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Side-by-side financial comparison of APPFOLIO INC (APPF) and Dine Brands Global, Inc. (DIN). Click either name above to swap in a different company.
APPFOLIO INC is the larger business by last-quarter revenue ($262.2M vs $217.6M, roughly 1.2× Dine Brands Global, Inc.). APPFOLIO INC runs the higher net margin — 16.2% vs -5.6%, a 21.8% gap on every dollar of revenue. On growth, APPFOLIO INC posted the faster year-over-year revenue change (20.4% vs 6.3%). Over the past eight quarters, APPFOLIO INC's revenue compounded faster (15.3% CAGR vs 2.7%).
AppFolio, Inc. is an American company founded in 2006 that offers software-as-a-service (SaaS) applications and services to the real estate industry.
Dine Brands Global Inc. is a publicly traded food and beverage company based in Pasadena, California. Founded in 1958 as IHOP, it operates franchised and corporate owned full-service restaurants including three restaurant concepts, Applebee's Neighborhood Grill & Bar, International House of Pancakes (IHOP), and Fuzzy's Taco Shop.
APPF vs DIN — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $262.2M | $217.6M |
| Net Profit | $42.4M | $-12.2M |
| Gross Margin | — | 42.4% |
| Operating Margin | 19.4% | -7.6% |
| Net Margin | 16.2% | -5.6% |
| Revenue YoY | 20.4% | 6.3% |
| Net Profit YoY | 35.2% | -336.1% |
| EPS (diluted) | $1.18 | $-0.79 |
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 | $217.6M | ||
| Q3 25 | $249.4M | $216.2M | ||
| Q2 25 | $235.6M | $230.8M | ||
| Q1 25 | $217.7M | $214.8M | ||
| Q4 24 | $203.7M | $204.8M | ||
| Q3 24 | $205.7M | $195.0M | ||
| Q2 24 | $197.4M | $206.3M |
| Q1 26 | $42.4M | — | ||
| Q4 25 | $39.9M | $-12.2M | ||
| Q3 25 | $33.6M | $7.3M | ||
| Q2 25 | $36.0M | $13.8M | ||
| Q1 25 | $31.4M | $8.2M | ||
| Q4 24 | $102.7M | $5.2M | ||
| Q3 24 | $33.0M | $19.1M | ||
| Q2 24 | $29.7M | $23.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | 42.4% | ||
| Q3 25 | — | 39.1% | ||
| Q2 25 | — | 40.0% | ||
| Q1 25 | — | 42.0% | ||
| Q4 24 | — | 41.7% | ||
| Q3 24 | — | 47.8% | ||
| Q2 24 | — | 48.1% |
| Q1 26 | 19.4% | — | ||
| Q4 25 | 17.6% | -7.6% | ||
| Q3 25 | 14.1% | 4.7% | ||
| Q2 25 | 17.2% | 8.2% | ||
| Q1 25 | 15.5% | 6.0% | ||
| Q4 24 | 11.3% | 3.8% | ||
| Q3 24 | 20.7% | 13.6% | ||
| Q2 24 | 18.3% | 15.1% |
| Q1 26 | 16.2% | — | ||
| Q4 25 | 16.1% | -5.6% | ||
| Q3 25 | 13.5% | 3.4% | ||
| Q2 25 | 15.3% | 6.0% | ||
| Q1 25 | 14.4% | 3.8% | ||
| Q4 24 | 50.4% | 2.5% | ||
| Q3 24 | 16.0% | 9.8% | ||
| Q2 24 | 15.0% | 11.2% |
| Q1 26 | $1.18 | — | ||
| Q4 25 | $1.10 | $-0.79 | ||
| Q3 25 | $0.93 | $0.48 | ||
| Q2 25 | $0.99 | $0.89 | ||
| Q1 25 | $0.86 | $0.53 | ||
| Q4 24 | $2.79 | $0.35 | ||
| Q3 24 | $0.90 | $1.24 | ||
| Q2 24 | $0.81 | $1.50 |
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 | $128.2M |
| Total DebtLower is stronger | — | $1.2B |
