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Side-by-side financial comparison of APPIAN CORP (APPN) and AMICUS THERAPEUTICS, INC. (FOLD). Click either name above to swap in a different company.

APPIAN CORP is the larger business by last-quarter revenue ($202.9M vs $185.2M, roughly 1.1× AMICUS THERAPEUTICS, INC.). AMICUS THERAPEUTICS, INC. runs the higher net margin — 0.9% vs -2.5%, a 3.4% gap on every dollar of revenue. On growth, AMICUS THERAPEUTICS, INC. posted the faster year-over-year revenue change (23.7% vs 21.7%). AMICUS THERAPEUTICS, INC. produced more free cash flow last quarter ($16.0M vs $270.0K). Over the past eight quarters, AMICUS THERAPEUTICS, INC.'s revenue compounded faster (29.5% 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.

Amicus Therapeutics, Inc. is a public American biopharmaceutical company based in Philadelphia, Pennsylvania. The company went public in 2007 under the Nasdaq trading symbol FOLD. This followed a 2006 planned offering and subsequent withdrawal, which would have established the trading symbol as AMTX Prior to their IPO, Amicus was funded by a variety of venture capital firms including Radius Ventures, Canaan Partners and New Enterprise Associates.

APPN vs FOLD — Head-to-Head

Bigger by revenue
APPN
APPN
1.1× larger
APPN
$202.9M
$185.2M
FOLD
Growing faster (revenue YoY)
FOLD
FOLD
+2.0% gap
FOLD
23.7%
21.7%
APPN
Higher net margin
FOLD
FOLD
3.4% more per $
FOLD
0.9%
-2.5%
APPN
More free cash flow
FOLD
FOLD
$15.7M more FCF
FOLD
$16.0M
$270.0K
APPN
Faster 2-yr revenue CAGR
FOLD
FOLD
Annualised
FOLD
29.5%
16.4%
APPN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APPN
APPN
FOLD
FOLD
Revenue
$202.9M
$185.2M
Net Profit
$-5.1M
$1.7M
Gross Margin
64.8%
85.7%
Operating Margin
-0.3%
8.6%
Net Margin
-2.5%
0.9%
Revenue YoY
21.7%
23.7%
Net Profit YoY
62.6%
-88.5%
EPS (diluted)
$-0.06
$0.00

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
FOLD
FOLD
Q4 25
$202.9M
$185.2M
Q3 25
$187.0M
$169.1M
Q2 25
$170.6M
$154.7M
Q1 25
$166.4M
$125.2M
Q4 24
$166.7M
$149.7M
Q3 24
$154.1M
$141.5M
Q2 24
$146.4M
$126.7M
Q1 24
$149.8M
$110.4M
Net Profit
APPN
APPN
FOLD
FOLD
Q4 25
$-5.1M
$1.7M
Q3 25
$7.8M
$17.3M
Q2 25
$-312.0K
$-24.4M
Q1 25
$-1.2M
$-21.7M
Q4 24
$-13.6M
$14.7M
Q3 24
$-2.1M
$-6.7M
Q2 24
$-43.6M
$-15.7M
Q1 24
$-32.9M
$-48.4M
Gross Margin
APPN
APPN
FOLD
FOLD
Q4 25
64.8%
85.7%
Q3 25
75.8%
88.5%
Q2 25
74.3%
90.2%
Q1 25
76.6%
90.7%
Q4 24
67.8%
90.1%
Q3 24
75.9%
90.6%
Q2 24
73.1%
91.1%
Q1 24
74.6%
87.7%
Operating Margin
APPN
APPN
FOLD
FOLD
Q4 25
-0.3%
8.6%
Q3 25
7.0%
20.3%
Q2 25
-6.4%
-6.1%
Q1 25
-0.5%
-6.3%
Q4 24
3.0%
10.7%
Q3 24
-4.6%
15.3%
Q2 24
-26.8%
11.8%
Q1 24
-13.0%
-25.1%
Net Margin
APPN
APPN
FOLD
FOLD
Q4 25
-2.5%
0.9%
Q3 25
4.2%
10.2%
Q2 25
-0.2%
-15.8%
Q1 25
-0.7%
-17.3%
Q4 24
-8.2%
9.8%
Q3 24
-1.4%
-4.8%
Q2 24
-29.8%
-12.4%
Q1 24
-22.0%
-43.9%
EPS (diluted)
APPN
APPN
FOLD
FOLD
Q4 25
$-0.06
$0.00
Q3 25
$0.10
$0.06
Q2 25
$0.00
$-0.08
Q1 25
$-0.02
$-0.07
Q4 24
$-0.18
$0.05
Q3 24
$-0.03
$-0.02
Q2 24
$-0.60
$-0.05
Q1 24
$-0.45
$-0.16

