Bandwidth Inc. (BAND)

NASDAQ: BAND · Real-Time Price · USD

39.14

+0.31 (0.80%)

At close: Jul 31, 2026, 4:00 PM EDT

38.80

-0.34 (-0.87%)

After-hours: Jul 31, 2026, 7:50 PM EDT

Bandwidth Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Revenue	828.24	753.82	748.49	601.12	573.15	490.91
Revenue Growth	9.25%	0.71%	24.52%	4.88%	16.75%	43.07%
Gross Profit	308.33	295.05	279.96	236.16	238.35	213.81
Operating Income	-15.11	-14.37	-20.06	-35.46	-24.32	-2.24
Net Income	2.26	-12.91	-6.52	-16.34	19.57	-27.36
Earnings Per Share	-0.29	-0.43	-0.24	-0.64	-0.48	-1.09
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
United States	721.31	653.97	658.74	514.05	484.11	-
International	106.93	99.84	89.75	87.07	89.05	57.44
Total	828.24	753.82	748.49	601.12	573.15	490.91

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Cash & Investments	174.36	111.26	83.79	153.48	184.87	331.45
Total Debt	554.42	480.16	503.59	644.54	492.64	498.27
Net Cash (Debt)	-380.06	-368.89	-419.8	-491.06	-307.76	-166.81
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-11.92	-12.30	-15.43	-19.17	-9.96	-6.65

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Operating Cash Flow	98.39	89.49	83.88	39	34.91	40.8
Capital Expenditures	-21.04	-22.26	-13.99	-9.26	-60.34	-50.7
Free Cash Flow	77.35	67.23	69.9	29.74	-25.43	-9.9
Free Cash Flow Growth	14.02%	-3.82%	135.00%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Gross Margin	37.23%	39.14%	37.40%	39.29%	41.59%	43.55%
Operating Margin	-1.82%	-1.91%	-2.68%	-5.90%	-4.24%	-0.46%
Pretax Margin	-0.70%	-2.20%	-1.20%	-3.21%	3.02%	-6.35%
Profit Margin	0.27%	-1.71%	-0.87%	-2.72%	3.41%	-5.57%
FCF Margin	9.34%	8.92%	9.34%	4.95%	-4.44%	-2.02%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 1, 2026	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
Forward PE	20.85	9.03	11.68	12.64	53.37	211.62
P/FCF Ratio	16.28	7.20	6.95	12.73	-	-
PS Ratio	1.52	0.64	0.65	0.63	1.01	3.68