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| Date | Value |
|---|---|
| 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 |