Appian announced its financial results for the second quarter of 2025, showcasing significant growth in cloud subscriptions and overall revenue. The business process management (BPM) vendor attributed its robust performance to the successful implementation of Appian AI.
The company reported quarterly revenue growth of 17 percent year-on-year to US$170.64 million, beating the analyst consensus estimate of $159.70 million. Appian’s shares subsequently rose by 13.7 percent.
“Appian AI drove strong financial results in the second quarter of 2025, with higher prices and a larger pipeline,” said Matt Calkins, CEO and founder.
Appian recently announced global leadership changes to grow its artificial intelligence (AI) and process orchestration offerings.
Appian’s Q2 2025 financial highlights
Cloud subscriptions revenue was $106.9 million, up 21 percent compared to the second quarter of 2024. Total subscriptions revenue, which includes sales of cloud subscriptions, on-premises term license subscriptions and maintenance and support, increased 17 percent year-over-year to $132.7 million. Professional services revenue was $38.0 million, up 13 percent compared to the second quarter of 2024.
Generally accepted accounting principles (GAAP) operating loss was $11.0 million, compared to GAAP operating loss of $39.2 million for the second quarter of 2024. Non-GAAP operating income was $5.6 million, compared to non-GAAP operating loss of $13.1 million for the same period last year.
GAAP net loss was $0.3 million, compared to $43.6 million for the second quarter of 2024, while GAAP net loss per share was breakeven for the second quarter of 2025, compared to $0.60.
Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) was $8.1 million, compared to adjusted EBITDA loss of $10.5 million for the second quarter of 2024. Net cash used by operating activities was $1.9 million for the three months ended June 30, 2025 compared to $17.6 million of net cash used by operating activities for the same period in 2024.
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Appian raises full-year outlook
Looking ahead, Appian raised its full-year outlook. It now expects revenue between $695 million and $703 million, above the analyst consensus of $682.1 million. Cloud subscriptions revenue is expected to be between $429.0 million and $433.0 million, representing year-over-year growth of 17 percent to 18 percent.
The company also projected full-year non-GAAP earnings per share of $0.28 to $0.36, exceeding the consensus estimate of $0.22.
For the third quarter, Appian forecasts revenue of $172 million to $176 million, slightly above analyst expectations of $171.7 million, with non-GAAP earnings per share between $0.03 and $0.07.
This week, Appian also announced new features in its platform including AI smart search and AI for self-managed environments.