vs
APPFOLIO INC（APPF）与BOSTON BEER CO INC（SAM）财务数据对比。点击上方公司名可切换其他公司
BOSTON BEER CO INC的季度营收约是APPFOLIO INC的1.8倍（$461.6M vs $262.2M），APPFOLIO INC同比增速更快（20.4% vs -4.1%），过去两年APPFOLIO INC的营收复合增速更高（15.3% vs -10.7%）
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。
波士顿啤酒公司是美国知名酿酒企业，1984年由吉姆·科赫与朗达·卡尔曼联合创立。旗下首款产品以美国开国元勋、独立运动先驱塞缪尔·亚当斯命名，后续陆续推出多个自有品牌，2019年正式完成与角鲨头酿酒厂的合并，是北美精酿啤酒行业的核心参与者之一。
APPF vs SAM — 直观对比
营收规模更大
SAM
是对方的1.8倍
$262.2M
营收增速更快
APPF
高出24.6%
-4.1%
两年增速更快
APPF
近两年复合增速
-10.7%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $262.2M | $461.6M |
| 净利润 | $42.4M | — |
| 毛利率 | — | 46.4% |
| 营业利润率 | 19.4% | 12.4% |
| 净利率 | 16.2% | — |
| 营收同比 | 20.4% | -4.1% |
| 净利润同比 | 35.2% | — |
| 每股收益（稀释后） | $1.18 | $2.16 |
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APPFSAM
| Q1 26 | $262.2M | $461.6M | ||
| Q4 25 | $248.2M | $385.7M | ||
| Q3 25 | $249.4M | $537.5M | ||
| Q2 25 | $235.6M | $587.9M | ||
| Q1 25 | $217.7M | $453.9M | ||
| Q4 24 | $203.7M | $402.3M | ||
| Q3 24 | $205.7M | $605.5M | ||
| Q2 24 | $197.4M | $579.1M |
净利润APPFSAM
| Q1 26 | $42.4M | — | ||
| Q4 25 | $39.9M | $-22.5M | ||
| Q3 25 | $33.6M | $46.2M | ||
| Q2 25 | $36.0M | $60.4M | ||
| Q1 25 | $31.4M | $24.4M | ||
| Q4 24 | $102.7M | $-38.8M | ||
| Q3 24 | $33.0M | $33.5M | ||
| Q2 24 | $29.7M | $52.3M |
毛利率APPFSAM
| Q1 26 | — | 46.4% | ||
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | 50.8% | ||
| Q2 25 | — | 49.8% | ||
| Q1 25 | — | 48.3% | ||
| Q4 24 | — | 39.9% | ||
| Q3 24 | — | 46.3% | ||
| Q2 24 | — | 46.0% |
营业利润率APPFSAM
| Q1 26 | 19.4% | 12.4% | ||
| Q4 25 | 17.6% | -8.6% | ||
| Q3 25 | 14.1% | 11.5% | ||
| Q2 25 | 17.2% | 14.0% | ||
| Q1 25 | 15.5% | 7.4% | ||
| Q4 24 | 11.3% | -13.9% | ||
| Q3 24 | 20.7% | 7.6% | ||
| Q2 24 | 18.3% | 12.2% |
净利率APPFSAM
| Q1 26 | 16.2% | — | ||
| Q4 25 | 16.1% | -5.8% | ||
| Q3 25 | 13.5% | 8.6% | ||
| Q2 25 | 15.3% | 10.3% | ||
| Q1 25 | 14.4% | 5.4% | ||
| Q4 24 | 50.4% | -9.6% | ||
| Q3 24 | 16.0% | 5.5% | ||
| Q2 24 | 15.0% | 9.0% |
每股收益（稀释后）APPFSAM
| Q1 26 | $1.18 | $2.16 | ||
| Q4 25 | $1.10 | $-1.97 | ||
| Q3 25 | $0.93 | $4.25 | ||
| Q2 25 | $0.99 | $5.45 | ||
| Q1 25 | $0.86 | $2.16 | ||
| Q4 24 | $2.79 | $-3.23 | ||
| Q3 24 | $0.90 | $2.86 | ||
| Q2 24 | $0.81 | $4.39 |
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 | $164.1M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $470.2M | $682.6M |
