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Side-by-side financial comparison of APPFOLIO INC (APPF) and Xenia Hotels & Resorts, Inc. (XHR). Click either name above to swap in a different company.
Xenia Hotels & Resorts, Inc. is the larger business by last-quarter revenue ($295.4M vs $262.2M, roughly 1.1× APPFOLIO INC). APPFOLIO INC runs the higher net margin — 16.2% vs 6.7%, a 9.5% gap on every dollar of revenue. On growth, APPFOLIO INC posted the faster year-over-year revenue change (20.4% vs 2.2%). Over the past eight quarters, APPFOLIO INC's revenue compounded faster (15.3% CAGR vs 4.0%).
AppFolio, Inc. is an American company founded in 2006 that offers software-as-a-service (SaaS) applications and services to the real estate industry.
Xenia Hotels & Resorts, Inc. is a real estate investment trust that invests in hotels. As of December 31, 2024, it owned 31 hotels comprising 9,408 rooms.
APPF vs XHR — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $262.2M | $295.4M |
| Net Profit | $42.4M | $19.8M |
| Gross Margin | — | — |
| Operating Margin | 19.4% | 14.1% |
| Net Margin | 16.2% | 6.7% |
| Revenue YoY | 20.4% | 2.2% |
| Net Profit YoY | 35.2% | 26.9% |
| EPS (diluted) | $1.18 | $0.21 |
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 | $295.4M | ||
| Q4 25 | $248.2M | $265.6M | ||
| Q3 25 | $249.4M | $236.4M | ||
| Q2 25 | $235.6M | $287.6M | ||
| Q1 25 | $217.7M | $288.9M | ||
| Q4 24 | $203.7M | $261.8M | ||
| Q3 24 | $205.7M | $236.8M | ||
| Q2 24 | $197.4M | $272.9M |
| Q1 26 | $42.4M | $19.8M | ||
| Q4 25 | $39.9M | $6.1M | ||
| Q3 25 | $33.6M | $-13.7M | ||
| Q2 25 | $36.0M | $55.2M | ||
| Q1 25 | $31.4M | $15.6M | ||
| Q4 24 | $102.7M | $-638.0K | ||
| Q3 24 | $33.0M | $-7.1M | ||
| Q2 24 | $29.7M | $15.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | 30.4% | ||
| Q3 25 | — | 25.1% | ||
| Q2 25 | — | 33.6% | ||
| Q1 25 | — | 32.3% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | — | 25.8% | ||
| Q2 24 | — | 31.9% |
| Q1 26 | 19.4% | 14.1% | ||
| Q4 25 | 17.6% | 10.1% | ||
| Q3 25 | 14.1% | 2.0% | ||
| Q2 25 | 17.2% | 14.0% | ||
| Q1 25 | 15.5% | 12.4% | ||
| Q4 24 | 11.3% | 8.2% | ||
| Q3 24 | 20.7% | 3.2% | ||
| Q2 24 | 18.3% | 11.1% |
| Q1 26 | 16.2% | 6.7% | ||
| Q4 25 | 16.1% | 2.3% | ||
| Q3 25 | 13.5% | -5.8% | ||
| Q2 25 | 15.3% | 19.2% | ||
| Q1 25 | 14.4% | 5.4% | ||
| Q4 24 | 50.4% | -0.2% | ||
| Q3 24 | 16.0% | -3.0% | ||
| Q2 24 | 15.0% | 5.6% |
| Q1 26 | $1.18 | $0.21 | ||
| Q4 25 | $1.10 | $0.07 | ||
| Q3 25 | $0.93 | $-0.14 | ||
| Q2 25 | $0.99 | $0.56 | ||
| Q1 25 | $0.86 | $0.15 | ||
| Q4 24 | $2.79 | $-0.01 | ||
| Q3 24 | $0.90 | $-0.07 | ||
| Q2 24 | $0.81 | $0.15 |
