NASDAQ$APPN
Appian Corporation · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Appian's financial performance for Q2 2020 was reported, demonstrating growth in cloud subscriptions and overall revenue, despite increased operating and net losses.
Appian announced its Q2 2020 financial results, with cloud subscription revenue increasing by 30% year-over-year to $29.6 million. Total revenue grew by 2% year-over-year to $66.8 million. The company's cloud subscription revenue retention rate was 113%. GAAP operating loss was $(12.1) million, and GAAP net loss was $(11.8) million, or $(0.17) per share.
- Cloud subscription revenue increased 30% year-over-year to $29.6 million.
- Total subscriptions revenue increased 12% year-over-year to $41.4 million.
- Total revenue increased 2% year-over-year to $66.8 million.
- Cloud subscription revenue retention rate was 113%.
Headline financials
Revenue & EPS history
Appian · Revenue · Quarterly
$66.8M
Revenue by segment
Appian · $55M total across 2 segments · Q2 2020
- Cloud Subscriptions$29.6M+29.8%53.8%
- Professional Services$25.4M-10.6%46.2%
Forward guidance
Appian provided guidance for Q3 2020, expecting cloud subscription revenue between $31.4 million and $31.9 million, total revenue between $70.5 million and $71.5 million, adjusted EBITDA loss between $(11.0) million and $(10.0) million, and non-GAAP net loss per share between $(0.18) and $(0.16).
Tailwinds
- Cloud subscription revenue is expected to grow between 28% and 30% year-over-year.
- Total revenue is expected to increase between 7% and 8% year-over-year.
Headwinds
- Adjusted EBITDA loss is expected to be between $(11.0) million and $(10.0) million.
- Non-GAAP net loss per share is expected to be between $(0.18) and $(0.16).
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
-0.4%
Avg return
Earnings day
-0.4%
Avg return
5 days after
+2.6%
Avg return
30 days after
49%
17 / 35 earnings
Positive
+30.8%
Q3 2025
Best reaction
-21.6%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.5% | -11.5% | +6.7% | |
| Q4 2025 | +1.8% | +3.7% | +5.2% | |
| Q3 2025 | +30.8% | +50.8% | +39.7% | |
| Q1 2025 | +5.3% | +8.2% | +5.8% | |
| Q4 2024 | +16.2% | +3.7% | -3.9% | |
| Q3 2024 | +0.7% | -1.3% | +0.4% | |
| Q2 2024 | -19.2% | -24.8% | -12.2% | |
| Q1 2024 | -12.9% | -13.3% | -22.7% | |
| Q4 2023 | +11.5% | +8.3% | +8.4% | |
| Q3 2023 | +2.0% | -2.2% | -3.7% | |
| Q2 2023 | +2.3% | -0.4% | +2.3% | |
| Q1 2023 | +5.5% | -0.1% | +34.5% | |
| Q4 2022 | +3.9% | -3.6% | -5.9% | |
| Q3 2022 | -19.1% | -26.3% | -19.9% | |
| Q2 2022 | -1.4% | -6.8% | -21.9% | |
| Q1 2022 | -7.2% | +16.4% | -4.0% | |
| Q4 2021 | +1.6% | -3.6% | +13.1% | |
| Q3 2021 | -8.4% | +3.1% | -29.9% | |
| Q2 2021 | -5.7% | -2.4% | +3.7% | |
| Q1 2021 | -13.7% | -13.2% | -11.1% | |
| Q4 2020 | -5.9% | -16.5% | -30.0% | |
| Q3 2020 | +28.2% | +36.8% | +114.0% | |
| Q2 2020 | +1.9% | -8.2% | +10.4% | |
| Q1 2020 | +0.4% | -2.2% | +8.9% | |
| Q4 2019 | -21.6% | -23.9% | -42.9% | |
| Q3 2019 | -1.9% | -5.9% | -4.8% | |
| Q2 2019 | +26.0% | +34.7% | +28.8% | |
| Q1 2019 | -10.2% | -6.9% | +1.1% | |
| Q4 2018 | -7.2% | -4.0% | -9.4% | |
| Q3 2018 | -0.5% | +3.3% | +16.9% | |
| Q2 2018 | -4.3% | -0.3% | +9.6% | |
| Q1 2018 | -7.6% | -7.6% | +15.4% | |
| Q4 2017 | -6.2% | -9.5% | -14.3% | |
| Q3 2017 | -1.1% | -1.4% | -9.6% | |
| Q2 2017 | +0.5% | +13.7% | +13.4% | |
| Q1 2017 | — | — | — | |
| Q4 2016 | — | — | — | |
| Q3 2016 | — | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro