Symbols / APPN Stock $20.79 -4.28% Appian Corporation

Technology • Software - Infrastructure • United States • NGM
APPN (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Software - Infrastructure
CEO Mr. Matthew W. Calkins
Exch · Country NGM · United States
Market Cap 1.55B
Enterprise Value 1.65B
Income 1.23M
Sales 726.94M
FCF (ttm) 86.70M
Book/sh -0.64
Cash/sh 2.53
Employees 2,149
Insider 10d —
IPO May 25, 2017
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 1,039.50
Forward P/E 17.85
PEG —
P/S 2.13
P/B -32.74
P/C —
EV/EBITDA 76.75
EV/Sales 2.27
Quick Ratio 1.00
Current Ratio 1.15
Debt/Eq —
LT Debt/Eq —
EPS (ttm) 0.02
EPS next Y 1.16
EPS Growth —
Revenue Growth 21.70%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-05-07
Earnings (prior) 2026-02-19
ROA 1.12%
ROE —
ROIC —
Gross Margin 72.54%
Oper. Margin 1.67%
Profit Margin 0.17%
Shs Outstand 43.28M
Shs Float 36.40M
Insider Own 6.48%
Instit Own 93.53%
Short Float 14.00%
Short Ratio 8.27
Short Interest 5.70M
52W High 46.06
vs 52W High -54.86%
52W Low 19.79
vs 52W Low 5.05%
Beta 1.01
Impl. Vol. 3.13%
Rel Volume 2.69
Avg Volume 1.00M
Volume 2.70M
Target (mean) $31.00
Tgt Median $30.00
Tgt Low $21.00
Tgt High $41.00
# Analysts 5
Recom None
Prev Close $21.72
Price $20.79
Change -4.28%
About

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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$31.00
Mean price target
2. Current target
$20.79
Latest analyst target
3. DCF / Fair value
$36.06
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$20.79
Low
$21.00
High
$41.00
Mean
$31.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-30 down Morgan Stanley Overweight → Equal-Weight $25
2026-02-20 main Citigroup Buy → Buy $38
2026-02-20 main TD Cowen Hold → Hold $30
2026-02-20 main Barclays Underweight → Underweight $21
2026-01-12 main Barclays Underweight → Underweight $34
2026-01-12 up Morgan Stanley Equal-Weight → Overweight $45
2025-11-11 main Morgan Stanley Equal-Weight → Equal-Weight $45
2025-11-07 main Barclays Underweight → Underweight $37
2025-05-13 main Citigroup Buy → Buy $41
2025-05-09 main Morgan Stanley Equal-Weight → Equal-Weight $29
2025-05-09 main DA Davidson Neutral → Neutral $35
2025-05-09 main Barclays Underweight → Underweight $33
2025-04-24 main Scotiabank Sector Perform → Sector Perform $34
2025-04-22 main Citigroup Buy → Buy $40
2025-04-21 main Barclays Underweight → Underweight $28
2025-04-16 main Morgan Stanley Equal-Weight → Equal-Weight $27
2025-04-14 main DA Davidson Neutral → Neutral $28
2025-01-06 init Scotiabank — → Sector Perform $37
2024-12-06 main Barclays Underweight → Underweight $37
2024-11-08 main Barclays Underweight → Underweight $34
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-10 KILBERG BOBBIE G Director — 10,800 — —
2026-04-01 EDWARDS SHIRLEY ANN Director — 1,296 $0.00 $0
2026-04-01 HARTMAN CARL JOSEPH II Director — 1,296 $0.00 $0
2026-04-01 LINK DAVID FORREST Director — 1,296 $0.00 $0
2026-04-01 MCCARTHY WILLIAM D Director — 1,296 $0.00 $0
2026-04-01 LYNCH MARK STEVEN Director — 1,296 $0.00 $0
2026-04-01 KILBERG BOBBIE G Director — 1,296 $0.00 $0
