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    Appian Announces First Quarter 2025 Financial Results

    5/8/25 7:05:00 AM ET
    $APPN
    Computer Software: Prepackaged Software
    Technology
    Get the next $APPN alert in real time by email

    MCLEAN, Va., May 08, 2025 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced financial results for the first quarter ended March 31, 2025.

    "In Q1, Appian continued to demonstrate our earnings potential, with narrowing net losses, our third straight quarter of positive adjusted EBITDA, and $45 million in operating cash flow," said Matt Calkins, CEO & Founder.

    First Quarter 2025 Financial Highlights:

    • Revenue: Cloud subscriptions revenue was $99.8 million, up 15% compared to the first quarter of 2024. Total subscriptions revenue, which includes sales of our cloud subscriptions, on-premises term license subscriptions, and maintenance and support, increased 14% year-over-year to $134.4 million. Professional services revenue was $32.1 million, flat compared to the first quarter of 2024. Total revenue was $166.4 million, up 11% compared to the first quarter of 2024. Cloud subscriptions revenue retention rate was 112% as of March 31, 2025.
    • Operating loss and non-GAAP operating income (loss): GAAP operating loss was $(0.8) million, compared to GAAP operating loss of $(19.5) million for the first quarter of 2024. Non-GAAP operating income was $14.3 million, compared to non-GAAP operating loss of $(3.7) million for the first quarter of 2024.
    • Net loss and non-GAAP net income (loss): GAAP net loss was $(1.2) million, compared to $(32.9) million for the first quarter of 2024. GAAP net loss per share was $(0.02) for the first quarter of 2025, compared to $(0.45) for the first quarter of 2024. Non-GAAP net income was $9.8 million, compared to non-GAAP net loss of $(6.8) million for the first quarter of 2024. Non-GAAP net income per diluted share was $0.13, compared to the $(0.09) net loss per share for the first quarter of 2024.
    • Adjusted EBITDA: Adjusted EBITDA was $16.8 million, compared to adjusted EBITDA loss of $(1.3) million for the first quarter of 2024.
    • Cash flows: Net cash provided by operating activities was $45.0 million for the three months ended March 31, 2025 compared to $18.9 million of net cash provided by operating activities for the same period in 2024.

    A reconciliation of GAAP to non-GAAP financial measures has been provided in the tables following the financial statements in this press release. An explanation of these measures is also included below under the heading "Non-GAAP Financial Measures."

    Recent Business Highlights:

    • Appian Congratulates 2025 Partner Award Winners for Delivering Impact with AI and Process Orchestration
    • Appian Celebrates 2025 Innovation Award Winners
    • Appian Embeds Agentic AI into Business Processes to Deliver Scalable, Governable Enterprise Value
    • Appian Secures the Government's Most Sensitive Civilian Data with FedRAMP® High Authorization for Appian Government Cloud
    • Appian Appoints Serge Tanjga as Chief Financial Officer
    • Appian Unveils Latest Platform Release for Faster, More Powerful Data Fabric and AI Experience

    Financial Outlook:

    As of May 8, 2025, guidance for 2025 is as follows:

    • Second Quarter 2025 Guidance:
      • Cloud subscriptions revenue is expected to be between $101.0 million and $103.0 million, representing year-over-year growth of 14% to 16%.
      • Total revenue is expected to be between $158.0 million and $162.0 million, representing a year-over-year increase of 8% to 11%.
      • Adjusted EBITDA is expected to be between $(5.0) million and $(2.0) million.
      • Non-GAAP net loss per share is expected to be between $(0.15) and $(0.11), assuming weighted average common shares outstanding of 74.8 million.
    • Full Year 2025 Guidance:
      • Cloud subscriptions revenue is expected to be between $419.0 million and $423.0 million, representing year-over-year growth of 14% to 15%.
      • Total revenue is expected to be between $680.0 million and $688.0 million, representing a year-over-year increase of 10% to 12%.
      • Adjusted EBITDA is expected to be between $40.0 million and $46.0 million.
      • Non-GAAP net income per share is expected to be between $0.18 and $0.26, assuming weighted average common shares outstanding of 75.1 million.

    Conference Call Details:

    Appian will host a conference call today, May 8, 2025, at 8:30 a.m. ET to discuss Appian's financial results for the first quarter ended March 31, 2025 and business outlook.

    To access the call, navigate to the following link(1). Once registered, participants can dial in using their phone with a dial in and PIN, or they can choose the Call Me option for instant dial to their phone. The live webcast of the conference call can also be accessed on the Investor Relations page of our website at https://investors.appian.com.

