APPN Q2 2023 Earnings — Appian Corporation Revenue & Financial Results | Market Cap Arena

APPNAppian Corporation

$2B

Q2 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$128M+16.0% YoY

Gross Profit

$91M71.2% margin

Operating Income

-$41M-31.8% margin

Net Income

-$42M-33.2% margin

EPS (Diluted)

$-0.58

QoQ Revenue Growth

-5.6%

Cash Flow

Operating Cash Flow

-$12M

Free Cash Flow

-$15M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$612M

Total Liabilities

$532M

Stockholders' Equity

$81M

Cash & Equivalents

$172M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$128M	$110M	+16.0%
Gross Profit	$91M	$77M	+18.4%
Operating Income	-$41M	-$43M	+4.9%
Net Income	-$42M	-$49M	+14.2%

Revenue Segments

Subscriptions, Software, And Support Member

$94M42%

Cloud Subscriptions

$74M34%

Professional Services Member

$34M15%

Term License Subscriptions

$13M6%

Maintenance And Support

$6M3%

Geographic Segments

UNITED STATES

$79M62%

Non-US

$49M38%