Company Analysis

Bandwidth Inc. (BAND)

Nasdaq: BAND · Services-Prepackaged Software · Raleigh, NC · filing with the SEC since 2011
Grade4.5
◀ Past 6.2● Present 4.7▶ Future 3.2

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 19, 2026Feb 20, 2025Feb 28, 2024Feb 23, 2023Feb 25, 2022Mar 1, 2021Feb 21, 2020Feb 15, 2019Feb 26, 2018·
Revenue753,817748,487601,117573,152490,907343,113232,594204,113162,955152,135
For lenders
Net interest income········-1,728-908
Cost of revenue458,766468,529364,960334,799277,094r189,203r124,959108,14589,26285,218
Gross profit295,051279,958236,157238,353213,813r153,910r107,63595,96873,69366,917
Research and development132,517118,627104,18897,99069,505r54,555r31,46120,89710,7898,520
Sales and marketing101,683109,698102,06396,65882,333r61,216r35,02020,73111,2189,294
General and administrative75,22071,69265,36368,02964,212r51,644r58,84747,58837,06933,859
Total operating expenses309,420300,017271,614262,677216,050r167,415r125,32889,21659,07651,673
Operating income-14,369-20,059-35,457-24,324-2,237-13,505-17,6936,75214,61715,244
Interest expense2,4212,9833,7195,22428,66116,406····
Interest and investment income3001,0002,0001,2000r0100r770·
Interest income (expense), net-2,028-1,861-808-3,048-28,784-13,6722,446301-1,728-908
Other income (expense), net-1,2762,7001954,473-174r-1,795r2,469301-1,728-908
Total non-operating income (expense)-2,22211,10616,15441,630-28,958-15,467····
Income before income taxes·····-28,972-15,2247,05312,88914,336
Income tax expense-3,679-2,429-2,960-2,264-3,83315,005-17,718-10,8706,918-11,094
Income from continuing operations······2,49417,9235,97125,430
Income from discontinued operations·······00-3,072
Net income-12,912-6,524-16,34319,570-27,362-43,9772,49417,9235,97122,358
Net income to common shareholders-12,912-6,524-16,34319,570-27,362-43,9772,49417,9235,32719,408
Earnings per share, basic-0.43-0.24-0.640.77-1.09-1.830.110.960.421.66
Earnings per share, diluted-0.43-0.24-0.64-0.48-1.09-1.830.100.850.371.51
Weighted average shares, basic29,996,86127,209,69825,612,72425,282,79625,090,91624,092,57422,640,46118,573,06712,590,22111,678,568
Weighted average shares, diluted29,996,86127,209,69825,612,72430,907,86925,090,91624,092,57423,923,77721,140,38214,543,17012,870,632
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Sales and marketing the cost of finding and serving customersus-gaap:SellingAndMarketingExpense
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total operating expenses the running costs togetherus-gaap:OperatingExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseDebt
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton BAND · research, not advice