Filing Flows › Appian (APPN) › Q3 2026 › vs Q2 2026
Appian (APPN) Q3 2026 vs Q2 2026 (quarter over quarter)
Appian's revenue rose $31.4M (+15%) from $203M in Q2 2026 to $235M in Q3 2026. The biggest changes: Subscriptions +$30.1M (+19%); Professional services +$1.3M (+3%). Gross margin 72.9% against 71.2% (+1.7 pts).
Appian, Q3 2026: revenue $235M (+26% year over year), operating margin 9.1%, net earnings $12.3M, operating cash flow −$15.4M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 72.9% | 71.2% | +1.7 pts |
| Operating margin | 9.1% | -2.7% | +11.8 pts |
| Net margin | 5.3% | -5.8% | +11.1 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Cloud subscriptions | $136M | $132M | $4.7M | +4% |
| Other subscriptions | $51.4M | $26.0M | $25.4M | +98% |
| Subscriptions | $188M | $158M | $30.1M | +19% |
| Professional services | $46.9M | $45.6M | $1.3M | +3% |
| Revenue | $235M | $203M | $31.4M | +15% |
| Gross profit | $171M | $145M | $26.4M | +18% |
| Cost of revenue | $63.5M | $58.5M | $5.0M | +8% |
| Operating profit | $21.3M | −$5.4M | $26.7M | — |
| Operating expenses | $150M | $150M | −$332K | -0.2% |
| Pre-tax earnings | $13.2M | −$10.0M | $23.2M | — |
| Other expense, net | $8.1M | $4.6M | $3.5M | +76% |
| Research & development | $50.6M | $47.3M | $3.2M | +7% |
| Sales & marketing | $65.8M | $70.1M | −$4.3M | -6% |
| General & admin | $33.5M | $32.8M | $706K | +2% |
| Net earnings | $12.3M | −$11.8M | $24.2M | — |
| Income tax | $836K | $1.8M | −$934K | -53% |
| Operating cash sources | $43.2M | −$10.8M | $54.0M | — |
| Depreciation & amortization | $2.9M | $2.5M | $368K | +15% |
| Share-based compensation | $12.6M | $10.6M | $2.0M | +19% |
| Cash used in operations | $15.4M | −$12.1M | $27.5M | — |
| Working capital & other | $43.2M | −$10.8M | $54.0M | — |
Questions
How much did Appian's revenue grow quarter over quarter in Q3 2026?
Appian's revenue rose $31.4M (+15%) from $203M in Q2 2026 to $235M in Q3 2026.
What drove Appian's revenue change in Q3 2026?
Subscriptions +$30.1M (+19%); Professional services +$1.3M (+3%).