vs
Side-by-side financial comparison of APPFOLIO INC (APPF) and RBC Bearings INC (RBC). Click either name above to swap in a different company.
RBC Bearings INC is the larger business by last-quarter revenue ($461.6M vs $262.2M, roughly 1.8× APPFOLIO INC). APPFOLIO INC runs the higher net margin — 16.2% vs 14.6%, a 1.6% gap on every dollar of revenue. On growth, APPFOLIO INC posted the faster year-over-year revenue change (20.4% vs 17.0%). Over the past eight quarters, APPFOLIO INC's revenue compounded faster (15.3% CAGR vs 5.6%).
AppFolio, Inc. is an American company founded in 2006 that offers software-as-a-service (SaaS) applications and services to the real estate industry.
Dover Corporation is an American conglomerate manufacturer of industrial products. The Downers Grove, Illinois-based company was founded in 1955. As of 2021, Dover's business was divided into five segments: Engineered Products, Clean Energy and Fueling, Imaging & Identification, Pumps & Process Solutions and Climate and Sustainability Technologies. Dover is a constituent of the S&P 500 index and trades on the New York Stock Exchange under the symbol DOV. Dover was ranked 448 in the 2024 Fortu...
APPF vs RBC — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $262.2M | $461.6M |
| Net Profit | $42.4M | $67.4M |
| Gross Margin | — | 44.3% |
| Operating Margin | 19.4% | 22.3% |
| Net Margin | 16.2% | 14.6% |
| Revenue YoY | 20.4% | 17.0% |
| Net Profit YoY | 35.2% | 16.4% |
| EPS (diluted) | $1.18 | $2.13 |
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 | $461.6M | ||
| Q3 25 | $249.4M | $455.3M | ||
| Q2 25 | $235.6M | $436.0M | ||
| Q1 25 | $217.7M | $437.7M | ||
| Q4 24 | $203.7M | $394.4M | ||
| Q3 24 | $205.7M | $397.9M | ||
| Q2 24 | $197.4M | $406.3M |
| Q1 26 | $42.4M | — | ||
| Q4 25 | $39.9M | $67.4M | ||
| Q3 25 | $33.6M | $60.0M | ||
| Q2 25 | $36.0M | $68.5M | ||
| Q1 25 | $31.4M | $72.7M | ||
| Q4 24 | $102.7M | $57.9M | ||
| Q3 24 | $33.0M | $54.2M | ||
| Q2 24 | $29.7M | $61.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | 44.3% | ||
| Q3 25 | — | 44.1% | ||
| Q2 25 | — | 44.8% | ||
| Q1 25 | — | 44.2% | ||
| Q4 24 | — | 44.3% | ||
| Q3 24 | — | 43.7% | ||
| Q2 24 | — | 45.3% |
| Q1 26 | 19.4% | — | ||
| Q4 25 | 17.6% | 22.3% | ||
| Q3 25 | 14.1% | 21.5% | ||
| Q2 25 | 17.2% | 23.2% | ||
| Q1 25 | 15.5% | 23.0% | ||
| Q4 24 | 11.3% | 21.7% | ||
| Q3 24 | 20.7% | 21.6% | ||
| Q2 24 | 18.3% | 24.0% |
| Q1 26 | 16.2% | — | ||
| Q4 25 | 16.1% | 14.6% | ||
| Q3 25 | 13.5% | 13.2% | ||
| Q2 25 | 15.3% | 15.7% | ||
| Q1 25 | 14.4% | 16.6% | ||
| Q4 24 | 50.4% | 14.7% | ||
| Q3 24 | 16.0% | 13.6% | ||
| Q2 24 | 15.0% | 15.1% |
| Q1 26 | $1.18 | — | ||
| Q4 25 | $1.10 | $2.13 | ||
| Q3 25 | $0.93 | $1.90 | ||
| Q2 25 | $0.99 | $2.17 | ||
| Q1 25 | $0.86 | $2.33 | ||
| Q4 24 | $2.79 | $1.82 | ||
