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Side-by-side financial comparison of APPIAN CORP (APPN) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.
APPIAN CORP is the larger business by last-quarter revenue ($202.9M vs $151.1M, roughly 1.3× STURM RUGER & CO INC). On growth, APPIAN CORP posted the faster year-over-year revenue change (21.7% vs 3.6%). STURM RUGER & CO INC produced more free cash flow last quarter ($12.3M vs $270.0K). Over the past eight quarters, APPIAN CORP's revenue compounded faster (16.4% CAGR vs 5.1%).
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.
Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.
APPN vs RGR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $202.9M | $151.1M |
| Net Profit | $-5.1M | — |
| Gross Margin | 64.8% | 17.8% |
| Operating Margin | -0.3% | 2.3% |
| Net Margin | -2.5% | — |
| Revenue YoY | 21.7% | 3.6% |
| Net Profit YoY | 62.6% | — |
| EPS (diluted) | $-0.06 | $0.22 |
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 | $151.1M | ||
| Q3 25 | $187.0M | $126.8M | ||
| Q2 25 | $170.6M | $132.5M | ||
| Q1 25 | $166.4M | $135.7M | ||
| Q4 24 | $166.7M | $145.8M | ||
| Q3 24 | $154.1M | $122.3M | ||
| Q2 24 | $146.4M | $130.8M | ||
| Q1 24 | $149.8M | $136.8M |
| Q4 25 | $-5.1M | — | ||
| Q3 25 | $7.8M | $1.6M | ||
| Q2 25 | $-312.0K | $-17.2M | ||
| Q1 25 | $-1.2M | $7.8M | ||
| Q4 24 | $-13.6M | — | ||
| Q3 24 | $-2.1M | $4.7M | ||
| Q2 24 | $-43.6M | $8.3M | ||
| Q1 24 | $-32.9M | $7.1M |
| Q4 25 | 64.8% | 17.8% | ||
| Q3 25 | 75.8% | 15.1% | ||
| Q2 25 | 74.3% | 3.9% | ||
| Q1 25 | 76.6% | 22.0% | ||
| Q4 24 | 67.8% | 22.8% | ||
| Q3 24 | 75.9% | 18.5% | ||
| Q2 24 | 73.1% | 22.3% | ||
| Q1 24 | 74.6% | 21.5% |
| Q4 25 | -0.3% | 2.3% | ||
| Q3 25 | 7.0% | -2.7% | ||
| Q2 25 | -6.4% | -15.6% | ||
| Q1 25 | -0.5% | 6.2% | ||
| Q4 24 | 3.0% | 7.8% | ||
| Q3 24 | -4.6% | 3.1% | ||
| Q2 24 | -26.8% | 6.9% | ||
| Q1 24 | -13.0% | 5.5% |
| Q4 25 | -2.5% | — | ||
| Q3 25 | 4.2% | 1.2% | ||
| Q2 25 | -0.2% | -13.0% | ||
| Q1 25 | -0.7% | 5.7% | ||
| Q4 24 | -8.2% | — | ||
| Q3 24 | -1.4% | 3.9% | ||
| Q2 24 | -29.8% | 6.3% | ||
| Q1 24 | -22.0% | 5.2% |
| Q4 25 | $-0.06 | $0.22 | ||
| Q3 25 | $0.10 | $0.10 | ||
| Q2 25 | $0.00 | $-1.05 | ||
| Q1 25 | $-0.02 | $0.46 | ||
| Q4 24 | $-0.18 | $0.62 | ||
| Q3 24 | $-0.03 | $0.28 | ||
| Q2 24 | $-0.60 | $0.47 | ||
| Q1 24 | $-0.45 | $0.40 |
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 | $92.5M |
| Total DebtLower is stronger | $240.8M | — |
| Stockholders' EquityBook value | $-47.0M | $283.8M |
| Total Assets | $691.4M | $342.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $187.2M | $92.5M | ||
| Q3 25 | $191.6M | $80.8M | ||
| Q2 25 | $184.8M | $101.4M | ||
| Q1 25 | $199.7M | $108.3M | ||
| Q4 24 | $159.9M | $105.5M | ||
| Q3 24 | $99.2M | $96.0M | ||
| Q2 24 | $120.8M | $105.6M | ||
| Q1 24 | $170.1M | $115.3M |
| 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 | — |
| Q4 25 | $-47.0M | $283.8M | ||
| Q3 25 | $-48.5M | $279.6M | ||
| Q2 25 | $-53.7M | $289.3M | ||
| Q1 25 | $-31.7M | $321.5M | ||
| Q4 24 | $-32.6M | $319.6M | ||
| Q3 24 | $-49.8M | $314.9M | ||
| Q2 24 | $-45.7M | $321.5M | ||
| Q1 24 | $-9.7M | $332.0M |
| Q4 25 | $691.4M | $342.0M | ||
| Q3 25 | $611.7M | $342.3M | ||
| Q2 25 | $590.7M | $349.5M | ||
| Q1 25 | $592.9M | $379.0M | ||
| Q4 24 | $621.0M | $384.0M | ||
| Q3 24 | $549.9M | $373.5M | ||
| Q2 24 | $554.6M | $376.7M | ||
| Q1 24 | $595.4M | $385.0M |
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 | $15.5M |
| Free Cash FlowOCF − Capex | $270.0K | $12.3M |
| FCF MarginFCF / Revenue | 0.1% | 8.2% |
| Capex IntensityCapex / Revenue | 0.4% | 2.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $59.6M | $38.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1M | $15.5M | ||
| Q3 25 | $18.7M | $12.9M | ||
| Q2 25 | $-1.9M | $14.7M | ||
| Q1 25 | $45.0M | $11.1M | ||
| Q4 24 | $13.9M | $20.0M | ||
| Q3 24 | $-8.2M | $9.4M | ||
| Q2 24 | $-17.6M | $18.7M | ||
| Q1 24 | $18.9M | $7.3M |
| Q4 25 | $270.0K | $12.3M | ||
| Q3 25 | $18.1M | $7.0M | ||
| Q2 25 | $-3.1M | $9.1M | ||
| Q1 25 | $44.3M | $10.0M | ||
| Q4 24 | $13.4M | $16.4M | ||
| Q3 24 | $-8.6M | $2.6M | ||
| Q2 24 | $-18.3M | $10.1M | ||
| Q1 24 | $16.7M | $5.6M |
| Q4 25 | 0.1% | 8.2% | ||
| Q3 25 | 9.7% | 5.5% | ||
| Q2 25 | -1.8% | 6.9% | ||
| Q1 25 | 26.6% | 7.4% | ||
| Q4 24 | 8.0% | 11.2% | ||
| Q3 24 | -5.6% | 2.1% | ||
| Q2 24 | -12.5% | 7.7% | ||
| Q1 24 | 11.1% | 4.1% |
| Q4 25 | 0.4% | 2.1% | ||
| Q3 25 | 0.3% | 4.6% | ||
| Q2 25 | 0.7% | 4.2% | ||
| Q1 25 | 0.4% | 0.8% | ||
| Q4 24 | 0.3% | 2.5% | ||
| Q3 24 | 0.2% | 5.5% | ||
| Q2 24 | 0.5% | 6.6% | ||
| Q1 24 | 1.5% | 1.3% |
| Q4 25 | — | — | ||
| Q3 25 | 2.39× | 8.15× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.98× | ||
| Q2 24 | — | 2.27× | ||
| Q1 24 | — | 1.04× |
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% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
