AppFolio Reports Strong Revenue Growth in Third Quarter
The real estate technology company posted $296 million in quarterly revenue as it expanded its platform management.
Updated on Oct. 22, 2026 in Corporate Finance
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AppFolio announced its financial results for the third quarter ending September 30, 2026, reporting $296 million in total revenue. This performance reflects a 19% increase in year-over-year revenue growth for the Santa Barbara-based firm.
Why it matters
The company's sustained revenue growth and cash flow figures demonstrate its expanding influence as a technology provider for the real estate industry. These results provide insight into the adoption rates of digital property management platforms across the sector.
AppFolio reported $57 million in GAAP operating income and $81 million in non-GAAP operating income for the third quarter. The firm also achieved $97 million in net cash provided by operating activities.
The players
AppFolio
A company headquartered in Santa Barbara, California, that provides a cloud-based technology platform for the real estate industry.
The details
The platform reached a total of 9.8 million units under management as of the end of the quarter. AppFolio also reported a net income of $46 million for the period.
Timeline
The third quarter financial reporting period ended on September 30, 2026.
AppFolio announced its Q3 2026 financial results on October 22, 2026.
Market Landscape
This earnings report follows established protocols for transparency as mandated by the Sarbanes-Oxley Act financial disclosure requirements. The data illustrates the company's competitive trajectory as it scales its software solutions against other real estate technology providers.
The company's financial stability suggests continued availability and support for its property management software services. Customers and subscribers should monitor the firm's investor relations updates for potential changes to platform features or service pricing models.
The takeaway
The company projects full-year 2026 revenue to land between $1.122 billion and $1.127 billion. Investors and stakeholders can utilize these benchmarks to gauge the firm's performance against its own operational guidance.
Further reading
For more on industry financial trends, explore our Corporate Finance section.
More information
Access full financial disclosures and performance reports on the AppFolio investor relations website.
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