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

Bandwidth Inc. is the larger business by last-quarter revenue ($208.8M vs $193.5M, roughly 1.1× MARCUS CORP). On growth, Bandwidth Inc. posted the faster year-over-year revenue change (20.1% vs 2.8%). MARCUS CORP produced more free cash flow last quarter ($26.4M vs $-1.0M). Over the past eight quarters, MARCUS CORP's revenue compounded faster (18.2% 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.

Marcus & Millichap, Inc. is an American company that provides real estate brokerage, mortgage brokerage, research, and advisory services in the U.S. and Canada in the field of commercial property. It popularized the practice of listing properties exclusively with one brokerage firm. The company has over 1,800 employees in more than 80 offices across the U.S. and Canada.

BAND vs MCS — Head-to-Head

Bigger by revenue
BAND
BAND
1.1× larger
BAND
$208.8M
$193.5M
MCS
Growing faster (revenue YoY)
BAND
BAND
+17.4% gap
BAND
20.1%
2.8%
MCS
More free cash flow
MCS
MCS
$27.4M more FCF
MCS
$26.4M
$-1.0M
BAND
Faster 2-yr revenue CAGR
MCS
MCS
Annualised
MCS
18.2%
9.7%
BAND

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BAND
BAND
MCS
MCS
Revenue
$208.8M
$193.5M
Net Profit
$4.0M
Gross Margin
37.3%
Operating Margin
60.5%
0.9%
Net Margin
1.9%
Revenue YoY
20.1%
2.8%
Net Profit YoY
200.0%
EPS (diluted)
$-0.08

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
MCS
MCS
Q1 26
$208.8M
Q4 25
$207.7M
$193.5M
Q3 25
$191.9M
$210.2M
Q2 25
$180.0M
$206.0M
Q1 25
$174.2M
$148.8M
Q4 24
$210.0M
$188.3M
Q3 24
$193.9M
$232.7M
Q2 24
$173.6M
$176.0M
Net Profit
BAND
BAND
MCS
MCS
Q1 26
$4.0M
Q4 25
Q3 25
$-1.2M
$16.2M
Q2 25
$-4.9M
$7.3M
Q1 25
$-3.7M
$-16.8M
Q4 24
$986.0K
Q3 24
$413.0K
$23.3M
Q2 24
$4.1M
$-20.2M
Gross Margin
BAND
BAND
MCS
MCS
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
MCS
MCS
Q1 26
60.5%
Q4 25
-1.9%
0.9%
Q3 25
-1.0%
10.8%
Q2 25
-2.1%
6.3%
Q1 25
-2.7%
-13.7%
Q4 24
-1.3%
-1.2%
Q3 24
-0.5%
14.1%
Q2 24
-3.5%
1.3%
Net Margin
BAND
BAND
MCS
MCS
Q1 26
1.9%
Q4 25
Q3 25
-0.6%
7.7%
Q2 25
-2.7%
3.6%
Q1 25
-2.1%
-11.3%
Q4 24
0.5%
Q3 24
0.2%
10.0%
Q2 24
2.3%
-11.5%
EPS (diluted)
BAND
BAND
MCS
MCS
Q1 26
$-0.08
Q4 25
$-0.10
Q3 25
$-0.04
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
MCS
MCS
Cash + ST InvestmentsLiquidity on hand
$47.3M
$23.4M
Total DebtLower is stronger
$159.0M
Stockholders' EquityBook value
$405.7M
$457.4M
Total Assets
$984.2M
$1.0B
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAND
BAND
MCS
MCS
Q1 26
$47.3M
Q4 25
$111.3M
$23.4M
Q3 25
$80.4M
$7.4M
Q2 25
$68.1M
$14.9M
Q1 25
$41.7M
$11.9M
Q4 24
$83.8M
$40.8M
Q3 24
$79.9M
$28.4M
Q2 24
$76.4M
$32.8M
Total Debt
BAND
BAND
MCS
MCS
Q1 26
Q4 25
$159.0M
Q3 25
$162.0M
Q2 25
$179.9M
Q1 25
$198.9M
Q4 24
$159.1M
Q3 24
$173.1M
Q2 24
$175.7M
Stockholders' Equity
BAND
BAND
MCS
MCS
Q1 26
$405.7M
Q4 25
$400.0M
$457.4M
Q3 25
$392.7M
$454.3M
Q2 25
$384.5M
$448.4M
Q1 25
$345.4M
$441.8M
Q4 24
$312.5M
$464.9M
Q3 24
$336.6M
$462.3M
Q2 24
$307.4M
$449.4M
Total Assets
BAND
BAND
MCS
MCS
Q1 26
$984.2M
Q4 25
$1.1B
$1.0B
Q3 25
$1.0B
$1.0B
Q2 25
$1.0B
$1.0B
Q1 25
$964.4M
$1.0B
Q4 24
$989.2M
$1.0B
Q3 24
$1.0B
$1.0B
Q2 24
$1.0B
$1.1B
Debt / Equity
BAND
BAND
MCS
MCS
Q1 26
Q4 25
0.35×
Q3 25
0.36×
Q2 25
0.40×
Q1 25
0.45×
Q4 24
0.34×
Q3 24
0.37×
Q2 24
0.39×

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
MCS
MCS
Operating Cash FlowLast quarter
$48.8M
Free Cash FlowOCF − Capex
$-1.0M
$26.4M
FCF MarginFCF / Revenue
-0.5%
13.6%
Capex IntensityCapex / Revenue
11.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$989.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAND
BAND
MCS
MCS
Q1 26
Q4 25
$38.6M
$48.8M
Q3 25
$22.2M
$39.1M
Q2 25
$31.7M
$31.6M
Q1 25
$-3.1M
$-35.3M
Q4 24
$36.5M
$52.6M
Q3 24
$20.5M
$30.5M
Q2 24
$24.4M
$36.0M
Free Cash Flow
BAND
BAND
MCS
MCS
Q1 26
$-1.0M
Q4 25
$26.4M
Q3 25
$18.2M
Q2 25
$14.7M
Q1 25
$-58.3M
Q4 24
$27.1M
Q3 24
$12.0M
Q2 24
$16.1M
FCF Margin
BAND
BAND
MCS
MCS
Q1 26
-0.5%
Q4 25
13.6%
Q3 25
8.7%
Q2 25
7.1%
Q1 25
-39.2%
Q4 24
14.4%
Q3 24
5.2%
Q2 24
9.2%
Capex Intensity
BAND
BAND
MCS
MCS
Q1 26
Q4 25
11.6%
Q3 25
9.9%
Q2 25
8.2%
Q1 25
15.5%
Q4 24
13.5%
Q3 24
7.9%
Q2 24
11.3%
Cash Conversion
BAND
BAND
MCS
MCS
Q1 26
Q4 25
Q3 25
2.41×
Q2 25
4.32×
Q1 25
Q4 24
53.31×
Q3 24
49.55×
1.31×
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.

MCS
MCS

Theatres$123.1M64%
Concessions$51.0M26%
Food And Beverage$21.2M11%

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