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Appian Corporation (APPN) 10-Year Financial Performance & Capital Metrics

APPN • • Industrial / General
TechnologyInfrastructure SoftwareAI & Analytics PlatformsLow-Code & Automation Platforms
AboutAppian Corporation provides low-code automation platform in the United States and internationally. The company's platform automates the creation of forms, workflows, data structures, reports, user interfaces, and other software elements that are needed to be manually coded. The company also offers professional and customer support services. It serves to financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation industries. The company was incorporated in 1999 and is headquartered in McLean, Virginia.Show more
  • Revenue $617M +13.1%
  • EBITDA -$51M +48.4%
  • Net Income -$92M +17.2%
  • EPS (Diluted) -1.26 +17.1%
  • Gross Margin 75.66% +2.6%
  • EBITDA Margin -8.24% +54.4%
  • Operating Margin -9.86% +50.2%
  • Net Margin -14.95% +26.8%
  • ROE -936.62% -732.2%
  • ROIC -26.52% +40.7%
  • Debt/Equity -
  • Interest Coverage -2.58 +57.3%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓Strong 5Y sales CAGR of 18.8%

✗Weaknesses

  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y18.84%
3Y18.67%
TTM15.97%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM91.75%

EPS CAGR

10Y-
5Y-
3Y-
TTM91.79%

ROCE

10Y Avg-35.36%
5Y Avg-29.23%
3Y Avg-35.94%
Latest-23.29%

Peer Comparison

Low-Code & Automation Platforms
Select Columns
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Quality & Returns
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TTM Growth
Famous Investor Metrics
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Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
HPAIHelport AI Limited129.92M3.4717.36132.36%24.92%78.66%0.37
APPNAppian Corporation1.27B29.66-23.5413.14%-1.06%-9.37%0.24%
PATHUiPath Inc.6.81B14.79-113.779.3%14.79%11.93%4.49%0.04
KVYOKlaviyo, Inc.3.53B25.60-150.5934.29%-5.7%-5.76%4.21%0.05
VSAIVERSES AI Inc. Common Stock1.31M6.59
HPAIWHelport AI Limited250.16132.36%24.92%78.66%0.37

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+111.2M132.92M176.74M226.74M260.35M304.57M369.26M467.99M545.36M617.02M
Revenue Growth %-0.2%0.33%0.28%0.15%0.17%0.21%0.27%0.17%0.13%
Cost of Goods Sold+48.48M50.12M64.6M84.92M93.84M88.77M104.09M133.31M143.32M150.18M
COGS % of Revenue0.44%0.38%0.37%0.37%0.36%0.29%0.28%0.28%0.26%0.24%
Gross Profit+62.72M82.8M112.14M141.82M166.51M215.81M265.17M334.69M402.04M466.84M
Gross Margin %0.56%0.62%0.63%0.63%0.64%0.71%0.72%0.72%0.74%0.76%
Gross Profit Growth %-0.32%0.35%0.26%0.17%0.3%0.23%0.26%0.2%0.16%
Operating Expenses+67.56M94.17M143.95M188.54M216.98M253.71M349.07M479.69M510.01M527.7M
OpEx % of Revenue0.61%0.71%0.81%0.83%0.83%0.83%0.95%1.03%0.94%0.86%
Selling, General & Admin50.81M71.18M109.12M143.81M158.94M183.47M251.56M340.49M356.92M372.72M
SG&A % of Revenue0.46%0.54%0.62%0.63%0.61%0.6%0.68%0.73%0.65%0.6%
Research & Development16.75M22.99M34.84M44.72M58.04M70.24M97.52M139.21M153.1M154.98M
R&D % of Revenue0.15%0.17%0.2%0.2%0.22%0.23%0.26%0.3%0.28%0.25%
Other Operating Expenses0000941K00000
Operating Income+-4.84M-11.37M-31.81M-46.72M-50.47M-37.9M-83.91M-145.01M-107.97M-60.85M
Operating Margin %-0.04%-0.09%-0.18%-0.21%-0.19%-0.12%-0.23%-0.31%-0.2%-0.1%
Operating Income Growth %--1.35%-1.8%-0.47%-0.08%0.25%-1.21%-0.73%0.26%0.44%
EBITDA+-4.08M-10.61M-30.93M-44.7M-45.73M-32.05M-78.16M-137.71M-98.5M-50.82M
EBITDA Margin %-0.04%-0.08%-0.17%-0.2%-0.18%-0.11%-0.21%-0.29%-0.18%-0.08%
EBITDA Growth %--1.6%-1.92%-0.45%-0.02%0.3%-1.44%-0.76%0.28%0.48%
D&A (Non-Cash Add-back)763K764K886K2.02M4.74M5.85M5.74M7.3M9.47M10.03M
EBIT-6.42M-13.16M-29.77M-49.01M-49.53M-32.12M-87.49M-148.56M-90.37M-67.63M
Net Interest Income+-188K-982K-473K-198K-367K-478K-372K-1.67M-17.86M-23.58M
Interest Income0000000000
Interest Expense188K982K473K198K367K478K372K1.67M17.86M23.58M
Other Income/Expense-1.77M-2.77M1.56M-2.49M574K5.31M-3.96M-5.22M-259K-30.36M
Pretax Income+-6.61M-14.14M-30.25M-49.21M-49.89M-32.59M-87.86M-150.23M-108.23M-91.21M
Pretax Margin %-0.06%-0.11%-0.17%-0.22%-0.19%-0.11%-0.24%-0.32%-0.2%-0.15%
Income Tax+378K-1.68M761K239K820K883K778K692K3.21M1.05M
Effective Tax Rate %1.06%0.88%1.03%1%1.02%1.03%1.01%1%1.03%1.01%
Net Income+-6.99M-12.46M-31.01M-49.45M-50.71M-33.48M-88.64M-150.92M-111.44M-92.26M
Net Margin %-0.06%-0.09%-0.18%-0.22%-0.19%-0.11%-0.24%-0.32%-0.2%-0.15%
Net Income Growth %--0.78%-1.49%-0.59%-0.03%0.34%-1.65%-0.7%0.26%0.17%
Net Income (Continuing)-6.99M-12.46M-31.01M-49.45M-50.71M-33.48M-88.64M-150.92M-111.44M-92.26M
Discontinued Operations0000000000
Minority Interest0000000000
EPS (Diluted)+-0.13-0.23-0.63-0.80-0.77-0.48-1.25-2.08-1.52-1.26
EPS Growth %--0.77%-1.74%-0.27%0.04%0.38%-1.6%-0.66%0.27%0.17%
EPS (Basic)-0.13-0.23-0.63-0.80-0.77-0.48-1.25-2.08-1.52-1.26
Diluted Shares Outstanding54.72M54.72M49.53M62.14M65.48M69.05M71.04M72.46M73.1M72.99M
Basic Shares Outstanding54.72M54.72M49.53M62.14M65.48M69.05M71.04M72.46M73.1M72.99M
Dividend Payout Ratio----------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+72.97M88.38M145.22M209.63M277.66M365.42M338.26M422.5M414.36M435.54M
Cash & Short-Term Investments31.39M31.14M73.76M94.93M159.75M222.29M155.97M196M159M159.86M
Cash Only31.39M31.14M73.76M94.93M159.75M112.46M100.8M148.13M149.35M118.55M
Short-Term Investments00000109.83M55.18M47.86M9.65M41.31M
Accounts Receivable34.23M46.81M55.31M79.38M70.41M97.28M130.05M165.96M171.56M195.07M
Days Sales Outstanding112.35128.55114.24127.7998.71116.58128.55129.44114.82115.39
Inventory0000000000
Days Inventory Outstanding----------
Other Current Assets5.32M7.15M9.12M28.42M14.54M17.9M25.46M60.54M83.79M80.61M
Total Non-Current Assets+10.43M14.35M15.83M23.55M93.82M147.1M166.25M171.72M213.15M185.5M
Property, Plant & Equipment2.89M3.1M2.66M7.54M63.76M66.06M64.81M79.1M82.66M68.19M
Fixed Asset Turnover38.45x42.86x66.37x30.08x4.08x4.61x5.70x5.92x6.60x9.05x
Goodwill000004.86M27.8M26.35M27.11M25.55M
Intangible Assets000001.74M7.14M5.25M3.89M2.24M
Long-Term Investments0000036.12M12.04M000
Other Non-Current Assets7.52M11.24M12.89M15.69M29.57M37.82M53.44M59.07M96.04M85.38M
