Appian Corp (NASDAQ:APPN)
Insiders filed in the last 90 days, but none of those trades qualified for scoring — round-trip buys and filings whose price is far off the market are excluded.
Loses money on what it sells.
- Revenue
- $795.3M
- Net income
- -$10.6M
- Net margin
- -1.3%
Heavily indebted for what it earns.
- Total debt
- $295.3M
- Cash
- $121.1M
- Net debt / EBITDA
- 7.80x
Owes more within a year than it holds to pay it.
- Current assets
- $410.0M
- Current liabilities
- $411.8M
- Current ratio
- 1.00
The business funds itself from operations.
- Operating cash flow
- $80.8M
- Free cash flow
- $76.7M
- FCF margin
- 9.6%
Not funding itself by issuing shares.
- Shares outstanding
- 72.9M
- Share growth (1y)
- -1.8%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
APPN Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 203.26 M | 202.18 M | 202.87 M | 187.00 M | 170.64 M | 166.43 M |
| Revenue Growth (YoY) | 19.11 % | 21.48 % | 21.71 % | 21.39 % | 16.52 % | 11.07 % |
| Cost of Revenue | 58.51 M | 54.41 M | 55.90 M | 45.29 M | 43.92 M | 38.92 M |
| Gross Profit | 144.74 M | 147.77 M | 146.97 M | 141.71 M | 126.72 M | 127.51 M |
| SG&A Expense | 102.88 M | 98.29 M | 102.51 M | 88.33 M | 97.36 M | 88.83 M |
| R&D Expense | 47.30 M | 46.32 M | 45.14 M | 40.26 M | 40.35 M | 39.52 M |
| Operating Expenses | 150.18 M | 144.61 M | 147.65 M | 128.60 M | 137.70 M | 128.34 M |
| Operating Income | -5.44 M | 3.16 M | -687.00 K | 13.11 M | -10.98 M | -834.00 K |
| Pretax Income | -10.05 M | -932.00 K | -3.58 M | 9.20 M | 1.26 M | -436.00 K |
| Tax Provision | 1.77 M | 593.00 K | 1.52 M | 1.38 M | 1.57 M | 741.00 K |
| Net Income | -11.82 M | -1.52 M | -5.10 M | 7.83 M | -312.00 K | -1.18 M |
| EPS (Basic) | -0.16 | -0.02 | -0.07 | 0.10 | -0.00 | -0.02 |
| EPS (Diluted) | -0.16 | -0.02 | -0.07 | 0.10 | -0.00 | -0.02 |
| Shares Outstanding | 72.90 M | 73.82 M | 73.89 M | 74.58 M | 74.20 M | 74.09 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.
