Appian (APPN) Financials

$30.80 -0.19 (-0.62%)

As of 03:03 PM Eastern

Annual Income Statements for Appian

This table shows Appian's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-7.85	-13	-31	-49	-51	-33	-89	-151	-111	-92
Consolidated Net Income / (Loss)	-6.99	-12	-31	-49	-51	-33	-89	-151	-111	-92
Net Income / (Loss) Continuing Operations	-6.99	-12	-31	-49	-51	-33	-89	-151	-111	-92
Total Pre-Tax Income	-6.61	-14	-30	-49	-50	-33	-88	-150	-108	-91
Total Operating Income	-4.84	-11	-32	-47	-50	-38	-84	-145	-108	-61
Total Gross Profit	63	83	112	142	167	216	265	335	402	467
Total Revenue	111	133	177	227	260	305	369	468	545	617
Operating Revenue	111	133	177	227	260	305	369	468	545	617
Total Cost of Revenue	48	50	65	85	94	89	104	133	143	150
Operating Cost of Revenue	48	50	65	85	94	89	104	133	143	150
Total Operating Expenses	68	94	144	189	217	254	349	480	510	528
Selling, General & Admin Expense	13	17	27	38	41	53	84	120	115	142
Marketing Expense	38	54	82	106	117	130	168	220	242	231
Research & Development Expense	17	23	35	45	58	70	98	139	153	155
Total Other Income / (Expense), net	-1.77	-2.77	1.57	-2.49	0.57	5.31	-3.96	-5.22	-0.26	-30
Interest Expense	-	-	-	-	-	-	-	1.67	18	24
Other Income / (Expense), net	-1.58	-1.79	2.04	-2.30	0.94	5.79	-3.58	-3.55	18	-6.77
Income Tax Expense	0.38	-1.68	0.76	0.24	0.82	0.88	0.78	0.69	3.21	1.05
Basic Earnings per Share	($0.23)	($0.39)	($0.63)	($0.80)	($0.77)	($0.48)	($1.25)	($2.08)	($1.52)	($1.26)
Weighted Average Basic Shares Outstanding	34.27M	34.27M	49.53M	62.14M	65.48M	69.05M	71.04M	72.46M	73.10M	72.99M
Diluted Earnings per Share	($0.23)	($0.39)	($0.63)	($0.80)	($0.77)	($0.48)	($1.25)	($2.08)	($1.52)	($1.26)
Weighted Average Diluted Shares Outstanding	34.27M	34.27M	49.53M	62.14M	65.48M	69.05M	71.04M	72.46M	73.10M	72.99M
Weighted Average Basic & Diluted Shares Outstanding	34.27M	34.27M	49.53M	62.14M	65.48M	69.05M	72.23M	72.84M	73.40M	74.05M

This table shows Appian's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-44	-34	-37	-42	-22	-10	-33	-44	-2.10	-14
Consolidated Net Income / (Loss)	-44	-34	-37	-42	-22	-10	-33	-44	-2.10	-14
Net Income / (Loss) Continuing Operations	-44	-34	-37	-42	-22	-10	-33	-44	-2.10	-14
Total Pre-Tax Income	-44	-33	-36	-42	-22	-8.93	-33	-44	-0.78	-13
Total Operating Income	-38	-41	-35	-41	-15	-17	-20	-39	-7.16	5.03
Total Gross Profit	84	90	99	91	101	111	112	107	117	131
Total Revenue	118	126	135	128	137	145	150	146	154	167
Operating Revenue	118	126	135	128	137	145	150	146	154	167
Total Cost of Revenue	34	35	36	37	36	34	38	39	37	36
Operating Cost of Revenue	34	35	36	37	36	34	38	39	37	36
Total Operating Expenses	122	131	134	132	116	128	131	146	124	126
Selling, General & Admin Expense	29	30	30	29	23	32	33	40	35	34
Marketing Expense	55	63	63	63	56	61	58	67	51	55
Research & Development Expense	38	38	42	40	37	35	40	39	39	37
Total Other Income / (Expense), net	-5.97	7.82	-0.43	-0.87	-6.86	7.89	-14	-4.56	6.38	-18
Other Income / (Expense), net	-5.88	9.27	2.69	3.89	-1.94	13	-8.21	1.55	13	-13
Income Tax Expense	0.26	1.62	1.14	0.82	0.18	1.07	-0.47	-0.16	1.32	0.36
Basic Earnings per Share	($0.61)	($0.47)	($0.51)	($0.58)	($0.30)	($0.13)	($0.45)	($0.60)	($0.03)	($0.18)
Weighted Average Basic Shares Outstanding	72.50M	72.46M	72.87M	73.04M	73.18M	73.10M	73.30M	72.30M	72.40M	72.99M
Diluted Earnings per Share	($0.61)	($0.47)	($0.51)	($0.58)	($0.30)	($0.13)	($0.45)	($0.60)	($0.03)	($0.18)
Weighted Average Diluted Shares Outstanding	72.50M	72.46M	72.87M	73.04M	73.18M	73.10M	73.30M	72.30M	72.40M	72.99M
Weighted Average Basic & Diluted Shares Outstanding	72.55M	72.84M	72.96M	73.12M	73.23M	73.40M	72.24M	72.35M	73.89M	74.05M

