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Side-by-side financial comparison of APPIAN CORP (APPN) and Urban Edge Properties (UE). Click either name above to swap in a different company.
APPIAN CORP is the larger business by last-quarter revenue ($202.9M vs $132.6M, roughly 1.5× Urban Edge Properties). Urban Edge Properties runs the higher net margin — 17.1% vs -2.5%, a 19.6% gap on every dollar of revenue. On growth, APPIAN CORP posted the faster year-over-year revenue change (21.7% vs 12.2%). Over the past eight quarters, APPIAN CORP's revenue compounded faster (16.4% CAGR vs 11.6%).
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.
Urban Edge Properties is a publicly traded real estate investment trust (REIT) that owns, operates, and develops high-quality retail and mixed-use properties, primarily located in densely populated urban and suburban markets across the United States. Its portfolio covers grocery-anchored shopping centers, lifestyle outlets, and community-focused commercial assets.
APPN vs UE — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $202.9M | $132.6M |
| Net Profit | $-5.1M | $22.6M |
| Gross Margin | 64.8% | — |
| Operating Margin | -0.3% | — |
| Net Margin | -2.5% | 17.1% |
| Revenue YoY | 21.7% | 12.2% |
| Net Profit YoY | 62.6% | 176.2% |
| EPS (diluted) | $-0.06 | $0.18 |
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 | — | $132.6M | ||
| Q4 25 | $202.9M | $119.6M | ||
| Q3 25 | $187.0M | $120.1M | ||
| Q2 25 | $170.6M | $114.1M | ||
| Q1 25 | $166.4M | $118.2M | ||
| Q4 24 | $166.7M | $116.4M | ||
| Q3 24 | $154.1M | $112.4M | ||
| Q2 24 | $146.4M | $106.5M |
| Q1 26 | — | $22.6M | ||
| Q4 25 | $-5.1M | $12.4M | ||
| Q3 25 | $7.8M | $14.9M | ||
| Q2 25 | $-312.0K | $58.0M | ||
| Q1 25 | $-1.2M | $8.2M | ||
| Q4 24 | $-13.6M | $30.1M | ||
| Q3 24 | $-2.1M | $9.1M | ||
| Q2 24 | $-43.6M | $30.8M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | -0.3% | 11.3% | ||
| Q3 25 | 7.0% | 13.4% | ||
| Q2 25 | -6.4% | 53.9% | ||
| Q1 25 | -0.5% | 7.6% | ||
| Q4 24 | 3.0% | 27.6% | ||
| Q3 24 | -4.6% | 8.9% | ||
| Q2 24 | -26.8% | 30.6% |
| Q1 26 | — | 17.1% | ||
| Q4 25 | -2.5% | 10.4% | ||
| Q3 25 | 4.2% | 12.4% | ||
| Q2 25 | -0.2% | 50.8% | ||
| Q1 25 | -0.7% | 6.9% | ||
| Q4 24 | -8.2% | 25.9% | ||
| Q3 24 | -1.4% | 8.1% | ||
| Q2 24 | -29.8% | 28.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $-0.06 | $0.09 | ||
| Q3 25 | $0.10 | $0.12 | ||
| Q2 25 | $0.00 | $0.46 | ||
| Q1 25 | $-0.02 | $0.07 | ||
| Q4 24 | $-0.18 | $0.25 | ||
| Q3 24 | $-0.03 | $0.07 | ||
| Q2 24 | $-0.60 | $0.26 |
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 | $50.0M |
| Total DebtLower is stronger | $240.8M | — |
| Stockholders' EquityBook value | $-47.0M | $1.4B |
| Total Assets | $691.4M | $3.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $50.0M | ||
| Q4 25 | $187.2M | $48.9M | ||
| Q3 25 | $191.6M | $77.8M | ||
| Q2 25 | $184.8M | $53.0M | ||
| Q1 25 | $199.7M | $48.0M | ||
| Q4 24 | $159.9M | $41.4M | ||
| Q3 24 | $99.2M | $67.9M | ||
| Q2 24 | $120.8M | $78.6M |
| 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 | — | $1.4B | ||
| Q4 25 | $-47.0M | $1.4B | ||
| Q3 25 | $-48.5M | $1.4B | ||
| Q2 25 | $-53.7M | $1.4B | ||
| Q1 25 | $-31.7M | $1.4B | ||
| Q4 24 | $-32.6M | $1.4B | ||
| Q3 24 | $-49.8M | $1.3B | ||
| Q2 24 | $-45.7M | $1.3B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $691.4M | $3.3B | ||
| Q3 25 | $611.7M | $3.3B | ||
| Q2 25 | $590.7M | $3.3B | ||
| Q1 25 | $592.9M | $3.3B | ||
| Q4 24 | $621.0M | $3.3B | ||
| Q3 24 | $549.9M | $3.2B | ||
| Q2 24 | $554.6M | $3.2B |
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 | $39.1M |
| Free Cash FlowOCF − Capex | $270.0K | — |
| FCF MarginFCF / Revenue | 0.1% | — |
| Capex IntensityCapex / Revenue | 0.4% | 1.5% |
| Cash ConversionOCF / Net Profit | — | 1.73× |
| TTM Free Cash FlowTrailing 4 quarters | $59.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $39.1M | ||
| Q4 25 | $1.1M | $182.7M | ||
| Q3 25 | $18.7M | $55.7M | ||
| Q2 25 | $-1.9M | $43.5M | ||
| Q1 25 | $45.0M | $32.6M | ||
| Q4 24 | $13.9M | $153.2M | ||
| Q3 24 | $-8.2M | $36.6M | ||
| Q2 24 | $-17.6M | $41.2M |
| Q1 26 | — | — | ||
| Q4 25 | $270.0K | $81.8M | ||
| Q3 25 | $18.1M | $26.1M | ||
| Q2 25 | $-3.1M | $19.6M | ||
| Q1 25 | $44.3M | $11.9M | ||
| Q4 24 | $13.4M | $42.5M | ||
| Q3 24 | $-8.6M | $12.2M | ||
| Q2 24 | $-18.3M | $19.9M |
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | 68.4% | ||
| Q3 25 | 9.7% | 21.7% | ||
| Q2 25 | -1.8% | 17.2% | ||
| Q1 25 | 26.6% | 10.0% | ||
| Q4 24 | 8.0% | 36.6% | ||
| Q3 24 | -5.6% | 10.8% | ||
| Q2 24 | -12.5% | 18.6% |
| Q1 26 | — | 1.5% | ||
| Q4 25 | 0.4% | 84.4% | ||
| Q3 25 | 0.3% | 24.6% | ||
| Q2 25 | 0.7% | 20.9% | ||
| Q1 25 | 0.4% | 17.5% | ||
| Q4 24 | 0.3% | 95.1% | ||
| Q3 24 | 0.2% | 21.7% | ||
| Q2 24 | 0.5% | 20.1% |
| Q1 26 | — | 1.73× | ||
| Q4 25 | — | 14.71× | ||
| Q3 25 | 2.39× | 3.73× | ||
| Q2 25 | — | 0.75× | ||
| Q1 25 | — | 3.97× | ||
| Q4 24 | — | 5.09× | ||
| Q3 24 | — | 4.03× | ||
| Q2 24 | — | 1.34× |
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% |
UE
| Rental revenue | $124.2M | 94% |
| Other | $8.4M | 6% |
