Stocks · Technology · Services-Prepackaged Software

APPIAN CORP

APPN Clue Score60
United States Fiscal year ends December CIK 0001441683
$40.10 +3.72% Close, 9 Oct 2026
Price $40.10 −54.27% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 25 May 2017. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue132.9Operating income−11.4Net income−12.5Fiscal year 2017Revenue176.7 +33.0%Operating income−31.8Net income−31.0Fiscal year 2018Revenue226.7 +28.3%Operating income−46.7Net income−49.5Fiscal year 2019Revenue260.4 +14.8%Operating income−50.5Net income−50.7EPS, diluted−0.77Fiscal year 2020Revenue304.6 +17.0%Operating income−37.9Net income−33.5EPS, diluted−0.48Fiscal year 2021Revenue369.3 +21.2%Operating income−83.9Net income−88.6EPS, diluted−1.25Fiscal year 2022Revenue468.0 +26.7%Operating income−145.0Net income−150.9EPS, diluted−2.08Fiscal year 2023Revenue545.4 +16.5%Operating income−108.0Net income−111.4EPS, diluted−1.52Fiscal year 2024Revenue617.0 +13.1%Operating income−60.9Net income−92.3EPS, diluted−1.26Fiscal year 2025Revenue726.9 +17.8%Operating income0.6Net income1.2EPS, diluted0.02
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 132.9 176.7 226.7 260.4 304.6 369.3 468.0 545.4 617.0 726.9
Growth +33.0% +28.3% +14.8% +17.0% +21.2% +26.7% +16.5% +13.1% +17.8%
Operating income −11.4 −31.8 −46.7 −50.5 −37.9 −83.9 −145.0 −108.0 −60.9 0.6
Net income −12.5 −31.0 −49.5 −50.7 −33.5 −88.6 −150.9 −111.4 −92.3 1.2
Growth
EPS, diluted n/a n/a n/a −0.77 −0.48 −1.25 −2.08 −1.52 −1.26 0.02
Growth

