Appian Corp
NASDAQ:APPN
Income Statement
Earnings Waterfall
Appian Corp
Revenue
|
545.4m
USD
|
Cost of Revenue
|
-143.3m
USD
|
Gross Profit
|
402m
USD
|
Operating Expenses
|
-510m
USD
|
Operating Income
|
-108m
USD
|
Other Expenses
|
-3.5m
USD
|
Net Income
|
-111.4m
USD
|
Income Statement
Appian Corp
Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||
Revenue |
133
N/A
|
135
+2%
|
146
+8%
|
160
+10%
|
177
+11%
|
190
+8%
|
207
+9%
|
217
+5%
|
227
+4%
|
235
+4%
|
241
+2%
|
252
+5%
|
260
+3%
|
275
+6%
|
276
+1%
|
288
+4%
|
305
+6%
|
315
+3%
|
331
+5%
|
346
+5%
|
369
+7%
|
395
+7%
|
422
+7%
|
447
+6%
|
468
+5%
|
489
+4%
|
507
+4%
|
526
+4%
|
545
+4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||
Cost of Revenue |
(50)
|
(48)
|
(51)
|
(57)
|
(65)
|
(73)
|
(78)
|
(81)
|
(85)
|
(88)
|
(90)
|
(93)
|
(94)
|
(94)
|
(92)
|
(90)
|
(89)
|
(88)
|
(93)
|
(98)
|
(104)
|
(111)
|
(119)
|
(126)
|
(133)
|
(138)
|
(142)
|
(144)
|
(143)
|
|
Gross Profit |
83
N/A
|
87
+5%
|
95
+9%
|
103
+9%
|
112
+9%
|
117
+4%
|
129
+10%
|
136
+5%
|
142
+4%
|
147
+4%
|
151
+3%
|
159
+5%
|
167
+5%
|
181
+9%
|
184
+2%
|
198
+7%
|
216
+9%
|
226
+5%
|
238
+5%
|
248
+4%
|
265
+7%
|
283
+7%
|
303
+7%
|
321
+6%
|
335
+4%
|
351
+5%
|
365
+4%
|
382
+5%
|
402
+5%
|
|
Operating Income | ||||||||||||||||||||||||||||||
Operating Expenses |
(94)
|
(103)
|
(121)
|
(130)
|
(144)
|
(156)
|
(161)
|
(176)
|
(189)
|
(199)
|
(205)
|
(209)
|
(217)
|
(225)
|
(231)
|
(239)
|
(254)
|
(266)
|
(290)
|
(316)
|
(349)
|
(381)
|
(418)
|
(451)
|
(480)
|
(507)
|
(519)
|
(513)
|
(510)
|
|
Selling, General & Administrative |
(71)
|
(78)
|
(91)
|
(98)
|
(109)
|
(118)
|
(123)
|
(135)
|
(144)
|
(150)
|
(154)
|
(155)
|
(159)
|
(165)
|
(166)
|
(172)
|
(184)
|
(191)
|
(209)
|
(226)
|
(252)
|
(274)
|
(302)
|
(324)
|
(341)
|
(356)
|
(362)
|
(357)
|
(357)
|
|
Research & Development |
(23)
|
(25)
|
(30)
|
(32)
|
(35)
|
(38)
|
(38)
|
(41)
|
(45)
|
(49)
|
(51)
|
(55)
|
(58)
|
(60)
|
(65)
|
(67)
|
(70)
|
(75)
|
(82)
|
(90)
|
(98)
|
(107)
|
(117)
|
(128)
|
(139)
|
(151)
|
(157)
|
(156)
|
(153)
|
|
Operating Income |
(11)
N/A
|
(16)
-40%
|
(26)
-64%
|
(27)
-1%
|
(32)
-20%
|
(39)
-21%
|
(32)
+17%
|
