Bandwidth Inc
NASDAQ:BAND
Income Statement
Earnings Waterfall
Bandwidth Inc
Income Statement
Bandwidth Inc
| Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||
| Interest Expense |
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
| Revenue |
157
N/A
|
159
+2%
|
163
+2%
|
176
+8%
|
185
+5%
|
194
+5%
|
204
+5%
|
204
+0%
|
213
+4%
|
223
+5%
|
233
+4%
|
248
+7%
|
268
+8%
|
292
+9%
|
343
+17%
|
388
+13%
|
432
+11%
|
478
+11%
|
491
+3%
|
509
+4%
|
525
+3%
|
542
+3%
|
573
+6%
|
580
+1%
|
589
+2%
|
593
+1%
|
601
+1%
|
634
+6%
|
662
+4%
|
704
+6%
|
748
+6%
|
752
+0%
|
758
+1%
|
756
0%
|
754
0%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(86)
|
(88)
|
(89)
|
(93)
|
(97)
|
(102)
|
(108)
|
(112)
|
(115)
|
(121)
|
(125)
|
(133)
|
(145)
|
(157)
|
(189)
|
(215)
|
(240)
|
(268)
|
(277)
|
(291)
|
(305)
|
(316)
|
(335)
|
(341)
|
(347)
|
(355)
|
(365)
|
(388)
|
(410)
|
(438)
|
(469)
|
(466)
|
(465)
|
(463)
|
(459)
|
|
| Gross Profit |
70
N/A
|
72
+2%
|
74
+3%
|
83
+13%
|
88
+5%
|
92
+5%
|
96
+5%
|
93
-3%
|
98
+5%
|
102
+4%
|
108
+5%
|
115
+7%
|
123
+7%
|
135
+10%
|
154
+14%
|
173
+12%
|
192
+11%
|
210
+9%
|
214
+2%
|
218
+2%
|
220
+1%
|
226
+3%
|
238
+5%
|
239
+0%
|
242
+2%
|
238
-2%
|
236
-1%
|
246
+4%
|
252
+2%
|
265
+5%
|
280
+5%
|
286
+2%
|
293
+2%
|
293
+0%
|
295
+1%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(54)
|
(57)
|
(59)
|
(65)
|
(73)
|
(80)
|
(89)
|
(101)
|
(111)
|
(120)
|
(125)
|
(130)
|
(135)
|
(140)
|
(167)
|
(184)
|
(201)
|
(220)
|
(216)
|
(227)
|
(239)
|
(248)
|
(263)
|
(268)
|
(270)
|
(271)
|
(272)
|
(280)
|
(285)
|
(293)
|
(300)
|
(300)
|
(305)
|
(307)
|
(309)
|
|
| Selling, General & Administrative |
(44)
|
(46)
|
(48)
|
(53)
|
(58)
|
(62)
|
(68)
|
(75)
|
(81)
|
(88)
|
(92)
|
(95)
|
(97)
|
(100)
|
(109)
|
(118)
|
(126)
|
(135)
|
(133)
|
(139)
|
(143)
|
(144)
|
(153)
|
(155)
|
(156)
|
(157)
|
(154)
|
(158)
|
(158)
|
(160)
|
(165)
|
(163)
|
(164)
|
(162)
|
(159)
|
|
| Research & Development |
(10)
|
(10)
|
(11)
|
(12)
|
(14)
|
(17)
|
(21)
|
(25)
|
(28)
|
(30)
|
(31)
|
(33)
|
(35)
|
(37)
|
(53)
|
(60)
|
(66)
|
(73)
|
(67)
|
(73)
|
(81)
|
(89)
|
(96)
|
(99)
|
(99)
|
(99)
|
(100)
|
(102)
|
(105)
|
(110)
|
(112)
|
(114)
|
(117)
|
(120)
|
(125)
|
|
| Depreciation & Amortization |
0
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(5)
|
(8)
|
(11)
|
(14)
|
(16)
|
(16)
|
(15)
|
(15)
|
(14)
|
(14)
|
(14)
|
(15)
|
(18)
|
(20)
|
(22)
|
(23)
|
(23)
|
(23)
|
(24)
|
(24)
|
(25)
|
|
| Operating Income |
17
N/A
|
15
-8%
|
15
-3%
|
18
+24%
|
15
-16%
|
12
-20%
|
7
-43%
|
(8)
N/A
|
(13)
-64%
|
(18)
-37%
|
(17)
+1%
|
(15)
