Appen's earnings have been declining at an average annual rate of -16%, while the IT industry saw earnings growing at 9.1% annually. Revenues have been declining at an average rate of 15.7% per year.
Key information
-15.99%
Earnings growth rate
-12.28%
EPS growth rate
IT Industry Growth
22.43%
Revenue growth rate
-15.72%
Return on equity
-23.06%
Net Margin
-9.38%
Last Earnings Update
31 Dec 2025
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Appen makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
OTCPK:APPE.F Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Dec 25
233
-22
24
0
30 Sep 25
229
-22
24
0
30 Jun 25
225
-22
25
0
31 Mar 25
230
-21
25
0
31 Dec 24
235
-20
26
0
30 Sep 24
242
-56
27
0
30 Jun 24
248
-93
28
0
31 Mar 24
261
-105
31
0
31 Dec 23
274
-118
33
0
30 Sep 23
309
-196
35
0
30 Jun 23
345
-273
37
0
31 Mar 23
367
-256
35
0
31 Dec 22
388
-239
33
0
30 Sep 22
411
-113
30
0
30 Jun 22
434
12
26
0
31 Mar 22
440
20
23
0
31 Dec 21
447
29
20
0
30 Sep 21
428
28
14
0
30 Jun 21
409
27
7
0
31 Mar 21
411
32
9
0
31 Dec 20
413
36
10
0
30 Sep 20
411
34
16
0
30 Jun 20
401
31
21
0
31 Mar 20
354
27
19
0
31 Dec 19
376
29
20
0
30 Sep 19
335
30
15
0
30 Jun 19
320
33
11
0
31 Mar 19
291
31
8
0
31 Dec 18
257
29
6
0
30 Sep 18
220
22
5
0
30 Jun 18
182
15
5
0
31 Mar 18
158
13
4
0
31 Dec 17
130
11
3
0
30 Sep 17
117
11
3
0
30 Jun 17
101
10
3
0
31 Mar 17
93
9
3
0
31 Dec 16
80
8
3
0
30 Sep 16
81
8
3
0
30 Jun 16
75
8
3
0
31 Mar 16
70
7
2
0
31 Dec 15
60
6
2
0
30 Sep 15
50
4
2
0
30 Jun 15
46
2
2
0
Quality Earnings: APPE.F is currently unprofitable.
Growing Profit Margin: APPE.F is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: APPE.F is unprofitable, and losses have increased over the past 5 years at a rate of 16% per year.
Accelerating Growth: Unable to compare APPE.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: APPE.F is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (2%).
Return on Equity
High ROE: APPE.F has a negative Return on Equity (-23.06%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/05 18:09
End of Day Share Price
2026/05/19 00:00
Earnings
2025/12/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Appen Limited is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.