This table details how cash moves in and out of Appian's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	6.40	-0.25	43	21	65	-47	-8.50	46	-1.03	-31
Net Cash From Operating Activities	-2.15	-7.76	-9.13	-31	-8.93	-7.62	-54	-107	-110	6.88
Net Cash From Continuing Operating Activities	-2.15	-7.77	-9.13	-31	-8.93	-7.62	-54	-107	-110	6.88
Net Income / (Loss) Continuing Operations	-6.99	-12	-31	-49	-51	-33	-89	-151	-111	-92
Consolidated Net Income / (Loss)	-6.99	-12	-31	-49	-51	-33	-89	-151	-111	-92
Depreciation Expense	0.76	0.76	0.89	2.02	4.74	5.85	5.74	7.30	9.47	10
Amortization Expense	-	-	-	-	-	0.00	0.00	0.04	0.44	0.59
Non-Cash Adjustments To Reconcile Net Income	-0.69	3.91	16	16	14	28	37	47	29	60
Changes in Operating Assets and Liabilities, net	4.77	0.02	4.87	-0.15	23	-8.10	-7.95	-9.68	-38	28
Net Cash From Investing Activities	-0.52	-0.98	-0.43	-7.01	-32	-153	42	10	29	-35
Net Cash From Continuing Investing Activities	-0.52	-0.98	-0.43	-7.01	-32	-153	42	10	29	-35
Purchase of Property, Plant & Equipment	-0.52	-0.98	-0.43	-7.01	-32	-1.25	-6.06	-9.10	-9.64	-3.80
Purchase of Investments	-	-	-	0.00	0.00	-146	-42	-65	-53	-52
Sale and/or Maturity of Investments	-	-	-	-	0.00	0.00	121	85	92	20
Net Cash From Financing Activities	10	10	51	61	106	110	2.79	143	79	-0.26
Net Cash From Continuing Financing Activities	10	10	51	61	106	110	2.79	143	79	-0.26
Repayment of Debt	0.00	-10	-40	0.00	-0.65	-3.82	0.00	-2.57	-3.84	-6.71
Repurchase of Common Equity	0.00	0.00	-2.42	-0.43	-0.35	-0.35	-	0.00	0.00	-50
Issuance of Debt	10	20	20	-	-	0.00	0.00	120	92	50
Other Financing Activities, net	0.00	0.00	1.11	3.13	4.90	6.38	2.79	25	-9.00	6.47
Other Net Changes in Cash	-	-	1.23	-1.46	0.62	3.22	-	-0.16	1.66	-2.03
Cash Interest Paid	0.19	0.90	0.52	0.05	0.33	0.17	0.32	1.67	17	23
Cash Income Taxes Paid	1.06	0.61	0.62	0.68	0.36	1.18	1.51	1.24	4.00	3.33

This table details how cash moves in and out of Appian's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-25	97	51	-27	-43	19	21	-49	-22	19
Net Cash From Operating Activities	-44	-13	-25	-12	-65	-8.24	19	-18	-8.24	14
Net Cash From Continuing Operating Activities	-44	-13	-25	-12	-65	-8.24	19	-18	-8.24	14
Net Income / (Loss) Continuing Operations	-44	-34	-37	-42	-22	-10	-33	-44	-2.10	-14
Consolidated Net Income / (Loss)	-44	-34	-37	-42	-22	-10	-33	-44	-2.10	-14
Depreciation Expense	1.76	1.97	2.34	2.36	2.34	2.43	2.36	2.58	2.56	2.53
Amortization Expense	-	0.04	0.07	0.15	0.12	0.10	0.14	0.15	0.15	0.15
Non-Cash Adjustments To Reconcile Net Income	18	17	1.81	15	11	1.82	14	22	-3.19	28
Changes in Operating Assets and Liabilities, net	-20	2.73	7.35	13	-56	-2.59	36	1.62	-5.67	-3.21
Net Cash From Investing Activities	20	-10	-12	-13	26	28	7.46	-29	-13	-1.10
Net Cash From Continuing Investing Activities	20	-10	-12	-13	26	28	7.46	-29	-13	-1.10
Purchase of Property, Plant & Equipment	-1.18	-3.23	-4.42	-3.38	-0.47	-1.36	-2.20	-0.73	-0.36	-0.51
Purchase of Investments	-	-34	-24	-29	-	-	0.00	-28	-14	-8.99
Sale and/or Maturity of Investments	21	27	16	20	27	29	9.66	-	1.97	8.41
Net Cash From Financing Activities	0.18	118	88	-2.46	-3.30	-3.22	-4.25	-2.45	-1.80	8.24
Net Cash From Continuing Financing Activities	0.18	118	88	-2.46	-3.30	-3.22	-4.25	-2.45	-1.80	8.24
Repayment of Debt	-	-2.57	-1.03	-1.07	-0.94	-0.80	-1.71	-1.25	-1.25	-2.50
Other Financing Activities, net	0.18	0.23	-2.83	-1.39	-2.36	-2.42	-2.52	-1.20	-0.55	11
Other Net Changes in Cash	-1.49	1.54	0.02	0.29	-	-	-1.32	-0.17	1.12	-1.65
Cash Interest Paid	0.10	1.43	1.23	1.50	9.23	4.95	5.33	5.84	6.03	5.38
Cash Income Taxes Paid	0.23	0.49	0.28	1.19	1.47	1.06	0.75	0.69	0.49	1.41

