APPIAN CORP
For the period ended Dec 31, 2024. Filed Feb 19, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 19, 2025
APPN$51.15-0.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except per share data)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue | |||
| Subscriptions | $490,568 | $412,337 | $340,152 |
| Professional services | 126,454 | 133,026 | 127,839 |
| Total revenue | 617,022 | 545,363 | 467,991 |
| Cost of revenue | |||
| Subscriptions | 53,487 | 43,563 | 36,005 |
| Professional services | 96,692 | 99,759 | 97,301 |
| Total cost of revenue | 150,179 | 143,322 | 133,306 |
| Gross profit | 466,843 | 402,041 | 334,685 |
| Operating expenses | |||
| Sales and marketing | 230,885 | 242,381 | 220,374 |
| Research and development | 154,977 | 153,098 | 139,210 |
| General and administrative | 141,834 | 114,535 | 120,111 |
| Total operating expenses | 527,696 | 510,014 | 479,695 |
| Operating loss | (60,853) | (107,973) | (145,010) |
| Other non-operating expense | |||
| Other expense (income), net | 6,773 | (17,603) | 3,545 |
| Interest expense | 23,582 | 17,862 | 1,673 |
| Total other non-operating expense | 30,355 | 259 | 5,218 |
| Loss before income taxes | (91,208) | (108,232) | (150,228) |
| Income tax expense | 1,054 | 3,209 | 692 |
| Net loss | $(92,262) | $(111,441) | $(150,920) |
| Net loss per share: | |||
| Basic and diluted | $(1.26) | $(1.52) | $(2.08) |
| Weighted average common shares outstanding: | |||
| Basic and diluted | 72,988 | 73,102 | 72,455 |
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