BAND · XBRL financial data
Bandwidth financial statements, every quarter
The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal quarters (BAND's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 | Sep 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 165* | 171 | 174 | 194 | 210* | 174 | 180 | 192 | 208* | 209 | 220 | 234 |
| Cost of goods and services sold | 103* | 106 | 109 | 121 | 133* | 103 | 108 | 118 | 130* | 131 | 141 | 149 |
| Gross profit | 62* | 65 | 65 | 73 | 77* | 72 | 72 | 74 | 78* | 78 | 79 | 85 |
| Research and development | 29* | 29 | 28 | 30 | 31* | 31 | 32 | 33 | 37* | 38 | 37 | 36 |
| General and administrative | 17* | 18 | 17 | 18 | 20* | 19 | 19 | 18 | 19* | 19 | 20 | 21 |
| Total operating expenses | 72* | 76 | 71 | 74 | 79* | 76 | 75 | 76 | 82* | 83 | 83 | 83 |
| Operating income (loss) | (10)* | (10) | (6) | (1) | (3)* | (5) | (4) | (2) | (4)* | (5) | (5) | 2 |
| Interest income | 1* | 0 | 0 | 0 | 0* | 0 | 0 | 0 | 0* | — | — | — |
| Interest expense | 1* | 1 | 1 | 1 | 1* | 1 | 1 | 1 | 1* | — | — | — |
| Other income (expense) | 0* | 1 | (0) | 1 | 2* | 0 | (1) | (1) | (0)* | 1 | (0) | 1 |
| Income tax expense (benefit) | 0* | (0) | (0) | (1) | (1)* | (0) | 0 | (2) | (1)* | (2) | (3) | (2) |
| Net income (loss) | (11) | (9) | 4 | 0 | (2) | (4) | (5) | (1) | (3) | 4 | 2 | 5 |
| Earnings per share, basic USD per share | — | (0.35) | 0.15 | 0.02 | — | (0.13) | (0.16) | (0.04) | — | 0.13 | 0.07 | 0.16 |
| Earnings per share, diluted USD per share | — | (0.35) | (0.17) | 0.01 | — | (0.13) | (0.16) | (0.04) | — | (0.08) | (0.07) | 0.13 |
| Weighted average shares, basic millions of shares | 26* | 26 | 27 | 27 | 28* | 29 | 30 | 30 | 31* | 32 | 32 | 32 |
| Weighted average shares, diluted millions of shares | 22* | 26 | 30 | 29 | 24* | 29 | 30 | 30 | 31* | 33 | 33 | 40 |
Balance sheet
CSVFiscal quarters (BAND's year ends in late December)
Cash flows
CSVFiscal quarters (BAND's year ends in late December)
| In millions of dollars | Dec 31, 2023 | Mar 31, 2024 | Jun 30, 2024 | Sep 30, 2024 | Dec 31, 2024 | Mar 31, 2025 | Jun 30, 2025 | Sep 30, 2025 | Dec 31, 2025 | Mar 31, 2026 | Jun 30, 2026 | Sep 30, 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | (11) | (9) | 4 | 0 | (2) | (4) | (5) | (1) | (3) | 4 | 2 | 5 |
| Stock-based compensation | 15* | 12 | 11* | 11* | 13* | 14 | 13* | 12* | 14* | 13 | 13* | 13* |
| Net cash from operating activities | 19* | 2 | 24* | 20* | 37* | (3) | 32* | 22* | 39* | 9 | 29* | 38* |
| Net cash from investing activities | 4* | (27) | 22* | 7* | (3)* | (14) | (8)* | (8)* | (9)* | (4) | (7)* | (5)* |
| Share repurchases | — | — | — | — | — | 0 | 0* | 0* | — | 5 | 15* | 10* |
| Net cash from financing activities | (0)* | (2) | (89)* | (15)* | (25)* | (29) | (0)* | (0)* | 0* | (60) | 101* | (31)* |
| Net change in cash | 25* | (27) | (43)* | 13* | 7* | (46) | 24* | 13* | 29* | (56) | 123* | 2* |
Compare with peers
SIC 7372 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 7372 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Bandwidth | 171 | 234 | 38* | not reported | — | 10-QSep 30, 2026 |
| IBEX | 33 | 164* | 25* | 13.3M | — | 10-KJun 30, 2026 |
| Nextdoor Holdings | 64 | 75 | 8.4* | not reported | — | 10-QJun 30, 2026 |
| GoodRx Holdings | 296 | 200 | 81* | not reported | — | 10-QJun 30, 2026 |
| Shutterstock | 133 | 222 | 0.6* | 36.9M | — | 10-QJun 30, 2026 |
| Veradigm | 294 | 150* | (2.7)* | 109.0M | 112.1 quarters | 10-KDec 31, 2024 |
| PubMatic | 120 | 79 | 20* | not reported | — | 10-QJun 30, 2026 |
| Commerce.com | 57 | 85 | 5.1 | 82.9M | — | 10-QJun 30, 2026 |
| Simulations Plus | 35 | 22 | 8.7* | 20.2M | — | 10-QMay 31, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.