    About Appian

    Appian is The Process Company. We deliver a software platform that helps organizations run better processes that reduce costs, improve customer experiences, and gain a strategic edge. Committed to client success, we serve many of the world's largest companies across various industries. For more information, visit appian.com. (NASDAQ:APPN)

    Non-GAAP Financial Measures

    To supplement its consolidated financial statements, which are prepared and presented in accordance with GAAP, Appian provides investors with certain non-GAAP financial performance measures. Appian uses these non-GAAP financial performance measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. Appian's management believes these non-GAAP financial measures provide meaningful supplemental information regarding Appian's performance by excluding certain expenses that may not be indicative of our recurring core business operating results. Appian believes both management and investors benefit from referring to these non-GAAP financial measures in assessing Appian's performance and when planning, forecasting, and analyzing future periods. These non-GAAP financial measures also facilitate management's internal comparisons to historical performance as well as comparisons to competitors' operating results. Appian believes these non-GAAP financial measures are useful to investors both because (1) they allow for greater transparency with respect to measures used by management in its financial and operational decision-making and (2) they are used by Appian's institutional investors and the analyst community to help them analyze the health of Appian's business.

    The non-GAAP financial performance measures include the following: non-GAAP subscriptions cost of revenue, non-GAAP professional services cost of revenue, non-GAAP total cost of revenue, non-GAAP total operating expense, non-GAAP operating loss, non-GAAP income tax expense, non-GAAP net income (loss), and non-GAAP net income (loss) per share, basic and diluted. These non-GAAP financial performance measures exclude the effect of stock-based compensation expense, unrealized foreign exchange rate gains and losses, certain non-ordinary litigation-related expenses consisting of legal and other professional fees associated with the Pegasystems cases (net of insurance reimbursements), or Litigation Expense, amortization of the judgment preservation insurance policy, or JPI Amortization, severance costs related to involuntary reductions in our workforce, or Severance Costs, lease impairment and lease-related charges associated with actions taken to reduce the footprint of our leased office spaces, or Lease Impairment and Lease-Related Charges, and a short-swing profit disgorgement paid to us by a shareholder, or Short-Swing Profit Payment. While some of these items may be recurring in nature and should not be disregarded in the evaluation of our earnings performance, it is useful to exclude such items when analyzing current results and trends compared to other periods as these items can vary significantly from period to period depending on specific underlying transactions or events that may occur. Therefore, while we may incur or recognize these types of expenses in the future, we believe removing these items for purposes of calculating our non-GAAP financial measures provides investors with a more focused presentation of our ongoing operating performance.

    Appian also discusses adjusted EBITDA, a non-GAAP financial performance measure it believes offers a useful view of the overall operation of its businesses. The Company defines adjusted EBITDA as net loss before (1) other expense (income), net, (2) interest expense, (3) income tax expense, (4) depreciation expense and amortization of intangible assets, (5) stock-based compensation expense, (6) Litigation Expense, (7) JPI Amortization, and (8) Lease Impairment and Lease-Related Charges. The most directly comparable GAAP financial measure to adjusted EBITDA is net loss. Users should consider the limitations of using adjusted EBITDA, including the fact this measure does not provide a complete measure of our operating performance. Adjusted EBITDA is not intended to purport to be an alternative to net loss as a measure of operating performance or to cash flows from operating activities as a measure of liquidity.

    The presentation of these non-GAAP financial measures is not intended to be considered in isolation from, as a substitute for, or superior to the financial information prepared and presented in accordance with GAAP, and Appian's non-GAAP measures may be different from non-GAAP measures used by other companies. For more information on these non-GAAP financial measures, see the reconciliation of these non-GAAP financial measures to their nearest comparable GAAP measures at the end of this press release.

    Appian provides guidance ranges for non-GAAP net income (loss) per share and adjusted EBITDA; however, we are not able to reconcile these amounts to their comparable GAAP financial measures without unreasonable efforts because certain information necessary to calculate such measures on a GAAP basis is unavailable, subject to high variability, dependent on future events outside of our control, and cannot be predicted. In addition, Appian believes such reconciliations could imply a degree of precision that might be confusing or misleading to investors. The actual effect of the reconciling items that Appian may exclude from these non-GAAP expense numbers, when determined, may be significant to the calculation of the comparable GAAP measures.

