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Side-by-side financial comparison of APPFOLIO INC (APPF) and B&G Foods, Inc. (BGS). Click either name above to swap in a different company.
B&G Foods, Inc. is the larger business by last-quarter revenue ($439.3M vs $262.2M, roughly 1.7× APPFOLIO INC). APPFOLIO INC runs the higher net margin — 16.2% vs -4.4%, a 20.5% gap on every dollar of revenue. On growth, APPFOLIO INC posted the faster year-over-year revenue change (20.4% vs -4.7%). Over the past eight quarters, APPFOLIO INC's revenue compounded faster (15.3% CAGR vs -12.8%).
AppFolio, Inc. is an American company founded in 2006 that offers software-as-a-service (SaaS) applications and services to the real estate industry.
B&G Foods, Inc. is an American branded foods holding company based in Parsippany, New Jersey. The company was formed in 1996 to acquire Bloch & Guggenheimer, a Manhattan-based producer of pickles, relish and condiments which had been founded in 1889.
APPF vs BGS — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $262.2M | $439.3M |
| Net Profit | $42.4M | $-19.1M |
| Gross Margin | — | 22.5% |
| Operating Margin | 19.4% | 2.5% |
| Net Margin | 16.2% | -4.4% |
| Revenue YoY | 20.4% | -4.7% |
| Net Profit YoY | 35.2% | -356.5% |
| EPS (diluted) | $1.18 | $-0.24 |
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 | $248.2M | — | ||
| Q3 25 | $249.4M | $439.3M | ||
| Q2 25 | $235.6M | $424.4M | ||
| Q1 25 | $217.7M | $425.4M | ||
| Q4 24 | $203.7M | $551.6M | ||
| Q3 24 | $205.7M | $461.1M | ||
| Q2 24 | $197.4M | $444.6M |
| Q1 26 | $42.4M | — | ||
| Q4 25 | $39.9M | — | ||
| Q3 25 | $33.6M | $-19.1M | ||
| Q2 25 | $36.0M | $-9.8M | ||
| Q1 25 | $31.4M | $835.0K | ||
| Q4 24 | $102.7M | $-222.4M | ||
| Q3 24 | $33.0M | $7.5M | ||
| Q2 24 | $29.7M | $3.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 22.5% | ||
| Q2 25 | — | 20.5% | ||
| Q1 25 | — | 21.2% | ||
| Q4 24 | — | 21.5% | ||
| Q3 24 | — | 22.2% | ||
| Q2 24 | — | 20.7% |
| Q1 26 | 19.4% | — | ||
| Q4 25 | 17.6% | — | ||
| Q3 25 | 14.1% | 2.5% | ||
| Q2 25 | 17.2% | 5.2% | ||
| Q1 25 | 15.5% | 8.4% | ||
| Q4 24 | 11.3% | -46.6% | ||
| Q3 24 | 20.7% | 11.1% | ||
| Q2 24 | 18.3% | 9.9% |
| Q1 26 | 16.2% | — | ||
| Q4 25 | 16.1% | — | ||
| Q3 25 | 13.5% | -4.4% | ||
| Q2 25 | 15.3% | -2.3% | ||
| Q1 25 | 14.4% | 0.2% | ||
| Q4 24 | 50.4% | -40.3% | ||
| Q3 24 | 16.0% | 1.6% | ||
| Q2 24 | 15.0% | 0.9% |
| Q1 26 | $1.18 | — | ||
| Q4 25 | $1.10 | — | ||
| Q3 25 | $0.93 | $-0.24 | ||
| Q2 25 | $0.99 | $-0.12 | ||
| Q1 25 | $0.86 | $0.01 | ||
| Q4 24 | $2.79 | $-2.81 | ||
| Q3 24 | $0.90 | $0.09 | ||
| Q2 24 | $0.81 | $0.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $147.4M | $60.9M |
| Total DebtLower is stronger | — | $2.0B |
| Stockholders' EquityBook value | $470.2M | $470.7M |
| Total Assets | $580.6M | $2.9B |
