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Side-by-side financial comparison of APPFOLIO INC (APPF) and Legend Biotech Corp (LEGN). Click either name above to swap in a different company.

Legend Biotech Corp is the larger business by last-quarter revenue ($272.3M vs $262.2M, roughly 1.0× APPFOLIO INC). APPFOLIO INC runs the higher net margin — 16.2% vs -14.6%, a 30.8% gap on every dollar of revenue. On growth, Legend Biotech Corp posted the faster year-over-year revenue change (70.0% vs 20.4%). Over the past eight quarters, Legend Biotech Corp's revenue compounded faster (92.7% CAGR vs 15.3%).

AppFolio, Inc. is an American company founded in 2006 that offers software-as-a-service (SaaS) applications and services to the real estate industry.

GenScript Biotech, fully known as GenScript Biotech Corporation, usually referred to as simply GenScript, is a China–based biotech company. It was co-founded in 2002 in New Jersey by Fangliang Zhang, Ye Wang, and Luquan Wang. The company mainly provides life science research application instruments and services. It was listed on the Hong Kong Stock Exchange in 2015. The current rotating CEO of the firm is Shao Weihui, who also served as the chief operating officer and Chinese Communist Party ...

APPF vs LEGN — Head-to-Head

Bigger by revenue
LEGN
LEGN
1.0× larger
LEGN
$272.3M
$262.2M
APPF
Growing faster (revenue YoY)
LEGN
LEGN
+49.5% gap
LEGN
70.0%
20.4%
APPF
Higher net margin
APPF
APPF
30.8% more per $
APPF
16.2%
-14.6%
LEGN
Faster 2-yr revenue CAGR
LEGN
LEGN
Annualised
LEGN
92.7%
15.3%
APPF

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
APPF
APPF
LEGN
LEGN
Revenue
$262.2M
$272.3M
Net Profit
$42.4M
$-39.7M
Gross Margin
58.4%
Operating Margin
19.4%
-16.0%
Net Margin
16.2%
-14.6%
Revenue YoY
20.4%
70.0%
Net Profit YoY
35.2%
68.3%
EPS (diluted)
$1.18
$-0.11

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.

Revenue
APPF
APPF
LEGN
LEGN
Q1 26
$262.2M
Q4 25
$248.2M
Q3 25
$249.4M
$272.3M
Q2 25
$235.6M
$255.1M
Q1 25
$217.7M
$195.1M
Q4 24
$203.7M
Q3 24
$205.7M
$160.2M
Q2 24
$197.4M
$186.5M
Net Profit
APPF
APPF
LEGN
LEGN
Q1 26
$42.4M
Q4 25
$39.9M
Q3 25
$33.6M
$-39.7M
Q2 25
$36.0M
$-125.4M
Q1 25
$31.4M
$-100.9M
Q4 24
$102.7M
Q3 24
$33.0M
$-125.3M
Q2 24
$29.7M
$-18.2M
Gross Margin
APPF
APPF
LEGN
LEGN
Q1 26
Q4 25
Q3 25
58.4%
Q2 25
62.8%
Q1 25
64.4%
Q4 24
Q3 24
67.2%
Q2 24
75.7%
Operating Margin
APPF
APPF
LEGN
LEGN
Q1 26
19.4%
Q4 25
17.6%
Q3 25
14.1%
-16.0%
Q2 25
17.2%
Q1 25
15.5%
Q4 24
11.3%
Q3 24
20.7%
-43.9%
Q2 24
18.3%
Net Margin
APPF
APPF
LEGN
LEGN
Q1 26
16.2%
Q4 25
16.1%
Q3 25
13.5%
-14.6%
Q2 25
15.3%
-49.2%
Q1 25
14.4%
-51.7%
Q4 24
50.4%
Q3 24
16.0%
-78.2%
Q2 24
15.0%
-9.8%
EPS (diluted)
APPF
APPF
LEGN
LEGN
Q1 26
$1.18
Q4 25
$1.10
Q3 25
$0.93
$-0.11
Q2 25
$0.99
$-0.34
Q1 25
$0.86
$-0.27
Q4 24
$2.79
Q3 24
$0.90
$-0.34
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
APPF
APPF
LEGN
LEGN
Cash + ST InvestmentsLiquidity on hand
$147.4M
$278.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$470.2M
$1.0B
Total Assets
$580.6M
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APPF
APPF
LEGN
LEGN
Q1 26
$147.4M
Q4 25
$107.0M
Q3 25
$76.1M
$278.9M
Q2 25
$73.5M
$266.6M
Q1 25
$56.9M
$441.7M
Q4 24
$42.5M
Q3 24
$62.4M
$459.3M
Q2 24
$59.6M
$201.3M
Stockholders' Equity
APPF
APPF
LEGN
LEGN
Q1 26
$470.2M
Q4 25
$542.6M
Q3 25
$498.9M
$1.0B
Q2 25
$455.6M
$1.0B
Q1 25
$462.1M
$1.0B
Q4 24
$519.3M
Q3 24
$412.8M
$1.1B
Q2 24
$371.4M
$1.2B
Total Assets
APPF
APPF
LEGN
LEGN
Q1 26
$580.6M
Q4 25
$689.0M
Q3 25
$640.5M
$1.7B
Q2 25
$567.4M
$1.7B
Q1 25
$564.7M
$1.6B
Q4 24
$626.7M
Q3 24
$523.3M
$1.7B
Q2 24
$479.3M
$1.8B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APPF
APPF
LEGN
LEGN
Operating Cash FlowLast quarter
$34.3M
$28.8M
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.

Operating Cash Flow
APPF
APPF
LEGN
LEGN
Q1 26
$34.3M
Q4 25
$65.0M
Q3 25
$86.0M
$28.8M
Q2 25
$52.6M
$-13.0M
Q1 25
$38.5M
$-103.8M
Q4 24
$36.6M
Q3 24
$57.8M
$-75.8M
Q2 24
$50.9M
$-1.7M
Free Cash Flow
APPF
APPF
LEGN
LEGN
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
FCF Margin
APPF
APPF
LEGN
LEGN
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%
Capex Intensity
APPF
APPF
LEGN
LEGN
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%
Cash Conversion
APPF
APPF
LEGN
LEGN
Q1 26
0.81×
Q4 25
1.63×
Q3 25
2.56×
Q2 25
1.46×
Q1 25
1.23×
Q4 24
0.36×
Q3 24
1.75×
Q2 24
1.71×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APPF
APPF

Value Added Services$201.4M77%
Subscription Services$58.2M22%

LEGN
LEGN

Goods Or Services Transferred At Point In Time$261.8M96%
Goods Or Services Transferred Over Time$10.5M4%

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