How much debt does Appian have?

Appian had total debt of $240.83M as of Dec 31, 2025, against $187.22M in cash and short-term investments. Total debt was $250.42M a year earlier.

What are Appian's total assets?

Appian reported total assets of $691.39M as of Dec 31, 2025, up 11.3% from $621.04M a year earlier. Total liabilities were $738.39M.

What is Appian's shareholders' equity?

Appian's shareholders' equity was negative at −$46.99M as of Dec 31, 2025, so its liabilities exceeded its assets.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry.

Appian (APPN) Balance Sheet: Assets & Liabilities

Appian Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Appian Corporation (APPN) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	135.81	118.55	149.35	148.13	100.80	112.46	159.76	94.93	73.76
Short-Term Investments	51.42	41.31	9.65	47.86	55.18	109.83	0.00	0.00	0.00
Cash & Short-Term Investments	187.23	159.86	159.00	196.00	155.98	222.29	159.76	94.93	73.76
Accounts Receivable	255.06	195.07	171.56	165.96	130.05	97.28	70.41	79.38	55.32
Inventory	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Assets	77.14	43.98	83.79	28.09	52.24	45.85	47.50	35.31	16.15
Total Current Assets	519.42	435.54	414.36	422.50	338.26	365.42	277.66	209.63	145.22
Non-Current Assets
Property, Plant & Equipment (Net)	60.16	68.19	82.66	79.10	64.81	66.06	63.76	7.54	2.66
Long-Term Investments	0.00	0.00	0.00	0.00	12.04	36.12	0.00	0.00	0.00
Goodwill	28.81	25.56	27.11	26.35	27.80	4.86	0.00	0.00	0.00
Intangible Assets	1.25	2.24	3.89	5.25	7.14	1.74	0.00	0.00	0.00
Other Non-Current Assets	81.75	24.84	96.04	3.29	54.46	37.82	29.57	15.69	12.89
Total Non-Current Assets	171.97	185.50	213.15	171.72	166.26	147.10	93.82	23.55	15.83
Total Assets	691.40	621.04	627.50	594.21	504.52	512.52	371.49	233.18	161.05
Current Liabilities
Accounts Payable	6.66	4.32	6.17	8.00	5.77	2.97	5.22	9.25	5.23
Short-Term Debt	9.60	9.60	78.07	2.74	8.11	13.85	10.57	0.00	0.00
Current Portion of Long-Term Debt	9.60	9.60	66.37	2.74	-	-	-	-	-
Accrued Liabilities	80.26	7.51	49.05	9.49	50.61	-	-	-	-
Deferred Revenue	341.28	281.76	235.99	194.77	150.17	116.26	82.20	95.52	70.17
Other Current Liabilities	1.13	1.09	49.68	3.12	1.07	22.82	13.98	23.25	19.48
Total Current Liabilities	452.11	354.76	371.17	270.25	215.72	155.89	112.28	128.40	95.12
Non-Current Liabilities
Long-Term Debt	231.23	240.83	199.29	115.38	48.78	51.19	46.79	0.00	0.00
Deferred Tax Liabilities	0.00	0.00	0.00	0.10	0.21	0.07	0.04	0.04	0.09
Other Non-Current Liabilities	9.36	0.43	0.00	0.00	6.10	4.88	0.00	15.40	1.40
Total Non-Current Liabilities	286.28	298.92	203.99	178.26	54.88	60.03	53.97	31.59	20.41
Total Liabilities	738.39	653.68	575.16	448.51	270.60	215.92	166.25	159.99	115.53
Stockholders' Equity
Common Stock	0.01	0.01	0.01	0.01	0.00	0.01	0.01	0.01	0.01
Retained Earnings	-610.92	-612.15	-519.89	-408.45	-257.53	-168.89	-135.41	-145.64	-96.19
Accumulated Other Comprehensive Income	-36.46	-11.77	-23.56	-7.25	-5.69	-5.01	-0.29	0.54	0.44
Treasury Stock	16.94	-	-	-	-	-	-	-	-
Additional Paid-in Capital	617.32	591.28	595.78	561.39	497.13	470.50	340.93	218.28	141.27
Shares Outstanding	73.95	74.03	73.37	72.82	71.46	-	-	-	-
Total Stockholders' Equity	-46.99	-32.64	52.34	145.70	233.92	296.61	205.24	73.19	45.52
Total Liabilities & Equity	691.40	621.04	627.50	594.21	504.52	512.52	371.49	233.18	161.05

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Appian Balance Sheet Analysis

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