8-K Announcements
6Material company update
Apr 30, 2026·SEC
Material company update
Mar 2, 2026·SEC
Material company update
Feb 19, 2026·SEC
Bandwidth Inc.(BAND)Earnings, Financials & Key Ratios
BAND•NASDAQ
$46.45
$1.49B mkt cap·Price updated May 6, 2026
AboutBandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provider in the United States. The company operates in two segments, CPaaS and Other. Its platform enables enterprises to create, scale, and operate voice or messaging communications services across various mobile applications or connected devices. The company also provides SIP trunking, data resale, and hosted voice over Internet protocol services. It serves large enterprises, communications service providers, conferencing providers, contact centers, small and medium-sized businesses, emerging technology companies, and many other businesses. Bandwidth Inc. was founded in 2000 and is headquartered in Raleigh, North Carolina.Show more
- Revenue$754M+0.7%
- EBITDA$43M+46.6%
- Net Income-$13M-97.9%
- EPS (Diluted)-0.43-79.2%
- Gross Margin35.83%-4.2%
- EBITDA Margin5.68%+45.6%
- Operating Margin-1.91%+28.9%
- Net Margin-1.71%-96.5%
- ROE-3.62%-69.4%
- ROIC-1.24%+36.1%
- Debt/Equity1.75+8.8%
- Interest Coverage-7.18-88.4%
BAND Key Insights
Bandwidth Inc. (BAND) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 21.7%
- ✓FCF machine: 8918.6% free cash flow margin
- ✓Momentum leader: RS Rating 98 (top 2%)
- ✓Strong 5Y sales CAGR of 17.0%
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Shares diluted 10.2% in last year
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
BAND Price & Volume
Bandwidth Inc. (BAND) stock price & volume — 10-year historical chart
Loading chart...
BAND Growth Metrics
Bandwidth Inc. (BAND) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years18.52%
5 Years17.05%
3 Years9.56%
TTM27752.2%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM398628.42%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-873.13%
Return on Capital
10 Years7.99%
5 Years-2.14%
3 Years-2.58%
Last Year-1.58%
BAND Recent Earnings
Bandwidth Inc. (BAND) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
Apr 30, 2026EPS
$0.38
Est $0.32
+18.8%
Revenue
$209M
Est $202M
+3.6%
Q1 2026
Feb 19, 2026EPS
$0.35
Est $0.35
+0.0%
Revenue
$208M
Est $208M
-0.3%
Q4 2025
Oct 30, 2025EPS
$0.36
Est $0.38
-5.3%
Revenue
$192M
Est $208M
-7.9%
Q3 2025
Jul 29, 2025EPS
$0.38
Est $0.32
+18.8%
Revenue
$180M
Est $190M
-5.4%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $0.38vs $0.32+18.8% | $209Mvs $202M+3.6% |
| Q1 2026 | Feb 19, 2026 | $0.35vs $0.35+0.0% | $208Mvs $208M-0.3% |
| Q4 2025 | Oct 30, 2025 | $0.36vs $0.38-5.3% | $192Mvs $208M-7.9% |
