APPN Q2 2024 Earnings — Appian Corporation Revenue & Financial Results | Market Cap Arena

APPNAppian Corporation

$2B

Q2 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$146M+14.7% YoY

Gross Profit

$107M73.1% margin

Operating Income

-$39M-26.8% margin

Net Income

-$44M-29.8% margin

EPS (Diluted)

$-0.60

QoQ Revenue Growth

-2.3%

Cash Flow

Operating Cash Flow

-$18M

Free Cash Flow

-$18M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$555M

Total Liabilities

$600M

Stockholders' Equity

-$46M

Cash & Equivalents

$121M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$146M	$128M	+14.7%
Gross Profit	$107M	$91M	+17.8%
Operating Income	-$39M	-$41M	+3.6%
Net Income	-$44M	-$42M	-2.9%

Revenue Segments

Subscriptions, Software, And Support Member

$113M44%

Cloud Subscriptions

$88M34%

Professional Services Member

$33M13%

Term License Subscriptions

$17M7%

Maintenance And Support

$7M3%

Geographic Segments

UNITED STATES

$91M62%

Non-US

$56M38%