Appian Reports Q3 Growth and Forecasts FY 2026 Cloud Subscription Revenue
Appian (APPN) reported strong third-quarter results, highlighted by a 20% increase in cloud subscription revenue, which reached $136 million. CEO Matthew Calkins characterized the quarter as excellent, noting that the company's Cloud Net Annual Recurring Revenue (ARR) expansion rate hit 120%, outperforming previous expectations. Looking ahead to fiscal year 2026, Appian provided optimistic guidance, forecasting cloud subscription revenue between $536 million and $538 million. The company also expects adjusted EBITDA for the period to fall within the range of $116 million to $119 million.
Tickers: $APPN
Topics: ARR expansion cloud subscriptions revenue quarterly earnings
Read the full article at Seeking Alpha
Part of the story Appian Reports Q3 Growth and Forecasts FY 2026 Cloud Subscription Revenue (2 articles)