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Side-by-side financial comparison of APPIAN CORP (APPN) and STONERIDGE INC (SRI). Click either name above to swap in a different company.
STONERIDGE INC is the larger business by last-quarter revenue ($205.2M vs $202.9M, roughly 1.0× APPIAN CORP). On growth, APPIAN CORP posted the faster year-over-year revenue change (21.7% vs -6.0%). STONERIDGE INC produced more free cash flow last quarter ($2.6M vs $270.0K). Over the past eight quarters, APPIAN CORP's revenue compounded faster (16.4% CAGR vs -7.4%).
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.
Stoneridge Inc is a global designer and manufacturer of advanced electrical and electronic components, integrated systems, and sensor solutions. It serves automotive, commercial vehicle, off-highway, and aerospace sectors, delivering products that boost vehicle safety, efficiency, connectivity, and environmental performance across key global markets.
APPN vs SRI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $202.9M | $205.2M |
| Net Profit | $-5.1M | — |
| Gross Margin | 64.8% | 16.2% |
| Operating Margin | -0.3% | -14.4% |
| Net Margin | -2.5% | — |
| Revenue YoY | 21.7% | -6.0% |
| Net Profit YoY | 62.6% | — |
| EPS (diluted) | $-0.06 | $-2.76 |
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 | $205.2M | ||
| Q3 25 | $187.0M | $210.3M | ||
| Q2 25 | $170.6M | $228.0M | ||
| Q1 25 | $166.4M | $217.9M | ||
| Q4 24 | $166.7M | $218.2M | ||
| Q3 24 | $154.1M | $213.8M | ||
| Q2 24 | $146.4M | $237.1M | ||
| Q1 24 | $149.8M | $239.2M |
| Q4 25 | $-5.1M | — | ||
| Q3 25 | $7.8M | $-9.4M | ||
| Q2 25 | $-312.0K | $-9.4M | ||
| Q1 25 | $-1.2M | $-7.2M | ||
| Q4 24 | $-13.6M | — | ||
| Q3 24 | $-2.1M | $-7.1M | ||
| Q2 24 | $-43.6M | $2.8M | ||
| Q1 24 | $-32.9M | $-6.1M |
| Q4 25 | 64.8% | 16.2% | ||
| Q3 25 | 75.8% | 20.3% | ||
| Q2 25 | 74.3% | 21.5% | ||
| Q1 25 | 76.6% | 21.2% | ||
| Q4 24 | 67.8% | 19.5% | ||
| Q3 24 | 75.9% | 20.8% | ||
| Q2 24 | 73.1% | 22.7% | ||
| Q1 24 | 74.6% | 20.2% |
| Q4 25 | -0.3% | -14.4% | ||
| Q3 25 | 7.0% | -1.6% | ||
| Q2 25 | -6.4% | -1.1% | ||
| Q1 25 | -0.5% | -1.5% | ||
| Q4 24 | 3.0% | -2.0% | ||
| Q3 24 | -4.6% | 0.1% | ||
| Q2 24 | -26.8% | 1.4% | ||
| Q1 24 | -13.0% | 0.1% |
| Q4 25 | -2.5% | — | ||
| Q3 25 | 4.2% | -4.5% | ||
| Q2 25 | -0.2% | -4.1% | ||
| Q1 25 | -0.7% | -3.3% | ||
| Q4 24 | -8.2% | — | ||
| Q3 24 | -1.4% | -3.3% | ||
| Q2 24 | -29.8% | 1.2% | ||
| Q1 24 | -22.0% | -2.6% |
| Q4 25 | $-0.06 | $-2.76 | ||
| Q3 25 | $0.10 | $-0.34 | ||
| Q2 25 | $0.00 | $-0.34 | ||
| Q1 25 | $-0.02 | $-0.26 | ||
| Q4 24 | $-0.18 | $-0.22 | ||
| Q3 24 | $-0.03 | $-0.26 | ||
| Q2 24 | $-0.60 | $0.10 | ||
| Q1 24 | $-0.45 | $-0.22 |
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 | $66.3M |
| Total DebtLower is stronger | $240.8M | $180.9M |