Total Assets+83.4M102.74M161.05M233.18M371.49M512.52M504.52M594.21M627.5M621.04M
Asset Turnover1.33x1.29x1.10x0.97x0.70x0.59x0.73x0.79x0.87x0.99x
Asset Growth %-0.23%0.57%0.45%0.59%0.38%-0.02%0.18%0.06%-0.01%
Total Current Liabilities+53.5M76.02M95.11M128.4M112.28M155.89M215.72M270.25M371.17M354.76M
Accounts Payable2.63M5.06M5.23M9.25M5.22M2.97M5.77M8M6.17M4.32M
Days Payables Outstanding19.8236.8329.5339.7520.3112.220.2221.915.7210.5
Short-Term Debt06.11M000002.74M66.37M9.6M
Deferred Revenue (Current)1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Other Current Liabilities4.91M3.3M7.65M9.83M13.44M24.15M14.79M44.84M8.7M413K
Current Ratio1.36x1.16x1.53x1.63x2.47x2.34x1.57x1.56x1.12x1.23x
Quick Ratio1.36x1.16x1.53x1.63x2.47x2.34x1.57x1.56x1.12x1.23x
Cash Conversion Cycle----------
Total Non-Current Liabilities+25.87M34.8M20.41M31.59M53.97M60.03M54.88M178.26M203.99M298.92M
Long-Term Debt10M13.89M00000115.38M140.22M240.83M
Capital Lease Obligations000046.79M51.19M48.78M57.23M59.07M52.19M
Deferred Tax Liabilities916K32K87K42K38K70K209K102K2K0
Other Non-Current Liabilities2.06M2.77M1.4M15.4M04.88M3.46M00431K
Total Liabilities79.38M110.81M115.53M159.99M166.25M215.92M270.6M448.51M575.16M653.68M
Total Debt+10M20M0052.07M58.12M56.89M184.03M277.35M314.99M
Net Debt-21.39M-11.14M-73.76M-94.93M-107.68M-54.34M-43.9M35.89M128M196.44M
Debt / Equity2.48x---0.25x0.20x0.24x1.26x5.30x-
Debt / EBITDA----------
Net Debt / EBITDA----------
Interest Coverage-25.76x-11.58x-67.25x-235.95x-137.51x-79.29x-225.56x-86.68x-6.04x-2.58x
Total Equity+4.03M-8.08M45.52M73.19M205.24M296.61M233.92M145.7M52.34M-32.64M
Equity Growth %--3.01%6.64%0.61%1.8%0.45%-0.21%-0.38%-0.64%-1.62%
Book Value per Share0.07-0.150.921.183.134.303.292.010.72-0.45
Total Shareholders' Equity4.03M-8.08M45.52M73.19M205.24M296.61M233.92M145.7M52.34M-32.64M
Common Stock3K3K6K6K6K7K7K7K7K7K
Retained Earnings-51.51M-64.83M-96.19M-145.64M-135.41M-168.89M-257.53M-408.45M-519.89M-612.15M
Treasury Stock0000000000
Accumulated OCI971K1.33M439K542K-285K-5.01M-5.69M-7.25M-23.55M-11.77M
Minority Interest0000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-2.15M-7.76M-9.13M-31.32M-8.93M-7.62M-53.92M-106.55M-110.44M6.88M
Operating CF Margin %-0.02%-0.06%-0.05%-0.14%-0.03%-0.03%-0.15%-0.23%-0.2%0.01%
Operating CF Growth %--2.62%-0.18%-2.43%0.72%0.15%-6.08%-0.98%-0.04%1.06%
Net Income-6.99M-12.46M-31.01M-49.45M-50.71M-33.48M-88.64M-150.92M-111.44M-92.26M
Depreciation & Amortization763K764K886K2.02M4.74M5.85M5.74M7.3M9.47M10.03M
Stock-Based Compensation0012.98M16.05M16.44M15.28M23.84M38.83M43.39M39.05M
Deferred Taxes-291K-1.12M-251K-218K-330K-184K-498K-1.09M-1.54M-899K
Other Non-Cash Items277K207K787K207K245K1.03M489K1.34M-10.73M24.56M
Working Capital Changes4.09M4.86M7.48M66K20.69M3.88M5.14M-2.01M-39.59M26.41M
Change in Receivables-6.64M-11.15M-9.72M-23.33M7.43M-33.56M-33.9M-37.92M-1.87M-28.35M
Change in Inventory-1.24M-1.65M-3.78M798K16.9M4.24M0000
Change in Payables1.06M1.29M4.13M7.46M-4.04M-4.24M11.47M-3.29M-1.39M-871K
Cash from Investing+-524K-984K-433K-7.01M-32.42M-153.36M41.94M10.26M28.59M-35.39M
Capital Expenditures-524K-984K-433K-7.01M-32.42M-1.25M-6.06M-9.1M-9.64M-3.8M
CapEx % of Revenue0%0.01%0%0.03%0.12%0%0.02%0.02%0.02%0.01%
Acquisitions----------
Investments----------
Other Investing0004K0-152.11M0000
Cash from Financing+10M10M50.95M60.96M105.55M110.47M2.79M142.87M79.17M-258K
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid00-7.57M0000000
Share Repurchases----------
Other Financing001.11M2.7M4.55M6.03M2.79M23.49M-9.27M6.01M
Net Change in Cash----------
Free Cash Flow+-2.67M-8.74M-9.56M-38.34M-41.35M-8.87M-59.98M-115.65M-120.08M3.08M
FCF Margin %-0.02%-0.07%-0.05%-0.17%-0.16%-0.03%-0.16%-0.25%-0.22%0%
FCF Growth %--2.27%-0.09%-3.01%-0.08%0.79%-5.76%-0.93%-0.04%1.03%
FCF per Share-0.05-0.16-0.19-0.62-0.63-0.13-0.84-1.60-1.640.04
FCF Conversion (FCF/Net Income)0.31x0.62x0.29x0.63x0.18x0.23x0.61x0.71x0.99x-0.07x
Interest Paid193K895K515K46K331K165K323K1.67M16.91M22.57M
Taxes Paid1.05M610K615K680K356K1.18M1.5M1.24M4M3.33M

