Appian Q1 Cloud Subscriptions Revenue Soars 25% to $124.5M, Guides 18–20% Q2 Growth
APPN•Appian’s Q1 2026 cloud subscriptions revenue jumped 25% year-over-year to $124.5 million, driving total subscriptions revenue to $160.3 million and overall revenue to $202.2 million, up 21%. Non-GAAP operating income climbed to $24.4 million versus $14.3 million a year earlier, and Q2 cloud subscriptions are guided up 18–20%.
1. Revenue Growth
Appian’s cloud subscriptions revenue rose 25% year-over-year to $124.5 million in Q1 2026, contributing to total subscriptions revenue of $160.3 million (up 19%) and overall revenue of $202.2 million (up 21%). Professional services revenue increased 31% to $41.9 million, while cloud net ARR expansion reached 115% as of March 31.
2. Profitability and Cash Flows
GAAP operating income improved to $3.2 million from a $0.8 million loss in Q1 2025, while non-GAAP operating income climbed to $24.4 million from $14.3 million. GAAP net loss was $1.5 million and non-GAAP net income reached $19.8 million, supported by adjusted EBITDA of $26.6 million.
3. Cash Flow Performance
Net cash provided by operating activities totaled $48.8 million for the quarter, up from $45.0 million a year earlier, reflecting strong subscription renewals and growth in professional services engagements.
4. Outlook and Guidance
For Q2 2026, cloud subscriptions revenue is expected between $126.0 million and $128.0 million (18–20% growth), total revenue of $191.0 million to $195.0 million (12–14% growth) and adjusted EBITDA of $5.0 million to $8.0 million. Full-year guidance calls for cloud subscriptions of $515.0 million to $521.0 million (18–19% growth), total revenue of $819.0 million to $831.0 million (13–14% growth) and non-GAAP earnings per share of $0.94 to $1.05.
