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Side-by-side financial comparison of Bandwidth Inc. (BAND) and OLAPLEX HOLDINGS, INC. (OLPX). Click either name above to swap in a different company.
Bandwidth Inc. is the larger business by last-quarter revenue ($208.8M vs $105.1M, roughly 2.0× OLAPLEX HOLDINGS, INC.). Bandwidth Inc. runs the higher net margin — 1.9% vs -12.5%, a 14.4% gap on every dollar of revenue. On growth, Bandwidth Inc. posted the faster year-over-year revenue change (20.1% vs 4.3%). OLAPLEX HOLDINGS, INC. produced more free cash flow last quarter ($32.6M vs $-1.0M). Over the past eight quarters, Bandwidth Inc.'s revenue compounded faster (9.7% CAGR vs 3.1%).
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.
Olaplex Holdings, Inc. is a specialty beauty company developing and selling patented bond-repair hair care products. It runs three core segments: professional salon distribution, direct-to-consumer sales, and third-party retail, serving customers across North America, Europe, and Asia-Pacific with products that repair and protect damaged hair.
BAND vs OLPX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $208.8M | $105.1M |
| Net Profit | $4.0M | $-13.1M |
| Gross Margin | 37.3% | 68.0% |
| Operating Margin | 60.5% | -4.3% |
| Net Margin | 1.9% | -12.5% |
| Revenue YoY | 20.1% | 4.3% |
| Net Profit YoY | 200.0% | -48.9% |
| 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.
| Q1 26 | $208.8M | — | ||
| Q4 25 | $207.7M | $105.1M | ||
| Q3 25 | $191.9M | $114.6M | ||
| Q2 25 | $180.0M | $106.3M | ||
| Q1 25 | $174.2M | $97.0M | ||
| Q4 24 | $210.0M | $100.7M | ||
| Q3 24 | $193.9M | $119.1M | ||
| Q2 24 | $173.6M | $103.9M |
| Q1 26 | $4.0M | — | ||
| Q4 25 | — | $-13.1M | ||
| Q3 25 | $-1.2M | $11.1M | ||
| Q2 25 | $-4.9M | $-7.7M | ||
| Q1 25 | $-3.7M | $465.0K | ||
| Q4 24 | — | $-8.8M | ||
| Q3 24 | $413.0K | $14.8M | ||
| Q2 24 | $4.1M | $5.8M |
| Q1 26 | 37.3% | — | ||
| Q4 25 | 37.6% | 68.0% | ||
| Q3 25 | 38.5% | 69.1% | ||
| Q2 25 | 39.8% | 71.2% | ||
| Q1 25 | 41.0% | 69.5% | ||
| Q4 24 | 36.4% | 66.3% | ||
| Q3 24 | 37.7% | 68.6% | ||
| Q2 24 | 37.3% | 69.7% |
| Q1 26 | 60.5% | — | ||
| Q4 25 | -1.9% | -4.3% | ||
| Q3 25 | -1.0% | 3.7% | ||
| Q2 25 | -2.1% | -1.1% | ||
| Q1 25 | -2.7% | 8.7% | ||
| Q4 24 | -1.3% | 3.0% | ||
| Q3 24 | -0.5% | 23.5% | ||
| Q2 24 | -3.5% | 15.7% |
| Q1 26 | 1.9% | — | ||
| Q4 25 | — | -12.5% | ||
| Q3 25 | -0.6% | 9.7% | ||
| Q2 25 | -2.7% | -7.3% | ||
| Q1 25 | -2.1% | 0.5% | ||
| Q4 24 | — | -8.7% | ||
| Q3 24 | 0.2% | 12.4% | ||
| Q2 24 | 2.3% | 5.6% |
| Q1 26 | $-0.08 | — | ||
| Q4 25 | $-0.10 | $-0.02 | ||
| Q3 25 | $-0.04 | $0.02 | ||
| Q2 25 | $-0.16 | $-0.01 | ||
| Q1 25 | $-0.13 | $0.00 | ||
| Q4 24 | $0.27 | $-0.01 | ||
| Q3 24 | $0.01 | $0.02 | ||
| Q2 24 | $-0.17 | $0.01 |
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 | $318.7M |
