Appian Corporation APPN R2KAI
Company Overview
Appian Corporation operates as a software company in the United States, Australia, Canada, France, Germany, India, Italy, Japan, Mexico, the Netherlands, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and internationally. The company offers The Appian Platform, an integrated automation platform that enables organizations to design, automate, and optimize critical business processes. The company also offers cloud subscriptions bundled with maintenance and support and hosting services, license subscriptions, and maintenance and support for license subscriptions; and professional and customer support services. In addition, the company offers platforms, such as artificial intelligence, low-code, data fabric, process automation, intelligent document processing, process mining, process intelligence, and case management studio; and solutions, including federal acquisition, public sector case management, state and local e-procurement, contract lifecycle management, insurance connected underwriting, and insurance claims processing. It serves financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation industries. Appian Corporation was incorporated in 1999 and is headquartered in McLean, Virginia.
Why Investors Should Care
Net profit has compounded at 33.6% per year over the last five years.
Revenue has grown at a 15.8% CAGR over the past five years.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $726.94M (+17.8% YoY); net profit $1.23M.
- Trailing 12 Months Year-on-year growth — revenue +21.5%.
- 5-Year Trend Long-term compounding — revenue CAGR 15.8%, profit CAGR 33.6%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 15.81% |
| 1 Year: | 21.50% |
Compounded Profit Growth
| 5 Years: | 33.61% |
| 1 Year: | - |
Stock Price Performance
| 1 Year: | -13.44% |
| 6 Months: | -25.50% |
| 3 Months: | +18.77% |
| 1 Month: | +6.51% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
Appian's low-code platform embeds AI and process automation so enterprises can design, automate and optimise complex business processes.
A unified platform combining low-code, process mining, RPA and AI — including agentic automation — for end-to-end workflow automation.
- AI-powered process automation Appian embeds AI and document processing into its low-code platform to automate judgement-based workflows.
- Agentic AI New agentic-AI capabilities let autonomous agents execute steps within governed enterprise processes.
- Data fabric grounding Appian's data fabric grounds AI in connected enterprise data without heavy migration.
- Low-code automation player adding AI/agentic capabilities to a sticky platform.
- Solid revenue growth (~22%) and high gross margins (~72%).
- Around break-even — improving toward sustainable profitability.
- Competition from larger platforms and macro IT-spend caution are risks.
Curated from public filings and analyst commentary; figures are illustrative.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 15.8% over 5 years.
- Profit CAGR of 33.6% over 5 years.
- Generates positive free cash flow.
CONS
- Trading at a high P/E of 1259.0.
- Trading 44.8% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | APPN Appian Corporation R2KAI | 25.18 | 1,259.00 | $1.07B | 0.00% | 11.41% | -2.62% | 15.81% | 33.61% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.80 | 32.43 | $5.13T | 0.49% | 74.66% | 114.29% | 24.64% | 32.12% |
| 3 | AAPL Apple Inc. NDXSPX | 314.86 | 38.07 | $4.62T | 0.37% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 384.93 | 22.91 | $2.86T | 0.93% | 26.90% | 34.01% | 9.48% | 10.85% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 420.39 | 36.18 | $2.18T | 0.90% | 30.20% | 36.21% | 18.94% | 19.57% |
| 6 | AVGO Broadcom Inc. NDXSPXAI | 389.11 | 64.85 | $1.85T | 0.68% | 16.70% | 37.28% | 24.38% | 26.24% |
| 7 | MU Micron Technology, Inc. NDXSPXAI | 983.12 | 46.37 | $1.11T | 0.06% | 13.69% | 39.82% | 13.68% | 26.02% |
