APPIAN CORP

APPIAN CORP earnings

APPN

37 quarterly earnings reports from Q2 FY2017 to Q2 FY2026: Summary, reported figures, guidance, risks and SaaS KPIs.

Quarterly reports

Q2 FY2026
Quarter ended Jun 2026

Appian's fiscal 2026 second quarter revenue reached $203.3 million, up 19.1% from the prior-year quarter. Year-to-date revenue was $405.4 million, up 20.3%. Gross margin held at 71.2%, essentially flat with the prior-year quarter. Operating margin improved to negative 2.7%, up 3.8 percentage points.

4 KPIs8 guidance items6 risks
$203.3M
Revenue · +19.1% YoY
Op. margin -2.7%
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Q1 FY2026
Quarter ended Mar 2026

Appian's fiscal 2026 first quarter showed accelerating demand. Revenue reached $202.18 million, up 21.5% from $166.43 million in the prior-year quarter. Cloud subscriptions revenue was $124.5 million, up 25% year over year.

5 KPIs8 guidance items6 risks
$202.2M
Revenue · +21.5% YoY
Op. margin 1.6%
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Q4 FY2025
Quarter ended Dec 2025

Appian ended fiscal 2025 with solid top-line momentum. Fourth-quarter total revenue was $202.9 million, up 21.7% from the prior-year quarter, and full-year revenue was $726.9 million, up 17.8%. Cloud subscriptions revenue increased 18% in the fourth quarter and 19% for the full year.

4 KPIs8 guidance items17 risks
$202.9M
Revenue · +21.7% YoY
Op. margin -0.3%
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Q3 FY2025
Quarter ended Sep 2025

Appian reported total revenue of $187.0 million for the fiscal 2025 third quarter ended September 30, 2025, up 21.4% from the prior-year quarter. Year-to-date revenue was $524.1 million, up 16.4% from the prior-year YTD.

2 KPIs8 guidance items9 risks
$187.0M
Revenue · +21.4% YoY
Op. margin 7.0%
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Q2 FY2025
Quarter ended Jun 2025

Appian's second quarter of 2025 showed sharp improvement in profitability on the back of double-digit revenue growth. Total revenue for the quarter ended June 30, 2025 rose 16.5% to $170.64 million from $146.45 million in the prior-year quarter.

3 KPIs8 guidance items6 risks
$170.6M
Revenue · +16.5% YoY
Op. margin -6.4%
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Q1 FY2025
Quarter ended Mar 2025

Appian's FY2025 Q1, ended March 31, 2025, showed a cleaner income statement than the prior-year quarter. Total revenue rose 11.1% to $166.4 million. Gross profit increased 14.0% to $127.5 million. Gross margin improved to 76.6% from 74.6%. The operating loss narrowed to $0.8 million from $19.5 million.

2 KPIs9 guidance items5 risks
$166.4M
Revenue · +11.1% YoY
Op. margin -0.5%
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Q4 FY2024
Quarter ended Dec 2024

Appian closed fiscal 2024 with fourth-quarter total revenue of $166.7 million, up 14.7% from the prior-year quarter. Full-year revenue reached $617.0 million, up 13.1%. Gross profit was $131.0 million in the quarter, up 18.0%, and $466.8 million for the full year, up 16.1%.

4 KPIs14 guidance items9 risks
$166.7M
Revenue · +14.7% YoY
Op. margin 3.0%
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Q3 FY2024
Quarter ended Sep 2024

Appian reported third-quarter fiscal 2024 total revenue of $154.1 million, up 12.4% from the prior-year quarter. Gross profit was $117.0 million, up 15.8%. Gross margin reached 75.9%, up 2.2 percentage points. The GAAP operating loss narrowed to $7.2 million, an improvement of 53.0% from the prior-year quarter.

4 KPIs10 guidance items7 risks
$154.1M
Revenue · +12.4% YoY
Op. margin -4.7%
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Q2 FY2024
Quarter ended Jun 2024

Appian's June 30, 2024 quarter delivered double-digit top-line growth but a slightly wider GAAP net loss. Total revenue rose 14.7% to $146.5 million from $127.7 million. Gross profit increased 17.8% to $107.0 million, and gross margin improved to 73.1% from 71.2%.

1 KPIs10 guidance items
$146.4M
Revenue · +14.7% YoY
Op. margin -26.8%
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Q1 FY2024
Quarter ended Mar 2024

Appian's fiscal 2024 first quarter, ended March 31, 2024, showed top-line growth and a smaller loss. Revenue was $149.8 million, up 10.8% from the prior-year quarter. Gross profit was $111.8 million, up 12.8%. Gross margin reached 74.6%, up 1.3 percentage points. The operating loss narrowed 44.6% to $19.5 million.

2 guidance items8 risks
$149.8M
Revenue · +10.8% YoY
Op. margin -13.0%
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Q4 FY2023
Quarter ended Dec 2023

Appian closed fiscal 2023 with fourth quarter revenue of $145.3 million, up 15.5% from $125.8 million in the prior-year quarter. Full year revenue reached $545.4 million, up 16.5%. Cloud subscription revenue was $83.1 million in the quarter, up 26%, and $304.5 million for the full year, up 29%.

