Bandwidth Inc. (BAND)
Nasdaq · Services-Prepackaged Software · Services · CIK 1514416 · fiscal year ends in Dec
Closing price $47.39 on 30 Oct 2026; 52-week range $12.82 to $78.44.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $870.4M
- Revenue growth
- 15.1%
- Net income, last twelve months
- $8.8M
- Earnings per share
- -$0.12
- Gross margin
- 36.7%
- Operating margin
- -1.3%
- Net margin
- 1.0%
- Free cash flow
- $96.4M
- Return on equity
- 2.3%
- Market value
- $1.5B
- Dividend yield
- 0.0%
- Cash
- $171.3M
- Debt
- $310.6M
- Debt to equity
- 0.81
- Shares outstanding
- 32.4M
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $753.8M | -$14.4M | -$12.9M | -$0.43 | $67.2M | 10-K filed 19 Feb 2026 |
| FY2024 | 31 Dec 2024 | $748.5M | -$20.1M | -$6.5M | -$0.24 | $69.9M | 10-K filed 20 Feb 2025 |
| FY2023 | 31 Dec 2023 | $601.1M | -$35.5M | -$16.3M | -$0.64 | $29.7M | 10-K filed 28 Feb 2024 |
| FY2022 | 31 Dec 2022 | $573.2M | -$24.3M | $19.6M | -$0.48 | -$6.8M | 10-K filed 23 Feb 2023 |
| FY2021 | 31 Dec 2021 | $490.9M | -$2.2M | -$27.4M | -$1.09 | $23.1M | 10-K filed 25 Feb 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sep 2026 | $234.0M | $5.2M | $0.13 |
| Q2 FY2026 | 30 Jun 2026 | $219.9M | $2.4M | -$0.07 |
| Q1 FY2026 | 31 Mar 2026 | $208.8M | $4.1M | -$0.08 |
| Q4 FY2025 | 31 Dec 2025 | $207.7M | -$3.0M | -$0.10 |
| Q3 FY2025 | 30 Sep 2025 | $191.9M | -$1.2M | -$0.04 |
| Q2 FY2025 | 30 Jun 2025 | $180.0M | -$4.9M | -$0.16 |
| Q1 FY2025 | 31 Mar 2025 | $174.2M | -$3.7M | -$0.13 |
| Q4 FY2024 | 31 Dec 2024 | $210.0M | -$1.8M | -$0.06 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By region, FY2025
| Segment | Revenue | Share |
|---|---|---|
| United States | $654.0M | 86.8% |
| International | $99.8M | 13.2% |
Company events
The newest 8-K filings of 100 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 29 Oct 2026 | 8-K | Results, Material agreement, New debt | 1.01, 2.02, 2.03, 9.01 |
| 29 Oct 2026 | 8-K | Leadership change | 5.02, 9.01 |
| 15 Sep 2026 | 8-K | Investor update | 7.01, 9.01 |
| 4 Sep 2026 | 8-K | Leadership change, Investor update | 5.02, 7.01, 9.01 |
| 3 Aug 2026 | 8-K | Other events | 8.01 |
| 29 Jul 2026 | 8-K | Results, Leadership change, Material agreement | 1.01, 2.02, 5.02, 9.01 |
| 18 Jun 2026 | 8-K | Material agreement, New debt, Share sale, Other events | 1.01, 2.03, 3.02, 8.01, 9.01 |
| 16 Jun 2026 | 8-K | Other events | 8.01, 9.01 |
| 15 Jun 2026 | 8-K | Other events | 8.01, 9.01 |
| 29 May 2026 | 8-K | Shareholder vote | 5.07 |
| 12 May 2026 | 8-K | Investor update | 7.01, 9.01 |
| 30 Apr 2026 | 8-K | Results | 2.02, 9.01 |
Every filing
The newest filings with the SEC of 211 held.
