APPIAN CORP

For the period ended Dec 31, 2025. Filed Feb 19, 2026.

About this filing

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.

FY2025 · Filed Feb 19, 2026

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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Contents

Consolidated Statements of Operations

(in thousands, except per share data)

	Year Ended December 31,
	2025	2024	2023
Revenue
Subscriptions	$576,462	$490,568	$412,337
Professional services	150,475	126,454	133,026
Total revenue	726,937	617,022	545,363
Cost of revenue
Subscriptions	83,988	65,680	54,900
Professional services	115,611	102,560	105,442
Total cost of revenue	199,599	168,240	160,342
Gross profit	527,338	448,782	385,021
Operating expenses
Sales and marketing	241,186	238,454	249,968
Research and development	172,188	163,400	160,420
General and administrative	113,355	107,781	82,606
Total operating expenses	526,729	509,635	492,994
Operating income (loss)	609	(60,853)	(107,973)
Other non-operating (income) expense
Other (income) expense, net	(26,685)	6,773	(17,603)
Interest expense	20,850	23,582	17,862
Total other non-operating (income) expense	(5,835)	30,355	259
Income (loss) before income taxes	6,444	(91,208)	(108,232)
Income tax expense	5,211	1,054	3,209
Net income (loss)	$1,233	$(92,262)	$(111,441)
Earnings (loss) per Class A and Class B share:
Basic	$0.02	$(1.26)	$(1.52)
Diluted	$0.02	$(1.26)	$(1.52)
Weighted average common shares outstanding:
Basic	74,049	72,988	73,102
Diluted	74,649	72,988	73,102

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.