Appian Corporation

EDGAR

Annual consolidated revenue for 2025: about USD 726.9M, using the latest reported figures. The previous period, 2024, was about USD 617M.

Watchlist

Latest quarter

Revenue

203 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating margin

-2.68%

2026 Q2 · %

Exact inputs and evidence
  • Operating Income: -5440000 USD Source
  • Revenue: 203256000 USD Source

Operating cash flow

12.1 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 60909000 USD Source
  • Operating Cash Flow: 48827000 USD Source

Free cash flow

9.78 million USD

2026 Q2 · USD

Exact inputs and evidence
  • Operating Cash Flow: 60909000 USD Source
  • Operating Cash Flow: 48827000 USD Source
  • Capital Expenditure: 2491000 USD Source
  • Capital Expenditure: 188000 USD Source
Cash and cash equivalents
121 million USD Source
Exact value

121111000 USD

Long-term debt including current maturities
236 million USD Source
Exact value

236027000 USD

Shares outstanding
71.8 million shares Source
Exact value

71800000 shares

Reported share-count change

-2.97% · -2.2 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 74000000 shares · 2025-06-30· Source
  • 71800000 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

795 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Revenue: 187004000 USD · 2025-07-01 – 2025-09-30 Source
  • Revenue: 726937000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 524070000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 202180000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 203256000 USD · 2026-04-01 – 2026-06-30 Source

Net income

-10.6 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Net income: 7825000 USD · 2025-07-01 – 2025-09-30 Source
  • Net income: 1233000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 6336000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: -1525000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: -11817000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

80.8 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 61737000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 43026000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 62874000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 61737000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 48827000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 60909000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 48827000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

4.01 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Capital expenditure: 2451000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 1797000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 3318000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 2451000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 188000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 2491000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 188000 USD · 2026-01-01 – 2026-03-31 Source

Free cash flow

76.7 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence
  • Operating cash flow: 61737000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 43026000 USD · 2025-01-01 – 2025-06-30 Source
  • Operating cash flow: 62874000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 61737000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 48827000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 60909000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 48827000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 2451000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 1797000 USD · 2025-01-01 – 2025-06-30 Source
  • Capital expenditure: 3318000 USD · 2025-01-01 – 2025-12-31 Source
  • Capital expenditure: 2451000 USD · 2025-01-01 – 2025-09-30 Source
  • Capital expenditure: 188000 USD · 2026-01-01 – 2026-03-31 Source
  • Capital expenditure: 2491000 USD · 2026-01-01 – 2026-06-30 Source
  • Capital expenditure: 188000 USD · 2026-01-01 – 2026-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-06.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 11 of 11 periods available· newest 2025-12-31
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • Total liabilities: 11 of 11 periods available· newest 2025-12-31
  • Current assets: 11 of 11 periods available· newest 2025-12-31
  • Current liabilities: 11 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 5 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 5 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +17.8%

    Prior period

    USD 617.02 million

    –

    Current period

    USD 726.94 million

    –

    Exact inputs and evidence

    726937000 − 617022000 = 109915000 USD

    617022000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    726937000 USD · 2025-01-01 – 2025-12-31

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  • Net income

    +USD 93.5 million

    Prior period

    −USD 92.26 million

    –

    Current period

    USD 1.23 million

    –

    Exact inputs and evidence

    1233000 − -92262000 = 93495000 USD

    -92262000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    1233000 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    +814.1%

    Prior period

    USD 6.88 million

    –

    Current period

    USD 62.87 million

    –

    Exact inputs and evidence

    62874000 − 6878000 = 55996000 USD

    6878000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    62874000 USD · 2025-01-01 – 2025-12-31

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  • Capital expenditure

    -12.6%

    Prior period

    USD 3.8 million

    –

    Current period

    USD 3.32 million

    –

    Exact inputs and evidence

    3318000 − 3798000 = -480000 USD

    3798000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    3318000 USD · 2025-01-01 – 2025-12-31

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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 726.94 million 100% of revenue
  • Cost of revenue USD 199.6 million 27% of revenue
  • Operating expenses USD 526.73 million 72% of revenue
  • Operating income USD 609,000 0.1% of revenue
  • Tax, interest and other Derived −USD 624,000 −0.1% of revenue
  • Net income USD 1.23 million 0.2% of revenue

