vs
Side-by-side financial comparison of Alarm.com Holdings, Inc. (ALRM) and APPFOLIO INC (APPF). Click either name above to swap in a different company.
APPFOLIO INC is the larger business by last-quarter revenue ($262.2M vs $261.7M, roughly 1.0× Alarm.com Holdings, Inc.). APPFOLIO INC runs the higher net margin — 16.2% vs 13.2%, a 3.0% gap on every dollar of revenue. On growth, APPFOLIO INC posted the faster year-over-year revenue change (20.4% vs 8.0%). Over the past eight quarters, APPFOLIO INC's revenue compounded faster (15.3% CAGR vs 8.3%).
Alarm.com, Inc. is an American technology company that provides cloud-based services for remote control, home automation, and alarm monitoring services. The company was founded in 2000 as a spinoff from MicroStrategy. The company is based in Tysons, Virginia.
AppFolio, Inc. is an American company founded in 2006 that offers software-as-a-service (SaaS) applications and services to the real estate industry.
ALRM vs APPF — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $261.7M | $262.2M |
| Net Profit | $34.6M | $42.4M |
| Gross Margin | 66.0% | — |
| Operating Margin | 13.4% | 19.4% |
| Net Margin | 13.2% | 16.2% |
| Revenue YoY | 8.0% | 20.4% |
| Net Profit YoY | 14.8% | 35.2% |
| EPS (diluted) | $0.66 | $1.18 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $262.2M | ||
| Q4 25 | $261.7M | $248.2M | ||
| Q3 25 | $256.4M | $249.4M | ||
| Q2 25 | $254.3M | $235.6M | ||
| Q1 25 | $238.8M | $217.7M | ||
| Q4 24 | $242.2M | $203.7M | ||
| Q3 24 | $240.5M | $205.7M | ||
| Q2 24 | $233.8M | $197.4M |
| Q1 26 | — | $42.4M | ||
| Q4 25 | $34.6M | $39.9M | ||
| Q3 25 | $35.1M | $33.6M | ||
| Q2 25 | $34.2M | $36.0M | ||
| Q1 25 | $27.7M | $31.4M | ||
| Q4 24 | $30.1M | $102.7M | ||
| Q3 24 | $36.7M | $33.0M | ||
| Q2 24 | $33.5M | $29.7M |
| Q1 26 | — | — | ||
| Q4 25 | 66.0% | — | ||
| Q3 25 | 65.8% | — | ||
| Q2 25 | 65.6% | — | ||
| Q1 25 | 67.2% | — | ||
| Q4 24 | 65.5% | — | ||
| Q3 24 | 64.8% | — | ||
| Q2 24 | 65.2% | — |
| Q1 26 | — | 19.4% | ||
| Q4 25 | 13.4% | 17.6% | ||
| Q3 25 | 14.4% | 14.1% | ||
| Q2 25 | 12.6% | 17.2% | ||
| Q1 25 | 12.4% | 15.5% | ||
| Q4 24 | 12.7% | 11.3% | ||
| Q3 24 | 13.8% | 20.7% | ||
| Q2 24 | 11.0% | 18.3% |
| Q1 26 | — | 16.2% | ||
| Q4 25 | 13.2% | 16.1% | ||
| Q3 25 | 13.7% | 13.5% | ||
| Q2 25 | 13.5% | 15.3% | ||
| Q1 25 | 11.6% | 14.4% | ||
| Q4 24 | 12.4% | 50.4% | ||
| Q3 24 | 15.3% | 16.0% | ||
| Q2 24 | 14.3% | 15.0% |
| Q1 26 | — | $1.18 | ||
| Q4 25 | $0.66 | $1.10 | ||
| Q3 25 | $0.65 | $0.93 | ||
| Q2 25 | $0.63 | $0.99 | ||
| Q1 25 | $0.52 | $0.86 | ||
| Q4 24 | $0.56 | $2.79 | ||
| Q3 24 | $0.67 | $0.90 | ||
