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Bandwidth, Inc. BAND Shares (Diluted)

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Other financials

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

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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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
Basic$0.07$(0.16)$0.20$(0.29)
Diluted$(0.07)$(0.16)$(0.15)$(0.29)
Numerator used to compute net income (loss) per share:
Basic$2,387$(4,931)$6,505$(8,671)
Diluted$(2,395)$(4,931)$(5,036)$(8,671)
Weighted average number of common shares outstanding:
Basic32,129,63129,889,02031,906,99229,438,230
Diluted33,490,67729,889,02033,225,72929,438,230

Item 1. Financial Statements

FAQ

What is Bandwidth, Inc.'s shares (diluted)?
Bandwidth, Inc. (BAND) reported shares (diluted) of 33.5M in Q2 2026.
How has Bandwidth, Inc.'s shares (diluted) changed year-over-year?
Bandwidth, Inc.'s shares (diluted) increased by 12.1% year-over-year, from 29.9M to 33.5M.
What is the long-term trend for Bandwidth, Inc.'s shares (diluted)?
Over 4 years (2021 to 2025), Bandwidth, Inc.'s shares (diluted) has grown at a 4.4% compound annual growth rate (CAGR), from 100.3M to 119.1M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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