Appian Corporation (APPN) Income Statement
APPN 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsAPPN revenue and net income
Where APPN's revenue goes
2025Each bar shows an amount and its share of revenue. APPN kept 0.2% of revenue as net income.
APPN profit margins
APPN growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +17.8% | +15.8% | +19.0% | +20.7% |
| Gross profit | +13.0% | +16.4% | +19.6% | +23.7% |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
APPN quarterly EPS vs estimates
Appian beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.16).
APPN income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $726.9M | $617.0M | $545.4M | $468.0M | $369.3M | $304.6M | $260.4M | $226.7M | $176.7M | $132.9M |
| Cost of revenue | $199.6M | $150.2M | $143.3M | $133.3M | $104.1M | $88.8M | $93.8M | $84.9M | $64.6M | $50.1M |
| Gross profit | $527.3M | $466.8M | $402.0M | $334.7M | $265.2M | $215.8M | $166.5M | $141.8M | $112.1M | $82.8M |
| Research & development | $172.2M | $155.0M | $153.1M | $139.2M | $97.5M | $70.2M | $58.0M | $44.7M | $34.8M | $23.0M |
| Sales, general & admin | $354.5M | $372.7M | $356.9M | $340.5M | $251.6M | $183.5M | $158.9M | $143.8M | $109.1M | $71.2M |
| Total operating expenses | $526.7M | $527.7M | $510.0M | $479.7M | $349.1M | $253.7M | $217.0M | $188.5M | $144.0M | $94.2M |
| Operating income | $609,000 | −$60.9M | −$108.0M | −$145.0M | −$83.9M | −$37.9M | −$50.5M | −$46.7M | −$31.8M | −$11.4M |
| Interest income | — | — | — | — | — | — | $367,000 | $198,000 | $473,000 | $982,000 |
| Interest expense | $20.9M | $23.6M | $17.9M | $1.7M | $372,000 | $478,000 | $367,000 | $198,000 | $473,000 | $982,000 |
| Income before taxes | $6.4M | −$91.2M | −$108.2M | −$150.2M | −$87.9M | −$32.6M | −$49.9M | −$49.2M | −$30.2M | −$14.1M |
| Income taxes | $5.2M | $1.1M | $3.2M | $692,000 | $778,000 | $883,000 | $820,000 | $239,000 | $761,000 | −$1.7M |
| Net income | $1.2M | −$92.3M | −$111.4M | −$150.9M | −$88.6M | −$33.5M | −$50.7M | −$49.5M | −$31.0M | −$12.5M |
| EBITDA | $37.0M | −$57.6M | −$80.9M | −$141.3M | −$81.7M | −$26.3M | −$44.8M | −$47.0M | −$28.9M | −$12.4M |
| EPS (diluted) | $0.46 | −$0.53 | −$0.80 | −$1.23 | −$0.68 | −$0.32 | −$0.51 | −$0.53 | −$0.30 | −$0.23 |
| Gross margin | 72.5% | 75.7% | 73.7% | 71.5% | 71.8% | 70.9% | 64.0% | 62.5% | 63.5% | 62.3% |
| Operating margin | 0.1% | −9.9% | −19.8% | −31.0% | −22.7% | −12.4% | −19.4% | −20.6% | −18.0% | −8.6% |
| Net margin | 0.2% | −15.0% | −20.4% | −32.2% | −24.0% | −11.0% | −19.5% | −21.8% | −17.5% | −9.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $203.3M | $202.2M | $202.9M | $187.0M | $170.6M | $166.4M | $166.7M | $154.1M | $146.4M | $149.8M | $145.3M | $137.1M |
| Cost of revenue | $58.5M | $54.4M | $55.9M | $45.3M | $43.9M | $38.9M | $35.7M | $37.1M | $39.4M | $38.0M | $34.3M | $36.1M |
| Gross profit | $144.7M | $147.8M | $147.0M | $141.7M | $126.7M | $127.5M | $131.0M | $117.0M | $107.0M | $111.8M | $111.0M | $101.0M |
| Research & development | $47.3M | $46.3M | $45.1M | $40.3M | $40.3M | $39.5M | $37.2M | $38.6M | $39.4M | $39.8M | $34.6M | $37.1M |
| Sales, general & admin | $102.9M | $98.3M | $102.5M | $88.3M | $97.4M | $88.8M | $88.8M | $85.6M | $106.8M | $91.6M | $93.2M | $79.1M |
