Appian Corp
APPN Nasdaq· Services-Prepackaged Software
Last close · Oct 27, 2026
$49.94
KIRA · Stoqly’s AI analyst, in plain words
- Appian Corp had $727M of revenue in fiscal 2025, up 17.8% on the year before. Over five years, revenue changed +19.0% a year on average.
- Its operating margin was 0.1%, up 9.9 pts: of every 100 in sales, about 0 is left after running the business.
- Appian Corp made $1.2M of net profit in fiscal 2025.
- Free cash flow was $59.6M in fiscal 2025, 8.2% of revenue.
- Appian Corp returned $20.0M to shareholders in fiscal 2025, 34% of free cash flow. The diluted share count rose 2.3%.
- Appian Corp owes $53.6M more than it holds in cash, about 5.2 years of operating profit.
Market cap
$3.6B
P/E
—
Revenue
$727M
Net income
$1.2M
Free cash flow
$59.6M
Operating margin
0.1%
Appian Corp in 30 seconds · fiscal 2025
Are sales growing?
+17.8%
Yes. Sales grew 17.8% last year.
Does it make a profit?
0.2%
A little. It keeps 0.2% of every sale as profit.
Does profit turn into cash?
8.2%
Partly. 8.2% of sales ends up as free cash.
Is debt under control?
5.2x
Heavy. Repaying its debt would take 5.2 years of operating profit.
How healthy are the accounts?
6 / 9
Mixed. It passes 6 of 9 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Appian Corp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 19, 2026
- Legal name
- APPIAN CORP
- CIK
- 0001441683
Appian Corp · APPN
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $369M | $468M | $545M | $617M | $727M |
| Revenue growth | 21.2% | 26.7% | 16.5% | 13.1% | 17.8% |
| Gross margin | 71.8% | 71.5% | 70.6% | 72.7% | 72.5% |
| Operating margin | −22.7% | −31.0% | −19.8% | −9.9% | 0.1% |
| Net income | −$88.6M | −$151M | −$111M | −$92.3M | $1.2M |
| Net margin | −24.0% | −32.2% | −20.4% | −15.0% | 0.2% |
| Diluted EPS | −$1.25 | −$2.08 | −$1.52 | −$1.26 | $0.02 |
| Cash | |||||
| Cash from operations | −$53.9M | −$107M | −$110M | $6.9M | $62.9M |
| Capital expenditure | $6.1M | $9.1M | $9.6M | $3.8M | $3.3M |
| Free cash flow | −$60.0M | −$116M | −$120M | $3.1M | $59.6M |
| FCF margin | −16.2% | −24.7% | −22.0% | 0.5% | 8.2% |
| Share buybacks | — | $0.0M | $0.0M | $50.0M | $20.0M |
| Share count change | 2.9% | 2.0% | 0.9% | −0.2% | 2.3% |
| Debt and strength | |||||
| Cash and short-term investments | $156M | $196M | $159M | $160M | $187M |
| Debt incl. finance leases | $0.0M | $118M | $207M | $250M | $241M |
| Shareholders' equity | $234M | $146M | $52.3M | −$32.6M | −$47.0M |
| Net debt / EBITDA | — | — | — | — | 5.2x |
| Current ratio | 1.6x | 1.6x | 1.1x | 1.2x | 1.1x |
| Interest coverage | — | −86.7x | −6.0x | −2.6x | 0.0x |
| Returns and quality | |||||
| Return on capital | −85.0% | −168.9% | −85.4% | −83.0% | 6.0% |
| Return on equity | −33.4% | −79.5% | −112.5% | −936.6% | — |
| Return on tangible equity | −44.5% | −132.3% | −522.1% | — | — |
| Piotroski F-score | 3 | 2 | 3 | 7 | 6 |
| Altman Z'' | −0.3 | −1.9 | −3.3 | −3.1 | −2.3 |
Insiders bought, 12 months
$0.1M
1 insider
Insiders sold, 12 months
$7.5M
2 insiders
Of sales under plans
97%
$7.3M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Appian Corp · APPN
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $49.94 a share, the company is worth $3.6B.
Source: SEC EDGAR XBRL filings (CIK 0001441683). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.