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Side-by-side financial comparison of APPIAN CORP (APPN) and Ascendis Pharma A/S (ASND). Click either name above to swap in a different company.

Ascendis Pharma A/S is the larger business by last-quarter revenue ($267.3M vs $202.9M, roughly 1.3× APPIAN CORP). On growth, Ascendis Pharma A/S posted the faster year-over-year revenue change (42.3% vs 21.7%). Over the past eight quarters, Ascendis Pharma A/S's revenue compounded faster (60.7% CAGR vs 16.4%).

Appian Corporation is an American cloud computing and enterprise software company headquartered in McLean, Virginia, part of the Dulles Technology Corridor. The company sells a platform as a service (PaaS) for building enterprise software applications. It is focused on low-code development, process mining, business process management, and case management markets in North America, Europe, the Middle East and Southeast Asia.

Growth hormone therapy refers to the use of growth hormone (GH) as a prescription medication—it is one form of hormone therapy. Growth hormone is a peptide hormone secreted by the pituitary gland that stimulates growth and cell reproduction. In the past, growth hormone was extracted from human pituitary glands. Growth hormone is now produced by recombinant DNA technology and is prescribed for a variety of reasons. GH therapy has been a focus of social and ethical controversies for 50 years.

APPN vs ASND — Head-to-Head

Bigger by revenue
ASND
ASND
1.3× larger
ASND
$267.3M
$202.9M
APPN
Growing faster (revenue YoY)
ASND
ASND
+20.6% gap
ASND
42.3%
21.7%
APPN
Faster 2-yr revenue CAGR
ASND
ASND
Annualised
ASND
60.7%
16.4%
APPN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APPN
APPN
ASND
ASND
Revenue
$202.9M
$267.3M
Net Profit
$-5.1M
Gross Margin
64.8%
90.5%
Operating Margin
-0.3%
Net Margin
-2.5%
Revenue YoY
21.7%
42.3%
Net Profit YoY
62.6%
EPS (diluted)
$-0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
APPN
APPN
ASND
ASND
Q4 25
$202.9M
$267.3M
Q3 25
$187.0M
$230.7M
Q2 25
$170.6M
$170.7M
Q1 25
$166.4M
$109.0M
Q4 24
$166.7M
$187.8M
Q3 24
$154.1M
$62.5M
Q2 24
$146.4M
$38.9M
Q1 24
$149.8M
$103.6M
Net Profit
APPN
APPN
ASND
ASND
Q4 25
$-5.1M
Q3 25
$7.8M
$-65.9M
Q2 25
$-312.0K
$-42.0M
Q1 25
$-1.2M
$-102.2M
Q4 24
$-13.6M
Q3 24
$-2.1M
$-107.1M
Q2 24
$-43.6M
$-118.1M
Q1 24
$-32.9M
$-141.5M
Gross Margin
APPN
APPN
ASND
ASND
Q4 25
64.8%
90.5%
Q3 25
75.8%
89.5%
Q2 25
74.3%
80.1%
Q1 25
76.6%
82.6%
Q4 24
67.8%
91.9%
Q3 24
75.9%
80.6%
Q2 24
73.1%
68.2%
Q1 24
74.6%
92.1%
Operating Margin
APPN
APPN
ASND
ASND
Q4 25
-0.3%
Q3 25
7.0%
5.1%
Q2 25
-6.4%
-33.5%
Q1 25
-0.5%
-103.2%
Q4 24
3.0%
Q3 24
-4.6%
-167.3%
Q2 24
-26.8%
-370.2%
Q1 24
-13.0%
-51.2%
Net Margin
APPN
APPN
ASND
ASND
Q4 25
-2.5%
Q3 25
4.2%
-28.5%
Q2 25
-0.2%
-24.6%
Q1 25
-0.7%
-93.7%
Q4 24
-8.2%
Q3 24
-1.4%
-171.5%
Q2 24
-29.8%
-303.9%
Q1 24
-22.0%
-136.6%
EPS (diluted)
APPN
APPN
ASND
ASND
Q4 25
$-0.06
Q3 25
$0.10
Q2 25
$0.00
Q1 25
$-0.02
Q4 24
$-0.18
Q3 24
$-0.03
Q2 24
$-0.60
Q1 24
$-0.45

