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Side-by-side financial comparison of APPFOLIO INC (APPF) and WESBANCO INC (WSBC). Click either name above to swap in a different company.
APPFOLIO INC is the larger business by last-quarter revenue ($262.2M vs $257.2M, roughly 1.0× WESBANCO INC). WESBANCO INC runs the higher net margin — 34.5% vs 16.2%, a 18.3% gap on every dollar of revenue. Over the past eight quarters, WESBANCO INC's revenue compounded faster (31.9% 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.
WesBanco, Inc., is a bank holding company headquartered in Wheeling, West Virginia, United States. It has over 200 branches in West Virginia, Ohio, Western Pennsylvania, Kentucky, Maryland, and Southern Indiana.
APPF vs WSBC — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $262.2M | $257.2M |
| Net Profit | $42.4M | $88.6M |
| Gross Margin | — | — |
| Operating Margin | 19.4% | — |
| Net Margin | 16.2% | 34.5% |
| Revenue YoY | 20.4% | — |
| Net Profit YoY | 35.2% | 54.4% |
| EPS (diluted) | $1.18 | $0.88 |
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 | $257.2M | ||
| Q4 25 | $248.2M | $265.6M | ||
| Q3 25 | $249.4M | $261.6M | ||
| Q2 25 | $235.6M | $260.7M | ||
| Q1 25 | $217.7M | $193.2M | ||
| Q4 24 | $203.7M | $162.9M | ||
| Q3 24 | $205.7M | $150.8M | ||
| Q2 24 | $197.4M | $147.9M |
| Q1 26 | $42.4M | $88.6M | ||
| Q4 25 | $39.9M | $91.1M | ||
| Q3 25 | $33.6M | $83.6M | ||
| Q2 25 | $36.0M | $57.4M | ||
| Q1 25 | $31.4M | $-9.0M | ||
| Q4 24 | $102.7M | $49.6M | ||
| Q3 24 | $33.0M | $37.3M | ||
| Q2 24 | $29.7M | $28.9M |
| Q1 26 | 19.4% | — | ||
| Q4 25 | 17.6% | 43.2% | ||
| Q3 25 | 14.1% | 39.5% | ||
| Q2 25 | 17.2% | 27.2% | ||
| Q1 25 | 15.5% | -5.0% | ||
| Q4 24 | 11.3% | 38.0% | ||
| Q3 24 | 20.7% | 29.7% | ||
| Q2 24 | 18.3% | 23.7% |
| Q1 26 | 16.2% | 34.5% | ||
| Q4 25 | 16.1% | 34.3% | ||
| Q3 25 | 13.5% | 31.9% | ||
| Q2 25 | 15.3% | 22.0% | ||
| Q1 25 | 14.4% | -4.7% | ||
| Q4 24 | 50.4% | 30.5% | ||
| Q3 24 | 16.0% | 24.7% | ||
| Q2 24 | 15.0% | 19.5% |
| Q1 26 | $1.18 | $0.88 | ||
| Q4 25 | $1.10 | $0.97 | ||
| Q3 25 | $0.93 | $0.84 | ||
| Q2 25 | $0.99 | $0.57 | ||
| Q1 25 | $0.86 | $-0.15 | ||
| Q4 24 | $2.79 | $0.72 | ||
| Q3 24 | $0.90 | $0.54 | ||
| Q2 24 | $0.81 | $0.44 |
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 | — | — |
| Stockholders' EquityBook value | $470.2M | $4.1B |
| Total Assets | $580.6M | $27.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $147.4M | — | ||
| Q4 25 | $107.0M | $956.1M | ||
| Q3 25 | $76.1M | $1.0B | ||
| Q2 25 | $73.5M | $1.2B | ||
| Q1 25 | $56.9M | $1.1B | ||
| Q4 24 | $42.5M | $568.1M | ||
| Q3 24 | $62.4M | $620.9M | ||
| Q2 24 | $59.6M | $486.8M |
| Q1 26 | $470.2M | $4.1B | ||
| Q4 25 | $542.6M | $4.0B | ||
| Q3 25 | $498.9M | $4.1B | ||
| Q2 25 | $455.6M | $3.8B | ||
| Q1 25 | $462.1M | $3.8B | ||
| Q4 24 | $519.3M | $2.8B | ||
| Q3 24 | $412.8M | $2.8B | ||
| Q2 24 | $371.4M | $2.5B |
| Q1 26 | $580.6M | $27.5B | ||
| Q4 25 | $689.0M | $27.7B | ||
| Q3 25 | $640.5M | $27.5B | ||
| Q2 25 | $567.4M | $27.6B | ||
| Q1 25 | $564.7M | $27.4B | ||
| Q4 24 | $626.7M | $18.7B | ||
| Q3 24 | $523.3M | $18.5B | ||
| Q2 24 | $479.3M | $18.1B |
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 | — |
| 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.
| Q1 26 | $34.3M | — | ||
| Q4 25 | $65.0M | $290.4M | ||
| Q3 25 | $86.0M | $116.9M | ||
| Q2 25 | $52.6M | $105.0M | ||
| Q1 25 | $38.5M | $-26.4M | ||
| Q4 24 | $36.6M | $211.0M | ||
| Q3 24 | $57.8M | $60.7M | ||
| Q2 24 | $50.9M | $18.2M |
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | $280.0M | ||
| Q3 25 | $84.7M | $114.9M | ||
| Q2 25 | $52.4M | $98.3M | ||
| Q1 25 | $38.2M | $-30.7M | ||
| Q4 24 | $36.4M | $200.7M | ||
| Q3 24 | $57.4M | $56.9M | ||
| Q2 24 | $50.8M | $17.3M |
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | 105.4% | ||
| Q3 25 | 34.0% | 43.9% | ||
| Q2 25 | 22.2% | 37.7% | ||
| Q1 25 | 17.6% | -15.9% | ||
| Q4 24 | 17.9% | 123.2% | ||
| Q3 24 | 27.9% | 37.7% | ||
| Q2 24 | 25.8% | 11.7% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 3.9% | ||
| Q3 25 | 0.5% | 0.8% | ||
| Q2 25 | 0.1% | 2.6% | ||
| Q1 25 | 0.1% | 2.2% | ||
| Q4 24 | 0.1% | 6.3% | ||
| Q3 24 | 0.2% | 2.5% | ||
| Q2 24 | 0.0% | 0.6% |
| Q1 26 | 0.81× | — | ||
| Q4 25 | 1.63× | 3.19× | ||
| Q3 25 | 2.56× | 1.40× | ||
| Q2 25 | 1.46× | 1.83× | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 0.36× | 4.25× | ||
| Q3 24 | 1.75× | 1.63× | ||
| Q2 24 | 1.71× | 0.63× |
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% |
WSBC
| Net Interest Income | $215.4M | 84% |
| Noninterest Income | $41.8M | 16% |
