BAND - Bandwidth Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$60.00
DETAILS
HIGH:
$60.00
LOW:
$60.00
MEDIAN:
$60.00
CONSENSUS:
$60.00
DOWNSIDE:
2.26%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||
| Revenue | 753.8 | 748.5 | 601.1 | 573.2 | 490.9 | 343.1 | 232.6 | 204.1 | 163.0 | 152.1 | 137.8 |
| Cost of Revenue | 483.7 | 468.5 | 365.0 | 334.8 | 272.4 | 185.3 | 125.0 | 108.1 | 89.3 | 85.2 | 79.2 |
| Gross Profit | 270.1 | 280.0 | 236.2 | 238.4 | 218.5 | 157.9 | 107.6 | 96.0 | 73.7 | 66.9 | 58.6 |
| Operating Expenses | |||||||||||
| R&D Expenses | 125.3 | 118.6 | 104.2 | 98.0 | 55.2 | 42.1 | 31.5 | 20.9 | 10.8 | 8.5 | 7.4 |
| SG&A Expenses | 176.9 | 181.4 | 167.4 | 164.7 | 165.6 | 129.3 | 93.9 | 68.3 | 48.3 | 43.2 | 43.2 |
| Other Expenses | (17.7) | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | 0 | 0 | 0 |
| Operating Expenses | 284.5 | 300.0 | 271.6 | 262.7 | 220.8 | 171.4 | 125.3 | 89.2 | 59.1 | 51.7 | 50.6 |
| Operating Income | |||||||||||
| Operating Income | (14.4) | (20.1) | (35.5) | (24.3) | (2.2) | (13.5) | (17.7) | 6.8 | 14.6 | 15.2 | 8.0 |
| Interest Expense | 2.0 | 1.9 | 0.8 | 3.0 | 28.8 | 16.4 | 0 | 0.3 | 1.7 | 0.9 | 0.6 |
| Interest Income | 0.3 | 0 | 0 | 0 | 0 | 2.7 | 0 | 0 | 0 | 0 | 0 |
| Profitability | |||||||||||
| EBITDA | 42.6 | 42.1 | 32.5 | 62.9 | 39.8 | 8.1 | (3.9) | 12.6 | 20.3 | 21.4 | 15.0 |
| EBIT | (14.6) | (7.1) | (18.5) | 20.4 | (2.5) | (13.5) | (17.7) | 6.8 | 14.6 | 15.2 | 8.0 |
| Income Before Tax | (16.6) | (9.0) | (19.3) | 17.3 | (31.2) | (29.0) | (15.2) | 7.1 | 12.9 | 14.3 | 7.4 |
| Income Tax Expense | (3.7) | (2.4) | (3.0) | (2.3) | (3.8) | 15.0 | (17.7) | (10.9) | 6.9 | (11.1) | 0.4 |
| Net Income | (12.9) | (6.5) | (16.3) | 19.6 | (27.4) | (44.0) | 2.5 | 17.9 | 6.0 | 22.4 | (6.7) |
| Per Share Data | |||||||||||
| EPS (Basic) | -0.43 | -0.24 | -0.64 | 0.77 | -1.09 | -1.83 | 0.11 | 0.85 | 0.42 | 1.43 | -0.49 |
| EPS (Diluted) | -0.43 | -0.24 | -0.64 | -0.48 | -1.09 | -1.83 | 0.10 | 0.85 | 0.37 | 1.33 | -0.46 |
| Shares Outstanding | 30.0 | 27.2 | 25.6 | 25.3 | 25.1 | 24.1 | 22.6 | 21.1 | 12.6 | 13.6 | 13.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 103.2 | 81.8 | 132.0 | 113.6 | 331.5 | 72.2 | 185.0 | 41.3 | 37.6 | 6.8 |
| Short-Term Investments | 8.5 | 2.0 | 21.5 | 71.2 | 0 | 40 | 0 | 17.4 | 0 | 0 |
| Net Receivables | 91.4 | 86.5 | 78.2 | 74.5 | 61.6 | 55.2 | 30.2 | 24.0 | 21.2 | 16.8 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 11.2 | 17.6 | 21.1 | 20.3 | 4.0 | 11.7 | 9.2 | 2.9 | 2.6 | 2.1 |
| Total Current Assets | 214.2 | 187.8 | 252.8 | 279.6 | 412.9 | 193.6 | 224.4 | 91.4 | 65.3 | 28.0 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 327.2 | 330.4 | 335.4 | 109.7 | 83.7 | 71.1 | 62.7 | 25.1 | 14.9 | 11.2 |
| Goodwill | 356.8 | 317.2 | 335.9 | 326.4 | 344.4 | 372.2 | 6.9 | 6.9 | 6.9 | 6.9 |
| Intangible Assets | 138.7 | 145.4 | 166.9 | 177.4 | 211.2 | 248.1 | 6.6 | 7.1 | 7.6 | 8.5 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.8 | 2.1 | 1.7 |
