Appian (APPN) Debt Ratio (2016 - 2026)

Appian (APPN) posted Debt Ratio of 0.4 for Q1 2026, up 14.23% on a QoQ basis from 0.35 in Q4 2025, and down 8.43% year-over-year from 0.43 in Q1 2025.

Appian (APPN) Debt Ratio (2016 - 2026) Analysis & Trends

Appian's Debt Ratio history runs 6 years deep, the most recent figure standing at 0.4 for Q1 2026.

  • Quarterly Debt Ratio fell 8.43% year-over-year to 0.4 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.4 (down 8.43% YoY) and the FY2025 annual result came in at 0.35, down 13.62% from the prior year.
  • Debt Ratio was 0.4 for Q1 2026 at Appian, up from 0.35 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.48 in Q3 2024 and bottomed at 0.2 in Q4 2022.
  • A 5-year average of 0.38 and a median of 0.4 in 2024 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2023 — Debt Ratio surged 61.87% — and 2025, when it fell 13.62%.
  • Appian's Debt Ratio stood at 0.2 in 2022, then jumped by 61.87% to 0.33 in 2023, then rose by 22.48% to 0.4 in 2024, then declined by 13.62% to 0.35 in 2025, then climbed by 14.23% to 0.4 in 2026.
  • Business Quant data shows APPN's Debt Ratio at 0.4 in Q1 2026, 0.35 in Q4 2025, and 0.42 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 0.06
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -
3 Oracle 344.13 Bn 312.24 Bn - 0.47
4 Repay Holdings 342.29 Bn 342.15 Bn - 0.36
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn -
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn -
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 0.07
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 0.05
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 0.21
10 Appian 2.02 Bn 1.81 Bn 147.77 Mn 0.40

Historic Data

Download Data
DateValue
Mar 31, 2026 0.40
Dec 31, 2025 0.35
Sep 30, 2025 0.42
Jun 30, 2025 0.43
Mar 31, 2025 0.43
Dec 31, 2024 0.40
Sep 30, 2024 0.48
Jun 30, 2024 0.47
Mar 31, 2024 0.43
Dec 31, 2023 0.33
Sep 30, 2023 0.35
Jun 30, 2023 0.34
Mar 31, 2023 0.32
Dec 31, 2022 0.20
Dec 31, 2016 0.19