Bandwidth repurchases $100M of 0.50% convertible notes due 2028; retires 2026 notes

Bandwidth Inc.

Repurchased $100M aggregate principal of 0.50% Convertible Senior Notes due 2028 at a discount to par, paid in cash.
0.25% Convertible Senior Notes due 2026 fully retired at maturity on March 1, 2026 with cash on hand.
After repurchase closes on March 4, 2026, $150M of the 2028 Notes will remain outstanding, down from $250M issued.
Existing capped call transactions on the 2028 Notes remain in effect.
CFO cited record Q4 2025 profitability, free cash flow, and 2026 outlook of 16% revenue growth and ~30% Adj. EBITDA growth.

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