Filing Flows › Appian (APPN) › Q2 2026 › vs Q2 2025
Appian (APPN) Q2 2026 vs Q2 2025 (year over year)
Appian's revenue rose $32.6M (+19%) from $171M in Q2 2025 to $203M in Q2 2026. The biggest changes: Subscriptions +$25.0M (+19%); Professional services +$7.6M (+20%).
Appian, Q2 2026: revenue $203M (+19% year over year), operating margin -2.7%, net loss $11.8M, operating cash flow $12.1M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 4.8% | -1.8% | +6.6 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Cloud subscriptions | $132M | $107M | $24.8M | +23% |
| Other subscriptions | $26.0M | $25.7M | $273K | +1% |
| Subscriptions | $158M | $133M | $25.0M | +19% |
| Professional services | $45.6M | $38.0M | $7.6M | +20% |
| Revenue | $203M | $171M | $32.6M | +19% |
| Net loss | $11.8M | $312K | $11.5M | 38× |
| Costs & expenses | $215M | $183M | $31.9M | +17% |
| Operating costs | $209M | $182M | $27.1M | +15% |
| Interest & other, net | $4.6M | −$12.2M | $16.9M | — |
| Income tax | $1.8M | $1.6M | $197K | +13% |
| Cost of revenue | $58.5M | $49.0M | $9.6M | +20% |
| Research & development | $47.3M | $42.7M | $4.7M | +11% |
| Sales & marketing | $70.1M | $62.2M | $8.0M | +13% |
| General & admin | $32.8M | $27.9M | $4.9M | +18% |
| Operating cash sources | $23.9M | −$1.6M | $25.5M | — |
| Depreciation & amortization | $2.5M | $2.5M | −$17K | -0.7% |
| Share-based compensation | $10.6M | $10.7M | −$133K | -1% |
| Working capital & other | $10.8M | −$14.8M | $25.7M | — |
| Net loss absorbed | $11.8M | $312K | $11.5M | 38× |
| Operating cash flow | $12.1M | −$1.9M | $14.0M | — |
| Free cash flow (OCF − capex) | $9.8M | −$3.1M | $12.9M | — |
| Capital expenditures | $2.3M | $1.1M | $1.2M | +101% |
Questions
How much did Appian's revenue grow year over year in Q2 2026?
Appian's revenue rose $32.6M (+19%) from $171M in Q2 2025 to $203M in Q2 2026.
What drove Appian's revenue change in Q2 2026?
Subscriptions +$25.0M (+19%); Professional services +$7.6M (+20%).