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Side-by-side financial comparison of Bandwidth Inc. (BAND) and Claritev Corp (CTEV). Click either name above to swap in a different company.
Claritev Corp is the larger business by last-quarter revenue ($246.6M vs $208.8M, roughly 1.2× Bandwidth Inc.). Bandwidth Inc. runs the higher net margin — 1.9% vs -32.7%, a 34.6% gap on every dollar of revenue. On growth, Bandwidth Inc. posted the faster year-over-year revenue change (20.1% vs 6.2%). Claritev Corp produced more free cash flow last quarter ($36.4M vs $-1.0M). Over the past eight quarters, Bandwidth Inc.'s revenue compounded faster (9.7% CAGR vs 2.5%).
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.
BAND vs CTEV — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $208.8M | $246.6M |
| Net Profit | $4.0M | $-80.6M |
| Gross Margin | 37.3% | — |
| Operating Margin | 60.5% | -3.1% |
| Net Margin | 1.9% | -32.7% |
| Revenue YoY | 20.1% | 6.2% |
| Net Profit YoY | 200.0% | 41.6% |
| EPS (diluted) | $-0.08 | $-4.88 |
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 | $207.7M | $246.6M | ||
| Q3 25 | $191.9M | $246.0M | ||
| Q2 25 | $180.0M | $241.6M | ||
| Q1 25 | $174.2M | $231.3M | ||
| Q4 24 | $210.0M | $232.1M | ||
| Q3 24 | $193.9M | $230.5M | ||
| Q2 24 | $173.6M | $233.5M |
| Q1 26 | $4.0M | — | ||
| Q4 25 | — | $-80.6M | ||
| Q3 25 | $-1.2M | $-69.8M | ||
| Q2 25 | $-4.9M | $-62.6M | ||
| Q1 25 | $-3.7M | $-71.3M | ||
| Q4 24 | — | $-138.0M | ||
| Q3 24 | $413.0K | $-391.4M | ||
| Q2 24 | $4.1M | $-576.7M |
| Q1 26 | 37.3% | — | ||
| Q4 25 | 37.6% | — | ||
| Q3 25 | 38.5% | — | ||
| Q2 25 | 39.8% | — | ||
| Q1 25 | 41.0% | — | ||
| Q4 24 | 36.4% | — | ||
| Q3 24 | 37.7% | — | ||
| Q2 24 | 37.3% | — |
| Q1 26 | 60.5% | — | ||
| Q4 25 | -1.9% | -3.1% | ||
| Q3 25 | -1.0% | 4.1% | ||
| Q2 25 | -2.1% | 6.9% | ||
| Q1 25 | -2.7% | 4.2% | ||
| Q4 24 | -1.3% | -17.8% | ||
| Q3 24 | -0.5% | -146.7% | ||
| Q2 24 | -3.5% | -224.4% |
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | -32.7% | ||
| Q3 25 | -0.6% | -28.4% | ||
| Q2 25 | -2.7% | -25.9% | ||
| Q1 25 | -2.1% | -30.8% | ||
| Q4 24 | — | -59.4% | ||
| Q3 24 | 0.2% | -169.8% | ||
| Q2 24 | 2.3% | -247.0% |
| Q1 26 | $-0.08 | — | ||
| Q4 25 | $-0.10 | $-4.88 | ||
| Q3 25 | $-0.04 | $-4.23 | ||
| Q2 25 | $-0.16 | $-3.81 | ||
| Q1 25 | $-0.13 | $-4.38 | ||
| Q4 24 | $0.27 | $-8.49 | ||
| Q3 24 | $0.01 | $-24.25 | ||
| Q2 24 | $-0.17 | $-35.78 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $47.3M | $16.8M |
| Total DebtLower is stronger | — | $4.6B |
| Stockholders' EquityBook value | $405.7M | $-173.9M |
| Total Assets | $984.2M | $4.9B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $47.3M | — | ||
| Q4 25 | $111.3M | $16.8M | ||
| Q3 25 | $80.4M | $39.2M | ||
| Q2 25 | $68.1M | $56.4M | ||
| Q1 25 | $41.7M | $23.1M | ||
| Q4 24 | $83.8M | $16.8M | ||
| Q3 24 | $79.9M | $86.6M | ||
| Q2 24 | $76.4M | $48.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $4.6B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | — | $4.5B | ||
| Q1 25 | — | $4.5B | ||
| Q4 24 | — | $4.5B | ||
| Q3 24 | — | $4.5B | ||
| Q2 24 | — | $4.5B |
| Q1 26 | $405.7M | — | ||
| Q4 25 | $400.0M | $-173.9M | ||
| Q3 25 | $392.7M | $-101.8M | ||
| Q2 25 | $384.5M | $-39.9M | ||
| Q1 25 | $345.4M | $14.8M | ||
| Q4 24 | $312.5M | $84.0M | ||
| Q3 24 | $336.6M | $207.6M | ||
| Q2 24 | $307.4M | $603.4M |
| Q1 26 | $984.2M | — | ||
| Q4 25 | $1.1B | $4.9B | ||
| Q3 25 | $1.0B | $5.0B | ||
| Q2 25 | $1.0B | $5.1B | ||
| Q1 25 | $964.4M | $5.1B | ||
| Q4 24 | $989.2M | $5.2B | ||
| Q3 24 | $1.0B | $5.3B | ||
| Q2 24 | $1.0B | $5.7B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 304.87× | ||
| Q4 24 | — | 53.67× | ||
| Q3 24 | — | 21.73× | ||
| Q2 24 | — | 7.48× |
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 | — | $66.3M |
| Free Cash FlowOCF − Capex | $-1.0M | $36.4M |
| FCF MarginFCF / Revenue | -0.5% | 14.8% |
| Capex IntensityCapex / Revenue | — | 12.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-12.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $38.6M | $66.3M | ||
| Q3 25 | $22.2M | $19.9M | ||
| Q2 25 | $31.7M | $61.2M | ||
| Q1 25 | $-3.1M | $-30.1M | ||
| Q4 24 | $36.5M | $-33.4M | ||
| Q3 24 | $20.5M | $72.8M | ||
| Q2 24 | $24.4M | $18.5M |
| Q1 26 | $-1.0M | — | ||
| Q4 25 | — | $36.4M | ||
| Q3 25 | — | $-16.3M | ||
| Q2 25 | — | $36.6M | ||
| Q1 25 | — | $-68.9M | ||
| Q4 24 | — | $-63.8M | ||
| Q3 24 | — | $41.1M | ||
| Q2 24 | — | $-7.0M |
| Q1 26 | -0.5% | — | ||
| Q4 25 | — | 14.8% | ||
| Q3 25 | — | -6.6% | ||
| Q2 25 | — | 15.2% | ||
| Q1 25 | — | -29.8% | ||
| Q4 24 | — | -27.5% | ||
| Q3 24 | — | 17.8% | ||
| Q2 24 | — | -3.0% |
| Q1 26 | — | — | ||
| Q4 25 | — | 12.1% | ||
| Q3 25 | — | 14.7% | ||
| Q2 25 | — | 10.2% | ||
| Q1 25 | — | 16.8% | ||
| Q4 24 | — | 13.1% | ||
| Q3 24 | — | 13.8% | ||
| Q2 24 | — | 10.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| 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.
