Bandwidth Quarterly Income Statement
NASDAQ: BANDTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Bandwidth revenue and earnings
In the quarter ended Mar 31, 2026, Bandwidth generated $208.8 million in revenue, up 19.8% from the same quarter a year earlier. Net income was $4.1 million, for a net margin of 2.0% versus a median of -1.4% in the prior 5 quarters. Gross margin was 37.3% (down from 41.0%) and operating margin -2.2%.
Diluted earnings per share came in at -$0.08.
Summary generated from market data by MetaCap's automated system. Methodology
Bandwidth income statement (quarterly)
| Quarter (USD) | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 | Q2 20232023-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 208.78M | 207.67M | 191.90M | 180.01M | 174.24M | 209.97M | 193.88M | 173.60M | 171.03M | 165.39M | 152.01M | 145.87M |
| Revenue growth (YoY) | +19.82% | -1.10% | -1.03% | +3.69% | +1.88% | +26.96% | +27.54% | +19.01% | +24.08% | +5.36% | +2.49% | +6.88% |
| Cost of Revenue | 130.87M | 129.59M | 118.10M | 108.35M | 102.73M | 133.46M | 120.75M | 108.77M | 105.55M | 103.34M | 92.51M | 86.92M |
| Gross Profit | 77.91M | 78.08M | 73.80M | 71.66M | 71.51M | 76.51M | 73.13M | 64.83M | 65.48M | 62.05M | 59.50M | 58.95M |
| Operating Expenses | 82.53M | 82.00M | 75.81M | 75.41M | 76.20M | 79.18M | 74.03M | 70.90M | 75.90M | 72.08M | 65.65M | 66.47M |
| Research & Development | 38.47M | 37.13M | 33.01M | 31.75M | 30.63M | 31.41M | 30.17M | 28.13M | 28.91M | 28.88M | 24.79M | 24.85M |
| Selling, General & Admin | 44.07M | 44.88M | 42.80M | 43.66M | 45.57M | 47.77M | 43.86M | 42.77M | 46.99M | 43.20M | 40.85M | 41.62M |
| Operating Income | -4.62M | -3.93M | -2.01M | -3.75M | -4.69M | -2.67M | -898.00K | -6.07M | -10.42M | -10.04M | -6.15M | -7.52M |
| Interest Expense | — | 597.00K | 596.00K | 596.00K | 632.00K | 645.00K | 646.00K | 785.00K | 907.00K | 904.00K | 906.00K | 896.00K |
| Other Income (Expense) | 7.21M | -538.00K | -1.51M | -1.05M | 877.00K | -252.00K | 577.00K | 9.80M | 983.00K | -665.00K | 798.00K | 3.78M |
| Income Tax | -1.53M | -1.46M | -2.28M | 136.00K | -70.00K | -1.16M | -734.00K | -331.00K | -200.00K | 234.00K | -219.00K | 153.00K |
| Net Income | 4.12M | -3.00M | -1.24M | -4.93M | -3.74M | -1.76M | 413.00K | 4.05M | -9.23M | -10.93M | -5.13M | -3.89M |
| Net Income growth (YoY) | — | — | -400.48% | -221.60% | — | — | — | — | -355.69% | -132.70% | — | — |
| EPS (Basic) | 0.13 | -0.10 | -0.04 | -0.16 | -0.13 | -0.06 | 0.02 | 0.15 | -0.35 | -0.43 | -0.20 | -0.15 |
| EPS (Diluted) | -0.08 | -0.10 | -0.04 | -0.16 | -0.13 | 0.27 | 0.01 | -0.17 | -0.35 | -0.01 | -0.20 | -0.15 |
| Shares Outstanding (Basic) | 31.68M | — | 30.28M | 29.89M | 28.98M | — | 27.37M | 27.08M | 26.49M | — | 25.61M | 25.56M |
| Shares Outstanding (Diluted) | 32.96M | — | 30.28M | 29.89M | 28.98M | — | 28.62M | 29.50M | 26.49M | — | 25.61M | 25.56M |
| EBITDA | 5.16M | 5.57M | 7.20M | 5.00M | 3.53M | 5.06M | 7.09M | 1.89M | -2.36M | -2.32M | 500.00K | -2.06M |
| Gross Margin | 37.32% | 37.60% | 38.46% | 39.81% | 41.04% | 36.44% | 37.72% | 37.34% | 38.29% | 37.52% | 39.14% | 40.42% |
| Operating Margin | -2.21% | -1.89% | -105.00% | -2.08% | -2.69% | -127.00% | -46.00% | -3.50% | -6.09% | -6.07% | -4.04% | -5.15% |
| Net Margin | 1.97% | -144.00% | -65.00% | -2.74% | -2.15% | -84.00% | 21.00% | 2.34% | -5.40% | -6.61% | -3.37% | -2.67% |
This table shows 12 quarterly periods of Bandwidth's income statement, from Q1 2026 back to Q2 2023, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow BAND's reporting calendar. What is a income statement?