    Forward-Looking Statements

    This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than statements of historical facts, including statements regarding Appian's future financial and business performance for the second quarter and full year 2025, future investment by Appian in its go-to-market initiatives, increased demand for the Appian Platform, market opportunity and plans and objectives for future operations, including Appian's ability to drive continued subscriptions revenue and total revenue growth, are forward-looking statements. The words "anticipate," "believe," "continue," "estimate," "expect," "intend," "may," "will," "plan," and similar expressions are intended to identify forward-looking statements. Appian has based these forward-looking statements on its current expectations and projections about future events and financial trends that Appian believes may affect its financial condition, results of operations, business strategy, short-term and long-term business operations and objectives, and financial needs. These forward-looking statements are subject to a number of risks and uncertainties, including the risks and uncertainties associated with Appian's ability to grow its business and manage its growth, Appian's ability to sustain its revenue growth rate, continued market acceptance of Appian's Platform and adoption of low-code solutions to drive digital transformation, the fluctuation of Appian's operating results due to the length and variability of its sales cycle, competition in the markets in which Appian operates, AI being a disruptive set of technologies that may affect the markets for Appian's software dramatically and in unpredictable ways, risks and uncertainties associated with the composition and concentration of Appian's customer base and their demand for its platform and satisfaction with the services provided by Appian, Appian's ability to operate in compliance with applicable laws and regulations, Appian's strategic relationships with third parties, and additional risks and uncertainties set forth in the "Risk Factors" section of Appian's most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and other filings with the Securities and Exchange Commission. Moreover, Appian operates in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for Appian's management to predict all risks, nor can Appian assess the impact of all factors on its business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements Appian may make. In light of these risks, uncertainties, and assumptions, Appian cannot guarantee future results, levels of activity, performance, achievements, or events and circumstances reflected in the forward-looking statements will occur. Appian is under no duty to update any of these forward-looking statements after the date of this press release to conform these statements to actual results or revised expectations, except as required by law.

    Investor Contact

    Jack Andrews

    Vice President, Investor Relations

    [email protected]

    Media Contact

    Valerie Miller

    Senior Manager, Media Relations North America

    [email protected]



     
    APPIAN CORPORATION

    CONSOLIDATED BALANCE SHEETS

    (in thousands, except par value and share data)
     
     As of
     March 31, 2025 December 31, 2024
    Assets   
    Current assets   
    Cash and cash equivalents$134,982  $118,552 
    Short-term investments and marketable securities 64,716   41,308 
    Accounts receivable, net of allowance of $2,323 and $3,396, respectively 136,037   195,069 
    Deferred commissions, current 34,858   36,630 
    Prepaid expenses and other current assets 41,309   43,984 
    Total current assets 411,902   435,543 
    Property and equipment, net of accumulated depreciation of $34,326 and $32,142, respectively 36,330   37,109 
    Goodwill 26,546   25,555 
    Intangible assets, net of accumulated amortization of $5,842 and $5,341, respectively 2,032   2,240 
    Right-of-use assets for operating leases 31,645   31,081 
    Deferred commissions, net of current portion 58,457   60,540 
    Deferred tax assets 4,388   4,129 
    Other assets 21,599   24,842 
    Total assets$592,899  $621,039 
    Liabilities and Stockholders' Deficit   
    Current liabilities   
    Accounts payable$6,574  $4,322 
    Accrued expenses 13,825   11,388 
    Accrued compensation and related benefits 26,487   34,223 
    Deferred revenue 258,582   281,760 
    Debt 9,598   9,598 
    Operating lease liabilities 12,798   12,378 
    Other current liabilities 2,518   1,087 
    Total current liabilities 330,382   354,756 
    Long-term debt 238,426   240,826 
    Non-current operating lease liabilities 51,518   52,189 
    Deferred revenue, non-current 3,944   5,477 
    Other non-current liabilities 374   431 
    Total liabilities 624,644   653,679 
    Stockholders' deficit   
    Class A common stock—par value $0.0001; 500,000,000 shares authorized as of March 31, 2025 and December 31, 2024 and 43,132,115 and 42,938,701 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 4   4 
    Class B common stock—par value $0.0001; 100,000,000 shares authorized as March 31, 2025 and December 31, 2024 and 31,088,085 and 31,090,085 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 3   3 
    Additional paid-in capital 597,086   591,281 
    Accumulated other comprehensive loss (15,507)  (11,774)
    Accumulated deficit (613,331)  (612,154)
    Total stockholders' deficit (31,745)  (32,640)
    Total liabilities and stockholders' deficit$592,899  $621,039 
     



