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APPIAN CORP（APPN）与COMPASS MINERALS INTERNATIONAL INC（CMP）财务数据对比。点击上方公司名可切换其他公司
COMPASS MINERALS INTERNATIONAL INC的季度营收约是APPIAN CORP的2.0倍（$396.1M vs $202.9M），COMPASS MINERALS INTERNATIONAL INC净利率更高（4.7% vs -2.5%，领先7.2%），COMPASS MINERALS INTERNATIONAL INC同比增速更快（28.9% vs 21.7%），APPIAN CORP自由现金流更多（$270.0K vs $-59.8M），过去两年APPIAN CORP的营收复合增速更高（16.4% vs 4.3%）
Appian是总部位于美国弗吉尼亚州麦克莱恩的云计算与企业软件厂商，身处杜勒斯科技走廊产业带。公司提供平台即服务（PaaS）产品，支持企业级软件开发，业务覆盖北美、欧洲、中东及东南亚市场，深耕低代码开发、流程挖掘、业务流程管理和案例管理领域。
指南针矿产国际是一家美国上市矿产企业，总部位于堪萨斯州欧弗兰帕克，是盐、氯化镁和硫酸钾等产品的领先生产商。公司面向北美和英国客户供应经处理与未经处理的散装道路除冰盐，同时向全球种植者提供植物营养产品，此外也生产民用除冰、水质调节产品及相关商用产品。
APPN vs CMP — 直观对比
营收规模更大
CMP
是对方的2.0倍
$202.9M
营收增速更快
CMP
高出7.2%
21.7%
净利率更高
CMP
高出7.2%
-2.5%
自由现金流更多
APPN
多$60.1M
$-59.8M
两年增速更快
APPN
近两年复合增速
4.3%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $202.9M | $396.1M |
| 净利润 | $-5.1M | $18.6M |
| 毛利率 | 64.8% | 16.0% |
| 营业利润率 | -0.3% | 9.2% |
| 净利率 | -2.5% | 4.7% |
| 营收同比 | 21.7% | 28.9% |
| 净利润同比 | 62.6% | 178.8% |
| 每股收益（稀释后） | $-0.06 | $0.43 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收APPNCMP
| Q4 25 | $202.9M | $396.1M | ||
| Q3 25 | $187.0M | $227.5M | ||
| Q2 25 | $170.6M | $214.6M | ||
| Q1 25 | $166.4M | $494.6M | ||
| Q4 24 | $166.7M | $307.2M | ||
| Q3 24 | $154.1M | $208.8M | ||
| Q2 24 | $146.4M | $202.9M | ||
| Q1 24 | $149.8M | $364.0M |
净利润APPNCMP
| Q4 25 | $-5.1M | $18.6M | ||
| Q3 25 | $7.8M | $-7.2M | ||
| Q2 25 | $-312.0K | $-17.0M | ||
| Q1 25 | $-1.2M | $-32.0M | ||
| Q4 24 | $-13.6M | $-23.6M | ||
| Q3 24 | $-2.1M | $-48.3M | ||
| Q2 24 | $-43.6M | $-43.6M | ||
| Q1 24 | $-32.9M | $-38.9M |
毛利率APPNCMP
| Q4 25 | 64.8% | 16.0% | ||
| Q3 25 | 75.8% | 16.9% | ||
| Q2 25 | 74.3% | 19.2% | ||
| Q1 25 | 76.6% | 15.5% | ||
| Q4 24 | 67.8% | 11.2% | ||
| Q3 24 | 75.9% | 9.3% | ||
| Q2 24 | 73.1% | 16.1% | ||
| Q1 24 | 74.6% | 19.7% |
营业利润率APPNCMP
| Q4 25 | -0.3% | 9.2% | ||
| Q3 25 | 7.0% | 5.3% | ||
| Q2 25 | -6.4% | 7.4% | ||
| Q1 25 | -0.5% | -0.6% | ||
| Q4 24 | 3.0% | 0.2% | ||
| Q3 24 | -4.6% | -14.3% | ||
| Q2 24 | -26.8% | 2.9% | ||
| Q1 24 | -13.0% | -10.8% |
净利率APPNCMP
| Q4 25 | -2.5% | 4.7% | ||
| Q3 25 | 4.2% | -3.2% | ||
| Q2 25 | -0.2% | -7.9% | ||
| Q1 25 | -0.7% | -6.5% | ||
| Q4 24 | -8.2% | -7.7% | ||
| Q3 24 | -1.4% | -23.1% | ||
| Q2 24 | -29.8% | -21.5% | ||
| Q1 24 | -22.0% | -10.7% |
每股收益（稀释后）APPNCMP
| Q4 25 | $-0.06 | $0.43 | ||
| Q3 25 | $0.10 | — | ||
| Q2 25 | $0.00 | $-0.41 | ||
| Q1 25 | $-0.02 | $-0.77 | ||
| Q4 24 | $-0.18 | $-0.57 | ||
| Q3 24 | $-0.03 | $-1.17 | ||
| Q2 24 | $-0.60 | $-1.05 | ||
| Q1 24 | $-0.45 | $-0.94 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $187.2M | $46.7M |
| 总债务越低越好 | $240.8M | $890.0M |
| 股东权益账面价值 | $-47.0M | $260.5M |
| 总资产 | $691.4M | $1.5B |
| 负债/权益比越低杠杆越低 | — | 3.42× |
8季度趋势，按日历期对齐
现金及短期投资APPNCMP
| Q4 25 | $187.2M | $46.7M | ||
