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APPFOLIO INC（APPF）与迈心诺（MASI）财务数据对比。点击上方公司名可切换其他公司
迈心诺的季度营收约是APPFOLIO INC的1.4倍（$371.5M vs $262.2M），APPFOLIO INC净利率更高（16.2% vs -27.0%，领先43.2%），APPFOLIO INC同比增速更快（20.4% vs -26.4%），过去两年APPFOLIO INC的营收复合增速更高（15.3% vs -17.7%）
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。
迈心诺（Masimo Corporation）是总部位于美国加利福尼亚州尔湾的健康科技及消费电子企业，核心产品包括面向医院及家用场景的患者监护设备、无创传感器及配套软件平台，同时也布局了消费级音频和可穿戴设备赛道。
APPF vs MASI — 直观对比
营收规模更大
MASI
是对方的1.4倍
$262.2M
营收增速更快
APPF
高出46.8%
-26.4%
净利率更高
APPF
高出43.2%
-27.0%
两年增速更快
APPF
近两年复合增速
-17.7%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $262.2M | $371.5M |
| 净利润 | $42.4M | $-100.4M |
| 毛利率 | — | 62.1% |
| 营业利润率 | 19.4% | 22.5% |
| 净利率 | 16.2% | -27.0% |
| 营收同比 | 20.4% | -26.4% |
| 净利润同比 | 35.2% | -1124.5% |
| 每股收益（稀释后） | $1.18 | $-1.84 |
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APPFMASI
| Q1 26 | $262.2M | — | ||
| Q4 25 | $248.2M | — | ||
| Q3 25 | $249.4M | $371.5M | ||
| Q2 25 | $235.6M | $370.9M | ||
| Q1 25 | $217.7M | $372.0M | ||
| Q4 24 | $203.7M | $600.7M | ||
| Q3 24 | $205.7M | $504.6M | ||
| Q2 24 | $197.4M | $496.3M |
净利润APPFMASI
| Q1 26 | $42.4M | — | ||
| Q4 25 | $39.9M | — | ||
| Q3 25 | $33.6M | $-100.4M | ||
| Q2 25 | $36.0M | $51.3M | ||
| Q1 25 | $31.4M | $-170.7M | ||
| Q4 24 | $102.7M | $-349.6M | ||
| Q3 24 | $33.0M | $9.8M | ||
| Q2 24 | $29.7M | $16.0M |
毛利率APPFMASI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 62.1% | ||
| Q2 25 | — | 62.9% | ||
| Q1 25 | — | 62.9% | ||
| Q4 24 | — | 40.7% | ||
| Q3 24 | — | 52.2% | ||
| Q2 24 | — | 51.3% |
营业利润率APPFMASI
| Q1 26 | 19.4% | — | ||
| Q4 25 | 17.6% | — | ||
| Q3 25 | 14.1% | 22.5% | ||
| Q2 25 | 17.2% | 17.4% | ||
| Q1 25 | 15.5% | 21.0% | ||
| Q4 24 | 11.3% | -59.8% | ||
| Q3 24 | 20.7% | 6.0% | ||
| Q2 24 | 18.3% | 5.7% |
净利率APPFMASI
| Q1 26 | 16.2% | — | ||
| Q4 25 | 16.1% | — | ||
| Q3 25 | 13.5% | -27.0% | ||
| Q2 25 | 15.3% | 13.8% | ||
| Q1 25 | 14.4% | -45.9% | ||
| Q4 24 | 50.4% | -58.2% | ||
| Q3 24 | 16.0% | 1.9% | ||
| Q2 24 | 15.0% | 3.2% |
每股收益（稀释后）APPFMASI
| Q1 26 | $1.18 | — | ||
| Q4 25 | $1.10 | — | ||
| Q3 25 | $0.93 | $-1.84 | ||
| Q2 25 | $0.99 | $0.94 | ||
| Q1 25 | $0.86 | $-3.12 | ||
| Q4 24 | $2.79 | $-6.54 | ||
| Q3 24 | $0.90 | $0.18 | ||
| Q2 24 | $0.81 | $0.29 |
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 | $312.3M |
| 总债务越低越好 | — | $559.1M |
| 股东权益账面价值 | $470.2M | $810.0M |
| 总资产 | $580.6M | $1.8B |
| 负债/权益比越低杠杆越低 | — | 0.69× |
8季度趋势，按日历期对齐
现金及短期投资APPFMASI
| Q1 26 | $147.4M | — | ||
| Q4 25 | $107.0M | — | ||
| Q3 25 | $76.1M | $312.3M | ||