| Q3 24 | $0.90 | $1.65 | ||
| Q2 24 | $0.81 | $1.90 |
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 | $107.6M |
| Total DebtLower is stronger | — | $990.2M |
| Stockholders' EquityBook value | $470.2M | $3.3B |
| Total Assets | $580.6M | $5.1B |
| Debt / EquityLower = less leverage | — | 0.30× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $147.4M | — | ||
| Q4 25 | $107.0M | $107.6M | ||
| Q3 25 | $76.1M | $91.2M | ||
| Q2 25 | $73.5M | $132.9M | ||
| Q1 25 | $56.9M | $36.8M | ||
| Q4 24 | $42.5M | — | ||
| Q3 24 | $62.4M | — | ||
| Q2 24 | $59.6M | $76.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $990.2M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $915.6M | ||
| Q1 25 | — | $920.1M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $470.2M | — | ||
| Q4 25 | $542.6M | $3.3B | ||
| Q3 25 | $498.9M | $3.2B | ||
| Q2 25 | $455.6M | $3.1B | ||
| Q1 25 | $462.1M | $3.0B | ||
| Q4 24 | $519.3M | $2.9B | ||
| Q3 24 | $412.8M | $2.9B | ||
| Q2 24 | $371.4M | $2.8B |
| Q1 26 | $580.6M | — | ||
| Q4 25 | $689.0M | $5.1B | ||
| Q3 25 | $640.5M | $5.1B | ||
| Q2 25 | $567.4M | $4.8B | ||
| Q1 25 | $564.7M | $4.7B | ||
| Q4 24 | $626.7M | $4.7B | ||
| Q3 24 | $523.3M | $4.7B | ||
| Q2 24 | $479.3M | $4.7B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.30× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | $122.1M |
| Free Cash FlowOCF − Capex | — | $99.1M |
| FCF MarginFCF / Revenue | — | 21.5% |
| Capex IntensityCapex / Revenue | — | 5.0% |
| Cash ConversionOCF / Net Profit | 0.81× | 1.81× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $34.3M | — | ||
| Q4 25 | $65.0M | $122.1M | ||
| Q3 25 | $86.0M | $88.4M | ||
| Q2 25 | $52.6M | $120.0M | ||
| Q1 25 | $38.5M | — | ||
| Q4 24 | $36.6M | $84.0M | ||
| Q3 24 | $57.8M | — | ||
| Q2 24 | $50.9M | $97.4M |
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | $99.1M | ||
| Q3 25 | $84.7M | $71.7M | ||
| Q2 25 | $52.4M | $104.3M | ||
| Q1 25 | $38.2M | — | ||
| Q4 24 | $36.4M | $73.6M | ||
| Q3 24 | $57.4M | — | ||
| Q2 24 | $50.8M | $88.4M |
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | 21.5% | ||
| Q3 25 | 34.0% | 15.7% | ||
| Q2 25 | 22.2% | 23.9% | ||
| Q1 25 | 17.6% | — | ||
| Q4 24 | 17.9% | 18.7% | ||
| Q3 24 | 27.9% | — | ||
| Q2 24 | 25.8% | 21.8% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 5.0% | ||
| Q3 25 | 0.5% | 3.7% | ||
| Q2 25 | 0.1% | 3.6% | ||
| Q1 25 | 0.1% | 3.2% | ||
| Q4 24 | 0.1% | 2.6% | ||
| Q3 24 | 0.2% | 4.1% | ||
| Q2 24 | 0.0% | 2.2% |
| Q1 26 | 0.81× | — | ||
| Q4 25 | 1.63× | 1.81× | ||
| Q3 25 | 2.56× | 1.47× | ||
| Q2 25 | 1.46× | 1.75× | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 0.36× | 1.45× | ||
| Q3 24 | 1.75× | — | ||
| Q2 24 | 1.71× | 1.59× |
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% |
RBC
| Domestic | $413.3M | 90% |
| Foreign | $48.3M | 10% |