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 | $101.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $470.2M | $1.2B |
| Total Assets | $580.6M | $2.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $147.4M | $101.1M | ||
| Q4 25 | $107.0M | $140.4M | ||
| Q3 25 | $76.1M | $188.2M | ||
| Q2 25 | $73.5M | $172.6M | ||
| Q1 25 | $56.9M | $112.6M | ||
| Q4 24 | $42.5M | $78.2M | ||
| Q3 24 | $62.4M | $161.5M | ||
| Q2 24 | $59.6M | $143.6M |
| Q1 26 | — | — | ||
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.4B |
| Q1 26 | $470.2M | $1.2B | ||
| Q4 25 | $542.6M | $1.1B | ||
| Q3 25 | $498.9M | $1.2B | ||
| Q2 25 | $455.6M | $1.2B | ||
| Q1 25 | $462.1M | $1.2B | ||
| Q4 24 | $519.3M | $1.2B | ||
| Q3 24 | $412.8M | $1.3B | ||
| Q2 24 | $371.4M | $1.3B |
| Q1 26 | $580.6M | $2.8B | ||
| Q4 25 | $689.0M | $2.8B | ||
| Q3 25 | $640.5M | $2.9B | ||
| Q2 25 | $567.4M | $2.9B | ||
| Q1 25 | $564.7M | $2.9B | ||
| Q4 24 | $626.7M | $2.8B | ||
| Q3 24 | $523.3M | $2.9B | ||
| Q2 24 | $479.3M | $2.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.25× | ||
| Q3 25 | — | 1.21× | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | — | 1.18× | ||
| Q4 24 | — | 1.07× | ||
| Q3 24 | — | 1.11× | ||
| Q2 24 | — | 1.09× |
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 | — | 23.7% |
| 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 | $21.4M | ||
| Q3 25 | $86.0M | $64.0M | ||
| Q2 25 | $52.6M | $36.3M | ||
| Q1 25 | $38.5M | $54.8M | ||
| Q4 24 | $36.6M | $30.6M | ||
| Q3 24 | $57.8M | $51.2M | ||
| Q2 24 | $50.9M | $57.2M |
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | $5.5M | ||
| Q3 25 | $84.7M | $44.2M | ||
| Q2 25 | $52.4M | $17.8M | ||
| Q1 25 | $38.2M | $22.4M | ||
| Q4 24 | $36.4M | $6.2M | ||
| Q3 24 | $57.4M | $4.3M | ||
| Q2 24 | $50.8M | $21.4M |
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | 2.1% | ||
| Q3 25 | 34.0% | 18.7% | ||
| Q2 25 | 22.2% | 6.2% | ||
| Q1 25 | 17.6% | 7.8% | ||
| Q4 24 | 17.9% | 2.4% | ||
| Q3 24 | 27.9% | 1.8% | ||
| Q2 24 | 25.8% | 7.8% |
| Q1 26 | — | 23.7% | ||
| Q4 25 | 0.5% | 6.0% | ||
| Q3 25 | 0.5% | 8.4% | ||
| Q2 25 | 0.1% | 6.4% | ||
| Q1 25 | 0.1% | 11.2% | ||
| Q4 24 | 0.1% | 9.3% | ||
| Q3 24 | 0.2% | 19.8% | ||
| Q2 24 | 0.0% | 13.1% |
| Q1 26 | 0.81× | — | ||
| Q4 25 | 1.63× | 3.52× | ||
| Q3 25 | 2.56× | — | ||
| Q2 25 | 1.46× | 0.66× | ||
| Q1 25 | 1.23× | 3.51× | ||
| Q4 24 | 0.36× | — | ||
| Q3 24 | 1.75× | — | ||
| Q2 24 | 1.71× | 3.73× |
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% |
XHR
| Rooms revenues | $164.4M | 56% |
| Food and beverage revenues | $105.0M | 36% |
| Other revenues | $26.0M | 9% |