2026-03-05 DORSEY MARK Officer — 3,750 — —
2026-03-05 TANJGA SRDJAN Chief Financial Officer — 16,277 — —
2026-03-03 ZAMUDIO-RAMIREZ PAVEL Officer — 2,259 — —
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
726.94
+17.81%
617.02
+13.14%
545.36
+16.53%
467.99
Operating Revenue
726.94
+17.81%
617.02
+13.14%
545.36
+16.53%
467.99
Cost Of Revenue
199.60
+18.64%
168.24
+4.93%
160.34
+20.28%
133.31
Reconciled Cost Of Revenue
199.60
+18.64%
168.24
+4.93%
160.34
+20.28%
133.31
Gross Profit
527.34
+17.50%
448.78
+16.56%
385.02
+15.04%
334.69
Operating Expense
526.73
+3.35%
509.63
+3.38%
492.99
+2.77%
479.69
Research And Development
172.19
+5.38%
163.40
+1.86%
160.42
+15.24%
139.21
Selling General And Administration
354.54
+2.40%
346.24
+4.11%
332.57
-2.32%
340.49
Selling And Marketing Expense
241.19
+1.15%
238.45
-4.61%
249.97
+13.43%
220.37
General And Administrative Expense
113.36
+5.17%
107.78
+30.48%
82.61
-31.23%
120.11
Other Gand A
113.36
+5.17%
107.78
+30.48%
82.61
-31.23%
120.11
Total Expenses
726.33
+7.15%
677.88
+3.76%
653.34
+6.58%
613.00
Operating Income
0.61
+101.00%
-60.85
+43.64%
-107.97
+25.54%
-145.01
Total Operating Income As Reported
0.61
+101.00%
-60.85
+43.64%
-107.97
+25.54%
-145.01
EBITDA
37.00
+164.24%
-57.60
+28.80%
-80.90
+42.73%
-141.26
Normalized EBITDA
37.00
+164.24%
-57.60
+28.80%
-80.90
+42.73%
-141.26
Reconciled Depreciation
9.71
-3.23%
10.03
+5.88%
9.47
+29.82%
7.30
EBIT
27.29
+140.36%
-67.63
+25.17%
-90.37
+39.17%
-148.56
Net Income
1.23
+101.34%
-92.26
+17.21%
-111.44
+26.16%
-150.92
Pretax Income
6.44
+107.07%
-91.21
+15.73%
-108.23
+27.95%
-150.23
Net Non Operating Interest Income Expense
-20.85
+11.59%
-23.58
-32.02%
-17.86
-967.66%
-1.67
Interest Expense Non Operating
20.85
-11.59%
23.58
+32.02%
17.86
+967.66%
1.67
Net Interest Income
-20.85
+11.59%
-23.58
-32.02%
-17.86
-967.66%
-1.67
Interest Expense
20.85
-11.59%
23.58
+32.02%
17.86
+967.66%
1.67
Other Income Expense
26.68
+493.99%
-6.77
-138.48%
17.60
+596.56%
-3.54
Other Non Operating Income Expenses
26.68
+493.99%
-6.77
-138.48%
17.60
+596.56%
-3.54
Tax Provision
5.21
+394.40%
1.05
-67.15%
3.21
+363.73%
0.69
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
1.23
+101.34%
-92.26
+17.21%
-111.44
+26.16%
-150.92
Net Income From Continuing Operation Net Minority Interest
1.23
+101.34%
-92.26
+17.21%
-111.44
+26.16%
-150.92
Net Income From Continuing And Discontinued Operation
1.23
+101.34%
-92.26
+17.21%
-111.44
+26.16%
-150.92
Net Income Continuous Operations
1.23
+101.34%
-92.26
+17.21%
-111.44
+26.16%
-150.92
Normalized Income
1.23
+101.34%
-92.26
+17.21%
-111.44
+26.16%
-150.92
Net Income Common Stockholders
1.23
+101.34%
-92.26
+17.21%
-111.44
+26.16%
-150.92
Diluted EPS
0.02
+101.59%
-1.26
+17.11%
-1.52
+26.92%
-2.08
Basic EPS
0.02
+101.59%
-1.26
+17.11%
-1.52
+26.92%
-2.08
Basic Average Shares
74.05
+1.45%
72.99
-0.16%
73.10
+0.89%
72.45
Diluted Average Shares
74.65
+2.28%
72.99
-0.16%
73.10
+0.89%
72.45
Diluted NI Availto Com Stockholders
1.23
+101.34%
-92.26
+17.21%
-111.44
+26.16%
-150.92
Line Item Trend 2025-12-31
Total Assets
691.39
Current Assets
519.42
Cash Cash Equivalents And Short Term Investments