| Q3 25 | $191.6M | $59.7M | ||
| Q2 25 | $184.8M | $79.4M | ||
| Q1 25 | $199.7M | $49.5M | ||
| Q4 24 | $159.9M | $45.8M | ||
| Q3 24 | $99.2M | $20.2M | ||
| Q2 24 | $120.8M | $12.8M | ||
| Q1 24 | $170.1M | $38.3M |
总债务APPNCMP
| Q4 25 | $240.8M | $890.0M | ||
| Q3 25 | $245.7M | $839.8M | ||
| Q2 25 | $245.6M | $833.4M | ||
| Q1 25 | $248.0M | $807.6M | ||
| Q4 24 | $250.4M | $974.4M | ||
| Q3 24 | $252.8M | $921.2M | ||
| Q2 24 | $254.0M | $875.1M | ||
| Q1 24 | $255.1M | $877.2M |
股东权益APPNCMP
| Q4 25 | $-47.0M | $260.5M | ||
| Q3 25 | $-48.5M | $234.1M | ||
| Q2 25 | $-53.7M | $249.8M | ||
| Q1 25 | $-31.7M | $236.5M | ||
| Q4 24 | $-32.6M | $263.0M | ||
| Q3 24 | $-49.8M | $316.6M | ||
| Q2 24 | $-45.7M | $352.1M | ||
| Q1 24 | $-9.7M | $400.4M |
总资产APPNCMP
| Q4 25 | $691.4M | $1.5B | ||
| Q3 25 | $611.7M | $1.5B | ||
| Q2 25 | $590.7M | $1.5B | ||
| Q1 25 | $592.9M | $1.5B | ||
| Q4 24 | $621.0M | $1.7B | ||
| Q3 24 | $549.9M | $1.6B | ||
| Q2 24 | $554.6M | $1.6B | ||
| Q1 24 | $595.4M | $1.7B |
负债/权益比APPNCMP
| Q4 25 | — | 3.42× | ||
| Q3 25 | — | 3.59× | ||
| Q2 25 | — | 3.34× | ||
| Q1 25 | — | 3.41× | ||
| Q4 24 | — | 3.70× | ||
| Q3 24 | — | 2.91× | ||
| Q2 24 | — | 2.49× | ||
| Q1 24 | — | 2.19× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $1.1M | $-37.0M |
| 自由现金流经营现金流 - 资本支出 | $270.0K | $-59.8M |
| 自由现金流率自由现金流/营收 | 0.1% | -15.1% |
| 资本支出强度资本支出/营收 | 0.4% | 5.8% |
| 现金转化率经营现金流/净利润 | — | -1.99× |
| 过去12个月自由现金流最近4个季度 | $59.6M | $94.1M |
8季度趋势，按日历期对齐
经营现金流APPNCMP
| Q4 25 | $1.1M | $-37.0M | ||
| Q3 25 | $18.7M | $-6.9M | ||
| Q2 25 | $-1.9M | $21.8M | ||
| Q1 25 | $45.0M | $186.9M | ||
| Q4 24 | $13.9M | $-4.1M | ||
| Q3 24 | $-8.2M | $-12.7M | ||
| Q2 24 | $-17.6M | $-6.8M | ||
| Q1 24 | $18.9M | $86.2M |
自由现金流APPNCMP
| Q4 25 | $270.0K | $-59.8M | ||
| Q3 25 | $18.1M | $-22.8M | ||
| Q2 25 | $-3.1M | $3.8M | ||
| Q1 25 | $44.3M | $172.9M | ||
| Q4 24 | $13.4M | $-25.9M | ||
| Q3 24 | $-8.6M | $-33.6M | ||
| Q2 24 | $-18.3M | $-21.5M | ||
| Q1 24 | $16.7M | $56.2M |
自由现金流率APPNCMP
| Q4 25 | 0.1% | -15.1% | ||
| Q3 25 | 9.7% | -10.0% | ||
| Q2 25 | -1.8% | 1.8% | ||
| Q1 25 | 26.6% | 35.0% | ||
| Q4 24 | 8.0% | -8.4% | ||
| Q3 24 | -5.6% | -16.1% | ||
| Q2 24 | -12.5% | -10.6% | ||
| Q1 24 | 11.1% | 15.4% |
资本支出强度APPNCMP
| Q4 25 | 0.4% | 5.8% | ||
| Q3 25 | 0.3% | 7.0% | ||
| Q2 25 | 0.7% | 8.4% | ||
| Q1 25 | 0.4% | 2.8% | ||
| Q4 24 | 0.3% | 7.1% | ||
| Q3 24 | 0.2% | 10.0% | ||
| Q2 24 | 0.5% | 7.2% | ||
| Q1 24 | 1.5% | 8.2% |
现金转化率APPNCMP
| Q4 25 | — | -1.99× | ||
| Q3 25 | 2.39× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
APPN
| Subscriptions Software And Support | $162.3M | 80% |
| Professional Services | $40.6M | 20% |
CMP
| Highway Deicing Salt | $210.8M | 53% |
| Consumer Industrial Salt | $120.7M | 30% |
| Plant Nutrition | $60.8M | 15% |
| Transferred Over Time | $2.8M | 1% |
| Other | $1.0M | 0% |
