Appian (APPN) Research & Development (2016 - 2026)
Appian (APPN) recorded quarterly Research & Development of $70.1 million in Q2 2026, up 8.5% on a QoQ basis from $64.6 million in Q1 2026, and up 12.8% YoY from $62.2 million in Q2 2025.
Analysis
Appian (APPN) Research & Development (2016 - 2026) Analysis & Trends
Appian (APPN) has reported Research & Development for 11 consecutive years, with $70.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 12.8% year-over-year to $70.1 million; the trailing twelve-month figure through Jun 2026 stood at $260.9 million (up 12.38% YoY), and the FY2025 full-year result was $241.2 million, up 1.15% from the prior year.
- Research & Development was $70.1 million for Q2 2026 at Appian, up from $64.6 million in the prior quarter.
- The five-year high for Research & Development was $74.3 million in Q4 2025, with the low at $45.9 million in Q1 2022.
- Historically, Research & Development has averaged $60.4 million across 5 years, with a median of $62.4 million in 2023.
- Annual changes were most pronounced in 2022 — Research & Development surged 38.61% — and 2024, when it declined 8.63%.
- Tracing APPN's Research & Development over 5 years: stood at $63.3 million in 2022, then rose by 8.47% to $68.6 million in 2023, then fell by 8.44% to $62.8 million in 2024, then climbed by 18.17% to $74.3 million in 2025, then slipped by 5.58% to $70.1 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $70.1 million in Q2 2026, $64.6 million in Q1 2026, and $74.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | ServiceNow | 138.32 Bn | 133.66 Bn | 2.82 Bn | 1.37 Bn |
| 2 | Broadridge Financial Solutions | 19.64 Bn | 19.24 Bn | 853.00 Mn | - |
| 3 | SS&C Technologies Holdings | 19.15 Bn | 18.72 Bn | 818.30 Mn | 160.50 Mn |
| 4 | UiPath | 7.30 Bn | 6.00 Bn | 341.45 Mn | 167.86 Mn |
| 5 | Pegasystems | 5.94 Bn | 5.94 Bn | 312.69 Mn | 165.41 Mn |
| 6 | Appian | 2.54 Bn | 2.37 Bn | 144.74 Mn | 70.11 Mn |
| 7 | Materialise | 447.73 Mn | 447.73 Mn | 46.23 Mn | -14.31 Mn |
| 8 | Jingbo Technology | 366.51 Mn | 366.12 Mn | 89,520.00 | 65,656.00 |
| 9 | Gloo Holdings | 256.85 Mn | 223.59 Mn | 13.43 Mn | 9.63 Mn |
| 10 | Egain | 141.64 Mn | 58.58 Mn | 16.81 Mn | 7.28 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.11 Mn |
| Mar 31, 2026 | 64.62 Mn |
| Dec 31, 2025 | 74.26 Mn |
| Sep 30, 2025 | 51.92 Mn |
| Jun 30, 2025 | 62.16 Mn |
| Mar 31, 2025 | 56.31 Mn |
| Dec 31, 2024 | 62.84 Mn |
| Sep 30, 2024 | 50.87 Mn |
| Jun 30, 2024 | 66.59 Mn |
| Mar 31, 2024 | 58.16 Mn |
| Dec 31, 2023 | 68.63 Mn |
| Sep 30, 2023 | 55.67 Mn |
| Jun 30, 2023 | 62.58 Mn |
| Mar 31, 2023 | 63.09 Mn |
| Dec 31, 2022 | 63.27 Mn |
| Sep 30, 2022 | 54.91 Mn |
| Jun 30, 2022 | 56.17 Mn |
| Mar 31, 2022 | 45.92 Mn |
| Dec 31, 2021 | 49.28 Mn |
| Sep 30, 2021 | 42.07 Mn |