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.