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Side-by-side financial comparison of Bandwidth Inc. (BAND) and MOVADO GROUP INC (MOV). Click either name above to swap in a different company.
Bandwidth Inc. is the larger business by last-quarter revenue ($208.8M vs $186.1M, roughly 1.1× MOVADO GROUP INC). MOVADO GROUP INC runs the higher net margin — 5.1% vs 1.9%, a 3.2% gap on every dollar of revenue. On growth, Bandwidth Inc. posted the faster year-over-year revenue change (20.1% vs 1.9%). MOVADO GROUP INC produced more free cash flow last quarter ($11.6M vs $-1.0M). Over the past eight quarters, Bandwidth Inc.'s revenue compounded faster (9.7% CAGR vs 2.9%).
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.
Movado is a luxury American watch brand originally founded in 1881 in Switzerland. Movado means "movement" in Esperanto. The watches are known for their signature metallic dot at 12 o'clock and minimalist style; the company is best known for its Museum Watch.
BAND vs MOV — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | ||
|---|---|---|
| Revenue | $208.8M | $186.1M |
| Net Profit | $4.0M | $9.6M |
| Gross Margin | 37.3% | 54.3% |
| Operating Margin | 60.5% | 6.3% |
| Net Margin | 1.9% | 5.1% |
| Revenue YoY | 20.1% | 1.9% |
| Net Profit YoY | 200.0% | 89.8% |
| EPS (diluted) | $-0.08 | $0.42 |
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.
| Q1 26 | $208.8M | — | ||
| Q4 25 | $207.7M | $186.1M | ||
| Q3 25 | $191.9M | $161.8M | ||
| Q2 25 | $180.0M | $131.8M | ||
| Q1 25 | $174.2M | $181.5M | ||
| Q4 24 | $210.0M | $180.5M | ||
| Q3 24 | $193.9M | $157.0M | ||
| Q2 24 | $173.6M | $134.4M |
| Q1 26 | $4.0M | — | ||
| Q4 25 | — | $9.6M | ||
| Q3 25 | $-1.2M | $3.0M | ||
| Q2 25 | $-4.9M | $1.4M | ||
| Q1 25 | $-3.7M | $8.1M | ||
| Q4 24 | — | $4.8M | ||
| Q3 24 | $413.0K | $3.5M | ||
| Q2 24 | $4.1M | $2.0M |
| Q1 26 | 37.3% | — | ||
| Q4 25 | 37.6% | 54.3% | ||
| Q3 25 | 38.5% | 54.1% | ||
| Q2 25 | 39.8% | 54.1% | ||
| Q1 25 | 41.0% | 54.2% | ||
| Q4 24 | 36.4% | 53.5% | ||
| Q3 24 | 37.7% | 54.3% | ||
| Q2 24 | 37.3% | 54.3% |
| Q1 26 | 60.5% | — | ||
| Q4 25 | -1.9% | 6.3% | ||
| Q3 25 | -1.0% | 2.5% | ||
| Q2 25 | -2.1% | 0.2% | ||
| Q1 25 | -2.7% | 5.1% | ||
| Q4 24 | -1.3% | 3.3% | ||
| Q3 24 | -0.5% | 1.7% | ||
| Q2 24 | -3.5% | 1.6% |
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | 5.1% | ||
| Q3 25 | -0.6% | 1.8% | ||
| Q2 25 | -2.7% | 1.1% | ||
| Q1 25 | -2.1% | 4.4% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | 0.2% | 2.2% | ||
| Q2 24 | 2.3% | 1.5% |
| Q1 26 | $-0.08 | — | ||
| Q4 25 | $-0.10 | $0.42 | ||
| Q3 25 | $-0.04 | $0.13 | ||
| Q2 25 | $-0.16 | $0.06 | ||
| Q1 25 | $-0.13 | $0.36 | ||
| Q4 24 | $0.27 | $0.21 | ||
| Q3 24 | $0.01 | $0.15 | ||
| Q2 24 | $-0.17 | $0.09 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $47.3M | $183.9M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $405.7M | $497.5M |
| Total Assets | $984.2M | $751.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $47.3M | — | ||
| Q4 25 | $111.3M | $183.9M | ||
| Q3 25 | $80.4M | $180.5M | ||
| Q2 25 | $68.1M | $203.1M | ||
| Q1 25 | $41.7M | $208.5M | ||
| Q4 24 | $83.8M | $181.5M | ||
| Q3 24 | $79.9M | $198.3M | ||
| Q2 24 | $76.4M | $225.4M |
| Q1 26 | $405.7M | — | ||
| Q4 25 | $400.0M | $497.5M | ||
| Q3 25 | $392.7M | $489.9M | ||
| Q2 25 | $384.5M | $493.2M | ||
| Q1 25 | $345.4M | $481.3M | ||
| Q4 24 | $312.5M | $491.3M | ||
| Q3 24 | $336.6M | $492.0M | ||
| Q2 24 | $307.4M | $489.6M |
| Q1 26 | $984.2M | — | ||
| Q4 25 | $1.1B | $751.9M | ||
| Q3 25 | $1.0B | $748.7M | ||
| Q2 25 | $1.0B | $747.2M | ||
| Q1 25 | $964.4M | $729.2M | ||
| Q4 24 | $989.2M | $747.2M | ||
| Q3 24 | $1.0B | $742.5M | ||
| Q2 24 | $1.0B | $736.0M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $12.3M |
| Free Cash FlowOCF − Capex | $-1.0M | $11.6M |
| FCF MarginFCF / Revenue | -0.5% | 6.2% |
| Capex IntensityCapex / Revenue | — | 0.4% |
| Cash ConversionOCF / Net Profit | — | 1.28× |
| TTM Free Cash FlowTrailing 4 quarters | — | $35.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $38.6M | $12.3M | ||
| Q3 25 | $22.2M | $-3.8M | ||
| Q2 25 | $31.7M | $-7.2M | ||
| Q1 25 | $-3.1M | $39.1M | ||
| Q4 24 | $36.5M | $-4.7M | ||
| Q3 24 | $20.5M | $-17.8M | ||
| Q2 24 | $24.4M | $-18.1M |
| Q1 26 | $-1.0M | — | ||
| Q4 25 | — | $11.6M | ||
| Q3 25 | — | $-5.1M | ||
| Q2 25 | — | $-8.7M | ||
| Q1 25 | — | $37.5M | ||
| Q4 24 | — | $-7.2M | ||
| Q3 24 | — | $-20.1M | ||
| Q2 24 | — | $-19.7M |
| Q1 26 | -0.5% | — | ||
| Q4 25 | — | 6.2% | ||
| Q3 25 | — | -3.1% | ||
| Q2 25 | — | -6.6% | ||
| Q1 25 | — | 20.7% | ||
| Q4 24 | — | -4.0% | ||
| Q3 24 | — | -12.8% | ||
| Q2 24 | — | -14.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.4% | ||
| Q3 25 | — | 0.8% | ||
| Q2 25 | — | 1.2% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 1.4% | ||
| Q3 24 | — | 1.5% | ||
| Q2 24 | — | 1.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.28× | ||
| Q3 25 | — | -1.27× | ||
| Q2 25 | — | -5.08× | ||
| Q1 25 | — | 4.86× | ||
| Q4 24 | — | -0.98× | ||
| Q3 24 | 49.55× | -5.14× | ||
| Q2 24 | 6.03× | -8.97× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BAND
Segment breakdown not available.
MOV
| Other | $81.4M | 44% |
| Owned Brands Category | $46.0M | 25% |
| Sales Channel Directly To Consumer | $35.3M | 19% |
| Company Stores | $23.4M | 13% |