| Q2 25 | $73.5M | $149.6M | ||
| Q1 25 | $56.9M | $130.8M | ||
| Q4 24 | $42.5M | $177.6M | ||
| Q3 24 | $62.4M | $158.5M | ||
| Q2 24 | $59.6M | $129.6M |
总债务APPFMASI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | $559.1M | ||
| Q2 25 | — | $613.7M | ||
| Q1 25 | — | $651.0M | ||
| Q4 24 | — | $765.2M | ||
| Q3 24 | — | $772.6M | ||
| Q2 24 | — | $781.6M |
股东权益APPFMASI
| Q1 26 | $470.2M | — | ||
| Q4 25 | $542.6M | — | ||
| Q3 25 | $498.9M | $810.0M | ||
| Q2 25 | $455.6M | $1.0B | ||
| Q1 25 | $462.1M | $946.4M | ||
| Q4 24 | $519.3M | $1.1B | ||
| Q3 24 | $412.8M | $1.5B | ||
| Q2 24 | $371.4M | $1.4B |
总资产APPFMASI
| Q1 26 | $580.6M | — | ||
| Q4 25 | $689.0M | — | ||
| Q3 25 | $640.5M | $1.8B | ||
| Q2 25 | $567.4M | $2.4B | ||
| Q1 25 | $564.7M | $2.3B | ||
| Q4 24 | $626.7M | $2.6B | ||
| Q3 24 | $523.3M | $3.1B | ||
| Q2 24 | $479.3M | $2.9B |
负债/权益比APPFMASI
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.69× | ||
| Q2 25 | — | 0.59× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.73× | ||
| Q3 24 | — | 0.53× | ||
| Q2 24 | — | 0.57× |
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 | $56.8M |
| 自由现金流经营现金流 - 资本支出 | — | $50.9M |
| 自由现金流率自由现金流/营收 | — | 13.7% |
| 资本支出强度资本支出/营收 | — | 1.6% |
| 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 | — | $191.0M |
8季度趋势，按日历期对齐
经营现金流APPFMASI
| Q1 26 | $34.3M | — | ||
| Q4 25 | $65.0M | — | ||
| Q3 25 | $86.0M | $56.8M | ||
| Q2 25 | $52.6M | $69.4M | ||
| Q1 25 | $38.5M | $31.1M | ||
| Q4 24 | $36.6M | $50.5M | ||
| Q3 24 | $57.8M | $25.6M | ||
| Q2 24 | $50.9M | $74.5M |
自由现金流APPFMASI
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | — | ||
| Q3 25 | $84.7M | $50.9M | ||
| Q2 25 | $52.4M | $65.6M | ||
| Q1 25 | $38.2M | $28.5M | ||
| Q4 24 | $36.4M | $46.0M | ||
| Q3 24 | $57.4M | $16.9M | ||
| Q2 24 | $50.8M | $66.9M |
自由现金流率APPFMASI
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | — | ||
| Q3 25 | 34.0% | 13.7% | ||
| Q2 25 | 22.2% | 17.7% | ||
| Q1 25 | 17.6% | 7.7% | ||
| Q4 24 | 17.9% | 7.7% | ||
| Q3 24 | 27.9% | 3.3% | ||
| Q2 24 | 25.8% | 13.5% |
资本支出强度APPFMASI
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.5% | 1.6% | ||
| Q2 25 | 0.1% | 1.0% | ||
| Q1 25 | 0.1% | 0.7% | ||
| Q4 24 | 0.1% | 0.7% | ||
| Q3 24 | 0.2% | 1.7% | ||
| Q2 24 | 0.0% | 1.5% |
现金转化率APPFMASI
| Q1 26 | 0.81× | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 2.56× | — | ||
| Q2 25 | 1.46× | 1.35× | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 0.36× | — | ||
| Q3 24 | 1.75× | 2.61× | ||
| Q2 24 | 1.71× | 4.66× |
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% |
MASI
暂无分部数据
