AppFolio, Inc. today announced its financial results for the second quarter ended June 30, 2025, reporting total revenue of $235.6 million, a 19% increase year-over-year. The company achieved GAAP net income of $36 million and non-GAAP earnings per share of $1.38, demonstrating strong market performance.
AppFolio highlighted that 96% of its customers have utilized one or more of its AI-powered solutions, indicating widespread adoption and tangible performance benefits. The company reiterated its full-year 2025 guidance, projecting annual revenue between $920 million and $940 million and a Non-GAAP operating margin between 24.5% and 26.5%.
In a significant leadership change, AppFolio also announced that its Board of Directors has appointed Tim Eaton as the new Chief Financial Officer, effective July 30, 2025. This executive appointment is a key strategic development for the company's financial leadership.
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