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APPFOLIO INC（APPF）与GIBRALTAR INDUSTRIES, INC.（ROCK）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GIBRALTAR INDUSTRIES, INC.的1.2倍（$262.2M vs $225.0M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs 20.4%），过去两年APPFOLIO INC的营收复合增速更高（15.3% vs -12.3%）
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。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
APPF vs ROCK — 直观对比
营收规模更大
APPF
是对方的1.2倍
$225.0M
营收增速更快
ROCK
高出4.5%
20.4%
两年增速更快
APPF
近两年复合增速
-12.3%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $262.2M | $225.0M |
| 净利润 | $42.4M | — |
| 毛利率 | — | 25.3% |
| 营业利润率 | 19.4% | 7.9% |
| 净利率 | 16.2% | — |
| 营收同比 | 20.4% | 24.9% |
| 净利润同比 | 35.2% | — |
| 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APPFROCK
| Q1 26 | $262.2M | — | ||
| Q4 25 | $248.2M | $225.0M | ||
| Q3 25 | $249.4M | $310.9M | ||
| Q2 25 | $235.6M | $309.5M | ||
| Q1 25 | $217.7M | $290.0M | ||
| Q4 24 | $203.7M | $180.1M | ||
| Q3 24 | $205.7M | $277.1M | ||
| Q2 24 | $197.4M | $273.6M |
净利润APPFROCK
| Q1 26 | $42.4M | — | ||
| Q4 25 | $39.9M | — | ||
| Q3 25 | $33.6M | $-89.1M | ||
| Q2 25 | $36.0M | $26.0M | ||
| Q1 25 | $31.4M | $21.1M | ||
| Q4 24 | $102.7M | — | ||
| Q3 24 | $33.0M | $34.0M | ||
| Q2 24 | $29.7M | $32.2M |
毛利率APPFROCK
| Q1 26 | — | — | ||
| Q4 25 | — | 25.3% | ||
| Q3 25 | — | 26.6% | ||
| Q2 25 | — | 28.4% | ||
| Q1 25 | — | 26.8% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | — | 29.4% | ||
| Q2 24 | — | 30.5% |
营业利润率APPFROCK
| Q1 26 | 19.4% | — | ||
| Q4 25 | 17.6% | 7.9% | ||
| Q3 25 | 14.1% | 12.8% | ||
| Q2 25 | 17.2% | 12.8% | ||
| Q1 25 | 15.5% | 8.8% | ||
| Q4 24 | 11.3% | 13.3% | ||
| Q3 24 | 20.7% | 15.6% | ||
| Q2 24 | 18.3% | 14.9% |
净利率APPFROCK
| Q1 26 | 16.2% | — | ||
| Q4 25 | 16.1% | — | ||
| Q3 25 | 13.5% | -28.6% | ||
| Q2 25 | 15.3% | 8.4% | ||
| Q1 25 | 14.4% | 7.3% | ||
| Q4 24 | 50.4% | — | ||
| Q3 24 | 16.0% | 12.3% | ||
| Q2 24 | 15.0% | 11.8% |
每股收益（稀释后）APPFROCK
| Q1 26 | $1.18 | — | ||
| Q4 25 | $1.10 | — | ||
| Q3 25 | $0.93 | $-2.98 | ||
| Q2 25 | $0.99 | $0.87 | ||
| Q1 25 | $0.86 | — | ||
| Q4 24 | $2.79 | — | ||
| Q3 24 | $0.90 | $1.11 | ||
| Q2 24 | $0.81 | $1.05 |
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 | $115.7M |
| 总债务越低越好 | — | $0 |
| 股东权益账面价值 | $470.2M | $950.4M |
| 总资产 | $580.6M | $1.4B |
| 负债/权益比越低杠杆越低 | — | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资APPFROCK
| Q1 26 | $147.4M | — | ||
| Q4 25 | $107.0M | $115.7M | ||
| Q3 25 | $76.1M | $89.4M | ||
