Appian Corporation
Description
Appian Corporation, a software company that provides low-code design platform in the United States, Mexico, Portugal, and internationally. The company's platform offers artificial intelligence, process automation, data fabric, and process mining. It provides The Appian Platform, an integrated automation platform that enables organizations to design, automate, and optimize mission-critical business processes. The company also offers professional and customer support services. It serves to financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation industries. Appian Corporation was incorporated in 1999 and is headquartered in McLean, Virginia.
About
CEO
Mr. Matthew W. Calkins
Employees
2,243
Instrument type
Common Stock
Sector
Technology
Industry
Software - Infrastructure
MIC code
XNMS
Address
7950 Jones Branch Drive, McLean, VA 22102, United States
×
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Nov 5, 2025 | — | — | — | — |
| Jul 30, 2025 | — | — | — | — |
| Apr 30, 2025 | — | — | — | — |
| Feb 13, 2025 | — | — | — | — |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 8 | — | 8 |
| Average estimate | — | 0.00 | — | 0.12 |
| Low estimate | — | -0.09 | — | -0.03 |
| High estimate | — | 0.05 | — | 0.23 |
| Last year EPS | — | -0.24 | — | -0.36 |
[stock_revenue_estimate]
Growth estimates
Current qtr
-117.650%
Next qtr. (Mar 2025)
98.250%
Current year
56.060%
Next year (Dec 2025)
135.000%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Analyst Ratings
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| Jan 14, 2025 |
Keybanc
Jason Celino
|
Assumes | Sector Weight | — |
| Jan 6, 2025 |
Scotiabank
Nick Altmann
|
Initiates | Sector Perform | Announces $37 |
| Dec 6, 2024 |
Barclays
Raimo Lenschow
|
Maintains | Underweight | ▲ Raises $34 → $37 |
| Nov 8, 2024 |
Barclays
Raimo Lenschow
|
Maintains | Underweight | ▲ Raises $29 → $34 |
| Oct 14, 2024 |
DA Davidson
Gil Luria
|
Maintains | Neutral | Maintains $33 |
| Aug 5, 2024 |
Barclays
Raimo Lenschow
|
Maintains | Underweight | ▼ Lowers $32 → $29 |
| Aug 2, 2024 |
Goldman Sachs
Kevin Kumar
|
Maintains | Buy | ▼ Lowers $47 → $41 |
| Aug 2, 2024 |
Keybanc
Thomas Blakey
|
Downgrade | Sector Weight | — |
| Jul 30, 2024 |
DA Davidson
Gil Luria
|
Downgrade | Neutral | ▼ Lowers $48 → $33 |
| Jul 24, 2024 |
Keybanc
Thomas Blakey
|
Maintains | Overweight | ▲ Raises $37 → $41 |
| May 3, 2024 |
Keybanc
Thomas Blakey
|
Maintains | Overweight | ▼ Lowers $50 → $37 |
| May 3, 2024 |
Barclays
Raimo Lenschow
|
Maintains | Underweight | ▼ Lowers $36 → $32 |
| Apr 15, 2024 |
Barclays
Raimo Lenschow
|
Maintains | Underweight | ▲ Raises $35 → $36 |
| Mar 22, 2024 |
Citigroup
Steven Enders
|
Maintains | Neutral | ▲ Raises $48 → $52 |
| Mar 4, 2024 |
DA Davidson
Gil Luria
|
Maintains | Buy | ▼ Lowers $55 → $52 |
| Feb 16, 2024 |
Keybanc
Thomas Blakey
|
Maintains | Overweight | ▲ Raises $45 → $50 |
| Jan 22, 2024 |
Keybanc
Thomas Blakey
|
Maintains | Overweight | ▼ Lowers $50 → $45 |
| Jan 12, 2024 |
Barclays
Raimo Lenschow
|
Maintains | Underweight | ▼ Lowers $40 → $35 |
| Nov 7, 2023 |
DA Davidson
Gil Luria
|
Upgrade | Buy | ▲ Raises $50 → $55 |
| Nov 3, 2023 |
Goldman Sachs
Kevin Kumar
|
Maintains | Buy | ▼ Lowers $58 → $50 |
| Oct 24, 2023 |
Citigroup
Steven Enders
|
Maintains | Neutral | ▼ Lowers $56 → $48 |
| Oct 12, 2023 |
Barclays
Raimo Lenschow
|
Maintains | Underweight | ▼ Lowers $41 → $35 |
| Aug 7, 2023 |
Truist Securities
Joseph Meares
|
Maintains | Buy | ▲ Raises $50 → $55 |
| Aug 7, 2023 |
Barclays
Raimo Lenschow
|
Maintains | Underweight | ▲ Raises $35 → $41 |
| Aug 4, 2023 |
Goldman Sachs
Kevin Kumar
|
Maintains | Buy | ▲ Raises $52 → $58 |
| Aug 4, 2023 |
Morgan Stanley
Sanjit Singh
|
Maintains | Equal-Weight | ▲ Raises $43 → $47 |
| Jul 21, 2023 |
Keybanc
|
Maintains | Overweight | — |
