Appian corporation (APPN)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Revenue
Total revenue

78,864

68,618

66,155

65,275

60,304

60,216

54,948

59,883

51,696

50,562

44,648

43,198

38,329

33,747

30,745

32,467

35,964

Cost of revenue
Total cost of revenue

24,119

22,773

23,951

23,051

24,066

22,210

20,092

21,574

21,049

18,657

16,613

16,637

12,690

10,599

11,205

13,559

14,760

Gross profit

54,745

45,845

42,204

42,224

36,238

38,006

34,856

38,309

30,647

31,905

28,035

26,561

25,639

23,148

19,540

18,908

21,204

Operating expenses
Sales and marketing

34,172

31,254

27,603

29,992

28,591

30,177

25,467

27,384

22,964

22,463

19,725

22,775

17,003

14,660

14,480

13,831

11,166

Research and development

16,038

15,625

15,697

12,765

13,956

12,332

11,737

10,785

9,870

8,968

8,596

9,971

7,300

6,069

6,702

5,296

4,927

General and administrative

13,141

12,028

11,191

9,261

9,016

8,799

12,537

8,425

8,060

7,429

6,237

8,635

4,849

4,260

4,531

4,318

3,930

Total operating expenses

63,351

58,907

54,491

52,018

51,563

51,308

49,741

46,594

40,894

38,860

34,558

41,381

29,152

24,989

25,713

23,445

20,023

Operating loss

-8,606

-13,062

-12,287

-9,794

-15,325

-13,302

-14,885

-8,285

-10,247

-6,955

-6,523

-14,820

-3,513

-1,841

-6,173

-4,537

1,181

Other expense (income)
Other expense (income), net

-3,114

2,822

-2,262

79

302

-510

-110

-2,593

918

380

425

734

499

-1,663

67

-733

537

Interest expense

-143

-131

-96

-69

-71

-64

-67

-54

-13

-22

2

-197

-256

-256

-243

-241

-242

Total other expense (income)

-3,257

2,691

-2,358

10

231

-574

-177

-2,647

905

358

427

537

243

-1,919

-176

-974

295

Loss before income taxes

-11,863

-10,371

-14,645

-9,784

-15,094

-13,876

-15,062

-10,932

-9,342

-6,597

-6,096

-14,283

-3,270

-3,760

-6,349

-5,511

1,476

Income tax (benefit) expense

-194

426

5

267

122

27

-34

35

211

272

188

176

125

423

-1,610

-1,217

721

Net loss

-11,669

-10,797

-14,650

-10,051

-15,216

-13,903

-15,028

-10,967

-9,553

-6,869

-6,284

-14,459

-3,395

-4,183

-4,739

-4,294

755

Net loss per share:
Basic and diluted (in dollar per share)

-0.17

-0.16

-0.19

-0.18

-0.24

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average common shares outstanding:
Basic and diluted (in shares)

67,528

67,336

65,518

64,755

64,306

-

-

-

-

-

-

-

-

-

-

-

-

Subscriptions
Total revenue

50,436

42,108

37,774

36,860

34,557

35,108

30,905

33,047

26,952

25,398

22,660

22,012

21,444

19,365

17,668

17,321

15,618

Total cost of revenue

5,383

4,993

4,484

4,036

3,585

3,284

3,261

2,824

2,628

2,488

2,341

2,488

2,062

1,929

1,890

1,836

1,782

Professional services
Total revenue

28,428

26,510

28,381

28,415

25,747

25,108

24,043

26,836

24,744

25,164

21,988

21,186

16,885

14,382

13,077

15,146

20,346

Total cost of revenue

18,736

17,780

19,467

19,015

20,481

18,926

16,831

18,750

18,421

16,169

14,272

14,149

10,628

8,670

9,315

11,723

12,978