vs

Side-by-side financial comparison of Bandwidth Inc. (BAND) and BIOCRYST PHARMACEUTICALS INC (BCRX). Click either name above to swap in a different company.

BIOCRYST PHARMACEUTICALS INC is the larger business by last-quarter revenue ($406.6M vs $208.8M, roughly 1.9× Bandwidth Inc.). BIOCRYST PHARMACEUTICALS INC runs the higher net margin — 60.5% vs 1.9%, a 58.6% gap on every dollar of revenue. On growth, BIOCRYST PHARMACEUTICALS INC posted the faster year-over-year revenue change (209.1% vs 20.1%). BIOCRYST PHARMACEUTICALS INC produced more free cash flow last quarter ($291.2M vs $-1.0M). Over the past eight quarters, BIOCRYST PHARMACEUTICALS INC's revenue compounded faster (109.4% CAGR vs 9.7%).

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.

BioCryst Pharmaceuticals, Inc. is an American pharmaceutical company headquartered in Durham, North Carolina. The company is a late stage biotech company that focuses on oral drugs for rare and serious diseases. BioCryst's antiviral drug peramivir (Rapivab) was approved by FDA in December 2014. It has also been approved in Japan, Korea, and China.

BAND vs BCRX — Head-to-Head

Bigger by revenue
BCRX
BCRX
1.9× larger
BCRX
$406.6M
$208.8M
BAND
Growing faster (revenue YoY)
BCRX
BCRX
+189.0% gap
BCRX
209.1%
20.1%
BAND
Higher net margin
BCRX
BCRX
58.6% more per $
BCRX
60.5%
1.9%
BAND
More free cash flow
BCRX
BCRX
$292.2M more FCF
BCRX
$291.2M
$-1.0M
BAND
Faster 2-yr revenue CAGR
BCRX
BCRX
Annualised
BCRX
109.4%
9.7%
BAND

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BAND
BAND
BCRX
BCRX
Revenue
$208.8M
$406.6M
Net Profit
$4.0M
$245.8M
Gross Margin
37.3%
97.7%
Operating Margin
60.5%
64.0%
Net Margin
1.9%
60.5%
Revenue YoY
20.1%
209.1%
Net Profit YoY
200.0%
1017.5%
EPS (diluted)
$-0.08
$1.13

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.

