vs
Side-by-side financial comparison of APPIAN CORP (APPN) and ONESPAWORLD HOLDINGS Ltd (OSW). Click either name above to swap in a different company.
ONESPAWORLD HOLDINGS Ltd is the larger business by last-quarter revenue ($242.1M vs $202.9M, roughly 1.2× APPIAN CORP). ONESPAWORLD HOLDINGS Ltd runs the higher net margin — 5.0% vs -2.5%, a 7.5% gap on every dollar of revenue. On growth, APPIAN CORP posted the faster year-over-year revenue change (21.7% vs 11.5%). ONESPAWORLD HOLDINGS Ltd produced more free cash flow last quarter ($14.9M vs $270.0K). Over the past eight quarters, APPIAN CORP's revenue compounded faster (16.4% CAGR vs 7.1%).
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.
APPN vs OSW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $202.9M | $242.1M |
| Net Profit | $-5.1M | $12.1M |
| Gross Margin | 64.8% | — |
| Operating Margin | -0.3% | 6.8% |
| Net Margin | -2.5% | 5.0% |
| Revenue YoY | 21.7% | 11.5% |
| Net Profit YoY | 62.6% | -16.2% |
| EPS (diluted) | $-0.06 | $0.12 |
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 | $242.1M | ||
| Q3 25 | $187.0M | $258.5M | ||
| Q2 25 | $170.6M | $240.7M | ||
| Q1 25 | $166.4M | $219.6M | ||
| Q4 24 | $166.7M | $217.2M | ||
| Q3 24 | $154.1M | $241.7M | ||
| Q2 24 | $146.4M | $224.9M | ||
| Q1 24 | $149.8M | $211.2M |
| Q4 25 | $-5.1M | $12.1M | ||
| Q3 25 | $7.8M | $24.3M | ||
| Q2 25 | $-312.0K | $19.9M | ||
| Q1 25 | $-1.2M | $15.3M | ||
| Q4 24 | $-13.6M | $14.4M | ||
| Q3 24 | $-2.1M | $21.6M | ||
| Q2 24 | $-43.6M | $15.8M | ||
| Q1 24 | $-32.9M | $21.2M |
| 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% | — |
| Q4 25 | -0.3% | 6.8% | ||
| Q3 25 | 7.0% | 10.2% | ||
| Q2 25 | -6.4% | 9.2% | ||
| Q1 25 | -0.5% | 7.7% | ||
| Q4 24 | 3.0% | 7.9% | ||
| Q3 24 | -4.6% | 10.3% | ||
| Q2 24 | -26.8% | 8.4% | ||
| Q1 24 | -13.0% | 8.0% |
| Q4 25 | -2.5% | 5.0% | ||
| Q3 25 | 4.2% | 9.4% | ||
| Q2 25 | -0.2% | 8.3% | ||
| Q1 25 | -0.7% | 7.0% | ||
| Q4 24 | -8.2% | 6.6% | ||
| Q3 24 | -1.4% | 8.9% | ||
| Q2 24 | -29.8% | 7.0% | ||
| Q1 24 | -22.0% | 10.0% |
| Q4 25 | $-0.06 | $0.12 | ||
| Q3 25 | $0.10 | $0.23 | ||
| Q2 25 | $0.00 | $0.19 | ||
| Q1 25 | $-0.02 | $0.15 | ||
| Q4 24 | $-0.18 | $0.13 | ||
| Q3 24 | $-0.03 | $0.20 | ||
| Q2 24 | $-0.60 | $0.15 | ||
| Q1 24 | $-0.45 | $0.21 |
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 | $16.3M |
| Total DebtLower is stronger | $240.8M | $84.0M |
| Stockholders' EquityBook value | $-47.0M | $542.6M |
| Total Assets | $691.4M | $707.1M |
| Debt / EquityLower = less leverage | — | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $187.2M | $16.3M | ||
| Q3 25 | $191.6M | $29.6M | ||
| Q2 25 | $184.8M | $35.0M | ||
