analyticsVertical SaaS
Data as of Q2 2026
Summary Verdict
CRWD: 3—APPF: 2wins
Rule of 40
51.6CRWD
33.4APPF
check_circleCRWD leads
Revenue Growth
23.7%CRWD
21.5%APPF
check_circleCRWD leads
Gross Margin
74%CRWD
86%APPF
check_circleAPPF leads
FCF Margin
27.9%CRWD
11.9%APPF
check_circleCRWD leads
Operating Margin
-6.9%CRWD
16.6%APPF
check_circleAPPF leads
NRR
—CRWD
—APPF
Metric
Rule of 40Efficiency score
CRWD
51.6check_circle
APPF
33.4
Revenue GrowthYoY
CRWD
23.7%check_circle
APPF
21.5%
Gross Margin% of revenue
CRWD
74%
APPF
86%check_circle
FCF MarginFree cash flow
CRWD
27.9%check_circle
APPF
11.9%
Operating MarginGAAP
CRWD
-6.9%
APPF
16.6%check_circle
NRRNet retention
CRWD
N/A
APPF
N/A
EV / RevenueValuation multiple
CRWD
34.2x
APPF
6.2xcheck_circle
Market CapUSD
CRWD
$170.8Bcheck_circle
APPF
$6.0B
ARR GrowthYoY
CRWD
N/A
APPF
N/A
CAC PaybackMonths to recover
CRWD
N/A
APPF
N/A
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insights
Analysis
As of Q2 2026, CrowdStrike Holdings, Inc. trades at 34.2x EV/Revenue versus AppFolio, Inc. at 6.2x. On the Rule of 40, CrowdStrike Holdings, Inc. scores 51.6 compared to AppFolio, Inc.'s 33.4, placing CrowdStrike Holdings, Inc. ahead in operating efficiency. Gross margins stand at CrowdStrike Holdings, Inc. 74% vs AppFolio, Inc. 86%.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.