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Side-by-side financial comparison of APPFOLIO INC (APPF) and Cricut, Inc. (CRCT). Click either name above to swap in a different company.
APPFOLIO INC is the larger business by last-quarter revenue ($262.2M vs $159.5M, roughly 1.6× Cricut, Inc.). APPFOLIO INC runs the higher net margin — 16.2% vs 12.7%, a 3.4% gap on every dollar of revenue. On growth, APPFOLIO INC posted the faster year-over-year revenue change (20.4% vs -1.9%). Over the past eight quarters, APPFOLIO INC's revenue compounded faster (15.3% CAGR vs -2.6%).
AppFolio, Inc. is an American company founded in 2006 that offers software-as-a-service (SaaS) applications and services to the real estate industry.
Cricut, Inc. is an American brand of cutting plotters, or computer-controlled cutting machines, designed for home crafters. The machines are used for cutting paper, felt, vinyl, fabric and other materials such as leather, matboard, and wood.
APPF vs CRCT — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $262.2M | $159.5M |
| Net Profit | $42.4M | $20.3M |
| Gross Margin | — | 58.1% |
| Operating Margin | 19.4% | 14.4% |
| Net Margin | 16.2% | 12.7% |
| Revenue YoY | 20.4% | -1.9% |
| Net Profit YoY | 35.2% | — |
| EPS (diluted) | $1.18 | $0.10 |
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 | $159.5M | ||
| Q4 25 | $248.2M | $203.6M | ||
| Q3 25 | $249.4M | $170.4M | ||
| Q2 25 | $235.6M | $172.1M | ||
| Q1 25 | $217.7M | $162.6M | ||
| Q4 24 | $203.7M | $209.3M | ||
| Q3 24 | $205.7M | $167.9M | ||
| Q2 24 | $197.4M | $167.9M |
| Q1 26 | $42.4M | $20.3M | ||
| Q4 25 | $39.9M | $7.8M | ||
| Q3 25 | $33.6M | $20.5M | ||
| Q2 25 | $36.0M | $24.5M | ||
| Q1 25 | $31.4M | $23.9M | ||
| Q4 24 | $102.7M | $11.9M | ||
| Q3 24 | $33.0M | $11.5M | ||
| Q2 24 | $29.7M | $19.8M |
| Q1 26 | — | 58.1% | ||
| Q4 25 | — | 47.4% | ||
| Q3 25 | — | 55.2% | ||
| Q2 25 | — | 59.0% | ||
| Q1 25 | — | 60.5% | ||
| Q4 24 | — | 44.9% | ||
| Q3 24 | — | 46.1% | ||
| Q2 24 | — | 53.5% |
| Q1 26 | 19.4% | 14.4% | ||
| Q4 25 | 17.6% | 6.8% | ||
| Q3 25 | 14.1% | 13.3% | ||
| Q2 25 | 17.2% | 17.5% | ||
| Q1 25 | 15.5% | 18.0% | ||
| Q4 24 | 11.3% | 6.6% | ||
| Q3 24 | 20.7% | 6.3% | ||
| Q2 24 | 18.3% | 15.7% |
| Q1 26 | 16.2% | 12.7% | ||
| Q4 25 | 16.1% | 3.8% | ||
| Q3 25 | 13.5% | 12.0% | ||
| Q2 25 | 15.3% | 14.2% | ||
| Q1 25 | 14.4% | 14.7% | ||
| Q4 24 | 50.4% | 5.7% | ||
| Q3 24 | 16.0% | 6.8% | ||
| Q2 24 | 15.0% | 11.8% |
| Q1 26 | $1.18 | $0.10 | ||
| Q4 25 | $1.10 | $0.03 | ||
| Q3 25 | $0.93 | $0.10 | ||
| Q2 25 | $0.99 | $0.11 | ||
| Q1 25 | $0.86 | $0.11 | ||
| Q4 24 | $2.79 | $0.06 | ||
| Q3 24 | $0.90 | $0.05 | ||
| Q2 24 | $0.81 | $0.09 |
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 | $236.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $470.2M | $357.5M |
| Total Assets | $580.6M | $543.8M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $147.4M | $236.5M | ||
| Q4 25 | $107.0M | $275.6M | ||
| Q3 25 | $76.1M | $207.1M | ||
| Q2 25 | $73.5M | $376.9M | ||
| Q1 25 | $56.9M | $356.7M | ||
| Q4 24 | $42.5M | $336.9M | ||
| Q3 24 | $62.4M | $246.9M | ||
| Q2 24 | $59.6M | $299.5M |
| Q1 26 | $470.2M | $357.5M | ||
| Q4 25 | $542.6M | $343.6M | ||
| Q3 25 | $498.9M | $358.4M | ||
| Q2 25 | $455.6M | $308.9M | ||
| Q1 25 | $462.1M | $490.2M | ||
| Q4 24 | $519.3M | $466.8M | ||
| Q3 24 | $412.8M | $475.8M | ||
| Q2 24 | $371.4M | $448.5M |
| Q1 26 | $580.6M | $543.8M | ||
| Q4 25 | $689.0M | $580.8M | ||
| Q3 25 | $640.5M | $564.3M | ||
| Q2 25 | $567.4M | $721.5M | ||
| Q1 25 | $564.7M | $681.7M | ||
| Q4 24 | $626.7M | $693.0M | ||
| Q3 24 | $523.3M | $663.8M | ||
| Q2 24 | $479.3M | $742.1M |
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 | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | 0.81× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $34.3M | — | ||
| Q4 25 | $65.0M | $82.4M | ||
| Q3 25 | $86.0M | $20.5M | ||
| Q2 25 | $52.6M | $36.2M | ||
| Q1 25 | $38.5M | $61.2M | ||
| Q4 24 | $36.6M | $103.1M | ||
| Q3 24 | $57.8M | $70.2M | ||
| Q2 24 | $50.9M | $35.0M |
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | — | ||
| Q3 25 | $84.7M | — | ||
| Q2 25 | $52.4M | — | ||
| Q1 25 | $38.2M | — | ||
| Q4 24 | $36.4M | — | ||
| Q3 24 | $57.4M | — | ||
| Q2 24 | $50.8M | — |
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | — | ||
| Q3 25 | 34.0% | — | ||
| Q2 25 | 22.2% | — | ||
| Q1 25 | 17.6% | — | ||
| Q4 24 | 17.9% | — | ||
| Q3 24 | 27.9% | — | ||
| Q2 24 | 25.8% | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.5% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.0% | — |
| Q1 26 | 0.81× | — | ||
| Q4 25 | 1.63× | 10.58× | ||
| Q3 25 | 2.56× | 1.00× | ||
| Q2 25 | 1.46× | 1.48× | ||
| Q1 25 | 1.23× | 2.56× | ||
| Q4 24 | 0.36× | 8.64× | ||
| Q3 24 | 1.75× | 6.11× | ||
| Q2 24 | 1.71× | 1.77× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APPF
| Value Added Services | $201.4M | 77% |
| Subscription Services | $58.2M | 22% |
CRCT
| Platform | $84.8M | 53% |
| Products | $74.7M | 47% |
