NASDAQ$APPN

Appian Corporation · Q1 2026 earnings

Q1 2026 earnings · · Before market open · Investor relations

Briefing

Appian reported Q1 2026 total revenue of $202.2M and a net loss of $1.5M as subscription mix improved.

Q1 2026 total revenue was $202.2 million (+22% YoY) with subscription revenue growth driving the top line. Net loss narrowed to $1.5 million from $1.2 million; cloud and government deal activity remained central to the low-code platform story.

  • Total revenue $202.2M (+22% YoY).
  • Net loss $(1.5)M (near breakeven).
  • Subscription revenue mix increasing.
  • Federal and enterprise pipeline cited in MD&A.

Headline financials

Total Revenue

$202M

Previous: $166M+21.5%
EPS (adj)

-$0.02

Previous: -$0.02+0.0%
Capital Expenditures

-$188K

Previous: -$651K+71.1%
Net Income

-$1.53M

Previous: -$1.18M-29.6%
Operating Income

$3.16M

Previous: -$834K+478.4%
Gross Profit

$148M

Previous: $128M+15.9%

Revenue & EPS history

Appian · Revenue · Quarterly

$202M

Q1 2026+21.5%vs Q1 2025
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Appian · $110M total across 2 segments · Q3 2023

  • Cloud Subscriptions
    $77.2M+27.4%
  • Professional Services
    $33.3M+6.0%

Forward guidance

Software company discusses subscription growth, federal sector, and path to profitability without precise EPS guide in 10-Q.

Tailwinds

  • Revenue growth accelerated on subscription model.
  • Approaching operating breakeven on GAAP net income.

Headwinds

  • Still slightly GAAP unprofitable.
  • Enterprise sales cycles remain long and lumpy.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.4%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+2.6%

Avg return

30 days after

49%

17 / 35 earnings

Positive

+30.8%

Q3 2025

Best reaction

-21.6%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.5%-11.5%+6.7%
Q4 2025+1.8%+3.7%+5.2%
Q3 2025+30.8%+50.8%+39.7%
Q1 2025+5.3%+8.2%+5.8%
Q4 2024+16.2%+3.7%-3.9%
Q3 2024+0.7%-1.3%+0.4%
Q2 2024-19.2%-24.8%-12.2%
Q1 2024-12.9%-13.3%-22.7%
Q4 2023+11.5%+8.3%+8.4%
Q3 2023+2.0%-2.2%-3.7%
Q2 2023+2.3%-0.4%+2.3%
Q1 2023+5.5%-0.1%+34.5%
Q4 2022+3.9%-3.6%-5.9%
Q3 2022-19.1%-26.3%-19.9%
Q2 2022-1.4%-6.8%-21.9%
Q1 2022-7.2%+16.4%-4.0%
Q4 2021+1.6%-3.6%+13.1%
Q3 2021-8.4%+3.1%-29.9%
Q2 2021-5.7%-2.4%+3.7%
Q1 2021-13.7%-13.2%-11.1%
Q4 2020-5.9%-16.5%-30.0%
Q3 2020+28.2%+36.8%+114.0%
Q2 2020+1.9%-8.2%+10.4%
Q1 2020+0.4%-2.2%+8.9%
Q4 2019-21.6%-23.9%-42.9%
Q3 2019-1.9%-5.9%-4.8%
Q2 2019+26.0%+34.7%+28.8%
Q1 2019-10.2%-6.9%+1.1%
Q4 2018-7.2%-4.0%-9.4%
Q3 2018-0.5%+3.3%+16.9%
Q2 2018-4.3%-0.3%+9.6%
Q1 2018-7.6%-7.6%+15.4%
Q4 2017-6.2%-9.5%-14.3%
Q3 2017-1.1%-1.4%-9.6%
Q2 2017+0.5%+13.7%+13.4%
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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