| Q3 2025 | Jul 29, 2025 | $0.38vs $0.32+18.8% | $180Mvs $190M-5.4% |
Based on last 12 quarters of dataView full earnings history →
BAND Peer Comparison
Bandwidth Inc. (BAND) competitors in Communications APIs and contact centers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 TWLO | 29B | 191.40 | 911.43 | 13.66% | 1.96% | 1.32% | 0.14 | |
 EGHT | 337.09M | 2.42 | -11.52 | -1.87% | -0.53% | -2.7% | 3.36 | |
 RNG | 4.09B | 45.72 | 95.25 | 4.78% | 1.73% | |||
 FIVN | 1.68B | 21.91 | 47.63 | 10.28% | 4.87% | 7.37% | 1.08 | |
 NICE | 5.85B | 96.85 | 10.02 | 7.68% | 20.78% | 16.36% | 0.04 | |
 LPSN | 30.25M | 2.51 | -0.20 | -22% | -27.58% | |||
 T | 178.43B | 25.55 | 8.40 | 2.71% | 16.92% | 16.85% | 1.35 | |
 VZ | 200.09B | 47.44 | 11.68 | 2.52% | 12.43% | 16.42% | 1.90 |
Compare BAND vs Peers
Bandwidth Inc. (BAND) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BAND Income Statement
Bandwidth Inc. (BAND) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 162.96M | 204.11M | 232.59M | 343.11M | 490.91M | 573.15M | 601.12M | 748.49M | 753.82M | 209.36B |
| Revenue Growth % | 7.11% | 25.26% | 13.95% | 47.52% | 43.07% | 16.75% | 4.88% | 24.52% | 0.71% | 27752.2% |
| Cost of Goods Sold | 89.26M | 108.14M | 124.96M | 185.25M | 272.38M | 334.8M | 364.96M | 468.53M | 483.71M | 131.23B |
| COGS % of Revenue | 54.78% | 52.98% | 53.72% | 53.99% | 55.49% | 58.41% | 60.71% | 62.6% | 64.17% | - |
| Gross Profit | 73.69M▲ 0% | 95.97M▲ 30.2% | 107.64M▲ 12.2% | 157.86M▲ 46.7% | 218.52M▲ 38.4% | 238.35M▲ 9.1% | 236.16M▼ 0.9% | 279.96M▲ 18.5% | 270.1M▼ 3.5% | 78.13B▲ 0% |
| Gross Margin % | 45.22% | 47.02% | 46.28% | 46.01% | 44.51% | 41.59% | 39.29% | 37.4% | 35.83% | 37.32% |
| Gross Profit Growth % | 10.13% | 30.23% | 12.16% | 46.66% | 38.43% | 9.07% | -0.92% | 18.55% | -3.52% | - |
| Operating Expenses | 59.08M | 89.22M | 125.33M | 171.37M | 220.76M | 262.68M | 271.61M | 300.02M | 284.47M | 82.76B |
| OpEx % of Revenue | 36.25% | 43.71% | 53.88% | 49.94% | 44.97% | 45.83% | 45.18% | 40.08% | 37.74% | - |
| Selling, General & Admin | 48.29M | 68.32M | 93.87M | 129.31M | 165.59M | 164.69M | 167.43M | 181.39M | 176.9M | 44.2B |
| SG&A % of Revenue | 29.63% | 33.47% | 40.36% | 37.69% | 33.73% | 28.73% | 27.85% | 24.23% | 23.47% | - |
| Research & Development | 10.79M | 20.9M | 31.46M | 42.06M | 55.17M | 97.99M | 104.19M | 118.63M | 125.27M | 38.57B |
| R&D % of Revenue | 6.62% | 10.24% | 13.53% | 12.26% | 11.24% | 17.1% | 17.33% | 15.85% | 16.62% | - |
| Other Operating Expenses | 0 | 301K | 0 | 0 | 0 | 0 | 0 | 0 | -17.71M | -1000K |