Cash

  • Operating cash flow USD 62.87 million 8.6% of revenue
  • Capital expenditure USD 3.32 million 0.5% of revenue
  • Free cash flow Derived USD 59.56 million 8.2% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Operating loss: operating costs were 109% of revenue.
  • 2017 Operating loss: operating costs were 118% of revenue.
  • 2018 Operating loss: operating costs were 121% of revenue.
  • 2019 Operating loss: operating costs were 119% of revenue.
  • 2020 Operating loss: operating costs were 112% of revenue.
  • 2021 Operating loss: operating costs were 123% of revenue.
  • 2022 Operating loss: operating costs were 131% of revenue.
  • 2023 Operating loss: operating costs were 120% of revenue.
  • 2024 Operating loss: operating costs were 110% of revenue.
  • 2025 Net income was higher than operating income, so the split is not drawn.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31132923000 144293000 Derived -11370000 1091000 Derived -12461000 -8740000 Derived
Source
2017 2017-01-01 – 2017-12-31176737000 208548000 Derived -31811000 -804000 Derived -31007000 -9561000 Derived
Source
2018 2018-01-01 – 2018-12-31226743000 273462000 Derived -46719000 2732000 Derived -49451000 -38335000 Derived
Source
2019 2019-01-01 – 2019-12-31260352000 310820000 Derived -50468000 246000 Derived -50714000 -41347000 Derived
Source
2020 2020-01-01 – 2020-12-31304573000 342475000 Derived -37902000 -4425000 Derived -33477000 -8871000 Derived
Source
2021 2021-01-01 – 2021-12-31369259000 453166000 Derived -83907000 4734000 Derived -88641000 -59976000 Derived
Source
2022 2022-01-01 – 2022-12-31467991000 613001000 Derived -145010000 5910000 Derived -150920000 -115646000 Derived
Source
2023 2023-01-01 – 2023-12-31545363000 653336000 Derived -107973000 3468000 Derived -111441000 -120079000 Derived
Source
2024 2024-01-01 – 2024-12-31617022000 677875000 Derived -60853000 31409000 Derived -92262000 3080000 Derived
Source
2025 2025-01-01 – 2025-12-31726937000 726328000 Derived 609000 -624000 Derived 1233000 59556000 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 726.9M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.785.1M588.8M392.5M196.3M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue132923000
2017Revenue176737000
2018Revenue226743000
2019Revenue260352000
2020Revenue304573000
2021Revenue369259000
2022Revenue467991000
2023Revenue545363000
2024Revenue617022000
2025Revenue726937000

Revenue growth

Change in revenue from the same financial period one year earlier.

17.8% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.35.6%26.7%17.8%8.9%0.0%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year19.5%
2017Year over year33%
2018Year over year28.3%
2019Year over year14.8%
2020Year over year17%
2021Year over year21.2%
2022Year over year26.7%
2023Year over year16.5%
2024Year over year13.1%
2025Year over year17.8%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 0.1% 2025
Net margin 0.2% 2025
Free cash flow margin 8.2% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.11%-0%-12%-24%-35%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin-8.6%
2017Operating margin-18%
2018Operating margin-20.6%
2019Operating margin-19.4%
2020Operating margin-12.4%
2021Operating margin-22.7%
2022Operating margin-31%
2023Operating margin-19.8%
2024Operating margin-9.9%
2025Operating margin0.1%
2016Net margin-9.4%
2017Net margin-17.5%
2018Net margin-21.8%
2019Net margin-19.5%
2020Net margin-11%
2021Net margin-24%
2022Net margin-32.2%
2023Net margin-20.4%
2024Net margin-15%
2025Net margin0.2%
2016Free cash flow margin-6.6%
2017Free cash flow margin-5.4%
2018Free cash flow margin-16.9%
2019Free cash flow margin-15.9%
2020Free cash flow margin-2.9%
2021Free cash flow margin-16.2%
2022Free cash flow margin-24.7%
2023Free cash flow margin-22%
2024Free cash flow margin0.5%
2025Free cash flow margin8.2%

Operating cash flow

Cash generated by the company’s normal business operations.

