11 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $727M | $1M | 72.5% | 0.1% | $60M | $241M | $136M |
| 2024 | $617M | -$92M | 72.7% | -9.9% | $3M | $250M | $119M |
| 2023 | $545M | -$111M | 70.6% | -19.8% | -$120M | $207M | $149M |
| 2022 | $468M | -$151M | 71.5% | -31.0% | -$116M | $118M | $148M |
| 2021 | $369M | -$89M | 71.8% | -22.7% | -$60M | $0 | $101M |
| 2020 | $305M | -$33M | 70.9% | -12.4% | -$9M | — | $112M |
| 2019 | $260M | -$51M | 64.0% | -19.4% | -$41M | — | $160M |
| 2018 | $227M | -$49M | 62.5% | -20.6% | -$38M | — | $95M |
| 2017 | $177M | -$31M | 63.5% | -18.0% | -$10M | $0 | $74M |
| 2016 | $133M | -$12M | 62.3% | -8.6% | -$9M | $20M | $31M |
| 2015 | — | -$7M | — | — | -$3M | — | $31M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $202M | -$2M | 73.1% | 1.6% | $49M | $238M | $150M |
| Dec '25 | $203M | -$5M | 64.8% | -0.3% | $270000 | $241M | $136M |
| Sep '25 | $187M | $8M | 75.8% | 7.0% | $18M | $246M | $125M |
| Jun '25 | $171M | -$312000 | 74.3% | -6.4% | -$3M | $246M | $112M |
| Mar '25 | $166M | -$1M | 73.5% | -0.5% | $44M | $248M | $135M |
| Dec '24 | $167M | -$14M | 67.8% | 3.0% | $13M | $250M | $119M |
| Sep '24 | $154M | -$2M | 75.9% | -4.6% | -$9M | $253M | $99M |
| Jun '24 | $146M | -$44M | 73.1% | -26.8% | -$18M | $254M | $121M |
| Mar '24 | $150M | -$33M | 74.6% | -13.0% | $17M | $255M | $170M |
| Dec '23 | $145M | -$10M | 76.4% | -11.6% | -$10M | $207M | $149M |
| Sep '23 | $137M | -$22M | 73.7% | -11.1% | -$65M | $207M | $131M |
| Jun '23 | $128M | -$42M | 71.2% | -31.8% | -$15M | $208M | $172M |
| Mar '23 | $135M | -$37M | 73.3% | -26.1% | -$30M | $209M | $199M |
| Dec '22 | $126M | -$34M | 72.0% | -32.3% | -$16M | $118M | $148M |
| Sep '22 | $118M | -$44M | 71.4% | -32.0% | -$45M | — | $52M |
| Jun '22 | $110M | -$49M | 69.8% | -38.8% | -$31M | — | $76M |
| Mar '22 | $114M | -$23M | 72.9% | -20.9% | -$24M | — | $107M |
| Dec '21 | $105M | -$26M | 73.1% | -24.7% | -$23M | $0 | $101M |
| Sep '21 | $92M | -$25M | 71.3% | -24.8% | -$27M | — | $127M |
| Jun '21 | $83M | -$24M | 68.9% | -29.6% | -$7M | — | $131M |
How the market has priced APPN against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Appian Corp's revenue has grown 19.0% per year. These are computed facts, not advice.
As of FY2025, Appian Corp reported $241M of total debt against $136M of cash; operating income covered interest expense 0.0×.
In FY2025, gross margin was 72.5%, operating margin 0.1%, and net margin 0.2%.
As of Jun '26, Appian Corp traded at a price-to-earnings ratio of about 1227.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.