APPIAN CORPAPPNEarnings & Financial Report
Appian Corporation is an American cloud computing and enterprise software company headquartered in McLean, Virginia, part of the Dulles Technology Corridor. The company sells a platform as a service (PaaS) for building enterprise software applications. It is focused on low-code development, process mining, business process management, and case management markets in North America, Europe, the Middle East and Southeast Asia.
Revenue
$154.1M
Gross Profit
$117.0M
Operating Profit
$-7.2M
Net Profit
$-2.1M
Gross Margin
75.9%
Operating Margin
-4.6%
Net Margin
-1.4%
YoY Growth
12.4%
EPS
$-0.03
APPIAN CORP Q3 FY2024 Financial Summary
APPIAN CORP reported revenue of $154.1M (up 12.4% YoY) for Q3 FY2024, with a net profit of $-2.1M (up 90.6% YoY) (-1.4% margin). Cost of goods sold was $37.1M, operating expenses totaled $124.1M.
Key Financial Metrics
| Total Revenue | $154.1M |
|---|---|
| Net Profit | $-2.1M |
| Gross Margin | 75.9% |
| Operating Margin | -4.6% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
APPIAN CORP Q3 FY2024 revenue of $154.1M breaks down across 4 segments, led by Cloud Subscriptions at $94.1M (61.1% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Cloud Subscriptions | $94.1M | 61.1% |
| Professional Services | $30.9M | 20.1% |
| Term License Subscriptions | $21.3M | 13.8% |
| Maintenance And Support | $7.8M | 5.1% |
APPIAN CORP Revenue by Segment — Quarterly Trend
APPIAN CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Cloud Subscriptions and Professional Services) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Cloud Subscriptions | — | $113.6M | $106.9M | $99.8M |
| Professional Services | $40.6M | $39.8M | $38.0M | $32.1M |
| Term License Subscriptions | — | $24.8M | $17.7M | $26.9M |
| Maintenance And Support | — | $8.8M | $8.0M | $7.6M |
APPIAN CORP Annual Revenue by Year
APPIAN CORP annual revenue history includes year-by-year totals (for example, 2025 revenue was $726.9M).
| Year | Annual Revenue |
|---|---|
| 2025 | $726.9M |
| 2024 | $617.0M |
| 2023 | $545.4M |
| 2022 | $468.0M |
APPIAN CORP Quarterly Revenue & Net Profit History
APPIAN CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $202.9M | +21.7% | $-5.1M | -2.5% |
| Q3 FY2025 | $187.0M | +21.4% | $7.8M | 4.2% |
| Q2 FY2025 | $170.6M | +16.5% | $-312.0K | -0.2% |
| Q1 FY2025 | $166.4M | +11.1% | $-1.2M | -0.7% |
| Q4 FY2024 | $166.7M | +14.7% | $-13.6M | -8.2% |
| Q3 FY2024 | $154.1M | +12.4% | $-2.1M | -1.4% |
| Q2 FY2024 | $146.4M | +14.7% | $-43.6M | -29.8% |
| Q1 FY2024 | $149.8M | +10.8% | $-32.9M | -22.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $149.8M | $146.4M | $154.1M | $166.7M | $166.4M | $170.6M | $187.0M | $202.9M |
| YoY Growth | 10.8% | 14.7% | 12.4% | 14.7% | 11.1% | 16.5% | 21.4% | 21.7% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $595.4M | $554.6M | $549.9M | $621.0M | $592.9M | $590.7M | $611.7M | $691.4M |
| Liabilities | $605.0M | $600.2M | $599.7M | $653.7M | $624.6M | $644.5M | $660.3M | $738.4M |
| Equity | $-9.7M | $-45.7M | $-49.8M | $-32.6M | $-31.7M | $-53.7M | $-48.5M | $-47.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $18.9M | $-17.6M | $-8.2M | $13.9M | $45.0M | $-1.9M | $18.7M | $1.1M |