vs
Side-by-side financial comparison of APPFOLIO INC (APPF) and ServiceTitan, Inc. (TTAN). Click either name above to swap in a different company.
APPFOLIO INC is the larger business by last-quarter revenue ($262.2M vs $249.2M, roughly 1.1× ServiceTitan, Inc.). APPFOLIO INC runs the higher net margin — 16.2% vs -15.9%, a 32.0% gap on every dollar of revenue. On growth, ServiceTitan, Inc. posted the faster year-over-year revenue change (25.0% vs 20.4%).
AppFolio, Inc. is an American company founded in 2006 that offers software-as-a-service (SaaS) applications and services to the real estate industry.
Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent holding company of Google and several former Google subsidiaries. Alphabet is listed on the large-cap section of the Nasdaq under the ticker symbols GOOGL and GOOG; both classes of stock are components of major stock market indices such as the S&P 500 and Nasdaq-100. Alphabet ha...
APPF vs TTAN — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $262.2M | $249.2M |
| Net Profit | $42.4M | $-39.5M |
| Gross Margin | — | 70.8% |
| Operating Margin | 19.4% | -16.9% |
| Net Margin | 16.2% | -15.9% |
| Revenue YoY | 20.4% | 25.0% |
| Net Profit YoY | 35.2% | 14.9% |
| EPS (diluted) | $1.18 | $-0.42 |
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 | $249.2M | ||
| Q3 25 | $249.4M | $242.1M | ||
| Q2 25 | $235.6M | $215.7M | ||
| Q1 25 | $217.7M | $209.3M | ||
| Q4 24 | $203.7M | $199.3M | ||
| Q3 24 | $205.7M | — | ||
| Q2 24 | $197.4M | $170.3M |
| Q1 26 | $42.4M | — | ||
| Q4 25 | $39.9M | $-39.5M | ||
| Q3 25 | $33.6M | $-32.2M | ||
| Q2 25 | $36.0M | $-46.4M | ||
| Q1 25 | $31.4M | $-100.9M | ||
| Q4 24 | $102.7M | $-46.5M | ||
| Q3 24 | $33.0M | — | ||
| Q2 24 | $29.7M | $-56.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 70.8% | ||
| Q3 25 | — | 70.8% | ||
| Q2 25 | — | 68.8% | ||
| Q1 25 | — | 66.0% | ||
| Q4 24 | — | 65.2% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 62.2% |
| Q1 26 | 19.4% | — | ||
| Q4 25 | 17.6% | -16.9% | ||
| Q3 25 | 14.1% | -14.4% | ||
| Q2 25 | 17.2% | -23.0% | ||
| Q1 25 | 15.5% | -47.7% | ||
| Q4 24 | 11.3% | -22.1% | ||
| Q3 24 | 20.7% | — | ||
| Q2 24 | 18.3% | -31.4% |
| Q1 26 | 16.2% | — | ||
| Q4 25 | 16.1% | -15.9% | ||
| Q3 25 | 13.5% | -13.3% | ||
| Q2 25 | 15.3% | -21.5% | ||
| Q1 25 | 14.4% | -48.2% | ||
| Q4 24 | 50.4% | -23.3% | ||
| Q3 24 | 16.0% | — | ||
| Q2 24 | 15.0% | -32.9% |
| Q1 26 | $1.18 | — | ||
| Q4 25 | $1.10 | $-0.42 | ||
| Q3 25 | $0.93 | $-0.35 | ||
| Q2 25 | $0.99 | $-0.51 | ||
| Q1 25 | $0.86 | $-3.34 | ||
| Q4 24 | $2.79 | $-1.74 | ||
| Q3 24 | $0.90 | — | ||
| Q2 24 | $0.81 | $-2.02 |
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 | $493.2M |
| Total DebtLower is stronger | — | $103.6M |
| Stockholders' EquityBook value | $470.2M | $1.5B |
| Total Assets | $580.6M | $1.8B |
| Debt / EquityLower = less leverage | — | 0.07× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $147.4M | — | ||
| Q4 25 | $107.0M | $493.2M | ||
| Q3 25 | $76.1M | $471.5M | ||
| Q2 25 | $73.5M | $420.3M | ||
| Q1 25 | $56.9M | $441.8M | ||
| Q4 24 | $42.5M | $133.8M | ||
| Q3 24 | $62.4M | — | ||
| Q2 24 | $59.6M | $116.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $103.6M | ||
| Q3 25 | — | $103.7M | ||
| Q2 25 | — | $103.9M | ||
| Q1 25 | — | $104.0M | ||
| Q4 24 | — | $174.2M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $470.2M | — | ||
| Q4 25 | $542.6M | $1.5B | ||
| Q3 25 | $498.9M | $1.5B | ||
| Q2 25 | $455.6M | $1.5B | ||
| Q1 25 | $462.1M | $1.5B | ||
| Q4 24 | $519.3M | $-576.8M | ||
| Q3 24 | $412.8M | — | ||
| Q2 24 | $371.4M | $-506.0M |
| Q1 26 | $580.6M | — | ||
| Q4 25 | $689.0M | $1.8B | ||
| Q3 25 | $640.5M | $1.8B | ||
| Q2 25 | $567.4M | $1.7B | ||
| Q1 25 | $564.7M | $1.8B | ||
| Q4 24 | $626.7M | $1.5B | ||
| Q3 24 | $523.3M | — | ||
| Q2 24 | $479.3M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.07× | ||
| Q3 25 | — | 0.07× | ||
| Q2 25 | — | 0.07× | ||
| Q1 25 | — | 0.07× | ||
| 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 | $43.8M |
| Free Cash FlowOCF − Capex | — | $42.2M |
| FCF MarginFCF / Revenue | — | 16.9% |
| Capex IntensityCapex / Revenue | — | 0.6% |
| Cash ConversionOCF / Net Profit | 0.81× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $34.3M | — | ||
| Q4 25 | $65.0M | $43.8M | ||
| Q3 25 | $86.0M | $40.3M | ||
| Q2 25 | $52.6M | $-14.6M | ||
| Q1 25 | $38.5M | — | ||
| Q4 24 | $36.6M | $15.5M | ||
| Q3 24 | $57.8M | — | ||
| Q2 24 | $50.9M | $-19.2M |
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | $42.2M | ||
| Q3 25 | $84.7M | $39.2M | ||
| Q2 25 | $52.4M | $-15.9M | ||
| Q1 25 | $38.2M | — | ||
| Q4 24 | $36.4M | $14.5M | ||
| Q3 24 | $57.4M | — | ||
| Q2 24 | $50.8M | $-19.9M |
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | 16.9% | ||
| Q3 25 | 34.0% | 16.2% | ||
| Q2 25 | 22.2% | -7.4% | ||
| Q1 25 | 17.6% | — | ||
| Q4 24 | 17.9% | 7.3% | ||
| Q3 24 | 27.9% | — | ||
| Q2 24 | 25.8% | -11.7% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 0.6% | ||
| Q3 25 | 0.5% | 0.5% | ||
| Q2 25 | 0.1% | 0.6% | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.1% | 0.5% | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.0% | 0.4% |
| 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
| Value Added Services | $201.4M | 77% |
| Subscription Services | $58.2M | 22% |
TTAN
| Subscription Revenue | $182.8M | 73% |
| Usage Revenue | $56.8M | 23% |
| Professional Services And Other Revenue | $9.6M | 4% |
