Welcome to our dedicated page for Appfolio SEC filings (Ticker: APPF), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The AppFolio, Inc. (NASDAQ: APPF) SEC filings page on Stock Titan provides access to the company’s official regulatory disclosures, sourced in real time from the U.S. Securities and Exchange Commission’s EDGAR system. As a Delaware-incorporated software publisher serving the real estate industry, AppFolio uses its 10-K annual reports, 10-Q quarterly reports, and 8-K current reports to present detailed information about its business, financial condition, risk factors, and material events.
In its periodic reports, AppFolio breaks out revenue into categories such as core solutions, value added services, and other revenue, and reports on costs and operating expenses including cost of revenue, sales and marketing, research and product development, and general and administrative expenses. These filings also describe the company’s focus on cloud-based property management software, value added services like screening, risk mitigation, and electronic payment services, and its emphasis on an AI-native platform for real estate operators.
AppFolio’s 8-K filings provide timely updates on events such as quarterly financial results, investor meetings, leadership changes, and financing arrangements. For example, the company has filed 8-Ks to furnish press releases announcing second and third quarter financial results, to report the appointment of a Chief Financial Officer, and to disclose the entry into a senior secured revolving credit facility with PNC Bank, National Association, and other lenders. These current reports often include or reference exhibits such as press releases or investor slide decks.
Through this page, users can also review filings related to direct financial obligations and credit facilities, as well as governance items reported under sections covering departures or appointments of certain officers. While proxy statements and Form 4 insider transaction reports are not detailed in the provided data, they are typically part of a NASDAQ-listed company’s broader SEC reporting profile and can be accessed via EDGAR.
Stock Titan enhances access to APPF filings with AI-powered summaries that explain the key points of lengthy documents, such as 10-K and 10-Q filings, in more accessible language. These summaries help readers quickly identify topics like revenue composition, operating trends, risk disclosures, and significant agreements. For current reports on Form 8-K, AI-generated overviews can highlight the nature of the event, whether it involves earnings, credit agreements, leadership changes, or investor presentations.
By using the AppFolio SEC filings page, investors, analysts, and real estate professionals can efficiently review the company’s historical and recent disclosures, compare reporting periods, and better understand how AppFolio describes its AI-enabled property management platform, value added services, and financial position in its official regulatory documents.
AppFolio, Inc. reported solid third‑quarter performance with revenue of $249,353, up 21% year over year, driven mainly by higher usage of payments, tenant screening, and risk mitigation services. Net income was $33,646, roughly flat versus last year, as operating expenses rose to support growth. Diluted EPS was $0.93.
For the first nine months, revenue reached $702,630 and net income was $101,009. Operating cash flow strengthened to $177,115, reflecting healthy collections. The company invested $75.0 million in Second Nature Holdings, expanded liquidity with a new $150.0 million senior secured revolving credit facility (undrawn), and executed share repurchases of $95.8 million in Q1 and $50.0 million in Q2, leaving $250.0 million available under the 2025 program. Units under management grew to 9.1 million as of September 30, 2025, supporting both subscription and usage‑based revenue.
AppFolio, Inc. filed an 8-K announcing two items. The company furnished a press release reporting financial results for the third quarter ended September 30, 2025. The release was provided as an exhibit and, as furnished information, is not deemed filed under the Exchange Act.
AppFolio also disclosed a leadership change. Chief Trust Officer Matt Mazza will depart on November 14, 2025. To support an orderly transition, his duties were reassigned and he ceased serving as Chief Trust Officer on October 27, 2025. The filing lists AppFolio’s Class A common stock trading on the NASDAQ Global Market under the symbol APPF.
AppFolio established a $150.0 million senior secured revolving credit facility with a $25.0 million letter-of-credit sublimit and a $25.0 million swingline sublimit, scheduled to mature on September 30, 2030. The facility was undrawn as of September 30, 2025. Borrowings can be priced at one-, three- or six-month Term SOFR, Daily Simple SOFR (margins 125–200 bps) or at a Base Rate (margins 25–100 bps), and swingline loans use Daily Simple SOFR plus the same margin band. The facility allows increases up to the greater of $225.0 million or 100% of Consolidated EBITDA, subject to a pro forma Consolidated Net Leverage Ratio cap of 3.25:1.00. A financial covenant requires maintaining Consolidated Net Leverage Ratio ≤ 3.75:1.00 (≤ 4.25:1.00 during an Acquisition Step-Up Period). Obligations are guaranteed by subsidiaries and secured by a first-priority security interest in substantially all personal property. The filing attaches the credit agreement as Exhibit 10.1.
