AppFolio, Inc. vs Exzeo Group, Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsVertical SaaS
Data as of Q2 2026
Summary Verdict
APPF: 1—XZO: 4wins
Rule of 40
40.6APPF
112.3XZO
check_circleXZO leads
Revenue Growth
29.5%APPF
67.7%XZO
check_circleXZO leads
Gross Margin
87%APPF
61%XZO
check_circleAPPF leads
FCF Margin
11.2%APPF
44.7%XZO
check_circleXZO leads
Operating Margin
17.4%APPF
48.5%XZO
check_circleXZO leads
NRR
—APPF
—XZO
Metric
Rule of 40Efficiency score
APPF
40.6
XZO
112.3check_circle
Revenue GrowthYoY
APPF
29.5%
XZO
67.7%check_circle
Gross Margin% of revenue
APPF
87%check_circle
XZO
61%
FCF MarginFree cash flow
APPF
11.2%
XZO
44.7%check_circle
Operating MarginGAAP
APPF
17.4%
XZO
48.5%check_circle
NRRNet retention
APPF
N/A
XZO
N/A
EV / RevenueValuation multiple
APPF
7.5x
XZO
6.5xcheck_circle
Market CapUSD
APPF
$7.7Bcheck_circle
XZO
$1.5B
ARR GrowthYoY
APPF
N/A
XZO
N/A
CAC PaybackMonths to recover
APPF
N/A
XZO
N/A
insights
Analysis
As of Q2 2026, AppFolio, Inc. trades at 7.5x EV/Revenue versus Exzeo Group, Inc. at 6.5x. On the Rule of 40, AppFolio, Inc. scores 40.6 compared to Exzeo Group, Inc.'s 112.3, placing Exzeo Group, Inc. ahead in operating efficiency. Gross margins stand at AppFolio, Inc. 87% vs Exzeo Group, Inc. 61%.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.