BANDWIDTH INC. (BAND)

Import this data to Google Sheets with:

=jivedata("BAND","financials")

Full statements spill as a table. For one cell: =jivedata("BAND","Revenue") or =jivedata("BAND","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.

BANDWIDTH INC.

BAND • CIK 0001514416

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Revenue from Contract with Customer, Excluding Assessed Tax	$601,117	$748,487	$753,817	$788,360
Cost of Goods and Services Sold	$364,960	$468,529	$458,766	$486,907
Gross Profit	$236,157	$279,958	$295,051	$301,453
Operating Income (Loss)	$-35,457	$-20,059	$-14,369	$-14,303
Income (Loss) Attributable to Parent, before Tax	$-19,303	$-8,953	$-16,591	$-10,189
Income Tax Expense (Benefit)	$-2,960	$-2,429	$-3,679	$-5,135
Net Income (Loss) Attributable to Parent	$-16,343	$-6,524	$-12,912	$-5,054
Research and Development Expense	$104,188	$118,627	$132,517	$140,351
Selling and Marketing Expense	$102,063	$109,698	$101,683	$99,854
General and Administrative Expense	$65,363	$71,692	$75,220	$75,551
Operating Expenses	$271,614	$300,017	$309,420	$315,756
Gain (Loss) on Extinguishment of Debt	$12,767	$10,267	$1,082	$7,283
Gain on Business Interruption Insurance Recovery	$4,000	$0	$0	$0
Interest Income (Expense), Nonoperating, Net	$-808	$-1,861	$-2,028	$-2,213
Other Nonoperating Income (Expense)	$195	$2,700	$-1,276	$-956
Nonoperating Income (Expense)	$16,154	$11,106	$-2,222	$4,114
Weighted Average Number of Shares Outstanding, Basic	25,612,724	27,209,698	29,996,861	32,696,308

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization	$177,864	$176,823	$174,251	$172,157
Operating Lease, Right-of-Use Asset	$157,507	$153,601	$152,950	$152,126
Intangible Assets, Net (Excluding Goodwill)	$166,914	$145,355	$138,742	$128,830
Deferred Costs, Noncurrent	$4,586	$4,355	$3,098	$2,609
Other Assets, Noncurrent	$5,530	$3,977	$7,754	$7,896
Goodwill	$335,872	$317,243	$356,772	$348,694
Assets	$1,101,048	$989,166	$1,052,627	$984,196
Other Liabilities, Noncurrent	$386	$576	$555	$1,625
Operating Lease, Liability, Noncurrent	$220,548	$219,191	$221,019	$219,892
Contract with Customer, Liability, Noncurrent	$8,406	$7,955	$4,972	$3,950
Deferred Income Tax Liabilities, Net	$33,021	$27,304	$24,479	$21,839
Long-term Debt, Excluding Current Maturities	$418,526	$281,284	$247,562	$148,699
Liabilities	$803,658	$676,633	$652,654	$578,525
Cash and Cash Equivalents, at Carrying Value	$131,987	$81,812	$102,788	$47,283
Marketable Securities, Current	$21,488	$1,975	$8,476	$2,990
Accounts Receivable, after Allowance for Credit Loss, Current	$78,155	$86,455	$91,409	$101,170
Deferred Costs, Current	$4,155	$3,729	$4,830	$4,558
Prepaid Expense and Other Assets, Current	$16,990	$13,841	$11,557	$15,883
Assets, Current	$252,775	$187,812	$219,060	$171,884
Accounts Payable, Current	$34,208	$28,362	$42,600	$31,694
Accrued Liabilities, Current	$69,014	$98,121	$91,151	$87,381
Contract with Customer, Liability, Current	$8,059	$7,031	$8,742	$8,815
Operating Lease, Liability, Current	$5,463	$3,111	$3,947	$4,130
Convertible Debt, Current	—	—	$7,627	$0
Liabilities, Current	$122,771	$140,323	$154,067	$182,520
Preferred Stock, Value, Issued	$0	$0	$0	$0
Additional Paid in Capital	$391,048	$435,927	$485,836	$503,269
Retained Earnings (Accumulated Deficit)	$-64,890	$-71,414	$-84,326	$-80,208
Accumulated Other Comprehensive Income (Loss), Net of Tax	$-28,794	$-52,009	$-1,568	$-12,413
Stockholders' Equity Attributable to Parent	$297,390	$312,533	$399,973	$405,671
Preferred Stock, Shares Authorized	10,000,000	10,000,000	10,000,000	10,000,000
Preferred Stock, Shares Issued	0	0	0	0

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Net Income (Loss) Attributable to Parent	$-16,343	$-6,524	$-12,912	$-5,054
Net Cash Provided by (Used in) Operating Activities	$39,001	$83,883	$89,491	$101,342
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$610	$-1,241	$-440	$-1,156
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$17,685	$-50,073	$20,926	$11,314
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$132,307	$82,234	$103,160	$114,474
Payments to Acquire Other Property, Plant, and Equipment	$9,257	$13,986	$22,261	$21,985
Operating Lease, Right-of-Use Asset, Amortization Expense	$9,323	$3,601	$3,386	$3,421
Amortization of Debt Issuance Costs and Discounts	$2,520	$1,709	$1,384	$1,329
Payments to Develop Software	$10,642	$11,394	$10,680	$10,094
Share-based Payment Arrangement, Noncash Expense	$36,992	$48,362	$52,332	$51,747
Payments to Acquire Marketable Securities	$80,625	$34,050	$16,127	$13,389
Proceeds from Sale and Maturity of Marketable Securities	$130,120	$53,502	$9,650	$16,130
Gain (Loss) on Disposition of Intangible Assets	—	$1,000	$0	$0
Proceeds from Divestiture of Businesses	$1,253	$779	$361	$258
Gain (Loss) on Extinguishment of Debt	$12,767	$10,267	$1,082	$7,283
Net Cash Provided by (Used in) Investing Activities	$30,849	$-1,442	$-39,057	$-29,080
Proceeds from Lines of Credit	—	$206,500	$28,500	$97,500
Finance Lease, Principal Payments	$157	$87	$66	$66
Payment for Debt Extinguishment or Debt Prepayment Cost	$51,259	$128,534	$26,144	$99,645
Payments of Debt Issuance Costs	$710	$524	$25	$25
Proceeds from Stock Options Exercised	$413	$167	$109	$109
Payment, Tax Withholding, Share-based Payment Arrangement	$1,062	$2,295	$2,942	$5,662
Net Cash Provided by (Used in) Financing Activities	$-52,775	$-131,273	$-29,068	$-59,792
Cash and Cash Equivalents, at Carrying Value	$131,987	$81,812	$102,788	$114,138
Restricted Cash and Cash Equivalents	$320	$422	$372	$336
Income Taxes Paid, Net	$7,203	$3,815	$-55	$-55
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$156,025	$1,905	$2,661	$2,094
Capital Expenditures Incurred but Not yet Paid	$6,871	$11,447	$6,607	$9,606
Escrow Deposit Disbursements Related to Property Acquisition	$20,674	$0	$0	$0
Increase (Decrease) in Accounts Receivable	$3,454	$8,725	$3,956	$13,694
Increase (Decrease) in Prepaid Expense and Other Assets	$-2,141	$-4,062	$1,682	$320
Increase (Decrease) in Accounts Payable	$5,385	$-4,639	$13,070	$14,757
Increase (Decrease) in Accrued Liabilities	$-10,592	$18,108	$-10,737	$3,960
IncreaseDecreaseInOperatingLeaseLiability	$-9,979	$-5,594	$-1,945	$-3,795

Jive Data

Google Sheets add-onSheets Account

Import this data to Google Sheets with:

=jivedata("BAND","financials")

Full statements spill as a table. For one cell: =jivedata("BAND","Revenue") or =jivedata("BAND","Revenue","TTM"). Install the Jive Data add-on, then paste into a cell.