Revenue
BAND
BAND
BCRX
BCRX
Q1 26
$208.8M
Q4 25
$207.7M
$406.6M
Q3 25
$191.9M
$159.4M
Q2 25
$180.0M
$163.4M
Q1 25
$174.2M
$145.5M
Q4 24
$210.0M
$131.5M
Q3 24
$193.9M
$117.1M
Q2 24
$173.6M
$109.3M
Net Profit
BAND
BAND
BCRX
BCRX
Q1 26
$4.0M
Q4 25
$245.8M
Q3 25
$-1.2M
$12.9M
Q2 25
$-4.9M
$5.1M
Q1 25
$-3.7M
$32.0K
Q4 24
$-26.8M
Q3 24
$413.0K
$-14.0M
Q2 24
$4.1M
$-12.7M
Gross Margin
BAND
BAND
BCRX
BCRX
Q1 26
37.3%
Q4 25
37.6%
97.7%
Q3 25
38.5%
98.6%
Q2 25
39.8%
98.3%
Q1 25
41.0%
96.9%
Q4 24
36.4%
95.4%
Q3 24
37.7%
97.3%
Q2 24
37.3%
98.4%
Operating Margin
BAND
BAND
BCRX
BCRX
Q1 26
60.5%
Q4 25
-1.9%
64.0%
Q3 25
-1.0%
18.6%
Q2 25
-2.1%
18.2%
Q1 25
-2.7%
14.6%
Q4 24
-1.3%
-3.4%
Q3 24
-0.5%
6.6%
Q2 24
-3.5%
8.0%
Net Margin
BAND
BAND
BCRX
BCRX
Q1 26
1.9%
Q4 25
60.5%
Q3 25
-0.6%
8.1%
Q2 25
-2.7%
3.1%
Q1 25
-2.1%
0.0%
Q4 24
-20.4%
Q3 24
0.2%
-12.0%
Q2 24
2.3%
-11.6%
EPS (diluted)
BAND
BAND
BCRX
BCRX
Q1 26
$-0.08
Q4 25
$-0.10
$1.13
Q3 25
$-0.04
$0.06
Q2 25
$-0.16
$0.02
Q1 25
$-0.13
$0.00
Q4 24
$0.27
$-0.13
Q3 24
$0.01
$-0.07
Q2 24
$-0.17
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BAND
BAND
BCRX
BCRX
Cash + ST InvestmentsLiquidity on hand
$47.3M
$274.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$405.7M
$-119.2M
Total Assets
$984.2M
$514.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAND
BAND
BCRX
BCRX
Q1 26
$47.3M
Q4 25
$111.3M
$274.7M
Q3 25
$80.4M
$212.9M
Q2 25
$68.1M
$260.0M
Q1 25
$41.7M
$295.1M
Q4 24
$83.8M
$320.9M
Q3 24
$79.9M
$96.8M
Q2 24
$76.4M
$78.4M
Stockholders' Equity
BAND
BAND
BCRX
BCRX
Q1 26
$405.7M
Q4 25
$400.0M
$-119.2M
Q3 25
$392.7M
$-387.9M
Q2 25
$384.5M
$-421.6M
Q1 25
$345.4M
$-451.9M
Q4 24
$312.5M
$-475.9M
Q3 24
$336.6M
$-468.6M
Q2 24
$307.4M
$-475.6M
Total Assets
BAND
BAND
BCRX
BCRX
Q1 26
$984.2M
Q4 25
$1.1B
$514.2M
Q3 25
$1.0B
$446.4M
Q2 25
$1.0B
$457.2M
Q1 25
$964.4M
$480.0M
Q4 24
$989.2M
$490.4M
Q3 24
$1.0B
$491.3M
Q2 24
$1.0B
$472.4M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BAND
BAND
BCRX
BCRX
Operating Cash FlowLast quarter
$292.0M
Free Cash FlowOCF − Capex
$-1.0M
$291.2M
FCF MarginFCF / Revenue
-0.5%
71.6%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
1.19×
TTM Free Cash FlowTrailing 4 quarters
$344.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAND
BAND
BCRX
BCRX
Q1 26
Q4 25
$38.6M
$292.0M
Q3 25
$22.2M
$41.6M
Q2 25
$31.7M
$41.3M
Q1 25
$-3.1M
$-27.5M
Q4 24
$36.5M
$-5.2M
Q3 24
$20.5M
$8.2M
Q2 24
$24.4M
$-1.4M
Free Cash Flow
BAND
BAND
BCRX
BCRX
Q1 26
$-1.0M
Q4 25
$291.2M
Q3 25
$40.3M
Q2 25
$41.1M
Q1 25
$-27.7M
Q4 24
$-5.9M
Q3 24
$8.2M
Q2 24
$-1.5M
FCF Margin
BAND
BAND
BCRX
BCRX
Q1 26
-0.5%
Q4 25
71.6%
Q3 25
25.3%
Q2 25
25.2%
Q1 25
-19.0%
Q4 24
-4.5%
Q3 24
7.0%
Q2 24
-1.4%
Capex Intensity
BAND
BAND
BCRX
BCRX
Q1 26
Q4 25
0.2%
Q3 25
0.8%
Q2 25
0.1%
Q1 25
0.1%
Q4 24
0.5%
Q3 24
0.1%
Q2 24
0.1%
Cash Conversion
BAND
BAND
BCRX
BCRX
Q1 26
Q4 25
1.19×
Q3 25
3.23×
Q2 25
8.12×
Q1 25
-859.91×
Q4 24
Q3 24
49.55×
Q2 24
6.03×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons