APPIAN CORP
APPNNasdaqTechnology · Services-Prepackaged Software · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $726.9M | $617.0M | $545.4M | $468.0M | $369.3M | $304.6M |
| Operating income | $609,000 | −$60.9M | −$108.0M | −$145.0M | −$83.9M | −$37.9M |
| Net income | $1.2M | −$92.3M | −$111.4M | −$150.9M | −$88.6M | −$33.5M |
| Total assets | $691.4M | $621.0M | $627.5M | $594.2M | $504.5M | $512.5M |
| Total liabilities | $738.4M | $653.7M | $575.2M | $448.5M | $270.6M | $215.9M |
| Equity | −$47.0M | −$32.6M | $52.3M | $145.7M | $233.9M | $296.6M |
| EPS (diluted) | $0.02 | $-1.26 | $-1.52 | $-2.08 | $-1.25 | $-0.48 |
| Shares out. | 74.0M | 74.0M | 73.1M | 72.5M | 71.0M | 69.1M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 0.1%
- Net margin
- 0.2%
- Return on equity
- −2.6%
- Return on assets
- 0.2%
- Return on capital (ROCE)
- 0.3%
- Liabilities / assets
- 106.8%
- Debt / equity
- —
- Book value / share
- $-0.64
- Revenue growth (YoY)
- 17.8%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -2.30distress
- Accruals / assets
- −8.9%clean
- Piotroski F-Score
- 7/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 severe● 1 warning● 4 good- Negative shareholder equity
- Altman Z″ in the distress zone
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Group IncPassive (13G)Mar 26, 2026
- Vanguard Portfolio Management LlcPassive (13G)Mar 5, 2026
- Rpd Fund Management LlcPassive (13G)Feb 24, 2026
- Fivespan Partners, LpActivist (13D)Feb 5, 2026
- Abdiel Qualified Master Fund LpActivist (13D)Aug 27, 2025
- Calkins Matthew WPassive (13G)Feb 7, 2025
- Hawk Ridge Capital Management LpPassive (13G)Sep 30, 2024
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Dorsey MarkOfficer — Chief Revenue Officer | May 13, 2026 | Buy | 5,220 | $19.13 |
| Zamudio-Ramirez PavelOfficer — Chief Customer Officer | May 6, 2026 | Option exercise | 10,272 | $0.00 |
| Kilberg Bobbie GDirector | Apr 10, 2026 | Conversion | 10,800 | — |
| Link David ForrestDirector | Apr 1, 2026 | Grant | 1,296 | $0.00 |
| Mccarthy William D.Director | Apr 1, 2026 | Grant | 1,296 | $0.00 |
| Lynch Mark StevenDirector | Apr 1, 2026 | Grant | 1,296 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 6.1M | 5.5 | -2.3% |
| Apr 30, 2026 | 6.2M | 6.1 | +8.8% |
| Apr 15, 2026 | 5.7M | 7.2 | +18.7% |
| Mar 31, 2026 | 4.8M | 8.1 | -7.3% |
| Mar 13, 2026 | 5.2M | 7.0 | -3.3% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Results of operations · Other material eventMay 7, 2026
- Results of operations · Other material eventFeb 19, 2026
- Director / officer changeJan 21, 2026
- Results of operationsNov 6, 2025
- Director / officer changeOct 2, 2025
- Other material eventAug 29, 2025
- Results of operationsAug 7, 2025
- Shareholder voteJun 5, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.