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APPFOLIO INC（APPF）与Gitlab Inc.（GTLB）财务数据对比。点击上方公司名可切换其他公司
APPFOLIO INC的季度营收约是Gitlab Inc.的1.1倍（$262.2M vs $244.4M），APPFOLIO INC净利率更高（16.2% vs -3.4%，领先19.6%），Gitlab Inc.同比增速更快（24.6% vs 20.4%），过去两年Gitlab Inc.的营收复合增速更高（22.1% vs 15.3%）
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。
GitLab Inc.是一家美国企业，开发并运营同名开放核心架构DevOps软件平台，覆盖软件开发、安全防护、运维运营全流程。产品基于Git分布式版本控制技术搭建，还为各项目提供访问控制、缺陷追踪、需求管理、任务调度、项目知识库、代码片段分享等全栈协作功能。
APPF vs GTLB — 直观对比
营收规模更大
APPF
是对方的1.1倍
$244.4M
营收增速更快
GTLB
高出4.2%
20.4%
净利率更高
APPF
高出19.6%
-3.4%
两年增速更快
GTLB
近两年复合增速
15.3%
损益表 — Q1 FY2026 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $262.2M | $244.4M |
| 净利润 | $42.4M | $-8.3M |
| 毛利率 | — | 86.8% |
| 营业利润率 | 19.4% | -5.1% |
| 净利率 | 16.2% | -3.4% |
| 营收同比 | 20.4% | 24.6% |
| 净利润同比 | 35.2% | -128.0% |
| 每股收益（稀释后） | $1.18 | $-0.05 |
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APPFGTLB
| Q1 26 | $262.2M | — | ||
| Q4 25 | $248.2M | $244.4M | ||
| Q3 25 | $249.4M | $236.0M | ||
| Q2 25 | $235.6M | $214.5M | ||
| Q1 25 | $217.7M | $211.4M | ||
| Q4 24 | $203.7M | $196.0M | ||
| Q3 24 | $205.7M | $182.6M | ||
| Q2 24 | $197.4M | $169.2M |
净利润APPFGTLB
| Q1 26 | $42.4M | — | ||
| Q4 25 | $39.9M | $-8.3M | ||
| Q3 25 | $33.6M | $-9.2M | ||
| Q2 25 | $36.0M | $-35.9M | ||
| Q1 25 | $31.4M | $5.8M | ||
| Q4 24 | $102.7M | $29.6M | ||
| Q3 24 | $33.0M | $12.9M | ||
| Q2 24 | $29.7M | $-54.6M |
毛利率APPFGTLB
| Q1 26 | — | — | ||
| Q4 25 | — | 86.8% | ||
| Q3 25 | — | 87.9% | ||
| Q2 25 | — | 88.3% | ||
| Q1 25 | — | 89.2% | ||
| Q4 24 | — | 88.7% | ||
| Q3 24 | — | 88.3% | ||
| Q2 24 | — | 88.9% |
营业利润率APPFGTLB
| Q1 26 | 19.4% | — | ||
| Q4 25 | 17.6% | -5.1% | ||
| Q3 25 | 14.1% | -7.8% | ||
| Q2 25 | 17.2% | -16.1% | ||
| Q1 25 | 15.5% | -9.1% | ||
| Q4 24 | 11.3% | -14.7% | ||
| Q3 24 | 20.7% | -22.5% | ||
| Q2 24 | 18.3% | -31.7% |
净利率APPFGTLB
| Q1 26 | 16.2% | — | ||
| Q4 25 | 16.1% | -3.4% | ||
| Q3 25 | 13.5% | -3.9% | ||
| Q2 25 | 15.3% | -16.7% | ||
| Q1 25 | 14.4% | 2.7% | ||
| Q4 24 | 50.4% | 15.1% | ||
| Q3 24 | 16.0% | 7.1% | ||
| Q2 24 | 15.0% | -32.3% |
每股收益（稀释后）APPFGTLB
| Q1 26 | $1.18 | — | ||
| Q4 25 | $1.10 | $-0.05 | ||
| Q3 25 | $0.93 | $-0.06 | ||
| Q2 25 | $0.99 | $-0.22 | ||
| Q1 25 | $0.86 | $0.05 | ||
| Q4 24 | $2.79 | $0.18 | ||
| Q3 24 | $0.90 | $0.08 | ||
| Q2 24 | $0.81 | $-0.35 |
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 | $147.4M | $224.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $470.2M | $922.7M |
| 总资产 | $580.6M | $1.6B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资APPFGTLB