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-173.59%--165.6%-83.31%-36.43%-13.34%-33.42%-79.51%-112.54%-936.62%
Return on Invested Capital (ROIC)-----99.85%-16.73%-29.12%-58.53%-44.75%-26.52%
Gross Margin56.4%62.29%63.45%62.55%63.96%70.86%71.81%71.52%73.72%75.66%
Net Margin-6.28%-9.37%-17.54%-21.81%-19.48%-10.99%-24.01%-32.25%-20.43%-14.95%
Debt / Equity2.48x---0.25x0.20x0.24x1.26x5.30x-
Interest Coverage-25.76x-11.58x-67.25x-235.95x-137.51x-79.29x-225.56x-86.68x-6.04x-2.58x
FCF Conversion0.31x0.62x0.29x0.63x0.18x0.23x0.61x0.71x0.99x-0.07x
Revenue Growth-19.53%32.96%28.29%14.82%16.99%21.24%26.74%16.53%13.14%

Revenue by Segment

20172018201920202021202220232024
Subscriptions, Software, and Support----263.74M340.15M412.34M490.57M
Subscriptions, Software, and Support Growth-----28.97%21.22%18.97%
Cloud Subscriptions-----236.92M304.48M368.03M
Cloud Subscriptions Growth------28.52%20.87%
Professional Services Member---105.86M105.52M127.84M133.03M126.45M
Professional Services Member Growth-----0.32%21.15%4.06%-4.94%
Term License Subscriptions--40.43M51.41M63.2M79.75M82.28M92.19M
Term License Subscriptions Growth---27.18%22.93%26.19%3.17%12.04%
Maintenance And Support--15.84M18.08M21.12M23.48M25.57M30.35M
Maintenance And Support Growth---14.09%16.84%11.16%8.93%18.68%
SaaS Subscriptions--95.03M129.22M179.41M---
SaaS Subscriptions Growth---35.98%38.85%---
Subscriptions Software And Support-126.01M------
Subscriptions Software And Support Growth--------
Professional Services-100.73M------
Professional Services Growth--------

Revenue by Geography

20172018201920202021202220232024
UNITED STATES129M161.72M176.19M201.48M243.56M311.07M350.21M391M
UNITED STATES Growth-25.36%8.95%14.36%20.88%27.72%12.58%11.65%
Non-US47.74M65.03M84.17M103.09M125.7M156.92M195.15M226.02M
Non-US Growth-36.21%29.43%22.49%21.93%24.84%24.37%15.82%

Frequently Asked Questions

Growth & Financials

Appian Corporation (APPN) reported $690.8M in revenue for fiscal year 2024. This represents a 521% increase from $111.2M in 2015.

Appian Corporation (APPN) grew revenue by 13.1% over the past year. This is steady growth.

Appian Corporation (APPN) reported a net loss of $7.3M for fiscal year 2024.

Dividend & Returns

Appian Corporation (APPN) has a return on equity (ROE) of -936.6%. Negative ROE indicates the company is unprofitable.

Appian Corporation (APPN) generated $72.6M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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