Company: APPN
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001441683-25-000017
Chunk: 111

Company: APPIAN CORP
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 111
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 accompanying notes are an integral part of these consolidated financial statements.

70

APPIAN CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except per share data)

Year Ended December 31,202420232022RevenueSubscriptions$490,568 $412,337 $340,152 Professional services126,454 133,026 127,839 Total revenue617,022 545,363 467,991 Cost of revenueSubscriptions53,487 43,563 36,005 Professional services96,692 99,759 97,301 Total cost of revenue150,179 143,322 133,306 Gross profit466,843 402,041 334,685 Operating expensesSales and marketing230,885 242,381 220,374 Research and development154,977 153,098 139,210 General and administrative141,834 114,535 120,111 Total operating expenses527,696 510,014 479,695 Operating loss(60,853)(107,973)(145,010)Other non-operating expenseOther expense (income), net6,773 (17,603)3,545 Interest expense23,582 17,862 1,673 Total other non-operating expense30,355 259 5,218 Loss before income taxes(91,208)(108,232)(150,228)Income tax expense1,054 3,209 692 Net loss$(92,262)$(111,441)$(150,920)Net loss per share:Basic and diluted$(1.26)$(1.52)$(2.08)Weighted average common shares outstanding:Basic and diluted72,988 73,102 72,455 

The accompanying notes are an integral part of these consolidated financial statements.

71

APPIAN CORPORATION

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(in thousands)

Year Ended December 31,202420232022Net loss$(92,262)$(111,441)$(150,920)Comprehensive loss, net of income taxesForeign currency translation adjustments11,718 (16,326)(1,559)Unrealized gains on available-for-sale securities63 17 — Other comprehensive loss, net of income taxes$(80,481)$(127,750)$(152,479)

The accompanying notes are an integral part of