The software firm projects 2026 revenue growth and raises non-GAAP operating margin guidance to 26.5%-28.0%.
AppFolio forecasted 2026 revenue between $1.117 billion and $1.127 billion, alongside a raised non-GAAP operating margin target of 26.5% to 28.0%. The guidance follows a strong Q2 performance, with revenue hitting $281 million, up 19% year-over-year.
The company also surpassed $1 billion in trailing 12-month revenue for the first time. Prior-year revenue growth was driven by demand for its property management and vertical software solutions. No immediate market reaction was disclosed in the earnings call summary.