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Side-by-side financial comparison of APPIAN CORP (APPN) and UNIVERSAL TECHNICAL INSTITUTE INC (UTI). Click either name above to swap in a different company.
UNIVERSAL TECHNICAL INSTITUTE INC is the larger business by last-quarter revenue ($220.8M vs $202.9M, roughly 1.1× APPIAN CORP). UNIVERSAL TECHNICAL INSTITUTE INC runs the higher net margin — 5.8% vs -2.5%, a 8.3% gap on every dollar of revenue. On growth, APPIAN CORP posted the faster year-over-year revenue change (21.7% vs 9.6%). APPIAN CORP produced more free cash flow last quarter ($270.0K vs $-19.2M). Over the past eight quarters, APPIAN CORP's revenue compounded faster (16.4% CAGR vs 9.5%).
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.
Universal Technical Institute, Inc. (UTI) is a private for-profit system of technical colleges in the United States. It was established in 1965 by Robert Sweet.
APPN vs UTI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $202.9M | $220.8M |
| Net Profit | $-5.1M | $12.8M |
| Gross Margin | 64.8% | — |
| Operating Margin | -0.3% | 7.1% |
| Net Margin | -2.5% | 5.8% |
| Revenue YoY | 21.7% | 9.6% |
| Net Profit YoY | 62.6% | -42.1% |
| EPS (diluted) | $-0.06 | $0.23 |
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 | $220.8M | ||
| Q3 25 | $187.0M | $222.4M | ||
| Q2 25 | $170.6M | $204.3M | ||
| Q1 25 | $166.4M | $207.4M | ||
| Q4 24 | $166.7M | $201.4M | ||
| Q3 24 | $154.1M | $196.4M | ||
| Q2 24 | $146.4M | $177.5M | ||
| Q1 24 | $149.8M | $184.2M |
| Q4 25 | $-5.1M | $12.8M | ||
| Q3 25 | $7.8M | $18.8M | ||
| Q2 25 | $-312.0K | $10.7M | ||
| Q1 25 | $-1.2M | $11.4M | ||
| Q4 24 | $-13.6M | $22.2M | ||
| Q3 24 | $-2.1M | $18.8M | ||
| Q2 24 | $-43.6M | $5.0M | ||
| Q1 24 | $-32.9M | $7.8M |
| 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% | 7.1% | ||
| Q3 25 | 7.0% | 11.2% | ||
| Q2 25 | -6.4% | 6.9% | ||
| Q1 25 | -0.5% | 8.1% | ||
| Q4 24 | 3.0% | 13.6% | ||
| Q3 24 | -4.6% | 13.3% | ||
| Q2 24 | -26.8% | 4.2% | ||
| Q1 24 | -13.0% | 6.1% |
| Q4 25 | -2.5% | 5.8% | ||
| Q3 25 | 4.2% | 8.4% | ||
| Q2 25 | -0.2% | 5.2% | ||
| Q1 25 | -0.7% | 5.5% | ||
| Q4 24 | -8.2% | 11.0% | ||
| Q3 24 | -1.4% | 9.6% | ||
| Q2 24 | -29.8% | 2.8% | ||
| Q1 24 | -22.0% | 4.2% |
| Q4 25 | $-0.06 | $0.23 | ||
| Q3 25 | $0.10 | $0.33 | ||
| Q2 25 | $0.00 | $0.19 | ||
| Q1 25 | $-0.02 | $0.21 | ||
| Q4 24 | $-0.18 | $0.40 | ||
| Q3 24 | $-0.03 | $0.35 | ||
| Q2 24 | $-0.60 | $0.09 | ||
| Q1 24 | $-0.45 | $0.14 |
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 | $162.8M |
| Total DebtLower is stronger | $240.8M | $101.4M |
| Stockholders' EquityBook value | $-47.0M | $335.9M |
| Total Assets | $691.4M | $834.0M |
| Debt / EquityLower = less leverage | — | 0.30× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $187.2M | $162.8M | ||