187.22
Cash And Cash Equivalents
135.81
Other Short Term Investments
51.41
Receivables
255.06
Accounts Receivable
255.06
Gross Accounts Receivable
258.43
Allowance For Doubtful Accounts Receivable
-3.36
Prepaid Assets
—
Current Deferred Assets
35.17
Restricted Cash
—
Other Current Assets
41.97
Total Non Current Assets
171.97
Net PPE
60.16
Gross PPE
100.91
Accumulated Depreciation
-40.75
Properties
0.00
Buildings And Improvements
28.07
Machinery Furniture Equipment
16.46
Construction In Progress
0.69
Other Properties
0.22
Leases
55.47
Goodwill And Other Intangible Assets
30.06
Goodwill
28.81
Other Intangible Assets
1.25
Investments And Advances
—
Non Current Deferred Assets
70.05
Non Current Deferred Taxes Assets
4.85
Other Non Current Assets
11.70
Total Liabilities Net Minority Interest
738.39
Current Liabilities
452.11
Payables And Accrued Expenses
24.02
Payables
10.43
Accounts Payable
6.66
Current Accrued Expenses
13.59
Pensionand Other Post Retirement Benefit Plans Current
62.90
Total Tax Payable
3.77
Current Debt And Capital Lease Obligation
22.78
Current Debt
9.60
Other Current Borrowings
9.60
Current Capital Lease Obligation
13.18
Current Deferred Liabilities
341.28
Current Deferred Revenue
341.28
Other Current Liabilities
1.13
Total Non Current Liabilities Net Minority Interest
286.28
Long Term Debt And Capital Lease Obligation
276.92
Long Term Debt
231.23
Long Term Capital Lease Obligation
45.69
Non Current Deferred Liabilities
8.96
Non Current Deferred Revenue
8.96
Non Current Deferred Taxes Liabilities
—
Other Non Current Liabilities
0.40
Stockholders Equity
-46.99
Common Stock Equity
-46.99
Capital Stock
0.01
Common Stock
0.01
Share Issued
74.50
Ordinary Shares Number
73.95
Treasury Shares Number
0.54
Additional Paid In Capital
617.32
Retained Earnings
-610.92
Gains Losses Not Affecting Retained Earnings
-36.46
Treasury Stock
16.93
Other Equity Adjustments
-36.46
Total Equity Gross Minority Interest
-46.99
Total Capitalization
184.24
Working Capital
67.32
Invested Capital
193.83
Total Debt
299.70
Net Debt
105.02
Capital Lease Obligations
58.87
Net Tangible Assets
-77.05
Tangible Book Value
-77.05
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
62.87
+814.13%
6.88
+106.23%
-110.44
-3.65%
-106.55
Cash Flow From Continuing Operating Activities
62.87
+814.13%
6.88
+106.23%
-110.44
-3.65%
-106.55
Net Income From Continuing Operations
1.23
+101.34%
-92.26
+17.21%
-111.44
+26.16%
-150.92
Depreciation Amortization Depletion
9.71
-3.23%
10.03
+5.88%
9.47
+29.82%
7.30
Depreciation And Amortization
9.71
-3.23%
10.03
+5.88%
9.47
+29.82%
7.30
Other Non Cash Items
0.60
+1.87%
0.59
+32.66%
0.44
+932.56%
0.04
Stock Based Compensation
41.54
+6.39%
39.05
-10.01%
43.39
+11.74%
38.83
Asset Impairment Charge
2.01
-72.15%
7.22
+561.96%
1.09
-15.95%
1.30
Deferred Tax
-0.35
+61.18%
-0.90
+41.66%
-1.54
-41.51%
-1.09
Deferred Income Tax
-0.35
+61.18%
-0.90
+41.66%
-1.54
-41.51%
-1.09
Operating Gains Losses
-21.73
-229.78%
16.75
+236.55%
-12.26
-408866.67%
0.00
Unrealized Gain Loss On Investment Securities
—
—
—
0.00
Net Foreign Currency Exchange Gain Loss
-21.73
-229.78%