| Jul 19, 2023 |
Barclays
|
Maintains | Underweight | — |
| Jun 22, 2023 |
Citigroup
Steven Enders
|
Maintains | Neutral | ▲ Raises $40 → $57 |
| Jun 6, 2023 |
DA Davidson
|
Initiates | Neutral | — |
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 545.36M | 467.99M | 369.26M | 304.57M | 260.35M |
| Cost of revenue | 143.32M | 133.31M | 104.09M | 88.77M | 93.84M |
| Gross profit | 402.04M | 334.69M | 265.17M | 215.81M | 166.51M |
| Operating expense | |||||
| Research & development | 153.10M | 139.21M | 97.52M | 70.24M | 58.04M |
| Selling general and admin | 356.92M | 340.49M | 251.56M | 183.47M | 158.94M |
| Other operating expenses | — | — | — | — | — |
| Operating income | -107.97M | -145.01M | -83.91M | -37.90M | -50.47M |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | 17.86M | 1.67M | 372,000 | 478,000 | 367,000 |
| Other income expense | 17.60M | -3.55M | -3.58M | 5.79M | 941,000 |
| Pretax income | -108.23M | -150.23M | -87.86M | -32.59M | -49.89M |
| Tax provision | 3.21M | 692,000 | 778,000 | 883,000 | 820,000 |
| Net income | -111.44M | -150.92M | -88.64M | -33.48M | -50.71M |
| Basic EPS | -1.52 | -2.08 | -1.25 | -0.48 | -0.77 |
| Diluted EPS | -1.52 | -2.08 | -1.25 | -0.48 | -0.77 |
| Basic average shares | 73.10M | 72.46M | 71.04M | 69.05M | 65.48M |
| Diluted average shares | 73.10M | 72.46M | 71.04M | 69.05M | 65.48M |
| EBITDA | -80.90M | -141.26M | -81.75M | -26.27M | -44.79M |
| Net income from continuing op. | -111.44M | -150.92M | -88.64M | -33.48M | -50.71M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 627.50M | 594.21M | 504.52M | 512.52M | 371.49M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 149.35M | 148.13M | 100.80M | 112.46M | 159.76M |
| Other short term investments | 9.65M | 47.86M | 55.18M | 109.83M | — |
| Accounts receivable | 171.56M | 165.96M | 130.05M | 97.28M | 70.41M |
| Other receivables | — | — | — | — | — |
| Inventory | — | — | — | — | — |
| Prepaid assets | — | — | 26.78M | 27.96M | 32.96M |
| Restricted cash | — | 2.25M | 791,000 | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 49.53M | 28.09M | 26.78M | 27.96M | 32.96M |
| Non current assets | |||||
| Properties | 194,000 | 242,000 | 124,000 | 49,000 | 72,000 |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 14.32M | 14.52M | 9.89M | 8.41M | 9.68M |
| Construction in progress | — | — | — | — | — |
| Leases | 53.31M | 45.96M | 41.01M | 36.26M | 37.13M |
| Accumulated depreciation | -25.14M | -18.86M | -14.11M | -9.32M | -7.33M |
| Goodwill | 58.10M | 57.95M | 62.73M | 11.47M | — |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 3.89M | 5.25M | 7.14M | 1.74M | — |
| Investments and advances | — | — | 12.04M | 36.12M | — |
| Other non current assets | 99.50M | 61.01M | 54.46M | 38.31M | 30.07M |
| Total liabilities | 575.16M | 448.51M | 270.60M | 215.92M | 166.25M |
| Current liabilities | |||||
| Accounts payable | 6.17M | 8.00M | 5.77M | 2.97M | 5.22M |
| Accrued expenses | 8.91M | 10.40M | 14.06M | 5.59M | 6.14M |
| Short term debt | 78.07M | 11.42M | 8.11M | 6.92M | 5.28M |
| Deferred revenue | 235.99M | 194.77M | 150.17M | 116.26M | 82.20M |
| Tax payable | 1.26M | 827,000 | 550,000 | — | 315,000 |
| Pensions | 38.88M | 41.72M | 36.00M | 23.21M | 12.04M |
| Other current liabilities | 1.89M | 3.12M | 1.07M | 940,000 | 1.40M |
| Non current liabilities | |||||
| Long term debt | 199.29M | 172.60M | 48.78M | 51.19M | 46.79M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 2,000 | 102,000 | 209,000 | 70,000 | 38,000 |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | — | — | 3.46M | 4.88M | — |
| Shareholders equity | |||||
| Common stock | 7,000 | 7,000 | 7,000 | 7,000 | 6,000 |
| Retained earnings | -519.89M | -408.45M | -257.53M | -168.89M | -135.41M |
| Other shareholders equity | -23.56M | -7.25M | -5.69M | -5.01M | -285,000 |
