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Side-by-side financial comparison of APPIAN CORP (APPN) and ONITY GROUP INC. (ONIT). Click either name above to swap in a different company.

ONITY GROUP INC. is the larger business by last-quarter revenue ($290.0M vs $202.9M, roughly 1.4× APPIAN CORP). ONITY GROUP INC. runs the higher net margin — 43.9% vs -2.5%, a 46.4% gap on every dollar of revenue. On growth, ONITY GROUP INC. posted the faster year-over-year revenue change (29.0% vs 21.7%). APPIAN CORP produced more free cash flow last quarter ($270.0K vs $-750.9M). Over the past eight quarters, APPIAN CORP's revenue compounded faster (16.4% CAGR vs 10.1%).

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.

Onity Group, formerly Ocwen, is a provider of residential and commercial mortgage loan servicing, special servicing, and asset management services, which has been described as "debt collectors, collecting monthly principal and interest from homeowners". Ocwen was founded in 1988 and is headquartered in West Palm Beach, Florida, with additional offices in Mount Laurel, NJ, Rancho Cordova, California, and St. Croix, U.S. Virgin Islands. It also has support operations in the Philippines and Indi...

APPN vs ONIT — Head-to-Head

Bigger by revenue
ONIT
ONIT
1.4× larger
ONIT
$290.0M
$202.9M
APPN
Growing faster (revenue YoY)
ONIT
ONIT
+7.3% gap
ONIT
29.0%
21.7%
APPN
Higher net margin
ONIT
ONIT
46.4% more per $
ONIT
43.9%
-2.5%
APPN
More free cash flow
APPN
APPN
$751.2M more FCF
APPN
$270.0K
$-750.9M
ONIT
Faster 2-yr revenue CAGR
APPN
APPN
Annualised
APPN
16.4%
10.1%
ONIT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APPN
APPN
ONIT
ONIT
Revenue
$202.9M
$290.0M
Net Profit
$-5.1M
$127.2M
Gross Margin
64.8%
Operating Margin
-0.3%
Net Margin
-2.5%
43.9%
Revenue YoY
21.7%
29.0%
Net Profit YoY
62.6%
552.7%
EPS (diluted)
$-0.06
$14.53

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
ONIT
ONIT
Q4 25
$202.9M
$290.0M
Q3 25
$187.0M
$280.3M
Q2 25
$170.6M
$246.6M
Q1 25
$166.4M
$249.8M
Q4 24
$166.7M
$224.8M
Q3 24
$154.1M
$265.7M
Q2 24
$146.4M
$246.4M
Q1 24
$149.8M
$239.1M
Net Profit
APPN
APPN
ONIT
ONIT
Q4 25
$-5.1M
$127.2M
Q3 25
$7.8M
$18.7M
Q2 25
$-312.0K
$21.5M
Q1 25
$-1.2M
$22.1M
Q4 24
$-13.6M
$-28.1M
Q3 24
$-2.1M
$21.4M
Q2 24
$-43.6M
$10.5M
Q1 24
$-32.9M
$30.1M
Gross Margin
APPN
APPN
ONIT
ONIT
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 24
74.6%
Operating Margin
APPN
APPN
ONIT
ONIT
Q4 25
-0.3%
Q3 25
7.0%
Q2 25
-6.4%
Q1 25
-0.5%
3.6%
Q4 24
3.0%
-14.9%
Q3 24
-4.6%
10.4%
Q2 24
-26.8%
5.5%
Q1 24
-13.0%
13.3%
Net Margin
APPN
APPN
ONIT
ONIT
Q4 25
-2.5%
43.9%
Q3 25
4.2%
6.7%
Q2 25
-0.2%
8.7%
Q1 25
-0.7%
8.8%
Q4 24
-8.2%
-12.5%
Q3 24
-1.4%
8.1%
Q2 24
-29.8%
4.3%
Q1 24
-22.0%
12.6%
EPS (diluted)
APPN
APPN
ONIT
ONIT
Q4 25
$-0.06
$14.53
Q3 25
$0.10
$2.03
Q2 25
$0.00
$2.40
Q1 25
$-0.02
$2.50
Q4 24
$-0.18
$-3.59
Q3 24
$-0.03
$2.65
Q2 24
$-0.60
$1.33
Q1 24
$-0.45
$3.74

