Appian Corp (APPN) Financial Statements
Industry: Prepackaged Software (Services)
In fiscal 2025, Appian reported revenue of $726.9M, up 17.8% from $617.0M the year before. Net income was $1.2M (a 0.2% net margin), or $0.02 per diluted share. Gross margin was 72.5% and operating margin was 0.1%. Operating activities generated $62.9M of cash, leaving $59.6M of free cash flow. At fiscal year end, Appian held $691.4M in total assets against $738.4M in total liabilities, including $135.8M of cash and equivalents.
Open the full interactive Appian financials → Quarterly statements, key ratios, valuation history and price charts.
Appian Key Stats
| Share Price | $38.71 |
|---|---|
| Market Cap | $2.82B |
| P/E Ratio | 1935.5 |
| Revenue YoY Growth | +17.8% |
| 52-Week Range | $18.72 – $45.64 |
| Shares Outstanding | 72.9 million (basic, 2026 Q2) |
Appian Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $304.6M | $369.3M | $468.0M | $545.4M | $617.0M | $726.9M |
| Cost of Goods Sold | $88.8M | $104.1M | $133.3M | $143.3M | $150.2M | $199.6M |
| Gross Profit | $215.8M | $265.2M | $334.7M | $402.0M | $466.8M | $527.3M |
| Operating Income | -$37.9M | -$83.9M | -$145.0M | -$108.0M | -$60.9M | $609,000 |
| Pre-Tax Income | -$32.6M | -$87.9M | -$150.2M | -$108.2M | -$91.2M | $6.4M |
| Income Tax | $883,000 | $778,000 | $692,000 | $3.2M | $1.1M | $5.2M |
| Net Income | -$33.5M | -$88.6M | -$150.9M | -$111.4M | -$92.3M | $1.2M |
| Diluted EPS | -$0.48 | -$1.25 | -$2.08 | -$1.52 | -$1.26 | $0.02 |
Appian Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $187.0M | $202.9M | $202.2M | $203.3M |
| Net Income | $7.8M | -$5.1M | -$1.5M | -$11.8M |
| Diluted EPS | $0.10 | -$0.07 | -$0.02 | -$0.16 |
Appian Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $112.5M | $100.8M | $148.1M | $149.4M | $118.6M | $135.8M |
| Current Assets | $365.4M | $338.3M | $422.5M | $414.4M | $435.5M | $519.4M |
| Total Assets | $512.5M | $504.5M | $594.2M | $627.5M | $621.0M | $691.4M |
| Current Liabilities | $155.9M | $215.7M | $270.3M | $371.2M | $354.8M | $452.1M |
| Total Long-Term Debt | — | — | $118.1M | $206.6M | $250.4M | $240.8M |
| Total Liabilities | $215.9M | $270.6M | $448.5M | $575.2M | $653.7M | $738.4M |
| Shareholders' Equity | $296.6M | $233.9M | $145.7M | $52.3M | -$32.6M | -$47.0M |
Appian Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$7.6M | -$53.9M | -$106.6M | -$110.4M | $6.9M | $62.9M |
| Cash From Investing | -$153.4M | $41.9M | $10.3M | $28.6M | -$35.4M | -$12.8M |
| Cash From Financing | $110.5M | $2.8M | $142.9M | $79.2M | -$258,000 | -$36.3M |
| Free Cash Flow | -$8.9M | -$60.0M | -$115.6M | -$120.1M | $3.1M | $59.6M |
Figures from Appian's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Appian financials page for every line item.
Appian Company Profile
| Ticker | APPN |
|---|---|
| Exchange | Nasdaq |
| Industry | Prepackaged Software (Services) |
| Headquarters | Mclean, Virginia |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001441683 |
Frequently Asked Questions
What was Appian's revenue in fiscal 2025?
Appian (APPN) reported revenue of $726.9M for fiscal 2025.
What is Appian's annual revenue history?
Appian's annual revenue by fiscal year: 2020: $304.6M; 2021: $369.3M; 2022: $468.0M; 2023: $545.4M; 2024: $617.0M; 2025: $726.9M.
What was Appian's net income in fiscal 2025?
Appian reported net income of $1.2M for fiscal 2025.
What was Appian's earnings per share (EPS) in fiscal 2025?
Appian's diluted EPS was $0.02 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Appian generate in fiscal 2025?
Appian generated $59.6M of free cash flow in fiscal 2025.
What was Appian's revenue last quarter?
In its most recent reported quarter (2026 Q2), Appian reported revenue of $203.3M.
How much debt does Appian have?
Appian reported $240.8M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Appian are outstanding?
Appian reported a weighted average of 72.9 million basic shares outstanding in 2026 Q2.
What is Appian's market cap?
Based on its latest closing price, Appian (APPN) has a market capitalization of about $2.82B.
When does Appian's fiscal year end?
Appian's fiscal year end, as registered with the SEC, is December 31.
Where is Appian headquartered?
Appian lists its business address in Mclean, Virginia in its SEC filings.