| Operating Income | 14.62M▲ 0% | 6.75M▼ 53.8% | -17.69M▼ 362.0% | -13.51M▲ 23.7% | -2.24M▲ 83.4% | -24.32M▼ 987.3% | -35.46M▼ 45.8% | -20.06M▲ 43.4% | -14.37M▲ 28.4% | -4.63B▲ 0% |
| Operating Margin % | 8.97% | 3.31% | -7.61% | -3.94% | -0.46% | -4.24% | -5.9% | -2.68% | -1.91% | -2.21% |
| Operating Income Growth % | -4.11% | -53.81% | -362.04% | 23.67% | 83.44% | -987.35% | -45.77% | 43.43% | 28.37% | - |
| EBITDA | 20.33M | 12.58M | -3.89M | 8.11M | 40.13M | 18.25M | 15.58M | 29.18M | 42.78M | -4.57B |
| EBITDA Margin % | 12.48% | 6.16% | -1.67% | 2.36% | 8.17% | 3.18% | 2.59% | 3.9% | 5.68% | -2.18% |
| EBITDA Growth % | -4.94% | -38.14% | -130.9% | 308.7% | 394.78% | -54.51% | -14.62% | 87.27% | 46.6% | -13659.46% |
| D&A (Non-Cash Add-back) | 5.71M | 5.82M | 13.81M | 21.61M | 42.36M | 42.58M | 51.04M | 49.24M | 57.15M | 61.28M |
| EBIT | 14.62M | 6.75M | -17.69M | -13.51M | -2.53M | 20.35M | -18.5M | -7.09M | -14.56M | -15.86M |
| Net Interest Income | -1.73M | 301K | 0 | -13.67M | -28.78M | -3.05M | -808K | -1.86M | -1.73M | -1.34M |
| Interest Income | 0 | 0 | 0 | 2.73M | 0 | 0 | 0 | 0 | 300K | 200K |
| Interest Expense | 1.73M | 301K | 0 | 16.41M | 28.78M | 3.05M | 808K | 1.86M | 2.03M | 1.54M |
| Other Income/Expense | -1.73M | 301K | 2.47M | -15.47M | -28.96M | 41.63M | 16.15M | 11.11M | -2.22M | 7.21B |
| Pretax Income | 12.89M▲ 0% | 7.05M▼ 45.3% | -15.22M▼ 315.9% | -28.97M▼ 90.3% | -31.2M▼ 7.7% | 17.31M▲ 155.5% | -19.3M▼ 211.5% | -8.95M▲ 53.6% | -16.59M▼ 85.3% | 2.58B▲ 0% |
| Pretax Margin % | 7.91% | 3.46% | -6.55% | -8.44% | -6.35% | 3.02% | -3.21% | -1.2% | -2.2% | 1.23% |
| Income Tax | 6.92M | -10.87M | -17.72M | 15.01M | -3.83M | -2.26M | -2.96M | -2.43M | -3.68M | -1.53B |
| Effective Tax Rate % | 53.67% | -154.12% | 116.38% | -51.79% | 12.29% | -13.08% | 15.33% | 27.13% | 22.17% | -59.31% |
| Net Income | 5.97M▲ 0% | 17.92M▲ 200.2% | 2.49M▼ 86.1% | -43.98M▼ 1863.3% | -27.36M▲ 37.8% | 19.57M▲ 171.5% | -16.34M▼ 183.5% | -6.52M▲ 60.1% | -12.91M▼ 97.9% | 4.11B▲ 0% |
| Net Margin % | 3.66% | 8.78% | 1.07% | -12.82% | -5.57% | 3.41% | -2.72% | -0.87% | -1.71% | 1.96% |
| Net Income Growth % | -73.29% | 200.17% | -86.08% | -1863.31% | 37.78% | 171.52% | -183.51% | 60.08% | -97.92% | 398628.42% |
| Net Income (Continuing) | 5.97M | 17.92M | 2.49M | -43.98M | -27.36M | 19.57M | -16.34M | -6.52M | -12.91M | 4.11B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.37▲ 0% | 0.85▲ 129.7% | 0.10▼ 88.2% | -1.83▼ 1930.0% | -1.09▲ 40.4% | -0.48▲ 56.0% | -0.64▼ 33.3% | -0.24▲ 62.5% | -0.43▼ 79.2% | 124.67▲ 0% |
| EPS Growth % | -72.18% | 129.73% | -88.24% | -1930% | 40.44% | 55.96% | -33.33% | 62.5% | -79.17% | -873.13% |
| EPS (Basic) | 0.42 | 0.85 | 0.11 | -1.83 | -1.09 | 0.77 | -0.64 | -0.24 | -0.43 | - |
