Bandwidth Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	756.12	748.49	601.12	573.15	490.91	343.11
Revenue	756.12	748.49	601.12	573.15	490.91	343.11
Revenue Growth (YoY)	7.42%	24.52%	4.88%	16.75%	43.07%	47.52%
Cost of Revenue	462.63	468.53	364.96	334.8	276.59	189
Gross Profit	293.49	279.96	236.16	238.35	214.31	154.11
Selling, General & Admin	179.86	181.45	167.53	164.7	146.55	98.4
Research & Development	126.8	118.63	104.19	97.99	69.51	54.56
Operating Expenses	306.66	300.08	271.72	262.69	216.06	152.95
Operating Income	-13.17	-20.12	-35.56	-24.33	-1.74	1.16
Interest Expense	-1.7	-1.86	-0.81	-3.05	-28.78	-13.67
Interest & Investment Income	0.4	1	2	1.2	-	-
Other Non Operating Income (Expenses)	-1.36	2.06	-1.2	3.78	-0.17	-1.8
EBT Excluding Unusual Items	-15.83	-18.92	-35.57	-22.4	-30.7	-14.31
Merger & Restructuring Charges	-	-	-	-	-	-14.46
Asset Writedown	-0.3	-0.3	-0.5	-0.5	-0.5	-0.2
Other Unusual Items	1.08	10.27	12.77	40.21	-	-
Pretax Income	-15.05	-8.95	-19.3	17.31	-31.2	-28.97
Income Tax Expense	-3.38	-2.43	-2.96	-2.26	-3.83	15.01
Earnings From Continuing Operations	-11.67	-6.52	-16.34	19.57	-27.36	-43.98
Net Income to Company	-	-6.52	-16.34	19.57	-27.36	-43.98
Net Income	-11.67	-6.52	-16.34	19.57	-27.36	-43.98
Net Income to Common	-11.67	-6.52	-16.34	19.57	-27.36	-43.98
Shares Outstanding (Basic)	29	27	26	25	25	24
Shares Outstanding (Diluted)	29	27	26	31	25	24
Shares Change (YoY)	9.62%	6.24%	-17.13%	23.18%	4.14%	0.71%
EPS (Basic)	-0.40	-0.24	-0.64	0.77	-1.09	-1.83
EPS (Diluted)	-0.40	-0.24	-0.64	-0.48	-1.09	-1.83
Free Cash Flow	66.86	69.9	29.74	-25.43	20.12	-7.76
Free Cash Flow Per Share	2.29	2.57	1.16	-0.82	0.80	-0.32
Gross Margin	38.81%	37.40%	39.29%	41.59%	43.66%	44.91%
Operating Margin	-1.74%	-2.69%	-5.92%	-4.25%	-0.36%	0.34%
Profit Margin	-1.54%	-0.87%	-2.72%	3.41%	-5.57%	-12.82%
Free Cash Flow Margin	8.84%	9.34%	4.95%	-4.44%	4.10%	-2.26%
EBITDA	32.39	24.92	2.96	9.07	33.1	15.96
EBITDA Margin	4.28%	3.33%	0.49%	1.58%	6.74%	4.65%
D&A For EBITDA	45.56	45.04	38.52	33.4	34.84	14.8
EBIT	-13.17	-20.12	-35.56	-24.33	-1.74	1.16
EBIT Margin	-1.74%	-2.69%	-5.92%	-4.25%	-0.36%	0.34%
Advertising Expenses	-	1.2	1.2	1.5	1.8	1.6

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q