This table presents Appian's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	103	161	233	371	513	505	594	628	621
Total Current Assets	88	145	210	278	365	338	422	414	436
Cash & Equivalents	31	74	95	160	112	101	148	149	119
Short-Term Investments	-	-	-	0.00	110	55	48	9.65	41
Accounts Receivable	47	55	79	70	97	130	166	172	195
Prepaid Expenses	3.28	7.03	21	33	28	27	28	50	44
Other Current Assets	7.15	9.12	14	15	18	25	30	34	37
Plant, Property, & Equipment, net	3.10	2.66	7.54	40	35	37	0.00	43	37
Total Noncurrent Assets	11	13	16	54	112	129	172	170	148
Goodwill	-	-	-	0.00	4.86	28	26	27	26
Intangible Assets	-	-	-	0.00	1.74	7.14	5.25	3.89	2.24
Noncurrent Deferred & Refundable Income Taxes	0.01	0.28	0.33	0.49	0.49	1.03	1.94	3.45	4.13
Other Noncurrent Operating Assets	11	13	16	54	68	81	138	136	116
Total Liabilities & Shareholders' Equity	103	161	233	371	513	505	594	628	621
Total Liabilities	111	116	160	166	216	271	449	575	654
Total Current Liabilities	76	95	128	112	156	216	270	371	355
Short-Term Debt	6.11	-	-	-	-	0.00	2.74	66	9.60
Accounts Payable	5.06	5.23	9.25	5.22	2.97	5.77	8.00	6.17	4.32
Accrued Expenses	2.86	6.47	7.46	7.49	5.82	15	12	11	11
Current Deferred Revenue	52	70	96	82	116	150	195	236	282
Current Employee Benefit Liabilities	9.55	12	14	11	23	35	41	38	34
Other Current Liabilities	0.44	1.18	2.37	6.68	7.86	9.18	12	14	13
Total Noncurrent Liabilities	35	20	32	54	60	55	178	204	299
Long-Term Debt	14	-	-	-	-	0.00	115	140	241
Noncurrent Deferred Revenue	18	20	32	7.14	3.89	2.43	5.56	4.70	5.48
Noncurrent Deferred & Payable Income Tax Liabilities	0.03	0.09	0.04	0.04	0.07	0.21	0.10	0.00	0.00
Other Noncurrent Operating Liabilities	2.77	-	0.00	47	56	52	57	59	53
Commitments & Contingencies	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-63	46	73	205	297	234	146	52	-33
Total Preferred & Common Equity	-63	46	73	205	297	234	146	52	-33
Total Common Equity	-63	46	73	205	297	234	146	52	-33
Common Stock	0.00	141	218	341	471	497	561	596	591
Retained Earnings	-65	-96	-146	-135	-169	-258	-408	-520	-612
Accumulated Other Comprehensive Income / (Loss)	1.33	0.44	0.54	-0.29	-5.01	-5.69	-7.25	-24	-12

This table presents Appian's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	455	645	612	597	595	555	550
Total Current Assets	298	472	436	385	390	364	360
Cash & Equivalents	52	199	172	131	170	121	99
Short-Term Investments	41	56	65	39	0.00	28	41
Accounts Receivable	143	148	134	134	129	132	140
Prepaid Expenses	32	37	33	51	56	48	45
Other Current Assets	28	31	30	31	34	35	35
Plant, Property, & Equipment, net	39	46	45	42	43	41	39
Total Noncurrent Assets	118	127	131	169	163	150	150
Goodwill	24	27	27	26	27	26	27
Intangible Assets	5.14	4.95	4.56	4.09	3.43	3.04	2.79
Noncurrent Deferred & Refundable Income Taxes	2.52	1.60	2.47	2.69	3.83	4.37	4.83
Other Noncurrent Operating Assets	86	94	98	136	129	116	115
Total Liabilities & Shareholders' Equity	455	645	612	597	595	555	550
Total Liabilities	282	528	532	529	605	600	600
Total Current Liabilities	224	324	325	323	294	294	298
Short-Term Debt	-	65	65	65	7.10	8.35	9.60
Accounts Payable	5.08	3.87	7.10	5.96	9.88	5.74	6.93
Accrued Expenses	13	15	12	11	12	14	11
Current Deferred Revenue	161	194	192	195	221	218	224
Current Employee Benefit Liabilities	35	31	35	34	29	34	31
Other Current Liabilities	10	14	14	12	15	14	15
Total Noncurrent Liabilities	57	205	207	206	311	307	301
Long-Term Debt	-	144	143	142	248	246	243
Noncurrent Deferred Revenue	3.41	4.75	3.73	3.24	5.22	4.70	3.37
Noncurrent Deferred & Payable Income Tax Liabilities	0.15	0.10	0.09	0.09	0.00	0.00	0.00
Other Noncurrent Operating Liabilities	54	56	60	60	58	56	55
Total Equity & Noncontrolling Interests	173	116	81	68	-9.67	-46	-50
Total Preferred & Common Equity	173	116	81	68	-9.67	-46	-50
Total Common Equity	173	116	81	68	-9.67	-46	-50
Common Stock	550	570	579	588	604	609	614
Retained Earnings	-374	-445	-488	-510	-553	-596	-599
Treasury Stock	-	-	-	-	-50	-46	-43
Accumulated Other Comprehensive Income / (Loss)	-2.79	-7.95	-11	-10	-11	-12	-23

