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Side-by-side financial comparison of APPIAN CORP (APPN) and OLAPLEX HOLDINGS, INC. (OLPX). Click either name above to swap in a different company.
APPIAN CORP is the larger business by last-quarter revenue ($202.9M vs $105.1M, roughly 1.9× OLAPLEX HOLDINGS, INC.). APPIAN CORP runs the higher net margin — -2.5% vs -12.5%, a 9.9% gap on every dollar of revenue. On growth, APPIAN CORP posted the faster year-over-year revenue change (21.7% vs 4.3%). OLAPLEX HOLDINGS, INC. produced more free cash flow last quarter ($32.6M vs $270.0K). Over the past eight quarters, APPIAN CORP's revenue compounded faster (16.4% CAGR vs 3.1%).
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.
Olaplex Holdings, Inc. is a specialty beauty company developing and selling patented bond-repair hair care products. It runs three core segments: professional salon distribution, direct-to-consumer sales, and third-party retail, serving customers across North America, Europe, and Asia-Pacific with products that repair and protect damaged hair.
APPN vs OLPX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $202.9M | $105.1M |
| Net Profit | $-5.1M | $-13.1M |
| Gross Margin | 64.8% | 68.0% |
| Operating Margin | -0.3% | -4.3% |
| Net Margin | -2.5% | -12.5% |
| Revenue YoY | 21.7% | 4.3% |
| Net Profit YoY | 62.6% | -48.9% |
| EPS (diluted) | $-0.06 | $-0.02 |
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.
| Q4 25 | $202.9M | $105.1M | ||
| Q3 25 | $187.0M | $114.6M | ||
| Q2 25 | $170.6M | $106.3M | ||
| Q1 25 | $166.4M | $97.0M | ||
| Q4 24 | $166.7M | $100.7M | ||
| Q3 24 | $154.1M | $119.1M | ||
| Q2 24 | $146.4M | $103.9M | ||
| Q1 24 | $149.8M | $98.9M |
| Q4 25 | $-5.1M | $-13.1M | ||
| Q3 25 | $7.8M | $11.1M | ||
| Q2 25 | $-312.0K | $-7.7M | ||
| Q1 25 | $-1.2M | $465.0K | ||
| Q4 24 | $-13.6M | $-8.8M | ||
| Q3 24 | $-2.1M | $14.8M | ||
| Q2 24 | $-43.6M | $5.8M | ||
| Q1 24 | $-32.9M | $7.7M |
| Q4 25 | 64.8% | 68.0% | ||
| Q3 25 | 75.8% | 69.1% | ||
| Q2 25 | 74.3% | 71.2% | ||
| Q1 25 | 76.6% | 69.5% | ||
| Q4 24 | 67.8% | 66.3% | ||
| Q3 24 | 75.9% | 68.6% | ||
| Q2 24 | 73.1% | 69.7% | ||
| Q1 24 | 74.6% | 72.1% |
| Q4 25 | -0.3% | -4.3% | ||
| Q3 25 | 7.0% | 3.7% | ||
| Q2 25 | -6.4% | -1.1% | ||
| Q1 25 | -0.5% | 8.7% | ||
| Q4 24 | 3.0% | 3.0% | ||
| Q3 24 | -4.6% | 23.5% | ||
| Q2 24 | -26.8% | 15.7% | ||
| Q1 24 | -13.0% | 19.8% |
| Q4 25 | -2.5% | -12.5% | ||
| Q3 25 | 4.2% | 9.7% | ||
| Q2 25 | -0.2% | -7.3% | ||
| Q1 25 | -0.7% | 0.5% | ||
| Q4 24 | -8.2% | -8.7% | ||
| Q3 24 | -1.4% | 12.4% | ||
| Q2 24 | -29.8% | 5.6% | ||
| Q1 24 | -22.0% | 7.8% |
| Q4 25 | $-0.06 | $-0.02 | ||
| Q3 25 | $0.10 | $0.02 | ||
| Q2 25 | $0.00 | $-0.01 | ||
| Q1 25 | $-0.02 | $0.00 | ||
| Q4 24 | $-0.18 | $-0.01 | ||
| Q3 24 | $-0.03 | $0.02 | ||
| Q2 24 | $-0.60 | $0.01 | ||
| Q1 24 | $-0.45 | $0.01 |
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 | $318.7M |
| Total DebtLower is stronger | $240.8M | $352.3M |
| Stockholders' EquityBook value | $-47.0M | $879.4M |
