Earnings Releases·Nov 5, 2026, 7:13 AM ET

Appian — Third Quarter 2026 Earnings Summary

Total revenue grew 25% year-over-year to $234.6 million, driven by a 28% increase in total subscriptions revenue to $187.8 million and a 20% rise in cloud subscriptions revenue to $136.4 million.
Profitability metrics expanded significantly, with GAAP net income rising to $12.3 million ($0.17 per share) from $7.8 million ($0.10 per share) in the prior year quarter, while Non-GAAP net income reached $37.1 million ($0.51 per share).
The company provided full-year 2026 guidance projecting total revenue between $873.0 million and $877.0 million (20–21% growth) and Non-GAAP EPS between $1.20 and $1.24.
Capital allocation included $83.0 million in common stock repurchases for the nine months ended September 30, 2026, while total debt decreased to $199.5 million from $240.8 million at the end of 2025.
Cloud net ARR expansion reached 120% as of September 30, 2026, though net cash used by operating activities shifted to $(15.4) million for the quarter compared to $18.7 million provided in the prior year period.