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APPFOLIO INC（APPF）与LifeStance Health Group, Inc.（LFST）财务数据对比。点击上方公司名可切换其他公司
LifeStance Health Group, Inc.的季度营收约是APPFOLIO INC的1.5倍（$382.2M vs $262.2M），APPFOLIO INC净利率更高（16.2% vs 3.1%，领先13.1%），APPFOLIO INC同比增速更快（20.4% vs 17.4%），过去两年APPFOLIO INC的营收复合增速更高（15.3% vs 12.8%）
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。
LifeStance Health Group是美国的门诊行为健康服务提供商，支持线下面诊与远程诊疗两种服务模式，业务涵盖心理咨询、精神科诊疗、经颅磁刺激（TMS）以及氯胺酮治疗等。该公司曾多次因劳动违规、客户信息泄露及误导投资者相关问题遭遇诉讼。
APPF vs LFST — 直观对比
营收规模更大
LFST
是对方的1.5倍
$262.2M
营收增速更快
APPF
高出3.0%
17.4%
净利率更高
APPF
高出13.1%
3.1%
两年增速更快
APPF
近两年复合增速
12.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $262.2M | $382.2M |
| 净利润 | $42.4M | $11.7M |
| 毛利率 | — | — |
| 营业利润率 | 19.4% | 4.7% |
| 净利率 | 16.2% | 3.1% |
| 营收同比 | 20.4% | 17.4% |
| 净利润同比 | 35.2% | 264.1% |
| 每股收益（稀释后） | $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APPFLFST
| Q1 26 | $262.2M | — | ||
| Q4 25 | $248.2M | $382.2M | ||
| Q3 25 | $249.4M | $363.8M | ||
| Q2 25 | $235.6M | $345.3M | ||
| Q1 25 | $217.7M | $333.0M | ||
| Q4 24 | $203.7M | $325.5M | ||
| Q3 24 | $205.7M | $312.7M | ||
| Q2 24 | $197.4M | $312.3M |
净利润APPFLFST
| Q1 26 | $42.4M | — | ||
| Q4 25 | $39.9M | $11.7M | ||
| Q3 25 | $33.6M | $1.1M | ||
| Q2 25 | $36.0M | $-3.8M | ||
| Q1 25 | $31.4M | $709.0K | ||
| Q4 24 | $102.7M | $-7.1M | ||
| Q3 24 | $33.0M | $-6.0M | ||
| Q2 24 | $29.7M | $-23.3M |
营业利润率APPFLFST
| Q1 26 | 19.4% | — | ||
| Q4 25 | 17.6% | 4.7% | ||
| Q3 25 | 14.1% | 2.0% | ||
| Q2 25 | 17.2% | -0.9% | ||
| Q1 25 | 15.5% | 0.5% | ||
| Q4 24 | 11.3% | 0.3% | ||
| Q3 24 | 20.7% | 0.0% | ||
| Q2 24 | 18.3% | -5.1% |
净利率APPFLFST
| Q1 26 | 16.2% | — | ||
| Q4 25 | 16.1% | 3.1% | ||
| Q3 25 | 13.5% | 0.3% | ||
| Q2 25 | 15.3% | -1.1% | ||
| Q1 25 | 14.4% | 0.2% | ||
| Q4 24 | 50.4% | -2.2% | ||
| Q3 24 | 16.0% | -1.9% | ||
| Q2 24 | 15.0% | -7.5% |
每股收益（稀释后）APPFLFST
| Q1 26 | $1.18 | — | ||
| Q4 25 | $1.10 | — | ||
| Q3 25 | $0.93 | — | ||
| Q2 25 | $0.99 | — | ||
| Q1 25 | $0.86 | — | ||
| Q4 24 | $2.79 | — | ||
| Q3 24 | $0.90 | — | ||
| Q2 24 | $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 | $147.4M | $248.6M |
| 总债务越低越好 | — | $282.8M |
| 股东权益账面价值 | $470.2M | $1.5B |
| 总资产 | $580.6M | $2.2B |
| 负债/权益比越低杠杆越低 | — | 0.19× |
8季度趋势，按日历期对齐
现金及短期投资APPFLFST
| Q1 26 | $147.4M | — | ||
| Q4 25 | $107.0M | $248.6M | ||
| Q3 25 | $76.1M | $203.9M | ||
| Q2 25 | $73.5M | $188.9M | ||
| Q1 25 | $56.9M | $134.3M | ||
| Q4 24 | $42.5M | $154.6M | ||
