Stocks Technology APPN
NASDAQ · TechnologyAppian Corp (APPN)
Appian Corp brought in $842.9M of revenue over the twelve months to September 30, 2026, up 22.0% from a year earlier. It posted a net loss of $6.1M. Operating cash flow minus capital spending left $59.6M of free cash flow in fiscal 2025. At September 30, 2026 it held $47.3M in cash against $199.5M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about Appian Corp
- Net worth
- Appian Corp has a market value (market cap) of $3.7B at the latest share price, and shareholders' equity of -$97.9M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $726.9M (+17.8% year on year), with net income of $1.2M. Over the 12 months to September 30, 2026: revenue $842.9M, net loss $6.1M.
- Cash flow
- In fiscal 2025 operations brought in $62.9M of cash; after $3.3M of capital spending, free cash flow was $59.6M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Appian Corp's next report is expected around February 18, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Appian Corp does
Appian Corp is registered with the SEC under industry code SIC 7372 (Services-Prepackaged Software). Its shares trade on NASDAQ under the ticker APPN.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $726.9M | $1.2M | $0.02 | $59.6M |
| 2024 | $617M | -$92.3M | -$1.26 | $3.1M |
| 2023 | $545.4M | -$111.4M | -$1.52 | -$120.1M |
| 2022 | $468M | -$150.9M | -$2.08 | -$115.6M |
| 2021 | $369.3M | -$88.6M | -$1.25 | -$60M |
| 2020 | $304.6M | -$33.5M | -$0.48 | -$8.9M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where APPN ranks in Technology
Latest SEC filings
What Appian Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 25% to $234.6M versus the same quarter last year; diluted EPS $0.17 versus $0.10.
- November 5, 2026
- October 30, 2026Passive stake changed SCHEDULE 13G/A
- August 14, 2026Passive stake changed SCHEDULE 13G/A
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 19% to $203.3M versus the same quarter last year; diluted EPS -$0.16 versus $0.00.
- August 6, 2026
- June 30, 2026Passive stake (5% or more) SCHEDULE 13G
- June 18, 2026
- June 8, 2026
- May 7, 2026Quarterly report 10-Q · period to March 31, 2026Revenue rose 21% to $202.2M versus the same quarter last year; diluted EPS -$0.02 versus -$0.02.
What is APPN worth? A DCF from its reported cash flow
Insider trades
What the people running Appian Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $4.8M worth of shares in the last 90 days and bought none on the open market. All of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 6, 2026 | Calkins Matthew WCEO and President, Director, 10% owner | Soldpre-planned (10b5-1) | 14,483 | $746.6K |
| November 6, 2026 | Calkins Matthew WCEO and President, Director, 10% owner | Soldpre-planned (10b5-1) | 13,415 | $700.9K |
| November 6, 2026 | Calkins Matthew WCEO and President, Director, 10% owner | Soldpre-planned (10b5-1) | 2,102 | $112K |
| November 5, 2026 | Dorsey MarkChief Revenue Officer | Exercised options | 18,245 | - |
| November 5, 2026 | Dorsey MarkChief Revenue Officer | Shares withheld for tax | 7,591 | $410.1K |
| October 7, 2026 | Calkins Matthew WCEO and President, Director, 10% owner | Soldpre-planned (10b5-1) | 32,600 | $1.2M |
| October 7, 2026 | Calkins Matthew WCEO and President, Director, 10% owner | Soldpre-planned (10b5-1) | 12,400 | $470.8K |
| October 1, 2026 | Kilberg Bobbie GDirector | Received as pay | 886 | - |
Who owns APPN
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Matthew W. Calkins13G, passive | 39.2% | February 7, 2025 |
| Vanguard Portfolio Management13G, passive | 10.06% | March 5, 2026 |
| Fivespan Partners, LP13D, may seek influence with 1 related filers | 7.9% | February 5, 2026 |
| Lead Edge Capital Management, LLC13G, passive with 3 related filers | 6.8% | June 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 213 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Vanguard Portfolio Management LLC | 4,185,786 | +24,227 |
| BlackRock, Inc. | 3,580,307 | +354,220 |
| Fivespan Partners, LP | 3,510,907 | 0 |
| Lead Edge Capital Management, LLC | 2,878,544 | +972,910 |
| RPD Fund Management LLC | 1,856,981 | -2,062,375 |
| Vanguard Capital Management LLC | 1,674,881 | -3,399 |
| Aqr Capital Management LLC | 1,411,062 | +453,442 |
| First Trust Advisors LP | 1,401,079 | +45,118 |
| Arrowstreet Capital, Limited Partnership | 1,384,665 | -134,988 |
| State Street Corp | 1,085,269 | +61,827 |
| Geode Capital Management, LLC | 1,059,811 | +74,312 |
| Mudita Advisors LLP | 839,400 | 0 |
| Baillie Gifford & Co | 735,158 | -170,750 |
| Jacobs Levy Equity Management, Inc | 689,825 | +86,395 |
| Citadel Advisors LLC | 619,025 | +101,016 |
| Qube Research & Technologies Ltd | 538,626 | +245,889 |
| Morgan Stanley | 418,899 | -1,126,964 |
| Fmr LLC | 417,242 | +36,545 |
| Trexquant Investment LP | 396,681 | +90,738 |
| Squarepoint Ops LLC | 382,211 | -8,718 |
Insiders
12 insiders reported holding 2,092,976 shares in total, about $109.6M at the last price.
| Holder | Shares |
|---|---|
| Calkins Matthew WCEO and President, Director, 10% owner | 1,554,144 |
| Kramer Robert CharlesGeneral Manager, Director | 313,937 |
| Lynch Mark StevenDirector | 47,514 |
| Tanjga SrdjanChief Financial Officer | 39,799 |
| Zamudio-Ramirez PavelChief Customer Officer | 33,062 |
| Biddle Albert G.W. IIIDirector | 32,735 |
| Dorsey MarkChief Revenue Officer | 27,828 |
| Edwards Shirley AnnDirector | 15,069 |
| McCarthy William D.Director | 14,243 |
| Hartman Carl Joseph IIDirector | 9,442 |
Questions about APPN
What does Appian Corp do?
Appian Corp is a company in the Technology sector, listed on NASDAQ as APPN. Its shares trade on NASDAQ under the ticker APPN.
What is Appian Corp's net worth?
Appian Corp has a market value (market cap) of $3.7B at the latest share price, and shareholders' equity of -$97.9M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Appian Corp profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $6.1M on revenue of $842.9M.
How much revenue does Appian Corp make?
Over the twelve months to September 30, 2026 Appian Corp reported revenue of $842.9M. That is 22.0% more than a year earlier.
When did Appian Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 9, 2026.
When is Appian Corp's next earnings report?
Appian Corp's next report is expected around February 18, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Appian Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.