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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
+25.5%
EPS
+54.6%
Free cash flow
−210.8%
Total debt
−18.8%

Quarter to September 2026, against a year earlier

52.80 2.98 +5.98%
Market cap
$3.9B
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
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Appian Corporation (APPN) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, Appian Corporation (APPN) trades at a EV/Sales of 4.6×. Over the past ten years it has ranged from 0.0× (June 2017) to 52.8× (January 2021); the current reading is higher than 27% of that period. That is above the Software Infrastructure industry median of 2.9× and above the Technology sector median of 2.6×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 3.7× (9.05%)
FY2024 4.0× (15.62%)
FY2023 4.8× (0.98%)
FY2022 4.8× (60.53%)
FY2021 12.3× (66.10%)
FY2020 36.2× 301.18%
FY2019 9.0× 30.78%
FY2018 6.9× (22.00%)
FY2017 8.8× —
FY2016 0.0× —

Quarterly newest first

Period EV/Sales Change
Sep 2026 3.1× 43.21%
Jun 2026 2.2× (8.06%)
Mar 2026 2.4× (35.46%)
Dec 2025 3.7× 9.78%
37 more quarters

Against its own ten years

Low 0.0× High 52.8×
Ten-year median 7.4×
Current reading's percentile 26

EV/Sales against peers

Company EV/Sales
BLSH Bullish compare 0.0×
FOUR Shift4 Payments, Inc. compare 1.6×
TDC Teradata Corporation compare 1.6×
WIX Wix.com Ltd. compare 1.9×
DLO DLocal Limited compare 2.3×
PAY Paymentus Holdings, Inc. compare 2.7×
APPN Appian Corporation 4.6×
CLBT Cellebrite DI Ltd. compare 5.1×
AVPT AvePoint, Inc. compare 6.2×
Software Infrastructure industry median 2.9×
Technology sector median 2.6×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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