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Side-by-side financial comparison of Bandwidth Inc. (BAND) and QUINSTREET, INC (QNST). Click either name above to swap in a different company.
QUINSTREET, INC is the larger business by last-quarter revenue ($287.8M vs $207.7M, roughly 1.4× Bandwidth Inc.). On growth, QUINSTREET, INC posted the faster year-over-year revenue change (1.9% vs -1.1%). Over the past eight quarters, QUINSTREET, INC's revenue compounded faster (53.2% CAGR vs 10.2%).
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.
QUINSTREET, INCQNSTEarnings & Financial Report
QuinStreet, Inc. is a publicly traded online marketing company based in Foster City, California. The company helps generate web traffic for clients by acquiring popular domain names.
BAND vs QNST — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $207.7M | $287.8M |
| Net Profit | — | $50.2M |
| Gross Margin | 37.6% | 9.6% |
| Operating Margin | -1.9% | 0.4% |
| Net Margin | — | 17.4% |
| Revenue YoY | -1.1% | 1.9% |
| Net Profit YoY | — | 3342.5% |
| EPS (diluted) | $-0.10 | $0.87 |
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.
| Q4 25 | $207.7M | $287.8M | ||
| Q3 25 | $191.9M | $285.9M | ||
| Q2 25 | $180.0M | — | ||
| Q1 25 | $174.2M | $269.8M | ||
| Q4 24 | $210.0M | $282.6M | ||
| Q3 24 | $193.9M | $279.2M | ||
| Q2 24 | $173.6M | $198.3M | ||
| Q1 24 | $171.0M | $168.6M |
| Q4 25 | — | $50.2M | ||
| Q3 25 | $-1.2M | $4.5M | ||
| Q2 25 | $-4.9M | — | ||
| Q1 25 | $-3.7M | $4.4M | ||
| Q4 24 | — | $-1.5M | ||
| Q3 24 | $413.0K | $-1.4M | ||
| Q2 24 | $4.1M | $-2.2M | ||
| Q1 24 | $-9.2M | $-7.0M |
| Q4 25 | 37.6% | 9.6% | ||
| Q3 25 | 38.5% | 9.4% | ||
| Q2 25 | 39.8% | — | ||
| Q1 25 | 41.0% | 10.3% | ||
| Q4 24 | 36.4% | 9.5% | ||
| Q3 24 | 37.7% | 10.2% | ||
| Q2 24 | 37.3% | 8.8% | ||
| Q1 24 | 38.3% | 8.5% |
| Q4 25 | -1.9% | 0.4% | ||
| Q3 25 | -1.0% | 1.7% | ||
| Q2 25 | -2.1% | — | ||
| Q1 25 | -2.7% | 1.8% | ||
| Q4 24 | -1.3% | -0.5% | ||
| Q3 24 | -0.5% | -0.4% | ||
| Q2 24 | -3.5% | -0.7% | ||
| Q1 24 | -6.1% | -3.2% |
| Q4 25 | — | 17.4% | ||
| Q3 25 | -0.6% | 1.6% | ||
| Q2 25 | -2.7% | — | ||
| Q1 25 | -2.1% | 1.6% | ||
| Q4 24 | — | -0.5% | ||
| Q3 24 | 0.2% | -0.5% | ||
| Q2 24 | 2.3% | -1.1% | ||
| Q1 24 | -5.4% | -4.2% |
| Q4 25 | $-0.10 | $0.87 | ||
| Q3 25 | $-0.04 | $0.08 | ||
| Q2 25 | $-0.16 | — | ||
| Q1 25 | $-0.13 | $0.08 | ||
| Q4 24 | $0.27 | $-0.03 | ||
| Q3 24 | $0.01 | $-0.02 | ||
| Q2 24 | $-0.17 | $-0.04 | ||
| Q1 24 | $-0.35 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $111.3M | $107.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $400.0M | $294.4M |
| Total Assets | $1.1B | $493.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $111.3M | $107.0M | ||
| Q3 25 | $80.4M | $101.3M | ||
| Q2 25 | $68.1M | — | ||
| Q1 25 | $41.7M | $81.8M | ||
| Q4 24 | $83.8M | $57.8M | ||
| Q3 24 | $79.9M | $25.0M | ||
| Q2 24 | $76.4M | $50.5M | ||
| Q1 24 | $147.2M | $39.6M |
| Q4 25 | $400.0M | $294.4M | ||
| Q3 25 | $392.7M | $246.7M | ||
| Q2 25 | $384.5M | — | ||
| Q1 25 | $345.4M | $235.5M | ||
| Q4 24 | $312.5M | $224.3M | ||
| Q3 24 | $336.6M | $219.8M | ||
| Q2 24 | $307.4M | $216.8M | ||
| Q1 24 | $298.2M | $215.0M |
| Q4 25 | $1.1B | $493.0M | ||
| Q3 25 | $1.0B | $442.6M | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $964.4M | $417.2M | ||
| Q4 24 | $989.2M | $409.6M | ||
| Q3 24 | $1.0B | $401.2M | ||
| Q2 24 | $1.0B | $368.5M | ||
| Q1 24 | $1.1B | $349.3M |
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 | $38.6M | $21.6M |
| Free Cash FlowOCF − Capex | — | $20.7M |
| FCF MarginFCF / Revenue | — | 7.2% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | 0.43× |
| TTM Free Cash FlowTrailing 4 quarters | — | $106.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $38.6M | $21.6M | ||
| Q3 25 | $22.2M | $19.6M | ||
| Q2 25 | $31.7M | — | ||
| Q1 25 | $-3.1M | $30.1M | ||
| Q4 24 | $36.5M | $38.7M | ||
| Q3 24 | $20.5M | $-13.7M | ||
| Q2 24 | $24.4M | $16.6M | ||
| Q1 24 | $2.5M | $4.1M |
| Q4 25 | — | $20.7M | ||
| Q3 25 | — | $18.4M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | $29.5M | ||
| Q4 24 | — | $38.2M | ||
| Q3 24 | — | $-14.1M | ||
| Q2 24 | — | $15.4M | ||
| Q1 24 | — | $2.9M |
| Q4 25 | — | 7.2% | ||
| Q3 25 | — | 6.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 10.9% | ||
| Q4 24 | — | 13.5% | ||
| Q3 24 | — | -5.1% | ||
| Q2 24 | — | 7.8% | ||
| Q1 24 | — | 1.7% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.2% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | — | 0.6% | ||
| Q1 24 | — | 0.7% |
| Q4 25 | — | 0.43× | ||
| Q3 25 | — | 4.32× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 6.82× | ||
| Q4 24 | — | — | ||
| Q3 24 | 49.55× | — | ||
| Q2 24 | 6.03× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BAND
| Messaging Surcharges | $192.4M | 93% |
| Other | $15.2M | 7% |
QNST
| Financial Service | $216.8M | 75% |
| Home Services And Other Revenue | $71.0M | 25% |