Balance Sheet & Financial Strength

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

Metric
APPN
APPN
FOLD
FOLD
Cash + ST InvestmentsLiquidity on hand
$187.2M
$293.5M
Total DebtLower is stronger
$240.8M
$392.7M
Stockholders' EquityBook value
$-47.0M
$274.2M
Total Assets
$691.4M
$949.9M
Debt / EquityLower = less leverage
1.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APPN
APPN
FOLD
FOLD
Q4 25
$187.2M
$293.5M
Q3 25
$191.6M
$263.8M
Q2 25
$184.8M
$231.0M
Q1 25
$199.7M
$250.6M
Q4 24
$159.9M
$249.9M
Q3 24
$99.2M
$249.8M
Q2 24
$120.8M
$260.1M
Q1 24
$170.1M
$239.6M
Total Debt
APPN
APPN
FOLD
FOLD
Q4 25
$240.8M
$392.7M
Q3 25
$245.7M
$392.0M
Q2 25
$245.6M
$391.3M
Q1 25
$248.0M
$390.7M
Q4 24
$250.4M
$390.1M
Q3 24
$252.8M
$389.5M
Q2 24
$254.0M
$388.9M
Q1 24
$255.1M
$388.4M
Stockholders' Equity
APPN
APPN
FOLD
FOLD
Q4 25
$-47.0M
$274.2M
Q3 25
$-48.5M
$230.4M
Q2 25
$-53.7M
$204.3M
Q1 25
$-31.7M
$193.6M
Q4 24
$-32.6M
$194.0M
Q3 24
$-49.8M
$178.8M
Q2 24
$-45.7M
$132.5M
Q1 24
$-9.7M
$130.7M
Total Assets
APPN
APPN
FOLD
FOLD
Q4 25
$691.4M
$949.9M
Q3 25
$611.7M
$868.8M
Q2 25
$590.7M
$815.3M
Q1 25
$592.9M
$789.8M
Q4 24
$621.0M
$785.0M
Q3 24
$549.9M
$786.6M
Q2 24
$554.6M
$749.5M
Q1 24
$595.4M
$721.8M
Debt / Equity
APPN
APPN
FOLD
FOLD
Q4 25
1.43×
Q3 25
1.70×
Q2 25
1.92×
Q1 25
2.02×
Q4 24
2.01×
Q3 24
2.18×
Q2 24
2.93×
Q1 24
2.97×

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
FOLD
FOLD
Operating Cash FlowLast quarter
$1.1M
$16.3M
Free Cash FlowOCF − Capex
$270.0K
$16.0M
FCF MarginFCF / Revenue
0.1%
8.6%
Capex IntensityCapex / Revenue
0.4%
0.2%
Cash ConversionOCF / Net Profit
9.62×
TTM Free Cash FlowTrailing 4 quarters
$59.6M
$29.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APPN
APPN
FOLD
FOLD
Q4 25
$1.1M
$16.3M
Q3 25
$18.7M
$35.7M
Q2 25
$-1.9M
$-26.5M
Q1 25
$45.0M
$7.8M
Q4 24
$13.9M
$-3.9M
Q3 24
$-8.2M
$-23.0M
Q2 24
$-17.6M
$22.7M
Q1 24
$18.9M
$-29.7M
Free Cash Flow
APPN
APPN
FOLD
FOLD
Q4 25
$270.0K
$16.0M
Q3 25
$18.1M
$35.3M
Q2 25
$-3.1M
$-28.9M
Q1 25
$44.3M
$7.5M
Q4 24
$13.4M
$-4.2M
Q3 24
$-8.6M
$-23.3M
Q2 24
$-18.3M
$21.6M
Q1 24
$16.7M
$-31.5M
FCF Margin
APPN
APPN
FOLD
FOLD
Q4 25
0.1%
8.6%
Q3 25
9.7%
20.9%
Q2 25
-1.8%
-18.7%
Q1 25
26.6%
6.0%
Q4 24
8.0%
-2.8%
Q3 24
-5.6%
-16.5%
Q2 24
-12.5%
17.0%
Q1 24
11.1%
-28.5%
Capex Intensity
APPN
APPN
FOLD
FOLD
Q4 25
0.4%
0.2%
Q3 25
0.3%
0.2%
Q2 25
0.7%
1.6%
Q1 25
0.4%
0.2%
Q4 24
0.3%
0.2%
Q3 24
0.2%
0.3%
Q2 24
0.5%
0.9%
Q1 24
1.5%
1.6%
Cash Conversion
APPN
APPN
FOLD
FOLD
Q4 25
9.62×
Q3 25
2.39×
2.06×
Q2 25
Q1 25
Q4 24
-0.27×
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%

FOLD
FOLD

Other$105.8M57%
Galafold$64.8M35%
Pombiliti Opfolda$14.6M8%

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