APPIAN CORP
Business
Appian Corporation provides a cloud-based process automation platform that enables enterprises and governments to design, automate, and optimize critical business processes. The platform integrates process orchestration, intelligent document processing, robotic process automation, artificial intelligence, and a unified data fabric to support end-to-end workflow automation. Appian serves large enterprises and government agencies across financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation verticals, distributing through direct sales and strategic partnerships, primarily via subscription licensing model.
Summary from 10-K filed 2026-02-19
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Total revenue | 727 | 617 | 545 | 468 | 369 | |
| Total cost of revenue | 200 | 168 | 160 | 133 | 104 | |
| Gross profit | 527 | 449 | 385 | 335 | 265 | |
| Sales and marketing | 241 | 238 | 250 | 220 | 168 | |
| Research and development | 172 | 163 | 160 | 139 | 98 | |
| General and administrative | 113 | 108 | 83 | 120 | 84 | |
| Total operating expenses | 527 | 510 | 493 | 480 | 349 | |
| Operating income (loss) | 609,000 | −61 | −108 | −145 | −84 | |
| Other (income) expense, net | −27 | 7 | −18 | 4 | 4 | |
| Interest expense | 21 | 24 | 18 | 2 | — | |
| Total other non-operating (income) expense | −6 | 30 | 259,000 | 5 | 4 | |
| Income (loss) before income taxes | 6 | −91 | −108 | −150 | −88 | |
| Income tax expense | 5 | 1 | 3 | 692,000 | 778,000 | |
| Net income (loss) | 1 | −92 | −111 | −151 | −89 | |
| Basic (in usd per share) | 0.02 | −1.26 | −1.52 | −2.08 | −1.25 | |
| Diluted (in usd per share) | 0.02 | −1.26 | −1.52 | −2.08 | −1.25 | |
| Basic (in shares) | 74 | 73 | 73 | 72 | 71 | |
| Diluted (in shares) | 75 | 73 | 73 | 72 | 71 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 136 | 119 | 149 | 148 | 101 | |
| Short-term investments and marketable securities | 51 | 41 | 10 | 48 | 55 | |
| Accounts receivable, net of allowance of $3,362 and $3,396, respectively | 255 | 195 | 172 | 166 | 130 | |
| Deferred commissions, current | 35 | 37 | 34 | 30 | 25 | |
| Prepaid expenses and other current assets | 42 | 44 | 50 | 28 | 27 | |
| Total current assets | 519 | 436 | 414 | 422 | 338 | |
| Property and equipment, net of accumulated depreciation of $40,747 and $32,142, respectively | 32 | 37 | 43 | 42 | 37 | |
| Goodwill | 29 | 26 | 27 | 26 | 28 | |
| Intangible assets, net of accumulated amortization of $7,301 and $5,341, respectively | 1 | 2 | 4 | 5 | 7 | |
| Right-of-use assets for operating leases | 28 | 31 | 40 | 37 | 28 | |
| Deferred commissions, net of current portion | 65 | 61 | 60 | 56 | 49 | |
| Deferred tax assets | 5 | 4 | 3 | 2 | 1 | |
| Other assets | 12 | 25 | 36 | 3 | 2 | |
| Total assets | 691 | 621 | 628 | 594 | 505 | |
| Accounts payable | 7 | 4 | 6 | 8 | 6 | |
| Accrued expenses | 18 | 11 | 11 | 12 | 15 | |
| Accrued compensation and related benefits | 62 | 34 | 38 | 41 | 35 | |
| Deferred revenue | 341 | 282 | 236 | 195 | 150 | |
| Debt | 10 | 10 | 66 | 3 | 0 | |
| Operating lease liabilities | 13 | 12 | 12 | 9 | 8 | |
| Other current liabilities | 1 | 1 | 2 | 3 | 1 | |
| Total current liabilities | 452 | 355 | 371 | 270 | 216 | |
| Long-term debt | 231 | 241 | 140 | 115 | 0 | |
| Non-current operating lease liabilities | 46 | 52 | 59 | 57 | 49 | |
| Deferred revenue, non-current | 9 | 5 | 5 | 6 | 2 | |
| Other non-current liabilities | 398,000 | 431,000 | 0 | 0 | 3 | |
| Total liabilities | 738 | 654 | 575 | 449 | 271 | |
| Commitments and contingent liabilities (see Note 13) | — | — | — | — | — | |
