BAND
Bandwidth Inc
NASDAQ: BAND · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$24.20
+1.13% today
Updated 2026-04-29
Market cap
$772.19M
P/E ratio
—
P/S ratio
1.02x
EPS (TTM)
$-0.43
Dividend yield
—
52W range
$12 – $26
Volume
0.5M
Bandwidth Inc (BAND) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $137.80M | $152.13M | $162.96M | $204.11M | $232.59M | $343.11M | $490.91M | $573.15M | $601.12M | $748.49M | $753.82M |
| Revenue growth (YoY) | — | +10.4% | +7.1% | +25.3% | +14.0% | +47.5% | +43.1% | +16.8% | +4.9% | +24.5% | +0.7% |
| Cost of revenue | $79.24M | $85.22M | $89.26M | $108.14M | $124.96M | $185.25M | $272.38M | $334.80M | $364.96M | $468.53M | $483.71M |
| Gross profit | $58.56M | $66.92M | $73.69M | $95.97M | $107.64M | $157.86M | $218.52M | $238.35M | $236.16M | $279.96M | $270.10M |
| Gross margin | 42.5% | 44.0% | 45.2% | 47.0% | 46.3% | 46.0% | 44.5% | 41.6% | 39.3% | 37.4% | 35.8% |
| R&D | $7.38M | $8.52M | $10.79M | $20.90M | $31.46M | $42.06M | $55.17M | $97.99M | $104.19M | $118.63M | $125.27M |
| SG&A | $34.60M | $33.86M | $37.07M | $47.59M | $58.85M | $88.75M | $113.77M | $68.03M | $65.36M | $71.69M | $75.22M |
| Operating income | $7.96M | $15.24M | $14.62M | $6.75M | $-17.69M | $-13.51M | $-2.24M | $-24.32M | $-35.46M | $-20.06M | $-14.37M |
| Operating margin | 5.8% | 10.0% | 9.0% | 3.3% | -7.6% | -3.9% | -0.5% | -4.2% | -5.9% | -2.7% | -1.9% |
| EBITDA | $15.04M | $21.39M | $20.33M | $12.58M | $-3.89M | $8.11M | $39.83M | $62.93M | $32.55M | $42.15M | $42.59M |
| EBITDA margin | 10.9% | 14.1% | 12.5% | 6.2% | -1.7% | 2.4% | 8.1% | 11.0% | 5.4% | 5.6% | 5.6% |
| EBIT | $7.96M | $15.24M | $14.62M | $6.75M | $-17.69M | $-13.51M | $-2.53M | $20.35M | $-18.50M | $-7.09M | $-14.56M |
| Interest expense | $589000.00 | $908000.00 | $1.73M | $301000.00 | $2.47M | $16.41M | $28.78M | $3.05M | $808000.00 | $1.86M | $2.03M |
| Income tax | $408000.00 | $-11.09M | $6.92M | $-10.87M | $-17.72M | $15.01M | $-3.83M | $-2.26M | $-2.96M | $-2.43M | — |
| Effective tax rate | -6.5% | -98.5% | 53.7% | -154.1% | 116.4% | -51.8% | 12.3% | -13.1% | 15.3% | 27.1% | 0.0% |
| Net income | $-6.70M | $22.36M | $5.97M | $17.92M | $2.49M | $-43.98M | $-27.36M | $19.57M | $-16.34M | $-6.52M | $-12.91M |
| Net income growth (YoY) | — | +433.7% | -73.3% | +200.2% | -86.1% | -1863.3% | +37.8% | +171.5% | -183.5% | +60.1% | -97.9% |
| Profit margin | -4.9% | 14.7% | 3.7% | 8.8% | 1.1% | -12.8% | -5.6% | 3.4% | -2.7% | -0.9% | -1.7% |