Appian
APPN
37.76
+0.51
+1.37%
Appian
US · APPN
#2586 by market cap
Listed 2017
37.76
+0.51
+1.37%
Live - 5344 symbols - heartbeat 86s ago
· 2026-10-07 20:01
After-hours
38.01
+0.66%
- Market cap
- 2.70B
- P/E (TTM)i
- -269.71
- P/Bi
- -25.72
- EPSi
- 0.02
- Div yieldi
- 0.00%
- 52W posi
- 70%
Reader sentiment
Are you bullish or bearish on APPN?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Fair
- Altman Z-Score is 2.13, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +17.81% YoY
Margins
- Gross margin
- 72.54%
- Operating margin
- 0.08%
- Net margin
- 0.17%
Key ratios & quality
- Enterprise valuei
- 2.77B
- Altman Z-Scorei
- 2.13
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 226.74M | 260.35M | 304.57M | 369.26M | 467.99M | 545.36M | 617.02M | 726.94M |
| Gross profit | 141.82M | 166.51M | 215.81M | 265.17M | 334.69M | 385.02M | 448.78M | 527.34M |
| Selling & admin expenses | 143.81M | 158.94M | 183.47M | 251.56M | 340.49M | 332.57M | 346.24M | 354.54M |
| Research & development | 44.72M | 58.04M | 70.24M | 97.52M | 139.21M | 160.42M | 163.40M | 172.19M |
| Operating profit | -46.72M | -50.47M | -37.90M | -83.91M | -145.01M | -107.97M | -60.85M | 609.00K |
| Pretax profit | -49.21M | -49.89M | -32.59M | -87.86M | -150.23M | -108.23M | -91.21M | 6.44M |
| Tax | 239.00K | 820.00K | 883.00K | 778.00K | 692.00K | 3.21M | 1.05M | 5.21M |
| Net profit | -49.45M | -50.71M | -33.48M | -88.64M | -150.92M | -111.44M | -92.26M | 1.23M |
| Basic EPS | -1 | -1 | 0 | -1 | -2 | -2 | -1 | 0 |
| Diluted EPS | -0.80 | -0.77 | -0.48 | -1.25 | -2.08 | -1.52 | -1.26 | 0.02 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 166.43M | 170.64M | 187.00M | 202.87M | 202.18M | 203.26M |
| Gross profit | 122.39M | 121.69M | 141.71M | 131.40M | 147.77M | 144.74M |
| Selling & admin expenses | 81.39M | 90.02M | 88.33M | 80.03M | 98.29M | 102.88M |
| Research & development | 41.83M | 42.66M | 40.26M | 52.06M | 46.32M | 47.31M |
| Operating profit | -834.00K | -10.98M | 13.11M | -687.00K | 3.16M | -5.44M |
| Pretax profit | -436.00K | 1.26M | 9.20M | -3.58M | -932.00K | -10.05M |
| Tax | 741.00K | 1.57M | 1.38M | 1.52M | 593.00K | 1.77M |
| Net profit | -1.18M | -312.00K | 7.83M | -5.10M | -1.53M | -11.82M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.02 | 0.00 | 0.10 | -0.07 | -0.02 | -0.16 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 209.63M | 277.66M | 365.42M | 338.26M | 422.50M | 414.36M | 435.54M | 519.42M |
| Cash & ST investments | 94.93M | 159.76M | 222.29M | 155.98M | 196.00M | 159.00M | 159.86M | 187.23M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 233.18M | 371.49M | 512.52M | 504.52M | 594.21M | 627.50M | 621.04M | 691.40M |
| Total current liabilities | 128.40M | 112.28M | 155.89M | 215.72M | 270.25M | 371.17M | 354.76M | 452.11M |
| Short-term debt | -- | 5.28M | 6.92M | 8.11M | 11.42M | 78.07M | 21.98M | 22.78M |
| Long-term debt | -- | -- | -- | -- | 115.38M | 140.22M | 240.83M | 231.23M |
| Total liabilities | 159,988,000.00 | 166,248,000.00 | 215,916,000.00 | 270,602,000.00 | 448,514,000.00 | 575,162,000.00 | 653,679,000.00 | 738,388,000.00 |
| Total equity | 73.19M | 205.24M | 296.61M | 233.92M | 145.70M | 52.34M | -32.64M | -46.99M |
| Retained earnings | -145.64M | -135.41M | -168.89M | -257.53M | -408.45M | -519.89M | -612.15M | -610.92M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 411.90M | 411.68M | 439.41M | 519.42M | 453.95M | 410.01M |