| Treasury stock at cost, 542,288 shares as of December 31, 2025 | −17 | 0 | — | — | — | |
| Additional paid-in capital | 617 | 591 | 596 | 561 | 497 | |
| Accumulated other comprehensive loss | −36 | −12 | −24 | −7 | −6 | |
| Accumulated deficit | −611 | −612 | −520 | −408 | −258 | |
| Total stockholders deficit | −47 | −33 | 52 | 146 | 234 | |
| Total liabilities and stockholders deficit | 691 | 621 | 628 | 594 | 505 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Stock-based compensation | 42 | 39 | 43 | 39 | 24 | |
| Depreciation expense and amortization of intangible assets | 10 | 10 | 9 | 7 | 6 | |
| Lease impairment charges | 800,000 | 6 | 0 | 0 | — | |
| Bad debt expense | 1 | 2 | 1 | 1 | 410,000 | |
| Amortization of debt issuance costs | 600,000 | 589,000 | 444,000 | 43,000 | 0 | |
| Benefit for deferred income taxes | −349,000 | −899,000 | −2 | −1 | −498,000 | |
| Foreign currency transaction losses (gains), net | −22 | 17 | −12 | 0 | 0 | |
| Accounts receivable | −52 | −28 | −2 | −38 | −34 | |
| Prepaid expenses and other assets | 15 | 17 | −55 | −2 | 2 | |
| Deferred commissions | −3 | −3 | −8 | −12 | −22 | |
| Accounts payable and accrued expenses | 9 | −871,000 | −1 | −3 | 11 | |
| Accrued compensation and related benefits | 20 | −3 | −3 | 7 | 13 | |
| Other current and non-current liabilities | −3 | −1 | −1 | −264,000 | −444,000 | |
| Deferred revenue | 47 | 49 | 29 | 48 | 33 | |
| Operating lease assets and liabilities | −4 | −3 | 2 | −329,000 | 2 | |
| Net cash provided by (used by) operating activities | 63 | 7 | −110 | −107 | −54 | |
| Proceeds from maturities of investments | 53 | 20 | 92 | 85 | 121 | |
| Purchases of investments | −62 | −52 | −53 | −65 | −42 | |
| Purchases of property and equipment | −3 | −4 | −10 | −9 | −6 | |
| Net cash (used by) provided by investing activities | −13 | −35 | 29 | 10 | 42 | |
| Proceeds from borrowings | 0 | 50 | 92 | 120 | 0 | |
| Payments for debt issuance costs | 0 | −463,000 | −276,000 | −2 | 0 | |
| Debt repayments | −10 | −6 | −4 | −625,000 | 0 | |
| Repurchase of common stock | −20 | −50 | 0 | 0 | — | |
| Payments for employee taxes related to the net share settlement of equity awards | −7 | −8 | −10 | 0 | 0 | |
| Proceeds from exercise of common stock options | 1 | 14 | 752,000 | 25 | 3 | |
| Net cash (used by) provided by financing activities | −36 | −258,000 | 79 | 143 | 3 | |
| Effect of foreign exchange rate changes on cash and cash equivalents | 3 | −2 | 2 | −159,000 | 694,000 | |
| Net increase (decrease) in cash and cash equivalents | 17 | −31 | −1 | 46 | −9 | |
| Cash paid for interest | 20 | 23 | 17 | 2 | 323,000 | |
| Cash paid for income taxes | 5 | 3 | 4 | 1 | 2 | |
| Accrued capital expenditures | 87,000 | 155,000 | 654,000 | 2 | 379,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is APPIAN CORP's CIK number?
APPIAN CORP's SEC CIK number is 0001441683 (1441683). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find APPIAN CORP's SEC filings?
All of APPIAN CORP's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did APPIAN CORP last report earnings?
APPIAN CORP (APPN) most recently filed an earnings 8-K with the SEC on May 7, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001441683-26-000029). This is APPIAN CORP's most recent earnings filing of record — not a forecast of its next earnings date.
What is APPIAN CORP's most recent earnings 8-K?
APPIAN CORP's latest earnings 8-K (Item 2.02) was filed May 7, 2026 under accession 0001441683-26-000029. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View APPIAN CORP's latest earnings 8-K →
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