| Diluted Shares Outstanding | 14.54M | 21.14M | 23.92M | 24.09M | 25.09M | 30.91M | 25.61M | 27.21M | 30M | 32.96M |
| Basic Shares Outstanding | 12.59M | 21.09M | 22.64M | 24.09M | 25.09M | 25.28M | 25.61M | 27.21M | 30M | 31.68M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
BAND Balance Sheet
Bandwidth Inc. (BAND) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 65.25M | 91.41M | 224.38M | 193.6M | 412.88M | 279.61M | 252.78M | 187.81M | 214.23M | 171.88B |
| Cash & Short-Term Investments | 37.63M | 58.66M | 185M | 112.16M | 331.45M | 184.87M | 153.47M | 83.79M | 111.64M | 50.27B |
| Cash Only | 37.63M | 41.26M | 185M | 72.16M | 331.45M | 113.64M | 131.99M | 81.81M | 103.16M | 47.28B |
| Short-Term Investments | 0 | 17.4M | 0 | 40M | 0 | 71.23M | 21.49M | 1.98M | 8.48M | 2.99B |
| Accounts Receivable | 21.23M | 24.01M | 30.19M | 55.24M | 61.57M | 74.47M | 78.16M | 86.45M | 91.41M | 101.17B |
| Days Sales Outstanding | 47.54 | 42.93 | 47.37 | 58.77 | 45.78 | 47.42 | 47.46 | 42.16 | 44.26 | 44.21 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 2.63M | 2.87M | 9.19M | 11.69M | 4.04M | 20.27M | 21.14M | 17.57M | 11.19M | 20.44B |
| Total Non-Current Assets | 39.24M | 59.01M | 129.11M | 697.01M | 652.65M | 649.71M | 848.27M | 801.35M | 905.9M | 812.31B |
| Property, Plant & Equipment | 14.95M | 25.14M | 62.69M | 71.14M | 83.67M | 109.75M | 335.37M | 330.42M | 327.2M | 324.28B |
| Fixed Asset Turnover | 10.90x | 8.12x | 3.71x | 4.82x | 5.87x | 5.22x | 1.79x | 2.27x | 2.30x | 2.57x |
| Goodwill | 6.87M | 6.87M | 6.87M | 372.24M | 344.42M | 326.4M | 335.87M | 317.24M | 356.77M | 348.69B |
| Intangible Assets | 7.64M | 7.09M | 6.57M | 248.06M | 211.22M | 177.37M | 166.91M | 145.35M | 138.74M | 128.83B |
| Long-Term Investments | 2.07M | 1.83M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.19M | 727K | 6.05M | 5.58M | 13.35M | 36.19M | 10.12M | 8.33M | 15.68M | 10.54B |
| Total Assets | 104.49M▲ 0% | 150.42M▲ 44.0% | 353.5M▲ 135.0% | 890.61M▲ 151.9% | 1.07B▲ 19.6% | 929.32M▼ 12.8% | 1.1B▲ 18.5% | 989.17M▼ 10.2% | 1.12B▲ 13.2% | 984.2B▲ 0% |
| Asset Turnover | 1.56x | 1.36x | 0.66x | 0.39x | 0.46x | 0.62x | 0.55x | 0.76x | 0.67x | 0.85x |
| Asset Growth % | 49.33% | 43.95% | 135.01% | 151.94% | 19.64% | -12.78% | 18.48% | -10.16% | 13.24% | 101971.05% |
| Total Current Liabilities | 24.52M | 32.72M | 45.74M | 92.19M | 93.5M | 114.01M | 122.77M | 140.32M | 154.07M | 182.52B |
| Accounts Payable | 3.02M | 3.42M | 4.19M | 11.66M | 9.14M | 26.75M | 34.21M | 28.36M | 42.6M | 31.69B |
| Days Payables Outstanding | 12.37 | 11.54 | 12.24 | 22.98 | 12.25 | 29.16 | 34.21 | 22.09 | 32.15 | 22.11 |
