Appian (APPN) Research & Development (2016 - 2026)

Appian (APPN) posted Research & Development of $46.3 million for Q1 2026, up 780.85% on a QoQ basis from $5.3 million in Q4 2025, and down 17.73% year-over-year from $56.3 million in Q1 2025.

Appian (APPN) Research & Development (2016 - 2026) Analysis & Trends

Appian's Research & Development history runs 11 years deep, the most recent figure standing at $46.3 million for Q1 2026.

  • Quarterly Research & Development fell 17.73% year-over-year to $46.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $164.0 million (down 8.88% YoY) and the FY2025 annual result came in at $172.2 million, up 5.38% from the prior year.
  • Research & Development was $46.3 million for Q1 2026 at Appian, up from $5.3 million in the prior quarter.
  • Across five years, Research & Development topped out at $68.6 million in Q4 2023 and bottomed at $5.3 million in Q4 2025.
  • A 5-year average of $46.5 million and a median of $45.9 million in 2022 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2022 — Research & Development soared 121.92% — and 2025, when it tumbled 88.47%.
  • Appian's Research & Development stood at $63.3 million in 2022, then rose by 8.47% to $68.6 million in 2023, then sank by 33.54% to $45.6 million in 2024, then tumbled by 88.47% to $5.3 million in 2025, then soared by 780.85% to $46.3 million in 2026.
  • Business Quant data shows APPN's Research & Development at $46.3 million in Q1 2026, $5.3 million in Q4 2025, and $51.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 6.81 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -
3 Oracle 344.13 Bn 312.24 Bn - 4.01 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 160.98 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 823.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 802.89 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 636.30 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 271.60 Mn
10 Appian 2.02 Bn 1.81 Bn 147.77 Mn 46.32 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 46.32 Mn
Dec 31, 2025 5.26 Mn
Sep 30, 2025 51.92 Mn
Jun 30, 2025 60.46 Mn
Mar 31, 2025 56.31 Mn
Dec 31, 2024 45.61 Mn
Sep 30, 2024 38.57 Mn
Jun 30, 2024 39.45 Mn
Mar 31, 2024 39.77 Mn
Dec 31, 2023 68.63 Mn
Sep 30, 2023 37.14 Mn
Jun 30, 2023 39.74 Mn
Mar 31, 2023 63.09 Mn
Dec 31, 2022 63.27 Mn
Sep 30, 2022 54.91 Mn
Jun 30, 2022 33.84 Mn
Mar 31, 2022 45.92 Mn
Dec 31, 2021 96.79 Mn
Sep 30, 2021 42.07 Mn
Jun 30, 2021 40.52 Mn