Bandwidth Inc. (BAND) Financial Statements
Industry: Prepackaged Software (Services)
In fiscal 2025, Bandwidth reported revenue of $753.8M, up 0.7% from $748.5M the year before. Net income was -$12.9M (a -1.7% net margin), or -$0.43 per diluted share. Gross margin was 39.1% and operating margin was -1.9%. Operating activities generated $89.5M of cash. At fiscal year end, Bandwidth held $1.05B in total assets against $652.7M in total liabilities, including $102.8M of cash and equivalents.
Open the full interactive Bandwidth financials → Quarterly statements, key ratios, valuation history and price charts.
Bandwidth Key Stats
| Share Price | $52.73 |
|---|---|
| Market Cap | $1.77B |
| Revenue YoY Growth | +0.7% |
| 52-Week Range | $12.82 – $78.44 |
| Shares Outstanding | 32.1 million (basic, 2026 Q2) |
Bandwidth Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $343.1M | $490.9M | $573.2M | $601.1M | $748.5M | $753.8M |
| Cost of Goods Sold | $185.3M | $272.4M | $334.8M | $365.0M | $468.5M | $458.8M |
| Gross Profit | $157.9M | $218.5M | $238.4M | $236.2M | $280.0M | $295.1M |
| Operating Income | -$13.5M | -$2.2M | -$24.3M | -$35.5M | -$20.1M | -$14.4M |
| Pre-Tax Income | -$29.0M | -$31.2M | $17.3M | -$19.3M | -$8.9M | -$16.6M |
| Income Tax | $15.0M | -$3.8M | -$2.3M | -$3.0M | -$2.4M | -$3.7M |
| Net Income | -$44.0M | -$27.4M | $19.6M | -$16.3M | -$6.5M | -$12.9M |
| Diluted EPS | -$1.83 | -$1.09 | -$0.48 | -$0.64 | -$0.24 | -$0.43 |
Bandwidth Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $191.9M | $207.7M | $208.8M | $219.9M |
| Net Income | -$1.2M | -$3.0M | $4.1M | $2.4M |
| Diluted EPS | -$0.04 | -$0.10 | -$0.08 | -$0.07 |
Bandwidth Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $72.2M | $331.5M | $113.6M | $132.0M | $81.8M | $102.8M |
| Current Assets | $193.6M | $412.9M | $279.6M | $252.8M | $187.8M | $219.1M |
| Total Assets | $890.6M | $1.07B | $929.3M | $1.10B | $989.2M | $1.05B |
| Current Liabilities | $92.2M | $93.5M | $114.0M | $122.8M | $140.3M | $154.1M |
| Total Long-Term Debt | $282.2M | $486.4M | $480.5M | $418.5M | $281.3M | $247.6M |
| Total Liabilities | $460.7M | $652.9M | $657.1M | $803.7M | $676.6M | $652.7M |
| Shareholders' Equity | $429.9M | $412.6M | $272.2M | $297.4M | $312.5M | $400.0M |
Bandwidth Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $4.5M | $40.8M | $34.9M | $39.0M | $83.9M | $89.5M |
| Cash From Investing | -$455.1M | $2.8M | -$133.4M | $30.8M | -$1.4M | -$39.1M |
| Cash From Financing | $346.9M | $207.0M | -$120.0M | -$52.8M | -$131.3M | -$29.1M |
| Free Cash Flow | -$7.8M | — | — | — | — | — |
Figures from Bandwidth's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Bandwidth financials page for every line item.
Bandwidth Company Profile
| Ticker | BAND |
|---|---|
| Exchange | Nasdaq |
| Industry | Prepackaged Software (Services) |
| Headquarters | Raleigh, North Carolina |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001514416 |
Frequently Asked Questions
What was Bandwidth's revenue in fiscal 2025?
Bandwidth (BAND) reported revenue of $753.8M for fiscal 2025.
What is Bandwidth's annual revenue history?
Bandwidth's annual revenue by fiscal year: 2020: $343.1M; 2021: $490.9M; 2022: $573.2M; 2023: $601.1M; 2024: $748.5M; 2025: $753.8M.
What was Bandwidth's net income in fiscal 2025?
Bandwidth reported net income of -$12.9M for fiscal 2025.
What was Bandwidth's earnings per share (EPS) in fiscal 2025?
Bandwidth's diluted EPS was -$0.43 for fiscal 2025 (adjusted for any later stock splits).
What was Bandwidth's revenue last quarter?
In its most recent reported quarter (2026 Q2), Bandwidth reported revenue of $219.9M.
How much debt does Bandwidth have?
Bandwidth reported $247.6M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Bandwidth are outstanding?
Bandwidth reported a weighted average of 32.1 million basic shares outstanding in 2026 Q2.
What is Bandwidth's market cap?
Based on its latest closing price, Bandwidth (BAND) has a market capitalization of about $1.77B.
When does Bandwidth's fiscal year end?
Bandwidth's fiscal year end, as registered with the SEC, is December 31.
Where is Bandwidth headquartered?
Bandwidth lists its business address in Raleigh, North Carolina in its SEC filings.