NASDAQ$APPN
Appian Corporation · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Appian's Q2 2022 financial results were announced, with cloud subscription revenue increasing by 34% year-over-year.
Appian reported a 33% increase in total revenue, driven by a 34% increase in cloud subscription revenue. The company's cloud subscription revenue retention rate was 116%. However, the company experienced an increased GAAP operating loss and net loss compared to the same quarter of the previous year.
- Cloud subscription revenue increased 34% year-over-year to $57.1 million.
- Total revenue was $110.1 million, up 33% compared to the second quarter of 2021.
- Cloud subscription revenue retention rate was 116% as of June 30, 2022.
- GAAP net loss per share was $(0.68) for the second quarter of 2022.
Headline financials
Revenue & EPS history
Appian · Revenue · Quarterly
$110M
Revenue by segment
Appian · $90.5M total across 2 segments · Q2 2022
- Cloud Subscriptions$57.1M+34.4%63.1%
- Professional Services$33.4M+28.2%36.9%
Forward guidance
Appian provided guidance for the third quarter and full year 2022, including expectations for cloud subscription revenue, total revenue, adjusted EBITDA loss, and non-GAAP net loss per share.
Tailwinds
- Cloud subscription revenue is expected to be between $60.8 million and $61.3 million in Q3 2022, representing year-over-year growth of 30% to 31%.
- Total revenue is expected to be between $115.0 million and $117.0 million in Q3 2022, representing a year-over-year increase of 24% to 27%.
- Cloud subscription revenue is expected to be between $236.0 million and $238.0 million for full year 2022, representing year-over-year growth of 32% to 33%.
- Total revenue is expected to be between $466.0 million and $470.0 million for full year 2022, representing a year-over-year increase of 26% to 27.
- Non-GAAP net loss per share is expected to be between $(0.23) and $(0.20) for Q3 2022.
Headwinds
- Adjusted EBITDA loss is expected to be between $(15.0) million and $(13.0) million for Q3 2022.
- Non-GAAP net loss per share is expected to be between $(0.91) and $(0.86) for full year 2022.
- Adjusted EBITDA loss is expected to be between $(53.0) million and $(50.0) million for full year 2022.
- GAAP operating loss was $(42.7) million, compared to $(24.6) million for the second quarter of 2021.
- GAAP net loss was $(49.4) million, compared to $(23.8) million for the second quarter of 2021.
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 2022
-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 | — | — | — |
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