| Filed | Form | Period |
|---|---|---|
| 29 Oct 2026 | 10-Q | 30 Sep 2026 |
| 29 Oct 2026 | 8-K | 26 Oct 2026 |
| 29 Oct 2026 | 8-K | 28 Oct 2026 |
| 15 Sep 2026 | 8-K | 15 Sep 2026 |
| 4 Sep 2026 | 8-K | 31 Aug 2026 |
| 3 Aug 2026 | 8-K | 3 Aug 2026 |
| 29 Jul 2026 | 10-Q | 30 Jun 2026 |
| 29 Jul 2026 | 8-K | 24 Jul 2026 |
| 18 Jun 2026 | 8-K | 15 Jun 2026 |
| 16 Jun 2026 | 8-K | 15 Jun 2026 |
| 15 Jun 2026 | 8-K | 15 Jun 2026 |
| 29 May 2026 | 8-K | 28 May 2026 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 16 Oct 2026 | Roush Lukas M., Director | Sale under a trading plan | 1,500 | $49.04 | $73.6K | 58,769 | 19 Oct 2026 |
| 16 Sep 2026 | Roush Lukas M., Director | Sale under a trading plan | 1,500 | $48.60 | $72.9K | 60,269 | 17 Sep 2026 |
| 2 Sep 2026 | Ross Kade, Chief Information Officer | Sale under a trading plan | 2,096 | $47.54 | $99.6K | 45,975 | 3 Sep 2026 |
| 2 Sep 2026 | Ross Kade, Chief Information Officer | Sale under a trading plan | 1,151 | $48.50 | $55.8K | 44,824 | 3 Sep 2026 |
| 2 Sep 2026 | Ross Kade, Chief Information Officer | Sale under a trading plan | 753 | $49.29 | $37.1K | 44,071 | 3 Sep 2026 |
| 2 Sep 2026 | Raiford Daryl E, Chief Financial Officer | Sale under a trading plan | 2,536 | $47.74 | $121.1K | 33,296 | 3 Sep 2026 |
| 2 Sep 2026 | Raiford Daryl E, Chief Financial Officer | Sale under a trading plan | 1,400 | $48.99 | $68.6K | 31,896 | 3 Sep 2026 |
| 2 Sep 2026 | Raiford Daryl E, Chief Financial Officer | Sale under a trading plan | 3,291 | $49.97 | $164.4K | 28,605 | 3 Sep 2026 |
| 1 Sep 2026 | Krupka Devin M, Controller, PAO | Sale under a trading plan | 3,074 | $48.97 | $150.5K | 11,958 | 2 Sep 2026 |
| 31 Aug 2026 | Krupka Devin M, Controller, PAO | Sale outside a trading plan | 713 | $48.82 | $34.8K | 15,538 | 1 Sep 2026 |
| 31 Aug 2026 | Krupka Devin M, Controller, PAO | Sale outside a trading plan | 506 | $49.60 | $25.1K | 15,032 | 1 Sep 2026 |
| 31 Aug 2026 | Asbill Richard Brandon, General Counsel | Sale outside a trading plan | 1,072 | $48.82 | $52.3K | 8,310 | 1 Sep 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 16 Oct 2026 | Roush Lukas M., Director | 4,500 | $223.2K | 16 Oct 2026 |
| 11 Sep 2026 | Asbill Richard Brandon, Former Officer | 7,550 | $368.7K | 11 Sep 2026 |
| 2 Sep 2026 | Kade Ross, Officer | 8,000 | $406.3K | 2 Sep 2026 |
| 27 Aug 2026 | Ross Kade, Officer | 2,000 | $92.7K | 31 Aug 2026 |
| 27 Aug 2026 | Asbill Richard Brandon, Officer | 2,000 | $92.7K | 31 Aug 2026 |
| 27 Aug 2026 | Bottorff Rebecca, Officer, Director | 3,000 | $139.1K | 31 Aug 2026 |
| 27 Aug 2026 | Roush Lukas M., Director | 3,000 | $139.1K | 27 Aug 2026 |
| 27 Aug 2026 | Krupka Devin M, Officer | 4,293 | $199.0K | 31 Aug 2026 |
| 27 Aug 2026 | Agarwal Devesh, Officer | 5,000 | $231.8K | 31 Aug 2026 |
| 27 Aug 2026 | Morken David A., Officer, Director | 6,000 | $278.1K | 31 Aug 2026 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 14 Aug 2026 | Hood River Capital Management LLC | 13G | 7.64% | 2.3M |
| 14 Jul 2026 | Dimensional Fund Advisors LP | 13G amended | 3.1% | 938.2K |
| 26 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 5.1M | +8.36% | 7.02 |
| 30 Sep 2026 | 4.7M | +1.41% | 5 |
| 15 Sep 2026 | 4.7M | +6.75% | 5.02 |
| 31 Aug 2026 | 4.4M | -2.14% | 6 |
| 14 Aug 2026 | 4.5M | +0.67% | 4.96 |
| 31 Jul 2026 | 4.4M | +22.53% | 3.06 |
| 15 Jul 2026 | 3.6M | +3.14% | 3.18 |
| 30 Jun 2026 | 3.5M | +127.43% | 1.78 |
Funds that hold it
From each fund's latest Form 13F.
262 funds held it at 30 Jun 2026: 169 added and 50 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| BlackRock, Inc. | 2,463,857 | $156.0M | -493,851 |
| Hood River Capital Management LLC | 2,295,924 | $145.3M | +2,295,924 |
| Driehaus Capital Management LLC | 1,388,899 | $87.9M | +1,388,899 |
| D. E. Shaw & Co., Inc. | 1,311,050 | $83.0M | +961,190 |
| Vanguard Capital Management LLC | 1,284,658 | $81.3M | +89,780 |
| State Street Corp. | 940,836 | $59.6M | +217,541 |
| Dimensional Fund Advisors LP | 938,163 | $59.4M | -613,345 |
| Wellington Management Group LLP | 911,893 | $57.7M | +530,182 |
| Two Sigma Investments, LP | 824,923 | $52.2M | +330,991 |
| Arrowstreet Capital, Limited Partnership | 794,130 | $50.3M | +105,700 |
Peers
Companies in the same industry.
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- Palantir Technologies Inc. (PLTR): revenue $6.2B, market value $442.4B
- Oracle Corp. (ORCL): revenue $71.8B, market value $395.2B
- SAP SE (SAP): revenue $41.6B, market value $274.5B
- CrowdStrike Holdings, Inc. (CRWD): revenue $5.4B, market value $256.4B
- Shopify Inc. (SHOP): revenue $13.3B, market value $202.6B
- Salesforce, Inc. (CRM): revenue $43.9B, market value $188.5B
- ServiceNow, Inc. (NOW): revenue $15.4B, market value $109.1B
- Snowflake Inc. (SNOW): revenue $5.4B, market value $107.8B
- Cloudflare, Inc. (NET): revenue $2.5B, market value $99.9B