AI-Powered Process Orchestration

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Appian Announces Second Quarter 2025 Financial Results
Globenewswireยท 2025-08-07 11:05
Core Insights - Appian's second quarter cloud subscriptions revenue increased by 21% year-over-year to $106.9 million, while total revenue rose by 17% year-over-year to $170.6 million, driven by Appian AI and a larger pipeline [1][5]. Financial Highlights - Cloud subscriptions revenue for Q2 2025 was $106.9 million, a 21% increase from Q2 2024 [5]. - Total subscriptions revenue, including cloud and on-premises licenses, grew 17% year-over-year to $132.7 million [5]. - Professional services revenue reached $38.0 million, up 13% compared to Q2 2024 [5]. - The cloud subscriptions revenue retention rate was 111% as of June 30, 2025 [5]. - GAAP operating loss was $(11.0) million, significantly improved from $(39.2) million in Q2 2024 [5]. - Non-GAAP operating income was $5.6 million, compared to a loss of $(13.1) million in the same quarter last year [5]. - GAAP net loss was $(0.3) million, a substantial improvement from $(43.6) million in Q2 2024, with net loss per share breakeven compared to $(0.60) [5]. - Adjusted EBITDA for Q2 2025 was $8.1 million, compared to a loss of $(10.5) million in Q2 2024 [5]. Financial Outlook - For the full year 2025, cloud subscriptions revenue is expected to be between $429.0 million and $433.0 million, indicating a year-over-year growth of 17% to 18% [4]. - Third quarter 2025 guidance estimates cloud subscriptions revenue between $109.0 million and $111.0 million, representing a growth of 16% to 18% [4]. - Total revenue for Q3 2025 is projected to be between $172.0 million and $176.0 million, reflecting a year-over-year increase of 12% to 14% [4]. - Adjusted EBITDA for Q3 2025 is expected to range from $9.0 million to $12.0 million [4]. Business Recognition - Appian was recognized as a leader in the 2025 Gartner Magic Quadrant for Enterprise Low-Code Application Platforms [5]. - The company was also acknowledged by Chartis for AI-Powered Process Orchestration and included in the 2025 AIFinTech100 List for transforming financial services with AI [5].