Quarterly ResultMay 7, 2026, 07:07 AM
Appian Q1 Revenue $202.2M, +21%; Non-GAAP EPS $0.27
AI Summary
Appian announced strong financial results for Q1 2026, with total revenue increasing 21% year-over-year to $202.2 million and cloud subscriptions revenue growing 25% to $124.5 million. The company achieved GAAP operating income of $3.2 million, a significant improvement from a loss in the prior year, and non-GAAP net income per share of $0.27. Appian also provided optimistic guidance for Q2 and the full year 2026, projecting continued growth in cloud subscriptions and total revenue.
Key Highlights
- Q1 2026 total revenue increased 21% year-over-year to $202.2 million.
- Cloud subscriptions revenue grew 25% year-over-year to $124.5 million.
- GAAP operating income was $3.2 million, up from a $(0.8) million loss in Q1 2025.
- Non-GAAP operating income rose to $24.4 million from $14.3 million in Q1 2025.
- Non-GAAP net income per share was $0.27, compared to $0.13 in Q1 2025.
- Adjusted EBITDA increased to $26.6 million from $16.8 million year-over-year.
- Q2 2026 cloud subscriptions revenue guidance is $126.0M to $128.0M.
- Full Year 2026 Adjusted EBITDA guidance is $97.0M to $105.0M.