Quarterly ResultMay 7, 2026, 01:13 PM
Appian Q1 Revenue +21.5% to $202.18M; Operating Income Positive
AI Summary
Appian reported a 21.5% increase in total revenue, reaching $202.18 million for the first quarter of 2026, driven by growth in both subscriptions and professional services. The company achieved an operating income of $3.16 million, a significant improvement from an operating loss in the prior year period. Despite the revenue growth, net loss slightly widened to $(1.53) million, though net loss per share remained flat at $(0.02).
Key Highlights
- Total revenue increased by 21.5% to $202.18 million for Q1 2026, up from $166.43 million in Q1 2025.
- Subscriptions revenue grew to $160.31 million in Q1 2026 from $134.35 million in Q1 2025.
- Professional services revenue rose to $41.87 million in Q1 2026 from $32.07 million in Q1 2025.
- Net loss for Q1 2026 was $(1.53) million, compared to $(1.18) million in Q1 2025.
- Basic and diluted net loss per share remained at $(0.02) for both Q1 2026 and Q1 2025.
- Operating income turned positive at $3.16 million in Q1 2026, from an operating loss of $(0.83) million in Q1 2025.
- Cash and cash equivalents increased to $150.03 million as of March 31, 2026.
- The company repurchased $21.81 million of common stock during Q1 2026.
Price Impact
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