| 8 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 548.13 | 181.50 | $893.78B | 0.00% | 6.33% | 8.06% | 13.64% | 48.64% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,775.64 | 59.55 | $684.36B | 0.47% | 42.97% | 52.24% | 15.55% | 19.55% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | 38.33M | 43.20M | 44.65M | 50.56M | 51.70M | 59.88M | 54.95M | 60.22M | 60.30M | 65.28M | 66.16M | 68.62M | 78.86M | 66.78M | 77.30M | 88.86M | 83.00M | 92.42M | 114.27M | 110.06M | 117.88M | 135.24M | 127.72M | 137.09M | 149.84M | 146.45M | 154.05M | 166.43M | 170.64M | 187.00M | 202.87M | 202.18M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 44.04M | 43.92M | 45.29M | 71.47M | 54.41M |
| Gross Profit | 21.20M | 18.91M | 19.54M | 23.15M | 25.64M | 26.56M | 28.04M | 31.91M | 30.65M | 38.31M | 34.86M | 38.01M | 36.24M | 42.22M | 42.20M | 45.84M | 54.74M | 45.62M | 55.75M | 65.33M | 57.16M | 65.91M | 83.35M | 76.77M | 84.12M | 99.14M | 90.87M | 101.03M | 111.84M | 107.04M | 116.97M | 122.39M | 126.72M | 141.71M | 131.40M | 147.77M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 123.22M | 137.70M | 128.60M | 132.09M | 144.61M |
| Operating Income | 1.18M | -4.54M | -6.17M | -1.84M | -3.51M | -14.82M | -6.52M | -6.96M | -10.25M | -8.29M | -14.88M | -13.30M | -15.32M | -9.79M | -12.29M | -13.06M | -8.61M | -12.10M | -7.51M | -10.49M | -24.58M | -22.90M | -23.87M | -42.75M | -37.78M | -35.27M | -40.66M | -15.22M | -19.54M | -39.19M | -7.16M | -834.00K | -10.98M | 13.11M | -687.00K | 3.16M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.33M | 9.10M | 16.97M | 3.60M | 5.51M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.32M | 5.32M | 5.31M | 4.90M | 4.17M |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -436.00K | 1.26M | 9.20M | -3.58M | -932.00K |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 741.00K | 1.57M | 1.38M | 1.52M | 593.00K |
| Net Income | 755.00K | -4.29M | -4.74M | -4.18M | -3.40M | -14.46M | -6.28M | -6.87M | -9.55M | -10.97M | -15.03M | -13.90M | -15.22M | -10.05M | -14.65M | -10.80M | -11.67M | -11.81M | -3.61M | -13.59M | -23.82M | -25.38M | -23.15M | -49.35M | -44.00M | -36.83M | -42.35M | -22.25M | -32.92M | -43.59M | -2.10M | -1.18M | -312.00K | 7.83M | -5.10M | -1.52M |
| Diluted EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.17 | -0.17 | -0.05 | -0.19 | -0.34 | -0.36 | -0.32 | -0.68 | -0.61 | -0.51 | -0.58 | -0.30 | -0.45 | -0.60 | -0.03 | -0.02 | 0.00 | 0.10 | -0.07 | -0.02 |
| R&D Expense | 4.93M | 5.30M | 6.70M | 6.07M | 7.30M | 9.97M | 8.60M | 8.97M | 9.87M | 10.79M | 11.74M | 12.33M | 13.96M | 12.77M | 15.70M | 15.62M | 16.04M | 17.18M | 18.15M | 20.69M | 23.86M | 26.51M | 29.84M | 33.84M | 37.62M | 41.62M | 39.74M | 37.13M | 39.77M | 39.45M | 38.57M | 41.83M | 40.35M | 40.26M | - | 46.32M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 111.20M | 132.92M | 176.74M | 226.74M | 260.35M | 304.57M | 369.26M | 467.99M | 545.36M | 617.02M | 726.94M |
| Cost of Revenue | - | - | - | - | - | - | - | 133.31M | 160.34M | 168.24M | 199.60M |
| Gross Profit | 62.72M | 82.80M | 112.14M | 141.82M | 166.51M | 215.81M | 265.17M | 334.69M | 385.02M | 448.78M | 527.34M |
| Operating Expenses | - | - | - | - | - | - | - | 479.69M | 492.99M | 509.63M | 526.73M |
| Operating Income | -4.84M | -11.37M | -31.81M | -46.72M | -50.47M | -37.90M | -83.91M | -145.01M | -107.97M | -60.85M | 609.00K |
| EBITDA | - | - | - | - | - | - | - | -141.26M | -80.90M | -57.60M | 37.00M |
| Interest Expense | - | - | - | - | - | - | - | 1.67M | 17.86M | 23.58M | 20.85M |
| Pretax Income | - | - | - | - | - | - | - | -150.23M | -108.23M | -91.21M | 6.44M |
| Tax Provision | - | - | - | - | - | - | - | 692.00K | 3.21M | 1.05M | 5.21M |
| Net Income | -6.99M | -12.46M | -31.01M | -49.45M | -50.71M | -33.48M | -88.64M | -150.92M | -111.44M | -92.26M | 1.23M |
| Diluted EPS | - | - | - | - | -0.77 | -0.48 | -1.25 | -2.08 | -1.52 | -1.26 | 0.02 |
| R&D Expense | 16.75M | 22.99M | 34.84M | 44.72M | 58.04M | 70.24M | 97.52M | 139.21M | 160.42M | 163.40M | 172.19M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 102.74M | 161.05M | 233.18M | 371.49M | 512.52M | - | 594.21M | 627.50M | 621.04M | 691.39M |
| Current Assets | - | - | - | - | - | - | - | - | 422.50M | 414.36M | 435.54M | 519.42M |
