Appian share price today

Appian Corporation's share price was $49.82 at the close on 4 November 2026. It has been stalling near its high for 14 weeks. That is 70.4% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 18 weeks in a row.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Appian Corporation is in stage 3. The phase helps read everything below.

In the last 52 weeks it traded between $20 and $52, and at that close it sat 92% of the way up from that low.

Over the last 9.4 years the share price moved +191% while the S&P 500 moved +217%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Appian Corporation pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Appian is on one of our US lists: US tech stocks.

Appian Corporation posted a net loss of $11.8 M in the Jun 2026 quarter. Full-year FY25 profit was $1.2 M. That loss is 5.8% of the quarter's revenue. The same quarter a year earlier lost $312 K. 11 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Appian Corporation reported $203 M of revenue in the Jun 2026 quarter, +19.1% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 18.5% a year on average. The last full year, FY25, came in at $727 M.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to $795 M.

FY25 revenue was $727 M, +17.8% on the year before.

Recent pace: the last four quarters grew +20.9% on average, against 18.5% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +20.9%, against +17.2% a year over the last 8 quarters (accelerating).

Appian Corporation's operating margin was 0.4% in the Jun 2026 quarter, 5.4 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between −31.0% and 1.6%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Across 5 years it has been between −31.0% and 1.6%, and FY25's 1.6% is the highest of them.

Why the margin moved: operating margin changed +5.4 percentage points on the year while gross margin changed −0.1 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

Appian Corporation's cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $62.9 M of operating cash against $1.2 M of profit. After $3.3 M of spending on assets, $59.6 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Appian Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $16.8 M on assets over the last 3 years. Averaged over those years that is 0.8% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $16.8 M over the last 3 years.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Appian Corporation's P/E is 2,485.2×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.

Appian Corporation's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 1 measure, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading.

The return-on-capital line is not shown: net worth is negative, so a return on capital means nothing. The balance sheet is in distress, and this reading uses the growth lines alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Appian Corporation earned a ROE of −3% in FY25. That is up from a low of −213% in FY23. Its return on capital used (ROIC) is 6.4 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 0.2% net margin and 1.05× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY25): a 0.2% net margin × 1.05× asset turnover × −14.71× leverage (assets divided by equity) ≈ −3.1% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 15.4% − 9.0% = +6.4 percentage points. The 9.0% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value.

The 15.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 0.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Appian Corporation's net worth is negative: it owes more than it owns, so a debt-to-equity ratio means nothing here. Year by year, that ratio went from 0.24 in FY21 to −6.38 in FY25. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

12.0% of Appian Corporation's tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 5.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

For Appian Corporation, the Z-score is 1.88. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 1.88 is in the grey area, neither clearly safe nor clearly in trouble.

There is no score against its industry: Appian Corporation is not among the largest members shown in this industry comparison for Software - Infrastructure.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

No sector comparison is shown here, not among the largest members shown in this industry comparison.

Appian is the 51st largest of 117 Software - Infrastructure companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Core Scientific, Inc., DLocal and AvePoint, Inc. Just below it: Shift4 Payments, Inc., Bullish and Wix.com.

Software - Infrastructure companies close in size

48. Core Scientific, Inc. $4.1 billion
49. DLocal Limited $4 billion
50. AvePoint, Inc. $3.6 billion
51. Appian Corporation $3.6 billion
52. Shift4 Payments, Inc. $3.5 billion
53. Bullish $3.5 billion
54. Wix.com Ltd. $3.4 billion

All 117 Software - Infrastructure companies, largest first

Companies close in size in other industries

1602. AvePoint, Inc. $3.6 billion · Software - Infrastructure
1603. Life360, Inc. $3.6 billion · Software - Application
1604. Appian Corporation $3.6 billion
1605. Uranium Energy Corp. $3.6 billion · Uranium
1606. The GEO Group, Inc. $3.6 billion · Security & Protection Services

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

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