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appian Appian Announces Second Quarter 2026 Financial Results August 6 , 2026 Cloud subscriptions revenue increased 23 % year - over - year to $ 131.7 million MCLEAN , Va . , Aug. 06 , 2026 ( GLOBE NEWSWIRE ) -- Appian ( Nasdaq : APPN ) today announced financial results for the second quarter ended June 30 , 2026 . Second Quarter 2026 Financial Highlights : • Revenue : Cloud subscriptions revenue was $ 131.7 million , up 23 % compared to the second quarter of 2025. Total subscriptions revenue increased 19 % year - over - year to $ 157.7 million . Professional services revenue was $ 45.6 million , an increase of 20 % compared to the second quarter of 2025. Total revenue was $ 203.3 million , up 19 % compared to the second quarter of 2025. Cloud net annualized recurring revenue ( " ARR " ) expansion was 115 % as of June 30 , 2026 . • Operating loss and non - GAAP operating income : GAAP operating loss was $ ( 5.4 ) million , compared to GAAP operating loss of $ ( 11.0 ) million for the second quarter of 2025. Non - GAAP operating income was $ 13.6 million , compared to non - GAAP operating income of $ 5.6 million for the second quarter of 2025 . • Net loss and non - GAAP net income : GAAP net loss was $ ( 11.8 ) million , compared to $ ( 0.3 ) million for the second quarter of 2025. GAAP net loss per share was $ ( 0.16 ) for the second quarter of 2026 , compared to breakeven for the second quarter of 2025. Non - GAAP net income was $ 9.2 million , compared to $ 0.3 million for the second quarter of 2025 . Non - GAAP net income per share was $ 0.13 , compared to breakeven for the second quarter of 2025 . • Adjusted EBITDA : Adjusted EBITDA was $ 16.2 million , compared to adjusted EBITDA of $ 8.1 million for the second quarter of 2025 . • Cash flows : Net cash provided by operating activities was $ 12.1 million for the three months ended June 30 , 2026 compared to $ ( 1.9 ) million of net cash used by operating activities for the same period in 2025 . A reconciliation of GAAP to non - GAAP financial measures has been provided in the tables following the financial statements in this press release . An explanation of these measures is also included below under the heading " Non - GAAP Financial Measures . " Financial Outlook : As of August 6 , 2026 , guidance for 2026 is as follows : • Third Quarter 2026 Guidance : • Cloud subscriptions revenue is expected to be between $ 133.0 million and $ 135.0 million , representing year - over - year growth of 17 % to 19 % . • Total revenue is expected to be between $ 214.0 million and $ 218.0 million , representing a year - over - year increase of 14 % to 17 % . • Adjusted EBITDA is expected to be between $ 30.0 million and $ 33.0 million . • Non - GAAP earnings per share is expected to be between $ 0.31 and $ 0.35 , assuming weighted average common shares outstanding of 72.6 million . • Full Year 2026 Guidance : • Cloud subscriptions revenue is expected to be between $ 525.0 million and $ 529.0 million , representing year - over - year growth of 20 % to 21 % . • Total revenue is expected to be between $ 845.0 million and $ 853.0 million , representing a year - over - year increase of 16 % to 17 % . • Adjusted EBITDA is expected to be between $ 104.0 million and $ 110.0 million . • Non - GAAP earnings per share is expected to be between $ 1.04 and $ 1.12 , assuming weighted average common shares outstanding of 73.2 million .