+15%
|
(11)
+24%
|
(5)
+58%
|
(14)
-181%
|
(11)
+21%
|
(9)
+11%
|
(10)
-11%
|
(2)
+79%
|
(9)
-318%
|
(19)
-109%
|
(22)
-12%
|
(24)
-13%
|
(29)
-21%
|
(28)
+5%
|
(32)
-17%
|
(35)
-9%
|
(34)
+4%
|
(33)
+4%
|
(27)
+16%
|
(20)
+27%
|
(14)
+29%
|
(12)
+16%
|
(13)
-9%
|
(14)
-10%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
0
|
0
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
(14)
|
0
|
0
|
0
|
(29)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(2)
|
(2)
|
(3)
|
(3)
|
(2)
|
|
| Non-Reccuring Items |
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
40
|
53
|
57
|
57
|
16
|
4
|
10
|
10
|
10
|
11
|
1
|
1
|
1
|
|
| Total Other Income |
(2)
|
(2)
|
0
|
1
|
2
|
2
|
0
|
1
|
1
|
2
|
0
|
1
|
(3)
|
(8)
|
(2)
|
(20)
|
(24)
|
(27)
|
0
|
(23)
|
(13)
|
(6)
|
5
|
1
|
(2)
|
(1)
|
1
|
2
|
1
|
1
|
3
|
2
|
2
|
0
|
(1)
|
|
| Pre-Tax Income |
15
N/A
|
13
-12%
|
13
+1%
|
17
+31%
|
15
-12%
|
13
-15%
|
7
-44%
|
(7)
N/A
|
(12)
-58%
|
(16)
-34%
|
(15)
+3%
|
(13)
+12%
|
(14)
-7%
|
(13)
+10%
|
(29)
-125%
|
(31)
-6%
|
(33)
-8%
|
(38)
-13%
|
(31)
+17%
|
(32)
-3%
|
(32)
N/A
|
(27)
+15%
|
17
N/A
|
24
+41%
|
27
+12%
|
24
-13%
|
(19)
N/A
|
(29)
-51%
|
(22)
+25%
|
(17)
+23%
|
(9)
+46%
|
(3)
+63%
|
(12)
-256%
|
(15)
-27%
|
(17)
-10%
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||
| Tax Provision |
8
|
8
|
(5)
|
(6)
|
5
|
8
|
11
|
21
|
18
|
19
|
18
|
13
|
(10)
|
(13)
|
(15)
|
(17)
|
(1)
|
(2)
|
4
|
3
|
4
|
5
|
2
|
6
|
5
|
4
|
3
|
(0)
|
0
|
1
|
2
|
2
|
2
|
3
|
4
|
|
| Income from Continuing Operations |
23
|
20
|
8
|
11
|
20
|
21
|
18
|
14
|
7
|
3
|
3
|
(1)
|
(25)
|
(26)
|
(44)
|
(48)
|
(35)
|
(39)
|
(27)
|
(29)
|
(28)
|
(22)
|
20
|
30
|
32
|
28
|
(16)
|
(29)
|
(21)
|
(16)
|
(7)
|
(1)
|
(10)
|
(12)
|
(13)
|
|
| Net Income (Common) |
20
N/A
|
18
-8%
|
5
-71%
|
9
+68%
|
18
+99%
|
19
+6%
|
18
-5%
|
14
-23%
|
7
-51%
|
3
-52%
|
3
-22%
|
(1)
N/A
|
(25)
-4 017%
|
(26)
-6%
|
(44)
-69%
|
(48)
-10%
|
(35)
+28%
|
(39)
-13%
|
(27)
+30%
|
(29)
-5%
|
(28)
+2%
|
(22)
+22%
|
20
N/A
|
30
+53%
|
32
+8%
|
28
-13%
|
(16)
N/A
|
(29)
-78%
|
(21)
+27%
|
(16)
+26%
|
(7)
+58%
|
(1)
+84%
|
(10)
-872%
|
(12)
-17%
|
(13)
-11%
|
|
| EPS (Diluted) |
0.84
N/A
|
1.37
+63%
|
0.36
-74%
|
0.43
+19%
|
0.84
+95%
|
0.89
+6%
|
0.85
-4%
|
0.64
-25%
|
0.28
-56%
|
0.12
-57%
|
0.1
-17%
|
-0.02
N/A
|
-1.02
-5 000%
|
-1.08
-6%
|
-1.83
-69%
|
-1.92
-5%
|
-1.37
+29%
|
-1.55
-13%
|
-1.09
+30%
|
-1.16
-6%
|
-1.13
+3%
|
-0.88
+22%
|
0.63
N/A
|
1.02
+62%
|
1.26
+24%
|
1.09
-13%
|
-0.64
N/A
|
-1.1
-72%
|
-0.71
+35%
|
-0.54
+24%
|
-0.24
+56%
|
-0.04
+83%
|
-0.34
-750%
|
-0.4
-18%
|
-0.43
-7%
|
|