| Q2 25 | $73.5M | $43.3M | ||
| Q1 25 | $56.9M | $25.1M | ||
| Q4 24 | $42.5M | $269.5M | ||
| Q3 24 | $62.4M | $228.9M | ||
| Q2 24 | $59.6M | $179.1M |
总债务APPFROCK
| Q1 26 | — | — | ||
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | $0 | ||
| Q1 25 | — | $0 | ||
| Q4 24 | — | $0 | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | $0 |
股东权益APPFROCK
| Q1 26 | $470.2M | — | ||
| Q4 25 | $542.6M | $950.4M | ||
| Q3 25 | $498.9M | $951.8M | ||
| Q2 25 | $455.6M | $1.0B | ||
| Q1 25 | $462.1M | $1.0B | ||
| Q4 24 | $519.3M | $1.0B | ||
| Q3 24 | $412.8M | $1.0B | ||
| Q2 24 | $371.4M | $975.7M |
总资产APPFROCK
| Q1 26 | $580.6M | — | ||
| Q4 25 | $689.0M | $1.4B | ||
| Q3 25 | $640.5M | $1.4B | ||
| Q2 25 | $567.4M | $1.5B | ||
| Q1 25 | $564.7M | $1.4B | ||
| Q4 24 | $626.7M | $1.4B | ||
| Q3 24 | $523.3M | $1.4B | ||
| Q2 24 | $479.3M | $1.4B |
负债/权益比APPFROCK
| Q1 26 | — | — | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× |
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 | $35.5M |
| 自由现金流经营现金流 - 资本支出 | — | $26.2M |
| 自由现金流率自由现金流/营收 | — | 11.7% |
| 资本支出强度资本支出/营收 | — | 4.1% |
| 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 | — | $120.6M |
8季度趋势，按日历期对齐
经营现金流APPFROCK
| Q1 26 | $34.3M | — | ||
| Q4 25 | $65.0M | $35.5M | ||
| Q3 25 | $86.0M | $73.0M | ||
| Q2 25 | $52.6M | $44.9M | ||
| Q1 25 | $38.5M | $13.7M | ||
| Q4 24 | $36.6M | $19.9M | ||
| Q3 24 | $57.8M | $64.7M | ||
| Q2 24 | $50.9M | $36.5M |
自由现金流APPFROCK
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | $26.2M | ||
| Q3 25 | $84.7M | $64.8M | ||
| Q2 25 | $52.4M | $27.3M | ||
| Q1 25 | $38.2M | $2.3M | ||
| Q4 24 | $36.4M | $14.1M | ||
| Q3 24 | $57.4M | $60.5M | ||
| Q2 24 | $50.8M | $33.5M |
自由现金流率APPFROCK
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | 11.7% | ||
| Q3 25 | 34.0% | 20.8% | ||
| Q2 25 | 22.2% | 8.8% | ||
| Q1 25 | 17.6% | 0.8% | ||
| Q4 24 | 17.9% | 7.8% | ||
| Q3 24 | 27.9% | 21.8% | ||
| Q2 24 | 25.8% | 12.2% |
资本支出强度APPFROCK
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 4.1% | ||
| Q3 25 | 0.5% | 2.6% | ||
| Q2 25 | 0.1% | 5.7% | ||
| Q1 25 | 0.1% | 3.9% | ||
| Q4 24 | 0.1% | 3.3% | ||
| Q3 24 | 0.2% | 1.5% | ||
| Q2 24 | 0.0% | 1.1% |
现金转化率APPFROCK
| Q1 26 | 0.81× | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 2.56× | — | ||
| Q2 25 | 1.46× | 1.73× | ||
| Q1 25 | 1.23× | 0.65× | ||
| Q4 24 | 0.36× | — | ||
| Q3 24 | 1.75× | 1.90× | ||
| Q2 24 | 1.71× | 1.13× |
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% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
