NASDAQ$APPF
Appfolio Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported a 32% increase in revenue and the launch of AppFolio StackTM Marketplace.
AppFolio's Q2 2022 financial results showed strong revenue growth of 32% compared to the previous year, driven by the company's focus on delivering property management solutions and expanding its customer base. The company also launched AppFolio Stack, a new integration marketplace, as part of its strategy to serve larger customers and expand Value Added Services.
- Total revenue was $117.4 million, a 32% increase from Q2 2021.
- Units served on the AppFolio Property Manager platform increased to approximately 6.8 million.
- GAAP loss from operations was $29.9 million, or 25% of revenue.
- AppFolio Stack, a new integration marketplace, was launched.
Headline financials
Revenue & EPS history
Appfolio · Revenue · Quarterly
$117M
Revenue by segment
Appfolio · $163M total across 2 segments · Q3 2023
- Value Added Services$123M—75.6%
- Core solutions$39.8M—24.4%
Forward guidance
AppFolio provided its outlook for fiscal year 2022, with revenue expected to be in the range of $455 million to $461 million. The company anticipates that the full year non-GAAP operating margin as a percentage of revenue is expected to be in line with prior guidance and lower than in 2021. Weighted average shares outstanding are expected to be approximately 35 million for the full year.
Tailwinds
- Full year revenue is expected to be in the range of $455 million to $461 million.
Headwinds
- Full year non-GAAP operating margin as a percentage of revenue is expected to be lower than in 2021.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.2%
Avg return
Earnings day
+2.1%
Avg return
5 days after
+6.7%
Avg return
30 days after
53%
23 / 43 earnings
Positive
+26.7%
Q4 2023
Best reaction
-18.2%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +10.4% | +8.5% | +8.1% | |
| Q4 2025 | -9.1% | -11.1% | -14.2% | |
| Q3 2025 | +11.2% | +9.2% | -3.2% | |
| Q1 2025 | -18.2% | -12.0% | -10.6% | |
| Q4 2024 | -7.8% | -9.1% | -15.4% | |
| Q3 2024 | +8.6% | +10.7% | +24.0% | |
| Q2 2024 | -10.0% | -14.4% | -10.6% | |
| Q1 2024 | +12.4% | +5.0% | +6.7% | |
| Q4 2023 | +26.7% | +27.7% | +33.9% | |
| Q3 2023 | +6.6% | +6.4% | +9.6% | |
| Q2 2023 | +0.8% | +3.5% | +3.3% | |
| Q1 2023 | +11.8% | +10.1% | +14.4% | |
| Q4 2022 | -6.2% | -0.6% | +15.4% | |
| Q3 2022 | +20.2% | +22.0% | +13.8% | |
| Q2 2022 | +1.8% | +3.7% | +5.0% | |
| Q1 2022 | -17.7% | -9.9% | -6.1% | |
| Q4 2021 | +3.0% | +1.3% | +0.3% | |
| Q3 2021 | -2.1% | -5.8% | -5.8% | |
| Q2 2021 | -6.8% | -4.5% | -11.1% | |
| Q1 2021 | -4.6% | -2.0% | +6.4% | |
| Q4 2020 | -17.8% | -15.4% | -13.8% | |
| Q3 2020 | -7.1% | -11.8% | +2.3% | |
| Q2 2020 | +12.0% | +14.2% | +20.9% | |
| Q1 2020 | +3.4% | +16.3% | +60.1% | |
| Q4 2019 | -2.4% | -4.6% | -21.3% | |
| Q3 2019 | +4.6% | +8.8% | +26.9% | |
| Q2 2019 | -7.9% | -6.8% | -6.1% | |
| Q1 2019 | -2.6% | -0.9% | +0.2% | |
| Q4 2018 | -5.3% | -1.7% | +14.4% | |
| Q3 2018 | -6.5% | -0.3% | +5.3% | |
| Q2 2018 | +11.3% | +15.0% | +26.3% | |
| Q1 2018 | +3.1% | +13.2% | +21.8% | |
| Q4 2017 | -10.1% | -9.3% | -10.9% | |
| Q3 2017 | -8.1% | -8.5% | -11.2% | |
| Q2 2017 | +8.0% | +2.9% | +24.4% | |
| Q1 2017 | +3.5% | +7.7% | +19.0% | |
| Q4 2016 | +4.4% | +0.6% | +9.9% | |
| Q3 2016 | +3.4% | +16.4% | +15.6% | |
| Q2 2016 | +7.1% | +8.3% | +12.4% | |
| Q1 2016 | +0.7% | — | — | |
| Q4 2015 | -14.5% | — | — | |
| Q3 2015 | -4.1% | — | — | |
| Q2 2015 | +1.9% | — | — | |
| Q1 2015 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — |
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