BANDWIDTH INC.

BAND • CIK 0001514416

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Revenue from Contract with Customer, Excluding Assessed Tax	$601,117	$748,487	$753,817	$788,360
Cost of Goods and Services Sold	$364,960	$468,529	$458,766	$486,907
Gross Profit	$236,157	$279,958	$295,051	$301,453
Operating Income (Loss)	$-35,457	$-20,059	$-14,369	$-14,303
Income (Loss) Attributable to Parent, before Tax	$-19,303	$-8,953	$-16,591	$-10,189
Income Tax Expense (Benefit)	$-2,960	$-2,429	$-3,679	$-5,135
Net Income (Loss) Attributable to Parent	$-16,343	$-6,524	$-12,912	$-5,054
Research and Development Expense	$104,188	$118,627	$132,517	$140,351
Selling and Marketing Expense	$102,063	$109,698	$101,683	$99,854
General and Administrative Expense	$65,363	$71,692	$75,220	$75,551
Operating Expenses	$271,614	$300,017	$309,420	$315,756
Gain (Loss) on Extinguishment of Debt	$12,767	$10,267	$1,082	$7,283
Gain on Business Interruption Insurance Recovery	$4,000	$0	$0	$0
Interest Income (Expense), Nonoperating, Net	$-808	$-1,861	$-2,028	$-2,213
Other Nonoperating Income (Expense)	$195	$2,700	$-1,276	$-956
Nonoperating Income (Expense)	$16,154	$11,106	$-2,222	$4,114
Weighted Average Number of Shares Outstanding, Basic	25,612,724	27,209,698	29,996,861	32,696,308

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization	$177,864	$176,823	$174,251	$172,157
Operating Lease, Right-of-Use Asset	$157,507	$153,601	$152,950	$152,126
Intangible Assets, Net (Excluding Goodwill)	$166,914	$145,355	$138,742	$128,830
Deferred Costs, Noncurrent	$4,586	$4,355	$3,098	$2,609
Other Assets, Noncurrent	$5,530	$3,977	$7,754	$7,896
Goodwill	$335,872	$317,243	$356,772	$348,694
Assets	$1,101,048	$989,166	$1,052,627	$984,196
Other Liabilities, Noncurrent	$386	$576	$555	$1,625
Operating Lease, Liability, Noncurrent	$220,548	$219,191	$221,019	$219,892
Contract with Customer, Liability, Noncurrent	$8,406	$7,955	$4,972	$3,950
Deferred Income Tax Liabilities, Net	$33,021	$27,304	$24,479	$21,839
Long-term Debt, Excluding Current Maturities	$418,526	$281,284	$247,562	$148,699
Liabilities	$803,658	$676,633	$652,654	$578,525
Cash and Cash Equivalents, at Carrying Value	$131,987	$81,812	$102,788	$47,283
Marketable Securities, Current	$21,488	$1,975	$8,476	$2,990
Accounts Receivable, after Allowance for Credit Loss, Current	$78,155	$86,455	$91,409	$101,170
Deferred Costs, Current	$4,155	$3,729	$4,830	$4,558
Prepaid Expense and Other Assets, Current	$16,990	$13,841	$11,557	$15,883
Assets, Current	$252,775	$187,812	$219,060	$171,884
Accounts Payable, Current	$34,208	$28,362	$42,600	$31,694
Accrued Liabilities, Current	$69,014	$98,121	$91,151	$87,381
Contract with Customer, Liability, Current	$8,059	$7,031	$8,742	$8,815
Operating Lease, Liability, Current	$5,463	$3,111	$3,947	$4,130
Convertible Debt, Current	—	—	$7,627	$0
Liabilities, Current	$122,771	$140,323	$154,067	$182,520
Preferred Stock, Value, Issued	$0	$0	$0	$0
Additional Paid in Capital	$391,048	$435,927	$485,836	$503,269
Retained Earnings (Accumulated Deficit)	$-64,890	$-71,414	$-84,326	$-80,208
Accumulated Other Comprehensive Income (Loss), Net of Tax	$-28,794	$-52,009	$-1,568	$-12,413
Stockholders' Equity Attributable to Parent	$297,390	$312,533	$399,973	$405,671
Preferred Stock, Shares Authorized	10,000,000	10,000,000	10,000,000	10,000,000
Preferred Stock, Shares Issued	0	0	0	0

