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Bandwidth Inc. logo

Bandwidth Inc.

BAND

NASDAQTechnologySoftware - Infrastructure

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Regular session

$46.5789

−$0.9411 · -1.98%

Aug 24, 12:30 PM ET

BAND company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

54

Fair Value

Momentum

74

Gaining

Sentiment

46

Mixed

Risk resilience

42

Elevated Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Bandwidth Inc. offers a sophisticated, cloud-native Communications Platform-as-a-Service (CPaaS), primarily focused on the United States market. The company's business activities are categorized into two main segments: CPaaS and "Other." Through its robust platform, Bandwidth Inc. empowers various organizations to effortlessly build, expand, and oversee their voice and messaging communication capabilities, integrating them seamlessly into mobile applications and other connected devices. Complementing its core CPaaS offering, the company also provides services such as SIP trunking, data resale, and hosted Voice over Internet Protocol (VoIP) solutions. Bandwidth Inc. caters to a broad spectrum of clients, including major corporations, telecommunications service providers, conferencing platforms, contact centers, small and medium-sized enterprises (SMEs), and emerging technology firms. The company was established in 2000 and is currently headquartered in Raleigh, North Carolina.

Industry
Software - Infrastructure
Sector
Technology
Headquarters
US
CEO
David Andrew Morken
Listed since
Nov 9, 2017
Employees
1,100

Market position

Day range

Current $46.5789

52-week range

Current $46.5789

Open
$46.98
Previous close
$47.52
Volume
181.54K
0.14× average
Average volume
1.27M
Average daily volume
Market cap
1.5B USD
Beta
3.01
Market reference 1
50-day average
$57.1885
-18.55% below average
200-day average
$31.9826
+45.64% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.06B USD
P/E (TTM)
-594.12×
P/B (TTM)
0×
P/S (TTM)
1.81×
EV / EBITDA
27.08×
Earnings yield
-2.79%
Free cash flow yield
14.51%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
37.23%
Operating margin
-1.82%
Net margin
0.27%
Return on equity
-3.23%
Return on assets
-1.15%
Return on invested capital
-1.14%

Financial health

Debt / equity
1.47×
Current ratio
1.39×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends50%29%9%-11%Gross margin, FY2021: 44.51%Gross margin, FY2022: 41.59%Gross margin, FY2023: 39.29%Gross margin, FY2024: 37.40%Gross margin, FY2025: 39.14%Operating margin, FY2021: -0.46%Operating margin, FY2022: -4.24%Operating margin, FY2023: -5.90%Operating margin, FY2024: -2.68%Operating margin, FY2025: -1.91%Net margin, FY2021: -5.57%Net margin, FY2022: 3.41%Net margin, FY2023: -2.72%Net margin, FY2024: -0.87%Net margin, FY2025: -1.71%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 44.51%. Gross margin FY2022 41.59%. Gross margin FY2023 39.29%. Gross margin FY2024 37.40%. Gross margin FY2025 39.14%. Operating margin FY2021 -0.46%. Operating margin FY2022 -4.24%. Operating margin FY2023 -5.90%. Operating margin FY2024 -2.68%. Operating margin FY2025 -1.91%. Net margin FY2021 -5.57%. Net margin FY2022 3.41%. Net margin FY2023 -2.72%. Net margin FY2024 -0.87%. Net margin FY2025 -1.71%.