| Total Assets | $691.4M | $1.5B |
| Debt / EquityLower = less leverage | — | 0.40× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $187.2M | $318.7M | ||
| Q3 25 | $191.6M | $286.4M | ||
| Q2 25 | $184.8M | $289.3M | ||
| Q1 25 | $199.7M | $580.9M | ||
| Q4 24 | $159.9M | $586.0M | ||
| Q3 24 | $99.2M | $538.8M | ||
| Q2 24 | $120.8M | $507.9M | ||
| Q1 24 | $170.1M | $507.5M |
| Q4 25 | $240.8M | $352.3M | ||
| Q3 25 | $245.7M | $352.1M | ||
| Q2 25 | $245.6M | $351.9M | ||
| Q1 25 | $248.0M | $649.1M | ||
| Q4 24 | $250.4M | $650.5M | ||
| Q3 24 | $252.8M | $651.8M | ||
| Q2 24 | $254.0M | $653.1M | ||
| Q1 24 | $255.1M | $654.4M |
| Q4 25 | $-47.0M | $879.4M | ||
| Q3 25 | $-48.5M | $888.7M | ||
| Q2 25 | $-53.7M | $874.2M | ||
| Q1 25 | $-31.7M | $878.3M | ||
| Q4 24 | $-32.6M | $874.4M | ||
| Q3 24 | $-49.8M | $879.7M | ||
| Q2 24 | $-45.7M | $863.3M | ||
| Q1 24 | $-9.7M | $855.7M |
| Q4 25 | $691.4M | $1.5B | ||
| Q3 25 | $611.7M | $1.5B | ||
| Q2 25 | $590.7M | $1.5B | ||
| Q1 25 | $592.9M | $1.8B | ||
| Q4 24 | $621.0M | $1.8B | ||
| Q3 24 | $549.9M | $1.8B | ||
| Q2 24 | $554.6M | $1.8B | ||
| Q1 24 | $595.4M | $1.8B |
| Q4 25 | — | 0.40× | ||
| Q3 25 | — | 0.40× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.74× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.74× | ||
| Q2 24 | — | 0.76× | ||
| Q1 24 | — | 0.76× |
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 | $32.7M |
| Free Cash FlowOCF − Capex | $270.0K | $32.6M |
| FCF MarginFCF / Revenue | 0.1% | 31.0% |
| Capex IntensityCapex / Revenue | 0.4% | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $59.6M | $58.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1M | $32.7M | ||
| Q3 25 | $18.7M | $8.0M | ||
| Q2 25 | $-1.9M | $20.9M | ||
| Q1 25 | $45.0M | $-2.9M | ||
| Q4 24 | $13.9M | $49.7M | ||
| Q3 24 | $-8.2M | $33.5M | ||
| Q2 24 | $-17.6M | $16.2M | ||
| Q1 24 | $18.9M | $43.7M |
| Q4 25 | $270.0K | $32.6M | ||
| Q3 25 | $18.1M | $7.9M | ||
| Q2 25 | $-3.1M | $20.8M | ||
| Q1 25 | $44.3M | $-3.0M | ||
| Q4 24 | $13.4M | $49.2M | ||
| Q3 24 | $-8.6M | $33.3M | ||
| Q2 24 | $-18.3M | $16.1M | ||
| Q1 24 | $16.7M | $43.3M |
| Q4 25 | 0.1% | 31.0% | ||
| Q3 25 | 9.7% | 6.9% | ||
| Q2 25 | -1.8% | 19.6% | ||
| Q1 25 | 26.6% | -3.1% | ||
| Q4 24 | 8.0% | 48.9% | ||
| Q3 24 | -5.6% | 28.0% | ||
| Q2 24 | -12.5% | 15.5% | ||
| Q1 24 | 11.1% | 43.7% |
| Q4 25 | 0.4% | 0.1% | ||
| Q3 25 | 0.3% | 0.1% | ||
| Q2 25 | 0.7% | 0.1% | ||
| Q1 25 | 0.4% | 0.0% | ||
| Q4 24 | 0.3% | 0.4% | ||
| Q3 24 | 0.2% | 0.1% | ||
| Q2 24 | 0.5% | 0.1% | ||
| Q1 24 | 1.5% | 0.5% |
| Q4 25 | — | — | ||
| Q3 25 | 2.39× | 0.72× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -6.27× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.26× | ||
| Q2 24 | — | 2.81× | ||
| Q1 24 | — | 5.64× |
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% |
OLPX
| Sales Channel Directly To Consumer | $43.6M | 42% |
| Sales Channel Through Intermediary Professional | $36.8M | 35% |
| Sales Channel Through Intermediary Specialty Retail | $24.7M | 23% |
