APPN Q1 2023 Earnings — Appian Corporation Revenue & Financial Results | Market Cap Arena

APPNAppian Corporation

$2B

Q1 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$135M+18.4% YoY

Gross Profit

$99M73.3% margin

Operating Income

-$35M-26.1% margin

Net Income

-$37M-27.2% margin

EPS (Diluted)

$-0.51

QoQ Revenue Growth

+7.5%

Cash Flow

Operating Cash Flow

-$25M

Free Cash Flow

-$30M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$645M

Total Liabilities

$528M

Stockholders' Equity

$116M

Cash & Equivalents

$199M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$135M	$114M	+18.4%
Gross Profit	$99M	$83M	+18.9%
Operating Income	-$35M	-$24M	-47.8%
Net Income	-$37M	-$23M	-59.1%

Revenue Segments

Subscriptions, Software, And Support Member

$99M42%

Cloud Subscriptions

$70M30%

Professional Services Member

$36M15%

Term License Subscriptions

$23M10%

Maintenance And Support

$6M3%

Geographic Segments

UNITED STATES

$90M67%

Non-US

$45M33%