| Stockholders' EquityBook value | $470.2M | $-273.9M |
| Total Assets | $580.6M | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $147.4M | — | ||
| Q4 25 | $107.0M | $128.2M | ||
| Q3 25 | $76.1M | $167.9M | ||
| Q2 25 | $73.5M | $194.2M | ||
| Q1 25 | $56.9M | $186.5M | ||
| Q4 24 | $42.5M | $186.7M | ||
| Q3 24 | $62.4M | $169.6M | ||
| Q2 24 | $59.6M | $153.5M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.2B | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $1.2B | ||
| Q1 25 | — | $1.2B | ||
| Q4 24 | — | $1.2B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B |
| Q1 26 | $470.2M | — | ||
| Q4 25 | $542.6M | $-273.9M | ||
| Q3 25 | $498.9M | $-231.9M | ||
| Q2 25 | $455.6M | $-212.5M | ||
| Q1 25 | $462.1M | $-215.7M | ||
| Q4 24 | $519.3M | $-216.0M | ||
| Q3 24 | $412.8M | $-216.7M | ||
| Q2 24 | $371.4M | $-231.7M |
| Q1 26 | $580.6M | — | ||
| Q4 25 | $689.0M | $1.7B | ||
| Q3 25 | $640.5M | $1.8B | ||
| Q2 25 | $567.4M | $1.8B | ||
| Q1 25 | $564.7M | $1.8B | ||
| Q4 24 | $626.7M | $1.8B | ||
| Q3 24 | $523.3M | $1.7B | ||
| Q2 24 | $479.3M | $1.7B |
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 | $5.7M |
| Free Cash FlowOCF − Capex | — | $-8.6M |
| FCF MarginFCF / Revenue | — | -3.9% |
| Capex IntensityCapex / Revenue | — | 6.6% |
| Cash ConversionOCF / Net Profit | 0.81× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $53.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $34.3M | — | ||
| Q4 25 | $65.0M | $5.7M | ||
| Q3 25 | $86.0M | $30.2M | ||
| Q2 25 | $52.6M | $37.0M | ||
| Q1 25 | $38.5M | $16.1M | ||
| Q4 24 | $36.6M | $30.5M | ||
| Q3 24 | $57.8M | $25.5M | ||
| Q2 24 | $50.9M | $21.6M |
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | $-8.6M | ||
| Q3 25 | $84.7M | $18.1M | ||
| Q2 25 | $52.4M | $31.0M | ||
| Q1 25 | $38.2M | $12.8M | ||
| Q4 24 | $36.4M | $26.7M | ||
| Q3 24 | $57.4M | $22.0M | ||
| Q2 24 | $50.8M | $18.2M |
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | -3.9% | ||
| Q3 25 | 34.0% | 8.4% | ||
| Q2 25 | 22.2% | 13.4% | ||
| Q1 25 | 17.6% | 6.0% | ||
| Q4 24 | 17.9% | 13.0% | ||
| Q3 24 | 27.9% | 11.3% | ||
| Q2 24 | 25.8% | 8.8% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 6.6% | ||
| Q3 25 | 0.5% | 5.6% | ||
| Q2 25 | 0.1% | 2.6% | ||
| Q1 25 | 0.1% | 1.5% | ||
| Q4 24 | 0.1% | 1.9% | ||
| Q3 24 | 0.2% | 1.8% | ||
| Q2 24 | 0.0% | 1.7% |
| Q1 26 | 0.81× | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 2.56× | 4.12× | ||
| Q2 25 | 1.46× | 2.68× | ||
| Q1 25 | 1.23× | 1.97× | ||
| Q4 24 | 0.36× | 5.88× | ||
| Q3 24 | 1.75× | 1.34× | ||
| Q2 24 | 1.71× | 0.93× |
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% |
DIN
| Franchisor | $163.2M | 75% |
| Food And Beverage | $27.3M | 13% |
| Proprietary Product Sales And Other | $17.0M | 8% |
| Other | $8.1M | 4% |
| Franchise And Development Fees | $2.0M | 1% |