| Q1 25 | $199.7M | $22.6M | ||
| Q4 24 | $159.9M | $57.4M | ||
| Q3 24 | $99.2M | $48.8M | ||
| Q2 24 | $120.8M | $62.5M | ||
| Q1 24 | $170.1M | $65.4M |
| Q4 25 | $240.8M | $84.0M | ||
| Q3 25 | $245.7M | $85.2M | ||
| Q2 25 | $245.6M | $96.2M | ||
| Q1 25 | $248.0M | $97.4M | ||
| Q4 24 | $250.4M | $98.6M | ||
| Q3 24 | $252.8M | $98.7M | ||
| Q2 24 | $254.0M | $123.8M | ||
| Q1 24 | $255.1M | $138.6M |
| Q4 25 | $-47.0M | $542.6M | ||
| Q3 25 | $-48.5M | $552.8M | ||
| Q2 25 | $-53.7M | $548.3M | ||
| Q1 25 | $-31.7M | $530.6M | ||
| Q4 24 | $-32.6M | $554.5M | ||
| Q3 24 | $-49.8M | $540.1M | ||
| Q2 24 | $-45.7M | $532.7M | ||
| Q1 24 | $-9.7M | $515.5M |
| Q4 25 | $691.4M | $707.1M | ||
| Q3 25 | $611.7M | $732.6M | ||
| Q2 25 | $590.7M | $731.8M | ||
| Q1 25 | $592.9M | $708.7M | ||
| Q4 24 | $621.0M | $746.4M | ||
| Q3 24 | $549.9M | $734.0M | ||
| Q2 24 | $554.6M | $756.8M | ||
| Q1 24 | $595.4M | $763.6M |
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.18× | ||
| Q1 25 | — | 0.18× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.23× | ||
| Q1 24 | — | 0.27× |
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 | $20.0M |
| Free Cash FlowOCF − Capex | $270.0K | $14.9M |
| FCF MarginFCF / Revenue | 0.1% | 6.2% |
| Capex IntensityCapex / Revenue | 0.4% | 2.1% |
| Cash ConversionOCF / Net Profit | — | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | $59.6M | $68.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1M | $20.0M | ||
| Q3 25 | $18.7M | $33.2M | ||
| Q2 25 | $-1.9M | $20.3M | ||
| Q1 25 | $45.0M | $10.1M | ||
| Q4 24 | $13.9M | $16.6M | ||
| Q3 24 | $-8.2M | $28.6M | ||
| Q2 24 | $-17.6M | $18.7M | ||
| Q1 24 | $18.9M | $15.0M |
| Q4 25 | $270.0K | $14.9M | ||
| Q3 25 | $18.1M | $27.6M | ||
| Q2 25 | $-3.1M | $17.6M | ||
| Q1 25 | $44.3M | $8.4M | ||
| Q4 24 | $13.4M | $13.2M | ||
| Q3 24 | $-8.6M | $27.5M | ||
| Q2 24 | $-18.3M | $17.6M | ||
| Q1 24 | $16.7M | $13.7M |
| Q4 25 | 0.1% | 6.2% | ||
| Q3 25 | 9.7% | 10.7% | ||
| Q2 25 | -1.8% | 7.3% | ||
| Q1 25 | 26.6% | 3.8% | ||
| Q4 24 | 8.0% | 6.1% | ||
| Q3 24 | -5.6% | 11.4% | ||
| Q2 24 | -12.5% | 7.8% | ||
| Q1 24 | 11.1% | 6.5% |
| Q4 25 | 0.4% | 2.1% | ||
| Q3 25 | 0.3% | 2.2% | ||
| Q2 25 | 0.7% | 1.1% | ||
| Q1 25 | 0.4% | 0.8% | ||
| Q4 24 | 0.3% | 1.5% | ||
| Q3 24 | 0.2% | 0.5% | ||
| Q2 24 | 0.5% | 0.5% | ||
| Q1 24 | 1.5% | 0.6% |
| Q4 25 | — | 1.65× | ||
| Q3 25 | 2.39× | 1.36× | ||
| Q2 25 | — | 1.02× | ||
| Q1 25 | — | 0.66× | ||
| Q4 24 | — | 1.15× | ||
| Q3 24 | — | 1.33× | ||
| Q2 24 | — | 1.19× | ||
| Q1 24 | — | 0.71× |
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% |
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
