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

Company: APPIAN CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 10
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, respectively4 4 Class B common stock—par value $0.0001; 100,000,000 shares authorized as of September 30, 2025 and December 31, 2024 and 31,088,085 and 31,090,085 shares issued as of September 30, 2025 and December 31, 2024, respectively3 3 Treasury stock at cost, 639,751 shares as of September 30, 2025(20,000)— Additional paid-in capital612,488 591,281 Accumulated other comprehensive loss(35,221)(11,774)Accumulated deficit(605,818)(612,154)Total stockholders’ deficit(48,544)(32,640)Total liabilities and stockholders’ deficit$611,735 $621,039 

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

3

APPIAN CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS

(unaudited, in thousands, except per share data)

Three Months Ended September 30,Nine Months Ended September 30,2025202420252024RevenueSubscriptions$147,188 $123,121 $414,197 $353,789 Professional services39,816 30,931 109,873 96,548 Total revenue187,004 154,052 524,070 450,337 Cost of revenueSubscriptions17,762 14,082 49,810 39,614 Professional services27,531 23,002 78,322 74,880 Total cost of revenue45,293 37,084 128,132 114,494 Gross profit141,711 116,968 395,938 335,843 Operating expensesSales and marketing51,918 50,865 166,929 175,613 Research and development40,263 38,572 120,127 117,789 General and administrative36,416 34,688 107,586 108,327 Total operating expenses128,597 124,125 394,642 401,729 Operating income (loss)13,114 (7,157)1,296 (65,886)Other non-operating expense (income) Other income, net(1,398)(12,544)(24,678)(5,882