     
    APPIAN CORPORATION

    CONSOLIDATED STATEMENTS OF OPERATIONS

    (in thousands, except per share data)
     
     Three Months Ended March 31,
      2025   2024 
     (unaudited)
    Revenue   
    Subscriptions$134,352  $117,694 
    Professional services 32,074   32,141 
    Total revenue 166,426   149,835 
    Cost of revenue   
    Subscriptions 14,894   12,270 
    Professional services 24,024   25,727 
    Total cost of revenue 38,918   37,997 
    Gross profit 127,508   111,838 
    Operating expenses   
    Sales and marketing 54,553   58,156 
    Research and development 39,517   39,771 
    General and administrative 34,272   33,446 
    Total operating expenses 128,342   131,373 
    Operating loss (834)  (19,535)
    Other non-operating (income) expense   
    Other (income) expense, net (5,716)  8,207 
    Interest expense 5,318   5,646 
    Total other non-operating (income) expense (398)  13,853 
    Loss before income taxes (436)  (33,388)
    Income tax expense (benefit) 741   (465)
    Net loss$(1,177) $(32,923)
    Net loss per share:   
    Basic and diluted$(0.02) $(0.45)
    Weighted average common shares outstanding:   
    Basic and diluted 74,094   73,300 
            



     
    APPIAN CORPORATION

    STOCK-BASED COMPENSATION EXPENSE

    (in thousands)
     
     Three Months Ended March 31,
      2025   2024 
     (unaudited)
    Cost of revenue   
    Subscriptions$243  $213 
    Professional services 1,407   1,578 
    Operating expenses   
    Sales and marketing 2,188   2,527 
    Research and development 2,938   3,001 
    General and administrative 3,263   3,287 
    Total stock-based compensation expense$10,039  $10,606 
     



     
    APPIAN CORPORATION

    CONSOLIDATED STATEMENTS OF CASH FLOWS

    (in thousands)
     
     Three Months Ended March 31,
      2025   2024 
    Cash flows from operating activities   
    Net loss$(1,177) $(32,923)
    Adjustments to reconcile net loss to net cash provided by operating activities   
    Stock-based compensation 10,039   10,606 
    Depreciation expense and amortization of intangible assets 2,446   2,361 
    Bad debt expense (125)  (135)
    Amortization of debt issuance costs 150   140 
    Benefit for deferred income taxes (163)  (450)
    Foreign currency transaction (gains) losses, net (3,989)  11,806 
    Changes in assets and liabilities —   — 
    Accounts receivable 60,259   40,061 
    Prepaid expenses and other assets 6,107   (2,245)
    Deferred commissions 3,855   1,569 
    Accounts payable and accrued expenses 4,755   5,187 
    Accrued compensation and related benefits (9,306)  (8,703)
    Other current and non-current liabilities 507   1,944 
    Deferred revenue (27,554)  (10,120)
    Operating lease assets and liabilities (838)  (232)
    Net cash provided by operating activities 44,966   18,866 
    Cash flows from investing activities   
    Proceeds from maturities of investments 13,611   9,657 
    Purchases of investments (37,037)  — 
    Purchases of property and equipment (651)  (2,198)
    Net cash (used by) provided by investing activities (24,077)  7,459 
    Cash flows from financing activities   
    Proceeds from borrowings —   50,000 
    Payments for debt issuance costs —   (463)
    Debt repayments (2,500)  (1,250)
    Repurchase of common stock —   (50,019)
    Payments for employee taxes related to the net share settlement of equity awards (3,199)  (2,862)
    Proceeds from exercise of common stock options 190   345 
    Net cash used by financing activities (5,509)  (4,249)
    Effect of foreign exchange rate changes on cash and cash equivalents 1,050   (1,319)
    Net increase in cash and cash equivalents 16,430   20,757 
    Cash and cash equivalents at beginning of period 118,552   149,351 
    Cash and cash equivalents at end of period$134,982  $170,108 
        
    Supplemental disclosure of cash flow information:   
    Cash paid for interest$5,018  $5,325 
    Cash paid for income taxes$798  $751 
    Supplemental disclosure of non-cash financing information:   
    Accrued capital expenditures$784  $484 
            



     
    APPIAN CORPORATION

    RECONCILIATION OF GAAP MEASURES TO NON-GAAP MEASURES

    (unaudited, in thousands, except per share data)
     
