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Bandwidth, Inc. BAND Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin37.2%-1.4pp38.2%+0.2pp39.1%+1.7pp38.8%+1.1pp38.6%+0.6pp
Operating margin-1.8%-0.2pp-1.8%+0.1pp-1.9%+0.8pp-1.7%+2.2pp-1.6%+3.4pp
Net margin0.3%+1.6pp-0.6%-0.5pp-1.7%-0.8pp-1.5%+0.7pp-1.3%+1.9pp
Returns
Return on equity0.6%+3.5pp-1.3%-1.0pp-3.6%-1.5pp-3.2%+1.9pp-2.9%+4.2pp
Return on invested capital-1.9%-0.4pp-1.9%-0.1pp-1.9%+0.7pp-1.7%+1.8pp-1.5%+3.2pp
Efficiency
Asset turnover0.8×0.0×0.8×+0.1×0.7×0.0×0.7×+0.1×0.7×+0.1×
Liquidity
Current ratio+0.7×0.9×-0.4×1.4×+0.1×1.4×+0.1×1.3×+0.1×
Leverage
Debt-to-equity1.5×+0.2×0.9×-0.5×1.2×-0.4×1.2×-0.3×1.2×-0.4×
Per Share
Book value per share$11.29-12.2%$12.31+3.3%$13.33+16.1%$12.97+10.3%$12.87+23.4%
Valuation
Market capitalization$1.44B+248%$559.31M+49.2%$471.56M+0.7%$502.45M+5.1%$434.54M-4.7%
Price / earnings635.2×
Price / sales1.7×+1.2×0.7×+0.2×0.6×0.0×0.7×0.0×0.6×-0.1×
Price / book3.8×+2.7×1.4×+0.3×1.2×-0.3×1.3×-0.1×1.1×-0.4×

FAQ

What are Bandwidth, Inc.'s profit margins?
Bandwidth, Inc. (BAND) runs a 37.2% gross margin and a -1.8% operating margin, with a 0.3% net margin.
Where do Bandwidth, Inc.'s ratios come from?
Every ratio is computed from Bandwidth, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.