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) Operating margin

Alert me on Operating margin

Appian Corporation's operating margin over the twelve months to 30 June 2026 was 1.28%, up 1.2 percentage points from fiscal 2025 (0.08%). Over the past ten years it has ranged from −31.0% (fiscal 2022) to 0.08% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.31%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 0.08% 9.94
FY2024 −9.86% 9.94
FY2023 −19.8% 11.19
FY2022 −31.0% (8.27)
FY2021 −22.7% (10.28)
FY2020 −12.4% 6.94
FY2019 −19.4% 1.22
FY2018 −20.6% (2.60)
FY2017 −18.0% (9.45)
FY2016 −8.55% (4.20)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 −2.68% (4.24)
Mar 2026 1.56% 1.90
Dec 2025 −0.34% (7.35)
Sep 2025 7.01% 13.45
36 more quarters

Against its own ten years

Low −31.0% High 0.08%
Ten-year median −18.0%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
DLO DLocal Limited compare 17.4%
CLBT Cellebrite DI Ltd. compare 10.9%
AVPT AvePoint, Inc. compare 9.78%
FOUR Shift4 Payments, Inc. compare 8.11%
TDC Teradata Corporation compare 7.51%
APPN Appian Corporation 1.28%
BLSH Bullish compare −0.78%
WIX Wix.com Ltd. compare −9.77%
TCGL TechCreate Group Ltd. compare —
Software Infrastructure industry median 0.00%
Technology sector median 0.31%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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