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Side-by-side financial comparison of APPFOLIO INC (APPF) and RADIANT LOGISTICS, INC (RLGT). Click either name above to swap in a different company.
APPFOLIO INC is the larger business by last-quarter revenue ($262.2M vs $232.1M, roughly 1.1× RADIANT LOGISTICS, INC). APPFOLIO INC runs the higher net margin — 16.2% vs 2.3%, a 13.9% gap on every dollar of revenue. On growth, APPFOLIO INC posted the faster year-over-year revenue change (20.4% vs -12.3%). Over the past eight quarters, APPFOLIO INC's revenue compounded faster (15.3% CAGR vs 12.1%).
AppFolio, Inc. is an American company founded in 2006 that offers software-as-a-service (SaaS) applications and services to the real estate industry.
Radiant Logistics, Inc. is a leading third-party logistics provider offering end-to-end supply chain solutions, domestic and international freight forwarding, warehousing, and last-mile delivery services. It primarily serves North American markets, with key client segments including retail, manufacturing, e-commerce, and industrial sectors, helping businesses optimize logistics workflows and cut operational costs.
APPF vs RLGT — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $262.2M | $232.1M |
| Net Profit | $42.4M | $5.3M |
| Gross Margin | — | — |
| Operating Margin | 19.4% | 3.2% |
| Net Margin | 16.2% | 2.3% |
| Revenue YoY | 20.4% | -12.3% |
| Net Profit YoY | 35.2% | -18.0% |
| 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.
| Q1 26 | $262.2M | — | ||
| Q4 25 | $248.2M | $232.1M | ||
| Q3 25 | $249.4M | $226.7M | ||
| Q2 25 | $235.6M | $220.6M | ||
| Q1 25 | $217.7M | $214.0M | ||
| Q4 24 | $203.7M | $264.5M | ||
| Q3 24 | $205.7M | $203.6M | ||
| Q2 24 | $197.4M | $206.0M |
| Q1 26 | $42.4M | — | ||
| Q4 25 | $39.9M | $5.3M | ||
| Q3 25 | $33.6M | $1.3M | ||
| Q2 25 | $36.0M | $4.9M | ||
| Q1 25 | $31.4M | $2.5M | ||
| Q4 24 | $102.7M | $6.5M | ||
| Q3 24 | $33.0M | $3.4M | ||
| Q2 24 | $29.7M | $4.8M |
| Q1 26 | 19.4% | — | ||
| Q4 25 | 17.6% | 3.2% | ||
| Q3 25 | 14.1% | 0.9% | ||
| Q2 25 | 17.2% | 2.4% | ||
| Q1 25 | 15.5% | 1.6% | ||
| Q4 24 | 11.3% | 3.3% | ||
| Q3 24 | 20.7% | 1.9% | ||
| Q2 24 | 18.3% | 2.4% |
| Q1 26 | 16.2% | — | ||
| Q4 25 | 16.1% | 2.3% | ||
| Q3 25 | 13.5% | 0.6% | ||
| Q2 25 | 15.3% | 2.2% | ||
| Q1 25 | 14.4% | 1.2% | ||
| Q4 24 | 50.4% | 2.4% | ||
| Q3 24 | 16.0% | 1.7% | ||
| Q2 24 | 15.0% | 2.3% |
| Q1 26 | $1.18 | — | ||
| Q4 25 | $1.10 | $0.11 | ||
| Q3 25 | $0.93 | $0.03 | ||
| Q2 25 | $0.99 | $0.10 | ||
| Q1 25 | $0.86 | $0.05 | ||
| Q4 24 | $2.79 | $0.13 | ||
| Q3 24 | $0.90 | $0.07 | ||
| Q2 24 | $0.81 | $0.11 |
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 | $31.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $470.2M | $229.8M |
| Total Assets | $580.6M | $439.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $147.4M | — | ||
| Q4 25 | $107.0M | $31.9M | ||
| Q3 25 | $76.1M | $28.1M | ||
| Q2 25 | $73.5M | $22.9M | ||
| Q1 25 | $56.9M | $19.0M | ||
| Q4 24 | $42.5M | $19.9M | ||
| Q3 24 | $62.4M | $10.4M | ||
| Q2 24 | $59.6M | $24.9M |
| Q1 26 | $470.2M | — | ||
| Q4 25 | $542.6M | $229.8M | ||
| Q3 25 | $498.9M | $225.7M | ||
| Q2 25 | $455.6M | $226.0M | ||
| Q1 25 | $462.1M | $218.2M | ||
| Q4 24 | $519.3M | $214.4M | ||
| Q3 24 | $412.8M | $212.4M | ||
| Q2 24 | $371.4M | $209.4M |
| Q1 26 | $580.6M | — | ||
| Q4 25 | $689.0M | $439.4M | ||
| Q3 25 | $640.5M | $445.3M | ||
| Q2 25 | $567.4M | $426.8M | ||
| Q1 25 | $564.7M | $414.5M | ||
| Q4 24 | $626.7M | $386.8M | ||
| Q3 24 | $523.3M | $375.3M | ||
| Q2 24 | $479.3M | $371.2M |
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 | $12.4M |
| Free Cash FlowOCF − Capex | — | $11.6M |
| FCF MarginFCF / Revenue | — | 5.0% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | 0.81× | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | — | $8.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $34.3M | — | ||
| Q4 25 | $65.0M | $12.4M | ||
| Q3 25 | $86.0M | $2.5M | ||
| Q2 25 | $52.6M | $3.1M | ||
| Q1 25 | $38.5M | $-5.7M | ||
| Q4 24 | $36.6M | $15.7M | ||
| Q3 24 | $57.8M | $205.0K | ||
| Q2 24 | $50.9M | $1.3M |
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | $11.6M | ||
| Q3 25 | $84.7M | $977.0K | ||
| Q2 25 | $52.4M | $2.2M | ||
| Q1 25 | $38.2M | $-6.4M | ||
| Q4 24 | $36.4M | $14.1M | ||
| Q3 24 | $57.4M | $-1.9M | ||
| Q2 24 | $50.8M | $-185.0K |
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | 5.0% | ||
| Q3 25 | 34.0% | 0.4% | ||
| Q2 25 | 22.2% | 1.0% | ||
| Q1 25 | 17.6% | -3.0% | ||
| Q4 24 | 17.9% | 5.3% | ||
| Q3 24 | 27.9% | -0.9% | ||
| Q2 24 | 25.8% | -0.1% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 0.3% | ||
| Q3 25 | 0.5% | 0.7% | ||
| Q2 25 | 0.1% | 0.4% | ||
| Q1 25 | 0.1% | 0.3% | ||
| Q4 24 | 0.1% | 0.6% | ||
| Q3 24 | 0.2% | 1.0% | ||
| Q2 24 | 0.0% | 0.7% |
| Q1 26 | 0.81× | — | ||
| Q4 25 | 1.63× | 2.33× | ||
| Q3 25 | 2.56× | 1.90× | ||
| Q2 25 | 1.46× | 0.63× | ||
| Q1 25 | 1.23× | -2.26× | ||
| Q4 24 | 0.36× | 2.43× | ||
| Q3 24 | 1.75× | 0.06× | ||
| Q2 24 | 1.71× | 0.26× |
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% |
RLGT
| Transferred Over Time | $201.2M | 87% |
| Other | $25.0M | 11% |
| Value Added Services | $4.2M | 2% |
| Transferred At Point In Time | $1.8M | 1% |