This table displays calculated financial ratios and metrics derived from Appian's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	19.53%	32.96%	28.29%	14.82%	16.99%	21.24%	26.74%	16.53%	13.14%
EBITDA Growth	0.00%	-119.12%	-133.00%	-62.68%	4.70%	41.35%	-211.24%	-72.74%	43.03%	29.14%
EBIT Growth	0.00%	-104.98%	-126.20%	-64.63%	-1.05%	35.15%	-172.42%	-69.79%	39.17%	25.17%
NOPAT Growth	0.00%	-134.82%	-179.78%	-46.86%	-8.02%	24.90%	-121.38%	-72.82%	25.54%	43.64%
Net Income Growth	0.00%	-78.35%	-148.83%	-59.48%	-2.55%	33.99%	-164.78%	-70.26%	26.16%	17.21%
EPS Growth	0.00%	-69.57%	-61.54%	-26.98%	3.75%	37.66%	-160.42%	-66.40%	26.92%	17.11%
Operating Cash Flow Growth	0.00%	-261.59%	-17.69%	-243.13%	71.50%	14.63%	-607.59%	-97.62%	-3.65%	106.23%
Free Cash Flow Firm Growth	0.00%	0.00%	-217.70%	-195.76%	-161.61%	81.23%	-344.99%	-19.07%	-7.80%	99.46%
Invested Capital Growth	0.00%	0.00%	-46.90%	23.01%	309.23%	-16.02%	70.45%	0.72%	52.38%	-42.03%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	4.45%	3.33%	4.46%	6.75%	4.65%	3.71%	3.59%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	-17.15%	9.08%	14.33%	-30.98%	-4.15%	25.82%	-6.76%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	-17.32%	6.73%	12.28%	-28.95%	-4.18%	23.32%	-5.89%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	-15.72%	0.47%	8.18%	-24.03%	-11.26%	18.06%	26.43%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	-16.58%	5.77%	11.65%	-28.14%	-6.02%	17.97%	-4.11%
EPS Q/Q Growth	0.00%	0.00%	0.00%	-19.40%	8.33%	11.11%	-27.55%	-5.58%	18.28%	-4.13%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	9.41%	-36.50%	12.90%	60.92%	-88.10%	6.02%	3.79%	145.14%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	-95.73%	77.12%	-24.72%	-0.50%	8.46%	96.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	14.59%	631.70%	-18.13%	-4.21%	-16.15%	-5.78%	-8.10%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	56.40%	62.29%	63.45%	62.55%	63.96%	70.86%	71.81%	71.52%	73.72%	75.66%
EBITDA Margin	-5.09%	-9.33%	-16.34%	-20.73%	-17.20%	-8.62%	-22.14%	-30.17%	-14.75%	-9.24%
Operating Margin	-4.35%	-8.55%	-18.00%	-20.60%	-19.38%	-12.44%	-22.72%	-30.99%	-19.80%	-9.86%
EBIT Margin	-5.77%	-9.90%	-16.85%	-21.62%	-19.02%	-10.54%	-23.69%	-31.74%	-16.57%	-10.96%
Profit (Net Income) Margin	-6.28%	-9.37%	-17.54%	-21.81%	-19.48%	-10.99%	-24.01%	-32.25%	-20.43%	-14.95%
Tax Burden Percent	105.72%	88.10%	102.52%	100.49%	101.64%	102.71%	100.89%	100.46%	102.96%	101.16%
Interest Burden Percent	102.93%	107.46%	101.59%	100.40%	100.74%	101.49%	100.43%	101.13%	119.77%	134.87%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	-297.57%	-63.41%	-113.71%	-155.35%	-91.34%	-53.97%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	-285.49%	-60.09%	-99.71%	-115.65%	129.07%	-125.87%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	261.14%	50.07%	80.30%	75.84%	-21.21%	-882.65%
Return on Equity (ROE)	0.00%	154.28%	-165.60%	-83.31%	-36.43%	-13.34%	-33.42%	-79.51%	-112.54%	-936.62%
Cash Return on Invested Capital (CROIC)	0.00%	0.00%	0.00%	0.00%	-225.47%	-46.00%	-165.81%	-156.07%	-132.85%	-0.75%
Operating Return on Assets (OROA)	0.00%	-12.81%	-22.57%	-24.87%	-16.38%	-7.27%	-17.21%	-27.04%	-14.79%	-10.83%
Return on Assets (ROA)	0.00%	-12.13%	-23.51%	-25.09%	-16.77%	-7.57%	-17.43%	-27.47%	-18.24%	-14.78%
Return on Common Equity (ROCE)	0.00%	1,212.75%	79.46%	-83.31%	-36.43%	-13.34%	-33.42%	-79.51%	-112.54%	-936.62%
Return on Equity Simple (ROE_SIMPLE)	0.00%	19.63%	-68.11%	-67.56%	-24.71%	-11.29%	-37.89%	-103.58%	-212.91%	282.67%
Net Operating Profit after Tax (NOPAT)	-3.39	-7.96	-22	-33	-35	-27	-59	-102	-76	-43
NOPAT Margin	-3.05%	-5.99%	-12.60%	-14.42%	-13.57%	-8.71%	-15.91%	-21.69%	-13.86%	-6.90%
Net Nonoperating Expense Percent (NNEP)	0.00%	-80.80%	-20.59%	-19.86%	-12.08%	-3.32%	-14.00%	-39.70%	-220.41%	71.90%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-38.48%	-29.19%	-19.56%
Cost of Revenue to Revenue	43.60%	37.71%	36.55%	37.45%	36.04%	29.14%	28.19%	28.48%	26.28%	24.34%
SG&A Expenses to Revenue	11.25%	12.82%	15.36%	16.68%	15.94%	17.45%	22.67%	25.67%	21.00%	22.99%
R&D to Revenue	15.06%	17.30%	19.71%	19.72%	22.29%	23.06%	26.41%	29.75%	28.07%	25.12%
Operating Expenses to Revenue	60.76%	70.85%	81.45%	83.15%	83.34%	83.30%	94.53%	102.50%	93.52%	85.52%
Earnings before Interest and Taxes (EBIT)	-6.42	-13	-30	-49	-50	-32	-87	-149	-90	-68
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-5.66	-12	-29	-47	-45	-26	-82	-141	-80	-57
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	41.70	23.24	12.50	38.28	19.84	16.21	52.69	0.00
Price to Tangible Book Value (P/TBV)	0.00	0.00	41.70	23.24	12.50	39.15	23.33	20.70	129.19	0.00
Price to Revenue (P/Rev)	0.00	0.00	10.74	7.50	9.86	37.28	12.57	5.05	5.06	3.95
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	52.90	290.49	68.70	34.80	28.07	43.63
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	10.32	7.08	9.24	36.43	12.11	4.88	5.14	4.10
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	367.46
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	-2.48	0.00	0.00	0.00	0.00	0.00	0.81	3.95	-7.67
Long-Term Debt to Equity	0.00	-1.72	0.00	0.00	0.00	0.00	0.00	0.79	2.68	-7.38
Financial Leverage	0.00	1.38	-2.27	-1.42	-0.91	-0.83	-0.81	-0.66	-0.16	7.01
Leverage Ratio	0.00	-12.72	7.04	3.32	2.17	1.76	1.92	2.89	6.17	63.37
