Risk factors
Appian (APPN) risk factors
Item 1A of every Appian Corp. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2025 10-K risk factors59 risks5 new4 dropped8 reworded
Pegasystems litigation shifted from pursuing a $2.036 billion judgment to retrial and uncertain collection of insurance proceeds.
Filed Feb 19, 2026 - FY2024 10-K risk factors58 risks
Appian faces heavy customer concentration with U.S. federal agencies generating 23.9 percent of 2024 revenue. The company relies entirely on a single software platform hosted on AWS infrastructure. Growth depends heavily on process automation demand, AI integration, and the outcome of litigation against competitor Pegasystems.
Filed Feb 19, 2025