Bandwidth Inc.
Description
Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service (CPaaS) provider in North America 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, which include powering calling plans within cloud communications platforms, embedding click-to-call feature, and transitioning from traditional premise focused communications to cloud based services; messaging application programming interfaces (API), such as automated real-time notification and alerts, two-factor authentication, and group messaging; emergency services, including dynamic location routing, emergency calling API, and emergency notification API; phone numbers services consisting of global number management and programmatically port up to 20,000 numbers simultaneously; insights services comprising understand and solve for deliverability issues, and real-time call quality analytics, as well as track trends, benchmarks, and usage; and bring your own carrier with contact center as a service and unified communications as a service (UCaaS) integrations, such as UCaaS integration for Microsoft Teams, direct routing and dynamic E911, Microsoft Teams operator connect, and send-to SMS web applications. In addition, the company offers Call Assure, Application to Person, Bandwidth Maestro, and AIBridge. 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.
About
CEO
Mr. David Andrew Morken J.D.
Employees
1,100
Instrument type
Common Stock
Sector
Technology
Industry
Software - Infrastructure
MIC code
XNGS
Address
2230 Bandmate Way, Raleigh, NC 27607, United States
×
![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 29, 2025 | — | — | — | — |
| Jul 30, 2025 | — | — | — | — |
| May 5, 2025 | — | — | — | — |
| Feb 20, 2025 | 0.39 | — | — | — |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 6 | — | 7 |
| Average estimate | — | 0.32 | — | 1.55 |
| Low estimate | — | 0.28 | — | 1.36 |
| High estimate | — | 0.36 | — | 1.84 |
| Last year EPS | — | 0.27 | — | 1.36 |
[stock_revenue_estimate]
Growth estimates
Current qtr
3.120%
Next qtr. (Mar 2025)
18.950%
Current year
63.870%
Next year (Dec 2025)
14.310%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 601.12M | 573.15M | 490.91M | 343.11M | 232.59M |
| Cost of revenue | 364.96M | 334.80M | 277.09M | 185.25M | 124.96M |
| Gross profit | 236.16M | 238.35M | 213.81M | 157.86M | 107.64M |
| Operating expense | |||||
| Research & development | 104.19M | 97.99M | 69.51M | 42.06M | 31.46M |
| Selling general and admin | 167.43M | 164.69M | 146.55M | 129.31M | 93.87M |
| Other operating expenses | — | — | — | — | — |
| Operating income | -35.46M | -24.32M | -2.24M | -13.51M | -17.69M |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | 808,000 | 3.05M | 28.78M | — | — |
| Other income expense | 16.96M | 44.68M | -174,000 | -1.80M | 23,000 |
| Pretax income | -19.30M | 17.31M | -31.20M | -28.97M | -15.22M |
| Tax provision | -2.96M | -2.26M | -3.83M | 15.01M | -17.72M |
| Net income | -16.34M | 19.57M | -27.36M | -43.98M | 2.49M |
| Basic EPS | -0.64 | 0.77 | -1.09 | -1.83 | 0.11 |
| Diluted EPS | -0.64 | -0.48 | -1.09 | -1.83 | 0.10 |
| Basic average shares | 25.61M | 25.28M | 25.09M | 24.09M | 22.64M |
| Diluted average shares | 25.61M | 25.28M | 25.09M | 24.09M | 22.64M |
| EBITDA | 6.46M | 15.75M | 34.23M | 8.11M | -3.89M |
| Net income from continuing op. | -16.34M | 19.57M | -27.36M | -43.98M | 2.49M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 1.10B | 929.32M | 1.07B | 890.61M | 341.42M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 131.99M | 113.64M | 331.45M | 72.16M | 184.41M |
