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APOGEE ENTERPRISES, INC.（APOG）与APPFOLIO INC（APPF）财务数据对比。点击上方公司名可切换其他公司
APOGEE ENTERPRISES, INC.的季度营收约是APPFOLIO INC的1.3倍（$351.4M vs $262.2M），APPFOLIO INC净利率更高（16.2% vs 4.7%，领先11.4%），APPFOLIO INC同比增速更快（20.4% vs 1.6%），过去两年APPFOLIO INC的营收复合增速更高（15.3% vs 2.9%）
Apogee Enterprises是一家美国音频设备制造商，主营音频接口、模数与数模转换器、USB及iOS麦克风，同时还开发音频制作相关软件，产品广泛服务于专业录音、音乐创作等音频领域，在全球音频行业拥有较高的认可度。
AppFolio Inc.是一家2006年成立的美国企业，专注服务房地产行业，为客户提供软件即服务（SaaS）类应用产品及相关配套服务，助力房地产相关经营主体优化管理流程、提升运营效率。
APOG vs APPF — 直观对比
营收规模更大
APOG
是对方的1.3倍
$262.2M
营收增速更快
APPF
高出18.8%
1.6%
净利率更高
APPF
高出11.4%
4.7%
两年增速更快
APPF
近两年复合增速
2.9%
损益表 — Q4 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $351.4M | $262.2M |
| 净利润 | $16.6M | $42.4M |
| 毛利率 | 22.4% | — |
| 营业利润率 | 7.3% | 19.4% |
| 净利率 | 4.7% | 16.2% |
| 营收同比 | 1.6% | 20.4% |
| 净利润同比 | 568.8% | 35.2% |
| 每股收益（稀释后） | $0.78 | $1.18 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收APOGAPPF
| Q1 26 | $351.4M | $262.2M | ||
| Q4 25 | $348.6M | $248.2M | ||
| Q3 25 | $358.2M | $249.4M | ||
| Q2 25 | $346.6M | $235.6M | ||
| Q1 25 | $345.7M | $217.7M | ||
| Q4 24 | $341.3M | $203.7M | ||
| Q3 24 | $342.4M | $205.7M | ||
| Q2 24 | $331.5M | $197.4M |
净利润APOGAPPF
| Q1 26 | $16.6M | $42.4M | ||
| Q4 25 | $16.5M | $39.9M | ||
| Q3 25 | $23.6M | $33.6M | ||
| Q2 25 | $-2.7M | $36.0M | ||
| Q1 25 | $2.5M | $31.4M | ||
| Q4 24 | $21.0M | $102.7M | ||
| Q3 24 | $30.6M | $33.0M | ||
| Q2 24 | $31.0M | $29.7M |
毛利率APOGAPPF
| Q1 26 | 22.4% | — | ||
| Q4 25 | 23.8% | — | ||
| Q3 25 | 23.1% | — | ||
| Q2 25 | 21.7% | — | ||
| Q1 25 | 21.6% | — | ||
| Q4 24 | 26.1% | — | ||
| Q3 24 | 28.4% | — | ||
| Q2 24 | 29.8% | — |
营业利润率APOGAPPF
| Q1 26 | 7.3% | 19.4% | ||
| Q4 25 | 7.1% | 17.6% | ||
| Q3 25 | 7.5% | 14.1% | ||
| Q2 25 | 2.0% | 17.2% | ||
| Q1 25 | 1.8% | 15.5% | ||
| Q4 24 | 8.4% | 11.3% | ||
| Q3 24 | 12.3% | 20.7% | ||
| Q2 24 | 12.5% | 18.3% |
净利率APOGAPPF
| Q1 26 | 4.7% | 16.2% | ||
| Q4 25 | 4.7% | 16.1% | ||
| Q3 25 | 6.6% | 13.5% | ||
| Q2 25 | -0.8% | 15.3% | ||
| Q1 25 | 0.7% | 14.4% | ||
| Q4 24 | 6.1% | 50.4% | ||
| Q3 24 | 8.9% | 16.0% | ||
| Q2 24 | 9.4% | 15.0% |
每股收益（稀释后）APOGAPPF
| Q1 26 | $0.78 | $1.18 | ||
| Q4 25 | $0.77 | $1.10 | ||
| Q3 25 | $1.10 | $0.93 | ||
| Q2 25 | $-0.13 | $0.99 | ||
| Q1 25 | $0.12 | $0.86 | ||
| Q4 24 | $0.96 | $2.79 | ||
| Q3 24 | $1.40 | $0.90 | ||
| Q2 24 | $1.41 | $0.81 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $39.5M | $147.4M |
| 总债务越低越好 | $232.3M | — |
| 股东权益账面价值 | $511.8M | $470.2M |
| 总资产 | $1.1B | $580.6M |
| 负债/权益比越低杠杆越低 | 0.45× | — |
8季度趋势，按日历期对齐
现金及短期投资APOGAPPF
| Q1 26 | $39.5M | $147.4M | ||
| Q4 25 | $41.3M | $107.0M | ||
