Bandwidth Inc. (BAND) quarterly income statement — complete revenue, gross profit & net income history
Bandwidth Inc. (BAND) annual income statement — 11-year revenue, gross profit & net income history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Sales/Revenue | 234.02M | 219.9M | 208.78M | 207.67M | 191.9M | 180.01M | 174.24M | 209.97M | 193.88M | 173.6M | 171.03M | 165.39M | 152.01M | 145.87M | 137.84M | 156.97M | 148.32M | 136.49M | 131.36M | 126.13M |
| Revenue Growth % | 21.95% | 22.16% | 19.82% | -1.1% | -1.03% | 3.69% | 1.88% | 26.96% | 27.54% | 19.01% | 24.08% | 5.36% | 2.49% | 6.88% | 4.93% | 24.45% | 13.54% | 13.12% | 15.76% | 11.57% |
| Cost of Goods Sold | 149.22M | 141.35M | 130.87M | 129.59M | 118.1M | 108.35M | 102.73M | 133.46M | 120.75M | 108.77M | 105.55M | 103.34M | 92.51M | 86.92M | 82.19M | 92.9M | 84.86M | 81.08M | 75.95M | 72.6M |
| COGS % of Revenue | 63.76% | 64.28% | 62.68% | 62.4% | 61.54% | 60.19% | 58.96% | 63.56% | 62.28% | 62.66% | 61.71% | 62.48% | 60.86% | 59.59% | 59.63% | 59.18% | 57.21% | 59.41% | 57.82% | 57.56% |
| Gross Profit | 84.8M | 78.54M | 77.91M | 78.08M | 73.8M | 71.66M | 71.51M | 76.51M | 73.13M | 64.83M | 65.48M | 62.05M | 59.5M | 58.95M | 55.65M | 64.07M | 63.46M | 55.4M | 55.41M | 53.53M |
| Gross Margin % | 36.24% | 35.72% | 37.32% | 37.6% | 38.46% | 39.81% | 41.04% | 36.44% | 37.72% | 37.34% | 38.29% | 37.52% | 39.14% | 40.41% | 40.37% | 40.82% | 42.79% | 40.59% | 42.18% | 42.44% |
| Gross Profit Growth % | 14.91% | 9.6% | 8.95% | 2.05% | 0.91% | 10.54% | 9.21% | 23.31% | 22.92% | 9.96% | 17.66% | -3.15% | -6.25% | 6.41% | 0.43% | 19.69% | 8.96% | 1.47% | 6.26% | 3.56% |
| Operating Expenses | 83M | 83.1M | 82.53M | 82M | 75.81M | 75.41M | 76.2M | 79.18M | 74.03M | 70.9M | 75.9M | 72.08M | 65.65M | 66.47M | 67.41M | 71.09M | 64.85M | 64.45M | 62.28M | 57.6M |
| OpEx % of Revenue | 35.47% | 37.79% | 39.53% | 39.49% | 39.5% | 41.89% | 43.73% | 37.71% | 38.18% | 40.84% | 44.38% | 43.59% | 43.18% | 45.57% | 48.9% | 45.29% | 43.72% | 47.22% | 47.41% | 45.67% |
| Selling, General & Admin | 46.51M | 45.75M | 44.07M | 44.88M | 42.8M | 43.66M | 45.57M | 47.77M | 43.86M | 42.77M | 46.99M | 43.2M | 40.85M | 41.62M | 41.75M | 44.83M | 39.81M | 40.19M | 39.86M | 41.94M |
| SG&A % of Revenue | 19.87% | 20.81% | 21.11% | 21.61% | 22.3% | 24.26% | 26.15% | 22.75% | 22.62% | 24.64% | 27.47% | 26.12% | 26.88% | 28.53% | 30.29% | 28.56% | 26.84% | 29.45% | 30.34% | 33.25% |
| Research & Development | 36.49M | 37.34M | 38.47M | 37.13M | 33.01M | 31.75M | 30.63M | 31.41M | 30.17M | 28.13M | 28.91M | 28.88M | 25.59M | 24.85M | 25.66M | 26.25M | 25.04M | 24.26M | 22.43M | 15.66M |
| R&D % of Revenue | 15.6% | 16.98% | 18.42% | 17.88% | 17.2% | 17.64% | 17.58% | 14.96% | 15.56% | 16.2% | 16.9% | 17.46% | 16.84% | 17.04% | 18.62% | 16.73% | 16.88% | 17.78% | 17.07% | 12.42% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -800K | -218K | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1.79M | -4.55M | -4.62M | -3.93M | -2.01M | -3.75M | -4.69M | -2.67M | -898K | -6.07M | -10.42M | -10.04M | -6.15M | -7.52M | -11.76M | -7.02M | -1.39M | -9.05M | -6.87M | -4.07M |
| Operating Margin % | 0.77% | -2.07% | -2.21% | -1.89% | -1.05% | -2.08% | -2.69% | -1.27% | -0.46% | -3.5% | -6.09% | -6.07% | -4.04% | -5.15% | -8.53% | -4.47% | -0.94% | -6.63% | -5.23% | -3.23% |
| Operating Income Growth % | 189.39% | -21.48% | 1.41% | -46.99% | -123.61% | 38.29% | 55% | 73.38% | 85.39% | 19.22% | 11.4% | -43.01% | -343.19% | 16.92% | -71.12% | -72.32% | -247.87% | -1068.95% | -18467.57% | 66.67% |
| EBITDA | 19.29M | 13.17M | 12.77M | 10.18M | 11.83M | 9.57M | 7.82M | 9.43M | 11.53M | 6.23M | 3.14M | 6.09M | 4.05M | 3.92M | -2.86M | 3.38M | 7.39M | 1.68M | 2.3M | 6.56M |
| EBITDA Margin % | 8.24% | 5.99% | 6.11% | 4.9% | 6.17% | 5.31% | 4.49% | 4.49% | 5.94% | 3.59% | 1.84% | 3.68% | 2.66% | 2.69% | -2.08% | 2.16% | 4.98% | 1.23% | 1.75% | 5.2% |
| EBITDA Growth % | 63.07% | 37.7% | 63.33% | 7.92% | 2.65% | 53.66% | 149% | 54.87% | 184.73% | 58.83% | 209.68% | 79.94% | -45.24% | 133.19% | -224.43% | -48.42% | -36.48% | -85.48% | -77.78% | 262.01% |
| D&A (Non-Cash Add-back) | 17.5M | 17.73M | 17.39M | 14.11M | 13.84M | 13.31M | 12.5M | 12.1M | 12.42M | 12.3M | 13.55M | 16.13M | 10.2M | 11.44M | 8.89M | 10.4M | 8.78M | 10.73M | 9.17M | 10.63M |
| EBIT | 3.52M | 565K | -4.62M | -3.97M | -3.02M | -4.25M | -4.69M | 10.3M | 325K | 4.42M | -8.53M | -11.07M | -6.15M | -3.42M | -11.76M | 32.52M | -1.39M | -5.34M | -5.38M | -4.13M |
| Net Interest Income | -180K | -967K | -673K | -495K | -498K | -547K | -388K | 200K | -446K | -585K | -507K | 369K | 600K | -322K | -914K | -187K | -737K | -874K | -1.25M | -7.96M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 100K | 200K | 200K | 200K | 400K | 600K | 600K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 180K | 967K | 673K | 495K | 498K | 547K | 488K | 0 | 646K | 785K | 907K | 231K | 0 | 322K | 914K | 187K | 737K | 874K | 1.25M | 7.96M |
| Other Income/Expense | 1.55M | 4.15M | 7.21M | -538K | -1.51M | -1.05M | 877K | -252K | 577K | 9.8M | 983K | -665K | 798K | 3.78M | 12.24M | 39.35M | -338K | 2.38M | 235K | -8.19M |
