Bandwidth (BAND) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Bandwidth

NasdaqGS•Technology•Software - Infrastructure

$48.93-1.15(-0.02%)Pre-market

Market Cap

$1.61B

P/E

712.8x

P/S

1.9x

P/B

4.3x

Bandwidth Inc. operates as a cloud-based software-powered communications platform-as-a-service provider in the United States and internationally. The company's platform enables enterprises to create, scale, and operate voice or messaging communications services across various mobile applications or connected devices. Its platform also provides voice services through SIP or programmable voice application programming interfaces (API); software APIs for messaging; communications solutions with integrated local emergency services; number management solutions; insights on customer's voice and messaging performance to make data-driven decisions; and carrier integrations services, which includes unified communications as a service, contact center as a service, conversational AI, and speech-to-text/text-to-speech platforms. In addition, the company offers Call Assure that provides hands-free alternative routing; application to person messaging solutions that supports SMS and MMS on local numbers, toll free numbers, and short codes; Bandwidth Maestro, an enterprise cloud communications platform; and Conversational AI Integrations. It serves technology companies, enterprise customers, and software-as-a-service platforms. The company was formerly known as Bandwidth.com, Inc. and changed its name to Bandwidth Inc. in September 2017. Bandwidth Inc. was founded in 1999 and is headquartered in Raleigh, North Carolina.

How this company scores

AverageMetricSide Score: 55/100

Strongest: Growth (18/25); weakest: Profitability (11/25).

Profitability11/25

Growth18/25

Balance Sheet & Red Flags12/25

Cash & Earnings Quality14/25

Strengths

Rising earningsProfit converts from growthConsistent growthImproving margins

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 712.8x5y range 10.3x – 712.8x

Currently above its 5-quarter median.

P/S · 1.9x5y range 0.5x – 4.6x

Currently above its 20-quarter median.

P/B · 4.3x5y range 1.0x – 5.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

The company posted negative operating margins in recent quarters — core operations are unprofitable.

Earnings Quality

Red Flag

FCF consistently trails net income (avg 0.8x) — earnings may be inflated by non-cash items or aggressive accounting.

Price & Volume

Market Cap $1.61B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $828.24M
Q. Revenue: $219.90M
TTM EBITDA: $47.95M
TTM Op. Income: $-15.11M
Q. Op. Income: $-4.55M
TTM Net Income: $2.26M
Q. Net Income: $2.39M
EPS: $0.07
Shares Out.: $32.13M

$828.24M in TTM revenue grew 9.3% YoY, reaching $219.90M last quarter. TTM EBITDA of $47.95M and TTM operating income of $-15.11M show growth is flowing through to the bottom line. TTM net income of $2.26M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 35.7%
EBITDA Margin: 6.0%
Op. Margin: -2.1%
Net Margin: 1.1%

Op. margin of -2.1% is up 0.0% YoY — cost efficiency is improving. Net margin at 1.1% and gross margin of 35.7% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 1% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 712.8x
P/S Ratio: 1.9x
P/B Ratio: 4.3x

At 712.8x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.9x and P/B of 4.3x provide additional context. Use the growth and margin sections to judge whether the multiple is justified.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.10B
Cash: $169.90M
Long-Term Debt: $330.77M
Book Value: $378.17M
D/E Ratio: 0.9
Debt/EBITDA: 25.1

With $1.10B in assets and $330.77M in long-term debt, D/E is 0.9and book value is $378.17M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is up 36% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $28.77M
TTM Free Cash Flow: $77.35M
FCF Margin: 9.3%
FCF / Net Income: 34.2

TTM FCF of $77.35M on $28.77M in operating cash flow. The FCF / Net Income ratio of 34.2x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 14% — a weakening trend.