# Appian Corporation (APPN)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $1.76B  
**Price:** $23.64 (+0.85%)

> Appian Corporation provides an AI-powered low-code automation platform that enables organizations to rapidly design, automate, and optimize complex business processes and workflows. The platform integrates business process management, case management, robotic process automation, artificial intelligence, data fabric, and process mining into a unified system, supporting end-to-end operations for enterprises and governments. Key features include Agent Studio for deploying AI agents with full data access and governance, Composer for low-code app development, and enhancements for modernizing legacy applications through AI-guided design. Appian Corporation serves sectors such as insurance, public health, defense, and government, with solutions like FHIR-based data reconciliation, predictive risk analysis, and ethical AI for clinical workflows. It offers cloud subscriptions, professional services, maintenance, support, and training, with a primary focus on the United States market. Founded in 1999 and headquartered in McLean, Virginia, Appian Corporation plays a significant role in digital process automation and enterprise software innovation.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $727M | $527M | $609,000 | $1M | — |
| 2024 | $617M | $449M | -$61M | -$92M | — |
| 2023 | $545M | $385M | -$108M | -$111M | — |
| 2022 | $468M | $335M | -$145M | -$151M | — |
| 2021 | $369M | $265M | -$84M | -$89M | — |
| 2020 | $305M | $216M | -$38M | -$33M | — |
| 2019 | $260M | $167M | -$50M | -$51M | — |
| 2018 | $227M | $142M | -$47M | -$49M | — |
| 2017 | $177M | $112M | -$32M | -$31M | — |
| 2016 | $133M | $83M | -$11M | -$12M | — |
| 2015 | $111M | $63M | -$5M | -$7M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $691M | $738M | -$47M | $136M | $241M |
| 2024 | $621M | $654M | -$33M | $119M | $250M |
| 2023 | $628M | $575M | $52M | $149M | $207M |
| 2022 | $594M | $449M | $146M | $148M | $118M |
| 2021 | $505M | $271M | $234M | $101M | — |
| 2020 | $513M | $216M | $297M | $112M | — |
| 2019 | $371M | $166M | $205M | $160M | — |
| 2018 | $233M | $160M | $73M | $95M | — |
| 2017 | $161M | $116M | $46M | $74M | — |
| 2016 | $103M | $111M | -$63M | $31M | $14M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $63M | $3M | $60M |
| 2024 | $7M | $4M | $3M |
| 2023 | -$110M | $10M | -$120M |
| 2022 | -$107M | $9M | -$116M |
| 2021 | -$54M | $6M | -$60M |
| 2020 | -$8M | $1M | -$9M |
| 2019 | -$9M | $32M | -$41M |
| 2018 | -$31M | $7M | -$38M |
| 2017 | -$9M | $433,000 | -$10M |
| 2016 | -$8M | $984,000 | -$9M |
| 2015 | -$2M | $524,000 | -$3M |

Source: [CompaniesByCap](https://companiesbycap.com/company/APPN)