Matthew S. Mazza, Chief Trust Officer of AppFolio, reported two open-market sales of Class A common stock in a Form 4. On 09/11/2025 he sold 1,364 shares at $280.77, leaving 26,651 shares beneficially owned. On 09/15/2025 he sold an additional 1,636 shares at $276.98, leaving 25,015 shares beneficially owned. The form was signed on behalf of Mr. Mazza by an attorney-in-fact, Evan Pickering, on 09/15/2025. The filing lists Mr. Mazza as an officer and director but does not include any other commentary or explanation for the transactions.
AppFolio Inc. (APPF) Chief Executive Officer William Shane Trigg executed insider sales on 09/10/2025. The Form 4 reports three sell transactions totaling 4,000 Class A common shares executed in multiple trades with weighted-average prices of $275.90, $276.72 and $278.63. Following these disposals the reporting person’s beneficial ownership decreased from earlier balances to 59,556 shares of Class A common stock. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/15/2025. All price ranges and weighted averages are disclosed in the explanatory footnotes.
Form 144 notice for AppFolio, Inc. (APPF) reports a proposed sale of 1,364 shares of common stock through Morgan Stanley Smith Barney on 09/11/2025 with an aggregate market value of $382,963.60 and total shares outstanding of 35,853,028. The filer shows recent acquisitions on 08/10/2025 of 720 performance shares and 644 restricted stock units from the issuer, both recorded as issued by the company with payment marked as not applicable. The filing states there were no securities sold by the reporting person in the past three months and includes the standard representation that the seller knows of no undisclosed material adverse information about the issuer.
AppFolio director Janet Kerr reported the sale of Class A common stock under a Rule 10b5-1 plan. On 09/08/2025 and 09/09/2025 Ms. Kerr disposed of a total of 2,945 shares in three transactions: 1,040 shares sold at a weighted average of $284.76, 1,460 shares sold at $285.24, and 545 shares granted/transferred with zero price on 09/09/2025. After these transactions she beneficially owns 11,450 shares held indirectly via the Janet Kerr Living Trust, where she is trustee. The filing was signed by an attorney-in-fact and discloses the 10b5-1 plan adoption around March 14, 2025.
AppFolio, Inc. (APPF) submitted a Form 144 reporting a proposed Rule 144 sale of common stock. The notice shows 4,000 shares offered through Morgan Stanley Smith Barney with an aggregate market value of $1,107,789.60 and an approximate sale date of September 10, 2025 on NASDAQ. The filer reports having acquired these shares as performance awards: 1,649 shares on January 23, 2024 and 2,351 shares on February 10, 2024, with full payment noted as not applicable.
The filing also discloses a recent sale by William S. Trigg of 3,012 shares on August 15, 2025 for gross proceeds of $798,119.76. The filer attests there is no undisclosed material adverse information and includes the standard signature and criminal penalty notice.
AppFolio, Inc. Form 144 notifies a proposed sale of 2,500 shares of Class A common stock through Wells Fargo Clearing Services with an aggregate market value of $706,525.19. The filing lists 22,871,704 shares outstanding and an approximate sale date of 09/08/2025 on Nasdaq. The shares to be sold were originally acquired as RSUs on 06/27/2016 (1,531 shares), 06/27/2017 (938 shares), and 06/27/2022 (31 shares).
The document does not provide the name of the filer or the issuer's identifying details in the visible fields, and it reports nothing to report for securities sold in the past three months. The filer certifies they know of no undisclosed material adverse information and references potential reliance on a Rule 10b5-1 plan but gives no plan date in the visible text.
AppFolio director Maurice J. Duca sold a total of 3,700 shares of Class A Common Stock on 08/27/2025 under a previously adopted 10(b)(5)-1 trading plan. The sales were executed in multiple transactions at weighted-average prices reported in grouped ranges around $275.00–$277.50 per share. The Form 4 shows these dispositions reduced reported direct holdings to 55,795 Class A shares. The filing also discloses substantial indirect holdings controlled by Mr. Duca: 35,376 shares in a pension trust, 26,667 shares in IGSB Cardinal I, LLC, 142,857 shares in IGSB Gaucho Fund I, LLC, and 9,805 shares in IGSB Cardinal Core BV, LLC, with disclaimers of beneficial ownership where applicable.