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APPFOLIO INC（APPF）与RAYONIER ADVANCED MATERIALS INC.（RYAM）财务数据对比。点击上方公司名可切换其他公司
RAYONIER ADVANCED MATERIALS INC.的季度营收约是APPFOLIO INC的1.6倍（$417.5M vs $262.2M），APPFOLIO INC净利率更高（16.2% vs -5.0%，领先21.2%），APPFOLIO INC同比增速更快（20.4% vs -1.2%），过去两年APPFOLIO INC的营收复合增速更高（15.3% vs 3.8%）
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。
RYAM（原雷尼尔先进材料公司）是一家美国全球性纤维素技术企业，主打高纯度特种纤维素产品，所生产的天然聚合物广泛应用于过滤器生产、食品加工、医药制造及各类工业领域，同时也为造纸和包装行业供应相关产品，在纤维素技术领域拥有较高的行业认可度。
APPF vs RYAM — 直观对比
营收规模更大
RYAM
是对方的1.6倍
$262.2M
营收增速更快
APPF
高出21.6%
-1.2%
净利率更高
APPF
高出21.2%
-5.0%
两年增速更快
APPF
近两年复合增速
3.8%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $262.2M | $417.5M |
| 净利润 | $42.4M | $-21.1M |
| 毛利率 | — | 8.9% |
| 营业利润率 | 19.4% | 2.6% |
| 净利率 | 16.2% | -5.0% |
| 营收同比 | 20.4% | -1.2% |
| 净利润同比 | 35.2% | -31.9% |
| 每股收益（稀释后） | $1.18 | $-0.33 |
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APPFRYAM
| Q1 26 | $262.2M | — | ||
| Q4 25 | $248.2M | $417.5M | ||
| Q3 25 | $249.4M | $352.8M | ||
| Q2 25 | $235.6M | $340.0M | ||
| Q1 25 | $217.7M | $356.0M | ||
| Q4 24 | $203.7M | $422.5M | ||
| Q3 24 | $205.7M | $401.1M | ||
| Q2 24 | $197.4M | $419.0M |
净利润APPFRYAM
| Q1 26 | $42.4M | — | ||
| Q4 25 | $39.9M | $-21.1M | ||
| Q3 25 | $33.6M | $-4.5M | ||
| Q2 25 | $36.0M | $-363.2M | ||
| Q1 25 | $31.4M | $-32.0M | ||
| Q4 24 | $102.7M | $-16.0M | ||
| Q3 24 | $33.0M | $-32.6M | ||
| Q2 24 | $29.7M | $11.4M |
毛利率APPFRYAM
| Q1 26 | — | — | ||
| Q4 25 | — | 8.9% | ||
| Q3 25 | — | 9.7% | ||
| Q2 25 | — | 7.0% | ||
| Q1 25 | — | 6.8% | ||
| Q4 24 | — | 8.7% | ||
| Q3 24 | — | 10.9% | ||
| Q2 24 | — | 11.5% |
营业利润率APPFRYAM
| Q1 26 | 19.4% | — | ||
| Q4 25 | 17.6% | 2.6% | ||
| Q3 25 | 14.1% | 2.8% | ||
| Q2 25 | 17.2% | -0.4% | ||
| Q1 25 | 15.5% | -4.2% | ||
| Q4 24 | 11.3% | 2.6% | ||
| Q3 24 | 20.7% | -4.2% | ||
| Q2 24 | 18.3% | 6.7% |
净利率APPFRYAM
| Q1 26 | 16.2% | — | ||
| Q4 25 | 16.1% | -5.0% | ||
| Q3 25 | 13.5% | -1.3% | ||
| Q2 25 | 15.3% | -106.8% | ||
| Q1 25 | 14.4% | -9.0% | ||
| Q4 24 | 50.4% | -3.8% | ||
| Q3 24 | 16.0% | -8.1% | ||
| Q2 24 | 15.0% | 2.7% |
每股收益（稀释后）APPFRYAM
| Q1 26 | $1.18 | — | ||
| Q4 25 | $1.10 | $-0.33 | ||
| Q3 25 | $0.93 | $-0.07 | ||
| Q2 25 | $0.99 | $-5.44 | ||
| Q1 25 | $0.86 | $-0.49 | ||
| Q4 24 | $2.79 | $-0.25 | ||
| Q3 24 | $0.90 | $-0.49 | ||
| Q2 24 | $0.81 | $0.17 |
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 | $75.4M |
| 总债务越低越好 | — | $758.1M |
| 股东权益账面价值 | $470.2M | $316.6M |
| 总资产 | $580.6M | $1.8B |
| 负债/权益比越低杠杆越低 | — | 2.39× |
8季度趋势，按日历期对齐
现金及短期投资APPFRYAM
| Q1 26 | $147.4M | — | ||
| Q4 25 | $107.0M | $75.4M | ||
| Q3 25 | $76.1M | $77.0M | ||
