Appian Corp
F:910
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Appian Corp
F:910
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Earnings Calls
Last Earnings Call
Strong Q2: Appian said cloud subscriptions revenue grew 23% to $131.7 million and total revenue grew 19% to $203.3 million, both above the company’s guidance range.
Guide raised: Management increased full-year cloud growth outlook to 20% and raised 2026 EBITDA margin guidance to about 13%, citing better execution and stronger demand.
AI demand: The company repeatedly said AI is helping, not hurting, deals, with 85% of Q2 new logos buying Appian’s AI and customer AI usage running 20x higher than last year’s Q2.
Broad strength: Management described demand as broad-based across regions and verticals, with public sector strong but not the only driver.
Margins and cash: Q2 adjusted EBITDA was $16.2 million, ahead of guidance, helped by stronger revenue and timing of expenses; Appian also refinanced its credit facility and expects interest expense to fall by about $4 million annually.