---
schema_version: "secwatch.filing_event.v1"
accession: "0001441683-23-000048"
form_type: "8-K"
ticker: "APPN"
cik: "0001441683"
company_name: "APPIAN CORP"
filed_at: "2023-05-09T23:59:59+00:00"
generated_at: "2026-06-15T08:46:51.884466+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Appian Q1 cloud subscription revenue up 31% to $69.7M; net loss widens to $36.8M

## Summary
- Cloud subscription revenue $69.7M (+31% YoY); total revenue $135.2M (+18%).
- GAAP net loss $(36.8)M ($0.51 per share) vs $(23.2)M ($0.32) in Q1 2022.
- Non-GAAP operating loss $(18.2)M vs $(5.1)M YoY; adjusted EBITDA loss $(15.8)M.
- Cloud subscription revenue retention rate was 115% as of March 31, 2023.

## SEC filing metadata
- accession: 0001441683-23-000048
- form_type: 8-K
- ticker: APPN
- cik: 0001441683
- company_name: APPIAN CORP
- filed_at: 2023-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1441683/000144168323000048/0001441683-23-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1441683/000144168323000048/appn-20230509.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001441683-23-000048
- JSON: https://secwatch.observer/filing/0001441683-23-000048.json
- Plain text: https://secwatch.observer/filing/0001441683-23-000048.txt

## Key facts
- Earnings Releases
  APPIAN CORP reported first quarter ended March 31, 2023 results: revenue $135.2 million, net income $(36.8) million, EPS $(0.51).
  - Period: first quarter ended March 31, 2023
  - Revenue: $135.2 million
  - Net income: $(36.8) million
  - EPS: $(0.51)
  - Result: reported results
  source text: Revenue: Cloud subscription revenue was $69.7 million, up 31% compared to the first quarter of 2022. Total subscriptions revenue, which includes sales of our cloud subscriptions, on-premises term license subscriptions, and maintenance and support, increased 18% year-over-year to $99.0 million. Professional services revenue was $36.3 million, an increase of 19% compared to the first quarter of 2022. Total revenue was $135.2 million, up 18% compared to the first quarter of 2022. Cloud subscription revenue retention rate was 115% as of March 31, 2023. • Operating loss and non-GAAP operating loss: GAAP operating loss was $(35.3) million, compared to $(23.9) million for the first quarter of 2022. Non-GAAP operating loss was $(18.2) million, compared to $(5.1) million for the first quarter of 2022. • Net loss and non-GAAP net loss: GAAP net loss was $(36.8) million, compared to $(23.2) million for the first quarter of 2022. GAAP net loss per share was $(0.51) for the first quarter of 2023, c
  evidence_url: https://www.sec.gov/Archives/edgar/data/1441683/000144168323000048/0001441683-23-000048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.