Bandwidth Inc. BAND

61.81 (0.02) (0.03%) as of 25 Sep
Market cap
$2.0B
P/E
1,022×
Growth Flags show if company had growth for consecutive years

Insider Decisions

Total sells 19.48
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — 1 9 — — 7 2 16 4 — 10 4
Insider Ownership 9.30%

Capital & Financial Ratios

Market Cap 1,990.00
Revenue 828.24
Net Income 2.26
Free Cash Flow 67.37
Net Debt 156.41
Current Ratio 2.04
Debt/Equity 0.87
P/E ratio 1,022.33
P/S ratio 2.38
P/B ratio 4.96
Past 5Y EPS Growth —
This Y EPS Growth 22.38%
Next Y EPS Growth 9.62%
Next 5Y EPS Growth 26.58%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 153 84 111 174
Receivables 78 86 91 110
Inventory — — — —
Other — — — —
253 188 219 306
2023 2024 2025 Q'26
Payables 34 28 43 49
ST’ Debt — — — —
Other 6 4 — —
123 140 154 150
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 18.52% 17.05% 9.56%
Cash Flow 0.00% 81.70% 36.87%
Earnings 0.00% 0.00% 0.00%
Book Value 0.00% (1.43%) 13.69%

Revenue

Mar Jun Sep Dec Year
’26 209 220 — — —
’25 174 180 192 208 754
’24 171 174 194 210 748
’23 138 146 152 165 601
’22 131 136 148 157 573
’21 113 121 131 126 491
’20 69 77 85 113 343
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 9 29 — — —
’25 (3) 32 22 39 89
’24 2 24 20 37 84
’23 (6) 3 23 19 39
’22 (7) 7 24 11 35
’21 10 (1) 15 17 41
’20 (8) 7 12 (7) 5
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (1) 24 — — —
’25 (13) 26 13 31 57
’24 (4) 18 18 30 62
’23 (11) (1) 18 13 19
’22 (13) (12) 13 (18) (29)
’21 2 (19) 12 8 4
’20 (12) 3 9 (10) (10)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.12 0.07 — — —
’25 (0.13) (0.16) (0.04) (0.10) (0.43)
’24 (0.35) 0.14 0.01 (0.06) (0.24)
’23 0.12 (0.15) (0.20) (0.42) (0.64)
’22 (0.27) (0.25) (0.03) 1.18 0.63
’21 (0.21) (0.28) (0.28) (0.33) (1.09)
’20 (0.04) (0.86) (0.10) (0.81) (1.83)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.7
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— 18.05 19.45 39.42 50.89 62.07 9.20 9.34 11.90 11.33

Analyst estimates 2026–2028

Powerpack
Low Price
— 24.99 57.50 90.63 198.61 196.70 73.99 29.07 25.02 19.88
High Price
338 378 611 772 960 1,100 1,100 1,100 1,100 1,100
Employees
0 0 0 0 0 0 1 1 1 1
Revenue/Emp
152 163 204 233 343 491 573 601 748 754
Revenue
43.99% 45.22% 47.02% 46.28% 44.86% 43.55% 41.59% 39.29% 37.40% 39.14%
Gross Margin
14 13 7 (15) (29) (31) 17 (19) (9) (17)
EBT
9.42% 7.91% 3.46% (6.55%) (8.44%) (6.35%) 3.02% (3.21%) (1.20%) (2.20%)
EBT Margin
22 6 18 2 (44) (27) 20 (16) (7) (13)
Net Income
7 6 6 13 37 69 46 54 55 59
Depreciation
13.03 12.94 10.99 10.27 14.24 19.57 22.67 23.47 27.51 25.13
Revenue/Sh
1.91 0.42 0.96 0.11 (1.83) (1.09) 0.77 (0.64) (0.24) (0.43)
Earnings/Sh
0.44 1.16 1.33 (0.06) 0.19 1.63 1.38 1.52 3.08 2.98
Cash Flow/Sh
(0.52) (0.63) (0.78) (1.14) (0.61) (1.48) (2.53) (0.78) (0.80) (1.10)
Capex/Sh
(0.08) 0.53 0.55 (1.19) (0.42) 0.14 (1.15) 0.75 2.29 1.89
Free CF/Sh
(1.92) 6.09 5.86 11.93 17.84 16.44 10.77 11.61 11.49 13.33
Book Value/Sh
12 13 19 23 24 25 25 26 27 30
Shares
44.92 46.66 41.16 492.69 0.00 0.00 28.86 0.00 0.00 0.00
PE Ratio
0.40 1.80 3.71 6.23 10.79 3.67 0.98 0.61 0.62 0.61
PS Ratio
0.00 3.81 6.96 5.37 8.61 4.36 2.06 1.23 1.48 1.16
PB Ratio
0.61 1.80 3.59 5.55 11.28 3.99 1.51 1.06 0.92 0.83
EV/Sales
30.78 44.04 72.01 (47.75) (384.07) 539.24 (29.66) 33.22 11.20 11.05
EV/FCF
5 15 25 (1) 5 41 35 39 84 89
Op' Cash Flow
(6) (8) (14) (26) (15) (37) (64) (20) (22) (33)
Capex
(1) 7 10 (27) (10) 4 (29) 19 62 57
FCF
(2) 41 59 181 101 319 166 130 47 65
Working Cap'
45 0 — 25 288 492 489 419 281 248
Total Debt
38 (38) (59) (160) 167 160 304 265 197 136
Net Debt
(22) 77 109 270 430 413 272 297 313 400
Sh' Equity
29.16% 6.11% 14.06% 1.01% (7.14%) (2.80%) 1.96% (1.61%) (0.62%) (1.26%)
ROA
60.77% 23.37% 8.46% (10.04%) (1.41%) (0.24%) (2.64%) (3.94%) (2.46%) (1.67%)
ROIC
(93.65%) 19.61% 19.33% 1.32% (12.56%) (6.50%) 5.72% (5.74%) (2.14%) (3.62%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Bandwidth Inc. peers in Software Infrastructure