| Short-Term Debt | 92K | 0 | 4.88M | 0 | 0 | 0 | 0 | 0 | 11.57M | 4.13B |
| Deferred Revenue (Current) | 5.77M | 7.91M | 9.34M | 11.94M | 12.63M | 17.23M | 14.09M | 10.73M | 8.74M | 8.84B |
| Other Current Liabilities | 7.37M | 14.07M | 19.04M | 43.35M | 46.7M | 21.59M | 49.87M | 25.99M | 70.75M | 137.88B |
| Current Ratio | 2.66x | 2.79x | 4.91x | 2.10x | 4.42x | 2.45x | 2.06x | 1.34x | 1.39x | 1.39x |
| Quick Ratio | 2.66x | 2.79x | 4.91x | 2.10x | 4.42x | 2.45x | 2.06x | 1.34x | 1.39x | 1.39x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | 22.11 |
| Total Non-Current Liabilities | 3.27M | 8.93M | 37.67M | 368.5M | 559.45M | 543.13M | 680.89M | 536.31M | 566.09M | 396B |
| Long-Term Debt | 0 | 0 | 0 | 282.2M | 486.44M | 480.55M | 418.53M | 281.28M | 468.58M | 368.59B |
| Capital Lease Obligations | 0 | 0 | 19.87M | 17.2M | 10.96M | 4.64M | 220.55M | 219.19M | 221.02M | 883.84M |
| Deferred Tax Liabilities | 0 | 0 | 12.08M | 61.01M | 48.4M | 38.47M | 33.02M | 27.3M | 91.98M | 21.98B |
| Other Non-Current Liabilities | 716K | 2.5M | 0 | 1.71M | 6.02M | 11.18M | 386K | 576K | -220.46M | 5.36B |
| Total Liabilities | 27.78M | 41.65M | 83.41M | 460.69M | 652.94M | 657.14M | 803.66M | 676.63M | 720.15M | 578.52B |
| Total Debt | 92K | 0 | 24.74M | 304.91M | 503.2M | 492.64M | 644.54M | 503.59M | 701.17M | 372.72B |
| Net Debt | -37.53M | -41.26M | -160.26M | 232.75M | 171.75M | 379M | 512.55M | 421.77M | 598.01M | 325.44B |
| Debt / Equity | 0.00x | - | 0.09x | 0.71x | 1.22x | 1.81x | 2.17x | 1.61x | 1.75x | 1.75x |
| Debt / EBITDA | 0.00x | - | - | 37.60x | 12.54x | 26.99x | 41.36x | 17.26x | 16.39x | -81.57x |
| Net Debt / EBITDA | -1.85x | -3.28x | - | 28.70x | 4.28x | 20.76x | 32.89x | 14.45x | 13.98x | 13.98x |
| Interest Coverage | 8.46x | 22.43x | - | -0.82x | -0.09x | 6.68x | -22.89x | -3.81x | -7.18x | -10.30x |
| Total Equity | 76.71M▲ 0% | 108.77M▲ 41.8% | 270.09M▲ 148.3% | 429.92M▲ 59.2% | 412.6M▼ 4.0% | 272.18M▼ 34.0% | 297.39M▲ 9.3% | 312.53M▲ 5.1% | 399.97M▲ 28.0% | 405.67B▲ 0% |
| Equity Growth % | 13896.94% | 41.79% | 148.31% | 59.18% | -4.03% | -34.03% | 9.26% | 5.09% | 27.98% | 117417.32% |
| Book Value per Share | 5.27 | 5.15 | 11.29 | 17.84 | 16.44 | 8.81 | 11.61 | 11.49 | 13.33 | 12308.73 |
| Total Shareholders' Equity | 76.71M | 108.77M | 270.09M | 429.92M | 412.6M | 272.18M | 297.39M | 312.53M | 399.97M | 405.67B |
| Common Stock | 17K | 19K | 24K | 24K | 25K | 25K | 26K | 29K | 31K | 32M |
| Retained Earnings | -25.77M | -7.85M | -5.53M | -49.51M | -76.87M | -48.55M | -64.89M | -71.41M | -84.33M | -80.21B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.01M |
