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Side-by-side financial comparison of APPIAN CORP (APPN) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $202.9M, roughly 1.6× APPIAN CORP). APPIAN CORP runs the higher net margin — -2.5% vs -18.0%, a 15.4% gap on every dollar of revenue. On growth, APPIAN CORP posted the faster year-over-year revenue change (21.7% vs -76.3%). WYNDHAM HOTELS & RESORTS, INC. produced more free cash flow last quarter ($168.0M vs $270.0K). Over the past eight quarters, APPIAN CORP's revenue compounded faster (16.4% CAGR vs -4.6%).
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.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
APPN vs WH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $202.9M | $334.0M |
| Net Profit | $-5.1M | $-60.0M |
| Gross Margin | 64.8% | — |
| Operating Margin | -0.3% | — |
| Net Margin | -2.5% | -18.0% |
| Revenue YoY | 21.7% | -76.3% |
| Net Profit YoY | 62.6% | -170.6% |
| EPS (diluted) | $-0.06 | $-0.80 |
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 | — | $334.0M | ||
| Q4 25 | $202.9M | $334.0M | ||
| Q3 25 | $187.0M | $382.0M | ||
| Q2 25 | $170.6M | $397.0M | ||
| Q1 25 | $166.4M | $316.0M | ||
| Q4 24 | $166.7M | $336.0M | ||
| Q3 24 | $154.1M | $396.0M | ||
| Q2 24 | $146.4M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $-5.1M | $-60.0M | ||
| Q3 25 | $7.8M | $105.0M | ||
| Q2 25 | $-312.0K | $87.0M | ||
| Q1 25 | $-1.2M | $61.0M | ||
| Q4 24 | $-13.6M | $85.0M | ||
| Q3 24 | $-2.1M | $102.0M | ||
| Q2 24 | $-43.6M | $86.0M |
| 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% | -11.4% | ||
| Q3 25 | 7.0% | 46.6% | ||
| Q2 25 | -6.4% | 37.8% | ||
| Q1 25 | -0.5% | 35.4% | ||
| Q4 24 | 3.0% | 38.4% | ||
| Q3 24 | -4.6% | 43.2% | ||
| Q2 24 | -26.8% | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | -2.5% | -18.0% | ||
| Q3 25 | 4.2% | 27.5% | ||
| Q2 25 | -0.2% | 21.9% | ||
| Q1 25 | -0.7% | 19.3% | ||
| Q4 24 | -8.2% | 25.3% | ||
| Q3 24 | -1.4% | 25.8% | ||
| Q2 24 | -29.8% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $-0.06 | $-0.77 | ||
| Q3 25 | $0.10 | $1.36 | ||
| Q2 25 | $0.00 | $1.13 | ||
| Q1 25 | $-0.02 | $0.78 | ||
| Q4 24 | $-0.18 | $1.06 | ||
| Q3 24 | $-0.03 | $1.29 | ||
| Q2 24 | $-0.60 | $1.07 |
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 | $64.0M |
| Total DebtLower is stronger | $240.8M | — |
| Stockholders' EquityBook value | $-47.0M | $468.0M |
| Total Assets | $691.4M | $4.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | $187.2M | $64.0M | ||
| Q3 25 | $191.6M | $70.0M | ||
| Q2 25 | $184.8M | $50.0M | ||
| Q1 25 | $199.7M | $48.0M | ||
| Q4 24 | $159.9M | $103.0M | ||
| Q3 24 | $99.2M | $72.0M | ||
| Q2 24 | $120.8M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $240.8M | $2.5B | ||
| Q3 25 | $245.7M | $2.6B | ||
| Q2 25 | $245.6M | $2.5B | ||
| Q1 25 | $248.0M | $2.5B | ||
| Q4 24 | $250.4M | $2.4B | ||
| Q3 24 | $252.8M | $2.4B | ||
| Q2 24 | $254.0M | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $-47.0M | $468.0M | ||
| Q3 25 | $-48.5M | $583.0M | ||
| Q2 25 | $-53.7M | $570.0M | ||
| Q1 25 | $-31.7M | $579.0M | ||
| Q4 24 | $-32.6M | $650.0M | ||
| Q3 24 | $-49.8M | $583.0M | ||
| Q2 24 | $-45.7M | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $691.4M | $4.2B | ||
| Q3 25 | $611.7M | $4.3B | ||
| Q2 25 | $590.7M | $4.3B | ||
| Q1 25 | $592.9M | $4.2B | ||
| Q4 24 | $621.0M | $4.2B | ||
| Q3 24 | $549.9M | $4.2B | ||
| Q2 24 | $554.6M | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | — | 5.37× | ||
| Q3 25 | — | 4.43× | ||
| Q2 25 | — | 4.44× | ||
| Q1 25 | — | 4.29× | ||
| Q4 24 | — | 3.72× | ||
| Q3 24 | — | 4.19× | ||
| Q2 24 | — | 3.83× |
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 | $367.0M |
| Free Cash FlowOCF − Capex | $270.0K | $168.0M |
| FCF MarginFCF / Revenue | 0.1% | 50.3% |
| Capex IntensityCapex / Revenue | 0.4% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $59.6M | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $1.1M | $152.0M | ||
| Q3 25 | $18.7M | $86.0M | ||
| Q2 25 | $-1.9M | $70.0M | ||
| Q1 25 | $45.0M | $59.0M | ||
| Q4 24 | $13.9M | $134.0M | ||
| Q3 24 | $-8.2M | $79.0M | ||
| Q2 24 | $-17.6M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $270.0K | $136.0M | ||
| Q3 25 | $18.1M | $75.0M | ||
| Q2 25 | $-3.1M | $58.0M | ||
| Q1 25 | $44.3M | $52.0M | ||
| Q4 24 | $13.4M | $109.0M | ||
| Q3 24 | $-8.6M | $71.0M | ||
| Q2 24 | $-18.3M | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | 0.1% | 40.7% | ||
| Q3 25 | 9.7% | 19.6% | ||
| Q2 25 | -1.8% | 14.6% | ||
| Q1 25 | 26.6% | 16.5% | ||
| Q4 24 | 8.0% | 32.4% | ||
| Q3 24 | -5.6% | 17.9% | ||
| Q2 24 | -12.5% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.4% | 4.8% | ||
| Q3 25 | 0.3% | 2.9% | ||
| Q2 25 | 0.7% | 3.0% | ||
| Q1 25 | 0.4% | 2.2% | ||
| Q4 24 | 0.3% | 7.4% | ||
| Q3 24 | 0.2% | 2.0% | ||
| Q2 24 | 0.5% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 2.39× | 0.82× | ||
| Q2 25 | — | 0.80× | ||
| Q1 25 | — | 0.97× | ||
| Q4 24 | — | 1.58× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 0.01× |
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% |
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