| Debt / EquityLower = less leverage | — | 4.30× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $147.4M | — | ||
| Q4 25 | $107.0M | — | ||
| Q3 25 | $76.1M | $60.9M | ||
| Q2 25 | $73.5M | $54.1M | ||
| Q1 25 | $56.9M | $61.2M | ||
| Q4 24 | $42.5M | $50.6M | ||
| Q3 24 | $62.4M | $54.7M | ||
| Q2 24 | $59.6M | $40.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.1B | ||
| Q2 24 | — | $2.0B |
| Q1 26 | $470.2M | — | ||
| Q4 25 | $542.6M | — | ||
| Q3 25 | $498.9M | $470.7M | ||
| Q2 25 | $455.6M | $501.4M | ||
| Q1 25 | $462.1M | $513.1M | ||
| Q4 24 | $519.3M | $524.8M | ||
| Q3 24 | $412.8M | $755.3M | ||
| Q2 24 | $371.4M | $765.0M |
| Q1 26 | $580.6M | — | ||
| Q4 25 | $689.0M | — | ||
| Q3 25 | $640.5M | $2.9B | ||
| Q2 25 | $567.4M | $2.9B | ||
| Q1 25 | $564.7M | $3.0B | ||
| Q4 24 | $626.7M | $3.0B | ||
| Q3 24 | $523.3M | $3.4B | ||
| Q2 24 | $479.3M | $3.4B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 4.30× | ||
| Q2 25 | — | 3.97× | ||
| Q1 25 | — | 3.91× | ||
| Q4 24 | — | 3.85× | ||
| Q3 24 | — | 2.75× | ||
| Q2 24 | — | 2.67× |
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 | $34.3M | $-64.6M |
| Free Cash FlowOCF − Capex | — | $-70.7M |
| FCF MarginFCF / Revenue | — | -16.1% |
| Capex IntensityCapex / Revenue | — | 1.4% |
| Cash ConversionOCF / Net Profit | 0.81× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $54.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $34.3M | — | ||
| Q4 25 | $65.0M | — | ||
| Q3 25 | $86.0M | $-64.6M | ||
| Q2 25 | $52.6M | $17.8M | ||
| Q1 25 | $38.5M | $52.7M | ||
| Q4 24 | $36.6M | $80.3M | ||
| Q3 24 | $57.8M | $4.2M | ||
| Q2 24 | $50.9M | $11.3M |
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | — | ||
| Q3 25 | $84.7M | $-70.7M | ||
| Q2 25 | $52.4M | $11.5M | ||
| Q1 25 | $38.2M | $42.4M | ||
| Q4 24 | $36.4M | $71.7M | ||
| Q3 24 | $57.4M | $-679.0K | ||
| Q2 24 | $50.8M | $5.2M |
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | — | ||
| Q3 25 | 34.0% | -16.1% | ||
| Q2 25 | 22.2% | 2.7% | ||
| Q1 25 | 17.6% | 10.0% | ||
| Q4 24 | 17.9% | 13.0% | ||
| Q3 24 | 27.9% | -0.1% | ||
| Q2 24 | 25.8% | 1.2% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.5% | 1.4% | ||
| Q2 25 | 0.1% | 1.5% | ||
| Q1 25 | 0.1% | 2.4% | ||
| Q4 24 | 0.1% | 1.6% | ||
| Q3 24 | 0.2% | 1.0% | ||
| Q2 24 | 0.0% | 1.4% |
| Q1 26 | 0.81× | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 2.56× | — | ||
| Q2 25 | 1.46× | — | ||
| Q1 25 | 1.23× | 63.17× | ||
| Q4 24 | 0.36× | — | ||
| Q3 24 | 1.75× | 0.56× | ||
| Q2 24 | 1.71× | 2.87× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APPF
| Value Added Services | $164.7M | 63% |
| Subscription Services | $58.2M | 22% |
| Other | $39.3M | 15% |
BGS
| Specialty Segment | $150.5M | 34% |
| Meals Segment | $110.0M | 25% |
| Spices And Flavor Solutions Segment | $101.4M | 23% |
| Frozen And Vegetables Segment | $77.4M | 18% |