| Other short term investments | 21.49M | 71.23M | — | 40.00M | — |
| Accounts receivable | 35.65M | 41.79M | 31.45M | 26.50M | 14.69M |
| Other receivables | 43.63M | 33.86M | 31.79M | 29.94M | 16.26M |
| Inventory | — | — | — | — | — |
| Prepaid assets | — | — | 15.82M | 14.51M | 9.26M |
| Restricted cash | — | 981,000 | 836,000 | 9.27M | 590,000 |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 16.99M | 16.71M | 15.82M | — | — |
| Non current assets | |||||
| Properties | 260.80M | 107.94M | 105.82M | 89.24M | 69.62M |
| Land and improvements | 28.70M | 23.09M | 17.27M | — | — |
| Machinery furniture equipment | 42.76M | 38.37M | 15.22M | 10.82M | 9.03M |
| Construction in progress | 25.91M | 23.68M | 22.92M | 19.97M | 17.95M |
| Leases | 75.44M | 6.41M | 6.97M | 6.29M | 5.26M |
| Accumulated depreciation | -98.24M | -89.75M | -84.53M | -55.18M | -39.18M |
| Goodwill | 838.66M | 830.18M | 900.06M | 992.53M | 20.30M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 166.91M | 177.37M | 211.22M | 248.06M | 6.57M |
| Investments and advances | — | — | — | — | — |
| Other non current assets | 10.12M | 36.19M | 13.35M | 5.58M | 38.35M |
| Total liabilities | 803.66M | 657.14M | 652.94M | 460.69M | 71.33M |
| Current liabilities | |||||
| Accounts payable | 34.21M | 26.75M | 9.14M | 11.67M | 4.19M |
| Accrued expenses | 41.41M | 30.95M | 32.24M | 34.21M | 13.61M |
| Short term debt | 5.46M | 7.45M | 5.98M | 5.70M | 4.88M |
| Deferred revenue | 14.09M | 17.23M | 12.63M | 11.94M | 9.34M |
| Tax payable | 8.47M | 10.03M | 14.47M | 9.14M | 5.44M |
| Pensions | 19.14M | 21.60M | 19.04M | 19.53M | 8.28M |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 639.07M | 485.19M | 497.40M | 299.40M | 19.87M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 33.02M | 38.47M | 48.40M | 61.01M | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 386,000 | 11.18M | 6.02M | 1.71M | — |
| Shareholders equity | |||||
| Common stock | 26,000 | 25,000 | 25,000 | 24,000 | 24,000 |
| Retained earnings | -64.89M | -48.55M | -76.87M | -49.51M | -5.53M |
| Other shareholders equity | -28.79M | -44.21M | -13.04M | 27.94M | 41,000 |
| Total shareholders equity | 297.39M | 272.18M | 412.60M | 429.92M | 270.09M |
| Additional paid in capital | 391.05M | 364.91M | 502.48M | 451.46M | 275.55M |
| Treasury stock | — | — | — | — | — |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Net Income | -16.34M | 19.57M | -27.36M | -43.98M | 2.49M | 17.92M | 5.97M | 25.43M | 6.97M |
| Depreciation | 41.72M | 35.60M | 36.64M | 21.62M | 13.81M | 5.82M | 5.71M | 6.14M | 7.08M |
| Deferred Taxes | -5.94M | -5.56M | -7.49M | 14.27M | -17.50M | -10.83M | 6.17M | -11.09M | 304,000 |
| Stock-Based Compensation | 36.99M | 20.66M | 14.54M | 9.88M | 6.63M | 3.34M | 1.80M | 1.37M | 3.49M |
| Other Non-Cash Items | 11.84M | 10.06M | 32.48M | 15.65M | -523,000 | -100,000 | 376,000 | 52,000 | 49,000 |
| Accounts Receivable | -3.45M | -13.34M | -6.71M | -18.83M | -6.18M | -2.78M | -4.39M | -4.04M | -533,000 |
| Accounts Payable | 5.39M | 17.21M | 1.99M | 315,000 | 1.15M | -169,000 | -2.43M | 243,000 | 1.04M |
| Other Assets & Liabilities | -9.98M | -7.58M | -6.23M | -4.02M | -2.87M | 8.34M | 1.90M | -219,000 | 2.99M |
| Operating Cash Flow | 60.22M | 76.62M | 37.86M | -5.11M | -3.00M | 21.54M | 15.11M | 17.89M | 21.38M |
| Investing Activities | |||||||||