Compound Leverage Factor	0.00	-13.67	7.16	3.33	2.19	1.79	1.93	2.93	7.39	85.47
Debt to Total Capital	0.00%	167.74%	0.00%	0.00%	0.00%	0.00%	0.00%	44.77%	79.79%	114.99%
Short-Term Debt to Total Capital	0.00%	51.25%	0.00%	0.00%	0.00%	0.00%	0.00%	1.04%	25.63%	4.41%
Long-Term Debt to Total Capital	0.00%	116.49%	0.00%	0.00%	0.00%	0.00%	0.00%	43.73%	54.15%	110.58%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	464.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	-532.52%	100.00%	100.00%	100.00%	100.00%	100.00%	55.23%	20.21%	-14.99%
Debt to EBITDA	0.00	-1.61	0.00	0.00	0.00	0.00	0.00	-0.84	-2.57	-4.39
Net Debt to EBITDA	0.00	0.90	0.00	0.00	0.00	0.00	0.00	0.57	-0.59	-1.59
Long-Term Debt to EBITDA	0.00	-1.12	0.00	0.00	0.00	0.00	0.00	-0.82	-1.74	-4.22
Debt to NOPAT	0.00	-2.51	0.00	0.00	0.00	0.00	0.00	-1.16	-2.73	-5.88
Net Debt to NOPAT	0.00	1.40	0.00	0.00	0.00	0.00	0.00	0.79	-0.63	-2.13
Long-Term Debt to NOPAT	0.00	-1.75	0.00	0.00	0.00	0.00	0.00	-1.14	-1.86	-5.65
Altman Z-Score	0.00	0.00	9.88	6.20	9.55	31.97	10.03	2.47	2.19	1.65
Noncontrolling Interest Sharing Ratio	0.00%	-686.08%	147.98%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.16	1.53	1.63	2.47	2.34	1.57	1.56	1.12	1.23
Quick Ratio	0.00	1.03	1.36	1.36	2.05	2.05	1.33	1.34	0.89	1.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	11	-13	-39	-103	-19	-86	-102	-110	-0.60
Operating Cash Flow to CapEx	-409.35%	-788.21%	-2,108.08%	-446.80%	-27.53%	-609.11%	-890.03%	-1,171.53%	-1,146.02%	181.10%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-60.95	-6.15	-0.03
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-63.69	-6.18	0.29
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-69.12	-6.72	0.13
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	1.29	1.34	1.15	0.86	0.69	0.73	0.85	0.89	0.99
Accounts Receivable Turnover	0.00	2.84	3.46	3.37	3.48	3.63	3.25	3.16	3.23	3.37
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	42.86	61.32	44.45	11.06	8.13	10.21	0.00	0.00	15.47
Accounts Payable Turnover	0.00	9.91	12.56	11.73	12.97	21.68	23.84	19.37	20.23	28.62
Days Sales Outstanding (DSO)	0.00	128.55	105.46	108.42	105.00	100.48	112.35	115.43	112.95	108.44
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	0.00	36.83	29.05	31.11	28.14	16.84	15.31	18.84	18.04	12.75
Cash Conversion Cycle (CCC)	0.00	91.72	76.41	77.31	76.86	83.64	97.04	96.59	94.90	95.69
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	-19	-28	-22	45	38	65	66	100	58
Invested Capital Turnover	0.00	-13.83	-7.45	-9.07	21.93	7.28	7.15	7.16	6.59	7.82
Increase / (Decrease) in Invested Capital	0.00	-19	-9.01	6.50	67	-7.29	27	0.47	34	-42
Enterprise Value (EV)	0.00	0.00	1,825	1,606	2,406	11,096	4,473	2,282	2,805	2,527
Market Capitalization	0.00	0.00	1,898	1,701	2,566	11,354	4,642	2,362	2,758	2,437
Book Value per Share	$0.00	($1.85)	$0.75	$1.15	$3.06	$4.23	$3.29	$2.01	$0.71	($0.44)
Tangible Book Value per Share	$0.00	($1.85)	$0.75	$1.15	$3.06	$4.14	$2.80	$1.57	$0.29	($0.82)
Total Capital	0.00	12	46	73	205	297	234	264	259	218
Total Debt	0.00	20	0.00	0.00	0.00	0.00	0.00	118	207	250
Total Long-Term Debt	0.00	14	0.00	0.00	0.00	0.00	0.00	115	140	241
Net Debt	0.00	-11	-74	-95	-160	-258	-169	-80	48	91
Capital Expenditures (CapEx)	0.52	0.98	0.43	7.01	32	1.25	6.06	9.10	9.64	3.80
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-13	-24	-14	5.63	-13	-34	-43	-49	-69
Debt-free Net Working Capital (DFNWC)	0.00	18	50	81	165	210	123	155	110	90
Net Working Capital (NWC)	0.00	12	50	81	165	210	123	152	43	81
Net Nonoperating Expense (NNE)	3.60	4.50	8.74	17	15	6.95	30	49	36	50
Net Nonoperating Obligations (NNO)	0.00	-11	-74	-95	-160	-258	-169	-80	48	91
Total Depreciation and Amortization (D&A)	0.76	0.76	0.89	2.02	4.74	5.85	5.74	7.34	9.92	11
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-9.53%	-13.38%	-6.04%	2.16%	-4.19%	-9.27%	-9.24%	-9.07%	-11.26%
Debt-free Net Working Capital to Revenue	0.00%	13.90%	28.35%	35.82%	63.52%	68.80%	33.19%	33.12%	20.09%	14.65%
Net Working Capital to Revenue	0.00%	9.30%	28.35%	35.82%	63.52%	68.80%	33.19%	32.53%	7.92%	13.09%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	($0.48)	($1.25)	($2.08)	($1.52)	($1.26)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	0.00	0.00	0.00	70.70M	71.04M	72.46M	73.10M	72.99M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	($0.48)	($1.25)	($2.08)	($1.52)	($1.26)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	0.00	0.00	0.00	70.70M	71.04M	72.46M	73.10M	72.99M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	($0.48)	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	0.00	0.00	69.05M	72.23M	72.84M	73.40M	74.05M
Normalized Net Operating Profit after Tax (NOPAT)	-3.39	-7.96	-22	-33	-35	-27	-59	-102	-76	-43
Normalized NOPAT Margin	-3.05%	-5.99%	-12.60%	-14.42%	-13.57%	-8.71%	-15.91%	-21.69%	-13.86%	-6.90%
Pre Tax Income Margin	-5.94%	-10.64%	-17.11%	-21.70%	-19.16%	-10.70%	-23.79%	-32.10%	-19.85%	-14.78%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-88.80	-5.06	-2.87
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-60.67	-4.23	-1.81
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-94.23	-5.60	-3.03
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-66.11	-4.77	-1.97
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	-24.40%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	-32.22%	-0.87%	-0.69%	-1.03%	0.00%	0.00%	0.00%	-54.21%