| Q2 25 | $73.5M | $70.7M | ||
| Q1 25 | $56.9M | $129.9M | ||
| Q4 24 | $42.5M | $125.2M | ||
| Q3 24 | $62.4M | $136.1M | ||
| Q2 24 | $59.6M | $114.1M |
总债务APPFRYAM
| Q1 26 | — | — | ||
| Q4 25 | — | $758.1M | ||
| Q3 25 | — | $763.5M | ||
| Q2 25 | — | $720.4M | ||
| Q1 25 | — | $707.0M | ||
| Q4 24 | — | $706.4M | ||
| Q3 24 | — | $747.7M | ||
| Q2 24 | — | $752.8M |
股东权益APPFRYAM
| Q1 26 | $470.2M | — | ||
| Q4 25 | $542.6M | $316.6M | ||
| Q3 25 | $498.9M | $338.2M | ||
| Q2 25 | $455.6M | $342.3M | ||
| Q1 25 | $462.1M | $688.1M | ||
| Q4 24 | $519.3M | $713.9M | ||
| Q3 24 | $412.8M | $732.7M | ||
| Q2 24 | $371.4M | $755.1M |
总资产APPFRYAM
| Q1 26 | $580.6M | — | ||
| Q4 25 | $689.0M | $1.8B | ||
| Q3 25 | $640.5M | $1.8B | ||
| Q2 25 | $567.4M | $1.8B | ||
| Q1 25 | $564.7M | $2.1B | ||
| Q4 24 | $626.7M | $2.1B | ||
| Q3 24 | $523.3M | $2.2B | ||
| Q2 24 | $479.3M | $2.2B |
负债/权益比APPFRYAM
| Q1 26 | — | — | ||
| Q4 25 | — | 2.39× | ||
| Q3 25 | — | 2.26× | ||
| Q2 25 | — | 2.10× | ||
| Q1 25 | — | 1.03× | ||
| Q4 24 | — | 0.99× | ||
| Q3 24 | — | 1.02× | ||
| Q2 24 | — | 1.00× |
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 | $32.3M |
| 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 | — | — |
| 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 | — | — |
8季度趋势，按日历期对齐
经营现金流APPFRYAM
| Q1 26 | $34.3M | — | ||
| Q4 25 | $65.0M | $32.3M | ||
| Q3 25 | $86.0M | $-17.8M | ||
| Q2 25 | $52.6M | $-30.2M | ||
| Q1 25 | $38.5M | $39.6M | ||
| Q4 24 | $36.6M | $54.9M | ||
| Q3 24 | $57.8M | $49.8M | ||
| Q2 24 | $50.9M | $87.6M |
自由现金流APPFRYAM
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | — | ||
| Q3 25 | $84.7M | — | ||
| Q2 25 | $52.4M | — | ||
| Q1 25 | $38.2M | — | ||
| Q4 24 | $36.4M | — | ||
| Q3 24 | $57.4M | — | ||
| Q2 24 | $50.8M | — |
自由现金流率APPFRYAM
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | — | ||
| Q3 25 | 34.0% | — | ||
| Q2 25 | 22.2% | — | ||
| Q1 25 | 17.6% | — | ||
| Q4 24 | 17.9% | — | ||
| Q3 24 | 27.9% | — | ||
| Q2 24 | 25.8% | — |
资本支出强度APPFRYAM
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | — | ||
| Q3 25 | 0.5% | — | ||
| Q2 25 | 0.1% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.1% | — | ||
| Q3 24 | 0.2% | — | ||
| Q2 24 | 0.0% | — |
现金转化率APPFRYAM
| Q1 26 | 0.81× | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 2.56× | — | ||
| Q2 25 | 1.46× | — | ||
| Q1 25 | 1.23× | — | ||
| Q4 24 | 0.36× | — | ||
| Q3 24 | 1.75× | — | ||
| Q2 24 | 1.71× | 7.69× |
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% |
RYAM
| Cellulose Specialties | $249.6M | 60% |
| Other | $86.2M | 21% |
| Paperboard | $44.2M | 11% |
| High Yield Pulp | $28.3M | 7% |
| Biomaterials | $9.2M | 2% |