| Total DebtLower is stronger | — | $352.3M |
| Stockholders' EquityBook value | $405.7M | $879.4M |
| Total Assets | $984.2M | $1.5B |
| Debt / EquityLower = less leverage | — | 0.40× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $47.3M | — | ||
| Q4 25 | $111.3M | $318.7M | ||
| Q3 25 | $80.4M | $286.4M | ||
| Q2 25 | $68.1M | $289.3M | ||
| Q1 25 | $41.7M | $580.9M | ||
| Q4 24 | $83.8M | $586.0M | ||
| Q3 24 | $79.9M | $538.8M | ||
| Q2 24 | $76.4M | $507.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $352.3M | ||
| Q3 25 | — | $352.1M | ||
| Q2 25 | — | $351.9M | ||
| Q1 25 | — | $649.1M | ||
| Q4 24 | — | $650.5M | ||
| Q3 24 | — | $651.8M | ||
| Q2 24 | — | $653.1M |
| Q1 26 | $405.7M | — | ||
| Q4 25 | $400.0M | $879.4M | ||
| Q3 25 | $392.7M | $888.7M | ||
| Q2 25 | $384.5M | $874.2M | ||
| Q1 25 | $345.4M | $878.3M | ||
| Q4 24 | $312.5M | $874.4M | ||
| Q3 24 | $336.6M | $879.7M | ||
| Q2 24 | $307.4M | $863.3M |
| Q1 26 | $984.2M | — | ||
| Q4 25 | $1.1B | $1.5B | ||
| Q3 25 | $1.0B | $1.5B | ||
| Q2 25 | $1.0B | $1.5B | ||
| Q1 25 | $964.4M | $1.8B | ||
| Q4 24 | $989.2M | $1.8B | ||
| Q3 24 | $1.0B | $1.8B | ||
| Q2 24 | $1.0B | $1.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.40× | ||
| Q3 25 | — | 0.40× | ||
| Q2 25 | — | 0.40× | ||
| Q1 25 | — | 0.74× | ||
| Q4 24 | — | 0.74× | ||
| Q3 24 | — | 0.74× | ||
| Q2 24 | — | 0.76× |
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 | — | $32.7M |
| Free Cash FlowOCF − Capex | $-1.0M | $32.6M |
| FCF MarginFCF / Revenue | -0.5% | 31.0% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $58.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $38.6M | $32.7M | ||
| Q3 25 | $22.2M | $8.0M | ||
| Q2 25 | $31.7M | $20.9M | ||
| Q1 25 | $-3.1M | $-2.9M | ||
| Q4 24 | $36.5M | $49.7M | ||
| Q3 24 | $20.5M | $33.5M | ||
| Q2 24 | $24.4M | $16.2M |
| Q1 26 | $-1.0M | — | ||
| Q4 25 | — | $32.6M | ||
| Q3 25 | — | $7.9M | ||
| Q2 25 | — | $20.8M | ||
| Q1 25 | — | $-3.0M | ||
| Q4 24 | — | $49.2M | ||
| Q3 24 | — | $33.3M | ||
| Q2 24 | — | $16.1M |
| Q1 26 | -0.5% | — | ||
| Q4 25 | — | 31.0% | ||
| Q3 25 | — | 6.9% | ||
| Q2 25 | — | 19.6% | ||
| Q1 25 | — | -3.1% | ||
| Q4 24 | — | 48.9% | ||
| Q3 24 | — | 28.0% | ||
| Q2 24 | — | 15.5% |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.1% | ||
| Q2 25 | — | 0.1% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.4% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.72× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -6.27× | ||
| Q4 24 | — | — | ||
| Q3 24 | 49.55× | 2.26× | ||
| Q2 24 | 6.03× | 2.81× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BAND
Segment breakdown not available.
OLPX
| Sales Channel Directly To Consumer | $43.6M | 42% |
| Sales Channel Through Intermediary Professional | $36.8M | 35% |
| Sales Channel Through Intermediary Specialty Retail | $24.7M | 23% |