| Q3 24 | $62.4M | $102.6M | ||
| Q2 24 | $59.6M | $87.0M |
总债务APPFLFST
| Q1 26 | — | — | ||
| Q4 25 | — | $282.8M | ||
| Q3 25 | — | $284.6M | ||
| Q2 25 | — | $286.4M | ||
| Q1 25 | — | $288.2M | ||
| Q4 24 | — | $290.0M | ||
| Q3 24 | — | $287.3M | ||
| Q2 24 | — | $288.0M |
股东权益APPFLFST
| 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 | $1.4B | ||
| Q3 24 | $412.8M | $1.4B | ||
| Q2 24 | $371.4M | $1.4B |
总资产APPFLFST
| Q1 26 | $580.6M | — | ||
| Q4 25 | $689.0M | $2.2B | ||
| Q3 25 | $640.5M | $2.1B | ||
| Q2 25 | $567.4M | $2.1B | ||
| Q1 25 | $564.7M | $2.1B | ||
| Q4 24 | $626.7M | $2.1B | ||
| Q3 24 | $523.3M | $2.1B | ||
| Q2 24 | $479.3M | $2.1B |
负债/权益比APPFLFST
| Q1 26 | — | — | ||
| Q4 25 | — | 0.19× | ||
| Q3 25 | — | 0.19× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.20× | ||
| Q4 24 | — | 0.20× | ||
| Q3 24 | — | 0.20× | ||
| Q2 24 | — | 0.20× |
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 | $57.6M |
| 自由现金流经营现金流 - 资本支出 | — | $46.6M |
| 自由现金流率自由现金流/营收 | — | 12.2% |
| 资本支出强度资本支出/营收 | — | 2.9% |
| 现金转化率经营现金流/净利润 | 0.81× | 4.93× |
| 过去12个月自由现金流最近4个季度 | — | $110.0M |
8季度趋势，按日历期对齐
经营现金流APPFLFST
| Q1 26 | $34.3M | — | ||
| Q4 25 | $65.0M | $57.6M | ||
| Q3 25 | $86.0M | $27.3M | ||
| Q2 25 | $52.6M | $64.4M | ||
| Q1 25 | $38.5M | $-3.1M | ||
| Q4 24 | $36.6M | $62.3M | ||
| Q3 24 | $57.8M | $22.7M | ||
| Q2 24 | $50.9M | $44.1M |
自由现金流APPFLFST
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | $46.6M | ||
| Q3 25 | $84.7M | $17.0M | ||
| Q2 25 | $52.4M | $56.6M | ||
| Q1 25 | $38.2M | $-10.3M | ||
| Q4 24 | $36.4M | $56.0M | ||
| Q3 24 | $57.4M | $17.7M | ||
| Q2 24 | $50.8M | $39.0M |
自由现金流率APPFLFST
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | 12.2% | ||
| Q3 25 | 34.0% | 4.7% | ||
| Q2 25 | 22.2% | 16.4% | ||
| Q1 25 | 17.6% | -3.1% | ||
| Q4 24 | 17.9% | 17.2% | ||
| Q3 24 | 27.9% | 5.7% | ||
| Q2 24 | 25.8% | 12.5% |
资本支出强度APPFLFST
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 2.9% | ||
| Q3 25 | 0.5% | 2.8% | ||
| Q2 25 | 0.1% | 2.2% | ||
| Q1 25 | 0.1% | 2.2% | ||
| Q4 24 | 0.1% | 1.9% | ||
| Q3 24 | 0.2% | 1.6% | ||
| Q2 24 | 0.0% | 1.6% |
现金转化率APPFLFST
| Q1 26 | 0.81× | — | ||
| Q4 25 | 1.63× | 4.93× | ||
| Q3 25 | 2.56× | 25.34× | ||
| Q2 25 | 1.46× | — | ||
| Q1 25 | 1.23× | -4.36× | ||
| Q4 24 | 0.36× | — | ||
| Q3 24 | 1.75× | — | ||
| 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 | $201.4M | 77% |
| Subscription Services | $58.2M | 22% |
LFST
暂无分部数据