| Stockholders' EquityBook value | $-47.0M | $179.8M |
| Total Assets | $691.4M | $551.2M |
| Debt / EquityLower = less leverage | — | 1.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $187.2M | $66.3M | ||
| Q3 25 | $191.6M | $54.0M | ||
| Q2 25 | $184.8M | $49.8M | ||
| Q1 25 | $199.7M | $79.1M | ||
| Q4 24 | $159.9M | $71.8M | ||
| Q3 24 | $99.2M | $54.1M | ||
| Q2 24 | $120.8M | $42.1M | ||
| Q1 24 | $170.1M | $48.4M |
| Q4 25 | $240.8M | $180.9M | ||
| Q3 25 | $245.7M | — | ||
| Q2 25 | $245.6M | — | ||
| Q1 25 | $248.0M | — | ||
| Q4 24 | $250.4M | $201.6M | ||
| Q3 24 | $252.8M | — | ||
| Q2 24 | $254.0M | — | ||
| Q1 24 | $255.1M | — |
| Q4 25 | $-47.0M | $179.8M | ||
| Q3 25 | $-48.5M | $251.2M | ||
| Q2 25 | $-53.7M | $260.5M | ||
| Q1 25 | $-31.7M | $253.1M | ||
| Q4 24 | $-32.6M | $245.3M | ||
| Q3 24 | $-49.8M | $271.4M | ||
| Q2 24 | $-45.7M | $270.5M | ||
| Q1 24 | $-9.7M | $277.3M |
| Q4 25 | $691.4M | $551.2M | ||
| Q3 25 | $611.7M | $632.1M | ||
| Q2 25 | $590.7M | $639.4M | ||
| Q1 25 | $592.9M | $657.4M | ||
| Q4 24 | $621.0M | $621.6M | ||
| Q3 24 | $549.9M | $662.5M | ||
| Q2 24 | $554.6M | $666.7M | ||
| Q1 24 | $595.4M | $675.4M |
| Q4 25 | — | 1.01× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.82× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $8.8M |
| Free Cash FlowOCF − Capex | $270.0K | $2.6M |
| FCF MarginFCF / Revenue | 0.1% | 1.3% |
| Capex IntensityCapex / Revenue | 0.4% | 3.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $59.6M | $12.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1M | $8.8M | ||
| Q3 25 | $18.7M | $3.6M | ||
| Q2 25 | $-1.9M | $10.7M | ||
| Q1 25 | $45.0M | $10.9M | ||
| Q4 24 | $13.9M | $19.2M | ||
| Q3 24 | $-8.2M | $10.8M | ||
| Q2 24 | $-17.6M | $8.7M | ||
| Q1 24 | $18.9M | $9.1M |
| Q4 25 | $270.0K | $2.6M | ||
| Q3 25 | $18.1M | $-2.7M | ||
| Q2 25 | $-3.1M | $7.4M | ||
| Q1 25 | $44.3M | $4.8M | ||
| Q4 24 | $13.4M | $14.0M | ||
| Q3 24 | $-8.6M | $4.6M | ||
| Q2 24 | $-18.3M | $1.5M | ||
| Q1 24 | $16.7M | $3.3M |
| Q4 25 | 0.1% | 1.3% | ||
| Q3 25 | 9.7% | -1.3% | ||
| Q2 25 | -1.8% | 3.3% | ||
| Q1 25 | 26.6% | 2.2% | ||
| Q4 24 | 8.0% | 6.4% | ||
| Q3 24 | -5.6% | 2.2% | ||
| Q2 24 | -12.5% | 0.6% | ||
| Q1 24 | 11.1% | 1.4% |
| Q4 25 | 0.4% | 3.0% | ||
| Q3 25 | 0.3% | 3.0% | ||
| Q2 25 | 0.7% | 1.4% | ||
| Q1 25 | 0.4% | 2.8% | ||
| Q4 24 | 0.3% | 2.4% | ||
| Q3 24 | 0.2% | 2.9% | ||
| Q2 24 | 0.5% | 3.0% | ||
| Q1 24 | 1.5% | 2.4% |
| Q4 25 | — | — | ||
| Q3 25 | 2.39× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 3.11× | ||
| Q1 24 | — | — |
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% |
SRI
| Control Devices | $51.7M | 25% |
| Electronics | $38.0M | 19% |
| EE | $34.2M | 17% |
| SE | $28.6M | 14% |
| NL | $24.5M | 12% |
| Stoneridge Brazil | $14.1M | 7% |
| Asia Pacific | $13.1M | 6% |
