Appian (APPN) Q2 2025 Earnings
Reported Aug 7, 2025 at 7:14 AM ET · SEC Source
Q2 25 EPS
$0.00
BEAT +100.00%
Est. $-0.13
Q2 25 Revenue
$170.6M
BEAT +6.62%
Est. $160.1M
vs S&P Since Q2 25
-31.4%
TRAILING MARKET
APPN -12.9% vs S&P +18.5%
Market Reaction
Did APPN Beat Earnings? Q2 2025 Results
Appian delivered a standout second quarter, posting revenue of $170.64 million, up 16.5% year over year and clearing the $160.05 million consensus estimate by 6.62%, while reporting breakeven GAAP EPS of $0.00 against an expected loss of $0.13, a 100… Read more Appian delivered a standout second quarter, posting revenue of $170.64 million, up 16.5% year over year and clearing the $160.05 million consensus estimate by 6.62%, while reporting breakeven GAAP EPS of $0.00 against an expected loss of $0.13, a 100% beat that underscored the company's rapid profitability improvement. The clearest driver behind the quarter was cloud subscriptions growth, where revenue climbed 21% to $106.90 million, supported by a 111% cloud revenue retention rate that signals customers are expanding their Appian footprints rather than pulling back. That momentum helped compress the GAAP net loss to just $312,000, compared to a $43.59 million loss a year ago, with non-GAAP adjusted EBITDA swinging to a positive $8.13 million from negative $10.49 million. CEO Matt Calkins credited Appian AI for enabling higher prices and a larger pipeline. Looking ahead, the company guided Q3 total revenue of $172.00 to $176.00 million and full-year 2025 revenue of $695.00 to $703.00 million, with full-year adjusted EBITDA of $49.00 to $55.00 million.
Key Takeaways
- • Cloud subscriptions revenue grew 21% YoY to $106.9 million
- • Cloud subscriptions revenue retention rate of 111%
- • Appian AI drove higher prices and larger pipeline
- • GAAP operating loss narrowed significantly from $39.2 million to $11.0 million YoY
- • Non-GAAP operating income swung to $5.6 million from a $13.1 million loss
APPN YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
APPN Revenue by Segment
With YoY comparisons, source: SEC Filings
“Appian AI drove strong financial results in the second quarter of 2025, with higher prices and a larger pipeline.”
— Matt Calkins, Q2 2025 Earnings Press Release
APPN Earnings Trends
APPN vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
APPN EPS Trend
Earnings per share: estimate vs actual
APPN Revenue Trend
Quarterly revenue: estimate vs actual
APPN Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.18 | $0.27 | +46.10% | $202.2M | +5.44% |
| Q4 25 BEAT FY | $0.08 | $0.15 | +91.57% | $202.9M | +7.19% |
| FY Full Year | — | $0.61 | — | $726.9M | — |
| Q3 25 BEAT | $0.05 | $0.32 | +490.41% | $187.0M | +7.38% |
| Q2 25 BEAT | $-0.13 | $0.00 | +100.00% | $170.6M | +6.62% |