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APPN

Neutral signalScored 2026-08-11 Drivers: fundamentals. Insiders: neutral. Moteurs : fondamentaux. Initiés : neutre.

Research, not advice.

À propos

Appian Corporation

Nom
Appian Corporation
Secteur
Technology
Industrie
Software - Infrastructure
Bourse
NASDAQ
Capitalisation
$3.7B
Employés
2,149
PDG
Matthew W. Calkins
Site web
https://www.appian.com
Marché
OTEXPATHPRGS

Appian 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.

Price (1 year)

Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.

VENTE TOTALE: 90 000 titres (~3 242 250,00 $ US)

Insiders
Calkins Matthew W
Total bought
—

Avg buy (VWAP, 90d window) —

Total sold
$1,642,340

Avg sell (VWAP, 90d window) $35.75 vs last close —

Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.

$1,642,340 of that total is under a Rule 10b5-1 plan. It is shown here and left out of the score.

Last activity
2026-10-07
Last synced
2026-10-13 10:07:46 Synced via automated research pipeline

Sign in to request a sync of this company's price history and timing levels.

Insider holdings as a share of total assets aren't available for this company.

Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.

Recent Form 4

Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.

Date Person Side Shares Price Value Form 4
2026-10-07 Calkins Matthew W Sell · S · 10b5-1 12,400 $37.97 $470,828 Form 4
2026-09-08 Calkins Matthew W Sell · S · 10b5-1 1,996 $37.07 $73,992 Form 4
2026-08-07 Calkins Matthew W Sell · S · 10b5-1 31,547 $34.79 $1,097,520 Form 4

Sales marked 10b5-1 are scheduled in advance and don't count toward the Quorum score. Les ventes marquées 10b5-1 sont planifiées à l'avance et ne pèsent pas dans le score Quorum.

Congressional trades

STOCK Act disclosures (90-day window)

Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.

No STOCK Act disclosures for this company in this window.

Signal

Neutral signalScored 2026-08-11 Drivers: fundamentals. Insiders: neutral. Moteurs : fondamentaux. Initiés : neutre.

APPN shows a genuine earnings catalyst with 23% cloud revenue growth and raised guidance, but the financial foundation remains fragile: a liquidity score of 45, debt-to-capital exceeding 1.0, and a near-zero interest…

The first sentence of the analysis written for APPN on 2026-08-11 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.

Neutral signal Drivers: fundamentals. Insiders: neutral. Moteurs : fondamentaux. Initiés : neutre.

Factor checklist — research, not advice

A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.

  • Insider Unavailable or mixed. – Insider: neutral. All sales (≈ $1.6M) were pre-planned Rule 10b5-1 trades, excluded from the score. No open-market buys or discretionary sales. – Initiés : neutre. Toutes les ventes (≈ $1.6M) sont sous plan 10b5-1 préétabli, exclues du score. Aucun achat ni vente discrétionnaire.
  • Congress Unavailable or mixed. No purchase disclosures in the stored window
  • Narrative Unavailable or mixed. Stored narrative reading is in the neutral band
  • Timing Unavailable or mixed. No stored price series
  • Financial indicators Unavailable or mixed. Current ratio 1.15 · operating margin 0.1%

