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Side-by-side financial comparison of APPIAN CORP (APPN) and California Resources Corp (CRC). Click either name above to swap in a different company.

APPIAN CORP is the larger business by last-quarter revenue ($202.9M vs $119.0M, roughly 1.7× California Resources Corp). APPIAN CORP produced more free cash flow last quarter ($270.0K vs $-32.0M). Over the past eight quarters, APPIAN CORP's revenue compounded faster (16.4% CAGR vs -46.3%).

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.

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

APPN vs CRC — Head-to-Head

Bigger by revenue
APPN
APPN
1.7× larger
APPN
$202.9M
$119.0M
CRC
More free cash flow
APPN
APPN
$32.3M more FCF
APPN
$270.0K
$-32.0M
CRC
Faster 2-yr revenue CAGR
APPN
APPN
Annualised
APPN
16.4%
-46.3%
CRC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
APPN
APPN
CRC
CRC
Revenue
$202.9M
$119.0M
Net Profit
$-5.1M
Gross Margin
64.8%
Operating Margin
-0.3%
-597.5%
Net Margin
-2.5%
Revenue YoY
21.7%
Net Profit YoY
62.6%
EPS (diluted)
$-0.06
$-8.02

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
CRC
CRC
Q1 26
$119.0M
Q4 25
$202.9M
$679.0M
Q3 25
$187.0M
$715.0M
Q2 25
$170.6M
$702.0M
Q1 25
$166.4M
$814.0M
Q4 24
$166.7M
$826.0M
Q3 24
$154.1M
$870.0M
Q2 24
$146.4M
$412.0M
Net Profit
APPN
APPN
CRC
CRC
Q1 26
Q4 25
$-5.1M
$12.0M
Q3 25
$7.8M
$64.0M
Q2 25
$-312.0K
$172.0M
Q1 25
$-1.2M
$115.0M
Q4 24
$-13.6M
$33.0M
Q3 24
$-2.1M
$345.0M
Q2 24
$-43.6M
$8.0M
Gross Margin
APPN
APPN
CRC
CRC
Q1 26
Q4 25
64.8%
Q3 25
75.8%
Q2 25
74.3%
Q1 25
76.6%
Q4 24
67.8%
Q3 24
75.9%
Q2 24
73.1%
Operating Margin
APPN
APPN
CRC
CRC
Q1 26
-597.5%
Q4 25
-0.3%
6.9%
Q3 25
7.0%
13.7%
Q2 25
-6.4%
38.0%
Q1 25
-0.5%
22.9%
Q4 24
3.0%
8.2%
Q3 24
-4.6%
59.5%
Q2 24
-26.8%
9.2%
Net Margin
APPN
APPN
CRC
CRC
Q1 26
Q4 25
-2.5%
1.8%
Q3 25
4.2%
9.0%
Q2 25
-0.2%
24.5%
Q1 25
-0.7%
14.1%
Q4 24
-8.2%
4.0%
Q3 24
-1.4%
39.7%
Q2 24
-29.8%
1.9%
EPS (diluted)
APPN
APPN
CRC
CRC
Q1 26
$-8.02
Q4 25
$-0.06
$0.21
Q3 25
$0.10
$0.76
Q2 25
$0.00
$1.92
Q1 25
$-0.02
$1.26
Q4 24
$-0.18
$0.87
Q3 24
$-0.03
$3.78
Q2 24
$-0.60
$0.11

Balance Sheet & Financial Strength

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

Metric
APPN
APPN
CRC
CRC
Cash + ST InvestmentsLiquidity on hand
$187.2M
Total DebtLower is stronger
$240.8M
Stockholders' EquityBook value
$-47.0M
$2.9B
Total Assets
$691.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APPN
APPN
CRC
CRC
Q1 26
Q4 25
$187.2M
$132.0M
Q3 25
$191.6M
$196.0M
Q2 25
$184.8M
$72.0M
Q1 25
$199.7M
$214.0M
Q4 24
$159.9M
$372.0M
Q3 24
$99.2M
$241.0M
Q2 24
$120.8M
$1.0B
Total Debt
APPN
APPN
CRC
CRC
Q1 26
Q4 25
$240.8M
Q3 25
$245.7M
$1.0B
Q2 25
$245.6M
$1.0B
Q1 25
$248.0M
$1.0B
Q4 24
$250.4M
$1.1B
Q3 24
$252.8M
$1.1B
Q2 24
$254.0M
$1.2B
Stockholders' Equity
APPN
APPN
CRC
CRC
Q1 26
$2.9B
Q4 25
$-47.0M
$3.7B
Q3 25
$-48.5M
$3.4B
Q2 25
$-53.7M
$3.4B
Q1 25
$-31.7M
$3.5B
Q4 24
$-32.6M
$3.5B
Q3 24
$-49.8M
$3.5B
Q2 24
$-45.7M
$2.1B
Total Assets
APPN
APPN
CRC
CRC
Q1 26
Q4 25
$691.4M
$7.4B
Q3 25
$611.7M
$6.8B
Q2 25
$590.7M
$6.7B
Q1 25
$592.9M
$6.8B
Q4 24
$621.0M
$7.1B
Q3 24
$549.9M
$7.1B
Q2 24
$554.6M
$4.5B
Debt / Equity
APPN
APPN
CRC
CRC
Q1 26
Q4 25
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.57×

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
CRC
CRC
Operating Cash FlowLast quarter
$1.1M
$99.0M
Free Cash FlowOCF − Capex
$270.0K
$-32.0M
FCF MarginFCF / Revenue
0.1%
-26.9%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$59.6M
$380.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APPN
APPN
CRC
CRC
Q1 26
$99.0M
Q4 25
$1.1M
$235.0M
Q3 25
$18.7M
$279.0M
Q2 25
$-1.9M
$165.0M
Q1 25
$45.0M
$186.0M
Q4 24
$13.9M
$206.0M
Q3 24
$-8.2M
$220.0M
Q2 24
$-17.6M
$97.0M
Free Cash Flow
APPN
APPN
CRC
CRC
Q1 26
$-32.0M
Q4 25
$270.0K
$115.0M
Q3 25
$18.1M
$188.0M
Q2 25
$-3.1M
$109.0M
Q1 25
$44.3M
$131.0M
Q4 24
$13.4M
$118.0M
Q3 24
$-8.6M
$141.0M
Q2 24
$-18.3M
$63.0M
FCF Margin
APPN
APPN
CRC
CRC
Q1 26
-26.9%
Q4 25
0.1%
16.9%
Q3 25
9.7%
26.3%
Q2 25
-1.8%
15.5%
Q1 25
26.6%
16.1%
Q4 24
8.0%
14.3%
Q3 24
-5.6%
16.2%
Q2 24
-12.5%
15.3%
Capex Intensity
APPN
APPN
CRC
CRC
Q1 26
Q4 25
0.4%
17.7%
Q3 25
0.3%
12.7%
Q2 25
0.7%
8.0%
Q1 25
0.4%
6.8%
Q4 24
0.3%
10.7%
Q3 24
0.2%
9.1%
Q2 24
0.5%
8.3%
Cash Conversion
APPN
APPN
CRC
CRC
Q1 26
Q4 25
19.58×
Q3 25
2.39×
4.36×
Q2 25
0.96×
Q1 25
1.62×
Q4 24
6.24×
Q3 24
0.64×
Q2 24
12.13×

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%

CRC
CRC

Segment breakdown not available.

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