AppFolio, Inc. vs Exzeo Group, Inc.
Side-by-Side SaaS Metrics & Valuation Comparison
analyticsVertical SaaS
Data as of Q1 2026
Summary Verdict
APPF: 1—XZO: 4wins
Rule of 40
33.4APPF
95.7XZO
check_circleXZO leads
Revenue Growth
21.5%APPF
43.5%XZO
check_circleXZO leads
Gross Margin
86%APPF
55%XZO
check_circleAPPF leads
FCF Margin
11.9%APPF
52.2%XZO
check_circleXZO leads
Operating Margin
16.6%APPF
43.1%XZO
check_circleXZO leads
NRR
—APPF
—XZO
Metric
Rule of 40Efficiency score
APPF
33.4
XZO
95.7check_circle
Revenue GrowthYoY
APPF
21.5%
XZO
43.5%check_circle
Gross Margin% of revenue
APPF
86%check_circle
XZO
55%
FCF MarginFree cash flow
APPF
11.9%
XZO
52.2%check_circle
Operating MarginGAAP
APPF
16.6%
XZO
43.1%check_circle
NRRNet retention
APPF
N/A
XZO
N/A
EV / RevenueValuation multiple
APPF
6.7xcheck_circle
XZO
7.3x
Market CapUSD
APPF
$6.4Bcheck_circle
XZO
$1.5B
ARR GrowthYoY
APPF
N/A
XZO
N/A
CAC PaybackMonths to recover
APPF
N/A
XZO
N/A
insights
Analysis
As of Q1 2026, AppFolio, Inc. trades at 6.7x EV/Revenue versus Exzeo Group, Inc. at 7.3x. On the Rule of 40, AppFolio, Inc. scores 33.4 compared to Exzeo Group, Inc.'s 95.7, placing Exzeo Group, Inc. ahead in operating efficiency. Gross margins stand at AppFolio, Inc. 86% vs Exzeo Group, Inc. 55%.
Sector Context
Both companies operate in the Vertical SaaS sector. The median columns above show where each company stands relative to their peers.