Appian (APPN) vs SPS Commerce (SPSC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Appian (APPN) has outperformed SPS Commerce (SPSC) over the past year, gaining 28.0% versus a loss of 22.6%. Over five years, SPSC leads with a -50.3% price change compared with -58.9% for APPN. SPS Commerce is the larger company by market cap ($2.92 billion vs $2.70 billion), about 1.1 times the size.
On valuation, SPS Commerce trades at a lower forward P/E (15.2x vs 26.6x for Appian).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | APPN | SPSC |
|---|---|---|
| Share price | $37.76 | $81.00 |
| Market cap | $2.70B | $2.92B |
| 1-day change | +1.37% | -0.02% |
| YTD return | +6.61% | -9.12% |
| 1-year return | +27.96% | -22.55% |
| 5-year return | -58.95% | -50.29% |
| P/E ratio (TTM) | — | 39.13 |
| Forward P/E | 26.63 | 15.21 |
| EPS (TTM) | $-0.14 | $2.07 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $46.06 | $114.87 |
| 52-week low | $18.63 | $49.04 |
| Distance from 52-week high | -18.02% | -29.49% |
| Analyst consensus | none | none |
| Avg. price target upside | -9.96% | -6.85% |
| Average volume | 846.36K | 549.80K |
| Shares outstanding | 40.54M | 36.00M |
| Employees | 2,149 | 2,948 |
| Sector | Technology | Technology |
| Industry | Computer Software: Prepackaged Software | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- APPN has outperformed SPSC by 50.5 percentage points over the past year.
About Appian
APPN stock →Appian Corporation operates as a software company in the United States, Australia, Canada, France, Germany, India, Italy, Japan, Mexico, the Netherlands, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and internationally. The company offers The Appian Platform, an integrated automation platform that enables organizations to design, automate, and optimize critical business processes.
Technology · Computer Software: Prepackaged Software · 2,149 employees
About SPS Commerce
SPSC stock →SPS Commerce, Inc. provides cloud-based supply chain management solutions in the United States.
Technology · Computer Software: Prepackaged Software · 2,948 employees
APPN vs SPSC FAQ
Which is bigger, Appian or SPS Commerce?
SPS Commerce (SPSC) is larger, with a market capitalization of $2.92B compared with $2.70B for Appian (APPN).
Which stock has performed better over the past year, APPN or SPSC?
APPN returned +27.96% over the past 12 months, compared with -22.55% for SPSC (price return, excluding dividends). Past performance does not predict future results.
Are Appian and SPS Commerce in the same industry?
Yes. Both are classified in the Computer Software: Prepackaged Software industry within the Technology sector.