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Side-by-side financial comparison of APPFOLIO INC (APPF) and FOX FACTORY HOLDING CORP (FOXF). Click either name above to swap in a different company.
FOX FACTORY HOLDING CORP is the larger business by last-quarter revenue ($376.4M vs $262.2M, roughly 1.4× APPFOLIO INC). APPFOLIO INC runs the higher net margin — 16.2% vs -0.2%, a 16.3% gap on every dollar of revenue. On growth, APPFOLIO INC posted the faster year-over-year revenue change (20.4% vs 4.8%). Over the past eight quarters, APPFOLIO INC's revenue compounded faster (15.3% CAGR vs 6.4%).
AppFolio, Inc. is an American company founded in 2006 that offers software-as-a-service (SaaS) applications and services to the real estate industry.
Fox Factory Holding Corp. is an American company best known for their Fox Racing Shox brand of off-road racing suspension components.
APPF vs FOXF — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $262.2M | $376.4M |
| Net Profit | $42.4M | $-634.0K |
| Gross Margin | — | 30.4% |
| Operating Margin | 19.4% | 4.0% |
| Net Margin | 16.2% | -0.2% |
| Revenue YoY | 20.4% | 4.8% |
| Net Profit YoY | 35.2% | -113.3% |
| EPS (diluted) | $1.18 | $-0.02 |
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 | $376.4M | ||
| Q3 25 | $249.4M | $374.9M | ||
| Q2 25 | $235.6M | $355.0M | ||
| Q1 25 | $217.7M | $352.8M | ||
| Q4 24 | $203.7M | — | ||
| Q3 24 | $205.7M | $359.1M | ||
| Q2 24 | $197.4M | $348.5M |
| Q1 26 | $42.4M | — | ||
| Q4 25 | $39.9M | $-634.0K | ||
| Q3 25 | $33.6M | $2.7M | ||
| Q2 25 | $36.0M | $-259.7M | ||
| Q1 25 | $31.4M | $-141.0K | ||
| Q4 24 | $102.7M | — | ||
| Q3 24 | $33.0M | $4.8M | ||
| Q2 24 | $29.7M | $5.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 30.4% | ||
| Q3 25 | — | 31.2% | ||
| Q2 25 | — | 30.9% | ||
| Q1 25 | — | 28.9% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 29.9% | ||
| Q2 24 | — | 31.8% |
| Q1 26 | 19.4% | — | ||
| Q4 25 | 17.6% | 4.0% | ||
| Q3 25 | 14.1% | 4.9% | ||
| Q2 25 | 17.2% | -70.6% | ||
| Q1 25 | 15.5% | 3.2% | ||
| Q4 24 | 11.3% | — | ||
| Q3 24 | 20.7% | 5.2% | ||
| Q2 24 | 18.3% | 5.3% |
| Q1 26 | 16.2% | — | ||
| Q4 25 | 16.1% | -0.2% | ||
| Q3 25 | 13.5% | 0.7% | ||
| Q2 25 | 15.3% | -73.1% | ||
| Q1 25 | 14.4% | -0.0% | ||
| Q4 24 | 50.4% | — | ||
| Q3 24 | 16.0% | 1.3% | ||
| Q2 24 | 15.0% | 1.6% |
| Q1 26 | $1.18 | — | ||
| Q4 25 | $1.10 | $-0.02 | ||
| Q3 25 | $0.93 | $0.07 | ||
| Q2 25 | $0.99 | $-6.23 | ||
| Q1 25 | $0.86 | $0.00 | ||
| Q4 24 | $2.79 | — | ||
| Q3 24 | $0.90 | $0.11 | ||
| Q2 24 | $0.81 | $0.13 |
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 | — |
| Total DebtLower is stronger | — | $536.7M |
| Stockholders' EquityBook value | $470.2M | $956.0M |
| Total Assets | $580.6M | $2.0B |
| Debt / EquityLower = less leverage | — | 0.56× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $147.4M | — | ||
| Q4 25 | $107.0M | — | ||
| Q3 25 | $76.1M | — | ||
| Q2 25 | $73.5M | — | ||
| Q1 25 | $56.9M | $71.7M | ||
| Q4 24 | $42.5M | — | ||
| Q3 24 | $62.4M | — | ||
| Q2 24 | $59.6M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $536.7M | ||
| Q3 25 | — | $541.8M | ||
| Q2 25 | — | $546.9M | ||
| Q1 25 | — | $552.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $558.4M | ||
| Q2 24 | — | $564.1M |
| Q1 26 | $470.2M | — | ||
| Q4 25 | $542.6M | $956.0M | ||
| Q3 25 | $498.9M | $958.7M | ||
| Q2 25 | $455.6M | $939.9M | ||
| Q1 25 | $462.1M | $1.2B | ||
| Q4 24 | $519.3M | — | ||
| Q3 24 | $412.8M | $1.2B | ||
| Q2 24 | $371.4M | $1.2B |
| Q1 26 | $580.6M | — | ||
| Q4 25 | $689.0M | $2.0B | ||
| Q3 25 | $640.5M | $2.0B | ||
| Q2 25 | $567.4M | $1.9B | ||
| Q1 25 | $564.7M | $2.2B | ||
| Q4 24 | $626.7M | — | ||
| Q3 24 | $523.3M | $2.3B | ||
| Q2 24 | $479.3M | $2.3B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.56× | ||
| Q3 25 | — | 0.57× | ||
| Q2 25 | — | 0.58× | ||
| Q1 25 | — | 0.46× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.47× |
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 | $5.3M |
| Free Cash FlowOCF − Capex | — | $-2.5M |
| FCF MarginFCF / Revenue | — | -0.7% |
| Capex IntensityCapex / Revenue | — | 2.1% |
| Cash ConversionOCF / Net Profit | 0.81× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $85.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $34.3M | — | ||
| Q4 25 | $65.0M | $5.3M | ||
| Q3 25 | $86.0M | $36.8M | ||
| Q2 25 | $52.6M | $680.0K | ||
| Q1 25 | $38.5M | $81.7M | ||
| Q4 24 | $36.6M | — | ||
| Q3 24 | $57.8M | $14.1M | ||
| Q2 24 | $50.9M | $26.7M |
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | $-2.5M | ||
| Q3 25 | $84.7M | $24.6M | ||
| Q2 25 | $52.4M | $-6.5M | ||
| Q1 25 | $38.2M | $69.8M | ||
| Q4 24 | $36.4M | — | ||
| Q3 24 | $57.4M | $3.2M | ||
| Q2 24 | $50.8M | $15.4M |
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | -0.7% | ||
| Q3 25 | 34.0% | 6.6% | ||
| Q2 25 | 22.2% | -1.8% | ||
| Q1 25 | 17.6% | 19.8% | ||
| Q4 24 | 17.9% | — | ||
| Q3 24 | 27.9% | 0.9% | ||
| Q2 24 | 25.8% | 4.4% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 2.1% | ||
| Q3 25 | 0.5% | 3.3% | ||
| Q2 25 | 0.1% | 2.0% | ||
| Q1 25 | 0.1% | 3.4% | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.2% | 3.0% | ||
| Q2 24 | 0.0% | 3.2% |
| Q1 26 | 0.81× | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 2.56× | 13.41× | ||
| Q2 25 | 1.46× | — | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 0.36× | — | ||
| Q3 24 | 1.75× | 2.94× | ||
| Q2 24 | 1.71× | 4.94× |
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% |
FOXF
| Specialty Sports Group | $132.7M | 35% |
| Powered Vehicles Group | $125.9M | 33% |
| Aftermarket Applications Group | $117.8M | 31% |
