Appian Shares Fall Despite Higher Q2 Results, Raised 2026 Guidance

MT Newswires Live08-06

Appian (APPN) shares were down 3.7% in Thursday trading despite the company reporting higher Q2 non-GAAP earnings and revenue, and lifting its 2026 guidance.

The company reported Q2 non-GAAP earnings Thursday of $0.13 per diluted share, compared with breakeven a year earlier.

Analysts polled by FactSet expected $0.00.

Total revenue for the quarter ended June 30 was $203.3 million, up from $170.6 million a year earlier.

Analysts expected $193.4 million.

The company expects Q3 non-GAAP EPS of $0.31 and $0.35, and total revenue range of $214 million to $218 million. Analysts expect $0.32 and $208.2 million, respectively.

For 2026, Appian said it now expects non-GAAP EPS of $1.04 to $1.12, compared with prior outlook of $0.94 to $1.05. Analysts expect $0.99.

Total revenue for the full year is now projected to be in a range of $845 million to $853 million, up from its prior guidance of $819 million to $831 million. Analysts expect $826 million.

Price: 28.84, Change: -1.12, Percent Change: -3.74

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