---
title: "Appian Q1 revenue beats estimates on cloud subscriptions growth"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285539509.md"
datetime: "2026-05-07T11:21:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285539509.md)
  - [en](https://longbridge.com/en/news/285539509.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285539509.md)
---

# Appian Q1 revenue beats estimates on cloud subscriptions growth

)

Overview

-   Process automation tech firm’s Q1 revenue rose 21%, beating analyst expectations
-   Adjusted EPS for Q1 beat consensus
-   Cloud subscriptions and professional services revenue both saw double-digit growth

Outlook

-   Appian expects Q2 cloud subscriptions revenue between $126 mln and $128 mln
-   Company sees Q2 total revenue between $191 mln and $195 mln
-   Appian forecasts full-year adjusted EBITDA between $97 mln and $105 mln

Result Drivers

-   CLOUD SUBSCRIPTIONS GROWTH - Cloud subscriptions revenue rose 25% year-over-year, supporting overall revenue growth
-   PROFESSIONAL SERVICES DEMAND - Professional services revenue increased 31% year-over-year
-   RECURRING REVENUE EXPANSION - Cloud net annualized recurring revenue expansion was 115% as of March 31, 2026 Company press release:

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Beat $202.20 $191.46

Revenue mln mln (6

Analysts

)

Q1 Beat $0.27 $0.18 (7

Adjusted Analysts

### EPS )

Q1 Net -$1.53

Income mln

Q1 Gross $147.77

Profit mln

### Q1 $144.61

Operatin mln

g

Expenses

### Q1 $3.16

Operatin mln

g Profit

### Q1 -$932,00

Pretax 0

Profit

Analyst Coverage

-   The current average analyst rating on the shares is “hold” and the breakdown of recommendations is 1 “strong buy” or “buy”, 6 “hold” and 1 “sell” or “strong sell”
-   The average consensus recommendation for the software peer group is “buy.”
-   Wall Street’s median 12-month price target for Appian Corp is $25.00, about 7.9% above its May 6 closing price of $23.18
-   The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 36 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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