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Appian (APPN) Reports Q2: Everything You Need To Know Ahead Of Earnings

APPN Cover Image

Low code software development platform provider Appian (Nasdaq: APPN) will be reporting earnings this Thursday before the bell. Here’s what to expect.

Appian beat analysts’ revenue expectations by 2% last quarter, reporting revenues of $166.4 million, up 11.1% year on year. It was a mixed quarter for the company, with a solid beat of analysts’ EBITDA estimates but EBITDA guidance for next quarter missing analysts’ expectations significantly.

Is Appian a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Appian’s revenue to grow 9.2% year on year to $160 million, slowing from the 14.7% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.13 per share.

Appian Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Appian has a history of exceeding Wall Street’s expectations, beating revenue estimates every single time over the past two years by 1.9% on average.

Looking at Appian’s peers in the automation software segment, some have already reported their Q2 results, giving us a hint as to what we can expect. ServiceNow delivered year-on-year revenue growth of 22.4%, beating analysts’ expectations by 2.9%, and Microsoft reported revenues up 18.1%, topping estimates by 3.5%. ServiceNow traded up 4.3% following the results while Microsoft was also up 3.8%.

Read our full analysis of ServiceNow’s results here and Microsoft’s results here.

Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the automation software stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 3.4% on average over the last month. Appian is down 11.9% during the same time and is heading into earnings with an average analyst price target of $35 (compared to the current share price of $27.50).

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