Appian's (APPN) operating margin for the 12 months to June 2026 was 1.3%, its best in at least eight years, against a median loss of 16.7% of sales across 39 twelve-month periods from December 2016 to June 2026. The record rests on the quarter to September 2025, when the margin reached 7.0%, while the latest quarter still posted a 2.7% operating loss, narrower than the 6.4% loss a year earlier. Cloud subscription revenue rose 23% in that quarter, outpacing 19% total revenue growth. On August 6, 2026, management raised its 2026 adjusted EBITDA margin forecast to about 13%, while investing in sales capacity. The November 2026 report will drop the quarter to September 2025 from the twelve-month figure, so the record holds only if the quarter to September 2026 comes close to 7.0%.
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Related tickers and likely impact
MSFT
• NeutralMicrosoft
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Systems Software |
| Market cap | $3.9T |
| Close on 10/27/2026 | 531.33 |
| Change that session | -0.24% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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