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Stock impact report

AppFolio outlines $945M–$950M 2025 revenue target amid accelerating AI product adoption and margin recalibration [Seeking Alpha]

AppFolio, Inc. - Class A (APPF) 
Last appfolio, inc. - class a earnings: 3/2 04:10 pm Check Earnings Report
Company Research Source: Seeking Alpha
Shane Trigg, President and CEO, opened by highlighting, “In the third quarter, revenue was $249 million, growing 21% year-over-year and non-GAAP operating margin was 23.5%. We continue to grow new business, and our unit count is now 9.1 million.” Trigg Quick Insights Major growth drivers include robust adoption of premium product tiers (Plus and Max), growth in total managed units, acquiring new customers, and increased adoption of AI-powered and value-added products. Operating margin is pressured due to higher costs from bonus plan overattainment, increased AI data center expense, greater sales capacity, investment in new products, and a shift in revenue mix. AppFolio raised its annual revenue guidance to $945–$950 million, expects slightly lower non-GAAP margins due to investments, and is prioritizing efficiency and high-impact innovation, especially in AI. More Trending News Show less Read more
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