| Cash & Equivalents | 24.99M | 31.39M | 31.14M | 73.76M | 94.93M | 159.75M | 112.46M | - | 148.13M | 149.35M | 118.55M | 135.81M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | - | - | - | 165.96M | 171.56M | 195.07M | 255.06M |
| Total Liabilities | - | - | 110.81M | 115.53M | 159.99M | 166.25M | 215.92M | - | 448.51M | 575.16M | 653.68M | 738.39M |
| Current Liabilities | - | - | 76.02M | 95.11M | 128.40M | 112.28M | 155.89M | - | 270.25M | 371.17M | 354.76M | 452.11M |
| Long Term Debt | - | - | 13.89M | 0 | - | - | - | - | 115.38M | 140.22M | 240.83M | 231.23M |
| Total Debt | - | - | - | - | - | - | - | - | 184.03M | 277.35M | 314.99M | 299.70M |
| Total Equity | -42.84M | -50.53M | -63.49M | 45.52M | 73.19M | 205.24M | 296.61M | - | 145.70M | 52.34M | -32.64M | -46.99M |
| Shares Outstanding | - | - | - | - | - | - | - | - | 72.82M | 73.37M | 74.03M | 74.50M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -2.15M | -7.76M | -9.13M | -31.32M | -8.93M | -7.62M | - | -106.55M | -110.44M | 6.88M | 62.87M |
| Investing Cash Flow | -524.00K | -984.00K | -433.00K | -7.01M | -32.42M | -153.36M | - | 10.26M | 28.59M | -35.39M | -12.83M |
| Financing Cash Flow | 10.00M | 10.00M | 50.95M | 60.96M | 105.55M | 110.47M | - | 142.87M | 79.17M | -258.00K | -36.28M |
| Capital Expenditure | -524.00K | -984.00K | -433.00K | -7.01M | -32.42M | -1.25M | - | -9.10M | -9.64M | -3.80M | -3.32M |
| Free Cash Flow | -2.67M | -8.74M | -9.56M | -38.34M | -41.35M | -8.87M | - | -115.65M | -120.08M | 3.08M | 59.56M |
| Net Change in Cash | - | - | - | - | - | - | - | 46.58M | -2.69M | -28.77M | 13.77M |
| Share Buybacks | - | - | - | - | - | - | - | 0 | 0 | 50.02M | 20.00M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 56.4% | 62.3% | 63.5% | 62.5% | 64.0% | 70.9% | 71.8% | 71.5% | 70.6% | 72.7% | 72.5% |
| Operating Margin % | -4.4% | -8.6% | -18.0% | -20.6% | -19.4% | -12.4% | -22.7% | -31.0% | -19.8% | -9.9% | 0.1% |
| Net Margin % | -6.3% | -9.4% | -17.5% | -21.8% | -19.5% | -11.0% | -24.0% | -32.2% | -20.4% | -15.0% | 0.2% |
| ROE % | 13.8% | 19.6% | -68.1% | -67.6% | -24.7% | -11.3% | - | -103.6% | -212.9% | 282.7% | -2.6% |
| ROCE % | - | -42.6% | -48.2% | -44.6% | -19.5% | -10.6% | - | -44.8% | -42.1% | -22.9% | 0.3% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Vanguard Portfolio Management LLC | 9.83% | 4.16M | $100.02M |
| 2 | RPD Fund Management LLC | 9.26% | 3.92M | $94.20M |
| 3 | Fivespan Partners, LP | 8.30% | 3.51M | $84.38M |
| 4 | Blackrock Inc. | 7.62% | 3.23M | $77.54M |
| 5 | Lead Edge Capital Management, Llc | 4.50% | 1.91M | $45.80M |
| 6 | Vanguard Capital Management LLC | 3.97% | 1.68M | $40.34M |
| 7 | Morgan Stanley | 3.65% | 1.55M | $37.15M |
| 8 | Arrowstreet Capital, Limited Partnership | 3.59% | 1.52M | $36.52M |
| 9 | First Trust Advisors LP | 3.20% | 1.36M | $32.59M |
| 10 | State Street Corporation | 2.42% | 1.02M | $24.60M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for APPN
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After a tough stretch for Appian stock, with the share price down 81.6% over the past five years, the current setup pits a cheaper looking valuation against a weak long term return profile and leaves investors weighing how much of the risk …
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APPN — Frequently Asked Questions
What is the current share price of Appian Corporation (APPN)?
As of 2026-07-14 21:23 PDT, Appian Corporation (APPN) trades at $25.18 on NasdaqGM. Its 52-week range is $18.72 to $45.64.
What is the market capitalisation of APPN?
Appian Corporation (APPN) has a market capitalisation of $1.07B on NasdaqGM.
What is the P/E ratio of APPN?
APPN trades at a trailing price-to-earnings (P/E) ratio of 1,259.00. The industry average P/E is 36.02. Its price-to-book (P/B) ratio is -29.94.
What is the return on equity (ROE) of APPN?
APPN has a return on equity (ROE) of -2.62%. Its return on capital employed (ROCE) is 11.41%.
Is APPN a good stock to buy?
This page provides a data-driven analysis of Appian Corporation (APPN), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.