Bandwidth Inc. (BAND) — Financial statements
Income statement, balance sheet, and cash flow for Bandwidth Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 754↑0.7% | 748↑24.5% | 601↑4.9% | 573↑16.8% | 491 | |
| Cost of Revenue | 484↑3.2% | 469↑28.4% | 365↑9.0% | 335↑22.9% | 272 | |
| Gross Profit | 270↓3.5% | 280↑18.5% | 236↓0.9% | 238↑9.1% | 219 | |
| Operating Expenses | ||||||
| R&D Expenses | 125↑5.6% | 119↑13.9% | 104↑6.3% | 98↑77.6% | 55 | |
| General & Administrative Expenses | 75↑4.9% | 72↑9.7% | 65↓3.9% | 68↓40.2% | 114 | |
| Selling & Marketing Expenses | 102↓7.3% | 110↑7.5% | 102↑5.6% | 97↑86.5% | 52 | |
| SG&A Expenses | 177↓2.5% | 181↑8.3% | 167↑1.7% | 165↓0.5% | 166 | |
| Other Expenses | -18 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 284↓5.2% | 300↑10.5% | 272↑3.4% | 263↑19.0% | 221 | |
| Total Costs & Expenses | 768↓0.0% | 769↑20.7% | 637↑6.5% | 597↑21.2% | 493 | |
| Operating Results | ||||||
| Operating Income | -14↑28.4% | -20↑43.4% | -35↓45.8% | -24↓987.3% | -2 | |
| Depreciation & Amortization | 57↑16.1% | 49↓3.5% | 51↑19.9% | 43↑0.5% | 42 | |
| EBITDA | 43↑1.0% | 42↑29.5% | 33↓48.3% | 63↑58.0% | 40 | |
| EBIT | -15↓105.3% | -7↑61.7% | -18↓190.9% | 20↑903.2% | -3 | |
| Interest & Other Income | ||||||
| Net Interest Income | -2↑7.1% | -2↓130.3% | -0.81↑73.5% | -3↑89.4% | -29 | |
| Interest Income | 0.30 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 2↑9.0% | 2↑130.3% | 0.81↓73.5% | 3↓89.4% | 29 | |
| Non-Operating Income | 0.19↑101.5% | -13↑23.6% | -17↑62.0% | -45↓15143.1% | 0.30 | |
| Other Income / Expenses | -2↓120.0% | 11↓31.2% | 16↓61.2% | 42↑243.8% | -29 | |
| Income Before Tax | -17↓85.3% | -9↑53.6% | -19↓211.5% | 17↑155.5% | -31 | |
| Income Tax Expense | -4↓51.5% | -2↑17.9% | -3↓30.7% | -2↑40.9% | -4 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -13↓97.9% | -7↑60.1% | -16↓183.5% | 20↑171.5% | -27 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -13↓97.9% | -7↑60.1% | -16↓183.5% | 20↑171.5% | -27 | |
| Bottom-Line Net Income | -13↓97.9% | -7↑60.1% | -16↓183.5% | 20↑171.5% | -27 | |
| EPS (Basic) | -0.43↓79.2% | -0.24↑62.5% | -0.64↓183.1% | 0.77↑170.6% | -1.09 | |
| EPS (Diluted) | -0.43↓79.2% | -0.24↑62.5% | -0.64↓33.3% | -0.48↑56.0% | -1.09 | |
| Weighted Average Shares | 30↑10.2% | 27↑6.2% | 26↑1.3% | 25↑0.8% | 25 | |
| Weighted Average Diluted Shares | 30↑10.2% | 27↑6.2% | 26↓17.1% | 31↑23.2% | 25 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.