Filing Flows › Appian (APPN) › Q2 2026
Appian (APPN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Appian (APPN) reported revenue of $203M for the second quarter 2026 (Q2 2026), +19% from a year earlier and +0.5% from the quarter before. Operating margin was -2.7%, net loss $11.8M (5.8% of revenue).
Appian, Q2 2026: revenue $203M (+19% year over year), operating margin -2.7%, net loss $11.8M, operating cash flow $12.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $203M | +0.5% | +19% |
| Operating profit | −$5.4M | — | — |
| Net earnings | −$11.8M | — | — |
| Operating cash flow | $12.1M | -75% | — |
| Free cash flow | $9.8M | -80% | — |
What changed
Revenue was $203.3M in Q2 2026, up 19% year over year and up 1% from the previous quarter. Cloud subscriptions was the largest line at 65% of revenue. Cloud subscriptions added $24.8M year over year (up 23%), 76% of the total change.
Gross margin was 71.2%, down 0.1 points from a year earlier. Operating costs exceeded revenue by $5.4M, an operating margin of -2.7%. Operating expenses grew 13% against revenue growth of 19%. The fastest-growing cost line was General & admin (+18%). The quarter ended with a net loss of $11.8M, wider than the previous quarter's $1.5M loss.
Operating cash flow was $12.1M. Non-cash charges added back $2.5M of depreciation and amortization and $10.6M of share-based compensation. Working capital and other items added $10.8M. Capital expenditures of $2.3M left free cash flow of $9.8M.
Questions
What was Appian's revenue in the second quarter 2026?
Appian (APPN) reported revenue of $203M for the second quarter 2026 (Q2 2026), +19% from a year earlier and +0.5% from the quarter before.
Was Appian profitable in the second quarter 2026?
Operating loss was $5.4M (-2.7% of revenue) and net loss $11.8M.
Source: Appian 10-Q on SEC EDGAR.