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Bandwidth, Inc.

BAND

Bandwidth Inc. is a global cloud communications provider that operates an owned-and-operated IP network spanning over 65 countries.

Market cap
$1.83B+338%
Revenue$828.2M+9.3%
Net income$2.3M+123%
Free cash flow$77.3M+14.0%
EPS (diluted)-$0.29+14.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Date not yet announced

Financials

Q2 2026

Income statement

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Revenue$219.9M+22.2%
Gross profit$78.5M+9.6%
Operating income-$4.6M-21.5%
Net income$2.4M+148%
EPS (diluted)-$0.07+56.3%

Balance sheet

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Cash & equivalents$170.2M+182%
Total debt$554.4M+15.5%
Total equity$378.2M-1.7%
Total assets$1.1B+7.7%

Cash flow

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Operating cash flow$28.8M-9.3%
CapEx$2.6M-26.4%
Free cash flow$26.1M-7.1%

Valuation & ratios

Valuation

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Market cap$1.83B+338%
Enterprise value$2.21B+146%
P/E808.6×
P/S2.2×+1.6×

Profitability

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Gross margin37.2%-1.4pp
Operating margin-1.8%+0.3pp
Net margin0.3%+0.1pp
FCF margin9.3%+0.4pp

Returns & leverage

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Return on equity0.6%+0.3pp
Debt / equity1.5×+0.2×
Current ratio+0.7×

Segments

By geography

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United States$194.1M

Competitors

Profile

Bandwidth Inc. is a global cloud communications provider that operates an owned-and-operated IP network spanning over 65 countries. The company provides a software-powered communications platform that enables enterprises to integrate voice, messaging, and emergency services into their applications via APIs. Its core value proposition lies in its unique position as both a software provider and a network operator, facilitating mission-critical digital transformations and AI-driven voice orchestration.

Competitive position

A leading CPaaS provider distinguished by owning its own global IP network, serving as the primary infrastructure for almost all major UCaaS and CCaaS market leaders.

GeographiesGlobal, North America, Europe
Customer segmentsEnterprise, Global 2000, Software Developers
Business modelSubscription SaaS, Usage-based API, B2B
SuppliersPublic Switched Telephone Network (PSTN) operators, Hardware infrastructure providers, Cloud data center providers
CustomersCloud communication software vendors, Enterprise IT departments, Mobile application developers
Listed2017
Employees1.1K
CEODavid Andrew Morken
FilingsSEC EDGAR

Questions, answered.

What is Bandwidth, Inc.'s market cap?
Bandwidth, Inc. (BAND) has a market capitalization of $1.8B and trades on NASDAQ.
What is Bandwidth, Inc.'s revenue and profitability?
Bandwidth, Inc. generated $828.2M in trailing twelve-month revenue with net income of $2.3M, representing a net margin of 0.3%. Gross margin stands at 37.2%, with free cash flow of $77.3M. These figures are based on the Q2 2026 filing.
Who are Bandwidth, Inc.'s competitors?
Bandwidth, Inc.'s key competitors include 8x8, Twilio, Data Storage Corporation Common Stock, and others. These companies compete in similar markets and product categories.
Who does Bandwidth, Inc. partner with?
Bandwidth, Inc.'s notable partners include Microsoft, Google, Zoom, and others.
Where is Bandwidth, Inc. headquartered?
Bandwidth, Inc. is headquartered in United States of America and employs approximately 1,100 people. It has been publicly traded since 2017.