Companies /Technology

Appian Corp - Class A

NASDAQ: APPN Software - Infrastructure
$42.33
â–² $0.93 (+2.24%) today
Markets open · 3:29pm ET

Q1 2026 Earnings

Reported May 7, 2026, 7:22am ET · SEC source
$0.27
Beat +46.10%
EPS · est. $0.18
$202.2M
Beat +5.44%
Revenue · est. $191.7M
+0.5%
Beating market
APPN vs S&P since report
5 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−8%−4%0May 7May 8report 7:22am ETearnings+0.4%−5.8%
−8%−4%0May 7May 8earnings+0.4%−5.8%
APPN −5.8%S&P 500 +0.4%
−8%−4%0May 7May 8report 7:22am ETearnings+2.0%−5.8%
−8%−4%0May 7May 8earnings+2.0%−5.8%
APPN −5.8%NASDAQ +2.0%
−21%−14%−7%0May 6May 15report 7:22am ETearnings+0.8%−18.5%
−21%−14%−7%0May 6May 15earnings+0.8%−18.5%
APPN −18.5%S&P 500 +0.8%
−16%−8%0May 6May 15report 7:22am ETearnings+1.8%−18.5%
−16%−8%0May 6May 15earnings+1.8%−18.5%
APPN −18.5%NASDAQ +1.8%
+2.50%
Day of report
−7.74%
Next session
−19.11%
One week
+1.22%
30 days

S&P 500 over the same 30 days: +0.75%.

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 46.10% 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

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.

APPN YoY Financials

Q1 2026 vs Q1 2025 · SEC filings Q1 2025 Q1 2026
$0$60.0M$120.0M$180.0M$166.4M$202.2MRevenue$127.5M$147.8MGross Profit$545,624$3.2MOperating Income$-2,165,270$-1,525,000Net Income
$0$60.0M$120.0M$180.0MRevenueGross ProfitOperating IncomeNet Income

APPN Revenue by Segment

Subscriptions$160.3M+19.0%
Cloud Subscriptions$124.5M+25.0%
Professional Services$41.9M+31.0%

Figures from SEC filings and company reports. Not investment advice.