# APPFOLIO INC (APPF) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from APPFOLIO INC's 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/APPF/mda/fy2025/): filed 2026-02-05; accession 0001433195-26-000011 (https://www.sec.gov/Archives/edgar/data/1433195/000143319526000011/appf-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/APPF/mda/fy2024/): filed 2025-02-06; accession 0001433195-25-000013 (https://www.sec.gov/Archives/edgar/data/1433195/000143319525000013/appf-20241231.htm)
- [FY 2023 MD&A](/company/APPF/mda/fy2023/): filed 2024-02-01; accession 0001433195-24-000023 (https://www.sec.gov/Archives/edgar/data/1433195/000143319524000023/appf-20231231.htm)
- [FY 2022 MD&A](/company/APPF/mda/fy2022/): filed 2023-02-09; accession 0001433195-23-000021 (https://www.sec.gov/Archives/edgar/data/1433195/000143319523000021/appf-20221231.htm)
- [FY 2021 MD&A](/company/APPF/mda/fy2021/): filed 2022-02-28; accession 0001433195-22-000023 (https://www.sec.gov/Archives/edgar/data/1433195/000143319522000023/appf-20211231.htm)

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