Summary Verdict
APPF: 2—BSY: 3wins
Rule of 40
33.4APPF
64.1BSY
check_circleBSY leads
Revenue Growth
21.5%APPF
13.4%BSY
check_circleAPPF leads
Gross Margin
86%APPF
82%BSY
check_circleAPPF leads
FCF Margin
11.9%APPF
50.7%BSY
check_circleBSY leads
Operating Margin
16.6%APPF
26.8%BSY
check_circleBSY leads
NRR
—APPF
—BSY
Metric
Rule of 40Efficiency score
APPF
33.4
BSY
64.1check_circle
Revenue GrowthYoY
APPF
21.5%check_circle
BSY
13.4%
Gross Margin% of revenue
APPF
86%check_circle
BSY
82%
FCF MarginFree cash flow
APPF
11.9%
BSY
50.7%check_circle
Operating MarginGAAP
APPF
16.6%
BSY
26.8%check_circle
NRRNet retention
APPF
N/A
BSY
N/A
EV / RevenueValuation multiple
APPF
N/A
BSY
N/A
Market CapUSD
APPF
N/A
BSY
N/A
ARR GrowthYoY
APPF
N/A
BSY
N/A
CAC PaybackMonths to recover
APPF
N/A
BSY
N/A
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insights
Analysis
As of Q1 2026, AppFolio, Inc. trades at N/A EV/Revenue versus BENTLEY SYSTEMS INC at N/A. On the Rule of 40, AppFolio, Inc. scores 33.4 compared to BENTLEY SYSTEMS INC's 64.1, placing BENTLEY SYSTEMS INC ahead in operating efficiency. Gross margins stand at AppFolio, Inc. 86% vs BENTLEY SYSTEMS INC 82%.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.