USD 62.9M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.76.7M26.5M-23.8M-74.0M-124.3M201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow-7756000
2017Operating cash flow-9128000
2018Operating cash flow-31321000
2019Operating cash flow-8926000
2020Operating cash flow-7620000
2021Operating cash flow-53918000
2022Operating cash flow-106551000
2023Operating cash flow-110442000
2024Operating cash flow6878000
2025Operating cash flow62874000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 59.6M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.73.9M21.8M-30.3M-82.4M-134.4M201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flow-8740000
2017Free cash flow-9561000
2018Free cash flow-38335000
2019Free cash flow-41347000
2020Free cash flow-8871000
2021Free cash flow-59976000
2022Free cash flow-115646000
2023Free cash flow-120079000
2024Free cash flow3080000
2025Free cash flow59556000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

106.8% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.116%87%58%29%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets107.9%
2017Liabilities / assets71.7%
2018Liabilities / assets68.6%
2019Liabilities / assets44.8%
2020Liabilities / assets42.1%
2021Liabilities / assets53.6%
2022Liabilities / assets75.5%
2023Liabilities / assets91.7%
2024Liabilities / assets105.3%
2025Liabilities / assets106.8%

Current assets to current liabilities

Current assets divided by current liabilities.

1.15× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.67×2.00×1.34×0.67×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities1.16×
2017Current assets / current liabilities1.53×
2018Current assets / current liabilities1.63×
2019Current assets / current liabilities2.47×
2020Current assets / current liabilities2.34×
2021Current assets / current liabilities1.57×
2022Current assets / current liabilities1.56×
2023Current assets / current liabilities1.12×
2024Current assets / current liabilities1.23×
2025Current assets / current liabilities1.15×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
−USD 12.46 million
Exact value

Exact value: -12461000 USD

2016-01-01 – 2016-12-31: -12461000 USD Inspect Net Income Open source
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−USD 7.76 million
Exact value

Exact value: -7756000 USD

2016-01-01 – 2016-12-31: -7756000 USD Inspect Operating Cash Flow Open source
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USD 984,000
Exact value

Exact value: 984000 USD

2016-01-01 – 2016-12-31: 984000 USD Inspect Capital Expenditure Open source
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−USD 8.74 million
Calculation and evidence

-7756000 − 984000 USD

Exact free cash flow: -8740000 USD

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2017 2017-01-01 – 2017-12-31
−USD 31.01 million
Exact value

Exact value: -31007000 USD

2017-01-01 – 2017-12-31: -31007000 USD Inspect Net Income Open source
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−USD 9.13 million
Exact value

Exact value: -9128000 USD

2017-01-01 – 2017-12-31: -9128000 USD Inspect Operating Cash Flow Open source
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USD 433,000
Exact value

Exact value: 433000 USD

2017-01-01 – 2017-12-31: 433000 USD Inspect Capital Expenditure Open source
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−USD 9.56 million
Calculation and evidence

-9128000 − 433000 USD

Exact free cash flow: -9561000 USD

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2018 2018-01-01 – 2018-12-31
−USD 49.45 million
Exact value

Exact value: -49451000 USD

2018-01-01 – 2018-12-31: -49451000 USD Inspect Net Income Open source
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−USD 31.32 million
Exact value

Exact value: -31321000 USD

2018-01-01 – 2018-12-31: -31321000 USD Inspect Operating Cash Flow Open source
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USD 7.01 million
Exact value

Exact value: 7014000 USD

2018-01-01 – 2018-12-31: 7014000 USD Inspect Capital Expenditure Open source
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−USD 38.34 million
Calculation and evidence

-31321000 − 7014000 USD

Exact free cash flow: -38335000 USD

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2019 2019-01-01 – 2019-12-31
−USD 50.71 million
Exact value

Exact value: -50714000 USD

2019-01-01 – 2019-12-31: -50714000 USD Inspect Net Income Open source
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−USD 8.93 million
Exact value

Exact value: -8926000 USD

2019-01-01 – 2019-12-31: -8926000 USD Inspect Operating Cash Flow Open source
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USD 32.42 million
Exact value

Exact value: 32421000 USD

2019-01-01 – 2019-12-31: 32421000 USD Inspect Capital Expenditure Open source
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−USD 41.35 million
Calculation and evidence

