Homechevron_rightComparechevron_rightCVLT vs APPF
analyticsVertical SaaS

Data as of Q4 2025

Summary Verdict

CVLT: 2APPF: 3wins
Rule of 40
53.1CVLT
46.3APPF
check_circleCVLT leads
Revenue Growth
35.2%CVLT
21.5%APPF
check_circleCVLT leads
Gross Margin
72%CVLT
84%APPF
check_circleAPPF leads
FCF Margin
17.9%CVLT
24.8%APPF
check_circleAPPF leads
Operating Margin
6.5%CVLT
15.8%APPF
check_circleAPPF leads
NRR
CVLT
APPF
Metric
Rule of 40Efficiency score
CVLT
53.1check_circle
APPF
46.3
Revenue GrowthYoY
CVLT
35.2%check_circle
APPF
21.5%
Gross Margin% of revenue
CVLT
72%
APPF
84%check_circle
FCF MarginFree cash flow
CVLT
17.9%
APPF
24.8%check_circle
Operating MarginGAAP
CVLT
6.5%
APPF
15.8%check_circle
NRRNet retention
CVLT
N/A
APPF
N/A
EV / RevenueValuation multiple
CVLT
3.4xcheck_circle
APPF
6.3x
Market CapUSD
CVLT
$4.1B
APPF
$6.1Bcheck_circle
ARR GrowthYoY
CVLT
N/A
APPF
N/A
CAC PaybackMonths to recover
CVLT
N/A
APPF
N/A

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insights

Analysis

As of Q4 2025, COMMVAULT SYSTEMS INC trades at 3.4x EV/Revenue versus AppFolio, Inc. at 6.3x. On the Rule of 40, COMMVAULT SYSTEMS INC scores 53.1 compared to AppFolio, Inc.'s 46.3, placing COMMVAULT SYSTEMS INC ahead in operating efficiency. Gross margins stand at COMMVAULT SYSTEMS INC 72% vs AppFolio, Inc. 84%.

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Sector Context

Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.

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