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Side-by-side financial comparison of APPIAN CORP (APPN) and GLOBAL INDUSTRIAL Co (GIC). Click either name above to swap in a different company.

GLOBAL INDUSTRIAL Co is the larger business by last-quarter revenue ($345.6M vs $202.9M, roughly 1.7× APPIAN CORP). GLOBAL INDUSTRIAL Co runs the higher net margin — 4.2% vs -2.5%, a 6.7% gap on every dollar of revenue. On growth, APPIAN CORP posted the faster year-over-year revenue change (21.7% vs 14.3%). GLOBAL INDUSTRIAL Co produced more free cash flow last quarter ($19.2M vs $270.0K). Over the past eight quarters, APPIAN CORP's revenue compounded faster (16.4% CAGR vs 3.4%).

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.

Global Industrial Company is a Port Washington, New York–based company providing industrial and MRO products through a system of branded e-Commerce websites and relationship marketers in North America. The primary brand is Global Industrial.

APPN vs GIC — Head-to-Head

Bigger by revenue
GIC
GIC
1.7× larger
GIC
$345.6M
$202.9M
APPN
Growing faster (revenue YoY)
APPN
APPN
+7.4% gap
APPN
21.7%
14.3%
GIC
Higher net margin
GIC
GIC
6.7% more per $
GIC
4.2%
-2.5%
APPN
More free cash flow
GIC
GIC
$18.9M more FCF
GIC
$19.2M
$270.0K
APPN
Faster 2-yr revenue CAGR
APPN
APPN
Annualised
APPN
16.4%
3.4%
GIC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APPN
APPN
GIC
GIC
Revenue
$202.9M
$345.6M
Net Profit
$-5.1M
$14.6M
Gross Margin
64.8%
34.5%
Operating Margin
-0.3%
5.7%
Net Margin
-2.5%
4.2%
Revenue YoY
21.7%
14.3%
Net Profit YoY
62.6%
36.4%
EPS (diluted)
$-0.06
$0.37

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
GIC
GIC
Q4 25
$202.9M
$345.6M
Q3 25
$187.0M
$353.6M
Q2 25
$170.6M
$358.9M
Q1 25
$166.4M
$321.0M
Q4 24
$166.7M
$302.3M
Q3 24
$154.1M
$342.4M
Q2 24
$146.4M
$347.8M
Q1 24
$149.8M
$323.4M
Net Profit
APPN
APPN
GIC
GIC
Q4 25
$-5.1M
$14.6M
Q3 25
$7.8M
$18.8M
Q2 25
$-312.0K
$25.1M
Q1 25
$-1.2M
$13.6M
Q4 24
$-13.6M
$10.7M
Q3 24
$-2.1M
$16.8M
Q2 24
$-43.6M
$20.3M
Q1 24
$-32.9M
$13.2M
Gross Margin
APPN
APPN
GIC
GIC
Q4 25
64.8%
34.5%
Q3 25
75.8%
35.6%
Q2 25
74.3%
37.1%
Q1 25
76.6%
34.9%
Q4 24
67.8%
33.8%
Q3 24
75.9%
34.0%
Q2 24
73.1%
35.2%
Q1 24
74.6%
34.3%
Operating Margin
APPN
APPN
GIC
GIC
Q4 25
-0.3%
5.7%
Q3 25
7.0%
7.4%
Q2 25
-6.4%
9.3%
Q1 25
-0.5%
5.7%
Q4 24
3.0%
4.8%
Q3 24
-4.6%
6.5%
Q2 24
-26.8%
7.6%
Q1 24
-13.0%
5.4%
Net Margin
APPN
APPN
GIC
GIC
Q4 25
-2.5%
4.2%
Q3 25
4.2%
5.3%
Q2 25
-0.2%
7.0%
Q1 25
-0.7%
4.2%
Q4 24
-8.2%
3.5%
Q3 24
-1.4%
4.9%
Q2 24
-29.8%
5.8%
Q1 24
-22.0%
4.1%
EPS (diluted)
APPN
APPN
GIC
GIC
Q4 25
$-0.06
$0.37
Q3 25
$0.10
$0.48
Q2 25
$0.00
$0.65
Q1 25
$-0.02
$0.35
Q4 24
$-0.18
$0.28
Q3 24
$-0.03
$0.44
Q2 24
$-0.60
$0.52
Q1 24
$-0.45
$0.34

