APPIAN CORP
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $726.9M | $617.0M | $545.4M | $468.0M | $369.3M |
| Cost of revenue | $199.6M | $168.2M | $160.3M | $133.3M | $104.1M |
| Gross profit | $527.3M | $448.8M | $385.0M | $334.7M | $265.2M |
| Research and development | $172.2M | $163.4M | $160.4M | $139.2M | $97.5M |
| Operating expenses | $526.7M | $509.6M | $493.0M | $479.7M | $349.1M |
| Operating income | $609,000 | -$60.9M | -$108.0M | -$145.0M | -$83.9M |
| Interest expense | $20.9M | $23.6M | $17.9M | $1.7M | — |
| Pretax income | $6.4M | -$91.2M | -$108.2M | -$150.2M | -$87.9M |
| Income tax expense | $5.2M | $1.1M | $3.2M | $692,000 | $778,000 |
| Net income | $1.2M | -$92.3M | -$111.4M | -$150.9M | -$88.6M |
| Balance Sheet | |||||
| Cash and equivalents | $135.8M | $118.6M | $149.4M | $148.1M | $100.8M |
| Current assets | $519.4M | $435.5M | $414.4M | $422.5M | $338.3M |
| Total assets | $691.4M | $621.0M | $627.5M | $594.2M | $504.5M |
| Current liabilities | $452.1M | $354.8M | $371.2M | $270.3M | $215.7M |
| Total liabilities | $738.4M | $653.7M | $575.2M | $448.5M | $270.6M |
| Total debt | $241.6M | $251.6M | $207.8M | $119.4M | $0 |
| Stockholders' equity | -$47.0M | -$32.6M | $52.3M | $145.7M | $233.9M |
| Cash Flow Statement | |||||
| Cash from operations | $62.9M | $6.9M | -$110.4M | -$106.6M | -$53.9M |
| Depreciation and amortization | $8.5M | $8.5M | $8.0M | $5.8M | $4.9M |
| Stock-based compensation | $41.5M | $39.0M | $43.4M | $38.8M | $23.8M |
| Capital expenditure | $3.3M | $3.8M | $9.6M | $9.1M | $6.1M |
| Free cash flow | $59.6M | $3.1M | -$120.1M | -$115.6M | -$60.0M |
| Share repurchases | $20.0M | $50.0M | $0 | $0 | — |
| Impairments | $0 | $0 | $0 | $0 | — |
Shares outstanding 73.4M
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.