(40)
-26%
|
(47)
-16%
|
(52)
-11%
|
(53)
-3%
|
(51)
+5%
|
(51)
+0%
|
(44)
+13%
|
(46)
-5%
|
(42)
+10%
|
(38)
+9%
|
(40)
-5%
|
(52)
-31%
|
(68)
-29%
|
(84)
-24%
|
(97)
-16%
|
(115)
-19%
|
(130)
-13%
|
(145)
-11%
|
(156)
-8%
|
(154)
+1%
|
(132)
+15%
|
(108)
+18%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||
Interest Income Expense |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(2)
|
(5)
|
(10)
|
(14)
|
(18)
|
|
Total Other Income |
(2)
|
(2)
|
(0)
|
(0)
|
2
|
2
|
(1)
|
(1)
|
(2)
|
(3)
|
(0)
|
(2)
|
1
|
(3)
|
(2)
|
5
|
6
|
6
|
6
|
(0)
|
(4)
|
(1)
|
(9)
|
(12)
|
(4)
|
(0)
|
10
|
14
|
18
|
|
Pre-Tax Income |
(14)
N/A
|
(19)
-34%
|
(28)
-47%
|
(28)
+1%
|
(30)
-10%
|
(36)
-20%
|
(33)
+9%
|
(42)
-27%
|
(49)
-17%
|
(55)
-12%
|
(54)
+2%
|
(53)
+1%
|
(50)
+7%
|
(47)
+5%
|
(49)
-4%
|
(38)
+23%
|
(33)
+14%
|
(34)
-5%
|
(46)
-35%
|
(68)
-47%
|
(88)
-29%
|
(99)
-13%
|
(125)
-26%
|
(143)
-15%
|
(150)
-5%
|
(161)
-7%
|
(154)
+5%
|
(132)
+14%
|
(108)
+18%
|
|
Net Income | ||||||||||||||||||||||||||||||
Tax Provision |
2
|
2
|
1
|
(1)
|
1
|
1
|
1
|
1
|
(1)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
1
|
1
|
1
|
(1)
|
(3)
|
(4)
|
(4)
|
(3)
|
|
Income from Continuing Operations |
(13)
|
(17)
|
(27)
|
(28)
|
(29)
|
(36)
|
(32)
|
(41)
|
(50)
|
(55)
|
(54)
|
(54)
|
(51)
|
(48)
|
(50)
|
(39)
|
(34)
|
(35)
|
(47)
|
(69)
|
(89)
|
(98)
|
(124)
|
(142)
|
(151)
|
(165)
|
(158)
|
(136)
|
(111)
|
|
Net Income (Common) |
(13)
N/A
|
(18)
-32%
|
(28)
-58%
|
(29)
-5%
|
(31)
-9%
|
(37)
-19%
|
(34)
+10%
|
(43)
-26%
|
(50)
-16%
|
(55)
-11%
|
(54)
+2%
|
(54)
+1%
|
(51)
+6%
|
(48)
+6%
|
(50)
-4%
|
(39)
+22%
|
(34)
+13%
|
(35)
-6%
|
(47)
-34%
|
(69)
-46%
|
(89)
-28%
|
(98)
-11%
|
(124)
-26%
|
(142)
-15%
|
(151)
-6%
|
(165)
-9%
|
(158)
+4%
|
(136)
+14%
|
(111)
+18%
|
|
EPS (Diluted) |
-0.23
N/A
|
-0.29
-26%
|
-0.64
-121%
|
-0.48
+25%
|
-0.63
-31%
|
-0.61
+3%
|
-0.55
+10%
|
-0.67
-22%
|
-0.81
-21%
|
-0.85
-5%
|
-0.83
+2%
|
-0.84
-1%
|
-0.77
+8%
|
-0.72
+6%
|
-0.73
-1%
|
-0.56
+23%
|
-0.48
+14%
|
-0.5
-4%
|
-0.67
-34%
|
-0.98
-46%
|
-1.25
-28%
|
-1.38
-10%
|
-1.72
-25%
|
-1.97
-15%
|
-2.08
-6%
|
-2.27
-9%
|
-2.17
+4%
|
-1.86
+14%
|
-1.52
+18%
|