| Pretax Income | 3.34M | -402K | 2.59M | -4.46M | -3.52M | -4.79M | -3.81M | -2.92M | -321K | 3.72M | -9.43M | -10.7M | -5.35M | -3.74M | 483K | 32.33M | -1.73M | -6.67M | -6.63M | -12.26M |
| Pretax Margin % | 1.43% | -0.18% | 1.24% | -2.15% | -1.84% | -2.66% | -2.19% | -1.39% | -0.17% | 2.15% | -5.52% | -6.47% | -3.52% | -2.56% | 0.35% | 20.6% | -1.16% | -4.88% | -5.05% | -9.72% |
| Income Tax | -1.9M | -2.79M | -1.53M | -1.46M | -2.28M | 136K | -70K | -1.16M | -734K | -331K | -200K | 234K | -219K | 153K | -3.13M | -1.1M | -923K | -417K | 179K | -4.09M |
| Effective Tax Rate % | -56.91% | 693.78% | -58.87% | 32.8% | 64.76% | -2.84% | 1.84% | 39.82% | 228.66% | -8.89% | 2.12% | -2.19% | 4.09% | -4.09% | -647.62% | -3.41% | 53.51% | 6.26% | -2.7% | 33.34% |
| Net Income | 5.25M | 2.39M | 4.12M | -3M | -1.24M | -4.93M | -3.74M | -1.76M | 413K | 4.05M | -9.23M | -10.93M | -5.13M | -3.89M | 3.61M | 33.43M | -802K | -6.25M | -6.81M | -8.17M |
| Net Margin % | 2.24% | 1.09% | 1.97% | -1.44% | -0.65% | -2.74% | -2.15% | -0.84% | 0.21% | 2.34% | -5.4% | -6.61% | -3.37% | -2.67% | 2.62% | 21.3% | -0.54% | -4.58% | -5.19% | -6.48% |
| Net Income Growth % | 522.8% | 148.41% | 210.11% | -70.55% | -400.48% | -221.6% | 59.49% | 83.91% | 108.05% | 204.24% | -355.69% | -132.7% | -539.65% | 37.74% | 152.99% | 509.03% | 88.45% | 9.82% | -28.18% | 58.98% |
| Net Income (Continuing) | 5.25M | 2.39M | 4.12M | -3M | -1.24M | -4.93M | -3.74M | -1.76M | 413K | 4.05M | -9.23M | -10.93M | -5.13M | -3.89M | 3.61M | 33.43M | -802K | -6.25M | -6.81M | -8.17M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.13 | -0.07 | -0.08 | -0.10 | -0.04 | -0.16 | -0.13 | -0.06 | 0.01 | 0.14 | -0.35 | -0.42 | -0.20 | -0.15 | -0.28 | -0.16 | -0.03 | -0.25 | -0.27 | -0.33 |
| EPS Growth % | 417.07% | 55.31% | 39.85% | -54.36% | -384.72% | -214.29% | 62.86% | 84.98% | 107.2% | 193.33% | -25% | -162.5% | -530.91% | 40% | -3.7% | 51.52% | 88.68% | 10.71% | -28.57% | 59.26% |
| EPS (Basic) | 0.16 | -0.07 | 0.13 | -0.10 | -0.04 | -0.16 | -0.13 | -0.06 | 0.02 | 0.15 | -0.35 | -0.42 | -0.20 | -0.15 | -0.32 | 1.32 | -0.03 | -0.25 | -0.27 | -0.33 |
| Diluted Shares Outstanding | 40.13M | 33.23M | 32.96M | 30.81M | 30.28M | 29.89M | 28.98M | 27.88M | 28.62M | 29.5M | 26.49M | 25.83M | 25.61M | 25.56M | 29.27M | 30.47M | 25.3M | 25.28M | 25.22M | 25.14M |
| Basic Shares Outstanding | 32.24M | 31.91M | 31.68M | 30.81M | 30.28M | 29.89M | 28.98M | 27.88M | 27.37M | 27.08M | 26.49M | 25.83M | 25.61M | 25.56M | 25.45M | 25.33M | 25.3M | 25.28M | 25.22M | 25.14M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |