Appian

Appian (APPN) Q1 2026 Earnings

Reported May 7, 2026 at 7:22 AM ET · SEC Source

Q1 26 EPS

$0.27

BEAT +46.10%

Est. $0.18

Q1 26 Revenue

$202.2M

BEAT +5.44%

Est. $191.7M

vs S&P Since Q1 26

+8.4%

BEATING MARKET

APPN +10.8% vs S&P +2.4%

Market Reaction

Did APPN Beat Earnings? Q1 2026 Results

Appian posted a strong first quarter of 2026, beating Wall Street on both the top and bottom lines as accelerating cloud adoption drove results well ahead of expectations. The process automation software company reported non-GAAP EPS of $0.27, a 46.1… Read more Appian posted a strong first quarter of 2026, beating Wall Street on both the top and bottom lines as accelerating cloud adoption drove results well ahead of expectations. The process automation software company reported non-GAAP EPS of $0.27, a 46.10% beat against the $0.18 consensus estimate, while total revenue climbed 21.5% year over year to $202.18 million, topping the $191.75 million consensus by 5.44%. The standout driver was cloud subscriptions revenue, which rose 25% to $124.50 million, with a cloud net ARR expansion rate of 115% underscoring strong upsell momentum within the existing customer base. The company also swung to GAAP operating income of $3.16 million from a $834,000 loss a year ago, reflecting improved operating leverage. Alongside the results, Appian's board authorized a $50 million share repurchase program, signaling confidence in the outlook. For full-year 2026, management guided total revenue of $819.00 million to $831.00 million, representing 13% to 14% growth, with non-GAAP EPS of $0.94 to $1.05.

Key Takeaways

  • Cloud subscriptions revenue grew 25% year-over-year
  • Cloud net ARR expansion rate of 115%
  • Professional services revenue increased 31% year-over-year
  • Non-GAAP operating income grew to $24.4 million from $14.3 million year-over-year
  • Adjusted EBITDA increased to $26.6 million from $16.8 million year-over-year

APPN Forward Guidance & Outlook

For Q2 2026, Appian expects cloud subscriptions revenue of $126.0–$128.0 million (18%–20% YoY growth), total revenue of $191.0–$195.0 million (12%–14% YoY growth), adjusted EBITDA of $5.0–$8.0 million, and non-GAAP EPS of $(0.02)–$0.02. For full year 2026, the company expects cloud subscriptions revenue of $515.0–$521.0 million (18%–19% YoY growth), total revenue of $819.0–$831.0 million (13%–14% YoY growth), adjusted EBITDA of $97.0–$105.0 million, and non-GAAP EPS of $0.94–$1.05.

24/7 Wall St

APPN YoY Financials

Q1 2026 vs Q1 2025, source: SEC Filings

24/7 Wall St

APPN Revenue by Segment

With YoY comparisons, source: SEC Filings

Q2 25 Q1 26