Appian (APPN) Debt to Equity (2016 - 2026)
Appian (APPN) recorded quarterly Debt to Equity of -$4.04 in Q1 2026, up 21.1% on a QoQ basis from -$5.12 in Q4 2025, and up 48.25% year-over-year from -$2.73 in Q1 2025.
Appian (APPN) Debt to Equity (2016 - 2026) Analysis & Trends
Appian has disclosed Debt to Equity across 6 years of filings, most recently posting -$4.04 for Q1 2026.
- Quarterly Debt to Equity rose 48.25% year-over-year to -$4.04 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$4.04 (up 48.25% YoY) and the FY2025 annual result came in at -$5.12, up 33.2% from the prior year.
- Debt to Equity climbed to -$4.04 in Q1 2026, from -$5.12 in the prior quarter.
- Over five years, Debt to Equity peaked at $3.95 in Q4 2023 and troughed at -$26.4 in Q1 2024.
- A 5-year average of -$4.22 and a median of -$4.82 in 2025 frame the typical range for Debt to Equity.
- Annual changes were most pronounced in 2023 — Debt to Equity surged 386.86% — and 2024, when it plunged 1568.99%.
- Tracing APPN's Debt to Equity over 5 years: stood at $0.81 in 2022, then soared by 386.86% to $3.95 in 2023, then tumbled by 294.38% to -$7.67 in 2024, then jumped by 33.2% to -$5.12 in 2025, then increased by 21.1% to -$4.04 in 2026.
- Business Quant data shows APPN's Debt to Equity at -$4.04 in Q1 2026, -$5.12 in Q4 2025, and -$5.06 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 0.10 |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 3.24 |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 0.17 |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 0.50 |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 0.33 |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 0.85 |
| 10 | Appian | 1.78 Bn | 1.58 Bn | 147.77 Mn | -4.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.04 |
| Dec 31, 2025 | -5.12 |
| Sep 30, 2025 | -5.06 |
| Jun 30, 2025 | -4.57 |
| Mar 31, 2025 | -7.81 |
| Dec 31, 2024 | -7.67 |
| Sep 30, 2024 | -5.08 |
| Jun 30, 2024 | -5.56 |
| Mar 31, 2024 | -26.40 |
| Dec 31, 2023 | 3.95 |
| Sep 30, 2023 | 3.05 |
| Jun 30, 2023 | 2.58 |
| Mar 31, 2023 | 1.80 |
| Dec 31, 2022 | 0.81 |
| Dec 31, 2016 | -0.32 |