| Accumulated OCI | -29.43M | -1K | 41K | 27.94M | -13.04M | -44.21M | -28.79M | -52.01M | -1.57M | -12.41B |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
BAND Cash Flow Statement
Bandwidth Inc. (BAND) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 14.62M | 24.63M | -1.25M | 4.52M | 40.8M | 34.91M | 39M | 83.88M | 89.49B | 89.49B |
| Operating CF Margin % | 8.97% | 12.07% | -0.54% | 1.32% | 8.31% | 6.09% | 6.49% | 11.21% | 11871.71% | - |
| Operating CF Growth % | 183.72% | 68.45% | -105.09% | 460.57% | 803.12% | -14.45% | 11.73% | 115.08% | 106585.5% | 284542.61% |
| Net Income | 5.97M | 17.92M | 2.49M | -43.98M | -27.36M | 19.57M | -16.34M | -6.52M | -12.91B | 4.11B |
| Depreciation & Amortization | 5.71M | 5.82M | 13.81M | 21.61M | 42.36M | 35.6M | 41.72M | 49.24M | 53.76B | 17.41B |
| Stock-Based Compensation | 1.8M | 3.34M | 6.63M | 9.88M | 0 | 20.66M | 36.99M | 48.36M | 52.33B | 13.01B |
| Deferred Taxes | 6.17M | -10.83M | -17.5M | 14.27M | -8.32M | -5.56M | -5.94M | -4.45M | 0 | 0 |
| Other Non-Cash Items | 467K | 91K | -71K | 15.98M | 42.12M | -30.15M | -924K | -5.96M | -3.69B | -12.77B |
| Working Capital Changes | -5.5M | 8.29M | -6.61M | -13.25M | -8M | -5.21M | -16.5M | 3.21M | -5.25M | 1.82M |
| Change in Receivables | -4.39M | -2.78M | -6.18M | -18.83M | -6.71M | -13.34M | -3.45M | -8.72M | -3.96M | -13.69M |
| Change in Inventory | -349K | 2.9M | -2.06M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -2.43M | -169K | 1.15M | 315K | 1.99M | 17.21M | 5.38M | -4.64M | 13.07M | 14.76M |
| Cash from Investing | -7.96M | -31.68M | -7.65M | -455.08M | 2.83M | -133.45M | 30.85M | -1.44M | -39.06B | -3.89B |
| Capital Expenditures | -7.96M | -14.45M | -25.76M | -12.27M | -54.63M | -60.34M | -9.26M | -13.99M | -22.26B | -7.11B |
| CapEx % of Revenue | 4.89% | 7.08% | 11.07% | 3.58% | 11.13% | 10.53% | 1.54% | 1.87% | 2953.1% | - |
| Acquisitions | 0 | 2.03M | 3.54M | -400.49M | 17.46M | 1.56M | 1.25M | 0 | 0 | 103K |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -2.94M | -2.03M | -3.54M | -2.32M | 40M | -3.75M | -10.64M | -6.91M | -10.32B | -2.26B |
| Cash from Financing | 24.18M | 10.68M | 152.42M | 346.89M | 207.03M | -120M | -52.77M | -131.27M | -29.07B | -59.76B |
| Debt Issued (Net) | -45.1M | -92K | 0 | 399.97M | 242.24M | -117.48M | -51.42M | -87K | -66K | 49.54M |
| Equity Issued (Net) | 69.28M | 11.05M | 147.39M | 0 | -24.57M | 0 | 0 | 167K | 109K | -4.91M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | -25.5M | 0 | 0 | 0 | 0 | -5.01M |
| Other Financing | -3K | -273K | 5.03M | -53.08M | -10.64M | -2.53M | -1.36M | -131.35M | -29.07B | -59.8B |
