Appian delivered robust financial performance in Q2 2025, with total revenue increasing 17% year-over-year to $170.6 million. The company significantly reduced its GAAP operating loss and net loss, achieving non-GAAP operating income and net income, and a positive Adjusted EBITDA, indicating improved operational efficiency and profitability.
Appian demonstrated strong earnings potential in Q1 2025 with narrowing GAAP net losses, the third consecutive quarter of positive adjusted EBITDA, and significant operating cash flow. Total revenue increased 11% year-over-year, driven by a 14% increase in total subscriptions revenue.
Appian's Q4 2024 revenue increased by 15% year-over-year to $166.7 million, driven by 19% growth in cloud subscription revenue. The company reported a GAAP operating income of $5.0 million, a significant improvement from the prior year's loss. However, GAAP net loss widened to $13.6 million due to foreign currency exchange losses.
Appian announced its Q3 2024 financial results, reporting a 12% increase in total revenue year-over-year to $154.1 million and a 22% increase in cloud subscription revenue to $94.1 million. The company's GAAP operating loss improved to $(7.2) million, and non-GAAP operating income was $8.3 million. Appian now projects positive adjusted EBITDA for the full year 2024.
Appian announced its Q2 2024 financial results, highlighting a 19% year-over-year increase in cloud subscription revenue to $88.4 million. The company is focused on accelerating its path to profitability and expects to achieve adjusted EBITDA breakeven for the full year 2024.
Appian's first quarter 2024 results showed a revenue of $149.8 million, up 11% year-over-year. Cloud subscription revenue increased 24% year-over-year to $86.6 million. The GAAP operating loss was reduced to $(19.5) million, compared to $(35.3) million for the first quarter of 2023.
Appian reported a 16% increase in total revenue, reaching $145.3 million, with cloud subscription revenue up by 26% year-over-year. The company significantly reduced its operating loss and achieved its highest quarterly gross margin in its public history.
Appian announced its Q3 2023 financial results, with total revenue reaching $137.1 million, a 16% increase year-over-year. Cloud subscription revenue grew by 27% to $77.2 million. The company's GAAP operating loss improved to $(15.2) million, and the cloud subscription revenue retention rate was 117%.
Appian announced its Q2 2023 financial results, featuring a 30% year-over-year increase in cloud subscription revenue, reaching $74.4 million. Total revenue increased by 16% compared to the second quarter of 2022. The company's GAAP net loss was $(42.4) million, an improvement over the $(49.4) million net loss in the same period last year.
Appian's Q1 2023 saw a 31% increase in cloud subscription revenue, reaching $69.7 million. Total revenue was $135.2 million, up 18% year-over-year. The company reported a GAAP net loss of $(36.8) million, or $(0.51) per share, and a non-GAAP net loss of $(19.7) million, or $(0.27) per share.
Appian announced its Q4 and full year 2022 financial results, with cloud subscription revenue increasing by 29% year-over-year for the quarter and 32% for the full year. Total revenue for the quarter increased by 20% compared to the fourth quarter of 2021.
Appian's Q3 2022 total revenue exceeded guidance, with cloud subscription revenue increasing by 30% year-over-year to $60.6 million. However, the adjusted EBITDA loss was higher due to pull forward hiring and a sharp drop in attrition.
Appian reported a 33% increase in total revenue, driven by a 34% increase in cloud subscription revenue. The company's cloud subscription revenue retention rate was 116%. However, the company experienced an increased GAAP operating loss and net loss compared to the same quarter of the previous year.
Appian announced its Q1 2022 financial results, reporting a 29% increase in total revenue, driven by a 37% increase in cloud subscription revenue. The company exceeded its guidance for the quarter and saw a strong community turnout at its annual conference.
Appian's Q4 2021 saw a 39% increase in cloud subscription revenue, reaching $51.2 million. Total revenue grew by 29% to $105.0 million. The cloud subscription revenue retention rate was 116%. However, the company reported a GAAP net loss of $25.8 million, or $(0.36) per share.
Appian reported a 20% increase in total revenue to $92.4 million for Q3 2021. Cloud subscription revenue grew by 36% year-over-year, reaching $46.7 million. The company's cloud subscription revenue retention rate was 117%.
Appian's Q2 2021 saw a 44% year-over-year increase in cloud subscription revenue, reaching $42.5 million. The company's total revenue was $83.0 million, a 24% increase compared to the previous year. They also announced the acquisition of a process mining firm, unifying process mining and low-code automation within their platform.
Appian announced its Q1 2021 financial results, exceeding guidance with a 38% increase in cloud subscription revenue and a new high for gross profit margin. Total revenue increased by 13% year-over-year. The company reported a GAAP net loss of $(13.6) million, or $(0.19) per share, and a non-GAAP net loss of $(4.0) million, or $(0.06) per share.
Appian announced its Q4 and full year 2020 financial results, with Q4 cloud subscription revenue increasing by 40% year-over-year to $36.9 million. Total revenue for the quarter was $81.6 million, a 19% increase compared to the same period in the previous year. The cloud subscription revenue retention rate was 119% as of December 31, 2020.
Appian announced its Q3 2020 financial results, reporting a 17% increase in total revenue to $77.3 million and a 40% increase in cloud subscription revenue to $34.3 million. The company's GAAP net loss was $(3.6) million, or $(0.05) per share, while non-GAAP net loss was $(34,000), or $(0.00) per share. Appian exceeded its guidance and reached an all-time high for gross profit margin.
Appian announced its Q2 2020 financial results, with cloud subscription revenue increasing by 30% year-over-year to $29.6 million. Total revenue grew by 2% year-over-year to $66.8 million. The company's cloud subscription revenue retention rate was 113%. GAAP operating loss was $(12.1) million, and GAAP net loss was $(11.8) million, or $(0.17) per share.
Appian's Q1 2020 saw a 31% year-over-year increase in total revenue, reaching $78.9 million, with subscriptions revenue growing by 46% to $50.4 million. The company reported a GAAP net loss of $11.7 million, or $0.17 per share, and a non-GAAP net loss of $8.2 million, or $0.12 per share. Cloud subscription revenue retention rate was 115% as of March 31, 2020.
Appian's Q4 2019 total revenue was $68.6 million, with cloud subscription revenue reaching $26.4 million. The cloud subscription revenue retention rate was 115%. GAAP net loss per share was $(0.16).