analyticsVertical SaaS
Data as of Q4 2025
Summary Verdict
CRNC: 0—APPF: 5wins
Rule of 40
7.7CRNC
46.3APPF
check_circleAPPF leads
Revenue Growth
-7.6%CRNC
21.5%APPF
check_circleAPPF leads
Gross Margin
60%CRNC
84%APPF
check_circleAPPF leads
FCF Margin
15.3%CRNC
24.8%APPF
check_circleAPPF leads
Operating Margin
-0.8%CRNC
15.8%APPF
check_circleAPPF leads
NRR
—CRNC
—APPF
Metric
Rule of 40Efficiency score
CRNC
7.7
APPF
46.3check_circle
Revenue GrowthYoY
CRNC
-7.6%
APPF
21.5%check_circle
Gross Margin% of revenue
CRNC
60%
APPF
84%check_circle
FCF MarginFree cash flow
CRNC
15.3%
APPF
24.8%check_circle
Operating MarginGAAP
CRNC
-0.8%
APPF
15.8%check_circle
NRRNet retention
CRNC
N/A
APPF
N/A
EV / RevenueValuation multiple
CRNC
2.2xcheck_circle
APPF
6.3x
Market CapUSD
CRNC
$393.5M
APPF
$6.1Bcheck_circle
ARR GrowthYoY
CRNC
N/A
APPF
N/A
CAC PaybackMonths to recover
CRNC
N/A
APPF
N/A
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insights
Analysis
As of Q4 2025, Cerence Inc. trades at 2.2x EV/Revenue versus AppFolio, Inc. at 6.3x. On the Rule of 40, Cerence Inc. scores 7.7 compared to AppFolio, Inc.'s 46.3, placing AppFolio, Inc. ahead in operating efficiency. Gross margins stand at Cerence Inc. 60% vs AppFolio, Inc. 84%.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.