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin62.3%Operating margin−8.6%Net margin−9.4%Free cash flow margin−6.6%Fiscal year 2017Gross margin63.5%Operating margin−18.0%Net margin−17.5%Free cash flow margin−5.4%Fiscal year 2018Gross margin62.5%Operating margin−20.6%Net margin−21.8%Free cash flow margin−16.9%Fiscal year 2019Gross margin64.0%Operating margin−19.4%Net margin−19.5%Free cash flow margin−15.9%Fiscal year 2020Gross margin70.9%Operating margin−12.4%Net margin−11.0%Free cash flow margin−2.9%Fiscal year 2021Gross margin71.8%Operating margin−22.7%Net margin−24.0%Free cash flow margin−16.2%Fiscal year 2022Gross margin71.5%Operating margin−31.0%Net margin−32.2%Free cash flow margin−24.7%Fiscal year 2023Gross margin70.6%Operating margin−19.8%Net margin−20.4%Free cash flow margin−22.0%Fiscal year 2024Gross margin72.7%Operating margin−9.9%Net margin−15.0%Free cash flow margin0.5%Fiscal year 2025Gross margin72.5%Operating margin0.1%Net margin0.2%Free cash flow margin8.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 62.3% 63.5% 62.5% 64.0% 70.9% 71.8% 71.5% 70.6% 72.7% 72.5%
Operating margin −8.6% −18.0% −20.6% −19.4% −12.4% −22.7% −31.0% −19.8% −9.9% 0.1%
Net margin −9.4% −17.5% −21.8% −19.5% −11.0% −24.0% −32.2% −20.4% −15.0% 0.2%
Free cash flow margin −6.6% −5.4% −16.9% −15.9% −2.9% −16.2% −24.7% −22.0% 0.5% 8.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−7.8Capital expenditure−1.0Free cash flow−8.7Fiscal year 2017Operating cash flow−9.1Capital expenditure−0.4Free cash flow−9.6Fiscal year 2018Operating cash flow−31.3Capital expenditure−7.0Free cash flow−38.3Fiscal year 2019Operating cash flow−8.9Capital expenditure−32.4Free cash flow−41.3Fiscal year 2020Operating cash flow−7.6Capital expenditure−1.3Free cash flow−8.9Fiscal year 2021Operating cash flow−53.9Capital expenditure−6.1Free cash flow−60.0Fiscal year 2022Operating cash flow−106.6Capital expenditure−9.1Free cash flow−115.6Buybacks0.0Fiscal year 2023Operating cash flow−110.4Capital expenditure−9.6Free cash flow−120.1Buybacks0.0Fiscal year 2024Operating cash flow6.9Capital expenditure−3.8Free cash flow3.1Buybacks−50.0Fiscal year 2025Operating cash flow62.9Capital expenditure−3.3Free cash flow59.6 +1,833.6%Buybacks−20.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −7.8 −9.1 −31.3 −8.9 −7.6 −53.9 −106.6 −110.4 6.9 62.9
Capital expenditure −1.0 −0.4 −7.0 −32.4 −1.3 −6.1 −9.1 −9.6 −3.8 −3.3
Free cash flow −8.7 −9.6 −38.3 −41.3 −8.9 −60.0 −115.6 −120.1 3.1 59.6
Growth +1,833.6%
Buybacks n/a n/a n/a n/a n/a n/a 0.0 0.0 −50.0 −20.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash31.1Total debt20.0Net cash (debt)11.1Shareholders’ equity−63.5Fiscal year 2017Cash73.8Total debt0.0Net cash (debt)73.8Shareholders’ equity45.5Debt to equity0.00Fiscal year 2018Cash94.9Shareholders’ equity73.2Fiscal year 2019Cash159.8Shareholders’ equity205.2Fiscal year 2020Cash112.5Shareholders’ equity296.6Fiscal year 2021Cash100.8Total debt0.0Net cash (debt)100.8Shareholders’ equity233.9Debt to equity0.00Fiscal year 2022Cash148.1Total debt118.1Net cash (debt)30.0Shareholders’ equity145.7Debt to equity0.81Fiscal year 2023Cash149.4Total debt206.6Net cash (debt)−57.2Shareholders’ equity52.3Debt to equity3.95Fiscal year 2024Cash118.6Total debt250.4Net cash (debt)−131.9Shareholders’ equity−32.6Fiscal year 2025Cash135.8Total debt240.8Net cash (debt)−105.0Shareholders’ equity−47.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 31.1 73.8 94.9 159.8 112.5 100.8 148.1 149.4 118.6 135.8
Total debt 20.0 0.0 n/a n/a n/a 0.0 118.1 206.6 250.4 240.8
Net cash (debt) 11.1 73.8 n/a n/a n/a 100.8 30.0 −57.2 −131.9 −105.0
Shareholders’ equity −63.5 45.5 73.2 205.2 296.6 233.9 145.7 52.3 −32.6 −47.0
Debt to equity n/a 0.00 n/a n/a n/a 0.00 0.81 3.95 n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
62.3% 63.5% 62.5% 64.0% 70.9% 71.8% 71.5% 70.6% 72.7% 72.5%
−8.6% −18.0% −20.6% −19.4% −12.4% −22.7% −31.0% −19.8% −9.9% 0.1%
−10.6% −17.1% −21.7% −19.2% −10.7% −23.8% −32.1% −19.8% −14.8% 0.9%
−9.4% −17.5% −21.8% −19.5% −11.0% −24.0% −32.2% −20.4% −15.0% 0.2%
−6.6% −5.4% −16.9% −15.9% −2.9% −16.2% −24.7% −22.0% 0.5% 8.2%
Spending
17.3% 19.7% 19.7% 22.3% 23.1% 26.4% 29.7% 29.4% 26.5% 23.7%
12.8% 15.4% 16.7% 15.9% 17.5% 22.7% 25.7% 15.1% 17.5% 15.6%
0.7% 0.2% 3.1% 12.5% 0.4% 1.6% 1.9% 1.8% 0.6% 0.5%
n/a n/a n/a n/a n/a n/a n/a n/a n/a 80.9%
Returns
n/a −68.1% −67.6% −24.7% −11.3% −37.9% −103.6% −212.9% n/a n/a
−12.1% −19.3% −21.2% −13.7% −6.5% −17.6% −25.4% −17.8% −14.9% 0.2%
Balance and payout
n/a 0.00 n/a n/a n/a 0.00 0.81 3.95 n/a n/a
107.9% 71.7% 68.6% 44.8% 42.1% 53.6% 75.5% 91.7% 105.3% 106.8%
n/a n/a n/a n/a n/a n/a n/a n/a 1,624.0% 33.6%