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Side-by-side financial comparison of Bandwidth Inc. (BAND) and BRADY CORP (BRC). Click either name above to swap in a different company.
BRADY CORP is the larger business by last-quarter revenue ($405.3M vs $207.7M, roughly 2.0× Bandwidth Inc.). On growth, BRADY CORP posted the faster year-over-year revenue change (7.5% vs -1.1%). Over the past eight quarters, BRADY CORP's revenue compounded faster (12.1% CAGR vs 10.2%).
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.
Brady Corporation is an American developer and manufacturer of specialty products, technical equipment, and services for identifying components used in workplaces. Headquartered in Milwaukee, Wisconsin, Brady employs 6,600 people in North and South America, Europe, Asia, and Australia and serves customers and markets globally. Brady Corporation was founded as W.H. Brady Co. in Eau Claire, Wisconsin, in 1914, by William Henry Brady (1879–1953). In 1984, the company went public and began tradi...
BAND vs BRC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $207.7M | $405.3M |
| Net Profit | — | $53.9M |
| Gross Margin | 37.6% | 51.5% |
| Operating Margin | -1.9% | 16.8% |
| Net Margin | — | 13.3% |
| Revenue YoY | -1.1% | 7.5% |
| Net Profit YoY | — | 15.3% |
| EPS (diluted) | $-0.10 | — |
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.
| Q4 25 | $207.7M | $405.3M | ||
| Q3 25 | $191.9M | $397.3M | ||
| Q2 25 | $180.0M | $382.6M | ||
| Q1 25 | $174.2M | $356.7M | ||
| Q4 24 | $210.0M | $377.1M | ||
| Q3 24 | $193.9M | $343.4M | ||
| Q2 24 | $173.6M | $343.4M | ||
| Q1 24 | $171.0M | $322.6M |
| Q4 25 | — | $53.9M | ||
| Q3 25 | $-1.2M | $49.9M | ||
| Q2 25 | $-4.9M | $52.3M | ||
| Q1 25 | $-3.7M | $40.3M | ||
| Q4 24 | — | $46.8M | ||
| Q3 24 | $413.0K | $55.5M | ||
| Q2 24 | $4.1M | $50.9M | ||
| Q1 24 | $-9.2M | $43.6M |
| Q4 25 | 37.6% | 51.5% | ||
| Q3 25 | 38.5% | 50.4% | ||
| Q2 25 | 39.8% | 51.0% | ||
| Q1 25 | 41.0% | 49.3% | ||
| Q4 24 | 36.4% | 50.3% | ||
| Q3 24 | 37.7% | 51.6% | ||
| Q2 24 | 37.3% | 51.6% | ||
| Q1 24 | 38.3% | 50.2% |
| Q4 25 | -1.9% | 16.8% | ||
| Q3 25 | -1.0% | 14.9% | ||
| Q2 25 | -2.1% | 17.6% | ||
| Q1 25 | -2.7% | 14.4% | ||
| Q4 24 | -1.3% | 15.6% | ||
| Q3 24 | -0.5% | 19.3% | ||
| Q2 24 | -3.5% | 18.5% | ||
| Q1 24 | -6.1% | 16.7% |
| Q4 25 | — | 13.3% | ||
| Q3 25 | -0.6% | 12.6% | ||
| Q2 25 | -2.7% | 13.7% | ||
| Q1 25 | -2.1% | 11.3% | ||
| Q4 24 | — | 12.4% | ||
| Q3 24 | 0.2% | 16.1% | ||
| Q2 24 | 2.3% | 14.8% | ||
| Q1 24 | -5.4% | 13.5% |
| Q4 25 | $-0.10 | — | ||
| Q3 25 | $-0.04 | — | ||
| Q2 25 | $-0.16 | — | ||
| Q1 25 | $-0.13 | — | ||
| Q4 24 | $0.27 | — | ||
| Q3 24 | $0.01 | — | ||
| Q2 24 | $-0.17 | — | ||
| Q1 24 | $-0.35 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $111.3M | $182.7M |