6 KPIs12 guidance items10 risks
$145.3M
Revenue · +15.5% YoY
Op. margin -11.6%
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Q3 FY2023
Quarter ended Sep 2023

Appian's third-quarter revenue was $137.1 million, up 16.3% from the third quarter of 2022. Cloud subscription revenue, a key metric, reached $77.2 million, up 27% year over year. Total subscriptions revenue rose 20% to $103.8 million, and professional services revenue was $33.3 million, up 6%.

2 KPIs10 guidance items
$137.1M
Revenue · +16.3% YoY
Op. margin -11.1%
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Q2 FY2023
Quarter ended Jun 2023

Appian reported FY2023 Q2 revenue of $127.7 million, up 16.0% from the prior-year quarter. The cloud subscription revenue retention rate was 115% as of June 30, 2023, compared with 116% a year earlier.

1 KPIs8 guidance items8 risks
$127.7M
Revenue · +16.0% YoY
Op. margin -31.8%
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Q1 FY2023
Quarter ended Mar 2023

Appian's fiscal 2023 first quarter, ended March 31, 2023, delivered solid top-line growth but wider losses. Total revenue rose 18.4% to $135.2 million from $114.3 million in the prior-year quarter. Gross profit increased 18.9% to $99.1 million, and gross margin edged up to 73.3% from 72.9%.

1 KPIs10 guidance items4 risks
$135.2M
Revenue · +18.4% YoY
Op. margin -26.1%
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Q4 FY2022
Quarter ended Dec 2022

Appian closed fiscal 2022 with fourth quarter revenue of $125.79 million, up 19.8% from $104.99 million in the year-earlier quarter. Cloud subscription revenue rose 29% to $65.8 million.

5 KPIs10 guidance items12 risks
$125.8M
Revenue · +19.8% YoY
Op. margin -32.3%
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Q3 FY2022
Quarter ended Sep 2022

Appian reported third quarter total revenue of $117.9 million, up 27.5% year-over-year. Gross profit was $84.1 million, up 27.6%. Gross margin was 71.4%, flat compared with the prior-year quarter. Year-to-date total revenue reached $342.2 million, up 29.5%. Year-to-date gross profit was $244.1 million, up 29.6%.

2 KPIs9 guidance items7 risks
$117.9M
Revenue · +27.6% YoY
Op. margin -32.0%
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Q2 FY2022
Quarter ended Jun 2022

Appian reported total revenue of $110.06 million for its fiscal 2022 second quarter, up 32.6% from $83.00 million in the prior-year quarter. Year-to-date revenue reached $224.33 million, up 30.5% from $171.85 million. Gross profit rose 34.3% to $76.77 million, and gross margin improved to 69.8% from 68.9%.

1 KPIs8 guidance items7 risks
$110.1M
Revenue · +32.6% YoY
Op. margin -38.8%
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Q1 FY2022
Quarter ended Mar 2022

Appian closed the first quarter of fiscal 2022 with total revenue of $114.3 million, up 28.6% from the prior-year quarter. Cloud subscription revenue did the heavy lifting, rising 37% to $53.4 million.

1 KPIs8 guidance items6 risks
$114.3M
Revenue · +28.6% YoY
Op. margin -20.9%
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Q4 FY2021
Quarter ended Dec 2021

Appian closed fiscal 2021 with total revenue of $104.99 million in the fourth quarter, up 28.6% from the prior-year quarter. Full-year revenue reached $369.26 million, up 21.2%.

9 KPIs14 guidance items13 risks
$105.0M
Revenue · +28.6% YoY
Op. margin -24.7%
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Q3 FY2021
Quarter ended Sep 2021

Appian's fiscal 2021 third quarter showed a business still expanding at a solid clip while costs ran well ahead of revenue. Total revenue was $92.4 million for the quarter ended September 30, 2021, up 19.6% from $77.3 million a year earlier.

5 KPIs8 guidance items8 risks
$92.4M
Revenue · +19.6% YoY
Op. margin -24.8%
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Q2 FY2021
Quarter ended Jun 2021

Appian's second quarter of fiscal 2021 showed solid top-line growth. Total revenue was $83.0 million, up 24.3% from the prior-year quarter. The cloud subscription revenue retention rate was 121% as of June 30, 2021, up from 113% a year earlier.

1 KPIs14 guidance items6 risks
$83.0M
Revenue · +24.3% YoY
Op. margin -29.6%
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Q1 FY2021
Quarter ended Mar 2021

Appian reported total revenue of $88.9 million for the first quarter of fiscal 2021, up 12.7% from a year earlier. Subscription sales did the heavy lifting. Subscriptions revenue reached $63.8 million, up 26% year over year, and rose to 71.8% of total revenue from 64.0% in the prior-year quarter.

