Cloud Subscription Revenue Growth
Appian's cloud subscription revenue grew 15% year-over-year to $99.8 million.
Adjusted EBITDA Performance
Adjusted EBITDA was $16.8 million, a strong follow-up to the prior quarter's adjusted EBITDA of $21.2 million.
AI Integration Success
70% of Appian's cloud customers have adopted AI, with year-over-year production AI usage increasing by 7.9 times in Q1 compared to all of 2024.
Federal Government Bookings Growth
Federal Government bookings, including both net new software and services, grew 59% compared to the same period last year.
AI Monetization
Revenue from AI-inclusive tiers more than doubled in Q1 relative to Q4, rising to $9 million.
Sales and Marketing Efficiency
Net new bookings per sales rep rose more than 30% compared to the same period last year.
Strong Cash Flow
Cash provided by operations was $45 million compared to $18.9 million for the same period last year.