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Side-by-side financial comparison of APPIAN CORP (APPN) and ROGERS CORP (ROG). Click either name above to swap in a different company.
APPIAN CORP is the larger business by last-quarter revenue ($202.9M vs $200.5M, roughly 1.0× ROGERS CORP). ROGERS CORP runs the higher net margin — 2.2% vs -2.5%, a 4.8% gap on every dollar of revenue. On growth, APPIAN CORP posted the faster year-over-year revenue change (21.7% vs 5.2%). ROGERS CORP produced more free cash flow last quarter ($1.1M vs $270.0K). Over the past eight quarters, APPIAN CORP's revenue compounded faster (16.4% CAGR vs -3.3%).
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.
Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.
APPN vs ROG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $202.9M | $200.5M |
| Net Profit | $-5.1M | $4.5M |
| Gross Margin | 64.8% | 32.2% |
| Operating Margin | -0.3% | — |
| Net Margin | -2.5% | 2.2% |
| Revenue YoY | 21.7% | 5.2% |
| Net Profit YoY | 62.6% | 421.4% |
| EPS (diluted) | $-0.06 | $0.25 |
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.
| Q1 26 | — | $200.5M | ||
| Q4 25 | $202.9M | $201.5M | ||
| Q3 25 | $187.0M | $216.0M | ||
| Q2 25 | $170.6M | $202.8M | ||
| Q1 25 | $166.4M | $190.5M | ||
| Q4 24 | $166.7M | $192.2M | ||
| Q3 24 | $154.1M | $210.3M | ||
| Q2 24 | $146.4M | $214.2M |
| Q1 26 | — | $4.5M | ||
| Q4 25 | $-5.1M | $4.6M | ||
| Q3 25 | $7.8M | $8.6M | ||
| Q2 25 | $-312.0K | $-73.6M | ||
| Q1 25 | $-1.2M | $-1.4M | ||
| Q4 24 | $-13.6M | $-500.0K | ||
| Q3 24 | $-2.1M | $10.7M | ||
| Q2 24 | $-43.6M | $8.1M |
| Q1 26 | — | 32.2% | ||
| Q4 25 | 64.8% | 31.5% | ||
| Q3 25 | 75.8% | 33.5% | ||
| Q2 25 | 74.3% | 31.6% | ||
| Q1 25 | 76.6% | 29.9% | ||
| Q4 24 | 67.8% | 32.1% | ||
| Q3 24 | 75.9% | 35.2% | ||
| Q2 24 | 73.1% | 34.1% |
| Q1 26 | — | — | ||
| Q4 25 | -0.3% | 3.5% | ||
| Q3 25 | 7.0% | 7.3% | ||
| Q2 25 | -6.4% | -33.3% | ||
| Q1 25 | -0.5% | -0.2% | ||
| Q4 24 | 3.0% | -6.6% | ||
| Q3 24 | -4.6% | 6.9% | ||
| Q2 24 | -26.8% | 5.3% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | -2.5% | 2.3% | ||
| Q3 25 | 4.2% | 4.0% | ||
| Q2 25 | -0.2% | -36.3% | ||
| Q1 25 | -0.7% | -0.7% | ||
| Q4 24 | -8.2% | -0.3% | ||
| Q3 24 | -1.4% | 5.1% | ||
| Q2 24 | -29.8% | 3.8% |
| Q1 26 | — | $0.25 | ||
| Q4 25 | $-0.06 | $0.20 | ||
| Q3 25 | $0.10 | $0.48 | ||
| Q2 25 | $0.00 | $-4.00 | ||
| Q1 25 | $-0.02 | $-0.08 | ||
| Q4 24 | $-0.18 | $-0.04 | ||
| Q3 24 | $-0.03 | $0.58 | ||
| Q2 24 | $-0.60 | $0.44 |
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 | $195.8M |
| Total DebtLower is stronger | $240.8M | — |
| Stockholders' EquityBook value | $-47.0M | $1.2B |
| Total Assets | $691.4M | $1.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $195.8M | ||
| Q4 25 | $187.2M | $197.0M | ||
| Q3 25 | $191.6M | $167.8M | ||
| Q2 25 | $184.8M | $157.2M | ||
| Q1 25 | $199.7M | $175.6M | ||
| Q4 24 | $159.9M | $159.8M | ||
| Q3 24 | $99.2M | $146.4M | ||
| Q2 24 | $120.8M | $119.9M |
| Q1 26 | — | — | ||
| 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 26 | — | $1.2B | ||
| Q4 25 | $-47.0M | $1.2B | ||
| Q3 25 | $-48.5M | $1.2B | ||
| Q2 25 | $-53.7M | $1.2B | ||
| Q1 25 | $-31.7M | $1.3B | ||
| Q4 24 | $-32.6M | $1.3B | ||
| Q3 24 | $-49.8M | $1.3B | ||
| Q2 24 | $-45.7M | $1.3B |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $691.4M | $1.4B | ||
| Q3 25 | $611.7M | $1.4B | ||
| Q2 25 | $590.7M | $1.5B | ||
| Q1 25 | $592.9M | $1.5B | ||
| Q4 24 | $621.0M | $1.5B | ||
| Q3 24 | $549.9M | $1.5B | ||
| Q2 24 | $554.6M | $1.5B |
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 | $5.8M |
| Free Cash FlowOCF − Capex | $270.0K | $1.1M |
| FCF MarginFCF / Revenue | 0.1% | 0.5% |
| Capex IntensityCapex / Revenue | 0.4% | 2.3% |
| Cash ConversionOCF / Net Profit | — | 1.29× |
| TTM Free Cash FlowTrailing 4 quarters | $59.6M | $70.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.8M | ||
| Q4 25 | $1.1M | $46.9M | ||
| Q3 25 | $18.7M | $28.9M | ||
| Q2 25 | $-1.9M | $13.7M | ||
| Q1 25 | $45.0M | $11.7M | ||
| Q4 24 | $13.9M | $33.7M | ||
| Q3 24 | $-8.2M | $42.4M | ||
| Q2 24 | $-17.6M | $22.9M |
| Q1 26 | — | $1.1M | ||
| Q4 25 | $270.0K | $42.2M | ||
| Q3 25 | $18.1M | $21.2M | ||
| Q2 25 | $-3.1M | $5.6M | ||
| Q1 25 | $44.3M | $2.1M | ||
| Q4 24 | $13.4M | $18.3M | ||
| Q3 24 | $-8.6M | $25.2M | ||
| Q2 24 | $-18.3M | $8.8M |
| Q1 26 | — | 0.5% | ||
| Q4 25 | 0.1% | 20.9% | ||
| Q3 25 | 9.7% | 9.8% | ||
| Q2 25 | -1.8% | 2.8% | ||
| Q1 25 | 26.6% | 1.1% | ||
| Q4 24 | 8.0% | 9.5% | ||
| Q3 24 | -5.6% | 12.0% | ||
| Q2 24 | -12.5% | 4.1% |
| Q1 26 | — | 2.3% | ||
| Q4 25 | 0.4% | 2.3% | ||
| Q3 25 | 0.3% | 3.6% | ||
| Q2 25 | 0.7% | 4.0% | ||
| Q1 25 | 0.4% | 5.0% | ||
| Q4 24 | 0.3% | 8.0% | ||
| Q3 24 | 0.2% | 8.2% | ||
| Q2 24 | 0.5% | 6.6% |
| Q1 26 | — | 1.29× | ||
| Q4 25 | — | 10.20× | ||
| Q3 25 | 2.39× | 3.36× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.96× | ||
| Q2 24 | — | 2.83× |
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% |
ROG
Segment breakdown not available.