# Appian Corp: overview

APPN · Nasdaq · CIK 1441683 · [Technology](/sectors/technology.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/appn.md) · [Financials](/companies/appn/financials.md) · [Filings](/companies/appn/filings.md) · [Insiders](/companies/appn/insiders.md)

Latest reported revenue: [$203.3m](/filings/0001441683-26-000053.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001441683-26-000053).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [154](/filings/0001441683-25-000068.md) | [167 d](/filings/0001441683-26-000013.md) | [166](/filings/0001441683-26-000032.md) | [171](/filings/0001441683-26-000053.md) | [187](/filings/0001441683-25-000068.md) | [203 d](/filings/0001441683-26-000013.md) | [202](/filings/0001441683-26-000032.md) | [203](/filings/0001441683-26-000053.md) |
| Gross margin | % | [75.9%](/filings/0001441683-25-000068.md) | [67.8% d](/filings/0001441683-26-000013.md) | [73.5%](/filings/0001441683-26-000032.md) | [71.3%](/filings/0001441683-26-000053.md) | [75.8%](/filings/0001441683-25-000068.md) | [64.8% d](/filings/0001441683-26-000013.md) | [73.1%](/filings/0001441683-26-000032.md) | [71.2%](/filings/0001441683-26-000053.md) |
| Operating margin | % | [(4.6%)](/filings/0001441683-25-000068.md) | [3.0% d](/filings/0001441683-26-000013.md) | [(0.5%)](/filings/0001441683-26-000032.md) | [(6.4%)](/filings/0001441683-26-000053.md) | [7.0%](/filings/0001441683-25-000068.md) | [(0.3%) d](/filings/0001441683-26-000013.md) | [1.6%](/filings/0001441683-26-000032.md) | [(2.7%)](/filings/0001441683-26-000053.md) |
| Net margin | % | [(1.4%)](/filings/0001441683-25-000068.md) | [(8.2%) d](/filings/0001441683-26-000013.md) | [(0.7%)](/filings/0001441683-26-000053.md) | [(0.2%)](/filings/0001441683-26-000053.md) | [4.2%](/filings/0001441683-25-000068.md) | [(2.5%) d](/filings/0001441683-26-000013.md) | [(0.8%)](/filings/0001441683-26-000053.md) | [(5.8%)](/filings/0001441683-26-000053.md) |
| Diluted EPS | $ per share | [(0.03)](/filings/0001441683-25-000068.md) | not reported | [(0.02)](/filings/0001441683-26-000032.md) | [0.00](/filings/0001441683-26-000053.md) | [0.10](/filings/0001441683-25-000068.md) | not reported | [(0.02)](/filings/0001441683-26-000032.md) | [(0.16)](/filings/0001441683-26-000053.md) |
| Free cash flow | $m | [(8.6) d](/filings/0001441683-25-000068.md) | [13.4 d](/filings/0001441683-26-000013.md) | [44.3](/filings/0001441683-26-000032.md) | [(3.1) d](/filings/0001441683-26-000053.md) | [18.1 d](/filings/0001441683-25-000068.md) | [0.3 d](/filings/0001441683-26-000013.md) | [48.6](/filings/0001441683-26-000032.md) | [9.8 d](/filings/0001441683-26-000053.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [369](/filings/0001441683-24-000016.md) | [468](/filings/0001441683-25-000017.md) | [545](/filings/0001441683-26-000013.md) | [617](/filings/0001441683-26-000013.md) | [727](/filings/0001441683-26-000013.md) |
| Gross margin | % | [71.8%](/filings/0001441683-24-000016.md) | [71.5%](/filings/0001441683-25-000017.md) | [70.6%](/filings/0001441683-26-000013.md) | [72.7%](/filings/0001441683-26-000013.md) | [72.5%](/filings/0001441683-26-000013.md) |
| Operating margin | % | [(22.7%)](/filings/0001441683-24-000016.md) | [(31.0%)](/filings/0001441683-25-000017.md) | [(19.8%)](/filings/0001441683-26-000013.md) | [(9.9%)](/filings/0001441683-26-000013.md) | [0.1%](/filings/0001441683-26-000013.md) |
| Net margin | % | [(24.0%)](/filings/0001441683-24-000016.md) | [(32.2%)](/filings/0001441683-25-000017.md) | [(20.4%)](/filings/0001441683-26-000013.md) | [(15.0%)](/filings/0001441683-26-000013.md) | [0.2%](/filings/0001441683-26-000013.md) |
| Diluted EPS | $ per share | [(1.25)](/filings/0001441683-24-000016.md) | [(2.08)](/filings/0001441683-25-000017.md) | [(1.52)](/filings/0001441683-26-000013.md) | [(1.26)](/filings/0001441683-26-000013.md) | [0.02](/filings/0001441683-26-000013.md) |
| Free cash flow | $m | [(60.0)](/filings/0001441683-24-000016.md) | [(116)](/filings/0001441683-25-000017.md) | [(120)](/filings/0001441683-26-000013.md) | [3.1](/filings/0001441683-26-000013.md) | [59.6](/filings/0001441683-26-000013.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/appn/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $95.9m | 4,185,786 |  | Added +24,227 |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $82.0m | 3,580,307 |  | Added +354,220 |
| [Fivespan Partners, LP](/funds/2040262.md) | 2026-06-30 | $80.4m | 3,510,907 |  | Unchanged |
| [Lead Edge Capital Management, LLC](/funds/1802797.md) | 2026-06-30 | $65.9m | 2,878,544 |  | Added +972,910 |
| [RPD Fund Management LLC](/funds/1832568.md) | 2026-06-30 | $42.5m | 1,856,981 |  | Reduced −2,062,375 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $38.4m | 1,674,881 |  | Reduced −3,399 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $32.3m | 1,411,062 |  | Added +453,442 |
| [FIRST TRUST ADVISORS LP](/funds/1125816.md) | 2026-06-30 | $32.1m | 1,401,079 |  | Added +45,118 |
| [ARROWSTREET CAPITAL, LIMITED PARTNERSHIP](/funds/1164508.md) | 2026-06-30 | $31.7m | 1,384,665 |  | Reduced −134,988 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $24.9m | 1,085,269 |  | Added +61,827 |

