Bandwidth Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-12.91	-6.52	-16.34	19.57	-27.36
Depreciation & Amortization	46.86	45.04	38.52	33.4	40.56
Other Amortization	8.28	5.91	5.72	5.28	28.55
Loss (Gain) From Sale of Assets	-	-1	-	-	-
Stock-Based Compensation	52.33	48.36	36.99	20.66	14.54
Other Operating Activities	0.17	-11.12	-9.39	-38.79	-7.49
Change in Accounts Receivable	-3.96	-8.73	-3.45	-13.34	-6.71
Change in Accounts Payable	13.07	-4.64	5.39	17.21	1.99
Change in Other Net Operating Assets	-14.36	16.58	-18.43	-9.08	-3.29
Operating Cash Flow	89.49	83.88	39	34.91	40.8
Operating Cash Flow Growth	6.69%	115.08%	11.73%	-14.45%	803.12%
Capital Expenditures	-22.26	-13.99	-9.26	-60.34	-20.69
Divestitures	0.36	0.78	1.25	1.56	-
Sale (Purchase) of Intangibles	-10.68	-10.39	-10.64	-3.76	-3.93
Sale (Purchase) of Real Estate	-	-	-	-	-12.56
Investment in Securities	-6.48	19.45	49.5	-70.92	40
Other Investing Activities	-	2.71	-	-	-
Investing Cash Flow	-39.06	-1.44	30.85	-133.45	2.83
Short-Term Debt Issued	28.5	206.5	-	-	-
Long-Term Debt Issued	-	-	-	-	250
Total Debt Issued	28.5	206.5	-	-	250
Short-Term Debt Repaid	-28.5	-206.5	-	-	-
Long-Term Debt Repaid	-0.07	-0.09	-0.16	-0.19	-0.21
Total Debt Repaid	-28.57	-206.59	-0.16	-0.19	-0.21
Net Debt Issued (Repaid)	-0.07	-0.09	-0.16	-0.19	249.79
Issuance of Common Stock	0.11	0.17	0.41	0.16	0.93
Repurchase of Common Stock	-2.94	-2.3	-1.06	-2.14	-3.95
Other Financing Activities	-26.17	-129.06	-51.97	-117.84	-39.73
Financing Cash Flow	-29.07	-131.27	-52.78	-120.01	207.03
Foreign Exchange Rate Adjustments	-0.44	-1.24	0.61	0.88	0.19
Net Cash Flow	20.93	-50.07	17.69	-217.67	250.85
Free Cash Flow	67.23	69.9	29.74	-25.43	20.12
Free Cash Flow Growth	-3.82%	135.00%	-	-	-
Free Cash Flow Margin	8.92%	9.34%	4.95%	-4.44%	4.10%
Free Cash Flow Per Share	2.24	2.57	1.16	-0.82	0.80
Cash Income Tax Paid	-0.06	3.82	7.2	3.93	2
Levered Free Cash Flow	66.11	76.41	44.85	-16.13	40.99
Unlevered Free Cash Flow	66	75.87	42.84	-17.31	32.23
Change in Working Capital	-5.25	3.21	-16.5	-5.22	-8

Source: S&P Global Market Intelligence. Standard template. Financial Sources.