| Q3 25 | $191.6M | $169.1M | ||
| Q2 25 | $184.8M | $70.7M | ||
| Q1 25 | $199.7M | $96.0M | ||
| Q4 24 | $159.9M | $172.0M | ||
| Q3 24 | $99.2M | $161.9M | ||
| Q2 24 | $120.8M | $115.5M | ||
| Q1 24 | $170.1M | $116.1M |
| Q4 25 | $240.8M | $101.4M | ||
| Q3 25 | $245.7M | $87.1M | ||
| Q2 25 | $245.6M | $73.8M | ||
| Q1 25 | $248.0M | $94.4M | ||
| Q4 24 | $250.4M | $120.1M | ||
| Q3 24 | $252.8M | $125.7M | ||
| Q2 24 | $254.0M | $137.3M | ||
| Q1 24 | $255.1M | $141.9M |
| Q4 25 | $-47.0M | $335.9M | ||
| Q3 25 | $-48.5M | $328.1M | ||
| Q2 25 | $-53.7M | $306.8M | ||
| Q1 25 | $-31.7M | $293.9M | ||
| Q4 24 | $-32.6M | $280.0M | ||
| Q3 24 | $-49.8M | $260.2M | ||
| Q2 24 | $-45.7M | $239.4M | ||
| Q1 24 | $-9.7M | $232.6M |
| Q4 25 | $691.4M | $834.0M | ||
| Q3 25 | $611.7M | $826.1M | ||
| Q2 25 | $590.7M | $740.8M | ||
| Q1 25 | $592.9M | $720.4M | ||
| Q4 24 | $621.0M | $753.8M | ||
| Q3 24 | $549.9M | $744.6M | ||
| Q2 24 | $554.6M | $706.0M | ||
| Q1 24 | $595.4M | $702.1M |
| Q4 25 | — | 0.30× | ||
| Q3 25 | — | 0.27× | ||
| Q2 25 | — | 0.24× | ||
| Q1 25 | — | 0.32× | ||
| Q4 24 | — | 0.43× | ||
| Q3 24 | — | 0.48× | ||
| Q2 24 | — | 0.57× | ||
| Q1 24 | — | 0.61× |
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 | $3.1M |
| Free Cash FlowOCF − Capex | $270.0K | $-19.2M |
| FCF MarginFCF / Revenue | 0.1% | -8.7% |
| Capex IntensityCapex / Revenue | 0.4% | 10.1% |
| Cash ConversionOCF / Net Profit | — | 0.24× |
| TTM Free Cash FlowTrailing 4 quarters | $59.6M | $16.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1M | $3.1M | ||
| Q3 25 | $18.7M | $57.1M | ||
| Q2 25 | $-1.9M | $18.1M | ||
| Q1 25 | $45.0M | $-789.0K | ||
| Q4 24 | $13.9M | $23.0M | ||
| Q3 24 | $-8.2M | $67.5M | ||
| Q2 24 | $-17.6M | $10.0M | ||
| Q1 24 | $18.9M | $-2.5M |
| Q4 25 | $270.0K | $-19.2M | ||
| Q3 25 | $18.1M | $40.6M | ||
| Q2 25 | $-3.1M | $6.8M | ||
| Q1 25 | $44.3M | $-11.7M | ||
| Q4 24 | $13.4M | $19.6M | ||
| Q3 24 | $-8.6M | $60.0M | ||
| Q2 24 | $-18.3M | $3.0M | ||
| Q1 24 | $16.7M | $-8.4M |
| Q4 25 | 0.1% | -8.7% | ||
| Q3 25 | 9.7% | 18.3% | ||
| Q2 25 | -1.8% | 3.4% | ||
| Q1 25 | 26.6% | -5.7% | ||
| Q4 24 | 8.0% | 9.7% | ||
| Q3 24 | -5.6% | 30.6% | ||
| Q2 24 | -12.5% | 1.7% | ||
| Q1 24 | 11.1% | -4.6% |
| Q4 25 | 0.4% | 10.1% | ||
| Q3 25 | 0.3% | 7.4% | ||
| Q2 25 | 0.7% | 5.5% | ||
| Q1 25 | 0.4% | 5.3% | ||
| Q4 24 | 0.3% | 1.7% | ||
| Q3 24 | 0.2% | 3.8% | ||
| Q2 24 | 0.5% | 4.0% | ||
| Q1 24 | 1.5% | 3.2% |
| Q4 25 | — | 0.24× | ||
| Q3 25 | 2.39× | 3.04× | ||
| Q2 25 | — | 1.69× | ||
| Q1 25 | — | -0.07× | ||
| Q4 24 | — | 1.04× | ||
| Q3 24 | — | 3.58× | ||
| Q2 24 | — | 2.01× | ||
| Q1 24 | — | -0.32× |
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% |
UTI
| UTI | $142.8M | 65% |
| Concorde | $78.0M | 35% |