This table displays calculated financial ratios and metrics derived from Appian's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	27.55%	19.81%	18.35%	16.04%	16.30%	15.53%	10.80%	14.67%	12.37%	14.70%
EBITDA Growth	-76.64%	-23.73%	-31.84%	27.26%	64.92%	95.46%	16.32%	-1.92%	155.10%	-270.97%
EBIT Growth	-73.04%	-23.49%	-32.14%	24.79%	60.70%	87.68%	14.84%	-2.37%	131.40%	-97.36%
NOPAT Growth	-64.98%	-56.57%	-47.77%	4.88%	59.72%	58.57%	44.61%	3.61%	52.97%	129.91%
Net Income Growth	-73.32%	-33.16%	-59.06%	14.18%	49.42%	70.93%	10.61%	-2.92%	90.56%	-36.39%
EPS Growth	-69.44%	-30.56%	-59.38%	14.71%	50.82%	72.34%	11.76%	-3.45%	90.00%	-38.46%
Operating Cash Flow Growth	-73.92%	35.15%	-22.62%	59.75%	-48.74%	34.54%	174.67%	-47.57%	87.32%	268.26%
Free Cash Flow Firm Growth	1.79%	35.87%	-2,647.99%	83.06%	-5.01%	-59.61%	-1.54%	-213.06%	198.73%	198.69%
Invested Capital Growth	15.05%	0.72%	-6.48%	-25.12%	35.62%	52.38%	9.53%	19.07%	-40.57%	-42.03%
Revenue Q/Q Growth	7.10%	6.71%	7.51%	-5.56%	7.34%	6.00%	3.11%	-2.26%	5.19%	8.20%
EBITDA Q/Q Growth	11.06%	29.96%	-2.80%	-13.58%	57.10%	90.93%	-1,793.55%	-38.34%	123.19%	-161.06%
EBIT Q/Q Growth	10.73%	28.18%	-3.91%	-12.89%	53.35%	77.49%	-618.33%	-35.71%	114.31%	-241.49%
NOPAT Q/Q Growth	11.63%	-7.53%	13.18%	-15.30%	62.58%	-10.59%	-16.09%	-100.63%	81.74%	170.32%
Net Income Q/Q Growth	10.86%	21.77%	-7.01%	-15.00%	47.47%	55.03%	-229.03%	-32.41%	95.18%	-549.86%
EPS Q/Q Growth	10.29%	22.95%	-8.51%	-13.73%	48.28%	56.67%	-246.15%	-33.33%	95.00%	-500.00%
Operating Cash Flow Q/Q Growth	-47.34%	71.18%	-100.63%	52.75%	-444.49%	87.32%	328.85%	-193.37%	53.20%	268.26%
Free Cash Flow Firm Q/Q Growth	47.31%	21.19%	31.08%	40.81%	-226.60%	-19.79%	56.15%	-82.49%	203.00%	19.74%
Invested Capital Q/Q Growth	17.81%	-16.15%	4.91%	-27.75%	113.38%	-5.78%	-24.59%	-21.46%	6.50%	-8.10%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	71.36%	71.91%	73.31%	71.15%	73.69%	76.39%	74.64%	73.09%	75.93%	78.59%
EBITDA Margin	-35.54%	-23.33%	-22.30%	-26.83%	-10.72%	-0.92%	-16.85%	-23.84%	5.26%	-2.97%
Operating Margin	-32.05%	-32.29%	-26.08%	-31.84%	-11.10%	-11.58%	-13.04%	-26.76%	-4.65%	3.02%
EBIT Margin	-37.03%	-24.92%	-24.09%	-28.80%	-12.51%	-2.66%	-18.52%	-25.71%	3.50%	-4.57%
Profit (Net Income) Margin	-37.32%	-27.36%	-27.23%	-33.16%	-16.23%	-6.89%	-21.97%	-29.77%	-1.36%	-8.19%
Tax Burden Percent	100.58%	104.93%	103.18%	101.98%	100.81%	112.00%	98.61%	99.63%	268.89%	102.74%
Interest Burden Percent	100.20%	104.63%	109.57%	112.93%	128.66%	231.33%	120.35%	116.22%	-14.50%	174.27%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	-137.26%	-161.91%	-125.40%	-194.53%	-44.35%	-53.42%	-70.91%	-199.13%	-22.91%	16.52%
ROIC Less NNEP Spread (ROIC-NNEP)	-124.87%	-157.10%	-114.19%	-178.15%	-3.49%	-64.32%	-173.80%	-242.84%	-19.05%	-8.33%
Return on Net Nonoperating Assets (RNNOA)	82.36%	103.02%	68.93%	105.76%	0.82%	10.57%	-60.92%	-513.22%	-156.99%	-58.44%
Return on Equity (ROE)	-54.90%	-58.89%	-56.47%	-88.77%	-43.52%	-42.85%	-131.83%	-712.35%	-179.91%	-41.91%
Cash Return on Invested Capital (CROIC)	-138.83%	-156.07%	-147.12%	-157.40%	-130.35%	-132.85%	-98.68%	-134.12%	-17.59%	-0.75%
Operating Return on Assets (OROA)	-34.90%	-21.23%	-20.53%	-26.97%	-12.51%	-2.37%	-16.72%	-25.50%	3.63%	-4.52%
Return on Assets (ROA)	-35.18%	-23.31%	-23.21%	-31.06%	-16.23%	-6.15%	-19.84%	-29.52%	-1.42%	-8.09%
Return on Common Equity (ROCE)	-54.90%	-58.89%	-56.47%	-88.77%	-43.52%	-42.85%	-131.83%	-712.35%	-179.91%	-41.91%
Return on Equity Simple (ROE_SIMPLE)	-82.31%	0.00%	-141.41%	-195.45%	-199.48%	0.00%	1,112.62%	238.23%	177.95%	0.00%
Net Operating Profit after Tax (NOPAT)	-26	-28	-25	-28	-11	-12	-14	-27	-5.01	3.52
NOPAT Margin	-22.43%	-22.61%	-18.25%	-22.29%	-7.77%	-8.11%	-9.13%	-18.73%	-3.25%	2.11%
Net Nonoperating Expense Percent (NNEP)	-12.39%	-4.81%	-11.20%	-16.38%	-40.86%	10.90%	102.90%	43.72%	-3.86%	24.86%
Return On Investment Capital (ROIC_SIMPLE)	-	-10.78%	-	-	-	-4.55%	-	-	-	1.62%
Cost of Revenue to Revenue	28.64%	28.09%	26.69%	28.85%	26.31%	23.61%	25.36%	26.91%	24.07%	21.41%
SG&A Expenses to Revenue	24.91%	23.68%	21.96%	22.87%	17.10%	22.15%	22.32%	27.44%	22.52%	20.10%
R&D to Revenue	31.92%	30.14%	30.78%	31.12%	27.09%	23.81%	26.54%	26.93%	25.04%	22.31%
Operating Expenses to Revenue	103.41%	104.20%	99.39%	102.99%	84.79%	87.97%	87.68%	99.85%	80.57%	75.57%
Earnings before Interest and Taxes (EBIT)	-44	-31	-33	-37	-17	-3.86	-28	-38	5.39	-7.62
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-42	-29	-30	-34	-15	-1.33	-25	-35	8.10	-4.95
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	17.10	16.21	27.77	43.07	48.97	52.69	0.00	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	20.58	20.70	38.15	70.23	87.72	129.19	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	6.61	5.05	6.61	6.86	6.34	5.06	5.24	3.85	4.15	3.95
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	36.62	34.80	46.29	69.25	31.80	28.07	40.05	39.44	40.98	43.63
Enterprise Value to Revenue (EV/Rev)	6.40	4.88	6.51	6.79	6.41	5.14	5.39	4.03	4.34	4.10
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	367.46
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.81	1.80	2.58	3.05	3.95	-26.40	-5.56	-5.08	-7.67
Long-Term Debt to Equity	0.00	0.79	1.23	1.77	2.09	2.68	-25.66	-5.38	-4.88	-7.38
Financial Leverage	-0.66	-0.66	-0.60	-0.59	-0.24	-0.16	0.35	2.11	8.24	7.01
Leverage Ratio	2.21	2.89	3.19	3.79	4.36	6.17	11.62	33.37	62.67	63.37