(in thousands, except per share data)	FY 2023	FY 2024	FY 2025	TTM
Net Income (Loss) Attributable to Parent	$-16,343	$-6,524	$-12,912	$-5,054
Net Cash Provided by (Used in) Operating Activities	$39,001	$83,883	$89,491	$101,342
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$610	$-1,241	$-440	$-1,156
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	$17,685	$-50,073	$20,926	$11,314
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	$132,307	$82,234	$103,160	$114,474
Payments to Acquire Other Property, Plant, and Equipment	$9,257	$13,986	$22,261	$21,985
Operating Lease, Right-of-Use Asset, Amortization Expense	$9,323	$3,601	$3,386	$3,421
Amortization of Debt Issuance Costs and Discounts	$2,520	$1,709	$1,384	$1,329
Payments to Develop Software	$10,642	$11,394	$10,680	$10,094
Share-based Payment Arrangement, Noncash Expense	$36,992	$48,362	$52,332	$51,747
Payments to Acquire Marketable Securities	$80,625	$34,050	$16,127	$13,389
Proceeds from Sale and Maturity of Marketable Securities	$130,120	$53,502	$9,650	$16,130
Gain (Loss) on Disposition of Intangible Assets	—	$1,000	$0	$0
Proceeds from Divestiture of Businesses	$1,253	$779	$361	$258
Gain (Loss) on Extinguishment of Debt	$12,767	$10,267	$1,082	$7,283
Net Cash Provided by (Used in) Investing Activities	$30,849	$-1,442	$-39,057	$-29,080
Proceeds from Lines of Credit	—	$206,500	$28,500	$97,500
Finance Lease, Principal Payments	$157	$87	$66	$66
Payment for Debt Extinguishment or Debt Prepayment Cost	$51,259	$128,534	$26,144	$99,645
Payments of Debt Issuance Costs	$710	$524	$25	$25
Proceeds from Stock Options Exercised	$413	$167	$109	$109
Payment, Tax Withholding, Share-based Payment Arrangement	$1,062	$2,295	$2,942	$5,662
Net Cash Provided by (Used in) Financing Activities	$-52,775	$-131,273	$-29,068	$-59,792
Cash and Cash Equivalents, at Carrying Value	$131,987	$81,812	$102,788	$114,138
Restricted Cash and Cash Equivalents	$320	$422	$372	$336
Income Taxes Paid, Net	$7,203	$3,815	$-55	$-55
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$156,025	$1,905	$2,661	$2,094
Capital Expenditures Incurred but Not yet Paid	$6,871	$11,447	$6,607	$9,606
Escrow Deposit Disbursements Related to Property Acquisition	$20,674	$0	$0	$0
Increase (Decrease) in Accounts Receivable	$3,454	$8,725	$3,956	$13,694
Increase (Decrease) in Prepaid Expense and Other Assets	$-2,141	$-4,062	$1,682	$320
Increase (Decrease) in Accounts Payable	$5,385	$-4,639	$13,070	$14,757
Increase (Decrease) in Accrued Liabilities	$-10,592	$18,108	$-10,737	$3,960
IncreaseDecreaseInOperatingLeaseLiability	$-9,979	$-5,594	$-1,945	$-3,795

BANDWIDTH INC.

Consolidated Statementsof Operations

Consolidated Balance Sheets

Consolidated Statementsof Cash Flows

BANDWIDTH INC.

Consolidated Statementsof Operations

Consolidated Balance Sheets

Consolidated Statementsof Cash Flows