APPN

EX-99.1

2 appnex991earningsrelease-3.htm

EX-99.1

Document

Exhibit 99.1

Appian Announces First Quarter 2026 Financial Results

Cloud subscriptions revenue increased 25% year-over-year to $124.5 million, while cash flow provided by operations totaled $48.8 million.

McLean, VA – May 7, 2026 – Appian (Nasdaq: APPN) today announced financial results for the first quarter ended March 31, 2026.

First Quarter 2026 Financial Highlights:

•Revenue: Cloud subscriptions revenue was $124.5 million, up 25% compared to the first quarter of 2025. Total subscriptions revenue, which includes sales of our cloud subscriptions, other subscriptions, and the related maintenance and support, increased 19% year-over-year to $160.3 million. Professional services revenue was $41.9 million, an increase of 31% compared to the first quarter of 2025. Total revenue was $202.2 million, up 21% compared to the first quarter of 2025. Cloud net annualized recurring revenue (“ARR”) expansion was 115% as of March 31, 2026.

•Operating income (loss) and non-GAAP operating income: GAAP operating income was $3.2 million, compared to GAAP operating loss of $(0.8) million for the first quarter of 2025. Non-GAAP operating income was $24.4 million, compared to non-GAAP operating income of $14.3 million for the first quarter of 2025.

•Net loss and non-GAAP net income: GAAP net loss was $(1.5) million, compared to $(1.2) million for the first quarter of 2025. GAAP net loss per share was $(0.02) for the first quarter of 2026, compared to $(0.02) for the first quarter of 2025. Non-GAAP net income was $19.8 million, compared to $9.8 million for the first quarter of 2025. Non-GAAP net income per share was $0.27, compared to the $0.13 net income per share for the first quarter of 2025.

•Adjusted EBITDA: Adjusted EBITDA was $26.6 million, compared to adjusted EBITDA of $16.8 million for the first quarter of 2025.

•Cash flows: Net cash provided by operating activities was $48.8 million for the three months ended March 31, 2026 compared to $45.0 million of net cash provided 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 May 7, 2026, guidance for 2026 is as follows:

•Second Quarter 2026 Guidance:

◦Cloud subscriptions revenue is expected to be between $126.0 million and $128.0 million, representing year-over-year growth of 18% to 20%.

◦Total revenue is expected to be between $191.0 million and $195.0 million, representing a year-over-year increase of 12% to 14%.

◦Adjusted EBITDA is expected to be between $5.0 million and $8.0 million.

◦Non-GAAP earnings (loss) per share is expected to be between $(0.02) and $0.02, assuming weighted average common shares outstanding of 74.2 million.

•Full Year 2026 Guidance:

◦Cloud subscriptions revenue is expected to be between $515.0 million and $521.0 million, representing year-over-year growth of 18% to 19%.

◦Total revenue is expected to be between $819.0 million and $831.0 million, representing a year-over-year increase of 13% to 14%.

◦Adjusted EBITDA is expected to be between $97.0 million and $105.0 million.

◦Non-GAAP earnings per share is expected to be between $0.94 and $1.05, assuming weighted average common shares outstanding of 73.9 million.

Conference Call Details:

Appian will host a conference call today, May 7, 2026, at 8:30 a.m. ET to discuss Appian's financial results for the first quarter ended March 31, 2026 and business outlook.

To access the call, navigate to the following link(1). Once registered, participants can dial in using their phone with a dial in and PIN, or they can choose the Call Me option for instant dial to their phone. The live webcast of the conference call can also be accessed on the Investor Relations page of our website at https://investors.appian.com.

About Appian

Appian provides process automation technology. We automate complex processes in large enterprises and governments. Our platform is known for its unique reliability and scale. We’ve been automating processes for 25 years and understand enterprise operations like no one else. For more information, visit appian.com. [Nasdaq: APPN]

Non-GAAP Financial Measures

To supplement its consolidated financial statements, which are prepared and presented in accordance with GAAP, Appian provides investors with certain non-GAAP financial performance measures. Appian uses these non-GAAP financial performance measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. Appian’s management believes these non-GAAP financial measures provide meaningful supplemental information regarding Appian’s performance by excluding certain expenses that may not be indicative of our recurring core business opera

appn-20260219false000144168300014416832026-02-192026-02-19

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 19, 2026

Appian Corporation (Exact name of Registrant as Specified in Its Charter)

Delaware001-3809854-1956084 (State or Other Jurisdiction of Incorporation) (Commission File Number)(I.R.S. Employer Identification No.)

7950 Jones Branch Drive McLean, VA 22102 (Address of principal executive offices)(Zip Code)

Registrant’s Telephone Number, Including Area Code: (703) 442-8844

Not Applicable (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below): ☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of each classTrading symbolName of each exchange on which registered Class A Common StockAPPNThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 2.02 Results of Operations and Financial Condition.

On February 19, 2026, Appian Corporation (the "Company") issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2025, as well as information regarding a conference call to discuss these financial results and the Company's recent business highlights and financial outlook. The Company's press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information included in Item 2.02 of this Current Report on Form 8-K and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

Item 8.01. Other Events.

The Board of Directors has authorized a program to repurchase up to $50.0 million of Appian's common stock (the “Share Repurchase Program”), effective February 2026 through February 2028. The Share Repurchase Program does not obligate Appian to acquire any specific number of shares, and shares of common stock may be repurchased using a variety of methods, including privately negotiated and/or open market transactions, under plans complying with Rule 10b5-1 of the Exchange Act, as part of accelerated share repurchases, or other methods. The timing and amount of any purchases of common stock will be based on Appian’s liquidity, general business and market conditions, debt covenant restrictions and other factors, including alternative investment opportunities.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.  Description

99.1  Press release dated February 19, 2026

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Appian Corporation

Date: February 19, 2026 By:/s/ Srdjan Tanjga Srdjan Tanjga Chief Financial Officer

appn-20251106false000144168300014416832025-11-062025-11-06

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 6, 2025

Appian Corporation (Exact name of Registrant as Specified in Its Charter)

Delaware001-3809854-1956084 (State or Other Jurisdiction of Incorporation) (Commission File Number)(I.R.S. Employer Identification No.)

7950 Jones Branch Drive McLean, VA 22102 (Address of principal executive offices)(Zip Code)

Registrant’s Telephone Number, Including Area Code: (703) 442-8844

Not Applicable (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below): ☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of each classTrading symbolName of each exchange on which registered Class A Common StockAPPNThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 2.02 Results of Operations and Financial Condition.

On November 6, 2025, Appian Corporation (the "Company") issued a press release announcing its financial results for the third quarter ended September 30, 2025, as well as information regarding a conference call to discuss these financial results and the Company's recent business highlights and financial outlook. The Company's press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

The information included in Item 2.02 of this Current Report on Form 8-K and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.

Item 9.01 Financial Statements and Exhibits.

Exhibit Number Description

99.1  Press release dated November 6, 2025

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Appian Corporation

Date: November 6, 2025 By:/s/ Srdjan Tanjga Srdjan Tanjga Chief Financial Officer