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
DateValue
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