| Q1 26 | $147.4M | — | ||
| Q4 25 | $107.0M | $224.2M | ||
| Q3 25 | $76.1M | $261.4M | ||
| Q2 25 | $73.5M | $255.7M | ||
| Q1 25 | $56.9M | $227.6M | ||
| Q4 24 | $42.5M | $176.6M | ||
| Q3 24 | $62.4M | $438.6M | ||
| Q2 24 | $59.6M | $420.3M |
股东权益APPFGTLB
| Q1 26 | $470.2M | — | ||
| Q4 25 | $542.6M | $922.7M | ||
| Q3 25 | $498.9M | $866.6M | ||
| Q2 25 | $455.6M | $808.3M | ||
| Q1 25 | $462.1M | $775.9M | ||
| Q4 24 | $519.3M | $724.7M | ||
| Q3 24 | $412.8M | $642.8M | ||
| Q2 24 | $371.4M | $567.8M |
总资产APPFGTLB
| Q1 26 | $580.6M | — | ||
| Q4 25 | $689.0M | $1.6B | ||
| Q3 25 | $640.5M | $1.5B | ||
| Q2 25 | $567.4M | $1.4B | ||
| Q1 25 | $564.7M | $1.4B | ||
| Q4 24 | $626.7M | $1.3B | ||
| Q3 24 | $523.3M | $1.4B | ||
| Q2 24 | $479.3M | $1.3B |
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 | $34.3M | $31.4M |
| 自由现金流经营现金流 - 资本支出 | — | $28.4M |
| 自由现金流率自由现金流/营收 | — | 11.6% |
| 资本支出强度资本支出/营收 | — | 1.2% |
| 现金转化率经营现金流/净利润 | 0.81× | — |
| 过去12个月自由现金流最近4个季度 | — | $242.3M |
8季度趋势，按日历期对齐
经营现金流APPFGTLB
| Q1 26 | $34.3M | — | ||
| Q4 25 | $65.0M | $31.4M | ||
| Q3 25 | $86.0M | $49.4M | ||
| Q2 25 | $52.6M | $106.3M | ||
| Q1 25 | $38.5M | $63.2M | ||
| Q4 24 | $36.6M | $-177.0M | ||
| Q3 24 | $57.8M | $11.7M | ||
| Q2 24 | $50.9M | $38.1M |
自由现金流APPFGTLB
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | $28.4M | ||
| Q3 25 | $84.7M | $46.5M | ||
| Q2 25 | $52.4M | $105.4M | ||
| Q1 25 | $38.2M | $62.1M | ||
| Q4 24 | $36.4M | $-178.1M | ||
| Q3 24 | $57.4M | $10.8M | ||
| Q2 24 | $50.8M | $37.4M |
自由现金流率APPFGTLB
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | 11.6% | ||
| Q3 25 | 34.0% | 19.7% | ||
| Q2 25 | 22.2% | 49.1% | ||
| Q1 25 | 17.6% | 29.4% | ||
| Q4 24 | 17.9% | -90.8% | ||
| Q3 24 | 27.9% | 5.9% | ||
| Q2 24 | 25.8% | 22.1% |
资本支出强度APPFGTLB
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 1.2% | ||
| Q3 25 | 0.5% | 1.2% | ||
| Q2 25 | 0.1% | 0.4% | ||
| Q1 25 | 0.1% | 0.5% | ||
| Q4 24 | 0.1% | 0.5% | ||
| Q3 24 | 0.2% | 0.5% | ||
| Q2 24 | 0.0% | 0.4% |
现金转化率APPFGTLB
| Q1 26 | 0.81× | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 2.56× | — | ||
| Q2 25 | 1.46× | — | ||
| Q1 25 | 1.23× | 10.89× | ||
| Q4 24 | 0.36× | -5.99× | ||
| Q3 24 | 1.75× | 0.90× | ||
| Q2 24 | 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
APPF
| Value Added Services | $164.7M | 63% |
| Subscription Services | $58.2M | 22% |
| Other | $39.3M | 15% |
GTLB
| Subscription And Circulation | $146.4M | 60% |
| Subscription Software As A Service | $76.9M | 31% |
| License | $15.5M | 6% |
| Professional Services And Other | $5.6M | 2% |
