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Other financials

Income statement

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Revenue$202.2M+21.5%
Gross profit$147.8M+20.7%
Operating income$3.2M+478%
Net income-$1.5M-29.6%
EPS (diluted)-$0.020.0%

Balance sheet

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Cash & equivalents$150.0M+11.1%
Total debt$295.2M-5.5%
Total equity-$59.0M-85.8%
Total assets$623.4M+5.1%

Cash flow

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Operating cash flow$48.8M+8.6%
CapEx$188.0K-71.1%
Free cash flow$48.6M+9.8%

Valuation

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Market cap$1.53B-26.9%
Enterprise value$1.67B-26.3%
P/E317.9×
P/S-1.3×

Profitability

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Gross margin71.8%-0.7pp
Operating margin0.2%+0.1pp
Net margin-1.1%-0.5pp
FCF margin8.8%+3.9pp

Returns & leverage

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Return on equity-112.5%+80.0pp
Debt / equity5.3×+4.0×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Appian Corporation in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Appian Corporation’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Appian Corporation's R&D?
Appian Corporation (APPN) reported R&D of $46.32M in Q1 2026.
How has Appian Corporation's R&D changed year-over-year?
Appian Corporation's R&D increased by 10.7% year-over-year, from $41.83M to $46.32M.
What is the long-term trend for Appian Corporation's R&D?
Over 4 years (2021 to 2025), Appian Corporation's R&D has grown at a 15.7% compound annual growth rate (CAGR), from $97.52M to $174.5M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.