The financials
Appian Corporation by the numbers
Appian Corporation (APPN) reported revenue of $202M in Q1 2026 (quarter ended Mar 31, 2026), up 21% from the same quarter a year earlier. That came with a gross margin of 73% and net loss of $1.5M. For the full year FY2025, revenue was $727M (+18% year on year) and net income $1.2M. Its largest product in Jun 2026 was Cloud Subscriptions at $132M, 65% of the disclosed total, well ahead of Professional Services at 22%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $202M | $166M | +21% |
| Gross profit | $148M | $122M | +21% |
| Operating income | $3.2M | −$834K | to a profit |
| Net income | −$1.5M | −$1.2M | n/a |
| Diluted EPS | −$0.02 | −$0.02 | n/a |
| Product | Revenue | Share |
|---|---|---|
| Cloud Subscriptions | $132M | 65% |
| Professional Services | $46M | 22% |
| Other Subscriptions | $26M | 13% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $203.3M (+0.53%)
Cloud Subscriptions grew +23% year on yearOther Subscriptions +1.1% year on year
Segment Latestquarter on quarteryear on year
- Cloud Subscriptions$131.7M$131.7MQoQ +5.7%year on year +23%+5.7%+23%
- Professional Services$45.6M$45.6MQoQ +8.8%year on year +20%+8.8%+20%
- Other Subscriptions$26.0M$26.0MQoQ -27%year on year +1.1%-27%+1.1%
Software - Infrastructure
Ranks #61 of 64 by Smart Score