## Recent filings

[All 982 filings](/companies/appn/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-06 | 12:33 ET | [10-Q](/filings/0001441683-26-000053.md) | Quarterly report, period 2026-06-30 | 0001441683-26-000053 |
| 2026-08-06 | 07:22 ET | [8-K](/filings/0001441683-26-000050.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001441683-26-000050 |
| 2026-06-08 | 16:11 ET | [8-K](/filings/0001441683-26-000036.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001441683-26-000036 |
| 2026-05-07 | 13:07 ET | [10-Q](/filings/0001441683-26-000032.md) | Quarterly report, period 2026-03-31 | 0001441683-26-000032 |
| 2026-05-07 | 07:22 ET | [8-K](/filings/0001441683-26-000029.md) | 2.02 Results of operations; 8.01 Other events; 9.01 Financial statements and exhibits | 0001441683-26-000029 |
| 2026-04-22 | 16:10 ET | [DEF 14A](/filings/0001441683-26-000021.md) | Proxy statement, period 2025-12-31 | 0001441683-26-000021 |
| 2026-02-19 | 14:24 ET | [10-K](/filings/0001441683-26-000013.md) | Annual report, period 2025-12-31 | 0001441683-26-000013 |
| 2026-02-19 | 07:31 ET | [8-K](/filings/0001441683-26-000008.md) | 2.02 Results of operations; 8.01 Other events; 9.01 Financial statements and exhibits | 0001441683-26-000008 |
| 2026-02-05 | 18:44 ET | [SCHEDULE 13D/A](/filings/0000902664-26-000734.md) | Ownership report, active investor, amended | 0000902664-26-000734 |
| 2026-01-27 | 19:42 ET | [SCHEDULE 13D](/filings/0000902664-26-000513.md) | Ownership report, active investor | 0000902664-26-000513 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001441683-26-000013.md), filed Feb 19, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/09c04f90-dfac-47fe-8894-f769195e9e34)

## About the filer

- CIK: 1441683
- Tickers: APPN
- Exchange: Nasdaq
- SIC code: 7372 Services-Prepackaged Software
- State of incorporation: not reported
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 13:39 ET. No prices; not investment advice.