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APPN
APPN
ASND
ASND
Cash + ST InvestmentsLiquidity on hand
$187.2M
$665.3M
Total DebtLower is stronger
$240.8M
Stockholders' EquityBook value
$-47.0M
$-175.8M
Total Assets
$691.4M
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APPN
APPN
ASND
ASND
Q4 25
$187.2M
$665.3M
Q3 25
$191.6M
$582.2M
Q2 25
$184.8M
$533.6M
Q1 25
$199.7M
$559.4M
Q4 24
$159.9M
$604.3M
Q3 24
$99.2M
$675.6M
Q2 24
$120.8M
$279.4M
Q1 24
$170.1M
$345.9M
Total Debt
APPN
APPN
ASND
ASND
Q4 25
$240.8M
Q3 25
$245.7M
Q2 25
$245.6M
Q1 25
$248.0M
Q4 24
$250.4M
Q3 24
$252.8M
Q2 24
$254.0M
Q1 24
$255.1M
Stockholders' Equity
APPN
APPN
ASND
ASND
Q4 25
$-47.0M
$-175.8M
Q3 25
$-48.5M
$-188.0M
Q2 25
$-53.7M
$-202.6M
Q1 25
$-31.7M
$-205.0M
Q4 24
$-32.6M
$-114.2M
Q3 24
$-49.8M
$-105.1M
Q2 24
$-45.7M
$-346.8M
Q1 24
$-9.7M
$-257.2M
Total Assets
APPN
APPN
ASND
ASND
Q4 25
$691.4M
$1.4B
Q3 25
$611.7M
$1.2B
Q2 25
$590.7M
$1.2B
Q1 25
$592.9M
$1.1B
Q4 24
$621.0M
$1.3B
Q3 24
$549.9M
$1.2B
Q2 24
$554.6M
$819.0M
Q1 24
$595.4M
$866.7M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APPN
APPN
ASND
ASND
Operating Cash FlowLast quarter
$1.1M
$58.2M
Free Cash FlowOCF − Capex
$270.0K
FCF MarginFCF / Revenue
0.1%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$59.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APPN
APPN
ASND
ASND
Q4 25
$1.1M
$58.2M
Q3 25
$18.7M
Q2 25
$-1.9M
Q1 25
$45.0M
$-15.5M
Q4 24
$13.9M
$-330.7M
Q3 24
$-8.2M
Q2 24
$-17.6M
Q1 24
$18.9M
$-109.7M
Free Cash Flow
APPN
APPN
ASND
ASND
Q4 25
$270.0K
Q3 25
$18.1M
Q2 25
$-3.1M
Q1 25
$44.3M
Q4 24
$13.4M
Q3 24
$-8.6M
Q2 24
$-18.3M
Q1 24
$16.7M
FCF Margin
APPN
APPN
ASND
ASND
Q4 25
0.1%
Q3 25
9.7%
Q2 25
-1.8%
Q1 25
26.6%
Q4 24
8.0%
Q3 24
-5.6%
Q2 24
-12.5%
Q1 24
11.1%
Capex Intensity
APPN
APPN
ASND
ASND
Q4 25
0.4%
Q3 25
0.3%
Q2 25
0.7%
Q1 25
0.4%
Q4 24
0.3%
Q3 24
0.2%
Q2 24
0.5%
Q1 24
1.5%
Cash Conversion
APPN
APPN
ASND
ASND
Q4 25
Q3 25
2.39×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APPN
APPN

Subscriptions Software And Support$162.3M80%
Professional Services$40.6M20%

ASND
ASND

Segment breakdown not available.

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