     GAAP

    Measure
     Stock-Based

    Compensation
     Litigation

    Expenses
     JPI

    Amortization
     Lease

    Impairment

    and

    Lease-Related

    Charges
     Unrealized

    Foreign Exchange

    Gains and Losses
     Non-GAAP

    Measure
    Three Months Ended March 31, 2025
    Subscriptions cost of revenue$14,894  $(243) $—  $—  $—  $—  $14,651 
    Professional services cost of revenue 24,024   (1,407)  —   —   —   —   22,617 
    Total cost of revenue 38,918   (1,650)  —   —   —   —   37,268 
    Total operating expense 128,342   (8,389)  (1,712)  (3,084)  (312)  —   114,845 
    Operating (loss) income (834)  10,039   1,712   3,084   312   —   14,313 
    Non-operating (income) expense (5,716)  —   —   —   —   4,016   (1,700)
    Income tax impact of above items 741   455   —   —   —   (267)  929 
    Net (loss) income (1,177)  9,584   1,712   3,084   312   (3,749)  9,766 
    Net (loss) income per share, basic and diluted(a,b)$(0.02) $0.13  $0.02  $0.04  $—  $(0.05) $0.13 
                  
    Three Months Ended March 31, 2024      
    Subscriptions cost of revenue$12,270  $(213) $—  $—  $—  $—  $12,057 
    Professional services cost of revenue 25,727   (1,578)  —   —   —   —   24,149 
    Total cost of revenue 37,997   (1,791)  —   —   —   —   36,206 
    Total operating expense 131,373   (8,815)  (742)  (4,504)  —   —   117,312 
    Operating (loss) income (19,535)  10,606   742   4,504   —   —   (3,683)
    Non-operating expense (income) 8,207   —   —   —   —   (11,848)  (3,641)
    Income tax impact of above items (465)  604   —   —   —   935   1,074 
    Net (loss) income (32,923)  10,002   742   4,504   —   10,913   (6,762)
    Net (loss) income per share, basic and diluted$(0.45) $0.14  $0.01  $0.06  $—  $0.15  $(0.09)

    (a) Per share amounts do not foot due to rounding.

    (b) Accounts for the impact of 0.4 million shares of dilutive securities.

      
     Three Months Ended March 31,
      2025   2024 
    Reconciliation of adjusted EBITDA:   
    GAAP net loss$(1,177) $(32,923)
    Other (income) expense, net (5,716)  8,207 
    Interest expense 5,318   5,646 
    Income tax expense (benefit) 741   (465)
    Depreciation expense and amortization of intangible assets 2,446   2,361 
    Stock-based compensation expense 10,039   10,606 
    Litigation Expenses 1,712   742 
    JPI Amortization 3,084   4,504 
    Lease Impairment and Lease-Related Charges 312   — 
    Adjusted EBITDA$16,759  $(1,322)
     

    1 https://dpregister.com/DiamondPassRegistration/register?confirmationNumber=10198996&linkSecurityString=fef70829c8



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      Industry veteran aims to unlock productivity gains for French organizations through expanded adoption of the Appian AI Process Platform. PARIS, Sept. 19, 2023  /PRNewswire/ -- Appian (NASDAQ:APPN) announces the appointment of Frédéric Godde as Regional Vice President of Sales for Appian France. With 20 years of B2B technology experience, Godde has in-depth knowledge of key industries, including banking, insurance, energy, telecoms, life sciences, and the public sector. These industries are under tremendous pressure to increase agility and competitiveness through digital transformation, but their innovation projects are hampered by increasing regulatory scrutiny and the need to prove complian

      9/19/23 9:15:00 AM ET
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    SEC Filings

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    • SEC Form 10-Q filed by Appian Corporation

      10-Q - APPIAN CORP (0001441683) (Filer)

      5/8/25 1:16:28 PM ET
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    • Appian Corporation filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - APPIAN CORP (0001441683) (Filer)

      5/8/25 7:10:24 AM ET
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    • SEC Form DEFA14A filed by Appian Corporation

      DEFA14A - APPIAN CORP (0001441683) (Filer)

      4/23/25 4:07:38 PM ET
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    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

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    • KeyBanc Capital Markets resumed coverage on Appian

      KeyBanc Capital Markets resumed coverage of Appian with a rating of Sector Weight

      1/14/25 7:37:51 AM ET
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    • Scotiabank initiated coverage on Appian with a new price target

      Scotiabank initiated coverage of Appian with a rating of Sector Perform and set a new price target of $37.00

      1/6/25 7:39:43 AM ET
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    • Appian downgraded by KeyBanc Capital Markets

