Bandwidth Inc.BANDEarnings & Financial Report
Bandwidth Inc. is a communications platform as a service company. It sells software application programming interfaces for voice, text messaging and emergency services, using its own global IP voice network.
Revenue
$207.7M
Gross Profit
$78.1M
Operating Profit
$-3.9M
Net Profit
N/A
Gross Margin
37.6%
Operating Margin
-1.9%
Net Margin
N/A
YoY Growth
-1.1%
EPS
$-0.10
Bandwidth Inc. Q4 FY2025 Financial Summary
Bandwidth Inc. reported revenue of $207.7M (down 1.1% YoY) for Q4 FY2025, with a net profit of N/A (N/A margin). Cost of goods sold was $129.6M, operating expenses totaled $82.0M.
Key Financial Metrics
| Total Revenue | $207.7M |
|---|---|
| Net Profit | N/A |
| Gross Margin | 37.6% |
| Operating Margin | -1.9% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
Bandwidth Inc. Q4 FY2025 revenue of $207.7M breaks down across 2 segments, led by Messaging Surcharges at $192.4M (92.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Messaging Surcharges | $192.4M | 92.7% |
| Other | $15.2M | 7.3% |
Bandwidth Inc. Annual Revenue by Year
Bandwidth Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $753.8M).
| Year | Annual Revenue |
|---|---|
| 2025 | $753.8M |
| 2024 | $748.5M |
| 2023 | $601.1M |
| 2022 | $573.2M |
Bandwidth Inc. Quarterly Revenue & Net Profit History
Bandwidth Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $208.8M | +20.1% | $4.0M | 1.9% |
| Q4 FY2025 | $207.7M | -1.1% | N/A | N/A |
| Q3 FY2025 | $191.9M | -1.0% | $-1.2M | -0.6% |
| Q2 FY2025 | $180.0M | +3.7% | $-4.9M | -2.7% |
| Q1 FY2025 | $174.2M | +1.9% | $-3.7M | -2.1% |
| Q4 FY2024 | $210.0M | +27.0% | N/A | N/A |
| Q3 FY2024 | $193.9M | +27.5% | $413.0K | 0.2% |
| Q2 FY2024 | $173.6M | +19.0% | $4.1M | 2.3% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $173.6M | $193.9M | $210.0M | $174.2M | $180.0M | $191.9M | $207.7M | $208.8M |
| YoY Growth | 19.0% | 27.5% | 27.0% | 1.9% | 3.7% | -1.0% | -1.1% | 20.1% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.00B | $1.03B | $989.2M | $964.4M | $1.02B | $1.03B | $1.05B | $984.2M |
| Liabilities | $694.7M | $693.2M | $676.6M | $619.0M | $637.9M | $640.6M | $652.7M | $578.5M |
| Equity | $307.4M | $336.6M | $312.5M | $345.4M | $384.5M | $392.7M | $400.0M | $405.7M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $24.4M | $20.5M | $36.5M | $-3.1M | $31.7M | $22.2M | $38.6M |