-8926000 − 32421000 USD

Exact free cash flow: -41347000 USD

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2020 2020-01-01 – 2020-12-31
−USD 33.48 million
Exact value

Exact value: -33477000 USD

2020-01-01 – 2020-12-31: -33477000 USD Inspect Net Income Open source
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−USD 7.62 million
Exact value

Exact value: -7620000 USD

2020-01-01 – 2020-12-31: -7620000 USD Inspect Operating Cash Flow Open source
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USD 1.25 million
Exact value

Exact value: 1251000 USD

2020-01-01 – 2020-12-31: 1251000 USD Inspect Capital Expenditure Open source
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−USD 8.87 million
Calculation and evidence

-7620000 − 1251000 USD

Exact free cash flow: -8871000 USD

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2021 2021-01-01 – 2021-12-31
−USD 88.64 million
Exact value

Exact value: -88641000 USD

2021-01-01 – 2021-12-31: -88641000 USD Inspect Net Income Open source
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−USD 53.92 million
Exact value

Exact value: -53918000 USD

2021-01-01 – 2021-12-31: -53918000 USD Inspect Operating Cash Flow Open source
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USD 6.06 million
Exact value

Exact value: 6058000 USD

2021-01-01 – 2021-12-31: 6058000 USD Inspect Capital Expenditure Open source
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−USD 59.98 million
Calculation and evidence

-53918000 − 6058000 USD

Exact free cash flow: -59976000 USD

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2022 2022-01-01 – 2022-12-31
−USD 150.92 million
Exact value

Exact value: -150920000 USD

2022-01-01 – 2022-12-31: -150920000 USD Inspect Net Income Open source
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−USD 106.55 million
Exact value

Exact value: -106551000 USD

2022-01-01 – 2022-12-31: -106551000 USD Inspect Operating Cash Flow Open source
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USD 9.1 million
Exact value

Exact value: 9095000 USD

2022-01-01 – 2022-12-31: 9095000 USD Inspect Capital Expenditure Open source
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−USD 115.65 million
Calculation and evidence

-106551000 − 9095000 USD

Exact free cash flow: -115646000 USD

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2023 2023-01-01 – 2023-12-31
−USD 111.44 million
Exact value

Exact value: -111441000 USD

2023-01-01 – 2023-12-31: -111441000 USD Inspect Net Income Open source
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−USD 110.44 million
Exact value

Exact value: -110442000 USD

2023-01-01 – 2023-12-31: -110442000 USD Inspect Operating Cash Flow Open source
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USD 9.64 million
Exact value

Exact value: 9637000 USD

2023-01-01 – 2023-12-31: 9637000 USD Inspect Capital Expenditure Open source
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−USD 120.08 million
Calculation and evidence

-110442000 − 9637000 USD

Exact free cash flow: -120079000 USD

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2024 2024-01-01 – 2024-12-31
−USD 92.26 million
Exact value

Exact value: -92262000 USD

2024-01-01 – 2024-12-31: -92262000 USD Inspect Net Income Open source
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USD 6.88 million
Exact value

Exact value: 6878000 USD

2024-01-01 – 2024-12-31: 6878000 USD Inspect Operating Cash Flow Open source
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USD 3.8 million
Exact value

Exact value: 3798000 USD

2024-01-01 – 2024-12-31: 3798000 USD Inspect Capital Expenditure Open source
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USD 3.08 million
Calculation and evidence

6878000 − 3798000 USD

Exact free cash flow: 3080000 USD

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2025 2025-01-01 – 2025-12-31
USD 1.23 million
Exact value

Exact value: 1233000 USD

2025-01-01 – 2025-12-31: 1233000 USD Inspect Net Income Open source
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USD 62.87 million
Exact value

Exact value: 62874000 USD

2025-01-01 – 2025-12-31: 62874000 USD Inspect Operating Cash Flow Open source
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USD 3.32 million
Exact value

Exact value: 3318000 USD

2025-01-01 – 2025-12-31: 3318000 USD Inspect Capital Expenditure Open source
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USD 59.56 million
Calculation and evidence

62874000 − 3318000 USD

Exact free cash flow: 59556000 USD

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

284 filings · 3,268 latest values · 3,268 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001441683, 1441683, APPN, edgar:1441683

Also known as APPIAN CORP, APPIAN CORPORATION, Appian Corporation