      KeyBanc Capital Markets downgraded Appian from Overweight to Sector Weight

      8/2/24 7:14:18 AM ET
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    Large Ownership Changes

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    • Amendment: SEC Form SC 13G/A filed by Appian Corporation

      SC 13G/A - APPIAN CORP (0001441683) (Subject)

      11/7/24 4:30:55 PM ET
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    • SEC Form SC 13G filed by Appian Corporation

      SC 13G - APPIAN CORP (0001441683) (Subject)

      11/6/24 4:14:50 PM ET
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    • Amendment: SEC Form SC 13D/A filed by Appian Corporation

      SC 13D/A - APPIAN CORP (0001441683) (Subject)

      8/26/24 8:30:57 PM ET
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    Financials

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    • Appian Announces First Quarter 2025 Financial Results

      MCLEAN, Va., May 08, 2025 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced financial results for the first quarter ended March 31, 2025. "In Q1, Appian continued to demonstrate our earnings potential, with narrowing net losses, our third straight quarter of positive adjusted EBITDA, and $45 million in operating cash flow," said Matt Calkins, CEO & Founder. First Quarter 2025 Financial Highlights: Revenue: Cloud subscriptions revenue was $99.8 million, up 15% compared to the first quarter of 2024. Total subscriptions revenue, which includes sales of our cloud subscriptions, on-premises term license subscriptions, and maintenance and support, increased 14% year-over-year to $134.4

      5/8/25 7:05:00 AM ET
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    • Appian to Announce First Quarter 2025 Financial Results on May 8, 2025

      MCLEAN, Va., April 14, 2025 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced that it will release financial results for the first quarter ended March 31, 2025 before the U.S. financial markets open on Thursday, May 8, 2025. The company will host a conference call and live webcast to review its financial results and business outlook. Conference Call Details The conference call will begin at 8:30 a.m. Eastern Time. To access the call, please use this Registration Link. Once registered, participants can join the call, using their phone with a dial in and PIN. The conference call will also be available live via webcast on the Investor Relations page of the Company's website at http:/

      4/14/25 4:05:00 PM ET
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    • Appian Announces Fourth Quarter and Full Year 2024 Financial Results

      Fourth quarter cloud subscription revenue increased 19% year-over-year to $98.9 millionFull year cloud subscription revenue increased 21% year-over year to $368.0 million MCLEAN, Va., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Appian (NASDAQ:APPN) today announced financial results for the fourth quarter and full year ended December 31, 2024. "In 2024, Appian demonstrated its ability to grow with increasing efficiency. We specialize in creating value with AI, by deploying it in a process. While others bring work to AI, we bring AI to work," said Matt Calkins, CEO & Founder. Fourth Quarter 2024 Financial Highlights: Revenue: Cloud subscription revenue was $98.9 million, up 19% com

      2/19/25 7:05:00 AM ET
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    Insider Purchases

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    • Large owner Abdiel Capital Advisors, Lp bought $346,444 worth of shares (10,265 units at $33.75) (SEC Form 4)

      4 - APPIAN CORP (0001441683) (Issuer)

      10/3/24 7:35:41 PM ET
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    • Large owner Abdiel Capital Advisors, Lp bought $1,410,992 worth of shares (42,825 units at $32.95) (SEC Form 4)

      4 - APPIAN CORP (0001441683) (Issuer)

      9/25/24 8:22:30 PM ET
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    • Large owner Abdiel Capital Advisors, Lp bought $896,691 worth of shares (26,801 units at $33.46) (SEC Form 4)

      4 - APPIAN CORP (0001441683) (Issuer)

      9/20/24 6:40:01 PM ET
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    Insider Trading

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    • Interim CFO Lynch Mark Steven converted options into 6,465 shares and covered exercise/tax liability with 1,924 shares, increasing direct ownership by 13% to 40,752 units (SEC Form 4)

      4 - APPIAN CORP (0001441683) (Issuer)

      5/7/25 4:52:31 PM ET
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    • Chief Customer Officer Zamudio-Ramirez Pavel converted options into 4,887 shares and covered exercise/tax liability with 1,565 shares, increasing direct ownership by 18% to 22,027 units (SEC Form 4)

      4 - APPIAN CORP (0001441683) (Issuer)

      5/7/25 4:51:40 PM ET
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    • Large owner Abdiel Capital Advisors, Lp sold $2,184,573 worth of shares (80,103 units at $27.27) (SEC Form 4)

      4 - APPIAN CORP (0001441683) (Issuer)

      4/16/25 6:54:31 PM ET
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