| Q3 25 | $39.5M | $76.1M | ||
| Q2 25 | $32.8M | $73.5M | ||
| Q1 25 | $41.4M | $56.9M | ||
| Q4 24 | $43.9M | $42.5M | ||
| Q3 24 | $51.0M | $62.4M | ||
| Q2 24 | $30.4M | $59.6M |
总债务APOGAPPF
| Q1 26 | $232.3M | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $285.0M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益APOGAPPF
| Q1 26 | $511.8M | $470.2M | ||
| Q4 25 | $512.3M | $542.6M | ||
| Q3 25 | $500.2M | $498.9M | ||
| Q2 25 | $481.8M | $455.6M | ||
| Q1 25 | $487.9M | $462.1M | ||
| Q4 24 | $522.1M | $519.3M | ||
| Q3 24 | $506.4M | $412.8M | ||
| Q2 24 | $480.0M | $371.4M |
总资产APOGAPPF
| Q1 26 | $1.1B | $580.6M | ||
| Q4 25 | $1.1B | $689.0M | ||
| Q3 25 | $1.2B | $640.5M | ||
| Q2 25 | $1.2B | $567.4M | ||
| Q1 25 | $1.2B | $564.7M | ||
| Q4 24 | $1.2B | $626.7M | ||
| Q3 24 | $917.1M | $523.3M | ||
| Q2 24 | $889.0M | $479.3M |
负债/权益比APOGAPPF
| Q1 26 | 0.45× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 0.58× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $122.5M | $34.3M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | 7.8% | — |
| 现金转化率经营现金流/净利润 | 7.37× | 0.81× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流APOGAPPF
| Q1 26 | $122.5M | $34.3M | ||
| Q4 25 | $29.3M | $65.0M | ||
| Q3 25 | $57.1M | $86.0M | ||
| Q2 25 | $-19.8M | $52.6M | ||
| Q1 25 | $30.0M | $38.5M | ||
| Q4 24 | $31.0M | $36.6M | ||
| Q3 24 | $58.7M | $57.8M | ||
| Q2 24 | $5.5M | $50.9M |
自由现金流APOGAPPF
| Q1 26 | — | — | ||
| Q4 25 | $22.9M | $63.7M | ||
| Q3 25 | $52.4M | $84.7M | ||
| Q2 25 | $-26.9M | $52.4M | ||
| Q1 25 | $19.1M | $38.2M | ||
| Q4 24 | $22.0M | $36.4M | ||
| Q3 24 | $50.2M | $57.4M | ||
| Q2 24 | $-1.8M | $50.8M |
自由现金流率APOGAPPF
| Q1 26 | — | — | ||
| Q4 25 | 6.6% | 25.7% | ||
| Q3 25 | 14.6% | 34.0% | ||
| Q2 25 | -7.8% | 22.2% | ||
| Q1 25 | 5.5% | 17.6% | ||
| Q4 24 | 6.4% | 17.9% | ||
| Q3 24 | 14.7% | 27.9% | ||
| Q2 24 | -0.5% | 25.8% |
资本支出强度APOGAPPF
| Q1 26 | 7.8% | — | ||
| Q4 25 | 1.9% | 0.5% | ||
| Q3 25 | 1.3% | 0.5% | ||
| Q2 25 | 2.1% | 0.1% | ||
| Q1 25 | 3.2% | 0.1% | ||
| Q4 24 | 2.6% | 0.1% | ||
| Q3 24 | 2.5% | 0.2% | ||
| Q2 24 | 2.2% | 0.0% |
现金转化率APOGAPPF
| Q1 26 | 7.37× | 0.81× | ||
| Q4 25 | 1.77× | 1.63× | ||
| Q3 25 | 2.41× | 2.56× | ||
| Q2 25 | — | 1.46× | ||
| Q1 25 | 12.08× | 1.23× | ||
| Q4 24 | 1.48× | 0.36× | ||
| Q3 24 | 1.92× | 1.75× | ||
| Q2 24 | 0.18× | 1.71× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
APOG
| Architectural Services | $127.1M | 36% |
| Architectural Metals | $110.0M | 31% |
| Architectural Glass | $67.4M | 19% |
| Performance Surfaces | $54.3M | 15% |
APPF
| Value Added Services | $201.4M | 77% |
| Subscription Services | $58.2M | 22% |