Balance Sheet & Financial Strength

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

Metric
APPN
APPN
GIC
GIC
Cash + ST InvestmentsLiquidity on hand
$187.2M
$67.5M
Total DebtLower is stronger
$240.8M
Stockholders' EquityBook value
$-47.0M
$313.2M
Total Assets
$691.4M
$580.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APPN
APPN
GIC
GIC
Q4 25
$187.2M
$67.5M
Q3 25
$191.6M
$67.2M
Q2 25
$184.8M
$55.1M
Q1 25
$199.7M
$39.0M
Q4 24
$159.9M
$44.6M
Q3 24
$99.2M
$38.9M
Q2 24
$120.8M
$38.8M
Q1 24
$170.1M
$29.9M
Total Debt
APPN
APPN
GIC
GIC
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
GIC
GIC
Q4 25
$-47.0M
$313.2M
Q3 25
$-48.5M
$316.0M
Q2 25
$-53.7M
$305.2M
Q1 25
$-31.7M
$287.9M
Q4 24
$-32.6M
$281.1M
Q3 24
$-49.8M
$279.2M
Q2 24
$-45.7M
$270.4M
Q1 24
$-9.7M
$260.2M
Total Assets
APPN
APPN
GIC
GIC
Q4 25
$691.4M
$580.8M
Q3 25
$611.7M
$602.5M
Q2 25
$590.7M
$586.5M
Q1 25
$592.9M
$536.7M
Q4 24
$621.0M
$520.7M
Q3 24
$549.9M
$531.6M
Q2 24
$554.6M
$542.5M
Q1 24
$595.4M
$517.4M

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
GIC
GIC
Operating Cash FlowLast quarter
$1.1M
$20.0M
Free Cash FlowOCF − Capex
$270.0K
$19.2M
FCF MarginFCF / Revenue
0.1%
5.6%
Capex IntensityCapex / Revenue
0.4%
0.2%
Cash ConversionOCF / Net Profit
1.37×
TTM Free Cash FlowTrailing 4 quarters
$59.6M
$74.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APPN
APPN
GIC
GIC
Q4 25
$1.1M
$20.0M
Q3 25
$18.7M
$22.7M
Q2 25
$-1.9M
$31.7M
Q1 25
$45.0M
$3.4M
Q4 24
$13.9M
$15.9M
Q3 24
$-8.2M
$9.6M
Q2 24
$-17.6M
$18.8M
Q1 24
$18.9M
$6.4M
Free Cash Flow
APPN
APPN
GIC
GIC
Q4 25
$270.0K
$19.2M
Q3 25
$18.1M
$22.0M
Q2 25
$-3.1M
$30.3M
Q1 25
$44.3M
$3.2M
Q4 24
$13.4M
$15.2M
Q3 24
$-8.6M
$8.7M
Q2 24
$-18.3M
$17.9M
Q1 24
$16.7M
$5.1M
FCF Margin
APPN
APPN
GIC
GIC
Q4 25
0.1%
5.6%
Q3 25
9.7%
6.2%
Q2 25
-1.8%
8.4%
Q1 25
26.6%
1.0%
Q4 24
8.0%
5.0%
Q3 24
-5.6%
2.5%
Q2 24
-12.5%
5.1%
Q1 24
11.1%
1.6%
Capex Intensity
APPN
APPN
GIC
GIC
Q4 25
0.4%
0.2%
Q3 25
0.3%
0.2%
Q2 25
0.7%
0.4%
Q1 25
0.4%
0.1%
Q4 24
0.3%
0.2%
Q3 24
0.2%
0.3%
Q2 24
0.5%
0.3%
Q1 24
1.5%
0.4%
Cash Conversion
APPN
APPN
GIC
GIC
Q4 25
1.37×
Q3 25
2.39×
1.21×
Q2 25
1.26×
Q1 25
0.25×
Q4 24
1.49×
Q3 24
0.57×
Q2 24
0.93×
Q1 24
0.48×

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%

GIC
GIC

Segment breakdown not available.

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