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APPIAN CORP（APPN）与REPLIGEN CORP（RGEN）财务数据对比。点击上方公司名可切换其他公司
APPIAN CORP的季度营收约是REPLIGEN CORP的1.0倍（$202.9M vs $197.9M），REPLIGEN CORP净利率更高（6.7% vs -2.5%，领先9.2%），APPIAN CORP同比增速更快（21.7% vs 13.6%），REPLIGEN CORP自由现金流更多（$17.6M vs $270.0K），过去两年APPIAN CORP的营收复合增速更高（16.4% vs 14.4%）
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。
Repligen是一家全球生命科学企业，专注于创新生物工艺技术与系统的研发及商业化，助力提升生物药生产效率。公司1981年成立，总部位于美国马萨诸塞州沃尔瑟姆，于纳斯达克挂牌上市，股票代码RGEN，截至2025年全球员工超1900人，主要服务生物制药领域客户。
APPN vs RGEN — 直观对比
营收规模更大
APPN
是对方的1.0倍
$197.9M
营收增速更快
APPN
高出8.1%
13.6%
净利率更高
RGEN
高出9.2%
-2.5%
自由现金流更多
RGEN
多$17.3M
$270.0K
两年增速更快
APPN
近两年复合增速
14.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $202.9M | $197.9M |
| 净利润 | $-5.1M | $13.3M |
| 毛利率 | 64.8% | 52.5% |
| 营业利润率 | -0.3% | 9.0% |
| 净利率 | -2.5% | 6.7% |
| 营收同比 | 21.7% | 13.6% |
| 净利润同比 | 62.6% | 143.9% |
| 每股收益（稀释后） | $-0.06 | $0.24 |
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APPNRGEN
| Q4 25 | $202.9M | $197.9M | ||
| Q3 25 | $187.0M | $188.8M | ||
| Q2 25 | $170.6M | $182.4M | ||
| Q1 25 | $166.4M | $169.2M | ||
| Q4 24 | $166.7M | $174.1M | ||
| Q3 24 | $154.1M | $154.9M | ||
| Q2 24 | $146.4M | $154.1M | ||
| Q1 24 | $149.8M | $151.3M |
净利润APPNRGEN
| Q4 25 | $-5.1M | $13.3M | ||
| Q3 25 | $7.8M | $14.9M | ||
| Q2 25 | $-312.0K | $14.9M | ||
| Q1 25 | $-1.2M | $5.8M | ||
| Q4 24 | $-13.6M | $-30.3M | ||
| Q3 24 | $-2.1M | $-654.0K | ||
| Q2 24 | $-43.6M | $3.3M | ||
| Q1 24 | $-32.9M | $2.1M |
毛利率APPNRGEN
| Q4 25 | 64.8% | 52.5% | ||
| Q3 25 | 75.8% | 53.2% | ||
| Q2 25 | 74.3% | 50.0% | ||
| Q1 25 | 76.6% | 53.6% | ||
| Q4 24 | 67.8% | 26.1% | ||
| Q3 24 | 75.9% | 50.0% | ||
| Q2 24 | 73.1% | 49.8% | ||
| Q1 24 | 74.6% | 49.5% |
营业利润率APPNRGEN
| Q4 25 | -0.3% | 9.0% | ||
| Q3 25 | 7.0% | 8.9% | ||
| Q2 25 | -6.4% | 7.6% | ||
| Q1 25 | -0.5% | 3.9% | ||
| Q4 24 | 3.0% | -17.7% | ||
| Q3 24 | -4.6% | -5.1% | ||
| Q2 24 | -26.8% | 1.0% | ||
| Q1 24 | -13.0% | 1.3% |
净利率APPNRGEN
| Q4 25 | -2.5% | 6.7% | ||
| Q3 25 | 4.2% | 7.9% | ||
| Q2 25 | -0.2% | 8.2% | ||
| Q1 25 | -0.7% | 3.4% | ||
| Q4 24 | -8.2% | -17.4% | ||
| Q3 24 | -1.4% | -0.4% | ||
| Q2 24 | -29.8% | 2.2% | ||
| Q1 24 | -22.0% | 1.4% |
每股收益（稀释后）APPNRGEN
| Q4 25 | $-0.06 | $0.24 | ||
| Q3 25 | $0.10 | $0.26 | ||
| Q2 25 | $0.00 | $0.26 | ||
| Q1 25 | $-0.02 | $0.10 | ||
| Q4 24 | $-0.18 | $-0.55 | ||
| Q3 24 | $-0.03 | $-0.01 | ||
| Q2 24 | $-0.60 | $0.06 | ||
| Q1 24 | $-0.45 | $0.04 |
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 | $767.6M |
| 总债务越低越好 | $240.8M | $542.2M |
| 股东权益账面价值 | $-47.0M | $2.1B |
| 总资产 | $691.4M | $2.9B |
| 负债/权益比越低杠杆越低 | — | 0.26× |
8季度趋势，按日历期对齐
现金及短期投资APPNRGEN
| Q4 25 | $187.2M | $767.6M | ||
| Q3 25 | $191.6M | $748.7M | ||
| Q2 25 | $184.8M | $708.9M | ||
| Q1 25 | $199.7M | $697.2M | ||
| Q4 24 | $159.9M | $757.4M | ||
| Q3 24 | $99.2M | $784.0M | ||
| Q2 24 | $120.8M | $809.1M | ||
| Q1 24 | $170.1M | $780.6M |
总债务APPNRGEN
| Q4 25 | $240.8M | $542.2M | ||
| Q3 25 | $245.7M | $537.9M | ||
| Q2 25 | $245.6M | — | ||
| Q1 25 | $248.0M | — | ||
| Q4 24 | $250.4M | $525.6M | ||
| Q3 24 | $252.8M | — | ||
| Q2 24 | $254.0M | — | ||
| Q1 24 | $255.1M | — |
股东权益APPNRGEN
| Q4 25 | $-47.0M | $2.1B | ||
| Q3 25 | $-48.5M | $2.1B | ||
| Q2 25 | $-53.7M | $2.1B | ||
| Q1 25 | $-31.7M | $2.0B | ||
| Q4 24 | $-32.6M | $2.0B | ||
| Q3 24 | $-49.8M | $2.0B | ||
| Q2 24 | $-45.7M | $2.0B | ||
| Q1 24 | $-9.7M | $2.0B |
总资产APPNRGEN
| Q4 25 | $691.4M | $2.9B | ||
| Q3 25 | $611.7M | $2.9B | ||
| Q2 25 | $590.7M | $2.9B | ||
| Q1 25 | $592.9M | $2.9B | ||
| Q4 24 | $621.0M | $2.8B | ||
| Q3 24 | $549.9M | $2.8B | ||
| Q2 24 | $554.6M | $2.9B | ||
| Q1 24 | $595.4M | $2.8B |
负债/权益比APPNRGEN
| Q4 25 | — | 0.26× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $25.7M |
| 自由现金流经营现金流 - 资本支出 | $270.0K | $17.6M |
| 自由现金流率自由现金流/营收 | 0.1% | 8.9% |
| 资本支出强度资本支出/营收 | 0.4% | 4.1% |
| 现金转化率经营现金流/净利润 | — | 1.93× |
| 过去12个月自由现金流最近4个季度 | $59.6M | $93.9M |
8季度趋势，按日历期对齐
经营现金流APPNRGEN
| Q4 25 | $1.1M | $25.7M | ||
| Q3 25 | $18.7M | $48.1M | ||
| Q2 25 | $-1.9M | $28.6M | ||
| Q1 25 | $45.0M | $15.0M | ||
| Q4 24 | $13.9M | $39.2M | ||
| Q3 24 | $-8.2M | $49.3M | ||
| Q2 24 | $-17.6M | $42.2M | ||
| Q1 24 | $18.9M | $44.7M |
自由现金流APPNRGEN
| Q4 25 | $270.0K | $17.6M | ||
| Q3 25 | $18.1M | $43.4M | ||
| Q2 25 | $-3.1M | $21.5M | ||
| Q1 25 | $44.3M | $11.4M | ||
| Q4 24 | $13.4M | $33.6M | ||
| Q3 24 | $-8.6M | $42.3M | ||
| Q2 24 | $-18.3M | $37.4M | ||
| Q1 24 | $16.7M | $36.4M |
自由现金流率APPNRGEN
| Q4 25 | 0.1% | 8.9% | ||
| Q3 25 | 9.7% | 23.0% | ||
| Q2 25 | -1.8% | 11.8% | ||
| Q1 25 | 26.6% | 6.8% | ||
| Q4 24 | 8.0% | 19.3% | ||
| Q3 24 | -5.6% | 27.3% | ||
| Q2 24 | -12.5% | 24.3% | ||
| Q1 24 | 11.1% | 24.0% |
资本支出强度APPNRGEN
| Q4 25 | 0.4% | 4.1% | ||
| Q3 25 | 0.3% | 2.5% | ||
| Q2 25 | 0.7% | 3.9% | ||
| Q1 25 | 0.4% | 2.1% | ||
| Q4 24 | 0.3% | 3.2% | ||
| Q3 24 | 0.2% | 4.5% | ||
| Q2 24 | 0.5% | 3.1% | ||
| Q1 24 | 1.5% | 5.5% |
现金转化率APPNRGEN
| Q4 25 | — | 1.93× | ||
| Q3 25 | 2.39× | 3.23× | ||
| Q2 25 | — | 1.92× | ||
| Q1 25 | — | 2.57× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 12.70× | ||
| Q1 24 | — | 21.35× |
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% |
RGEN
暂无分部数据
