secwatch.observer — SEC 8-K summary
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Issuer:     Bandwidth Inc. (BAND)
CIK:        0001514416
Form:       8-K
Filed at:   2025-10-30T23:59:59+00:00
Accession:  0001514416-25-000119
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bandwidth Q3 revenue $192M, adjusted EBITDA $24M, both above guidance; net loss $1M
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- Revenue $192M, down ~1% YoY; gross margin 38% flat; net loss $1M vs breakeven last year.
- Adjusted EBITDA $24M flat YoY; free cash flow $13M vs $14M prior year.
- CEO David Morken highlighted record million-dollar-plus deals, AI deployments, and new intelligent services.
- Nine-month 2025: revenue $546M (+1% YoY), adjusted EBITDA $68M (+15%), cash from ops $51M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514416/000151441625000119/0001514416-25-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514416/000151441625000119/band-20251030.htm
  HTML page:      https://secwatch.observer/filing/0001514416-25-000119

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer