Company: APPN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001441683-25-000068
Chunk: 51

Company: APPIAN CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 51
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 personnel costs increased due to higher bonus expense, while information technology costs increased primarily due to a $0.4 million increase in cloud computing services spend.

General and Administrative Expense

Three Months Ended September 30,20252024$ Change% Change(dollars in thousands)General and administrative$36,416$34,688$1,728 5.0 %% of revenue19.5 %22.5 %

General and administrative expense increased $1.7 million, or 5%, in the three months ended September 30, 2025 compared to the same period in 2024 primarily due to a $1.3 million increase in general and administrative personnel costs and a $1.0 million increase in rent expense. These increases were partially offset by a $0.8 million decrease in insurance expense. Personnel costs increased due to an increase in headcount from September 30, 2024 to September 30, 2025 coupled with higher bonus expense and a $0.6 million increase in stock compensation expense. Rent expense increased due to $0.8 million of lease impairment charges. Insurance expense decreased due to a $0.5 million decrease in amortization of the judgment preservation insurance policy. 

Other Income, Net

Three Months Ended September 30,20252024$ Change% Change(dollars in thousands)Other income, net$(1,398)$(12,544)$11,146 (88.9)%% of revenue(0.7)%(8.1)%

Other income, net was $1.4 million in the three months ended September 30, 2025 compared to other income, net of $12.5 million in the three months ended September 30, 2024. This change was primarily due to $0.3 million in foreign exchange losses in the three months ended September 30, 2025 as compared to $9.2 million in foreign exchange gains in the three months ended September 30, 2024, in addition to a $1.8 million decrease in other income attributable to short-swing profit disgorgement payments to us from a public stockholder of our Class A common stock during the three months ended September 30, 2024.

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Interest Expense

Three Months Ended September 30,20252024$ Change% Change(dollars in thousands)Interest expense$5,311$6,168$(857)(