| Total DebtLower is stronger | — | $115.9M |
| Stockholders' EquityBook value | $400.0M | $1.2B |
| Total Assets | $1.1B | $1.8B |
| Debt / EquityLower = less leverage | — | 0.09× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $111.3M | $182.7M | ||
| Q3 25 | $80.4M | $174.3M | ||
| Q2 25 | $68.1M | $152.2M | ||
| Q1 25 | $41.7M | $138.5M | ||
| Q4 24 | $83.8M | $145.7M | ||
| Q3 24 | $79.9M | $250.1M | ||
| Q2 24 | $76.4M | $160.5M | ||
| Q1 24 | $147.2M | $143.9M |
| Q4 25 | — | $115.9M | ||
| Q3 25 | — | $99.8M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $90.9M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $400.0M | $1.2B | ||
| Q3 25 | $392.7M | $1.2B | ||
| Q2 25 | $384.5M | $1.2B | ||
| Q1 25 | $345.4M | $1.1B | ||
| Q4 24 | $312.5M | $1.1B | ||
| Q3 24 | $336.6M | $1.1B | ||
| Q2 24 | $307.4M | $1.0B | ||
| Q1 24 | $298.2M | $1.0B |
| Q4 25 | $1.1B | $1.8B | ||
| Q3 25 | $1.0B | $1.7B | ||
| Q2 25 | $1.0B | $1.7B | ||
| Q1 25 | $964.4M | $1.6B | ||
| Q4 24 | $989.2M | $1.6B | ||
| Q3 24 | $1.0B | $1.5B | ||
| Q2 24 | $1.0B | $1.4B | ||
| Q1 24 | $1.1B | $1.4B |
| Q4 25 | — | 0.09× | ||
| Q3 25 | — | 0.08× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.09× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $38.6M | $33.4M |
| Free Cash FlowOCF − Capex | — | $22.4M |
| FCF MarginFCF / Revenue | — | 5.5% |
| Capex IntensityCapex / Revenue | — | 2.7% |
| Cash ConversionOCF / Net Profit | — | 0.62× |
| TTM Free Cash FlowTrailing 4 quarters | — | $159.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $38.6M | $33.4M | ||
| Q3 25 | $22.2M | $58.3M | ||
| Q2 25 | $31.7M | $59.9M | ||
| Q1 25 | $-3.1M | $39.6M | ||
| Q4 24 | $36.5M | $23.4M | ||
| Q3 24 | $20.5M | $84.0M | ||
| Q2 24 | $24.4M | $72.7M | ||
| Q1 24 | $2.5M | $36.1M |
| Q4 25 | — | $22.4M | ||
| Q3 25 | — | $49.4M | ||
| Q2 25 | — | $55.6M | ||
| Q1 25 | — | $32.5M | ||
| Q4 24 | — | $16.1M | ||
| Q3 24 | — | $73.2M | ||
| Q2 24 | — | $64.4M | ||
| Q1 24 | — | $-13.5M |
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | 12.4% | ||
| Q2 25 | — | 14.5% | ||
| Q1 25 | — | 9.1% | ||
| Q4 24 | — | 4.3% | ||
| Q3 24 | — | 21.3% | ||
| Q2 24 | — | 18.8% | ||
| Q1 24 | — | -4.2% |
| Q4 25 | — | 2.7% | ||
| Q3 25 | — | 2.2% | ||
| Q2 25 | — | 1.1% | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 1.9% | ||
| Q3 24 | — | 3.1% | ||
| Q2 24 | — | 2.4% | ||
| Q1 24 | — | 15.4% |
| Q4 25 | — | 0.62× | ||
| Q3 25 | — | 1.17× | ||
| Q2 25 | — | 1.15× | ||
| Q1 25 | — | 0.98× | ||
| Q4 24 | — | 0.50× | ||
| Q3 24 | 49.55× | 1.51× | ||
| Q2 24 | 6.03× | 1.43× | ||
| Q1 24 | — | 0.83× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BAND
| Messaging Surcharges | $192.4M | 93% |
| Other | $15.2M | 7% |
BRC
| Americas Asia | $215.1M | 53% |
| Europe Australia | $119.9M | 30% |
| Other | $70.2M | 17% |
