Appian Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	726.94	617.02	545.36	467.99	369.26
Revenue Growth (YoY)	17.81%	13.14%	16.53%	26.74%	21.24%
Cost of Revenue	199.6	166.84	160.15	133.31	104.09
Gross Profit	527.34	450.18	385.21	334.69	265.17
Selling, General & Admin	343.36	332.04	329.55	340.49	251.56
Research & Development	172.19	163.4	159.4	139.21	97.52
Operating Expenses	515.54	495.44	488.95	479.7	349.07
Operating Income	11.8	-45.26	-103.74	-145.01	-83.91
Interest Expense	-20.85	-23.58	-17.86	-1.67	-0.37
Currency Exchange Gain (Loss)	19.8	-16.8	8.7	-6.1	-3.7
Other Non Operating Income (Expenses)	6.89	10.03	8.9	2.56	0.12
EBT Excluding Unusual Items	17.63	-75.61	-104	-150.23	-87.86
Merger & Restructuring Charges	-0.78	-5.46	-	-	-
Legal Settlements	-10.41	-4.6	2.06	-	-
Other Unusual Items	-	-5.53	-6.3	-	-
Pretax Income	6.44	-91.21	-108.23	-150.23	-87.86
Income Tax Expense	5.21	1.05	3.21	0.69	0.78
Net Income	1.23	-92.26	-111.44	-150.92	-88.64
Net Income to Common	1.23	-92.26	-111.44	-150.92	-88.64
Shares Outstanding (Basic)	74	73	73	72	71
Shares Outstanding (Diluted)	75	73	73	72	71
Shares Change (YoY)	2.28%	-0.16%	0.89%	2.00%	2.88%
EPS (Basic)	0.02	-1.26	-1.52	-2.08	-1.25
EPS (Diluted)	0.02	-1.26	-1.52	-2.08	-1.25
Free Cash Flow	59.56	3.08	-120.08	-115.65	-59.98
Free Cash Flow Per Share	0.80	0.04	-1.64	-1.60	-0.84
Gross Margin	72.54%	72.96%	70.63%	71.52%	71.81%
Operating Margin	1.62%	-7.33%	-19.02%	-30.99%	-22.72%
Profit Margin	0.17%	-14.95%	-20.43%	-32.25%	-24.01%
Free Cash Flow Margin	8.19%	0.50%	-22.02%	-24.71%	-16.24%
EBITDA	21.5	-35.23	-94.27	-137.71	-78.16
EBITDA Margin	2.96%	-5.71%	-17.29%	-29.43%	-21.17%
D&A For EBITDA	9.71	10.03	9.47	7.3	5.74
EBIT	11.8	-45.26	-103.74	-145.01	-83.91
EBIT Margin	1.62%	-7.33%	-19.02%	-30.99%	-22.72%
Effective Tax Rate	80.87%	-	-	-	-
Revenue as Reported	726.94	617.02	545.36	467.99	369.26
Advertising Expenses	4.4	3.9	4.2	5.8	4.4

Source: S&P Global Market Intelligence. Standard template. Financial Sources.