AppFolio, Inc. vs Shutterstock, Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsVertical SaaS
Data as of Q2 2026
Summary Verdict
APPF: 5—SSTK: 0wins
Rule of 40
40.6APPF
10.7SSTK
check_circleAPPF leads
Revenue Growth
29.5%APPF
3.6%SSTK
check_circleAPPF leads
Gross Margin
87%APPF
58%SSTK
check_circleAPPF leads
FCF Margin
11.2%APPF
7.1%SSTK
check_circleAPPF leads
Operating Margin
17.4%APPF
4.8%SSTK
check_circleAPPF leads
NRR
—APPF
—SSTK
Metric
Rule of 40Efficiency score
APPF
40.6check_circle
SSTK
10.7
Revenue GrowthYoY
APPF
29.5%check_circle
SSTK
3.6%
Gross Margin% of revenue
APPF
87%check_circle
SSTK
58%
FCF MarginFree cash flow
APPF
11.2%check_circle
SSTK
7.1%
Operating MarginGAAP
APPF
17.4%check_circle
SSTK
4.8%
NRRNet retention
APPF
N/A
SSTK
N/A
EV / RevenueValuation multiple
APPF
6.3x
SSTK
N/A
Market CapUSD
APPF
$6.4B
SSTK
N/A
ARR GrowthYoY
APPF
N/A
SSTK
N/A
CAC PaybackMonths to recover
APPF
N/A
SSTK
N/A
insights
Analysis
As of Q2 2026, AppFolio, Inc. trades at 6.3x EV/Revenue versus Shutterstock, Inc. at N/A. On the Rule of 40, AppFolio, Inc. scores 40.6 compared to Shutterstock, Inc.'s 10.7, placing AppFolio, Inc. ahead in operating efficiency. Gross margins stand at AppFolio, Inc. 87% vs Shutterstock, Inc. 58%.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.