AppFolio, Inc. vs Reddit, Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsVertical SaaS
Data as of Q1 2026
Summary Verdict
APPF: 0—RDDT: 5wins
Rule of 40
33.4APPF
98.8RDDT
check_circleRDDT leads
Revenue Growth
21.5%APPF
64.6%RDDT
check_circleRDDT leads
Gross Margin
86%APPF
91%RDDT
check_circleRDDT leads
FCF Margin
11.9%APPF
34.2%RDDT
check_circleRDDT leads
Operating Margin
16.6%APPF
18.4%RDDT
check_circleRDDT leads
NRR
—APPF
—RDDT
Metric
Rule of 40Efficiency score
APPF
33.4
RDDT
98.8check_circle
Revenue GrowthYoY
APPF
21.5%
RDDT
64.6%check_circle
Gross Margin% of revenue
APPF
86%
RDDT
91%check_circle
FCF MarginFree cash flow
APPF
11.9%
RDDT
34.2%check_circle
Operating MarginGAAP
APPF
16.6%
RDDT
18.4%check_circle
NRRNet retention
APPF
N/A
RDDT
N/A
EV / RevenueValuation multiple
APPF
6.7xcheck_circle
RDDT
16.0x
Market CapUSD
APPF
$6.4B
RDDT
$34.9Bcheck_circle
ARR GrowthYoY
APPF
N/A
RDDT
N/A
CAC PaybackMonths to recover
APPF
N/A
RDDT
N/A
insights
Analysis
As of Q1 2026, AppFolio, Inc. trades at 6.7x EV/Revenue versus Reddit, Inc. at 16.0x. On the Rule of 40, AppFolio, Inc. scores 33.4 compared to Reddit, Inc.'s 98.8, placing Reddit, Inc. ahead in operating efficiency. Gross margins stand at AppFolio, Inc. 86% vs Reddit, Inc. 91%.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.