Appian (APPN) Financial Statements & Analysis

Appian (APPN) Income Statement

Appian reported revenue of $726.94M in fiscal 2025 (fiscal year ended Dec 31, 2025), up 17.8% from $617.02M a year earlier. Net income was $1.23M, down 99.7% year over year, a net margin of 0.2%. Gross margin was 72.5% and operating margin 0.1%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $203.26M, up 19.1% from the same quarter a year earlier.

Appian Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Appian Corporation income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Revenue & Gross Profit
Revenue	726.94	617.02	545.36	467.99	369.26	304.57	260.35	226.74	176.74
Cost of Revenue	199.60	166.84	160.15	133.31	104.09	88.77	93.84	84.93	64.60
Gross Profit	527.34	448.78	385.02	334.69	265.17	215.81	166.51	141.82	112.14
Operating Expenses
Research & Development	172.19	163.40	159.40	139.21	97.52	70.24	58.04	44.72	34.84
Selling, General & Administrative	354.54	332.04	329.55	340.49	251.56	183.47	158.94	143.81	109.12
Operating Expenses	526.73	0.00	0.00	479.70	349.07	253.71	216.98	188.54	143.95
Operating Income	0.61	448.78	385.02	-145.01	-83.91	-37.90	-50.47	-46.72	-31.81
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	20.85	-23.58	-17.86	-1.67	0.37	0.48	0.37	0.20	0.47
Other Income/Expense	26.69	6.77	-17.60	1.87	-3.96	5.31	0.57	-2.49	1.57
Income
Income Before Tax	6.44	-91.21	-108.23	-150.23	-87.86	-32.59	-49.89	-49.21	-30.25
Income Tax Expense	5.21	1.05	3.21	0.69	0.78	0.88	0.82	0.24	0.76
Net Income	1.23	454.50	364.21	-150.92	-88.64	-33.48	-50.71	-49.45	-31.01
Net Income - Continuous Operations	1.23	-92.26	-111.44	-150.92	-88.64	-33.48	-50.71	-49.45	-31.01
Net Income - Discontinued Operations	-	-	-	-	-	-	-	-	-
EBITDA	37.00	-35.23	-94.27	-137.71	-81.75	-26.27	-44.79	-46.99	-28.89
EBIT	27.29	-45.26	-103.74	-145.01	-87.49	-	-	-	-
Depreciation & Amortization	9.71	10.03	9.47	7.30	5.74	5.85	4.74	2.02	0.89
Earnings Per Share
Basic EPS	-	-1.00	-2.00	-2.00	-1.00	-	-1.00	-1.00	-1.00
Diluted EPS	-	-1.00	-2.00	-2.00	-1.00	-	-1.00	-1.00	-1.00
Basic Shares Outstanding	74.65	72.99	73.10	72.46	71.04	69.05	65.48	62.14	49.53
Diluted Shares Outstanding	74.65	72.99	73.10	72.46	71.04	69.05	65.48	62.14	49.53

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Appian Financial Statements

What was Appian's revenue in fiscal 2025?

Appian reported revenue of $726.94M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was up 17.8% from $617.02M a year earlier.

Is Appian profitable?

Yes. Appian earned net income of $1.23M in fiscal 2025, a net margin of 0.2%. In fiscal 2024 it earned $454.50M.

What is Appian's operating margin?

Appian's operating income was $609.00K on revenue of $726.94M in fiscal 2025, an operating margin of 0.1%, compared with 72.7% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition