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

Douglas Elliman Inc. is the larger business by last-quarter revenue ($245.4M vs $208.8M, roughly 1.2× Bandwidth Inc.). Douglas Elliman Inc. runs the higher net margin — 27.9% vs 1.9%, a 26.0% gap on every dollar of revenue. On growth, Bandwidth Inc. posted the faster year-over-year revenue change (20.1% vs 0.9%). Bandwidth Inc. produced more free cash flow last quarter ($-1.0M vs $-14.7M). Over the past eight quarters, Douglas Elliman Inc.'s revenue compounded faster (10.7% 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.

Douglas Elliman Inc. is a leading U.S.-based residential real estate brokerage firm. It offers luxury property sales, rentals, property management, and advisory solutions, serving high-net-worth clients across key metro markets including New York, California, Florida, and Texas.

BAND vs DOUG — Head-to-Head

Bigger by revenue
DOUG
DOUG
1.2× larger
DOUG
$245.4M
$208.8M
BAND
Growing faster (revenue YoY)
BAND
BAND
+19.2% gap
BAND
20.1%
0.9%
DOUG
Higher net margin
DOUG
DOUG
26.0% more per $
DOUG
27.9%
1.9%
BAND
More free cash flow
BAND
BAND
$13.7M more FCF
BAND
$-1.0M
$-14.7M
DOUG
Faster 2-yr revenue CAGR
DOUG
DOUG
Annualised
DOUG
10.7%
9.7%
BAND

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BAND
BAND
DOUG
DOUG
Revenue
$208.8M
$245.4M
Net Profit
$4.0M
$68.6M
Gross Margin
37.3%
Operating Margin
60.5%
27.3%
Net Margin
1.9%
27.9%
Revenue YoY
20.1%
0.9%
Net Profit YoY
200.0%
1243.4%
EPS (diluted)
$-0.08
$0.80

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
DOUG
DOUG
Q1 26
$208.8M
Q4 25
$207.7M
$245.4M
Q3 25
$191.9M
$262.8M
Q2 25
$180.0M
$271.4M
Q1 25
$174.2M
$253.4M
Q4 24
$210.0M
$243.3M
Q3 24
$193.9M
$266.3M
Q2 24
$173.6M
$285.8M
Net Profit
BAND
BAND
DOUG
DOUG
Q1 26
$4.0M
Q4 25
$68.6M
Q3 25
$-1.2M
$-24.7M
Q2 25
$-4.9M
$-22.7M
Q1 25
$-3.7M
$-6.0M
Q4 24
$-6.0M
Q3 24
$413.0K
$-27.2M
Q2 24
$4.1M
$-1.7M
Gross Margin
BAND
BAND
DOUG
DOUG
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%
Operating Margin
BAND
BAND
DOUG
DOUG
Q1 26
60.5%
Q4 25
-1.9%
27.3%
Q3 25
-1.0%
-4.1%
Q2 25
-2.1%
-2.0%
Q1 25
-2.7%
-2.1%
Q4 24
-1.3%
-6.7%
Q3 24
-0.5%
-2.8%
Q2 24
-3.5%
-1.3%
Net Margin
BAND
BAND
DOUG
DOUG
Q1 26
1.9%
Q4 25
27.9%
Q3 25
-0.6%
-9.4%
Q2 25
-2.7%
-8.4%
Q1 25
-2.1%
-2.4%
Q4 24
-2.5%
Q3 24
0.2%
-10.2%
Q2 24
2.3%
-0.6%
EPS (diluted)
BAND
BAND
DOUG
DOUG
Q1 26
$-0.08
Q4 25
$-0.10
$0.80
Q3 25
$-0.04
$-0.29
Q2 25
$-0.16
$-0.27
Q1 25
$-0.13
$-0.07
Q4 24
$0.27
$-0.06
Q3 24
$0.01
$-0.33
Q2 24
$-0.17
$-0.02

Balance Sheet & Financial Strength

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

Metric
BAND
BAND
DOUG
DOUG
Cash + ST InvestmentsLiquidity on hand
$47.3M
$115.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$405.7M
$183.9M
Total Assets
$984.2M
$444.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAND
BAND
DOUG
DOUG
Q1 26
$47.3M
Q4 25
$111.3M
$115.5M
Q3 25
$80.4M
$143.0M
Q2 25
$68.1M
$136.3M
Q1 25
$41.7M
$136.8M
Q4 24
$83.8M
$145.5M
Q3 24
$79.9M
$151.4M
Q2 24
$76.4M
$92.9M
Stockholders' Equity
BAND
BAND
DOUG
DOUG
Q1 26
$405.7M
Q4 25
$400.0M
$183.9M
Q3 25
$392.7M
$115.1M
Q2 25
$384.5M
$137.6M
Q1 25
$345.4M
$158.2M
Q4 24
$312.5M
$162.2M
Q3 24
$336.6M
$173.6M
Q2 24
$307.4M
$196.9M
Total Assets
BAND
BAND
DOUG
DOUG
Q1 26
$984.2M
Q4 25
$1.1B
$444.4M
Q3 25
$1.0B
$480.6M
Q2 25
$1.0B
$489.0M
Q1 25
$964.4M
$493.9M
Q4 24
$989.2M
$493.9M
Q3 24
$1.0B
$502.7M
Q2 24
$1.0B
$463.9M

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
DOUG
DOUG
Operating Cash FlowLast quarter
$-14.4M
Free Cash FlowOCF − Capex
$-1.0M
$-14.7M
FCF MarginFCF / Revenue
-0.5%
-6.0%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
-0.21×
TTM Free Cash FlowTrailing 4 quarters
$-17.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAND
BAND
DOUG
DOUG
Q1 26
Q4 25
$38.6M
$-14.4M
Q3 25
$22.2M
$5.5M
Q2 25
$31.7M
$642.0K
Q1 25
$-3.1M
$-5.6M
Q4 24
$36.5M
$-9.0M
Q3 24
$20.5M
$9.0M
Q2 24
$24.4M
$1.3M
Free Cash Flow
BAND
BAND
DOUG
DOUG
Q1 26
$-1.0M
Q4 25
$-14.7M
Q3 25
$4.7M
Q2 25
$-575.0K
Q1 25
$-6.7M
Q4 24
$-10.2M
Q3 24
$7.7M
Q2 24
$432.0K
FCF Margin
BAND
BAND
DOUG
DOUG
Q1 26
-0.5%
Q4 25
-6.0%
Q3 25
1.8%
Q2 25
-0.2%
Q1 25
-2.6%
Q4 24
-4.2%
Q3 24
2.9%
Q2 24
0.2%
Capex Intensity
BAND
BAND
DOUG
DOUG
Q1 26
Q4 25
0.1%
Q3 25
0.3%
Q2 25
0.4%
Q1 25
0.4%
Q4 24
0.5%
Q3 24
0.5%
Q2 24
0.3%
Cash Conversion
BAND
BAND
DOUG
DOUG
Q1 26
Q4 25
-0.21×
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.

Revenue Breakdown by Segment

BAND
BAND

Segment breakdown not available.

DOUG
DOUG

Commissions And Other Brokerage Income$240.3M98%
Property Management Income$2.8M1%
Property Management$2.2M1%

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