Appian (APPN) Cost of Revenue (2016 - 2026)
Appian (APPN) posted Cost of Revenue of $64.6 million for Q1 2026, down 42.84% quarter-over-quarter from $113.1 million in Q4 2025, and up 46.73% on a YoY basis from $44.0 million in Q1 2025.
Appian (APPN) Cost of Revenue (2016 - 2026) Analysis & Trends
Appian (APPN) has reported Cost of Revenue for 11 consecutive years, with $64.6 million the latest figure, recorded in Q1 2026.
- Quarterly Cost of Revenue rose 46.73% year-over-year to $64.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $290.0 million (up 12.3% YoY) and the FY2025 annual result came in at $241.2 million, up 1.15% from the prior year.
- Cost of Revenue came in at $64.6 million for Q1 2026 at Appian, down from $113.1 million in the prior quarter.
- The five-year high for Cost of Revenue was $141.0 million in Q4 2023, with the low at $35.2 million in Q4 2022.
- A 5-year average of $61.7 million and a median of $51.9 million in 2025 frame the typical range for Cost of Revenue.
- On a YoY basis, Cost of Revenue climbed as much as 300.12% in 2023 and fell as far as 34.4% in 2023.
- Tracing APPN's Cost of Revenue over 5 years: stood at $35.2 million in 2022, then jumped by 300.12% to $141.0 million in 2023, then retreated by 12.06% to $124.0 million in 2024, then slipped by 8.8% to $113.1 million in 2025, then plunged by 42.84% to $64.6 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $64.6 million in Q1 2026, $113.1 million in Q4 2025, and $51.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 6.81 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.07 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 215.80 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 823.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 463.58 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 636.30 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 184.16 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 396.38 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 3.15 Bn |
| 10 | Appian | 1.75 Bn | 1.55 Bn | 147.77 Mn | 64.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 64.62 Mn |
| Mar 31, 2026 | 64.62 Mn |
| Dec 31, 2025 | 113.05 Mn |
| Dec 31, 2025 | 113.05 Mn |
| Sep 30, 2025 | 51.92 Mn |
| Sep 30, 2025 | 51.92 Mn |
| Jun 30, 2025 | 60.46 Mn |
| Jun 30, 2025 | 60.46 Mn |
| Mar 31, 2025 | 44.04 Mn |
| Mar 31, 2025 | 44.04 Mn |
| Dec 31, 2024 | 123.96 Mn |
| Dec 31, 2024 | 123.96 Mn |
| Sep 30, 2024 | 50.87 Mn |
| Sep 30, 2024 | 50.87 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 | 140.96 Mn |
| Dec 31, 2023 | 140.96 Mn |