Balance Sheet & Financial Strength

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

Metric
APPN
APPN
ONIT
ONIT
Cash + ST InvestmentsLiquidity on hand
$187.2M
$180.5M
Total DebtLower is stronger
$240.8M
Stockholders' EquityBook value
$-47.0M
$627.9M
Total Assets
$691.4M
$16.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APPN
APPN
ONIT
ONIT
Q4 25
$187.2M
$180.5M
Q3 25
$191.6M
$172.8M
Q2 25
$184.8M
$194.3M
Q1 25
$199.7M
$178.0M
Q4 24
$159.9M
$184.8M
Q3 24
$99.2M
$201.6M
Q2 24
$120.8M
$203.1M
Q1 24
$170.1M
$185.1M
Total Debt
APPN
APPN
ONIT
ONIT
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
ONIT
ONIT
Q4 25
$-47.0M
$627.9M
Q3 25
$-48.5M
$501.4M
Q2 25
$-53.7M
$481.9M
Q1 25
$-31.7M
$460.2M
Q4 24
$-32.6M
$442.9M
Q3 24
$-49.8M
$468.2M
Q2 24
$-45.7M
$446.2M
Q1 24
$-9.7M
$432.1M
Total Assets
APPN
APPN
ONIT
ONIT
Q4 25
$691.4M
$16.2B
Q3 25
$611.7M
$16.1B
Q2 25
$590.7M
$16.5B
Q1 25
$592.9M
$16.3B
Q4 24
$621.0M
$16.4B
Q3 24
$549.9M
$13.2B
Q2 24
$554.6M
$13.1B
Q1 24
$595.4M
$13.1B

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
ONIT
ONIT
Operating Cash FlowLast quarter
$1.1M
$-748.0M
Free Cash FlowOCF − Capex
$270.0K
$-750.9M
FCF MarginFCF / Revenue
0.1%
-258.9%
Capex IntensityCapex / Revenue
0.4%
1.0%
Cash ConversionOCF / Net Profit
-5.88×
TTM Free Cash FlowTrailing 4 quarters
$59.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APPN
APPN
ONIT
ONIT
Q4 25
$1.1M
$-748.0M
Q3 25
$18.7M
$229.5M
Q2 25
$-1.9M
$-598.8M
Q1 25
$45.0M
$-148.1M
Q4 24
$13.9M
$-573.8M
Q3 24
$-8.2M
$19.2M
Q2 24
$-17.6M
$-77.9M
Q1 24
$18.9M
$-297.1M
Free Cash Flow
APPN
APPN
ONIT
ONIT
Q4 25
$270.0K
$-750.9M
Q3 25
$18.1M
$228.8M
Q2 25
$-3.1M
Q1 25
$44.3M
$-148.4M
Q4 24
$13.4M
$-574.6M
Q3 24
$-8.6M
$19.1M
Q2 24
$-18.3M
$-78.0M
Q1 24
$16.7M
$-297.2M
FCF Margin
APPN
APPN
ONIT
ONIT
Q4 25
0.1%
-258.9%
Q3 25
9.7%
81.6%
Q2 25
-1.8%
Q1 25
26.6%
-59.4%
Q4 24
8.0%
-255.6%
Q3 24
-5.6%
7.2%
Q2 24
-12.5%
-31.7%
Q1 24
11.1%
-124.3%
Capex Intensity
APPN
APPN
ONIT
ONIT
Q4 25
0.4%
1.0%
Q3 25
0.3%
0.2%
Q2 25
0.7%
0.0%
Q1 25
0.4%
0.1%
Q4 24
0.3%
0.4%
Q3 24
0.2%
0.0%
Q2 24
0.5%
0.0%
Q1 24
1.5%
0.0%
Cash Conversion
APPN
APPN
ONIT
ONIT
Q4 25
-5.88×
Q3 25
2.39×
12.27×
Q2 25
-27.85×
Q1 25
-6.70×
Q4 24
Q3 24
0.90×
Q2 24
-7.42×
Q1 24
-9.87×

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%

ONIT
ONIT

Segment breakdown not available.

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