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Side-by-side financial comparison of Bandwidth Inc. (BAND) and Douglas Emmett Inc (DEI). Click either name above to swap in a different company.

Douglas Emmett Inc is the larger business by last-quarter revenue ($249.4M vs $208.8M, roughly 1.2× Bandwidth Inc.). Bandwidth Inc. runs the higher net margin — 1.9% vs -2.7%, a 4.7% gap on every dollar of revenue. On growth, Bandwidth Inc. posted the faster year-over-year revenue change (20.1% vs 1.8%). Douglas Emmett Inc produced more free cash flow last quarter ($194.5M vs $-1.0M). Over the past eight quarters, Bandwidth Inc.'s revenue compounded faster (9.7% CAGR vs 0.9%).

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.

Douglas Emmett Inc is a leading real estate investment trust (REIT) that owns, operates, and acquires high-quality office and multifamily residential properties. Its core operation areas are high-barrier-to-entry markets including Los Angeles in California and Honolulu in Hawaii, serving premium commercial and residential tenant segments.

BAND vs DEI — Head-to-Head

Bigger by revenue
DEI
DEI
1.2× larger
DEI
$249.4M
$208.8M
BAND
Growing faster (revenue YoY)
BAND
BAND
+18.3% gap
BAND
20.1%
1.8%
DEI
Higher net margin
BAND
BAND
4.7% more per $
BAND
1.9%
-2.7%
DEI
More free cash flow
DEI
DEI
$195.5M more FCF
DEI
$194.5M
$-1.0M
BAND
Faster 2-yr revenue CAGR
BAND
BAND
Annualised
BAND
9.7%
0.9%
DEI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BAND
BAND
DEI
DEI
Revenue
$208.8M
$249.4M
Net Profit
$4.0M
$-6.8M
Gross Margin
37.3%
62.2%
Operating Margin
60.5%
Net Margin
1.9%
-2.7%
Revenue YoY
20.1%
1.8%
Net Profit YoY
200.0%
-670.7%
EPS (diluted)
$-0.08
$-0.04

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
DEI
DEI
Q1 26
$208.8M
Q4 25
$207.7M
$249.4M
Q3 25
$191.9M
$250.6M
Q2 25
$180.0M
$252.4M
Q1 25
$174.2M
$251.5M
Q4 24
$210.0M
$245.0M
Q3 24
$193.9M
$250.8M
Q2 24
$173.6M
$245.8M
Net Profit
BAND
BAND
DEI
DEI
Q1 26
$4.0M
Q4 25
$-6.8M
Q3 25
$-1.2M
$-10.9M
Q2 25
$-4.9M
$-5.8M
Q1 25
$-3.7M
$39.8M
Q4 24
$-888.0K
Q3 24
$413.0K
$4.6M
Q2 24
$4.1M
$10.9M
Gross Margin
BAND
BAND
DEI
DEI
Q1 26
37.3%
Q4 25
37.6%
62.2%
Q3 25
38.5%
63.6%
Q2 25
39.8%
63.2%
Q1 25
41.0%
64.4%
Q4 24
36.4%
63.5%
Q3 24
37.7%
62.2%
Q2 24
37.3%
66.2%
Operating Margin
BAND
BAND
DEI
DEI
Q1 26
60.5%
Q4 25
-1.9%
Q3 25
-1.0%
Q2 25
-2.1%
Q1 25
-2.7%
Q4 24
-1.3%
Q3 24
-0.5%
Q2 24
-3.5%
Net Margin
BAND
BAND
DEI
DEI
Q1 26
1.9%
Q4 25
-2.7%
Q3 25
-0.6%
-4.3%
Q2 25
-2.7%
-2.3%
Q1 25
-2.1%
15.8%
Q4 24
-0.4%
Q3 24
0.2%
1.8%
Q2 24
2.3%
4.4%
EPS (diluted)
BAND
BAND
DEI
DEI
Q1 26
$-0.08
Q4 25
$-0.10
$-0.04
Q3 25
$-0.04
$-0.07
Q2 25
$-0.16
$-0.04
Q1 25
$-0.13
$0.24
Q4 24
$0.27
$-0.01
Q3 24
$0.01
$0.03
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
DEI
DEI
Cash + ST InvestmentsLiquidity on hand
$47.3M
$340.8M
Total DebtLower is stronger
$5.5B
Stockholders' EquityBook value
$405.7M
$1.9B
Total Assets
$984.2M
$9.3B
Debt / EquityLower = less leverage
2.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAND
BAND
DEI
DEI
Q1 26
$47.3M
Q4 25
$111.3M
$340.8M
Q3 25
$80.4M
$408.5M
Q2 25
$68.1M
$426.9M
Q1 25
$41.7M
$525.7M
Q4 24
$83.8M
$444.6M
Q3 24
$79.9M
$544.2M
Q2 24
$76.4M
$561.1M
Total Debt
BAND
BAND
DEI
DEI
Q1 26
Q4 25
$5.5B
Q3 25
$5.6B
Q2 25
$5.6B
Q1 25
$5.6B
Q4 24
$5.5B
Q3 24
$5.5B
Q2 24
$5.5B
Stockholders' Equity
BAND
BAND
DEI
DEI
Q1 26
$405.7M
Q4 25
$400.0M
$1.9B
Q3 25
$392.7M
$1.9B
Q2 25
$384.5M
$2.0B
Q1 25
$345.4M
$2.0B
Q4 24
$312.5M
$2.1B
Q3 24
$336.6M
$2.1B
Q2 24
$307.4M
$2.2B
Total Assets
BAND
BAND
DEI
DEI
Q1 26
$984.2M
Q4 25
$1.1B
$9.3B
Q3 25
$1.0B
$9.4B
Q2 25
$1.0B
$9.4B
Q1 25
$964.4M
$9.6B
Q4 24
$989.2M
$9.4B
Q3 24
$1.0B
$9.5B
Q2 24
$1.0B
$9.6B
Debt / Equity
BAND
BAND
DEI
DEI
Q1 26
Q4 25
2.91×
Q3 25
2.85×
Q2 25
2.78×
Q1 25
2.75×
Q4 24
2.67×
Q3 24
2.64×
Q2 24
2.56×

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
DEI
DEI
Operating Cash FlowLast quarter
$386.9M
Free Cash FlowOCF − Capex
$-1.0M
$194.5M
FCF MarginFCF / Revenue
-0.5%
78.0%
Capex IntensityCapex / Revenue
77.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$376.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAND
BAND
DEI
DEI
Q1 26
Q4 25
$38.6M
$386.9M
Q3 25
$22.2M
$109.8M
Q2 25
$31.7M
$81.3M
Q1 25
$-3.1M
$132.6M
Q4 24
$36.5M
$408.7M
Q3 24
$20.5M
$103.7M
Q2 24
$24.4M
$91.9M
Free Cash Flow
BAND
BAND
DEI
DEI
Q1 26
$-1.0M
Q4 25
$194.5M
Q3 25
$61.9M
Q2 25
$30.2M
Q1 25
$90.3M
Q4 24
$241.4M
Q3 24
$63.2M
Q2 24
$52.2M
FCF Margin
BAND
BAND
DEI
DEI
Q1 26
-0.5%
Q4 25
78.0%
Q3 25
24.7%
Q2 25
11.9%
Q1 25
35.9%
Q4 24
98.5%
Q3 24
25.2%
Q2 24
21.2%
Capex Intensity
BAND
BAND
DEI
DEI
Q1 26
Q4 25
77.1%
Q3 25
19.1%
Q2 25
20.3%
Q1 25
16.8%
Q4 24
68.3%
Q3 24
16.1%
Q2 24
16.1%
Cash Conversion
BAND
BAND
DEI
DEI
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
3.33×
Q4 24
Q3 24
49.55×
22.46×
Q2 24
6.03×
8.44×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BAND
BAND

Segment breakdown not available.

DEI
DEI

Rental Revenue And Tenant Recovery Revenue$169.4M68%
Multifamily Segment$49.9M20%
Parking Revenue And Other Income$30.2M12%

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