Bandwidth Inc
NASDAQ:BAND
Bandwidth Inc
Bandwidth, Inc. provides cloud-based communications services. The company is headquartered in Raleigh, North Carolina and currently employs 1,100 full-time employees. The company went IPO on 2017-11-10. The firm operates through two operating and reportable segments, communications platform-as-a-service (CPaaS) and Other. Its software platform and Internet protocol (IP) voice network enables its enterprise customers to develop and real-time software-based communications solution. By operating its IP voice network, the Company offers advanced monitoring, reporting and analytics, customer service, operating teams, and personalized support. The company provides software application programming interface that are used to build voice calling within applications, call flows between users or machines, call recording, text-to-speech for interactive voice response, call detail records, and others. Its voice quality monitoring service provides tools and processes for network quality tests.
Bandwidth, Inc. provides cloud-based communications services. The company is headquartered in Raleigh, North Carolina and currently employs 1,100 full-time employees. The company went IPO on 2017-11-10. The firm operates through two operating and reportable segments, communications platform-as-a-service (CPaaS) and Other. Its software platform and Internet protocol (IP) voice network enables its enterprise customers to develop and real-time software-based communications solution. By operating its IP voice network, the Company offers advanced monitoring, reporting and analytics, customer service, operating teams, and personalized support. The company provides software application programming interface that are used to build voice calling within applications, call flows between users or machines, call recording, text-to-speech for interactive voice response, call detail records, and others. Its voice quality monitoring service provides tools and processes for network quality tests.
Solid Q4 & Year: Bandwidth delivered a strong fourth quarter, capping a year of steady revenue, profitability, and free cash flow growth.
Enterprise Momentum: The company closed a record number of $1 million-plus enterprise deals in 2025, with growing adoption of high-margin software and AI offerings.
AI Investments: Bandwidth's AI voice tools and Maestro orchestration software are gaining traction, with real-world deployments driving customer wins and developer engagement.
2026 Guidance: Management expects 2026 revenue to grow by about 16%, with cloud communications up 10% and nearly 30% growth in adjusted EBITDA.
Margin Expansion: Gross and EBITDA margins are improving as software services become a larger part of the business mix.
Share Buyback: An inaugural $80 million share repurchase program was authorized, reflecting confidence in Bandwidth's cash generation.
Business Durability: Customer retention rates remain exceptionally high, with the top 20 accounts averaging a 12-year tenure.
