Appian (APPN) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Appian published the results on November 5, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Appian reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Appian's non-GAAP results exclude legal fees for its trade-secret case against Pegasystems and amortization of a judgment preservation insurance policy. The Supreme Court of Virginia sent the case back for a retrial, which the Circuit Court set to begin on January 11, 2027.

Source: Appian Q3 2026 results, November 5, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Appian splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Appian's Subscriptions revenue was $188 million in Q3 2026, up 28% from $147 million in Q3 2025, 80% of total revenue.
• Appian's Professional services revenue was $46.9 million in Q3 2026, up 18% from $39.8 million in Q3 2025, 20% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

The first three quotes are Appian's outlook for the fourth quarter of 2026; the last is its full-year 2026 revenue outlook.

In its Q3 2026 release, Appian said:

“Cloud subscriptions revenue is expected to be between $143.0 million and $145.0 million, representing year-over-year growth of 22% to 24%.”

“Total revenue is expected to be between $233.0 million and $237.0 million, representing a year-over-year increase of 15% to 17%.”

“Non-GAAP earnings per share is expected to be between $0.30 and $0.34, assuming weighted average common shares outstanding of 73.4 million.”

“Total revenue is expected to be between $873.0 million and $877.0 million, representing a year-over-year increase of 20% to 21%.”

Source: Appian Q3 2026 release, Nov 5, 2026.

This is the company's own guidance as of Nov 5, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the APPN forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and diluted EPS, each as first reported in that quarter's release.

We do not hold a confirmed date for Appian's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 5, 2026

Appian had total revenue of $234.6 million in Q3 2026, up 25% from a year earlier. Subscriptions brought in $187.8 million, up 28%, and professional services $46.9 million, up 18%. Within subscriptions, cloud subscriptions were $136.4 million, up 20%, and other subscriptions, mainly self-managed licenses with their maintenance and support, were $51.4 million against $33.6 million a year earlier. (Appian Q3 2026 release (8-K Exhibit 99.1), Nov 5, 2026; Appian Form 10-Q, Q3 2026, Nov 5, 2026)

Appian sells its process automation platform mostly on a per-user basis, through single application licenses or on consumption-based pricing, on contracts that generally run one to three years. Partners including Accenture, Deloitte, KPMG and PwC refer customers and deliver services on the platform themselves. (Appian Form 10-Q, Q3 2026, Nov 5, 2026)

Appian's 10-Q attributes $37.1 million of the $40.6 million rise in subscriptions revenue to existing customers, through expanded deployments, price increases on renewals and additional subscriptions, and $3.4 million to new customers. Cloud subscriptions added $22.8 million and other subscriptions $17.8 million. (Appian Form 10-Q, Q3 2026, Nov 5, 2026)

U.S. federal government agencies produced 30.1% of Appian's total revenue in Q3 2026, up from 25.0% a year earlier, though no single end customer passed 10%. Customers outside the United States produced 37.7% of revenue, against 39.7% in Q3 2025. For all of 2025 the federal share was 25.3%. (Appian Form 10-Q, Q3 2026, Nov 5, 2026; Appian Form 10-K, 2025, Feb 19, 2026)

Appian had $635.9 million of remaining performance obligations at September 30, 2026, and expects to recognize $451.9 million of it as revenue over the next 12 months. (Appian Form 10-Q, Q3 2026, Nov 5, 2026)

Appian earned GAAP net income of $12.3 million, or $0.17 per diluted share, in Q3 2026, against $7.8 million, or $0.10, a year earlier. Non-GAAP net income was $37.1 million, or $0.51 per share, up from $0.32. Stock-based compensation of $12.6 million is the largest adjustment. Appian also adds back $4.7 million of Litigation Expense tied to the Pegasystems cases, $1.7 million of JPI Amortization for its judgment preservation insurance, and unrealized foreign exchange losses. (Appian Q3 2026 release (8-K Exhibit 99.1), Nov 5, 2026)

Appian's diluted share count fell to 72,741 thousand from 74,575 thousand a year earlier. Its board authorized a $50.0 million repurchase program in February 2026 and added $50.0 million in May. In Q3 2026 Appian bought back 0.5 million shares at an average price of $31.41, for $17.3 million. (Appian Q3 2026 release (8-K Exhibit 99.1), Nov 5, 2026; Appian Form 10-Q, Q3 2026, Nov 5, 2026)

Interest expense fell to $3.3 million from $5.3 million, which Appian put down to a lower effective interest rate and lower outstanding principal. Over the first nine months of 2026 it borrowed $200.0 million and repaid $241.6 million of debt. (Appian Q3 2026 release (8-K Exhibit 99.1), Nov 5, 2026; Appian Form 10-Q, Q3 2026, Nov 5, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Appian publishes a numeric outlook in each release. For the fourth quarter of 2026 it expects cloud subscriptions revenue of $143.0 million to $145.0 million, total revenue of $233.0 million to $237.0 million, adjusted EBITDA of $30.0 million to $33.0 million and non-GAAP EPS of $0.30 to $0.34. (Appian Q3 2026 release (8-K Exhibit 99.1), Nov 5, 2026)

For full year 2026 Appian expects cloud subscriptions revenue of $536.0 million to $538.0 million, total revenue of $873.0 million to $877.0 million and non-GAAP EPS of $1.20 to $1.24. It does not reconcile the non-GAAP EPS and adjusted EBITDA guidance to GAAP. (Appian Q3 2026 release (8-K Exhibit 99.1), Nov 5, 2026)

A consensus figure is the average of the models published by the analysts who cover Appian, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Appian's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning APPN is on is APPN a buy or a sell?, what analysts expect next is on the APPN forecast, and what the company does is on the Appian (APPN) stock page.

Every number on this page can be traced to a document Appian published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.