AppFolio, Inc. vs SOUNDHOUND AI, INC.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsVertical SaaS
Data as of Q2 2026
Summary Verdict
APPF: 3—SOUNW: 2wins
Rule of 40
40.6APPF
40.8SOUNW
check_circleSOUNW leads
Revenue Growth
29.5%APPF
99.5%SOUNW
check_circleSOUNW leads
Gross Margin
87%APPF
42%SOUNW
check_circleAPPF leads
FCF Margin
11.2%APPF
-58.7%SOUNW
check_circleAPPF leads
Operating Margin
17.4%APPF
-13.8%SOUNW
check_circleAPPF leads
NRR
—APPF
—SOUNW
Metric
Rule of 40Efficiency score
APPF
40.6
SOUNW
40.8check_circle
Revenue GrowthYoY
APPF
29.5%
SOUNW
99.5%check_circle
Gross Margin% of revenue
APPF
87%check_circle
SOUNW
42%
FCF MarginFree cash flow
APPF
11.2%check_circle
SOUNW
-58.7%
Operating MarginGAAP
APPF
17.4%check_circle
SOUNW
-13.8%
NRRNet retention
APPF
N/A
SOUNW
N/A
EV / RevenueValuation multiple
APPF
6.3x
SOUNW
5.4xcheck_circle
Market CapUSD
APPF
$6.4Bcheck_circle
SOUNW
$1.1B
ARR GrowthYoY
APPF
N/A
SOUNW
N/A
CAC PaybackMonths to recover
APPF
N/A
SOUNW
N/A
insights
Analysis
As of Q2 2026, AppFolio, Inc. trades at 6.3x EV/Revenue versus SOUNDHOUND AI, INC. at 5.4x. On the Rule of 40, AppFolio, Inc. scores 40.6 compared to SOUNDHOUND AI, INC.'s 40.8, placing SOUNDHOUND AI, INC. ahead in operating efficiency. Gross margins stand at AppFolio, Inc. 87% vs SOUNDHOUND AI, INC. 42%.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.