Applied Digital Corp. vs AppFolio, Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsVertical SaaS
Data as of Q3 2026
Summary Verdict
APLD: 2—APPF: 3wins
Rule of 40
312.2APLD
40.6APPF
check_circleAPLD leads
Revenue Growth
336.9%APLD
29.5%APPF
check_circleAPLD leads
Gross Margin
1%APLD
87%APPF
check_circleAPPF leads
FCF Margin
-24.8%APLD
11.2%APPF
check_circleAPPF leads
Operating Margin
-33.7%APLD
17.4%APPF
check_circleAPPF leads
NRR
—APLD
—APPF
Metric
Rule of 40Efficiency score
APLD
312.2check_circle
APPF
40.6
Revenue GrowthYoY
APLD
336.9%check_circle
APPF
29.5%
Gross Margin% of revenue
APLD
1%
APPF
87%check_circle
FCF MarginFree cash flow
APLD
-24.8%
APPF
11.2%check_circle
Operating MarginGAAP
APLD
-33.7%
APPF
17.4%check_circle
NRRNet retention
APLD
N/A
APPF
N/A
EV / RevenueValuation multiple
APLD
N/A
APPF
7.3x
Market CapUSD
APLD
N/A
APPF
$7.5B
ARR GrowthYoY
APLD
N/A
APPF
N/A
CAC PaybackMonths to recover
APLD
N/A
APPF
N/A
insights
Analysis
As of Q3 2026, Applied Digital Corp. trades at N/A EV/Revenue versus AppFolio, Inc. at 7.3x. On the Rule of 40, Applied Digital Corp. scores 312.2 compared to AppFolio, Inc.'s 40.6, placing Applied Digital Corp. ahead in operating efficiency. Gross margins stand at Applied Digital Corp. 1% vs AppFolio, Inc. 87%.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.