| Total operating expenses | $150.2M | $144.6M | $147.7M | $128.6M | $137.7M | $128.3M | $126.0M | $124.1M | $146.2M | $131.4M | $127.8M | $116.2M |
| Operating income | −$5.4M | $3.2M | −$687,000 | $13.1M | −$11.0M | −$834,000 | $5.0M | −$7.2M | −$39.2M | −$19.5M | −$16.8M | −$15.2M |
| Interest expense | $3.8M | $4.2M | $4.9M | $5.3M | $5.3M | $5.3M | $5.7M | $6.2M | $6.1M | $5.6M | $5.1M | $4.9M |
| Income before taxes | −$10.0M | −$932,000 | −$3.6M | $9.2M | $1.3M | −$436,000 | −$13.3M | −$781,000 | −$43.8M | −$33.4M | −$8.9M | −$22.1M |
| Income taxes | $1.8M | $593,000 | $1.5M | $1.4M | $1.6M | $741,000 | $364,000 | $1.3M | −$164,000 | −$465,000 | $1.1M | $178,000 |
| Net income | −$11.8M | −$1.5M | −$5.1M | $7.8M | −$312,000 | −$1.2M | −$13.6M | −$2.1M | −$43.6M | −$32.9M | −$10.0M | −$22.3M |
| EBITDA | −$3.8M | $5.5M | $3.6M | $17.0M | $9.1M | $7.3M | −$5.1M | $7.9M | −$35.1M | −$25.4M | −$1.4M | −$14.8M |
| EPS (diluted) | −$0.01 | $0.27 | $0.15 | $0.32 | −$0.14 | $0.13 | −$0.18 | $0.15 | −$0.26 | −$0.24 | $0.06 | −$0.20 |
| Gross margin | 71.2% | 73.1% | 72.4% | 75.8% | 74.3% | 76.6% | 78.6% | 75.9% | 73.1% | 74.6% | 76.4% | 73.7% |
| Operating margin | −2.7% | 1.6% | −0.3% | 7.0% | −6.4% | −0.5% | 3.0% | −4.6% | −26.8% | −13.0% | −11.6% | −11.1% |
| Net margin | −5.8% | −0.8% | −2.5% | 4.2% | −0.2% | −0.7% | −8.2% | −1.4% | −29.8% | −22.0% | −6.9% | −16.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in APPN's financial statements (latest annual report filed February 19, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
APPN financial results
In fiscal year 2025 (ended December 31, 2025), Appian reported revenue of $726.9 million, up 17.8% from the year before. It had net income of $1.2 million, a net profit margin of 0.2%. Diluted earnings per share came to $0.46. Over five years revenue grew at an average rate of 19.0% a year.
See the APPN stock overview for the latest quote and news, or the APPN chart for price history and technical indicators.
APPN income statement FAQ
What is Appian's annual revenue?
Appian reported total revenue of $726.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 17.8% from $617.0 million the previous year.
Is Appian profitable?
Yes. Appian reported net income of $1.2 million in fiscal 2025, a net profit margin of 0.2%; its operating margin was 0.1%.
What is Appian's gross margin?
Appian's gross margin was 72.5% in fiscal 2025: for every $100 of revenue, Appian kept $73 after the direct cost of its products and services.
How much does Appian spend on research and development?
Appian spent $172.2 million on research and development in fiscal 2025, 23.7% of revenue.
How fast is Appian growing?
Revenue grew 19.0% a year on average over the last five fiscal years, from $304.6 million to $726.9 million.
What are Appian's earnings per share?
Appian earned $0.46 per diluted share in fiscal 2025, compared with $-0.53 a year earlier.
When will Appian report its next earnings?
Appian is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does Appian's fiscal year end?
Appian's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 19, 2026.