BAND · XBRL financial data

Bandwidth financial statements, every fiscal year

The same tables from 6 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

Fiscal years (BAND's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	343	491	573	601	748	754
Cost of goods and services sold	185	272	335	365	469	459
Gross profit	158	219	238	236	280	295
Research and development	42	55	98	104	119	133
General and administrative	89	114	68	65	72	75
Total operating expenses	171	221	263	272	300	309
Operating income (loss)	(14)	(2)	(24)	(35)	(20)	(14)
Interest income	0	0	1	2	1	0
Interest expense	16	29	5	4	3	2
Other income (expense)	(15)	(29)	4	0	3	(1)
Income tax expense (benefit)	15	(4)	(2)	(3)	(2)	(4)
Net income (loss)	(44)	(27)	20	(16)	(7)	(13)
Earnings per share, basic USD per share	(1.83)	(1.09)	0.77	(0.64)	(0.24)	(0.43)
Earnings per share, diluted USD per share	(1.83)	(1.09)	(0.48)	(0.64)	(0.24)	(0.43)
Weighted average shares, basic millions of shares	24	25	25	26	27	30
Weighted average shares, diluted millions of shares	24	25	31	26	27	30

Fiscal years (BAND's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	72	331	114	132	82	103
Marketable securities	—	0	71	21	2	8
Accounts receivable	55	62	74	78	86	91
Prepaid and other current assets	15	16	16	17	14	12
Total current assets	194	413	280	253	188	219
Right-of-use asset	19	14	10	158	154	153
Goodwill	372	344	326	336	317	357
Total assets	891	1,066	929	1,101	989	1,053
Accounts payable	12	9	27	34	28	43
Accrued liabilities	63	66	63	69	98	91
Total current liabilities	92	93	114	123	140	154
Long-term debt	282	486	481	419	281	248
Lease liability, non-current	17	11	5	221	219	221
Total liabilities	461	653	657	804	677	653
Accumulated deficit	(50)	(77)	(49)	(65)	(71)	(84)
Total stockholders' equity	430	413	272	297	313	400
Total liabilities and equity	891	1,066	929	1,101	989	1,053

Fiscal years (BAND's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(44)	(27)	20	(16)	(7)	(13)
Stock-based compensation	10	15	21	37	48	52
Net cash from operating activities	5	41	35	39	84	89
Purchases of property and equipment	12	—	—	—	—	—
Net cash from investing activities	(455)	3	(133)	31	(1)	(39)
Proceeds from issuing common stock	0	0	—	—	—	—
Net cash from financing activities	347	207	(120)	(53)	(131)	(29)
Net change in cash	(104)	251	(218)	18	(50)	21

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	—	Q3 FY26 10-QSep 30, 2026
IBEX	33	164*	25*	13.3M	—	Q4 FY26 10-KJun 30, 2026
Nextdoor Holdings	64	75	8.4*	not reported	—	Q2 FY26 10-QJun 30, 2026
GoodRx Holdings	296	200	81*	not reported	—	Q2 FY26 10-QJun 30, 2026
Shutterstock	133	222	0.6*	36.9M	—	Q2 FY26 10-QJun 30, 2026
Veradigm	294	150*	(2.7)*	109.0M	112.1 quarters	Q4 FY24 10-KDec 31, 2024
PubMatic	120	79	20*	not reported	—	Q2 FY26 10-QJun 30, 2026
Commerce.com	57	85	5.1	82.9M	—	Q2 FY26 10-QJun 30, 2026
Simulations Plus	35	22	8.7*	20.2M	—	Q3 FY26 10-QMay 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.