| 总资产 | $580.6M | $1.2B |
| 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APPFSAM
| Q1 26 | $147.4M | $164.1M | ||
| Q4 25 | $107.0M | $223.4M | ||
| Q3 25 | $76.1M | $250.5M | ||
| Q2 25 | $73.5M | $212.4M | ||
| Q1 25 | $56.9M | $152.5M | ||
| Q4 24 | $42.5M | $211.8M | ||
| Q3 24 | $62.4M | $255.6M | ||
| Q2 24 | $59.6M | $219.3M |
股东权益APPFSAM
| Q1 26 | $470.2M | $682.6M | ||
| Q4 25 | $542.6M | $846.3M | ||
| Q3 25 | $498.9M | $911.0M | ||
| Q2 25 | $455.6M | $912.3M | ||
| Q1 25 | $462.1M | $897.0M | ||
| Q4 24 | $519.3M | $916.2M | ||
| Q3 24 | $412.8M | $1.0B | ||
| Q2 24 | $371.4M | $1.0B |
总资产APPFSAM
| Q1 26 | $580.6M | $1.2B | ||
| Q4 25 | $689.0M | $1.2B | ||
| Q3 25 | $640.5M | $1.2B | ||
| Q2 25 | $567.4M | $1.3B | ||
| Q1 25 | $564.7M | $1.2B | ||
| Q4 24 | $626.7M | $1.3B | ||
| Q3 24 | $523.3M | $1.4B | ||
| Q2 24 | $479.3M | $1.4B |
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 | — |
| 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APPFSAM
| Q1 26 | $34.3M | — | ||
| Q4 25 | $65.0M | $39.9M | ||
| Q3 25 | $86.0M | $101.8M | ||
| Q2 25 | $52.6M | $126.5M | ||
| Q1 25 | $38.5M | $1.9M | ||
| Q4 24 | $36.6M | $41.9M | ||
| Q3 24 | $57.8M | $115.9M | ||
| Q2 24 | $50.9M | $96.0M |
自由现金流APPFSAM
| Q1 26 | — | — | ||
| Q4 25 | $63.7M | $22.1M | ||
| Q3 25 | $84.7M | $89.2M | ||
| Q2 25 | $52.4M | $112.2M | ||
| Q1 25 | $38.2M | $-8.0M | ||
| Q4 24 | $36.4M | $18.4M | ||
| Q3 24 | $57.4M | $99.2M | ||
| Q2 24 | $50.8M | $75.6M |
自由现金流率APPFSAM
| Q1 26 | — | — | ||
| Q4 25 | 25.7% | 5.7% | ||
| Q3 25 | 34.0% | 16.6% | ||
| Q2 25 | 22.2% | 19.1% | ||
| Q1 25 | 17.6% | -1.8% | ||
| Q4 24 | 17.9% | 4.6% | ||
| Q3 24 | 27.9% | 16.4% | ||
| Q2 24 | 25.8% | 13.1% |
资本支出强度APPFSAM
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 4.6% | ||
| Q3 25 | 0.5% | 2.3% | ||
| Q2 25 | 0.1% | 2.4% | ||
| Q1 25 | 0.1% | 2.2% | ||
| Q4 24 | 0.1% | 5.8% | ||
| Q3 24 | 0.2% | 2.8% | ||
| Q2 24 | 0.0% | 3.5% |
现金转化率APPFSAM
| Q1 26 | 0.81× | — | ||
| Q4 25 | 1.63× | — | ||
| Q3 25 | 2.56× | 2.21× | ||
| Q2 25 | 1.46× | 2.09× | ||
| Q1 25 | 1.23× | 0.08× | ||
| Q4 24 | 0.36× | — | ||
| Q3 24 | 1.75× | 3.46× | ||
| Q2 24 | 1.71× | 1.83× |
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% |
SAM
暂无分部数据
