Quarterly ResultAug 6, 2026, 07:27 AM
Appian Q2 Cloud Subscriptions Revenue Up 23% to $131.7M; Non-GAAP EPS $0.13
AI Summary
Appian Corporation announced its second quarter 2026 financial results, reporting a 23% year-over-year increase in cloud subscriptions revenue to $131.7 million and a 19% rise in total revenue to $203.3 million. While GAAP net loss widened to $(11.8) million, non-GAAP net income significantly improved to $9.2 million, or $0.13 per share. The company also provided positive guidance for the third quarter and full year 2026, expecting continued growth in cloud subscriptions and total revenue.
Key Highlights
- Cloud subscriptions revenue increased 23% year-over-year to $131.7 million.
- Total revenue grew 19% year-over-year to $203.3 million.
- Non-GAAP operating income rose to $13.6 million from $5.6 million in Q2 2025.
- Non-GAAP net income was $9.2 million, or $0.13 per share.
- Adjusted EBITDA increased to $16.2 million from $8.1 million in Q2 2025.
- Net cash provided by operating activities was $12.1 million, up from $(1.9) million.
- Q3 2026 Cloud subscriptions revenue guidance: $133.0 million to $135.0 million.
- Full Year 2026 Total revenue guidance: $845.0 million to $853.0 million.
Price Impact
More from APPN