Company: APPN
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001441683-25-000053
Chunk: 9

Company: APPIAN CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 1
Chunk 9
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, respectively4 4 Class B common stock—par value 0.0001; 100,000,000 shares authorized as of June 30, 2025 and December 31, 2024 and 31,088,085 and 31,090,085 shares issued as of June 30, 2025 and December 31, 2024, respectively3 3 Treasury stock at cost, 313,160 shares as of June 30, 2025(10,000)— Additional paid-in capital605,084 591,281 Accumulated other comprehensive loss(35,189)(11,774)Accumulated deficit(613,643)(612,154)Total stockholders’ deficit(53,741)(32,640)Total liabilities and stockholders’ deficit$590,748 $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 June 30,Six Months Ended June 30,2025202420252024RevenueSubscriptions$132,657 $112,974 $267,009 $230,668 Professional services37,983 33,476 70,057 65,617 Total revenue170,640 146,450 337,066 296,285 Cost of revenueSubscriptions17,154 13,262 32,048 25,532 Professional services26,767 26,151 50,791 51,878 Total cost of revenue43,921 39,413 82,839 77,410 Gross profit126,719 107,037 254,227 218,875 Operating expensesSales and marketing60,458 66,592 115,011 124,748 Research and development40,347 39,446 79,864 79,217 General and administrative36,898 40,193 71,170 73,639 Total operating expenses137,703 146,231 266,045 277,604 Operating loss(10,984)(39,194)(11,818)(58,729)Other non-operating (income) expenseOther (income) expense, net(17,564)(1,545)(23,280)6,662