16.75
+236.55%
-12.26
0.00
Gain Loss On Sale Of PPE
—
0.00
0.00
-100.00%
0.00
Change In Working Capital
29.86
+13.09%
26.41
+166.70%
-39.59
-1866.82%
-2.01
Change In Receivables
-51.67
-82.25%
-28.35
-1417.83%
-1.87
+95.07%
-37.92
Changes In Account Receivables
-51.67
-82.25%
-28.35
-1417.83%
-1.87
+95.07%
-37.92
Change In Prepaid Assets
15.32
-7.46%
16.55
+130.23%
-54.75
-2601.18%
-2.03
Change In Payables And Accrued Expense
29.26
+866.42%
-3.82
+16.11%
-4.55
-238.20%
3.29
Change In Accrued Expense
19.99
+778.42%
-2.95
+6.65%
-3.16
-147.96%
6.58
Change In Payable
9.27
+1164.18%
-0.87
+37.52%
-1.39
+57.62%
-3.29
Change In Account Payable
9.27
+1164.18%
-0.87
+37.52%
-1.39
+57.62%
-3.29
Change In Other Working Capital
40.45
-7.03%
43.51
+91.54%
22.71
-34.93%
34.91
Change In Other Current Liabilities
-3.49
-136.06%
-1.48
-30.34%
-1.13
-329.55%
-0.26
Investing Cash Flow
-12.83
+63.76%
-35.39
-223.78%
28.59
+178.55%
10.26
Cash Flow From Continuing Investing Activities
-12.83
+63.76%
-35.39
-223.78%
28.59
+178.55%
10.26
Net PPE Purchase And Sale
-3.32
+12.64%
-3.80
+60.59%
-9.64
-5.96%
-9.10
Purchase Of PPE
-3.32
+12.64%
-3.80
+60.59%
-9.64
-5.96%
-9.10
Capital Expenditure
-3.32
+12.64%
-3.80
+60.59%
-9.64
-5.96%
-9.10
Net Investment Purchase And Sale
-9.51
+69.90%
-31.59
-182.64%
38.23
+97.46%
19.36
Purchase Of Investment
-62.05
-20.18%
-51.63
+3.39%
-53.44
+18.14%
-65.28
Sale Of Investment
52.54
+162.20%
20.04
-78.14%
91.67
+8.30%
84.64
Net Business Purchase And Sale
—
—
0.00
0.00
Purchase Of Business
—
—
0.00
0.00
Financing Cash Flow
-36.28
-13961.24%
-0.26
-100.33%
79.17
-44.59%
142.87
Cash Flow From Continuing Financing Activities
-36.28
-13961.24%
-0.26
-100.33%
79.17
-44.59%
142.87
Net Issuance Payments Of Debt
-10.00
-122.86%
43.75
-50.53%
88.44
-25.92%
119.38
Issuance Of Debt
0.00
-100.00%
50.00
-45.65%
92.00
-23.33%
120.00
Repayment Of Debt
-10.00
-60.00%
-6.25
-75.41%
-3.56
-470.08%
-0.62
Long Term Debt Issuance
0.00
-100.00%
50.00
-45.65%
92.00
-23.33%
120.00
Long Term Debt Payments
-10.00
-60.00%
-6.25
-75.41%
-3.56
-470.08%
-0.62
Net Long Term Debt Issuance
-10.00
-122.86%
43.75
-50.53%
88.44
-25.92%
119.38
Net Common Stock Issuance
-20.00
+60.02%
-50.02
0.00
0.00
Common Stock Payments
-20.00
+60.02%
-50.02
0.00
0.00
Repurchase Of Capital Stock
-20.00
+60.02%
-50.02
0.00
0.00
Proceeds From Stock Option Exercised
1.12
-92.27%
14.46
+1823.01%
0.75
-97.04%
25.43
Net Other Financing Charges
-7.40
+12.47%
-8.45
+15.70%
-10.02
-416.70%
-1.94
Changes In Cash
13.77
+147.86%
-28.77
-970.71%
-2.69
-105.77%
46.58
Effect Of Exchange Rate Changes
3.49
+271.91%
-2.03
-222.45%
1.66
+1142.14%
-0.16
Beginning Cash Position
118.55
-20.62%
149.35
-0.68%
150.38
+44.65%
103.96
End Cash Position
135.81
+14.56%
118.55
-20.62%
149.35
-0.68%
150.38
Free Cash Flow
59.56
+1833.64%
3.08
+102.56%
-120.08
-3.83%
-115.65
Interest Paid Supplemental Data
19.64
-12.98%
22.57
+33.53%
16.91
+911.73%
1.67
Income Tax Paid Supplemental Data
5.12
+53.57%
3.33
-16.63%
4.00
+222.76%
1.24
Common Stock Issuance
—
—
—
0.00
Issuance Of Capital Stock
—
—
—
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category