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Bandwidth Inc.

BANDTechnologyNASDAQ

Software - Infrastructure · Last scanned May 30, 2026

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Financials · Annual
Revenue
$753.8M
+0.7% YoY
Net Income
-$12.9M
-97.9% YoY
EBITDA
$39.2M
-7.0% YoY
Free Cash Flow
$80.4M

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About Bandwidth Inc.

Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service provider in the United States and internationally. With a market capitalization of $2.08B, it sits in mid-cap territory. The company's platform enables enterprises to create, scale, and operate voice or messaging communications services across various mobile applications or connected devices.

Key stats
Market Cap$2.08B
Fwd P/E29.03
EPS$-0.38
Beta2.73
52W Change+351.2%
ROE-1.4%
Analysis

On the balance sheet, BAND has $50.3M in cash with $423.2M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. The company generates $80.4M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at -1.4%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Revenue has grown from $573.2M (2022) to $753.8M (2025), reflecting a 32% increase over the period.

Bandwidth Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. Bandwidth Inc. carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Bandwidth Inc. and its sector.

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