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.
Total revenue for Q1 2025 was $166.4 million, an 11% increase year-over-year.
Cloud subscriptions revenue grew 15% year-over-year to $99.8 million.
GAAP net loss narrowed significantly to $(1.2) million compared to $(32.9) million in Q1 2024.
Adjusted EBITDA was positive at $16.8 million, a substantial improvement from a loss of $(1.3) million in Q1 2024.
For the second quarter of 2025, Appian expects cloud subscriptions revenue between $101.0 million and $103.0 million, total revenue between $158.0 million and $162.0 million, and adjusted EBITDA between $(5.0) million and $(2.0) million. For the full year 2025, cloud subscriptions revenue is expected between $419.0 million and $423.0 million, total revenue between $680.0 million and $688.0 million, and non-GAAP net income per share between $0.18 and $0.26.
Visualization of income flow from segment revenue to net income