| Cash & ST investments | 199.70M | 184.75M | 191.56M | 187.23M | 205.99M | 167.87M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 592.90M | 590.75M | 611.74M | 691.40M | 623.36M | 585.71M |
| Total current liabilities | 330.38M | 347.36M | 370.13M | 452.11M | 402.66M | 411.82M |
| Short-term debt | 22.40M | 22.65M | 25.21M | 22.78M | 22.80M | 23.77M |
| Long-term debt | 238.43M | 236.03M | 233.63M | 231.23M | 228.83M | 226.43M |
| Total liabilities | 624,644,000.00 | 644,489,000.00 | 660,279,000.00 | 738,388,000.00 | 682,330,000.00 | 690,894,000.00 |
| Total equity | -31.75M | -53.74M | -48.54M | -46.99M | -58.97M | -105.18M |
| Retained earnings | -613.33M | -613.64M | -605.82M | -610.92M | -612.45M | -624.26M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -31.32M | -8.93M | -7.62M | -53.92M | -106.55M | -110.44M | 6.88M | 62.87M |
| Depreciation & amortization | 2.02M | 4.74M | 5.85M | 5.74M | 7.30M | 9.47M | 10.03M | 9.71M |
| Free cash flow | -38.34M | -41.35M | -8.87M | -59.98M | -115.65M | -120.08M | 3.08M | 59.56M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 58.26M | 101.65M | 108.26M | -- | 0 | 0 | -50.02M | -20.00M |
| Ending cash balance | 94.93M | 159.76M | 112.46M | 103.96M | 150.38M | 149.35M | 118.55M | 135.81M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 44.97M | -1.94M | 18.71M | 1.14M | 48.83M | 12.08M |
| Depreciation & amortization | 2.45M | 2.52M | 2.46M | 2.28M | 2.27M | 2.51M |
| Free cash flow | 44.32M | -3.09M | 18.06M | 270.00K | 48.64M | 9.78M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 0 | -10.00M | -10.00M | 0 | -21.81M | -43.93M |
| Ending cash balance | 134.98M | 112.21M | 125.25M | 135.81M | 150.03M | 121.11M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -83.31 | -36.43 | -13.34 | -33.42 | -79.51 | -112.54 | -936.62 | -- |
| ROA %i | -25.09 | -16.77 | -7.57 | -17.43 | -27.47 | -18.24 | -14.78 | 0.19 |
| ROIC %i | -83.07 | -26.37 | -10.83 | -27.38 | -48.22 | -29.52 | -24.06 | -- |
| 5-year avg ROE %i | -- | -- | -- | -- | -49.20 | -55.05 | -235.09 | -- |
| EBIT margin %i | -21.62 | -19.02 | -10.54 | -23.69 | -31.74 | -16.57 | -10.96 | 3.75 |
| FCF / sales %i | -- | -- | -- | -- | -- | -- | 0.50 | 8.19 |
| Current ratioi | 1.63 | 2.47 | 2.34 | 1.57 | 1.56 | 1.12 | 1.23 | 1.15 |
| Quick ratioi | 1.36 | 2.05 | 2.05 | 1.33 | 1.34 | 0.89 | 1.00 | 0.98 |
| Debt / assetsi | 0.00 | 14.02 | 11.34 | 11.28 | 30.97 | 44.20 | 50.72 | 43.35 |
| LT debt / equityi | -- | 22.80 | 17.26 | 20.86 | 118.47 | 380.75 | -- | -- |
| Interest coveragei | -247.55 | -134.95 | -67.19 | -235.19 | -88.80 | -5.06 | -2.87 | 1.31 |
| Revenue CAGR (3Y) %i | 26.81 | 25.12 | 19.89 | 17.65 | 21.59 | 21.43 | 18.67 | 15.81 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -- | -- | -- | -- | -- | -- |
| ROA %i | -10.19 | -3.01 | -1.26 | 0.19 | 0.15 | -1.81 |
| ROIC %i | -- | -- | -- | -- | -- | -- |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -5.52 | 1.40 | 2.66 | 3.75 | 3.36 | 1.61 |
| FCF / sales %i | 4.85 | 6.99 | 10.52 | 8.19 | 8.38 | 9.65 |
| Current ratioi | 1.25 | 1.19 | 1.19 | 1.15 | 1.13 | 1.00 |
| Quick ratioi | 1.02 | 0.97 | 0.98 | 0.98 | 0.94 | 0.82 |
| Debt / assetsi | 52.68 | 52.22 | 50.12 | 43.35 | 47.36 | 50.42 |
| LT debt / equityi | -- | -- | -- | -- | -- | -- |
| Interest coveragei | -1.51 | 0.41 | 0.85 | 1.31 | 1.30 | 0.70 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Single segment100.00%
Quote time 2026-10-07 20:01:24 · For reference only, not investment advice and not tailored to your situation.