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
DateValue
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