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

STAG Industrial, Inc. is the larger business by last-quarter revenue ($224.2M vs $208.8M, roughly 1.1× Bandwidth Inc.). STAG Industrial, Inc. runs the higher net margin — 27.6% vs 1.9%, a 25.7% gap on every dollar of revenue. On growth, Bandwidth Inc. posted the faster year-over-year revenue change (20.1% vs 9.1%). Over the past eight quarters, Bandwidth Inc.'s revenue compounded faster (9.7% CAGR vs 8.7%).

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.

Stag Arms is a firearms manufacturer founded in May 2003 and located in Cheyenne, Wyoming. Stag Arms is a manufacturer of the AR-15 type rifle, marketed as Stag-15 rifles. Stag advertises that all their weapons and accessories are made in the United States. They are best known for their left-handed AR-15 rifles, which use a mirror imaged upper receiver and have the ejection port reversed for left-handed shooters and the safety selector control on the right side of the lower receiver.

BAND vs STAG — Head-to-Head

Bigger by revenue
STAG
STAG
1.1× larger
STAG
$224.2M
$208.8M
BAND
Growing faster (revenue YoY)
BAND
BAND
+11.1% gap
BAND
20.1%
9.1%
STAG
Higher net margin
STAG
STAG
25.7% more per $
STAG
27.6%
1.9%
BAND
Faster 2-yr revenue CAGR
BAND
BAND
Annualised
BAND
9.7%
8.7%
STAG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BAND
BAND
STAG
STAG
Revenue
$208.8M
$224.2M
Net Profit
$4.0M
$62.0M
Gross Margin
37.3%
Operating Margin
60.5%
Net Margin
1.9%
27.6%
Revenue YoY
20.1%
9.1%
Net Profit YoY
200.0%
EPS (diluted)
$-0.08
$0.32

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
STAG
STAG
Q1 26
$208.8M
$224.2M
Q4 25
$207.7M
$220.9M
Q3 25
$191.9M
$211.1M
Q2 25
$180.0M
$207.6M
Q1 25
$174.2M
$205.6M
Q4 24
$210.0M
$199.3M
Q3 24
$193.9M
$190.7M
Q2 24
$173.6M
$189.8M
Net Profit
BAND
BAND
STAG
STAG
Q1 26
$4.0M
$62.0M
Q4 25
$83.5M
Q3 25
$-1.2M
$48.6M
Q2 25
$-4.9M
$50.0M
Q1 25
$-3.7M
$91.4M
Q4 24
$51.0M
Q3 24
$413.0K
$41.9M
Q2 24
$4.1M
$59.8M
Gross Margin
BAND
BAND
STAG
STAG
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
STAG
STAG
Q1 26
60.5%
Q4 25
-1.9%
Q3 25
-1.0%
Q2 25
-2.1%
Q1 25
-2.7%
Q4 24
-1.3%
Q3 24
-0.5%
Q2 24
-3.5%
Net Margin
BAND
BAND
STAG
STAG
Q1 26
1.9%
27.6%
Q4 25
37.8%
Q3 25
-0.6%
23.0%
Q2 25
-2.7%
24.1%
Q1 25
-2.1%
44.5%
Q4 24
25.6%
Q3 24
0.2%
21.9%
Q2 24
2.3%
31.5%
EPS (diluted)
BAND
BAND
STAG
STAG
Q1 26
$-0.08
$0.32
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
STAG
STAG
Cash + ST InvestmentsLiquidity on hand
$47.3M
$8.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$405.7M
$3.6B
Total Assets
$984.2M
$7.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAND
BAND
STAG
STAG
Q1 26
$47.3M
$8.9M
Q4 25
$111.3M
$14.9M
Q3 25
$80.4M
$17.3M
Q2 25
$68.1M
$15.4M
Q1 25
$41.7M
$9.3M
Q4 24
$83.8M
$36.3M
Q3 24
$79.9M
$70.0M
Q2 24
$76.4M
$33.3M
Total Debt
BAND
BAND
STAG
STAG
Q1 26
Q4 25
$3.3B
Q3 25
$3.1B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$2.9B
Q2 24
$2.8B
Stockholders' Equity
BAND
BAND
STAG
STAG
Q1 26
$405.7M
$3.6B
Q4 25
$400.0M
$3.6B
Q3 25
$392.7M
$3.4B
Q2 25
$384.5M
$3.4B
Q1 25
$345.4M
$3.5B
Q4 24
$312.5M
$3.5B
Q3 24
$336.6M
$3.3B
Q2 24
$307.4M
$3.3B
Total Assets
BAND
BAND
STAG
STAG
Q1 26
$984.2M
$7.2B
Q4 25
$1.1B
$7.2B
Q3 25
$1.0B
$6.9B
Q2 25
$1.0B
$6.8B
Q1 25
$964.4M
$6.8B
Q4 24
$989.2M
$6.8B
Q3 24
$1.0B
$6.6B
Q2 24
$1.0B
$6.4B
Debt / Equity
BAND
BAND
STAG
STAG
Q1 26
Q4 25
0.91×
Q3 25
0.91×
Q2 25
0.88×
Q1 25
0.87×
Q4 24
0.88×
Q3 24
0.89×
Q2 24
0.84×

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
STAG
STAG
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-1.0M
FCF MarginFCF / Revenue
-0.5%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAND
BAND
STAG
STAG
Q1 26
Q4 25
$38.6M
$104.5M
Q3 25
$22.2M
$143.5M
Q2 25
$31.7M
$111.9M
Q1 25
$-3.1M
$103.5M
Q4 24
$36.5M
$104.9M
Q3 24
$20.5M
$128.0M
Q2 24
$24.4M
$122.2M
Free Cash Flow
BAND
BAND
STAG
STAG
Q1 26
$-1.0M
Q4 25
$43.8M
Q3 25
$95.5M
Q2 25
$62.3M
Q1 25
$57.2M
Q4 24
$37.6M
Q3 24
$86.7M
Q2 24
$105.0M
FCF Margin
BAND
BAND
STAG
STAG
Q1 26
-0.5%
Q4 25
19.8%
Q3 25
45.2%
Q2 25
30.0%
Q1 25
27.8%
Q4 24
18.8%
Q3 24
45.5%
Q2 24
55.3%
Capex Intensity
BAND
BAND
STAG
STAG
Q1 26
3.9%
Q4 25
27.4%
Q3 25
22.7%
Q2 25
23.9%
Q1 25
22.5%
Q4 24
33.8%
Q3 24
21.6%
Q2 24
9.1%
Cash Conversion
BAND
BAND
STAG
STAG
Q1 26
Q4 25
1.25×
Q3 25
2.95×
Q2 25
2.24×
Q1 25
1.13×
Q4 24
2.06×
Q3 24
49.55×
3.06×
Q2 24
6.03×
2.04×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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