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Bandwidth, Inc. BAND Operating Income

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Other financials

Income statement

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Revenue$219.9M+22.2%
Gross profit$78.5M+9.6%
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

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Market cap$1.44B+248%
Enterprise value$1.82B+119%
P/E635.2×
P/S1.7×+1.2×

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×

Where this comes from

Reported directly by Bandwidth, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Bandwidth, Inc.’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 7:33 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001514416-26-000057
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Sales and marketing25,36024,81849,98751,274
General and administrative20,39318,84539,83537,956
Total operating expenses83,09675,412165,631151,611
Operating loss(4,553)(3,748)(9,174)(8,435)
Other income (expense)
Net gain on extinguishment of debt5,16312,4461,082
Interest expense, net(967)(547)(1,640)(1,035)
Other (expense) income, net(45)(500)558(217)

Item 1. Financial Statements

FAQ

What is Bandwidth, Inc.'s operating income?
Bandwidth, Inc. (BAND) reported operating income of -$4.55M in Q2 2026.
How has Bandwidth, Inc.'s operating income changed year-over-year?
Bandwidth, Inc.'s operating income decreased by 21.5% year-over-year, from -$3.75M to -$4.55M.
What is the long-term trend for Bandwidth, Inc.'s operating income?
Over 4 years (2021 to 2025), Bandwidth, Inc.'s operating income has grown at a 59.2% compound annual growth rate (CAGR), from -$2.24M to -$14.37M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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