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Side-by-side financial comparison of Azenta, Inc. (AZTA) and Bandwidth Inc. (BAND). Click either name above to swap in a different company.
Bandwidth Inc. is the larger business by last-quarter revenue ($208.8M vs $148.6M, roughly 1.4× Azenta, Inc.). Bandwidth Inc. runs the higher net margin — 1.9% vs -10.4%, a 12.3% gap on every dollar of revenue. On growth, Bandwidth Inc. posted the faster year-over-year revenue change (20.1% vs 0.8%). Azenta, Inc. produced more free cash flow last quarter ($14.7M vs $-1.0M). Over the past eight quarters, Bandwidth Inc.'s revenue compounded faster (9.7% CAGR vs 4.4%).
Azenta, was founded in 1978, and is based in Chelmsford, Massachusetts, United States. The company is a provider of life sciences services including genomics, cryogenic storage, automation, and informatics.
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.
AZTA vs BAND — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $148.6M | $208.8M |
| Net Profit | $-15.4M | $4.0M |
| Gross Margin | 42.9% | 37.3% |
| Operating Margin | -4.9% | 60.5% |
| Net Margin | -10.4% | 1.9% |
| Revenue YoY | 0.8% | 20.1% |
| Net Profit YoY | -15.7% | 200.0% |
| EPS (diluted) | $-0.34 | $-0.08 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $208.8M | ||
| Q4 25 | $148.6M | $207.7M | ||
| Q3 25 | $159.2M | $191.9M | ||
| Q2 25 | $143.9M | $180.0M | ||
| Q1 25 | $143.3M | $174.2M | ||
| Q4 24 | $147.4M | $210.0M | ||
| Q3 24 | $150.6M | $193.9M | ||
| Q2 24 | $144.3M | $173.6M |
| Q1 26 | — | $4.0M | ||
| Q4 25 | $-15.4M | — | ||
| Q3 25 | $50.9M | $-1.2M | ||
| Q2 25 | $-48.0M | $-4.9M | ||
| Q1 25 | $-47.7M | $-3.7M | ||
| Q4 24 | $-11.0M | — | ||
| Q3 24 | $-6.6M | $413.0K | ||
| Q2 24 | $-6.6M | $4.1M |
| Q1 26 | — | 37.3% | ||
| Q4 25 | 42.9% | 37.6% | ||
| Q3 25 | 45.4% | 38.5% | ||
| Q2 25 | 46.2% | 39.8% | ||
| Q1 25 | 43.8% | 41.0% | ||
| Q4 24 | 46.7% | 36.4% | ||
| Q3 24 | 45.5% | 37.7% | ||
| Q2 24 | 44.8% | 37.3% |
| Q1 26 | — | 60.5% | ||
| Q4 25 | -4.9% | -1.9% | ||
| Q3 25 | 1.2% | -1.0% | ||
| Q2 25 | -1.3% | -2.1% | ||
| Q1 25 | -12.7% | -2.7% | ||
| Q4 24 | -5.9% | -1.3% | ||
| Q3 24 | -3.1% | -0.5% | ||
| Q2 24 | -4.9% | -3.5% |
| Q1 26 | — | 1.9% | ||
| Q4 25 | -10.4% | — | ||
| Q3 25 | 32.0% | -0.6% | ||
| Q2 25 | -33.4% | -2.7% | ||
| Q1 25 | -33.3% | -2.1% | ||
| Q4 24 | -7.5% | — | ||
| Q3 24 | -4.4% | 0.2% | ||
| Q2 24 | -4.5% | 2.3% |
| Q1 26 | — | $-0.08 | ||
| Q4 25 | $-0.34 | $-0.10 | ||
| Q3 25 | $1.12 | $-0.04 | ||
| Q2 25 | $-1.05 | $-0.16 | ||
| Q1 25 | $-1.04 | $-0.13 | ||
| Q4 24 | $-0.25 | $0.27 | ||
| Q3 24 | $-0.25 | $0.01 | ||
| Q2 24 | $-0.12 | $-0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $336.6M | $47.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.7B | $405.7M |
| Total Assets | $2.1B | $984.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $47.3M | ||
| Q4 25 | $336.6M | $111.3M | ||
| Q3 25 | $279.8M | $80.4M | ||
| Q2 25 | $270.0M | $68.1M | ||
| Q1 25 | $253.6M | $41.7M | ||
| Q4 24 | $377.5M | $83.8M | ||
| Q3 24 | $280.0M | $79.9M | ||
| Q2 24 | $336.5M | $76.4M |
| Q1 26 | — | $405.7M | ||
| Q4 25 | $1.7B | $400.0M | ||
| Q3 25 | $1.7B | $392.7M | ||
| Q2 25 | $1.7B | $384.5M | ||
| Q1 25 | $1.7B | $345.4M | ||
| Q4 24 | $1.7B | $312.5M | ||
| Q3 24 | $1.8B | $336.6M | ||
| Q2 24 | $2.0B | $307.4M |
| Q1 26 | — | $984.2M | ||
| Q4 25 | $2.1B | $1.1B | ||
| Q3 25 | $2.1B | $1.0B | ||
| Q2 25 | $2.0B | $1.0B | ||
| Q1 25 | $2.0B | $964.4M | ||
| Q4 24 | $2.0B | $989.2M | ||
| Q3 24 | $2.1B | $1.0B | ||
| Q2 24 | $2.3B | $1.0B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $20.8M | — |
| Free Cash FlowOCF − Capex | $14.7M | $-1.0M |
| FCF MarginFCF / Revenue | 9.9% | -0.5% |
| Capex IntensityCapex / Revenue | 4.2% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $30.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $20.8M | $38.6M | ||
| Q3 25 | $2.2M | $22.2M | ||
| Q2 25 | $25.8M | $31.7M | ||
| Q1 25 | $14.4M | $-3.1M | ||
| Q4 24 | $29.8M | $36.5M | ||
| Q3 24 | $17.7M | $20.5M | ||
| Q2 24 | $9.8M | $24.4M |
| Q1 26 | — | $-1.0M | ||
| Q4 25 | $14.7M | — | ||
| Q3 25 | $-5.7M | — | ||
| Q2 25 | $15.0M | — | ||
| Q1 25 | $7.0M | — | ||
| Q4 24 | $22.0M | — | ||
| Q3 24 | $8.3M | — | ||
| Q2 24 | $1.3M | — |
| Q1 26 | — | -0.5% | ||
| Q4 25 | 9.9% | — | ||
| Q3 25 | -3.6% | — | ||
| Q2 25 | 10.4% | — | ||
| Q1 25 | 4.9% | — | ||
| Q4 24 | 15.0% | — | ||
| Q3 24 | 5.5% | — | ||
| Q2 24 | 0.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | 4.2% | — | ||
| Q3 25 | 4.9% | — | ||
| Q2 25 | 7.5% | — | ||
| Q1 25 | 5.2% | — | ||
| Q4 24 | 5.3% | — | ||
| Q3 24 | 6.2% | — | ||
| Q2 24 | 5.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.04× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 49.55× | ||
| Q2 24 | — | 6.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AZTA
| Multiomics | $67.2M | 45% |
| Core Products | $47.6M | 32% |
| Sample Repository Solutions | $33.8M | 23% |
BAND
Segment breakdown not available.