Compound Leverage Factor	2.21	3.03	3.50	4.28	5.61	14.27	13.98	38.78	-9.09	110.44
Debt to Total Capital	0.00%	44.77%	64.25%	72.09%	75.29%	79.79%	103.94%	121.92%	124.53%	114.99%
Short-Term Debt to Total Capital	0.00%	1.04%	20.10%	22.65%	23.75%	25.63%	2.89%	4.01%	4.73%	4.41%
Long-Term Debt to Total Capital	0.00%	43.73%	44.15%	49.45%	51.54%	54.15%	101.05%	117.91%	119.80%	110.58%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	55.23%	35.75%	27.91%	24.71%	20.21%	-3.94%	-21.92%	-24.53%	-14.99%
Debt to EBITDA	0.00	-0.84	-1.41	-1.54	-1.91	-2.57	-3.38	-3.33	-4.74	-4.39
Net Debt to EBITDA	0.00	0.57	0.32	0.23	-0.35	-0.59	-1.13	-1.38	-2.11	-1.59
Long-Term Debt to EBITDA	0.00	-0.82	-0.97	-1.05	-1.31	-1.74	-3.28	-3.22	-4.56	-4.22
Debt to NOPAT	0.00	-1.16	-1.91	-1.93	-2.25	-2.73	-3.95	-4.00	-4.37	-5.88
Net Debt to NOPAT	0.00	0.79	0.43	0.29	-0.41	-0.63	-1.32	-1.65	-1.95	-2.13
Long-Term Debt to NOPAT	0.00	-1.14	-1.31	-1.32	-1.54	-1.86	-3.84	-3.87	-4.20	-5.65
Altman Z-Score	6.01	3.12	3.57	3.65	3.50	2.65	2.59	1.69	2.20	1.97
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.33	1.56	1.46	1.34	1.19	1.12	1.33	1.24	1.21	1.23
Quick Ratio	1.05	1.34	1.24	1.14	0.94	0.89	1.02	0.96	0.94	1.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-37	-29	-20	-12	-39	-46	-20	-37	38	46
Operating Cash Flow to CapEx	-3,715.73%	-389.39%	-571.48%	-352.75%	-13,741.23%	-606.62%	858.33%	-2,399.86%	-2,322.25%	2,714.48%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	-2.48	-7.83	0.00	0.00	-6.04	6.16	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	-2.51	-13.22	0.00	0.00	-2.88	-1.34	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	-3.22	-13.31	0.00	0.00	-3.00	-1.39	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.94	0.85	0.85	0.94	1.00	0.89	0.90	0.99	1.04	0.99
Accounts Receivable Turnover	3.53	3.16	3.63	3.98	3.80	3.23	4.04	4.36	4.35	3.37
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	12.26	0.00	11.59	12.20	12.96	0.00	12.66	13.56	14.59	15.47
Accounts Payable Turnover	16.85	19.37	33.18	20.46	26.15	20.23	21.12	23.02	23.10	28.62
Days Sales Outstanding (DSO)	103.50	115.43	100.48	91.66	96.12	112.95	90.24	83.79	83.88	108.44
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	21.67	18.84	11.00	17.84	13.96	18.04	17.28	15.86	15.80	12.75
Cash Conversion Cycle (CCC)	81.83	96.59	89.48	73.82	82.16	94.90	72.96	67.94	68.08	95.69
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	78	66	69	50	106	100	75	59	63	58
Invested Capital Turnover	6.12	7.16	6.87	8.73	5.71	6.59	7.77	10.63	7.05	7.82
Increase / (Decrease) in Invested Capital	10	0.47	-4.77	-17	28	34	6.55	9.48	-43	-42
Enterprise Value (EV)	2,863	2,282	3,185	3,442	3,373	2,805	3,017	2,334	2,583	2,527
Market Capitalization	2,958	2,362	3,232	3,473	3,335	2,758	2,932	2,229	2,470	2,437
Book Value per Share	$2.39	$2.01	$1.60	$1.11	$0.93	$0.71	($0.13)	($0.63)	($0.69)	($0.44)
Tangible Book Value per Share	$1.98	$1.57	$1.16	$0.68	$0.52	$0.29	($0.54)	($1.04)	($1.11)	($0.82)
Total Capital	173	264	326	289	276	259	245	208	203	218
Total Debt	0.00	118	209	208	207	207	255	254	253	250
Total Long-Term Debt	0.00	115	144	143	142	140	248	246	243	241
Net Debt	-95	-80	-48	-31	38	48	85	105	113	91
Capital Expenditures (CapEx)	1.18	3.23	4.42	3.38	0.47	1.36	2.20	0.73	0.36	0.51
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-21	-43	-44	-62	-42	-49	-67	-70	-68	-69
Debt-free Net Working Capital (DFNWC)	74	155	213	177	128	110	103	79	72	90
Net Working Capital (NWC)	74	152	148	111	62	43	96	70	62	81
Net Nonoperating Expense (NNE)	18	5.98	12	14	12	-1.77	19	16	-2.91	17
Net Nonoperating Obligations (NNO)	-95	-80	-48	-31	38	48	85	105	113	91
Total Depreciation and Amortization (D&A)	1.76	2.01	2.41	2.52	2.46	2.53	2.50	2.73	2.71	2.68
Debt-free, Cash-free Net Working Capital to Revenue	-4.73%	-9.24%	-8.90%	-12.32%	-7.98%	-9.07%	-11.98%	-12.18%	-11.48%	-11.26%
Debt-free Net Working Capital to Revenue	16.45%	33.12%	43.62%	34.91%	24.26%	20.09%	18.40%	13.59%	12.02%	14.65%
Net Working Capital to Revenue	16.45%	32.53%	30.23%	21.99%	11.81%	7.92%	17.14%	12.15%	10.41%	13.09%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.61)	($0.47)	($0.51)	($0.58)	($0.30)	($0.13)	($0.45)	($0.60)	($0.03)	($0.18)
Adjusted Weighted Average Basic Shares Outstanding	72.50M	72.46M	72.87M	73.04M	73.18M	73.10M	73.30M	72.30M	72.40M	72.99M
Adjusted Diluted Earnings per Share	($0.61)	($0.47)	($0.51)	($0.58)	($0.30)	($0.13)	($0.45)	($0.60)	($0.03)	($0.18)
Adjusted Weighted Average Diluted Shares Outstanding	72.50M	72.46M	72.87M	73.04M	73.18M	73.10M	73.30M	72.30M	72.40M	72.99M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	72.55M	72.84M	72.96M	73.12M	73.23M	73.40M	72.24M	72.35M	73.89M	74.05M
Normalized Net Operating Profit after Tax (NOPAT)	-26	-28	-25	-28	-11	-12	-14	-27	-5.01	3.52
Normalized NOPAT Margin	-22.43%	-22.61%	-18.25%	-22.29%	-7.77%	-8.11%	-9.13%	-18.73%	-3.25%	2.11%
Pre Tax Income Margin	-37.11%	-26.08%	-26.39%	-32.52%	-16.10%	-6.15%	-22.28%	-29.88%	-0.51%	-7.97%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	-7.73	-3.49	0.00	0.00	-6.16	0.87	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	-5.99	-2.17	0.00	0.00	-4.49	-0.81	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	-8.45	-3.59	0.00	0.00	-6.29	0.82	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	-6.70	-2.26	0.00	0.00	-4.61	-0.87	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-54.21%

