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

Bandwidth Inc. is the larger business by last-quarter revenue ($208.8M vs $108.5M, roughly 1.9× LIVE VENTURES Inc). Bandwidth Inc. runs the higher net margin — 1.9% vs -0.1%, a 2.0% gap on every dollar of revenue. On growth, Bandwidth Inc. posted the faster year-over-year revenue change (20.1% vs -2.7%). LIVE VENTURES Inc produced more free cash flow last quarter ($8.5M vs $-1.0M). Over the past eight quarters, Bandwidth Inc.'s revenue compounded faster (9.7% CAGR vs -4.3%).

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.

Live Nation Entertainment, Inc. is an American multinational entertainment company that was founded in 2010 following the merger of Live Nation and Ticketmaster. It continues to operate both brands as subsidiary companies, promoting and managing ticket sales for live entertainment internationally. It also owns and operates entertainment venues and manages the careers of music artists.

BAND vs LIVE — Head-to-Head

Bigger by revenue
BAND
BAND
1.9× larger
BAND
$208.8M
$108.5M
LIVE
Growing faster (revenue YoY)
BAND
BAND
+22.8% gap
BAND
20.1%
-2.7%
LIVE
Higher net margin
BAND
BAND
2.0% more per $
BAND
1.9%
-0.1%
LIVE
More free cash flow
LIVE
LIVE
$9.5M more FCF
LIVE
$8.5M
$-1.0M
BAND
Faster 2-yr revenue CAGR
BAND
BAND
Annualised
BAND
9.7%
-4.3%
LIVE

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BAND
BAND
LIVE
LIVE
Revenue
$208.8M
$108.5M
Net Profit
$4.0M
$-64.0K
Gross Margin
37.3%
32.6%
Operating Margin
60.5%
3.2%
Net Margin
1.9%
-0.1%
Revenue YoY
20.1%
-2.7%
Net Profit YoY
200.0%
-113.0%
EPS (diluted)
$-0.08
$-0.02

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
LIVE
LIVE
Q1 26
$208.8M
Q4 25
$207.7M
$108.5M
Q3 25
$191.9M
$113.9M
Q2 25
$180.0M
$112.5M
Q1 25
$174.2M
$107.0M
Q4 24
$210.0M
$111.5M
Q3 24
$193.9M
$112.7M
Q2 24
$173.6M
$123.9M
Net Profit
BAND
BAND
LIVE
LIVE
Q1 26
$4.0M
Q4 25
$-64.0K
Q3 25
$-1.2M
$997.0K
Q2 25
$-4.9M
$5.4M
Q1 25
$-3.7M
$15.9M
Q4 24
$492.0K
Q3 24
$413.0K
$-19.9M
Q2 24
$4.1M
$-2.9M
Gross Margin
BAND
BAND
LIVE
LIVE
Q1 26
37.3%
Q4 25
37.6%
32.6%
Q3 25
38.5%
32.4%
Q2 25
39.8%
34.0%
Q1 25
41.0%
32.8%
Q4 24
36.4%
31.7%
Q3 24
37.7%
31.9%
Q2 24
37.3%
29.9%
Operating Margin
BAND
BAND
LIVE
LIVE
Q1 26
60.5%
Q4 25
-1.9%
3.2%
Q3 25
-1.0%
3.3%
Q2 25
-2.1%
7.1%
Q1 25
-2.7%
2.0%
Q4 24
-1.3%
0.7%
Q3 24
-0.5%
-15.5%
Q2 24
-3.5%
0.9%
Net Margin
BAND
BAND
LIVE
LIVE
Q1 26
1.9%
Q4 25
-0.1%
Q3 25
-0.6%
0.9%
Q2 25
-2.7%
4.8%
Q1 25
-2.1%
14.8%
Q4 24
0.4%
Q3 24
0.2%
-17.6%
Q2 24
2.3%
-2.3%
EPS (diluted)
BAND
BAND
LIVE
LIVE
Q1 26
$-0.08
Q4 25
$-0.10
$-0.02
Q3 25
$-0.04
$-1.52
Q2 25
$-0.16
$1.24
Q1 25
$-0.13
$5.05
Q4 24
$0.27
$0.16
Q3 24
$0.01
$-6.31
Q2 24
$-0.17
$-0.91

Balance Sheet & Financial Strength

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

Metric
BAND
BAND
LIVE
LIVE
Cash + ST InvestmentsLiquidity on hand
$47.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$405.7M
$95.3M
Total Assets
$984.2M
$389.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAND
BAND
LIVE
LIVE
Q1 26
$47.3M
Q4 25
$111.3M
Q3 25
$80.4M
Q2 25
$68.1M
Q1 25
$41.7M
Q4 24
$83.8M
Q3 24
$79.9M
Q2 24
$76.4M
Stockholders' Equity
BAND
BAND
LIVE
LIVE
Q1 26
$405.7M
Q4 25
$400.0M
$95.3M
Q3 25
$392.7M
$95.3M
Q2 25
$384.5M
$94.3M
Q1 25
$345.4M
$88.9M
Q4 24
$312.5M
$73.3M
Q3 24
$336.6M
$72.9M
Q2 24
$307.4M
$92.7M
Total Assets
BAND
BAND
LIVE
LIVE
Q1 26
$984.2M
Q4 25
$1.1B
$389.2M
Q3 25
$1.0B
$386.4M
Q2 25
$1.0B
$387.5M
Q1 25
$964.4M
$393.6M
Q4 24
$989.2M
$395.5M
Q3 24
$1.0B
$407.5M
Q2 24
$1.0B
$436.8M

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
LIVE
LIVE
Operating Cash FlowLast quarter
$9.8M
Free Cash FlowOCF − Capex
$-1.0M
$8.5M
FCF MarginFCF / Revenue
-0.5%
7.8%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$21.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAND
BAND
LIVE
LIVE
Q1 26
Q4 25
$38.6M
$9.8M
Q3 25
$22.2M
$6.8M
Q2 25
$31.7M
$12.3M
Q1 25
$-3.1M
$231.0K
Q4 24
$36.5M
$9.4M
Q3 24
$20.5M
$6.7M
Q2 24
$24.4M
$11.7M
Free Cash Flow
BAND
BAND
LIVE
LIVE
Q1 26
$-1.0M
Q4 25
$8.5M
Q3 25
$4.8M
Q2 25
$10.8M
Q1 25
$-2.3M
Q4 24
$7.6M
Q3 24
$3.3M
Q2 24
$10.1M
FCF Margin
BAND
BAND
LIVE
LIVE
Q1 26
-0.5%
Q4 25
7.8%
Q3 25
4.2%
Q2 25
9.6%
Q1 25
-2.1%
Q4 24
6.8%
Q3 24
2.9%
Q2 24
8.2%
Capex Intensity
BAND
BAND
LIVE
LIVE
Q1 26
Q4 25
1.2%
Q3 25
1.7%
Q2 25
1.3%
Q1 25
2.3%
Q4 24
1.6%
Q3 24
3.1%
Q2 24
1.3%
Cash Conversion
BAND
BAND
LIVE
LIVE
Q1 26
Q4 25
Q3 25
6.78×
Q2 25
2.28×
Q1 25
0.01×
Q4 24
19.11×
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.

LIVE
LIVE

Steel Manufacturing Segment$31.9M29%
Flooring Manufacturing Segment$28.9M27%
Retail Flooring Segment$25.3M23%
Retail Entertainment Segment$23.6M22%

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