Company: APPN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001441683-25-000068
Chunk: 104

Company: APPIAN CORP
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 104
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0 100.0 Cost of revenueSubscriptions9.5 9.1 9.5 8.8 Professional services14.7 14.9 14.9 16.6 Total cost of revenue*24.2 24.1 24.4 25.4 Gross profit75.8 75.9 75.6 74.6 Operating expensesSales and marketing27.8 33.0 31.9 39.0 Research and development21.5 25.0 22.9 26.2 General and administrative19.5 22.5 20.5 24.1 Total operating expenses*68.8 80.6 75.3 89.2 Operating income (loss)*7.0 (4.6)0.2 (14.6)Other non-operating expense (income) Other income, net(0.7)(8.1)(4.7)(1.3)Interest expense2.8 4.0 3.0 4.0 Total other non-operating expense (income)2.1 (4.1)(1.7)2.7 Income (loss) before income taxes4.9 (0.5)1.9 (17.3)Income tax expense0.7 0.9 0.7 0.2 Net income (loss)4.2 %(1.4)%1.2 %(17.5)%

* Totals may not foot due to rounding.

Comparison of the Three Months Ended September 30, 2025 and 2024

Revenue

Three Months Ended September 30,20252024$ Change% Change(dollars in thousands)RevenueSubscriptions$147,188 $123,121 $24,067 19.5 %Professional services39,816 30,931 8,885 28.7 Total revenue$187,004 $154,052 $32,952 21.4 %

Total revenue increased $33.0 million, or 21%, in the three months ended September 30, 2025 compared to the same period in 2024 due to an increase in our subscriptions revenue of $24.1 million coupled with an increase in our professional services revenue of $8.9 million. The increase in subscriptions revenue was driven