Company Market cap P/E Compare
FORG ForgeRock, Inc. $2.0B 0.0× Compare
FLYW Flywire Corporation $2.1B 64.8× Compare
CALX Calix, Inc $2.1B 41.9× Compare
ATEN A10 Networks, Inc. $1.9B 42.9× Compare
Company Market cap P/E Compare
GCT GigaCloud Technology Inc. $1.9B 12.7× Compare
STNE StoneCo Ltd. $2.3B 3.7× Compare
RAMP LiveRamp Holdings, Inc. $2.3B 15.1× Compare
AI C3.ai, Inc. $1.7B 0.0× Compare

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Bandwidth Inc. (BAND) key facts

  • Bandwidth Inc. (BAND) is a Software Infrastructure company in the Technology sector, listed on Nasdaq.
  • Bandwidth Inc.’s revenue for fiscal 2025 (year ended December 2025) was $753.8 million, up 0.71% from fiscal 2024.
  • As of September 25, 2026, BAND traded at $61.81, a market capitalization of $2.0 billion.
  • Return on equity was −3.62% and debt-to-equity 0.87.

Source: company filings (standardised) and stockrow calculations.

Bandwidth Inc. (BAND) Latest News

News by impact score

Fine-tune

16 Sep

3

Bank of America states Bandwidth Inc. holds solid advantages as a platform for calls, text messaging, and AI voice services. BofA endorsement highlights Bandwidth's platform strengths potentially lifting investor views on its market position.

3

Twilio secures new AI deals, prompting questions on whether these wins will accelerate its growth. Twilio AI contract wins heighten competitive pressure on Bandwidth in the CPaaS sector.

15 Sep

4

Bandwidth expands collaboration with Salesforce to support global rollout of Salesforce's Native Contact Center. Expanded Salesforce partnership for global contact center rollout drives significant revenue growth potential for Bandwidth.

29 Aug

4

Bandwidth Inc. (BAND) may be 27% undervalued following a Salesforce deal and raised outlook that reset investor views. Salesforce deal and outlook lift signal major strategic progress likely to significantly alter BAND's trajectory and sentiment.

28 Aug

3

Bandwidth Inc. (BAND) shares rose 33.5% since the latest earnings report on positive results and related factors. Earnings-driven stock gains signal moderate future performance effects for Bandwidth.

11 Aug

3

Bandwidth Inc. stock faces investor scrutiny over balancing growth potential against current valuation levels. Valuation and growth assessment may moderately sway Bandwidth stock sentiment and near-term trading.

7 Aug

4

Bandwidth Inc. raised its 2026 outlook and turned profitable, driving a 15.1% stock increase. Raising 2026 outlook and achieving profitability signals major positive shift in company's financial trajectory.

3 transcript

Bandwidth Inc. (BAND) held its Q2 2026 earnings call, providing updates on quarterly performance and outlook. Earnings call reveals key financial metrics and guidance influencing stock performance.

1 Aug

3

Bandwidth Inc. reports Q2 growth driven by AI adoption but issues guidance that triggers market reassessment of its outlook. AI-driven growth and revised guidance together indicate moderate effects on financial performance and investor sentiment without fundamentally altering long-term trajectory.

30 Jul

4

Bandwidth Inc. highlighted AI strategy shift in Q2 earnings call and raised 2026 outlook. AI pivot and raised long-term outlook indicate major strategic moves that can significantly alter growth trajectory and investor sentiment.

3

Bandwidth Inc. stock is nosediving on negative developments pressuring investor sentiment and share price. Stock decline signals short-term pressure on valuation and sentiment without evidence of lasting fundamental change.

29 Jul

4

Bandwidth Inc. returned to profit and raised guidance, raising questions on whether the stock is fully valued. Return to profit and raised guidance signals major positive shifts in financial trajectory and investor outlook for Bandwidth.

4

Bandwidth Inc. posted record second-quarter results and raised its full-year 2026 outlook. Record results plus raised 2026 guidance point to major positive shift in growth trajectory and investor sentiment.

3 transcript

Bandwidth Inc. held its Q2 2026 earnings call, outlining financial results, operational updates, and forward guidance for the company. Earnings call data on results and guidance can moderately shift investor sentiment and short-term stock performance.

3 transcript

Bandwidth Inc. held its Q2 earnings call covering financial results, revenue performance, operational metrics and forward guidance. Q2 earnings release and guidance directly inform near-term financial expectations and investor positioning.

3

Bandwidth Inc. beat Q2 CY2026 sales estimates yet shares fell 26%. Earnings beat paired with steep share drop points to moderate near-term effects on performance and sentiment.

3

Bandwidth Inc. (BAND) exceeded Q2 earnings and revenue estimates. Q2 earnings and revenue beats signal stronger financial results likely to lift near-term stock performance.

3

Bandwidth Inc. released its Q2 earnings results. Q2 earnings figures typically produce moderate shifts in near-term stock sentiment and operational outlook.

3

Bandwidth Inc. announced its second quarter 2026 financial results. Quarterly earnings announcements provide updated performance metrics that can shift near-term stock valuation and sentiment.

28 Jul

3

Bandwidth Inc. (BAND) Q2 earnings expectations focus on revenue growth, subscriber additions, and updated guidance in cloud communications amid competitive pressures. Q2 earnings results and guidance can moderately shift investor views on financial trajectory and competitive standing.

10 Jul

3

Bandwidth Inc. evaluates whether its financial services portfolio can drive future growth and expansion. Financial services portfolio expansion may moderately influence Bandwidth's revenue and competitive positioning.

8 Jul

4

Bandwidth Inc. (BAND) announces a $275 million financing plan to strengthen its balance sheet and support growth initiatives. $275 million financing delivers major capital that can drive expansion and shift Bandwidth's financial trajectory.

1 Jul

4

Bandwidth Inc. launches Bandwidth Build Platform, with potential to drive BAND stock higher. New platform launch constitutes significant product innovation likely to alter company trajectory.

25 Jun

4

Bandwidth Inc. pursues AI expansion to secure competitive advantage in communications and messaging services amid evolving market demands. AI expansion constitutes a major strategic initiative likely to reshape Bandwidth's product offerings and long-term market trajectory.

4

Bandwidth Build is launching Agentic AI, prompting questions on whether the move will alter Bandwidth Inc. (BAND) market narrative and positioning. Agentic AI launch marks major product innovation that could shift company trajectory and investor sentiment.

23 Jun

4

Bandwidth Inc. launched 'Build,' enabling AI agents autonomous access to the Bandwidth Communications Cloud. Launch of 'Build' introduces major AI product capability likely to drive strategic growth and market positioning.

3

Bandwidth (BAND) stock trades higher today on positive investor reaction to recent developments at the company. Daily stock gains reflect moderate market sentiment shift without indicating major strategic or operational changes.

3

Bandwidth Inc. leverages Vistance amid secular growth drivers with consideration of stock purchase recommendation. Secular growth drivers through Vistance indicate moderate influence on Bandwidth future performance.

16 Jun

3

Bandwidth Inc. priced a $275 million convertible senior notes offering. Raising $275 million via convertible notes supplies capital but creates dilution risk that moderately affects future equity performance.

15 Jun

4

Bandwidth Inc. proposes private offering of $275 million convertible senior notes. Convertible note issuance represents major capital raise that alters capital structure and investor sentiment.

stockrow.com/BAND · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com