APPF · AppFolio Q2 FY2026 earnings call record财报电话会记录

“Comments made during this conference call and webcast contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are subject to risks and uncertainties.”

“For greater detail about risks and uncertainties, please see our SEC filings, including our Form 10-K for the fiscal year ended December 31st, 2025, which was filed with the SEC on February 5th, 2026.”

“To drive greater impact across their real estate operations, property managers are prioritizing technology consolidation.”

“Customers report they're catching 69% more fraudulent applications compared to their previous solution and reaching a leasing decision 5.7 days faster.”

“The impact of RPM is showing up in how customers choose us, stay with us, and grow with us.”

“Customers grew to 22,751, up 6% from 21,403.”

“In the second quarter, GAAP operating income, which includes stock-based compensation expense, grew 31% year-over-year to $53 million, or 18.8% of revenue, compared to $41 million or 17.2% of revenue a year ago.”

“Non-GAAP operating income grew 24% to $76 million, or 27.1% of revenue, compared to $62 million or 26.2% of revenue in 2025.”

“Operating efficiencies were offset by our payments product mix and by incremental data center capacity to support rising customer usage of our AI capabilities.”

“We are raising our full-year revenue guidance to a range of $1.117 billion-$1.127 billion, lifting the midpoint growth rate to 18.0%, fueled by premium tier adoption, growth in new business units, and increasing adoption of our products and services, including agentic AI performers and resident services.”

“Our outlook assumes a more moderate pace of unit expansion among existing customers, while new customer acquisition and retention remain healthy.”

“We are also raising our guidance for non-GAAP operating margin to a range of 26.5%-28.0%, compared to 24.7% in 2025.”