analyticsVertical SaaS
Data as of Q4 2025
Summary Verdict
SOUNW: 1—APPF: 4wins
Rule of 40
40.8SOUNW
46.3APPF
check_circleAPPF leads
Revenue Growth
99.5%SOUNW
21.5%APPF
check_circleSOUNW leads
Gross Margin
42%SOUNW
84%APPF
check_circleAPPF leads
FCF Margin
-58.7%SOUNW
24.8%APPF
check_circleAPPF leads
Operating Margin
-13.8%SOUNW
15.8%APPF
check_circleAPPF leads
NRR
—SOUNW
—APPF
Metric
Rule of 40Efficiency score
SOUNW
40.8
APPF
46.3check_circle
Revenue GrowthYoY
SOUNW
99.5%check_circle
APPF
21.5%
Gross Margin% of revenue
SOUNW
42%
APPF
84%check_circle
FCF MarginFree cash flow
SOUNW
-58.7%
APPF
24.8%check_circle
Operating MarginGAAP
SOUNW
-13.8%
APPF
15.8%check_circle
NRRNet retention
SOUNW
N/A
APPF
N/A
EV / RevenueValuation multiple
SOUNW
N/A
APPF
6.3x
Market CapUSD
SOUNW
N/A
APPF
$6.1B
ARR GrowthYoY
SOUNW
N/A
APPF
N/A
CAC PaybackMonths to recover
SOUNW
N/A
APPF
N/A
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insights
Analysis
As of Q4 2025, SOUNDHOUND AI, INC. trades at N/A EV/Revenue versus AppFolio, Inc. at 6.3x. On the Rule of 40, SOUNDHOUND AI, INC. scores 40.8 compared to AppFolio, Inc.'s 46.3, placing AppFolio, Inc. ahead in operating efficiency. Gross margins stand at SOUNDHOUND AI, INC. 42% 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.