Highest-materiality recent filing
Bandwidth issues $316.25M 0% convertible notes due 2032; repurchases $122.5M of 2028 notes
Issued $316.25M aggregate principal of 0% Convertible Senior Notes due 2032; initial conversion price ~$72.64 per share.
Bandwidth Inc. proposes $275M convertible senior notes due 2032
Offering $275M aggregate principal of convertible senior notes due 2032; over-allotment option up to $41.25M.
Bandwidth Q1 record revenue $209M (+20% YoY); raises full-year 2026 outlook
Q1 revenue $209M (record), up 20% YoY; GAAP net income $4M vs $(4M) loss YoY.
Bandwidth repurchases $100M of 0.50% convertible notes due 2028; retires 2026 notes
Repurchased $100M aggregate principal of 0.50% Convertible Senior Notes due 2028 at a discount to par, paid in cash.
Bandwidth Q4 Adj EBITDA $25M (record), guides 16% revenue growth in 2026, authorizes $80M buyback
Q4 2025 revenue $208M (vs $210M YoY); GAAP net loss $(3M); non-GAAP net income $11M; Adj EBITDA $25M (record).
Bandwidth Q3 revenue $192M, adjusted EBITDA $24M, both above guidance; net loss $1M
Revenue $192M, down ~1% YoY; gross margin 38% flat; net loss $1M vs breakeven last year.
Bandwidth Q2 revenue $180M, up ~3.4% YoY; adj. EBITDA $22M; AI voice adoption grows
Revenue of $180M for Q2 2025, up from $174M in Q2 2024, accelerating growth.
Bandwidth Q1 revenue $174M beats guidance; raises FY2025 outlook
Revenue $174M in Q1 2025, up 2% YoY and above guidance; GAAP gross margin 41% vs 38%.
Q4 revenue $210M (+27% YoY), FY revenue $748M (+24% YoY), both records.
Q3 revenue $194M, up 28% YoY; non-GAAP gross margin 58% vs 55% a year ago.
Bandwidth Q2 2024 revenue $174M (+19% YoY), adj. EBITDA $19M, FCF turns positive
Revenue $174M, up 19% YoY; GAAP gross margin 37%, non-GAAP 56%.
Bandwidth Q1 revenue $171M, beats guidance; raises FY2024 outlook; repurchases $140M notes
Q1 revenue $171M, up 24% YoY; adjusted EBITDA $16M, up from $5M YoY; non-GAAP gross margin 57% vs 54%.
Q4 2023 revenue $165M, up 5% YoY; full-year revenue $601M, up 5% YoY.
Bandwidth beats Q3 guidance; revenue $152M, record free cash flow $18M
Revenue $152M vs $148M YoY, exceeding guidance; non-GAAP gross margin 55%.
Bandwidth Q2 revenue $146M, adjusted EBITDA $11M beat guidance; secured $50M credit facility
Q2 revenue $146M (vs $136M YoY); adjusted EBITDA $11M (vs $5M YoY), both above guidance ranges.
Bandwidth Q1 revenue $138M beats guidance; messaging revenue up 8% YoY
Revenue of $138M, up 5% YoY, exceeding company guidance.
Bandwidth repurchases $65M of 0.25% convertible notes at 22% discount; $175M remain
Repurchasing $65M aggregate principal of 0.250% Convertible Senior Notes due 2026 at ~22% discount to par.
Bandwidth Q4 revenue $157M beats guidance; net income $33M; 2023 Adj. EBITDA +30%
Q4 revenue $157M, up 25% YoY; full year revenue $573M, up 17% YoY; both exceeded mid-point of guidance by $10M.
Q3 revenue $148M, above guidance; non-GAAP EPS $0.27 vs $0.25 YoY; raised FY2022 outlook.
Bandwidth Q2 revenue $136M beats expectations; net loss narrows to $6M
Total revenue $136M for Q2 2022, up 12.4% from $121M in Q2 2021.
Bandwidth Q1 revenue $131M (+16% YoY); GAAP net loss widens to $0.27/shr
Revenue $131M, up 16% YoY; dollar-based net retention rate 114%.
Bandwidth Q4 total revenue $126M (+11% YoY); full year revenue $491M (+43% YoY)
Full year total revenue $491M, up 43% YoY; CPaaS revenue $414M, up 39% YoY.
Bandwidth reports Q3 revenue of $130.6M, up 54% YoY; GAAP net loss $6.9M
Total revenue $130.6M (+54% YoY); CPaaS revenue $107.4M (+46% YoY).
On January 1, 2025, Bandwidth Inc. (the “Company”) appointed Devesh Agarwal, its Interim Chief Operating Officer and Chief Software Strategy Officer, as its Chief Operating Officer.
On July 1, 2024, Bandwidth Inc., a Delaware corporation (the “Company”), entered into a letter agreement (the “Bartolo Letter Agreement”) with Anthony F. Bartolo, the Company’s outgoing Chief Operating Officer, in connection with his resignation.
On July 1, 2024, the Company appointed Devesh Agarwal, its Chief Software Strategy Officer, to serve in an additional capacity as its Interim Chief Operating Officer.
On May 6, 2024, Anthony F. Bartolo informed the Company that he has decided to resign his position as Chief Operating Officer of Bandwidth, following a transition period.
On February 21, 2023, the board of directors of Bandwidth appointed Devin M. Krupka, Bandwidth’s Controller, as Bandwidth’s principal accounting officer.
On November 17, 2022, Bandwidth Inc., a Delaware corporation (the “Company”), entered into a letter agreement (the “Carreker Letter Agreement”) with Marina C. Carreker, the Company’s outgoing President, in connection with her resignation.
On October 31, 2022, Marina C. Carreker informed Bandwidth that she has decided to resign her position as President of Bandwidth, effective December 31, 2022.
On February 22, 2022, Bandwidth Inc., a Delaware corporation (“Bandwidth” or the “Company”), entered into an Employment Agreement (the “Employment Agreement”) with Anthony F. Bartolo, who will serve as the Company’s Chief Operating Officer.
Ms. Allen previously submitted her resignation and will depart the Company effective January 14, 2022.
appointed Rebecca Bottorff to fill the vacancy resulting from such increase, effective as of January 11, 2022.
On November 30, 2021, Noreen Allen informed Bandwidth Inc., a Delaware corporation (“Bandwidth,” “we,”, “our,” or “us”), that she has decided to step down as Chief Marketing Officer of Bandwidth.
Max materiality 0.80 · Median 0.62 · Most common event earnings