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Appian Corporation APPN Q3 2025 earnings

Reported November 6, 2025 · Before market open

Revenue$187.0MMiss by $2.3M
EPS$0.32Beat by $0.27
Revenue estimate$189.3M
EPS estimate$0.05

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$193.4M
EPS estimate$0.00

Financials

Q3 2025

Income statement

See full
Revenue$187.0M+21.4%
Gross profit$141.7M+21.2%
Operating income$13.1M+283%
Net income$7.8M+473%
EPS (diluted)$0.10+433%

Balance sheet

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Cash & equivalents$125.2M+26.3%
Total debt$306.6M-4.1%
Total equity-$48.5M+2.5%
Total assets$611.7M+11.2%

Cash flow

See full
Operating cash flow$18.7M+327%
CapEx$654.0K+84.2%
Free cash flow$18.1M+310%

Valuation & ratios

Valuation

as of 09/30/25
See full
Market cap$2.26B-8.4%
Enterprise value$2.44B-9.1%
P/S3.3×-0.9×

Profitability

See full
Gross margin72.9%+0.8pp
Operating margin0.2%+0.1pp
Net margin-1.1%-0.5pp
FCF margin11%+8.9pp

Returns & leverage

See full
Current ratio1.2×0.0×

Segments

By product

See full
Cloud subscriptions$113.6M+20.8%
Professional services$39.8M+28.7%

Versus estimates

Revenue

Q1 2026$202.2MBeat by $10.6MQ4 2025$202.9MBeat by $13.6M
Q3 2025$187.0MMiss by $2.3M
Q2 2025$170.6MMiss by $2.8MQ1 2025$166.4MBeat by $6.5MQ4 2024$166.7MMiss by $313.0K

Diluted EPS

Q1 2026$0.27Beat by $0.08Q4 2025$0.15Beat by $0.06
Q3 2025$0.32Beat by $0.27
Q2 2025-$0.14Miss by $0.01Q1 2025$0.13Beat by $0.10Q4 2024-$0.12Miss by $0.11

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Questions, answered.

When did Appian Corporation report Q3 2025 earnings?
Appian Corporation (APPN) reported Q3 2025 earnings on November 6, 2025 before market open.
What were Appian Corporation's Q3 2025 revenue and EPS?
Appian Corporation reported revenue of $187.0M and eps of $0.32 for Q3 2025.
Did Appian Corporation beat estimates in Q3 2025?
Revenue missed the consensus estimate of $189.3M by $2.3M. EPS beat the consensus estimate of $0.05 by $0.27.
How did Appian Corporation's Q3 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 21.4% from $154.1M a year earlier and eps grew 113.3% from $0.15.
Where can I find Appian Corporation's Q3 2025 SEC filings?
You can read the 8-K earnings release (0001441683-25-000066) and the 10-Q periodic report (0001441683-25-000068) directly on SEC EDGAR. The filing index links above go to sec.gov.