AppFolio (APPF) Expected to Release Quarterly Earnings on Thursday

AppFolio (NASDAQ:APPF) will likely be releasing its Q2 2026 results after the market closes on Thursday, July 23rd. Analysts expect the company to post earnings of $1.67 per share and revenue of $277.2580 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 23, 2026 at 5:00 PM ET.

AppFolio (NASDAQ:APPF) last issued its quarterly earnings results on Thursday, April 23rd. The software maker reported $1.61 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.14. AppFolio had a return on equity of 32.35% and a net margin of 15.27%.The business had revenue of $262.21 million during the quarter, compared to analysts’ expectations of $258.13 million. During the same quarter in the prior year, the business posted $1.21 earnings per share. The business’s quarterly revenue was up 20.7% on a year-over-year basis. On average, analysts expect AppFolio to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

AppFolio Trading Up 0.5%

NASDAQ APPF opened at $175.40 on Thursday. The stock has a market cap of $6.20 billion, a price-to-earnings ratio of 41.76 and a beta of 0.79. AppFolio has a 12 month low of $142.56 and a 12 month high of $326.04. The company’s 50 day moving average is $162.86 and its two-hundred day moving average is $176.59.

Analyst Ratings Changes

APPF has been the topic of a number of recent analyst reports. Wall Street Zen cut AppFolio from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. KeyCorp reaffirmed an “overweight” rating on shares of AppFolio in a research note on Monday, July 6th. Piper Sandler reduced their price target on shares of AppFolio from $245.00 to $210.00 and set an “overweight” rating on the stock in a report on Friday, April 24th. Benchmark boosted their price target on shares of AppFolio from $222.00 to $226.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, Weiss Ratings downgraded shares of AppFolio from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Nine research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, AppFolio presently has a consensus rating of “Moderate Buy” and an average price target of $252.29.

Insider Activity

In related news, CEO William Shane Trigg sold 3,584 shares of the company’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of $152.50, for a total transaction of $546,560.00. Following the sale, the chief executive officer owned 76,547 shares of the company’s stock, valued at $11,673,417.50. This represents a 4.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Evan Pickering sold 660 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $155.25, for a total transaction of $102,465.00. Following the sale, the general counsel directly owned 6,555 shares in the company, valued at approximately $1,017,663.75. The trade was a 9.15% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 30,657 shares of company stock worth $5,310,740. 1.57% of the stock is owned by corporate insiders.

Institutional Trading of AppFolio

A number of large investors have recently made changes to their positions in APPF. Royal Bank of Canada grew its position in AppFolio by 22.6% in the first quarter. Royal Bank of Canada now owns 45,452 shares of the software maker’s stock worth $9,993,000 after acquiring an additional 8,367 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in AppFolio by 23.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 384 shares of the software maker’s stock valued at $84,000 after purchasing an additional 73 shares during the period. Millennium Management LLC raised its position in AppFolio by 237.7% during the first quarter. Millennium Management LLC now owns 18,055 shares of the software maker’s stock valued at $3,970,000 after purchasing an additional 12,709 shares during the period. Jones Financial Companies Lllp lifted its stake in shares of AppFolio by 164.8% in the 1st quarter. Jones Financial Companies Lllp now owns 654 shares of the software maker’s stock valued at $144,000 after purchasing an additional 407 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of AppFolio by 322.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 66,777 shares of the software maker’s stock valued at $14,684,000 after purchasing an additional 50,970 shares during the last quarter. 85.19% of the stock is currently owned by institutional investors.

AppFolio Company Profile

AppFolio, Inc is a Santa Barbara–based provider of cloud-based software solutions for the property management and legal industries. Founded in 2006 by former software executives, the company went public on the NASDAQ under the symbol APPF in 2015. Its original offering, AppFolio Property Manager, automates accounting, marketing, leasing, and maintenance functions for residential, commercial, student housing, and community association managers.

In 2019, AppFolio expanded its portfolio with the acquisition of MyCase, a web-based legal practice management platform for small to mid-size law firms.