Appian Corporation
APPNUSAppian Corporation provides a sophisticated low-code automation platform, serving clients across the United States and globally. This advanced technology significantly simplifies software development by automatically generating components like forms, complex workflows, data architectures, various reports, and user interfaces, which traditionally require extensive manual coding. In addition to its core platform, Appian extends its offerings to include dedicated professional services and comprehensive customer assistance. Its diverse clientele encompasses a wide array of sectors, such as financial institutions, government organizations, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation. The company, founded in 1999, is based in McLean, Virginia.
Enterprise value over trailing (LTM) vs. forward (NTM) fundamentals. Click an LTM cell to chart it.
- Sector
- Application Software
- Sub-sector
- Customer & Revenue Applications
- Listing
- APPN
- Country
- US
Annual financials & analyst forecasts
| $M | CY2021 | CY2022 | CY2023 | CY2024 | CY2025 | CY2026E | CY2027E |
|---|---|---|---|---|---|---|---|
| Revenue YoY | — | 27% | 17% | 13% | 18% | 14% | 11% |
| Revenue | $369M | $468M | $545M | $617M | $727M | $826M | $914M |
| Gross Profit | $265M | $335M | $402M | $467M | $543M | — | — |
| Gross Profit Margin | 71.8% | 71.5% | 73.7% | 75.7% | 74.7% | — | — |
| EBITDA | ($82M) | ($141M) | ($81M) | ($56M) | $37M | $268M | $296M |
| EBITDA Margin | -22.1% | -30.2% | -14.8% | -9.1% | 5.1% | 32.4% | 32.4% |
| EBIT | ($84M) | ($145M) | ($108M) | ($61M) | $0.61M | $258M | $286M |
| Net Income | ($89M) | ($151M) | ($111M) | ($92M) | $1M | $73M | $94M |
| Free Cash Flow | ($60M) | ($116M) | ($120M) | $3M | $60M | — | — |
| FCF Margin | -16.2% | -24.7% | -22.0% | 0.5% | 8.2% | — | — |
| Short-Term Debt | $0M | $3M | $66M | $10M | $23M | — | — |
| Long-Term Debt | $0M | $115M | $140M | $241M | $277M | — | — |
| Cash & Cash Equivalents | $101M | $148M | $149M | $119M | $136M | — | — |
| Net Debt | ($101M) | ($30M) | $57M | $132M | $164M | — | — |
| Net Debt / EBITDA | — | — | — | — | 4.4x | — | — |
| Rule of 40 | — | 2.0% | -5.5% | 13.6% | 26.0% | — | — |