Appian Corporation

APPN Technology Software Infrastructure

Appian Corporation’s revenue for fiscal 2025 (year ended December 2025) was $726.9 million, up 17.8% from fiscal 2024.

Revenue
+19.1%
EPS
−3,709.5%
Free cash flow
+416.9%
Total debt
−3.91%

Quarter to June 2026, against a year earlier

48.69 0.06 −0.12%
Market cap
$3.5B
P/E
0.0×
Fwd P/E
1,228×
Dividend yield
—
F-score
6/9
Altman Z
2.07
Beneish M
−2.70
Dividend safety
n/a

Appian Corporation (APPN) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, Appian Corporation (APPN) trades at a EV/EBITDA of 179×. Over the past ten years it has ranged from 0.0× (September 2025) to 245× (January 2026); the current reading is higher than 97% of that period. That is above the Software Infrastructure industry median of 15.0× and above the Technology sector median of 15.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 245× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 85.8× (30.28%)
Mar 2026 123× (49.83%)
Dec 2025 245× 78.72%
Sep 2025 137× —
36 more quarters

Against its own ten years

Low 0.0× High 245×
Ten-year median 0.0×
Current reading's percentile 97

EV/EBITDA against peers

Company EV/EBITDA
TCGL TechCreate Group Ltd. compare n/m
BLSH Bullish compare n/m
WIX Wix.com Ltd. compare n/m
FOUR Shift4 Payments, Inc. compare 7.9×
DLO DLocal Limited compare 11.2×
TDC Teradata Corporation compare 12.8×
CLBT Cellebrite DI Ltd. compare 33.9×
AVPT AvePoint, Inc. compare 58.6×
APPN Appian Corporation 179×
Software Infrastructure industry median 15.0×
Technology sector median 15.3×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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