Frequently Asked Questions About Appian's Financials

When does Appian's fiscal year end?

According to the most recent income statement we have on file, Appian's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Appian's net income changed over the last 9 years?

Appian's net income appears to be on an upward trend, with a most recent value of -$92.26 million in 2024, rising from -$6.99 million in 2015. The previous period was -$111.44 million in 2023. View Appian's forecast to see where analysts expect Appian to go next.

What is Appian's operating income?

Appian's total operating income in 2024 was -$60.85 million, based on the following breakdown:

Total Gross Profit: $466.84 million
Total Operating Expenses: $527.70 million

How has Appian revenue changed over the last 9 years?

Over the last 9 years, Appian's total revenue changed from $111.20 million in 2015 to $617.02 million in 2024, a change of 454.9%.

How much debt does Appian have?

Appian's total liabilities were at $653.68 million at the end of 2024, a 13.7% increase from 2023, and a 489.9% increase since 2016.

How much cash does Appian have?

In the past 8 years, Appian's cash and equivalents has ranged from $31.14 million in 2016 to $159.76 million in 2019, and is currently $118.55 million as of their latest financial filing in 2024.

How has Appian's book value per share changed over the last 9 years?

Over the last 9 years, Appian's book value per share changed from 0.00 in 2015 to -0.44 in 2024, a change of -44.2%.

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This page (NASDAQ:APPN) was last updated on 5/6/2025 by MarketBeat.com Staff

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Appian (APPN) Financials

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Appian (APPN) Financials

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