vs

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

Orthofix Medical Inc. is the larger business by last-quarter revenue ($219.9M vs $208.8M, roughly 1.1× Bandwidth Inc.). Bandwidth Inc. runs the higher net margin — 1.9% vs -1.0%, a 2.9% gap on every dollar of revenue. On growth, Bandwidth Inc. posted the faster year-over-year revenue change (20.1% vs 2.0%). Orthofix Medical Inc. produced more free cash flow last quarter ($16.8M vs $-1.0M). Over the past eight quarters, Bandwidth Inc.'s revenue compounded faster (9.7% CAGR vs 8.0%).

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.

Orthofix Medical Inc. is a global medical device firm specializing in orthopedic care. It develops, manufactures and sells spinal implants, trauma care products, bone growth stimulation therapies and regenerative medicine offerings, serving orthopedic surgeons and healthcare providers across North America, Europe and Asia Pacific.

BAND vs OFIX — Head-to-Head

Bigger by revenue
OFIX
OFIX
1.1× larger
OFIX
$219.9M
$208.8M
BAND
Growing faster (revenue YoY)
BAND
BAND
+18.1% gap
BAND
20.1%
2.0%
OFIX
Higher net margin
BAND
BAND
2.9% more per $
BAND
1.9%
-1.0%
OFIX
More free cash flow
OFIX
OFIX
$17.8M more FCF
OFIX
$16.8M
$-1.0M
BAND
Faster 2-yr revenue CAGR
BAND
BAND
Annualised
BAND
9.7%
8.0%
OFIX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BAND
BAND
OFIX
OFIX
Revenue
$208.8M
$219.9M
Net Profit
$4.0M
$-2.2M
Gross Margin
37.3%
71.1%
Operating Margin
60.5%
0.2%
Net Margin
1.9%
-1.0%
Revenue YoY
20.1%
2.0%
Net Profit YoY
200.0%
92.4%
EPS (diluted)
$-0.08
$-0.05

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
OFIX
OFIX
Q1 26
$208.8M
Q4 25
$207.7M
$219.9M
Q3 25
$191.9M
$205.6M
Q2 25
$180.0M
$203.1M
Q1 25
$174.2M
$193.6M
Q4 24
$210.0M
$215.7M
Q3 24
$193.9M
$196.6M
Q2 24
$173.6M
$198.6M
Net Profit
BAND
BAND
OFIX
OFIX
Q1 26
$4.0M
Q4 25
$-2.2M
Q3 25
$-1.2M
$-22.8M
Q2 25
$-4.9M
$-14.1M
Q1 25
$-3.7M
$-53.1M
Q4 24
$-29.1M
Q3 24
$413.0K
$-27.4M
Q2 24
$4.1M
$-33.4M
Gross Margin
BAND
BAND
OFIX
OFIX
Q1 26
37.3%
Q4 25
37.6%
71.1%
Q3 25
38.5%
72.2%
Q2 25
39.8%
68.7%
Q1 25
41.0%
62.8%
Q4 24
36.4%
69.0%
Q3 24
37.7%
68.7%
Q2 24
37.3%
67.8%
Operating Margin
BAND
BAND
OFIX
OFIX
Q1 26
60.5%
Q4 25
-1.9%
0.2%
Q3 25
-1.0%
-8.3%
Q2 25
-2.1%
-7.9%
Q1 25
-2.7%
-25.2%
Q4 24
-1.3%
-5.3%
Q3 24
-0.5%
-9.6%
Q2 24
-3.5%
-12.5%
Net Margin
BAND
BAND
OFIX
OFIX
Q1 26
1.9%
Q4 25
-1.0%
Q3 25
-0.6%
-11.1%
Q2 25
-2.7%
-6.9%
Q1 25
-2.1%
-27.4%
Q4 24
-13.5%
Q3 24
0.2%
-13.9%
Q2 24
2.3%
-16.8%
EPS (diluted)
BAND
BAND
OFIX
OFIX
Q1 26
$-0.08
Q4 25
$-0.10
$-0.05
Q3 25
$-0.04
$-0.57
Q2 25
$-0.16
$-0.36
Q1 25
$-0.13
$-1.35
Q4 24
$0.27
$-0.76
Q3 24
$0.01
$-0.71
Q2 24
$-0.17
$-0.88

Balance Sheet & Financial Strength

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

Metric
BAND
BAND
OFIX
OFIX
Cash + ST InvestmentsLiquidity on hand
$47.3M
$82.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$405.7M
$450.0M
Total Assets
$984.2M
$850.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAND
BAND
OFIX
OFIX
Q1 26
$47.3M
Q4 25
$111.3M
$82.0M
Q3 25
$80.4M
$62.9M
Q2 25
$68.1M
$65.6M
Q1 25
$41.7M
$58.0M
Q4 24
$83.8M
$83.2M
Q3 24
$79.9M
$30.1M
Q2 24
$76.4M
$26.4M
Total Debt
BAND
BAND
OFIX
OFIX
Q1 26
Q4 25
Q3 25
$157.2M
Q2 25
$157.0M
Q1 25
$156.9M
Q4 24
$157.0M
Q3 24
$118.5M
Q2 24
$118.0M
Stockholders' Equity
BAND
BAND
OFIX
OFIX
Q1 26
$405.7M
Q4 25
$400.0M
$450.0M
Q3 25
$392.7M
$442.5M
Q2 25
$384.5M
$458.3M
Q1 25
$345.4M
$458.3M
Q4 24
$312.5M
$503.1M
Q3 24
$336.6M
$525.9M
Q2 24
$307.4M
$546.0M
Total Assets
BAND
BAND
OFIX
OFIX
Q1 26
$984.2M
Q4 25
$1.1B
$850.6M
Q3 25
$1.0B
$832.6M
Q2 25
$1.0B
$837.2M
Q1 25
$964.4M
$823.1M
Q4 24
$989.2M
$893.3M
Q3 24
$1.0B
$867.9M
Q2 24
$1.0B
$882.0M
Debt / Equity
BAND
BAND
OFIX
OFIX
Q1 26
Q4 25
Q3 25
0.36×
Q2 25
0.34×
Q1 25
0.34×
Q4 24
0.31×
Q3 24
0.23×
Q2 24
0.22×

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
OFIX
OFIX
Operating Cash FlowLast quarter
$27.7M
Free Cash FlowOCF − Capex
$-1.0M
$16.8M
FCF MarginFCF / Revenue
-0.5%
7.6%
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-1.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAND
BAND
OFIX
OFIX
Q1 26
Q4 25
$38.6M
$27.7M
Q3 25
$22.2M
$12.4M
Q2 25
$31.7M
$11.6M
Q1 25
$-3.1M
$-18.4M
Q4 24
$36.5M
$23.7M
Q3 24
$20.5M
$11.7M
Q2 24
$24.4M
$9.0M
Free Cash Flow
BAND
BAND
OFIX
OFIX
Q1 26
$-1.0M
Q4 25
$16.8M
Q3 25
$2.5M
Q2 25
$4.5M
Q1 25
$-25.1M
Q4 24
$15.2M
Q3 24
$6.3M
Q2 24
$-360.0K
FCF Margin
BAND
BAND
OFIX
OFIX
Q1 26
-0.5%
Q4 25
7.6%
Q3 25
1.2%
Q2 25
2.2%
Q1 25
-13.0%
Q4 24
7.0%
Q3 24
3.2%
Q2 24
-0.2%
Capex Intensity
BAND
BAND
OFIX
OFIX
Q1 26
Q4 25
4.9%
Q3 25
4.8%
Q2 25
3.5%
Q1 25
3.5%
Q4 24
4.0%
Q3 24
2.7%
Q2 24
4.7%
Cash Conversion
BAND
BAND
OFIX
OFIX
Q1 26
Q4 25
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.

OFIX
OFIX

Spinal Implants Biologics And Enabling Technologies$113.6M52%
Bone Growth Therapies$68.3M31%
Other$22.7M10%
IT$5.9M3%
GB$3.5M2%
FR$3.5M2%
DE$2.3M1%

Related Comparisons