vs

Side-by-side financial comparison of Bandwidth Inc. (BAND) and GCI Liberty, Inc. (GLIBA). Click either name above to swap in a different company.

GCI Liberty, Inc. is the larger business by last-quarter revenue ($257.0M vs $208.8M, roughly 1.2× Bandwidth Inc.). Bandwidth Inc. runs the higher net margin — 1.9% vs -150.6%, a 152.5% gap on every dollar of revenue. GCI Liberty, Inc. produced more free cash flow last quarter ($21.0M vs $-1.0M).

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.

GCI Communication Corp (GCI) is a telecommunications corporation operating in Alaska. Through its own facilities and agreements with other providers, GCI provides Internet access, landline, and cellular telephone service. It is a subsidiary of GCI Liberty, Inc.

BAND vs GLIBA — Head-to-Head

Bigger by revenue
GLIBA
GLIBA
1.2× larger
GLIBA
$257.0M
$208.8M
BAND
Higher net margin
BAND
BAND
152.5% more per $
BAND
1.9%
-150.6%
GLIBA
More free cash flow
GLIBA
GLIBA
$22.0M more FCF
GLIBA
$21.0M
$-1.0M
BAND

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
BAND
BAND
GLIBA
GLIBA
Revenue
$208.8M
$257.0M
Net Profit
$4.0M
$-387.0M
Gross Margin
37.3%
Operating Margin
60.5%
-189.9%
Net Margin
1.9%
-150.6%
Revenue YoY
20.1%
Net Profit YoY
200.0%
EPS (diluted)
$-0.08
$-13.34

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
GLIBA
GLIBA
Q1 26
$208.8M
Q4 25
$207.7M
Q3 25
$191.9M
$257.0M
Q2 25
$180.0M
$261.0M
Q1 25
$174.2M
Q4 24
$210.0M
Q3 24
$193.9M
Q2 24
$173.6M
Net Profit
BAND
BAND
GLIBA
GLIBA
Q1 26
$4.0M
Q4 25
Q3 25
$-1.2M
$-387.0M
Q2 25
$-4.9M
$27.0M
Q1 25
$-3.7M
Q4 24
Q3 24
$413.0K
Q2 24
$4.1M
Gross Margin
BAND
BAND
GLIBA
GLIBA
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
GLIBA
GLIBA
Q1 26
60.5%
Q4 25
-1.9%
Q3 25
-1.0%
-189.9%
Q2 25
-2.1%
19.5%
Q1 25
-2.7%
Q4 24
-1.3%
Q3 24
-0.5%
Q2 24
-3.5%
Net Margin
BAND
BAND
GLIBA
GLIBA
Q1 26
1.9%
Q4 25
Q3 25
-0.6%
-150.6%
Q2 25
-2.7%
10.3%
Q1 25
-2.1%
Q4 24
Q3 24
0.2%
Q2 24
2.3%
EPS (diluted)
BAND
BAND
GLIBA
GLIBA
Q1 26
$-0.08
Q4 25
$-0.10
Q3 25
$-0.04
$-13.34
Q2 25
$-0.16
Q1 25
$-0.13
Q4 24
$0.27
Q3 24
$0.01
Q2 24
$-0.17

Balance Sheet & Financial Strength

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

Metric
BAND
BAND
GLIBA
GLIBA
Cash + ST InvestmentsLiquidity on hand
$47.3M
$124.0M
Total DebtLower is stronger
$985.0M
Stockholders' EquityBook value
$405.7M
$1.4B
Total Assets
$984.2M
$3.0B
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAND
BAND
GLIBA
GLIBA
Q1 26
$47.3M
Q4 25
$111.3M
Q3 25
$80.4M
$124.0M
Q2 25
$68.1M
$104.0M
Q1 25
$41.7M
Q4 24
$83.8M
Q3 24
$79.9M
Q2 24
$76.4M
Total Debt
BAND
BAND
GLIBA
GLIBA
Q1 26
Q4 25
Q3 25
$985.0M
Q2 25
$987.0M
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
BAND
BAND
GLIBA
GLIBA
Q1 26
$405.7M
Q4 25
$400.0M
Q3 25
$392.7M
$1.4B
Q2 25
$384.5M
Q1 25
$345.4M
Q4 24
$312.5M
Q3 24
$336.6M
Q2 24
$307.4M
Total Assets
BAND
BAND
GLIBA
GLIBA
Q1 26
$984.2M
Q4 25
$1.1B
Q3 25
$1.0B
$3.0B
Q2 25
$1.0B
$3.4B
Q1 25
$964.4M
Q4 24
$989.2M
Q3 24
$1.0B
Q2 24
$1.0B
Debt / Equity
BAND
BAND
GLIBA
GLIBA
Q1 26
Q4 25
Q3 25
0.72×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

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
GLIBA
GLIBA
Operating Cash FlowLast quarter
$76.0M
Free Cash FlowOCF − Capex
$-1.0M
$21.0M
FCF MarginFCF / Revenue
-0.5%
8.2%
Capex IntensityCapex / Revenue
21.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAND
BAND
GLIBA
GLIBA
Q1 26
Q4 25
$38.6M
Q3 25
$22.2M
$76.0M
Q2 25
$31.7M
$226.0M
Q1 25
$-3.1M
Q4 24
$36.5M
Q3 24
$20.5M
Q2 24
$24.4M
Free Cash Flow
BAND
BAND
GLIBA
GLIBA
Q1 26
$-1.0M
Q4 25
Q3 25
$21.0M
Q2 25
$107.0M
Q1 25
Q4 24
Q3 24
Q2 24
FCF Margin
BAND
BAND
GLIBA
GLIBA
Q1 26
-0.5%
Q4 25
Q3 25
8.2%
Q2 25
41.0%
Q1 25
Q4 24
Q3 24
Q2 24
Capex Intensity
BAND
BAND
GLIBA
GLIBA
Q1 26
Q4 25
Q3 25
21.4%
Q2 25
45.6%
Q1 25
Q4 24
Q3 24
Q2 24
Cash Conversion
BAND
BAND
GLIBA
GLIBA
Q1 26
Q4 25
Q3 25
Q2 25
8.37×
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.

Related Comparisons