| Net Change in Cash | 30.84M▲ 0% | 3.63M▼ 88.2% | 143.5M▲ 3852.2% | -103.57M▼ 172.2% | 250.85M▲ 342.2% | -217.67M▼ 186.8% | 17.68M▲ 108.1% | -50.07M▼ 383.1% | 20.93B▲ 41891.0% | -55.62B▲ 0% |
| Free Cash Flow | 6.66M▲ 0% | 10.19M▲ 52.9% | -27.01M▼ 365.2% | -10.07M▲ 62.7% | -13.83M▼ 37.2% | -29.18M▼ 111.1% | 19.1M▲ 165.5% | 69.9M▲ 265.9% | 67.23B▲ 96084.4% | 1.75B▲ 0% |
| FCF Margin % | 4.09% | 4.99% | -11.61% | -2.94% | -2.82% | -5.09% | 3.18% | 9.34% | 8918.61% | 0.84% |
| FCF Growth % | 834.29% | 52.94% | -365.19% | 62.71% | -37.24% | -111.08% | 165.45% | 265.91% | 96084.39% | 3238.31% |
| FCF per Share | 0.46 | 0.48 | -1.13 | -0.42 | -0.55 | -0.94 | 0.75 | 2.57 | 2241.22 | 2241.22 |
| FCF Conversion (FCF/Net Income) | 2.45x | 1.37x | -0.50x | -0.10x | -1.49x | 1.78x | -2.39x | -12.86x | -6930.84x | 0.43x |
| Interest Paid | 1.53M | 107K | 0 | 579K | 0 | 18K | 1.5M | 0 | 0 | 0 |
| Taxes Paid | 855K | 155K | 0 | 454K | 0 | 3.93M | 7.2M | 3.81M | 0 | 0 |
BAND Key Ratios
Bandwidth Inc. (BAND) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 15.68% | 19.33% | 1.32% | -12.56% | -6.5% | 5.72% | -5.74% | -2.14% | -3.62% | 4.04% |
| Return on Invested Capital (ROIC) | 28.6% | 9.49% | -14.97% | -2.62% | -0.27% | -2.95% | -3.64% | -1.95% | -1.24% | -1.24% |
| Gross Margin | 45.22% | 47.02% | 46.28% | 46.01% | 44.51% | 41.59% | 39.29% | 37.4% | 35.83% | 37.32% |
| Net Margin | 3.66% | 8.78% | 1.07% | -12.82% | -5.57% | 3.41% | -2.72% | -0.87% | -1.71% | 1.96% |
| Debt / Equity | 0.00x | - | 0.09x | 0.71x | 1.22x | 1.81x | 2.17x | 1.61x | 1.75x | 1.75x |
| Interest Coverage | 8.46x | 22.43x | - | -0.82x | -0.09x | 6.68x | -22.89x | -3.81x | -7.18x | -10.30x |
| FCF Conversion | 2.45x | 1.37x | -0.50x | -0.10x | -1.49x | 1.78x | -2.39x | -12.86x | -6930.84x | 0.43x |
| Revenue Growth | 7.11% | 25.26% | 13.95% | 47.52% | 43.07% | 16.75% | 4.88% | 24.52% | 0.71% | 27752.2% |
BAND SEC Filings & Documents
Bandwidth Inc. (BAND) SEC filings — annual & quarterly reports (10-K, 10-Q)
BAND Frequently Asked Questions
Bandwidth Inc. (BAND) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Bandwidth Inc. (BAND) reported $209.36B in revenue for fiscal year 2025. This represents a 151832% increase from $137.8M in 2015.
Bandwidth Inc. (BAND) grew revenue by 0.7% over the past year. Growth has been modest.
Yes, Bandwidth Inc. (BAND) is profitable, generating $4.11B in net income for fiscal year 2025 (-1.7% net margin).
Dividend & Returns
Bandwidth Inc. (BAND) has a return on equity (ROE) of -3.6%. Negative ROE indicates the company is unprofitable.
Bandwidth Inc. (BAND) generated $1.75B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More BAND
Bandwidth Inc. (BAND) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates