Bandwidth Inc

Bandwidth Inc

BAND · NASDAQ · Technology / Software - Infrastructure

43.76USD-2.53 (-5.47%)

Price History

Full chart

Market Stats

Previous Close46.29
Open46.30
Day Range43.25 – 46.67
52-Week Range12.50 – 79.08
Volume324.75K
Market Cap1.99B
P/E (TTM)0.00
Forward P/E23.04
EPS-0.34
Dividend Yield0.00%
Beta3.03
50-Day Avg51.94
200-Day Avg36.15

About

Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service provider in the United States and internationally. The company's platform enables enterprises to create, scale, and operate voice or messaging communications services across various mobile applications or connected devices. Its platform also provides voice services through SIP or programmable voice application programming interfaces (API); software APIs for messaging; communications solutions with integrated local emergency services; number management solutions; insights on customer's voice and messaging performance to make data-driven decisions; and carrier integrations services, which includes unified communications as a service, contact center as a service, conversational AI, and speech-to-text/text-to-speech platforms. In addition, the company offers Call Assure that provides hands-free alternative routing; application to person messaging solutions that supports SMS and MMS on local numbers, toll free numbers, and short codes; Bandwidth Maestro, an enterprise cloud communications platform; and Conversational AI Integrations. It serves technology companies, enterprise customers, and software-as-a-service platforms. The company was formerly known as Bandwidth.com, Inc. and changed its name to Bandwidth Inc. in September 2017. Bandwidth Inc. was founded in 1999 and is headquartered in Raleigh, North Carolina.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. David Andrew Morken J.D.
  • Employees1.10K
  • Headquarters2230 Bandmate Way, Raleigh, NC, United States, 27607, USA
  • Websitehttps://www.bandwidth.com

Leadership

  • Mr. David Andrew Morken J.D.Co-Founder, CEO & Chairman · b. 1969
  • Mr. Daryl E. Raiford CPAExecutive VP & CFO · b. 1963
  • Mr. Devesh AgarwalChief Operating Officer · b. 1970
  • Ms. Rebecca G. BottorffChief People Officer & Director · b. 1968
  • Mr. Richard Brandon Asbill J.D.General Counsel Emeritus and Assistant Secretary · b. 1967
  • Mr. Devin M. KrupkaPrincipal Accounting Officer · b. 1987
  • Mr. Scott T. MullenChief Technology Officer · b. 1978
  • Mr. Kade B. RossChief Information Officer
  • Mr. Nils L. ErdmannSenior Vice President of Investor Relations
  • Ms. Emily C. HarlanGeneral Counsel and Secretary

Financials

Income Statement

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue137.80M152.13M162.96M204.11M232.59M343.11M490.91M573.15M601.12M748.49M753.82M
Growth (%)-+10.40%+7.11%+25.26%+13.95%+47.52%+43.07%+16.75%+4.88%+24.52%+0.71%
Cost of Revenue79.24M85.22M89.26M108.14M124.96M185.25M272.38M334.80M364.96M468.53M458.77M
Gross Profit58.56M66.92M73.69M95.97M107.64M157.86M218.52M238.35M236.16M279.96M295.05M
Gross Margin42.50%43.99%45.22%47.02%46.28%46.01%44.51%41.59%39.29%37.40%39.14%
Operating Expense50.60M51.67M59.08M89.22M125.33M171.37M220.76M262.68M271.61M300.02M309.42M
Operating Income7.96M15.24M14.62M6.75M-17.69M-13.51M-2.24M-24.32M-35.46M-20.06M-14.37M
Operating Margin5.78%10.02%8.97%3.31%-7.61%-3.94%-0.46%-4.24%-5.90%-2.68%-1.91%
EBITDA15.04M21.39M20.33M12.58M-3.89M8.11M39.83M62.93M32.55M42.15M39.20M
EBITDA Margin10.91%14.06%12.48%6.16%-1.67%2.36%8.11%10.98%5.41%5.63%5.20%
Net Income-6.70M22.36M5.97M17.92M2.49M-43.98M-27.36M19.57M-16.34M-6.52M-12.91M
Net Income Margin-4.86%14.70%3.66%8.78%1.07%-12.82%-5.57%3.41%-2.72%-0.87%-1.71%
R&D7.38M8.52M10.79M20.90M31.46M42.06M55.17M97.99M104.19M118.63M132.52M
R&D as % of Total Revenue5.35%5.60%6.62%10.24%13.53%12.26%11.24%17.10%17.33%15.85%17.58%
Interest Expense589.00K908.00K1.73M301.00K2.47M16.41M28.78M3.05M808.00K1.86M2.03M
Interest Expense % of Total Revenue0.43%0.60%1.06%0.15%1.06%4.78%5.86%0.53%0.13%0.25%0.27%

Balance Sheet

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets63.15M69.97M104.49M150.42M353.50M890.61M1.07B929.32M1.10B989.17M1.12B
Total Liabilities60.40M70.53M27.78M41.65M83.41M460.69M652.94M657.14M803.66M676.63M720.15M
Total Equity2.74M-556.00K76.71M108.77M270.09M429.92M412.60M272.18M297.39M312.53M399.97M
Cash10.06M6.79M37.63M41.26M185.00M72.16M331.45M113.64M131.99M81.81M103.16M
Total Debt17.14M44.84M92.00K-24.74M304.91M503.20M492.64M644.54M503.59M701.17M
Net Debt7.08M38.05M-37.53M-41.26M-160.26M232.75M171.75M379.00M512.55M421.77M598.01M

