Appian (APPN) Q4 2025 Earnings
Reported Feb 19, 2026 at 7:31 AM ET · SEC Source
Q4 25 EPS
$0.15
BEAT +91.57%
Est. $0.08
Q4 25 Revenue
$202.9M
BEAT +7.19%
Est. $189.3M
vs S&P Since Q4 25
-0.1%
TRAILING MARKET
APPN +8.6% vs S&P +8.7%
Full Year 2025 Results
FY 25 EPS
$0.61
FY 25 Revenue
$726.9M
Market Reaction
Did APPN Beat Earnings? Q4 2025 Results
Appian delivered a strong finish to fiscal 2025, posting Q4 revenue of $202.87 million, up 21.7% year-over-year and ahead of the $189.26 million consensus by 7.19%, while non-GAAP EPS of $0.15 beat the $0.08 estimate by 91.57%. The primary engine beh… Read more Appian delivered a strong finish to fiscal 2025, posting Q4 revenue of $202.87 million, up 21.7% year-over-year and ahead of the $189.26 million consensus by 7.19%, while non-GAAP EPS of $0.15 beat the $0.08 estimate by 91.57%. The primary engine behind the quarter's top-line momentum was a 36% surge in professional services revenue to $40.60 million, complemented by cloud subscriptions revenue of $117.00 million, up 18%, with cloud net annualized recurring revenue expansion holding at 114%, reflecting steady customer retention and upsell activity. For the full year, Appian swung to GAAP net income of $1.23 million from a net loss of $92.26 million in FY 2024, with adjusted EBITDA nearly quadrupling to $76.80 million. Looking ahead, the company guided full-year 2026 total revenue of $801.00 million to $817.00 million and adjusted EBITDA of $89.00 million to $99.00 million, signaling continued operating leverage as recent enterprise wins, including a U.S. Army AI transformation agreement, broaden its revenue base.
Key Takeaways
- • Cloud subscriptions revenue grew 18% YoY in Q4 to $117.0 million
- • Professional services revenue surged 36% YoY in Q4
- • Cloud net annualized recurring revenue expansion was 114% as of December 31, 2025
- • Full year operating cash flow increased to $62.9 million from $6.9 million
APPN YoY Financials
Q4 2025 vs Q4 2024, source: SEC Filings
APPN Revenue by Segment
With YoY comparisons, source: SEC Filings
APPN Earnings Trends
APPN vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
APPN EPS Trend
Earnings per share: estimate vs actual
APPN Revenue Trend
Quarterly revenue: estimate vs actual
APPN Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $0.18 | $0.27 | +46.10% | $202.2M | +5.44% |
| Q4 25 BEAT FY | $0.08 | $0.15 | +91.57% | $202.9M | +7.19% |
| FY Full Year | — | $0.61 | — | $726.9M | — |
| Q3 25 BEAT | $0.05 | $0.32 | +490.41% | $187.0M | +7.38% |
| Q2 25 BEAT | $-0.13 | $0.00 | +100.00% | $170.6M | +6.62% |