1 KPIs8 guidance items7 risks
$88.9M
Revenue · +12.7% YoY
Op. margin -11.8%
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Q4 FY2020
Quarter ended Dec 2020

Appian Corporation closed fiscal 2020 with significant revenue growth, ending the year at $304.6 million, up from $260.4 million in 2019 and $226.7 million in 2018.

2 risks
$81.6M
Revenue · +26.6% YoY
Op. margin -11.9%
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Q3 FY2020
Quarter ended Sep 2020

Appian closed Q3 2020 with significant challenges due to the COVID-19 pandemic's ongoing impact on global economic conditions and business operations.

3 risks
$77.3M
Revenue · +11.4% YoY
Op. margin -9.7%
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Q2 FY2020
Quarter ended Jun 2020

Appian faced a challenging yet stable fiscal quarter, navigating through complexities presented by the COVID-19 pandemic. Despite global disruptions, Appian continued to operate with minimal adverse impacts on its financial condition or operations.

2 risks
$66.8M
Revenue · -0.2% YoY
Op. margin -18.1%
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Q1 FY2020
Quarter ended Mar 2020

Appian is navigating a complex macroeconomic landscape, primarily driven by the continuing impact of the COVID-19 pandemic. The company has adopted a virtual corporate strategy to address the challenges posed by COVID-19, enabling employees to work from home.

2 risks
$78.9M
Revenue · +32.4% YoY
Op. margin -10.9%
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Q4 FY2019
Quarter ended Dec 2019

Appian Corporation, a provider of a low-code automation platform, ended 2019 with strong revenue growth and a substantially larger customer base compared to previous years. The company achieved total revenue of $260.4 million, marking an increase from $226.7 million in 2018.

2 KPIs2 risks
$64.5M
Revenue · +7.1% YoY
Op. margin -20.9%
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Q3 FY2019
Quarter ended Sep 2019

Appian's Q3 FY2019 presents several noteworthy points. First, the company continues to expand internationally, although there is still significant room for growth. Revenue from customers outside the United States accounted for 32.5% of total revenue in Q3 2019, up from 29.1% the previous year.

1 KPIs
$69.4M
Revenue · +26.3% YoY
Op. margin -14.9%
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Q2 FY2019
Quarter ended Jun 2019

Appian, a provider of a low-code software development platform, continues to focus on expanding its customer base and further penetrating existing accounts.

1 KPIs
$66.9M
Revenue · +11.7% YoY
Op. margin -13.9%
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Q1 FY2019
Quarter ended Mar 2019

Appian operates a low-code software development platform that allows for the creation of business applications with minimal coding. This quarter, the company reported subscription revenue of $33.6 million, representing a significant part of their total income.

2 KPIs
$59.6M
Revenue · +15.3% YoY
Op. margin -29.2%
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Q4 FY2018
Quarter ended Dec 2018

Appian reported significant growth in fiscal year 2018; however, the company faces various challenges that may impact its future performance.

3 risks
$60.2M
Revenue · +19.1% YoY
Op. margin -22.1%
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Q3 FY2018
Quarter ended Sep 2018

Appian Corporation (APPN) experienced notable developments in its fiscal 2018 Q3, reflecting both growth opportunities and some strategic challenges. The MD&A section of the 10-Q filing reveals several key aspects that stand out.

1 KPIs
$54.9M
Revenue · +23.1% YoY
Op. margin -27.1%
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Q2 FY2018
Quarter ended Jun 2018

Appian Corporation, a leader in providing a low-code software development platform, ended the second quarter of 2018 without any significant changes to its risk factors, as outlined in previous filings.

$59.9M
Revenue · +182.7% YoY
Op. margin -13.8%
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Q1 FY2018
Quarter ended Mar 2018

Appian Corporation's Q1 2018 seems to have been a period of strategic development despite a lack of significant financial updates or new risk factors highlighted in their filings.

$51.7M
Revenue
Op. margin -19.8%
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Q4 FY2017
Quarter ended Dec 2017

Appian displayed vigorous growth in fiscal year 2017, with revenue reaching $176.7 million, up from $132.9 million in 2016, largely driven by subscription sales and strategic partnerships.

1 KPIs3 risks
$50.6M
Revenue
Op. margin -13.8%
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Q3 FY2017
Quarter ended Sep 2017

Appian's latest quarter reflects its ongoing efforts to expand and solidify its position in the low-code software development market. The company emphasizes its commitment to driving market adoption of its platform, capitalizing on the current trends in digital transformation across various industries.

2 risks
$44.6M
Revenue
Op. margin -14.6%
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Q2 FY2017
Quarter ended Jun 2017

Appian, a provider of a leading low-code software development platform as a service, has undergone significant developments in Q2 FY2017. The company went public in May 2017, securing net proceeds of $77.8 million from its IPO.

2 risks
$21.2M
Revenue
Op. margin -70.0%
Read report →

Summaries, guidance, risks and KPIs are generated from the company's SEC filings (10-Q / 10-K and the 8-K earnings release) and checked against the reported XBRL figures. They can contain errors; the filings are authoritative.