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Side-by-side financial comparison of APPIAN CORP (APPN) and Eastern Bankshares, Inc. (EBC). Click either name above to swap in a different company.
Eastern Bankshares, Inc. is the larger business by last-quarter revenue ($295.9M vs $202.9M, roughly 1.5× APPIAN CORP). Eastern Bankshares, Inc. runs the higher net margin — 22.1% vs -2.5%, a 24.6% gap on every dollar of revenue. On growth, Eastern Bankshares, Inc. posted the faster year-over-year revenue change (710.6% vs 21.7%). Over the past eight quarters, Eastern Bankshares, Inc.'s revenue compounded faster (38.6% 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.
Eastern Bank is a bank based in Boston, Massachusetts. Before de-mutualizing in 2020, it was the oldest and largest mutual bank in the United States and the largest community bank in Massachusetts.
APPN vs EBC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $202.9M | $295.9M |
| Net Profit | $-5.1M | $65.3M |
| Gross Margin | 64.8% | — |
| Operating Margin | -0.3% | — |
| Net Margin | -2.5% | 22.1% |
| Revenue YoY | 21.7% | 710.6% |
| Net Profit YoY | 62.6% | -34.4% |
| EPS (diluted) | $-0.06 | $0.29 |
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.
| Q1 26 | — | $295.9M | ||
| Q4 25 | $202.9M | $37.5M | ||
| Q3 25 | $187.0M | $241.5M | ||
| Q2 25 | $170.6M | $244.9M | ||
| Q1 25 | $166.4M | $31.1M | ||
| Q4 24 | $166.7M | $216.5M | ||
| Q3 24 | $154.1M | $203.4M | ||
| Q2 24 | $146.4M | $154.0M |
| Q1 26 | — | $65.3M | ||
| Q4 25 | $-5.1M | $99.5M | ||
| Q3 25 | $7.8M | $106.1M | ||
| Q2 25 | $-312.0K | $100.2M | ||
| Q1 25 | $-1.2M | $-217.7M | ||
| Q4 24 | $-13.6M | $60.8M | ||
| Q3 24 | $-2.1M | $-6.2M | ||
| Q2 24 | $-43.6M | $26.3M |
| 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% | — |
| Q1 26 | — | — | ||
| Q4 25 | -0.3% | — | ||
| Q3 25 | 7.0% | 38.9% | ||
| Q2 25 | -6.4% | 41.0% | ||
| Q1 25 | -0.5% | -590.9% | ||
| Q4 24 | 3.0% | 33.3% | ||
| Q3 24 | -4.6% | -1.6% | ||
| Q2 24 | -26.8% | 24.7% |
| Q1 26 | — | 22.1% | ||
| Q4 25 | -2.5% | 265.6% | ||
| Q3 25 | 4.2% | 44.0% | ||
| Q2 25 | -0.2% | 40.9% | ||
| Q1 25 | -0.7% | -699.2% | ||
| Q4 24 | -8.2% | 28.1% | ||
| Q3 24 | -1.4% | -3.0% | ||
| Q2 24 | -29.8% | 17.1% |
| Q1 26 | — | $0.29 | ||
| Q4 25 | $-0.06 | $0.48 | ||
| Q3 25 | $0.10 | $0.53 | ||
| Q2 25 | $0.00 | $0.50 | ||
| Q1 25 | $-0.02 | $-1.08 | ||
| Q4 24 | $-0.18 | $0.29 | ||
| Q3 24 | $-0.03 | $-0.03 | ||
| Q2 24 | $-0.60 | $0.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $187.2M | $551.7M |
| Total DebtLower is stronger | $240.8M | — |
| Stockholders' EquityBook value | $-47.0M | $4.3B |
| Total Assets | $691.4M | $30.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $551.7M | ||
| Q4 25 | $187.2M | $507.6M | ||
| Q3 25 | $191.6M | $703.4M | ||
| Q2 25 | $184.8M | $948.3M | ||
| Q1 25 | $199.7M | $609.0M | ||
| Q4 24 | $159.9M | $1.9B | ||
| Q3 24 | $99.2M | $1.7B | ||
| Q2 24 | $120.8M | $1.4B |
| Q1 26 | — | — | ||
| 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 26 | — | $4.3B | ||
| Q4 25 | $-47.0M | $4.3B | ||
| Q3 25 | $-48.5M | $3.8B | ||
| Q2 25 | $-53.7M | $3.7B | ||
| Q1 25 | $-31.7M | $3.6B | ||
| Q4 24 | $-32.6M | $3.6B | ||
| Q3 24 | $-49.8M | $3.7B | ||
| Q2 24 | $-45.7M | $3.0B |
| Q1 26 | — | $30.6B | ||
| Q4 25 | $691.4M | $30.6B | ||
| Q3 25 | $611.7M | $25.5B | ||
| Q2 25 | $590.7M | $25.5B | ||
| Q1 25 | $592.9M | $25.0B | ||
| Q4 24 | $621.0M | $25.6B | ||
| Q3 24 | $549.9M | $25.5B | ||
| Q2 24 | $554.6M | $21.0B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.1M | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $1.1M | $432.4M | ||
| Q3 25 | $18.7M | $157.1M | ||
| Q2 25 | $-1.9M | $123.9M | ||
| Q1 25 | $45.0M | $47.3M | ||
| Q4 24 | $13.9M | $283.8M | ||
| Q3 24 | $-8.2M | $108.3M | ||
| Q2 24 | $-17.6M | $54.3M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | — | 4.35× | ||
| Q3 25 | 2.39× | 1.48× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 4.67× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 2.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APPN
| Subscriptions Software And Support | $162.3M | 80% |
| Professional Services | $40.6M | 20% |
EBC
Segment breakdown not available.