| Total shareholders equity | 52.34M | 145.70M | 233.92M | 296.61M | 205.24M |
| Additional paid in capital | 595.78M | 561.39M | 497.13M | 470.50M | 340.93M |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | -111.44M | -150.92M | -88.64M | -33.48M | -50.71M | -49.45M | -31.01M | -12.46M | -6.99M | -17.06M |
| Depreciation | 9.47M | 7.30M | 5.74M | 5.85M | 4.74M | 2.02M | 886,000 | 764,000 | 763,000 | 610,000 |
| Deferred Taxes | -1.54M | -1.09M | -498,000 | -184,000 | -334,000 | -218,000 | -251,000 | -1.12M | -291,000 | 399,000 |
| Stock-Based Compensation | 43.39M | 38.83M | 23.84M | 15.28M | 16.44M | 16.05M | 12.98M | — | — | — |
| Other Non-Cash Items | 444,000 | 43,000 | — | — | — | — | — | — | — | — |
| Accounts Receivable | -1.87M | -37.92M | -33.90M | -33.56M | 7.43M | -23.33M | -9.72M | -11.15M | -6.64M | -1.45M |
| Accounts Payable | -1.39M | -3.29M | 11.47M | -4.24M | -4.04M | 7.46M | 4.13M | 1.29M | 1.06M | 1.93M |
| Other Assets & Liabilities | 21.58M | 34.64M | 12.89M | 26.14M | 11.40M | 16.97M | 14.87M | 12.67M | 11.63M | 14.66M |
| Operating Cash Flow | -41.36M | -112.41M | -69.10M | -24.19M | -15.07M | -30.50M | -8.12M | -10.02M | -466,000 | -906,000 |
| Investing Activities | ||||||||||
| Capital Expenditures | -9.64M | -9.10M | -6.06M | -1.25M | -32.42M | -7.01M | -433,000 | -984,000 | -524,000 | -2.63M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | -30.73M | -6.14M | — | — | — | — | — | — |
| Purchase of Investments | -53.44M | -65.28M | -41.87M | -145.97M | — | — | — | — | — | — |
| Sale of Investments | 91.67M | 84.64M | 120.59M | — | — | — | — | — | — | — |
| Investing Cash Flow | 28.59M | 10.26M | 41.94M | -153.36M | -32.42M | -7.01M | -433,000 | -984,000 | -524,000 | -2.63M |
| Financing Activities | ||||||||||
| Long-Term Debt Issuance | 92.00M | 120.00M | — | — | — | — | 19.62M | 20.00M | 10.00M | — |
| Long-Term Debt Payments | -3.56M | -625,000 | — | -3.82M | -653,000 | — | -40.00M | -10.00M | — | — |
| Other Financing Charges | -10.02M | -1.94M | — | -346,000 | -350,000 | -429,000 | — | — | — | — |
| Financing Cash Flow | 78.41M | 117.44M | — | 104.09M | 100.30M | 57.40M | 49.84M | 10.00M | 10.00M | 16.37M |
| Other Cash Details | ||||||||||
| End Cash Position | 149.35M | 150.38M | 103.96M | 112.46M | 159.76M | 94.93M | 73.76M | 31.14M | 31.39M | 24.99M |
| Income Tax Paid | 4.00M | 1.24M | 1.51M | 1.18M | 356,000 | 680,000 | 615,000 | 610,000 | 1.06M | 70,000 |
| Interest Paid | 16.91M | 1.67M | 323,000 | 165,000 | 331,000 | 46,000 | 515,000 | 895,000 | 193,000 | — |
| Free Cash Flow | -120.08M | -115.65M | -59.98M | -8.87M | -41.35M | -38.34M | -9.56M | -8.74M | -2.67M | -1.10M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 1,308,737 | 46.28M | 3.07% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 1,130,943 | 39.99M | 2.65% |
| Vanguard Small-Cap Index Fund | Sep 30, 2024 | 980,054 | 34.65M | 2.30% |
| First Tr Exchange Traded Fd II-First Tr Cloud Computing ETF | Nov 30, 2024 | 851,240 | 30.10M | 1.99% |
| Vanguard Information Technology Index Fund | Nov 30, 2024 | 699,297 | 24.73M | 1.64% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 623,557 | 22.05M | 1.46% |
| Vanguard Small-Cap Growth Index Fund | Sep 30, 2024 | 539,656 | 19.08M | 1.26% |
| Global X Fds-Global X Robotics & Artificial Intelligence Thematic ETF | Nov 30, 2024 | 480,352 | 16.99M | 1.13% |
| Morgan Stanley Inst Fund Inc-Inception Port | Sep 30, 2024 | 467,181 | 16.52M | 1.09% |
| Fidelity Small Cap Index Fund | Oct 31, 2024 | 408,584 | 14.45M | 0.96% |
Article
Could Appian Be the Next AI Growth Story?
Explore the exciting world of Appian (APPN 1.03%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
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DeepSeek's AI launch is a 'wake-up call,' Appian CEO says
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