Appian (APPN) Cost of Revenue (2016 - 2026)

Appian (APPN) posted Cost of Revenue of $54.4 million for Q1 2026, down 23.87% on a QoQ basis from $71.5 million in Q4 2025, and up 23.55% year-over-year from $44.0 million in Q1 2025.

Appian (APPN) Cost of Revenue (2016 - 2026) Analysis & Trends

Appian's Cost of Revenue history runs 11 years deep, the most recent figure standing at $54.4 million for Q1 2026.

  • Quarterly Cost of Revenue rose 23.55% year-over-year to $54.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $215.1 million (up 23.42% YoY) and the FY2025 annual result came in at $199.6 million, up 18.64% from the prior year.
  • Cost of Revenue was $54.4 million for Q1 2026 at Appian, down from $71.5 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $71.5 million in Q4 2025 and bottomed at $30.9 million in Q1 2022.
  • A 5-year average of $42.4 million and a median of $38.0 million in 2024 frame the typical range for Cost of Revenue.
  • Annual changes were most pronounced in 2023 — Cost of Revenue jumped 45.71% — and 2024, when it increased 2.81%.
  • Appian's Cost of Revenue stood at $35.2 million in 2022, then soared by 45.71% to $51.3 million in 2023, then climbed by 4.7% to $53.7 million in 2024, then jumped by 32.97% to $71.5 million in 2025, then slipped by 23.87% to $54.4 million in 2026.
  • Business Quant data shows APPN's Cost of Revenue at $54.4 million in Q1 2026, $71.5 million in Q4 2025, and $45.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 26.83 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 71.28 Mn
3 Oracle 344.13 Bn 312.24 Bn - -
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 215.80 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 685.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 311.70 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 364.50 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 184.16 Mn
10 Appian 2.02 Bn 1.81 Bn 147.77 Mn 54.41 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 54.41 Mn
Mar 31, 2026 54.41 Mn
Dec 31, 2025 71.47 Mn
Dec 31, 2025 71.47 Mn
Sep 30, 2025 45.29 Mn
Sep 30, 2025 45.29 Mn
Jun 30, 2025 43.92 Mn
Jun 30, 2025 43.92 Mn
Mar 31, 2025 44.04 Mn
Mar 31, 2025 44.04 Mn
Dec 31, 2024 53.75 Mn
Dec 31, 2024 53.75 Mn
Sep 30, 2024 37.08 Mn
Sep 30, 2024 37.08 Mn
Jun 30, 2024 39.41 Mn
Jun 30, 2024 39.41 Mn
Mar 31, 2024 38.00 Mn
Mar 31, 2024 38.00 Mn
Dec 31, 2023 51.34 Mn
Dec 31, 2023 51.34 Mn