| Q2 24 | $0.62 | $0.81 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $960.6M | $147.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $848.2M | $470.2M |
| Total Assets | $2.1B | $580.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $147.4M | ||
| Q4 25 | $960.6M | $107.0M | ||
| Q3 25 | $1.1B | $76.1M | ||
| Q2 25 | $1.0B | $73.5M | ||
| Q1 25 | $1.2B | $56.9M | ||
| Q4 24 | $1.2B | $42.5M | ||
| Q3 24 | $1.2B | $62.4M | ||
| Q2 24 | $1.1B | $59.6M |
| Q1 26 | — | $470.2M | ||
| Q4 25 | $848.2M | $542.6M | ||
| Q3 25 | $827.2M | $498.9M | ||
| Q2 25 | $797.3M | $455.6M | ||
| Q1 25 | $759.6M | $462.1M | ||
| Q4 24 | $726.5M | $519.3M | ||
| Q3 24 | $690.3M | $412.8M | ||
| Q2 24 | $645.5M | $371.4M |
| Q1 26 | — | $580.6M | ||
| Q4 25 | $2.1B | $689.0M | ||
| Q3 25 | $2.1B | $640.5M | ||
| Q2 25 | $2.1B | $567.4M | ||
| Q1 25 | $2.1B | $564.7M | ||
| Q4 24 | $2.0B | $626.7M | ||
| Q3 24 | $2.0B | $523.3M | ||
| Q2 24 | $1.9B | $479.3M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $35.9M | $34.3M |
| Free Cash FlowOCF − Capex | $35.1M | — |
| FCF MarginFCF / Revenue | 13.4% | — |
| Capex IntensityCapex / Revenue | 0.3% | — |
| Cash ConversionOCF / Net Profit | 1.04× | 0.81× |
| TTM Free Cash FlowTrailing 4 quarters | $137.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $34.3M | ||
| Q4 25 | $35.9M | $65.0M | ||
| Q3 25 | $70.6M | $86.0M | ||
| Q2 25 | $22.7M | $52.6M | ||
| Q1 25 | $24.1M | $38.5M | ||
| Q4 24 | $56.3M | $36.6M | ||
| Q3 24 | $77.3M | $57.8M | ||
| Q2 24 | $23.0M | $50.9M |
| Q1 26 | — | — | ||
| Q4 25 | $35.1M | $63.7M | ||
| Q3 25 | $65.9M | $84.7M | ||
| Q2 25 | $18.2M | $52.4M | ||
| Q1 25 | $17.9M | $38.2M | ||
| Q4 24 | $54.0M | $36.4M | ||
| Q3 24 | $74.5M | $57.4M | ||
| Q2 24 | $21.0M | $50.8M |
| Q1 26 | — | — | ||
| Q4 25 | 13.4% | 25.7% | ||
| Q3 25 | 25.7% | 34.0% | ||
| Q2 25 | 7.1% | 22.2% | ||
| Q1 25 | 7.5% | 17.6% | ||
| Q4 24 | 22.3% | 17.9% | ||
| Q3 24 | 31.0% | 27.9% | ||
| Q2 24 | 9.0% | 25.8% |
| Q1 26 | — | — | ||
| Q4 25 | 0.3% | 0.5% | ||
| Q3 25 | 1.9% | 0.5% | ||
| Q2 25 | 1.8% | 0.1% | ||
| Q1 25 | 2.6% | 0.1% | ||
| Q4 24 | 0.9% | 0.1% | ||
| Q3 24 | 1.2% | 0.2% | ||
| Q2 24 | 0.9% | 0.0% |
| Q1 26 | — | 0.81× | ||
| Q4 25 | 1.04× | 1.63× | ||
| Q3 25 | 2.01× | 2.56× | ||
| Q2 25 | 0.66× | 1.46× | ||
| Q1 25 | 0.87× | 1.23× | ||
| Q4 24 | 1.87× | 0.36× | ||
| Q3 24 | 2.11× | 1.75× | ||
| Q2 24 | 0.69× | 1.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALRM
| License And Service | $180.2M | 69% |
| Hardwareand Other Revenue | $81.4M | 31% |
APPF
| Value Added Services | $164.7M | 63% |
| Subscription Services | $58.2M | 22% |
| Other | $39.3M | 15% |
