Appian (APPN) Research & Development (2016 - 2026)
Appian (APPN) recorded quarterly Research & Development of $46.3 million in Q1 2026, down 11.02% on a QoQ basis from $52.1 million in Q4 2025, and up 10.74% year-over-year from $41.8 million in Q1 2025.
Appian (APPN) Research & Development (2016 - 2026) Analysis & Trends
Appian has disclosed Research & Development across 11 years of filings, most recently posting $46.3 million for Q1 2026.
- Quarterly Research & Development rose 10.74% year-over-year to $46.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $179.0 million (up 8.18% YoY) and the FY2025 annual result came in at $172.2 million, up 5.38% from the prior year.
- Research & Development fell to $46.3 million in Q1 2026, from $52.1 million in the prior quarter.
- Over five years, Research & Development peaked at $52.1 million in Q4 2025 and troughed at $29.8 million in Q1 2022.
- A 5-year average of $40.2 million and a median of $39.8 million in 2024 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development surged 44.22% — and 2024, when it declined 4.45%.
- Tracing APPN's Research & Development over 5 years: stood at $37.8 million in 2022, then grew by 10.87% to $41.9 million in 2023, then increased by 8.81% to $45.6 million in 2024, then climbed by 14.14% to $52.1 million in 2025, then retreated by 11.02% to $46.3 million in 2026.
- Business Quant data shows APPN's Research & Development at $46.3 million in Q1 2026, $52.1 million in Q4 2025, and $40.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 8.92 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 2.30 Mn |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 2.61 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 160.98 Mn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 511.00 Mn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 356.41 Mn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 214.00 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 714.99 Mn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 150.97 Mn |
| 10 | Appian | 1.78 Bn | 1.58 Bn | 147.77 Mn | 46.32 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 46.32 Mn |
| Dec 31, 2025 | 52.06 Mn |
| Sep 30, 2025 | 40.26 Mn |
| Jun 30, 2025 | 40.35 Mn |
| Mar 31, 2025 | 41.83 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 | 41.92 Mn |
| Sep 30, 2023 | 37.14 Mn |
| Jun 30, 2023 | 39.74 Mn |
| Mar 31, 2023 | 41.62 Mn |
| Dec 31, 2022 | 37.81 Mn |
| Sep 30, 2022 | 37.62 Mn |
| Jun 30, 2022 | 33.84 Mn |
| Mar 31, 2022 | 29.84 Mn |
| Dec 31, 2021 | 26.46 Mn |
| Sep 30, 2021 | 26.51 Mn |
| Jun 30, 2021 | 23.86 Mn |