Income trends

Revenue

753.82M USD+0.71%

Operating income

−14.37M USD+28.37%

Net income

−12.91M USD-97.92%
Income trends across reported periods832.74M USD517.03M USD201.33M USD−114.38M USDRevenue, FY2021: 490.91M USDRevenue, FY2022: 573.15M USDRevenue, FY2023: 601.12M USDRevenue, FY2024: 748.49M USDRevenue, FY2025: 753.82M USDOperating income, FY2021: −2.24M USDOperating income, FY2022: −24.32M USDOperating income, FY2023: −35.46M USDOperating income, FY2024: −20.06M USDOperating income, FY2025: −14.37M USDNet income, FY2021: −27.36M USDNet income, FY2022: 19.57M USDNet income, FY2023: −16.34M USDNet income, FY2024: −6.52M USDNet income, FY2025: −12.91M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 490.91M USD. Revenue FY2022 573.15M USD. Revenue FY2023 601.12M USD. Revenue FY2024 748.49M USD. Revenue FY2025 753.82M USD. Operating income FY2021 −2.24M USD. Operating income FY2022 −24.32M USD. Operating income FY2023 −35.46M USD. Operating income FY2024 −20.06M USD. Operating income FY2025 −14.37M USD. Net income FY2021 −27.36M USD. Net income FY2022 19.57M USD. Net income FY2023 −16.34M USD. Net income FY2024 −6.52M USD. Net income FY2025 −12.91M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue753.82M USD748.49M USD601.12M USD573.15M USD490.91M USD
Cost of goods sold458.77M USD468.53M USD364.96M USD334.8M USD272.38M USD
Gross profit295.05M USD279.96M USD236.16M USD238.35M USD218.52M USD
Research and development132.52M USD118.63M USD104.19M USD97.99M USD55.17M USD
Selling, general, and administrative176.9M USD181.39M USD167.43M USD164.69M USD165.59M USD
Operating expenses309.42M USD300.02M USD271.61M USD262.68M USD220.76M USD
Interest expense2.03M USD1.86M USD808K USD3.05M USD28.78M USD
Depreciation and amortization53.76M USD49.24M USD51.04M USD42.58M USD42.36M USD
Operating income−14.37M USD−20.06M USD−35.46M USD−24.32M USD−2.24M USD
Net income−12.91M USD−6.52M USD−16.34M USD19.57M USD−27.36M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 2 misses, 1 met estimate
Average EPS surprise
+15.64%
11 comparable reports
Latest EPS result
0.37
Estimate 0.37 · Beat by 1.31%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.520.430.340.25Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26MetQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 0.37, estimate 0.38, surprise -2.63%, Miss. Q2 2025, reported May 7, 2025: actual 0.36, estimate 0.29, surprise +24.14%, Beat. Q3 2025, reported Jul 29, 2025: actual 0.38, estimate 0.32, surprise +18.75%, Beat. Q4 2025, reported Oct 30, 2025: actual 0.36, estimate 0.38, surprise -5.26%, Miss. Q1 2026, reported Feb 19, 2026: actual 0.35, estimate 0.35, surprise 0.00%, Met estimate. Q2 2026, reported Apr 30, 2026: actual 0.38, estimate 0.32, surprise +18.75%, Beat. Q3 2026, reported Jul 29, 2026: actual 0.37, estimate 0.365, surprise +1.31%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 0.48, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates242.26M215.02M187.78M160.54MQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 209.97M USD, estimate 182.73M USD, surprise +14.91%, Beat. Q2 2025, reported May 7, 2025: actual 174.24M USD, estimate 169.86M USD, surprise +2.58%, Beat. Q3 2025, reported Jul 29, 2025: actual 180.01M USD, estimate 190.37M USD, surprise -5.44%, Miss. Q4 2025, reported Oct 30, 2025: actual 191.9M USD, estimate 208.28M USD, surprise -7.86%, Miss. Q1 2026, reported Feb 19, 2026: actual 207.67M USD, estimate 208.3M USD, surprise -0.31%, Miss. Q2 2026, reported Apr 30, 2026: actual 208.78M USD, estimate 201.58M USD, surprise +3.57%, Beat. Q3 2026, reported Jul 29, 2026: actual 220M USD, estimate 217.62M USD, surprise +1.09%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 232.94M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$65.67

40.99% upside
Past 12 months12-month forecastHigh $85.00Average $65.67Low $52.00

Rating distribution

16 ratings
Strong buy00%
Buy1275%
Hold319%
Sell16%
Strong sell00%

BAND news

prnewswire.com

Bandwidth Achieves ISO/IEC 42001 Certification for AI Management System, Reinforcing Leadership in Trusted AI Infrastructure

Comprehensive scope spans products, processes and operations worldwide RALEIGH, N.C., Aug. 20, 2026 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global cloud communications company, today announced it has…

Read source
zacks.com

2 Communication Stocks Likely to Benefit From Industry Tailwinds

The infrastructure upgrade for digital transformation, fiber densification and 5G rollout should help the Zacks Communication - Infrastructure industry thrive despite short-term headwinds. BAND and ATEX are likely to…

Read source
zacks.com

Bandwidth Q2 Results Raise the Stakes for Its AI Growth Strategy

Bandwidth's Q2 beat and higher 2026 outlook put its AI strategy to the test as customer deployments and usage scale.

Read source
zacks.com

Bandwidth Stock Rises 21.7% in a Week: Can the Rally Still Continue?

Bandwidth's 22% revenue growth, record 18.3% Adjusted EBITDA margin and rising AI adoption could keep investor interest in focus.

Read source
zacks.com

Bandwidth Stock Faces a Growth Versus Valuation Test for Investors

Bandwidth Inc. BAND enters the second half of 2026 with faster enterprise demand, rising software contribution and improving profitability. The investment question is whether those gains can support the stock's valuation…

Read source
zacks.com

All You Need to Know About Bandwidth (BAND) Rating Upgrade to Buy

Bandwidth (BAND) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Read source

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ETFs holding BAND

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
36M
Weight
0.04%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$298.4-0.52%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
35.73M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$377.74-0.13%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
13.58M
Weight
0.01%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$243.73-0.73%
iShares Russell 2000 Growth ETF logoiShares Russell 2000 Growth ETFIWO
Market value
13.1M
Weight
0.09%
AUM
15.16B USD
Expense ratio
0.24%
Price / 1D
$384.06-0.85%
Fidelity Enhanced Small Cap ETF logoFidelity Enhanced Small Cap ETFFESM
Market value
12.34M
Weight
0.19%
AUM
6.03B USD
Expense ratio
0.28%
Price / 1D
$47.69-0.52%
EA Bridgeway Omni Small-Cap Value ETF logoEA Bridgeway Omni Small-Cap Value ETFBSVO
Market value
7.73M
Weight
0.31%
AUM
1.71B USD
Expense ratio
0.47%
Price / 1D
$29.54-0.27%
Schwab U.S. Small-Cap ETF logoSchwab U.S. Small-Cap ETFSCHA
Market value
6.81M
Weight
0.03%
AUM
23.1B USD
Expense ratio
0.03%
Price / 1D
$34.515-0.92%
State Street SPDR S&P Telecom ETF logoState Street SPDR S&P Telecom ETFXTL
Market value
6.79M
Weight
1.29%
AUM
527.58M USD
Expense ratio
0.35%
Price / 1D
$209.77-1.36%

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