Company: APPN
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001441683-25-000053
Chunk: 71

Company: APPIAN CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Item 8
Chunk 71
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. We are currently evaluating the impact this standard will have on our financial statement presentation and disclosures. 

11

3. RevenueRevenue Recognition We generate subscriptions revenue primarily through the sale of cloud subscriptions bundled with maintenance and support and hosting services as well as term license subscriptions bundled with maintenance and support. We generate professional services revenue from fees for our consulting services, including application development and deployment assistance as well as training related to our platform.The following table summarizes revenue recorded during the three and six months ended June 30, 2025 and 2024 (in thousands):Three Months Ended June 30,Six Months Ended June 30,2025202420252024Cloud subscriptions$106,915 $88,428 $206,741 $175,031 Term license subscriptions17,703 17,227 44,617 40,998 Maintenance and support8,039 7,319 15,651 14,639 Total subscriptions132,657 112,974 267,009 230,668 Professional services37,983 33,476 70,057 65,617 Total revenue$170,640 $146,450 $337,066 $296,285 Performance Obligations and Timing of Revenue RecognitionWe primarily sell products and services that fall into the categories discussed below. Each category contains one or more performance obligations that are either (1) capable of being distinct (i.e., the customer can benefit from the product or service on its own or together with readily available resources, including those purchased separately from us) and distinct within the context of the contract (i.e., separately identified from other promises in the contract) or (2) a series of distinct products or services that are substantially the same and have the same pattern of transfer to the customer. Our term license subscriptions are delivered at a point in time while our cloud subscriptions, maintenance and support, and professional services are delivered over time.Subscriptions Revenue Subscriptions revenue is primarily related to (1) cloud subscriptions bundled with maintenance and support and hosting services and (2) term license subscriptions bundled with maintenance and support. We generally charge subscription fees on a per-user basis or through non-user-based single application licenses. We bill customers and collect payment for subscriptions to our platform in advance on an annual, quarterly, or monthly basis. In certain instances, our customers have paid their entire contract up front. Cloud Subscriptions We generate cloud-based subscriptions revenue primarily from the sales of subscriptions to access our cloud offering, together