| Capital Expenditures | -9.26M | -60.34M | -33.24M | -12.27M | -22.22M | -12.42M | -5.02M | -3.83M | -2.09M |
| Net Intangibles | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | 1.25M | 1.56M | — | -400.49M | — | — | — | — | — |
| Purchase of Investments | -80.63M | -179.60M | — | -230.78M | -68.36M | -35.24M | — | — | — |
| Sale of Investments | 130.12M | 108.68M | 40.00M | 190.78M | 86.47M | 18.00M | — | — | — |
| Investing Cash Flow | 41.49M | -129.69M | 6.76M | -452.77M | -4.11M | -29.66M | -5.02M | -3.83M | -2.09M |
| Financing Activities | |||||||||
| Long-Term Debt Issuance | — | — | 250.00M | 400.00M | — | — | — | 40.00M | — |
| Long-Term Debt Payments | -157,000 | -190,000 | -212,000 | -28,000 | — | -92,000 | -49.07M | -69.05M | -32.66M |
| Other Financing Charges | -53.03M | -119.98M | -43.69M | -57.15M | -2.33M | -310,000 | -5.41M | -554,000 | 64,000 |
| Financing Cash Flow | -53.19M | -120.17M | 206.10M | 342.82M | 145.06M | 10.64M | 14.92M | -70.63M | -21.46M |
| Other Cash Details | |||||||||
| End Cash Position | 132.31M | 114.62M | 332.29M | 81.44M | 185.00M | 41.50M | 37.87M | 7.03M | 10.06M |
| Income Tax Paid | 7.20M | 3.93M | 2.00M | 454,000 | — | 155,000 | 855,000 | 6,000 | 73,000 |
| Interest Paid | 1.50M | 18,000 | 1.48M | 579,000 | 341,000 | 107,000 | 1.54M | 1.31M | 1.10M |
| Free Cash Flow | 19.10M | -29.18M | -13.83M | -10.07M | -27.01M | 10.19M | 6.66M | -907,000 | -8.91M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 752,356 | 13.62M | 2.94% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 708,691 | 12.83M | 2.77% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 340,743 | 6.17M | 1.33% |
| TIAA-CREF Funds-Nuveen Quant Small Cap Equity Fund | Oct 31, 2024 | 302,640 | 5.48M | 1.18% |
| Fidelity Small Cap Index Fund | Oct 31, 2024 | 253,971 | 4.60M | 0.99% |
| BlackRock Advantage Small Cap Core Fund | Nov 30, 2024 | 241,413 | 4.37M | 0.94% |
| College Retirement Equities Fund-Stock Account | Sep 30, 2024 | 228,570 | 4.14M | 0.89% |
| Fidelity Enhanced Small Cap ETF | Nov 30, 2024 | 206,778 | 3.74M | 0.81% |
| Columbia Fds Ser Tr I-Columbia Small Cap Value Fd I | Oct 31, 2024 | 206,700 | 3.74M | 0.81% |
| iShares Russell 2000 Growth ETF | Nov 30, 2024 | 198,834 | 3.60M | 0.78% |
Article
Bandwidth to Report Fourth Quarter and Full Year 2024 Financial Results on February 20, 2025
RALEIGH, N.C. , Jan. 21, 2025 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced it will report its financial results for the fourth quarter and full year ended December 31, 2024 before market open on Thursday, February 20, 2025.
Jan 21, 2025
Article
Bandwidth: Remains A Bargain Even As Growth Slows
Shares have remained weak in recent months, despite strong growth and improving profitability in the underlying business. The market appears to be pricing in a significant growth deceleration due to the lack of political spending on the platform in 2025. Despite this headwind, I expect 8% year over year increase in Adjusted EBITDA and a 10% increase in FCF for FY25.
Jan 20, 2025
Article
Twilio Has Soared 94% in 6 Months. Here's Another Incredibly Cheap Cloud Stock That Could Follow Suit and Jump at Least 34%, According to Wall Street.
Cloud communications provider Twilio (TWLO 1.13%) has been one of the hottest stocks on the market during the past six months, clocking incredible gains of 94% as of this writing thanks to the company's improving growth profile, as well as the incredible addressable market it can tap.
Jan 10, 2025
