Bandwidth Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	788.36	753.82	748.49	601.12	573.15	490.91
Revenue Growth (YoY)	4.88%	0.71%	24.52%	4.88%	16.75%	43.07%
Cost of Revenue	486.91	458.77	468.53	364.96	334.8	277.09
Gross Profit	301.45	295.05	279.96	236.16	238.35	213.81
Selling, General & Admin	175.41	176.9	181.39	167.43	164.69	146.55
Research & Development	140.35	132.52	118.63	104.19	97.99	69.51
Total Operating Expenses	315.76	309.42	300.02	271.61	262.68	216.05
Operating Income	-14.3	-14.37	-20.06	-35.46	-24.32	-2.24
Interest Expense	-1.54	-2.03	-1.86	-0.81	-3.05	-28.78
Other Non-Operating Income (Expense)	3.09	-2.42	24.07	33.12	86.31	-29.13
Total Non-Operating Income (Expense)	1.55	-4.44	22.21	32.31	83.26	-57.92
Pretax Income	-4.8	-16.59	-8.95	-19.3	17.31	-31.2
Provision for Income Taxes	-5.14	-3.68	-2.43	-2.96	-2.26	-3.83
Net Income	-5.05	-12.91	-6.52	-16.34	19.57	-27.36
Net Income to Common	-5.05	-12.91	-6.52	-16.34	19.57	-27.36
Net Income Growth	-	-	-	-	-	-
Shares Outstanding (Basic)	31	30	27	26	25	25
Shares Outstanding (Diluted)	31	30	27	26	31	25
Shares Change (YoY)	7.79%	10.24%	6.24%	-17.13%	23.18%	4.14%
EPS (Basic)	-0.17	-0.43	-0.24	-0.64	0.77	-1.09
EPS (Diluted)	-0.38	-0.43	-0.24	-0.64	-0.48	-1.09
EPS Growth	-	-	-	-	-	-
Free Cash Flow	79.36	67.23	69.9	29.74	-25.43	-9.9
Free Cash Flow Growth	31.61%	-3.82%	135.00%	-	-	-
Free Cash Flow Per Share	2.56	2.24	2.57	1.16	-0.82	-0.39
Gross Margin	38.24%	39.14%	37.40%	39.29%	41.59%	43.55%
Operating Margin	-1.81%	-1.91%	-2.68%	-5.90%	-4.24%	-0.46%
Profit Margin	-0.64%	-1.71%	-0.87%	-2.72%	3.41%	-5.57%
FCF Margin	10.07%	8.92%	9.34%	4.95%	-4.44%	-2.02%
EBITDA	44.35	39.4	29.18	6.26	11.28	34.41
EBITDA Margin	5.62%	5.23%	3.90%	1.04%	1.97%	7.01%
EBIT	-14.3	-14.37	-20.06	-35.46	-24.32	-2.24
EBIT Margin	-1.81%	-1.91%	-2.68%	-5.90%	-4.24%	-0.46%
Effective Tax Rate	107.09%	22.17%	27.13%	15.33%	-13.08%	12.29%

SEC Filings: 10-K · 10-Q