--- title: "Appian | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 202.18 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285539830.md" datetime: "2026-05-07T11:24:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285539830.md) - [en](https://longbridge.com/en/news/285539830.md) - [zh-HK](https://longbridge.com/zh-HK/news/285539830.md) --- # Appian | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 202.18 M Revenue: As of FY2026 Q1, the actual value is USD 202.18 M, beating the estimate of USD 191.75 M. EPS: As of FY2026 Q1, the actual value is USD -0.02. EBIT: As of FY2026 Q1, the actual value is USD 3.24 M. #### Share Repurchase Program Appian Corporation’s Board of Directors has authorized a Share Repurchase Program to repurchase up to $50.0 million of its common stock, effective from May 2026 through February 2028, with repurchases potentially utilizing various methods including open market transactions or Rule 10b5-1 plans . The timing and amount of these purchases will depend on factors such as liquidity, market conditions, and alternative investment opportunities . #### First Quarter 2026 Financial Highlights ##### Revenue Cloud subscriptions revenue increased by 25% year-over-year to $124.5 million for the first quarter of 2026 . Total subscriptions revenue, which includes cloud subscriptions, other subscriptions, and related maintenance and support, grew by 19% year-over-year to $160.3 million . Professional services revenue rose by 31% to $41.9 million compared to the first quarter of 2025 . Overall, total revenue reached $202.2 million, marking a 21% increase from the first quarter of 2025 . ##### Operational Metrics As of March 31, 2026, Cloud net annualized recurring revenue (“ARR”) expansion stood at 115% . GAAP operating income was $3.2 million, a significant improvement from a GAAP operating loss of - $0.8 million in the first quarter of 2025 . Non-GAAP operating income increased to $24.4 million, up from $14.3 million in the first quarter of 2025 . The GAAP net loss was - $1.5 million, compared to - $1.2 million for the first quarter of 2025 . GAAP net loss per share was - $0.02 for both the first quarter of 2026 and 2025 . Non-GAAP net income was $19.8 million, an increase from $9.8 million in the first quarter of 2025 . Non-GAAP net income per share was $0.27, compared to $0.13 for the first quarter of 2025 . Adjusted EBITDA for the quarter was $26.6 million, an increase from $16.8 million in the first quarter of 2025 . ##### Cash Flow Net cash provided by operating activities for the three months ended March 31, 2026, was $48.8 million, an increase from $45.0 million for the same period in 2025 . #### Financial Outlook For the second quarter of 2026, Appian Corporation expects cloud subscriptions revenue to be between $126.0 million and $128.0 million, and total revenue to range from $191.0 million to $195.0 million . Adjusted EBITDA is projected between $5.0 million and $8.0 million, with non-GAAP earnings (loss) per share anticipated between - $0.02 and $0.02 . For the full year 2026, the company forecasts cloud subscriptions revenue between $515.0 million and $521.0 million, total revenue between $819.0 million and $831.0 million, adjusted EBITDA between $97.0 million and $105.0 million, and non-GAAP earnings per share between $0.94 and $1.05 . ### Related Stocks - [APPN.US](https://longbridge.com/en/quote/APPN.US.md) ## Related News & Research - [Assessing Whether Appian (APPN) Is Undervalued After Recent Share Price Weakness](https://longbridge.com/en/news/286662827.md) - [Appian Pitches Reliable AI, $825M Revenue Goal and Bigger Buyback at Investor Day](https://longbridge.com/en/news/286488339.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [Plex is tripling the price of a lifetime pass to $750 after doubling it last year](https://longbridge.com/en/news/286975868.md) - [Appian partners with Snowflake to link AI process orchestration with Snowflake AI Data Cloud](https://longbridge.com/en/news/287020183.md)