APPN Q1 2024 Earnings — Appian Corporation Revenue & Financial Results | Market Cap Arena

APPNAppian Corporation

$2B

Q1 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$150M+10.8% YoY

Gross Profit

$112M74.6% margin

Operating Income

-$20M-13.0% margin

Net Income

-$33M-22.0% margin

EPS (Diluted)

$-0.45

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$17M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$595M

Total Liabilities

$605M

Stockholders' Equity

-$10M

Cash & Equivalents

$170M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$150M	$135M	+10.8%
Gross Profit	$112M	$99M	+12.8%
Operating Income	-$20M	-$35M	+44.6%
Net Income	-$33M	-$37M	+10.6%

Revenue Segments

Subscriptions, Software, And Support Member

$118M44%

Cloud Subscriptions

$87M32%

Professional Services Member

$32M12%

Term License Subscriptions

$24M9%

Maintenance And Support

$7M3%

Geographic Segments

UNITED STATES

$94M63%

Non-US

$56M37%