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Appian vs Bandwidth: APPN and BAND compared
Appian is the larger company: $235M of revenue in its latest quarter (Q3 2026) against $234M for Bandwidth (Q3 2026). Appian is growing faster (+26% against +22% a year earlier). Appian is more profitable, with an operating margin of 9.1% against 0.8%.
Where the money goes: APPN and BAND
Appian (APPN) · Q3 2026
Appian, Q3 2026: revenue $235M (+26% year over year), operating margin 9.1%, net earnings $12.3M, operating cash flow −$15.4M. The chart follows the revenue to costs, profit and cash.
Bandwidth (BAND) · Q3 2026
Bandwidth, Q3 2026: revenue $234M (+22% year over year), operating margin 0.8%, net earnings $5.2M, operating cash flow $37.7M. The chart follows the revenue to costs, profit and cash.
| Appian (APPN) | Bandwidth (BAND) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $235M | $234M |
| Revenue growth, Y/Y | +26% | +22% |
| Gross margin | 72.9% | 36.2% |
| Operating margin | 9.1% | 0.8% |
| Net earnings | $12.3M | $5.2M |
| Net margin | 5.3% | 2.2% |
| Operating cash flow | −$15.4M | $37.7M |
| Free cash flow | — | $33.0M |
Where the revenue comes from
Appian
- Subscriptions: $188M (80%)
- Professional services: $46.9M (20%)
Questions
Which is bigger, Appian or Bandwidth?
Appian is the larger company: $235M of revenue in its latest quarter (Q3 2026) against $234M for Bandwidth (Q3 2026).
Is Appian or Bandwidth growing faster?
Appian is growing faster (+26% against +22% a year earlier).
Which is more profitable, Appian or Bandwidth?
Appian is more profitable, with an operating margin of 9.1% against 0.8%.
More: Appian earnings · how Appian makes money · Bandwidth earnings · how Bandwidth makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 5, 2026; 10-Q filed Oct 29, 2026). Fiscal quarters can end on different dates. Not investment advice.