Market snapshot

Financial ratios

MetricTrend2025-12-312024-12-312023-12-312022-12-312021-12-31
Gross Profit Margin72.5%75.7%73.7%71.5%71.8%
Ebit Margin3.8%-11.0%-16.6%-31.7%-23.7%
Ebitda Margin5.1%-9.3%-14.8%-30.2%-22.1%
Operating Profit Margin0.1%-9.9%-19.8%-31.0%-22.7%
Pretax Profit Margin0.9%-14.8%-19.8%-32.1%-23.8%
Continuous Operations Profit Margin0.2%-15.0%-20.4%-32.2%-24.0%
Net Profit Margin0.2%-15.0%-20.4%-32.2%-24.0%
Bottom Line Profit Margin0.2%-15.0%-20.4%-32.2%-24.0%
Current Ratio1.1491.2281.1161.5631.568
Quick Ratio1.1491.2281.1161.5631.568
Solvency Ratio0.015-0.126-0.177-0.320-0.306
Cash Ratio0.3000.3340.4020.5480.467
Price To Earnings Ratio2,120.958-26.175-24.776-15.654-52.168
Price To Earnings Growth Ratio-20.9321.5300.920-0.236-0.325
Forward Price To Earnings Growth Ratio-20.9321.5300.920-0.236-0.325
Price To Earnings Diluted Ratio2,146.667-26.175-24.776-15.654-52.168
Price To Earnings Diluted Growth Ratio-21.1891.5300.920-0.236-0.325
Price To Book Ratio-55.813-73.74852.59816.19219.803
Price To Sales Ratio3.6083.9015.0485.04112.545
Price To Free Cash Flow Ratio44.039781.541-22.927-20.400-77.236
Price To Operating Cash Flow Ratio41.715349.978-24.927-22.141-85.914
Debt To Assets Ratio0.5000.5070.4420.3100.113
Debt To Equity Ratio-7.350-9.6505.2991.2630.243
Debt To Capital Ratio1.1571.1160.8410.5580.196
Long Term Debt To Capital Ratio1.2041.1570.7280.4420.000
Financial Leverage Ratio-14.713-19.02711.9894.0782.157
Working Capital Turnover Ratio9.8179.9545.5813.4062.224
Operating Cash Flow Ratio0.1390.019-0.298-0.394-0.250
Operating Cash Flow Sales Ratio0.0860.011-0.203-0.228-0.146
Free Cash Flow Operating Cash Flow Ratio0.9470.4481.0871.0851.112
Debt Service Coverage Ratio0.729-1.768-0.999-32.166-221.844
Interest Coverage Ratio0.029-2.580-6.045-86.677-225.556
Short Term Operating Cash Flow Coverage Ratio2.7600.717-1.664-38.8870.000
Operating Cash Flow Coverage Ratio0.1820.022-0.398-0.579-0.948
Capital Expenditure Coverage Ratio18.9491.811-11.460-11.715-8.900
Dividend Paid And Capex Coverage Ratio18.9491.811-11.460-11.715-8.900
Dividend Payout Ratio0.0000.0000.0000.0000.000
Enterprise Value Multiple76.551-45.204-35.614-16.955-56.128

Sparkline shows each ratio oldest → newest (left → right).

How the latest year compares

For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower

MetricCurrentvs 1Y agovs 5Y avg
Gross Profit Margin 72.5% ▼-3.1% ▼-0.5%
Ebit Margin 3.8% ▲14.7% ▲19.6%
Ebitda Margin 5.1% ▲14.4% ▲19.4%
Operating Profit Margin 0.1% ▲10.0% ▲16.7%
Pretax Profit Margin 0.9% ▲15.7% ▲18.8%
Continuous Operations Profit Margin 0.2% ▲15.1% ▲18.5%
Net Profit Margin 0.2% ▲15.1% ▲18.5%
Bottom Line Profit Margin 0.2% ▲15.1% ▲18.5%
Current Ratio 1.149 ▼-0.079 ▼-0.176
Quick Ratio 1.149 ▼-0.079 ▼-0.176
Solvency Ratio 0.015 ▲0.141 ▲0.198
Cash Ratio 0.300 ▼-0.034 ▼-0.110
Price To Earnings Ratio 2120.958 ▲2147.133 ▲1720.521
Price To Earnings Growth Ratio -20.932 ▼-22.462 ▼-17.124
Forward Price To Earnings Growth Ratio -20.932 ▼-22.462 ▼-17.124
Price To Earnings Diluted Ratio 2146.667 ▲2172.841 ▲1741.088
Price To Earnings Diluted Growth Ratio -21.189 ▼-22.719 ▼-17.329
Price To Book Ratio -55.813 ▲17.936 ▼-47.619
Price To Sales Ratio 3.608 ▼-0.293 ▼-2.421
Price To Free Cash Flow Ratio 44.039 ▼-737.501 ▼-96.964
Price To Operating Cash Flow Ratio 41.715 ▼-308.262 ▼-10.027
Debt To Assets Ratio 0.500 ▼-0.008 ▲0.125
Debt To Equity Ratio -7.350 ▲2.301 ▼-5.311
Debt To Capital Ratio 1.157 ▲0.042 ▲0.384
Long Term Debt To Capital Ratio 1.204 ▲0.048 ▲0.498
Financial Leverage Ratio -14.713 ▲4.314 ▼-11.610
Working Capital Turnover Ratio 9.817 ▼-0.138 ▲3.620
Operating Cash Flow Ratio 0.139 ▲0.120 ▲0.296
Operating Cash Flow Sales Ratio 0.086 ▲0.075 ▲0.182
Free Cash Flow Operating Cash Flow Ratio 0.947 ▲0.499 ▲0.011
Debt Service Coverage Ratio 0.729 ▲2.496 ▲51.938
Interest Coverage Ratio 0.029 ▲2.610 ▲64.195
Short Term Operating Cash Flow Coverage Ratio 2.760 ▲2.044 ▲10.175
Operating Cash Flow Coverage Ratio 0.182 ▲0.160 ▲0.526
Capital Expenditure Coverage Ratio 18.949 ▲17.138 ▲21.212
Dividend Paid And Capex Coverage Ratio 18.949 ▲17.138 ▲21.212
Dividend Payout Ratio 0.000 0.000 0.000
Enterprise Value Multiple 76.551 ▲121.756 ▲92.021

