Appfolio Stock Price, News & Analysis

AppFolio (NASDAQ:APPF), a real estate technology leader, has secured a significant partnership with Northpoint Asset Management, a property management company overseeing $5 billion in real estate assets and 8,000 units. Northpoint has selected AppFolio Property Manager Max, an enterprise-grade solution, to enhance its operational efficiency.

The partnership highlights Northpoint's adoption of AppFolio's AI-native product suite, AppFolio Realm, which includes the recently launched Realm-X Performers for workflow automation. The implementation aims to streamline operations, unify data, and deliver real-time insights to property owners while improving resident experiences.

AppFolio (NASDAQ:APPF) has unveiled Realm-X Performers, a groundbreaking advancement in its AI-native product suite at NAA Apartmentalize 2025. These AI agents are designed to automate complex property management workflows through agentic operations. The two key introductions are Realm-X Leasing Performer, which automates leasing processes including inquiry responses and showing schedules, and Realm-X Maintenance Performer, which handles maintenance requests through image-based diagnostics. Early results show significant efficiency gains, with users saving an average of 10 hours weekly on tasks and achieving 73% higher lead-to-showing conversion rates. The company also highlighted its FolioSpace resident interface and partnership with Second Nature as part of its AppFolio Stack ecosystem.

AppFolio's 2025 Renter Preferences Report, based on a survey of 2,000+ U.S. renters, reveals key insights about modern renter preferences. The study shows that residents who are satisfied with their property manager are 73% more likely to renew leases. Despite digital trends, 39% of renters still use traditional payment methods, with 59% reporting no online payment options. The report highlights that 86% of renters value online rent payment options, while 72% prioritize rent reporting and rewards programs. Moving challenges affect 75% of renters, yet only 30% have access to digital move-in tools. The study also reveals significant generational differences, with Gen Z projected to become the largest renter demographic by 2030. This generation shows stronger preferences for digital services, with 71% valuing digital move-in services and 77% prioritizing flexible rent options.

AppFolio (NASDAQ: APPF) reported Q1 2025 financial results, showing a 16% year-over-year revenue growth to $218 million. The company's total units under management increased 6% year-over-year to 8.8 million.

Key financial metrics include:

• GAAP operating income of $34 million (15.5% of revenue), compared to $34 million (18.2%) in Q1 2024
• Non-GAAP operating income of $53 million (24.3% of revenue), versus $48 million (25.7%) in Q1 2024
• Operating cash flow of $38 million (17.7% of revenue), down from $43 million (22.9%) in Q1 2024

The company announced FY2025 guidance with revenue expected between $920-940 million and non-GAAP operating margin of 24.5-26.5%. Additionally, the Board authorized a new $300 million share repurchase program, replacing the previous $100 million program.

AppFolio (NASDAQ:APPF) and Second Nature have announced a strategic partnership to enhance resident experience in real estate management. Through this collaboration, AppFolio customers will gain access to Second Nature's services within the AppFolio Stack™ partner ecosystem, including credit building, air filter delivery, pest control, rewards, and Group Rate Internet.

According to the upcoming AppFolio 2025 Renter Preferences Report, 71% of renters consider resident benefits important when evaluating rentals, yet only 42% currently have access to such benefits. This partnership follows AppFolio's recent collaboration with Zillow and complements their FolioSpace™ platform, which manages resident-property manager interactions. The integration also works alongside AppFolio Realm-X, which automates routine resident communications and administrative tasks.

AppFolio (NASDAQ: APPF) has scheduled its first quarter 2025 financial results announcement for Thursday, April 24, 2025, after U.S. financial markets close. The company will host a conference call at 5:00 p.m. Eastern Time on the same day to discuss financial results and business outlook.

A live webcast will be available, and investors can access the call via phone through a registration link. A replay of the webcast will be accessible for a time on AppFolio's Investor Relations website. The company also reminded investors to monitor their Investor Relations website for material nonpublic information disclosures in compliance with Regulation FD.

AppFolio (NASDAQ: APPF) reported strong Q4 and fiscal year 2024 results, with Q4 revenue growing 19% year-over-year to $204 million and total units under management increasing 6% to 8.7 million. Q4 GAAP operating income was $23 million (11.3% of revenue), compared to $28 million in Q4 2023.

For fiscal year 2024, revenue grew 28% to $794 million, with GAAP operating income reaching $136 million (17.1% of revenue). The company's outlook for 2025 projects revenue between $920-940 million and non-GAAP operating margin between 24.5-26.5%.

The company highlighted its continued investments in AI and resident experience, which are driving customer outcomes and growth. Cash flow performance remained strong with Q4 operating cash flow at $37 million and full-year operating cash flow at $188 million.

AppFolio (NASDAQ: APPF) has announced its upcoming fourth quarter and year end 2024 financial results conference call, scheduled for Thursday, January 30, 2025, after U.S. financial markets close. The company will host a conference call at 5:00 p.m. Eastern Time to discuss financial results and business outlook.

A live webcast will be available, and investors can access the call through a registration link. A replay will be accessible for a time on AppFolio's Investor Relations website. The company also reminded investors to monitor their Investor Relations website for material nonpublic information disclosures in compliance with Regulation FD.

AppFolio (NASDAQ:APPF) announced that Reedy & Company, a Memphis-based property management company, has signed a five-year contract to integrate AppFolio's suite of products across its portfolio of over 3,500 properties. Reedy selected AppFolio Property Manager Max for its AI capabilities and innovative solutions, consolidating five previous systems into one comprehensive platform. The implementation includes key features like Leasing CRM, Leasing Signals, and Database API. AppFolio recently launched FolioSpace, a next-generation resident experience platform, and enhanced Realm-X, its generative AI solution.