APPIAN CORP has recently released its 10-Q report. Appian Corporation is a software company that sells its Appian Platform in the United States and internationally, with operations in 16 countries as of June 30, 2026. The company’s business centers on process automation software, cloud and license subscriptions, and related professional and support services, with customers concentrated in financial services, government, life sciences, insurance, manufacturing, energy, healthcare, telecommunications, and transportation.
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
Appian said its revenue is driven primarily by subscriptions, including cloud subscriptions bundled with maintenance, support and hosting, and self-managed license subscriptions bundled with maintenance and support. Subscription contracts are generally priced by user count, single-application licenses, or consumption, and terms typically run one to three years, with most customers paying in advance on an annual, quarterly, or monthly basis.
The company said cloud subscriptions revenue rose to $131.7 million in the three months ended June 30, 2026, from $106.9 million a year earlier, an increase of 23.2%. For the six-month period, cloud subscriptions revenue increased to $256.2 million from $206.7 million, up 23.9%.
Appian’s cloud net ARR expansion was 115% as of June 30, 2026, compared with 113% a year earlier. The company described that measure as a comparison of the prior year’s customer cohort ARR against current-period ARR on a constant-currency basis.
The company said U.S. federal government agencies accounted for 26.1% of total revenue in the three months ended June 30, 2026, and 26.0% in the first six months of 2026. In the comparable 2025 periods, federal agencies represented 25.9% and 24.9% of total revenue, respectively.
International business remained a significant part of the mix. Revenue from customers outside the United States was 38.2% of total revenue in the second quarter of 2026 and 37.9% in the first half, compared with 38.4% and 37.3% in the same periods of 2025.
Appian said no single end-customer accounted for more than 10% of total revenue in either the three* or six-month periods ended June 30, 2026 or 2025. The company also said it continues to invest in sales, marketing, professional services, and partner channels, including relationships with Accenture, Capgemini, Deloitte, Indra Group, KPMG, PwC, and TCS.
The filing said the company’s sales team generally targets organizations with more than 2,000 employees and at least $2.0 billion in annual revenue. Appian also said its sales representatives can take six months to a year to become productive, reflecting the length of its sales cycle. Today the company's shares have moved 0.5% to a price of $30.11. If you want to know more, read the company's complete 10-Q report here.