Key metrics

MetricTrend20252024202320222021
Market cap$2.62B$2.41B$2.75B$2.36B$4.63B
Enterprise value$2.83B$2.60B$2.88B$2.40B$4.59B
EV / Sales3.90x4.22x5.28x5.12x12.43x
EV / Op. cash flow45.05x378.54x-26.09x-22.48x-85.10x
EV / Free cash flow47.56x845.32x-23.99x-20.71x-76.50x
EV / EBITDA76.55x-45.20x-35.61x-16.95x-56.13x
Net debt / EBITDA5.66x-3.41x-1.58x-0.25x0.54x
Current ratio1.15x1.23x1.12x1.56x1.57x
Income quality50.99x-0.07x0.99x0.71x0.61x
Graham net-net-$5-$5-$4-$2-$0
Tax burden19.1%101.2%103.0%100.5%100.9%
Interest burden23.6%134.9%119.8%101.1%100.4%
Working capital$67.3M$80.8M$43.2M$152.2M$122.5M
Invested capital$157.5M$176.8M$156.8M$262.9M$222.3M
Return on assets0.2%-14.9%-17.8%-25.4%-17.6%
Operating ROA0.1%-9.7%-17.7%-26.4%-16.5%
Return on tangible assets0.2%-15.6%-18.7%-26.8%-18.9%
Return on equity-2.6%282.7%-212.9%-103.6%-37.9%
Return on invested capital0.0%-21.1%-32.3%-43.2%-28.3%
Return on capital employed0.3%-22.9%-42.1%-44.8%-29.1%
Earnings yield0.0%-3.8%-4.0%-6.4%-1.9%
Free cash flow yield2.3%0.1%-4.4%-4.9%-1.3%
Capex / Op. cash flow5.3%55.2%-8.7%-8.5%-11.2%
Capex / Depreciation34.2%37.9%101.7%124.6%105.5%
Capex / Sales0.5%0.6%1.8%1.9%1.6%
SG&A / Sales48.8%60.4%65.4%72.8%68.1%
R&D / Sales23.7%25.1%28.1%29.7%26.4%
Stock comp / Sales5.7%6.3%8.0%8.3%6.5%
Intangibles / Total assets4.3%4.5%4.9%5.3%6.9%
Days sales outstanding140d115d115d129d129d
Days payables outstanding12d11d16d22d20d
Operating cycle140d115d115d129d129d
Cash conversion cycle128d105d99d108d108d

Change by theme

Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.

Change over 1 year

Valuation
Market cap ▲+9.0%EV / Sales ▼-7.7%EV / EBITDA ▲+269.3%EV / Op. cash flow ▼-333.489Earnings yield ▲+0.039
Profitability
Return on equity ▼-2.853Return on assets ▲+0.150Return on invested capital ▲+0.212Return on capital employed ▲+0.231Operating ROA ▲+0.098Income quality ▲+51.067Tax burden ▼-0.820
Efficiency
Days sales outstanding ▲+24.413Days payables outstanding ▲+1.665Operating cycle ▲+24.413Cash conversion cycle ▲+22.748Capex / Sales ▼-0.002R&D / Sales ▼-0.014
Balance-sheet strength
Current ratio ▼-0.079Net debt / EBITDA ▲+9.075Working capital ▼-13470000.000Invested capital ▼-19236000.000Intangibles / Total assets ▼-0.001

Change over 5 years

Valuation
Market cap ▼-43.4%EV / Sales ▼-68.6%EV / EBITDA ▲+236.4%EV / Op. cash flow ▲+130.148Earnings yield ▲+0.020
Profitability
Return on equity ▲+0.353Return on assets ▲+0.177Return on invested capital ▲+0.283Return on capital employed ▲+0.293Operating ROA ▲+0.166Income quality ▲+50.384Tax burden ▼-0.818
Efficiency
Days sales outstanding ▲+11.258Days payables outstanding ▼-8.049Operating cycle ▲+11.258Cash conversion cycle ▲+19.306Capex / Sales ▼-0.012R&D / Sales ▼-0.027
Balance-sheet strength
Current ratio ▼-0.419Net debt / EBITDA ▲+5.127Working capital ▼-55226000.000Invested capital ▼-64756000.000Intangibles / Total assets ▼-0.026

Employee count

Peer market caps

Recent news