Cash Flow

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-3.81M5.15M14.62M24.63M-1.25M4.52M40.80M34.91M39.00M83.88M89.49M
Investing Cash Flow-5.96M-7.37M-7.96M-31.68M-7.65M-455.08M2.83M-133.45M30.85M-1.44M-39.06M
Financing Cash Flow11.04M-1.05M24.18M10.68M152.42M346.89M207.03M-120.00M-52.77M-131.27M-29.07M
Capital Expenditure5.10M6.06M7.96M14.45M25.76M14.59M54.63M64.09M19.90M13.99M22.26M
Free Cash Flow-8.91M-907.00K6.66M10.19M-27.01M-10.07M-13.83M-29.18M19.10M69.90M67.23M
Dividends Paid30.00M30.00M00-39.25M24.57M1.98M---
FCF to OCF233.95%-17.60%45.54%41.35%2155.79%-222.97%-33.88%-83.61%48.98%83.33%75.12%
Dividend Paid to FCF-336.66%-3307.61%0.00%0.00%--389.59%-177.74%-6.77%---

Earnings

Report DateAug 30, 2017Dec 13, 2017Feb 21, 2018May 2, 2018Jul 31, 2018Oct 30, 2018Feb 13, 2019May 2, 2019Jul 31, 2019Nov 6, 2019Feb 20, 2020Apr 30, 2020Jul 30, 2020Oct 29, 2020Feb 25, 2021May 5, 2021Aug 5, 2021Nov 8, 2021Feb 23, 2022May 4, 2022Aug 3, 2022Nov 1, 2022Feb 23, 2023May 2, 2023Aug 2, 2023Nov 2, 2023Feb 28, 2024May 7, 2024Aug 1, 2024Oct 31, 2024Feb 26, 2025May 7, 2025Jul 29, 2025Oct 30, 2025Feb 19, 2026Apr 30, 2026Jul 29, 2026Oct 29, 2026
EPS Estimate0.000.100.010.09-0.12-0.19-0.29-0.25-0.17-0.15-0.15-0.110.00-0.020.040.010.080.08-0.13-0.08-0.070.030.040.010.040.200.230.200.260.320.390.270.330.370.330.300.050.23
EPS Actual0.180.150.090.330.20-0.05-0.04-0.12-0.04-0.06-0.020.040.130.240.130.300.320.250.090.09-0.040.270.190.050.160.230.380.270.290.430.370.360.380.360.350.380.01-
Surprise-50.00%800.00%266.67%266.67%73.68%86.21%52.00%76.47%60.00%86.67%136.36%2854.55%1300.00%225.00%2900.00%300.00%212.50%169.23%212.50%42.86%800.00%375.00%400.00%300.00%15.00%65.22%35.00%11.54%34.38%-5.59%33.33%15.15%-2.70%6.87%26.67%-80.00%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap1.99B
Enterprise Value2.28B
Trailing P/E0.00
Forward P/E23.04
Price / Sales2.40
Price / Book5.03
EPS-0.34
Book Value11.75
Revenue (TTM)828.24M
Gross Profit (TTM)308.43M
EBITDA40.45M
Profit Margin0.27%
Operating Margin-2.07%
Return on Equity0.59%
Return on Assets-0.86%
Shares Outstanding30.22M
Shares Float29.02M
Beta3.03
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 6 analystsTarget 68.60
  • Strong Buy
    1
  • Buy
    2
  • Hold
    2
  • Strong Sell
    1

Ownership Breakdown

Institutions
103.23%
Insiders
3.23%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    2.96M9.19%
  • D. E. Shaw & Co LP
    1.31M4.07%
  • Vanguard Capital Management, LLC
    1.19M3.71%
  • Dimensional Fund Advisors, Inc.
    938.16K2.92%
  • Wellington Management Company LLP
    911.89K2.83%
  • Acadian Asset Management LLC
    832.69K2.59%
  • Two Sigma Investments LLC
    824.92K2.56%
  • Cypress Point Investment Management, LP
    775.58K2.41%
  • State Street Corp
    723.29K2.25%
  • Geode Capital Management, LLC
    693.46K2.15%
  • Arrowstreet Capital Limited Partnership
    688.43K2.14%
  • Renaissance Technologies Corp
    644.98K2.00%
  • Ameriprise Financial Inc
    579.62K1.80%
  • Vanguard Portfolio Management, LLC
    543.91K1.69%
  • FMR Inc
    524.09K1.63%
  • Connor Clark & Lunn Inv Mgmt Ltd
    467.49K1.45%

Top Fund Holders

  • Hood River Small-Cap Growth Instl
    1.11M3.43%
  • Vanguard MStar Total Stk Mkt Idx Invest
    912.86K2.84%
  • iShares Russell 2000 ETF
    762.22K2.37%
  • Heptagon Driehaus US Micro Cap Eq C$ Acc
    525.30K1.63%