Filing Flows › Appian (APPN) › Q3 2026
Appian (APPN) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Appian (APPN) reported revenue of $235M for the third quarter 2026 (Q3 2026), +25% from a year earlier and +15% from the quarter before. Operating margin was 9.1%, net earnings $12.3M (5.3% of revenue).
Appian, Q3 2026: revenue $235M (+26% year over year), operating margin 9.1%, net earnings $12.3M, operating cash flow −$15.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $235M | +15% | +25% |
| Gross profit | $171M | +18% | +26% |
| Operating profit | $21.3M | — | +62% |
| Net earnings | $12.3M | — | +58% |
| Operating cash flow | −$15.4M | -227% | — |
What changed
Revenue was $234.6M in Q3 2026, up 25% year over year and up 15% from the previous quarter. Cloud subscriptions was the largest line at 58% of revenue. Cloud subscriptions added $22.8M year over year (up 20%), 48% of the total change.
Gross margin was 72.9%, up 0.1 points from a year earlier. Operating profit was $21.3M, a 9.1% margin (up 2.1 points year over year). Of the extra revenue versus a year earlier, 17% reached operating profit, above the 7% margin then. Operating expenses grew 22% against revenue growth of 25%. The fastest-growing cost line was General & admin (+24%). Net earnings were $12.3M, up 58% year over year. The effective tax rate was 6.3%.
Operating cash flow was −$15.4M. Non-cash charges added back $2.9M of depreciation and amortization and $12.6M of share-based compensation. Working capital and other items used $43.2M. Capital expenditures of $4.6M exceeded it, leaving free cash flow of −$20.0M.
Questions
What was Appian's revenue in the third quarter 2026?
Appian (APPN) reported revenue of $235M for the third quarter 2026 (Q3 2026), +25% from a year earlier and +15% from the quarter before.
Was Appian profitable in the third quarter 2026?
Operating profit was $21.3M (9.1% of revenue) and net earnings $12.3M.
Source: Appian 10-Q on SEC EDGAR.