---
schema_version: "secwatch.filing_event.v1"
accession: "0001514416-25-000022"
form_type: "8-K"
ticker: "BAND"
cik: "0001514416"
company_name: "Bandwidth Inc."
filed_at: "2025-02-20T23:59:59+00:00"
generated_at: "2026-05-26T08:39:23.986856+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bandwidth reports record Q4 revenue of $210M, adjusted EBITDA $23M; repurchases $27.4M of convertible notes

## Summary
- Q4 revenue $210M (+27% YoY), FY revenue $748M (+24% YoY), both records.
- Non-GAAP gross margin improved to 58% in Q4 (FY 57%) from 55% a year earlier.
- Adjusted EBITDA Q4 $23M, FY $82M (up 71% YoY); net loss narrowed to $2M from $11M.
- FY free cash flow record $59M (up from $19M); operating cash flow $84M.
- Repurchased $27.4M principal of 0.250% Convertible Notes due 2026 for $26.1M cash; $7.6M remains outstanding.

## SEC filing metadata
- accession: 0001514416-25-000022
- form_type: 8-K
- ticker: BAND
- cik: 0001514416
- company_name: Bandwidth Inc.
- filed_at: 2025-02-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1514416/000151441625000022/0001514416-25-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514416/000151441625000022/band-20250220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001514416-25-000022
- JSON: https://secwatch.observer/filing/0001514416-25-000022.json
- Plain text: https://secwatch.observer/filing/0001514416-25-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.