analyticsVertical SaaS
Data as of Q4 2025
Summary Verdict
HNGE: 3—APPF: 2wins
Rule of 40
79.6HNGE
46.3APPF
check_circleHNGE leads
Revenue Growth
50.6%HNGE
21.5%APPF
check_circleHNGE leads
Gross Margin
80%HNGE
84%APPF
check_circleAPPF leads
FCF Margin
29.0%HNGE
24.8%APPF
check_circleHNGE leads
Operating Margin
-92.9%HNGE
15.8%APPF
check_circleAPPF leads
NRR
—HNGE
—APPF
Metric
Rule of 40Efficiency score
HNGE
79.6check_circle
APPF
46.3
Revenue GrowthYoY
HNGE
50.6%check_circle
APPF
21.5%
Gross Margin% of revenue
HNGE
80%
APPF
84%check_circle
FCF MarginFree cash flow
HNGE
29.0%check_circle
APPF
24.8%
Operating MarginGAAP
HNGE
-92.9%
APPF
15.8%check_circle
NRRNet retention
HNGE
N/A
APPF
N/A
EV / RevenueValuation multiple
HNGE
N/A
APPF
6.3x
Market CapUSD
HNGE
N/A
APPF
$6.1B
ARR GrowthYoY
HNGE
N/A
APPF
N/A
CAC PaybackMonths to recover
HNGE
N/A
APPF
N/A
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insights
Analysis
As of Q4 2025, Hinge Health, Inc. trades at N/A EV/Revenue versus AppFolio, Inc. at 6.3x. On the Rule of 40, Hinge Health, Inc. scores 79.6 compared to AppFolio, Inc.'s 46.3, placing Hinge Health, Inc. ahead in operating efficiency. Gross margins stand at Hinge Health, Inc. 80% 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.