| Other Non-Current Assets | 15.7 | 8.3 | 10.1 | 36.2 | 13.3 | 5.6 | 6.1 | 0.7 | 1.2 | 1.0 |
| Total Non-Current Assets | 905.9 | 801.4 | 848.3 | 649.7 | 652.7 | 697.0 | 129.1 | 59.0 | 39.2 | 41.9 |
| Total Assets | 1,120.1 | 989.2 | 1,101.0 | 929.3 | 1,065.5 | 890.6 | 353.5 | 150.4 | 104.5 | 70.0 |
| Current Liabilities | ||||||||||
| Account Payables | 42.6 | 28.4 | 34.2 | 26.8 | 9.1 | 11.7 | 4.2 | 3.4 | 3.0 | 4.7 |
| Short-Term Debt | 11.6 | 0 | 0 | 0 | 0 | 0 | 4.9 | 0 | 0.1 | 7.1 |
| Deferred Revenue | 8.7 | 10.7 | 14.1 | 17.2 | 12.6 | 11.9 | 9.3 | 7.9 | 5.8 | 4.0 |
| Other Current Liabilities | 70.7 | 26.0 | 49.9 | 21.6 | 46.7 | 43.3 | 19.0 | 14.1 | 7.4 | 7.5 |
| Total Current Liabilities | 154.1 | 140.3 | 122.8 | 114.0 | 93.5 | 92.2 | 45.7 | 32.7 | 24.5 | 30.5 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 468.6 | 281.3 | 418.5 | 480.5 | 486.4 | 282.2 | 0 | 0 | 0 | 37.7 |
| Deferred Tax Liabilities | 92.0 | 27.3 | 33.0 | 38.5 | 48.4 | 61.0 | 12.1 | 0 | 0 | 0 |
| Other Non-Current Liabilities | (220.5) | 0.6 | 0.4 | 11.2 | 6.0 | 1.7 | 0 | 2.5 | 0.7 | 0.6 |
| Total Non-Current Liabilities | 566.1 | 536.3 | 680.9 | 543.1 | 559.4 | 368.5 | 37.7 | 8.9 | 3.3 | 40.1 |
| Total Liabilities | 720.2 | 676.6 | 803.7 | 657.1 | 652.9 | 460.7 | 83.4 | 41.6 | 27.8 | 70.5 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (84.3) | (71.4) | (64.9) | (48.5) | (76.9) | (49.5) | (5.5) | (7.8) | (25.8) | (31.7) |
| Accumulated Other Comprehensive Income | (1.6) | (52.0) | (28.8) | (44.2) | (13.0) | 27.9 | 0.0 | (0.0) | (29.4) | (24.9) |
| Total Stockholders' Equity | 400.0 | 312.5 | 297.4 | 272.2 | 412.6 | 429.9 | 270.1 | 108.8 | 76.7 | (0.6) |
| Total Liabilities & Equity | 1,120.1 | 989.2 | 1,101.0 | 929.3 | 1,065.5 | 890.6 | 353.5 | 150.4 | 104.5 | 70.0 |
| Debt Metrics | ||||||||||
| Total Debt | 701.2 | 503.6 | 644.5 | 492.6 | 503.2 | 304.9 | 24.7 | 0 | 0.1 | 44.8 |
| Net Debt | 598.0 | 421.8 | 512.5 | 379.0 | 171.8 | 232.8 | (160.3) | (41.3) | (37.5) | 38.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | (12.9) | (6.5) | (16.3) | 19.6 | (27.4) | (44.0) | 2.5 | 17.9 | 6.0 | 25.4 |
| Depreciation & Amortization | 57.1 | 49.2 | 41.7 | 35.6 | 42.4 | 21.6 | 13.8 | 5.8 | 5.7 | 6.1 |
| Stock-Based Compensation | 52.3 | 48.4 | 37.0 | 20.7 | 0 | 9.9 | 6.6 | 3.3 | 1.8 | 1.4 |
| Change in Working Capital | (5.2) | 3.2 | (16.5) | (5.2) | (8.0) | (13.2) | (6.6) | 8.3 | (5.5) | (5.7) |
| Other Non-Cash Items | 0.3 | (6.0) | (0.9) | (30.1) | 42.1 | 16.0 | (0.1) | 0.1 | 0.5 | (11.0) |
| Operating Cash Flow | 89.5 | 83.9 | 39.0 | 34.9 | 40.8 | 4.5 | (1.3) | 24.6 | 14.6 | 5.2 |
| Investing Activities | ||||||||||
| Capital Expenditure | (22.3) | (14.0) | (19.9) | (64.1) | (54.6) | (14.6) | (25.8) | (14.4) | (8.0) | (6.1) |
| Acquisitions | 0 | 0 | 1.3 | 1.6 | 17.5 | (400.5) | 3.5 | 2.0 | 0 | 0 |
| Purchases of Investments | (16.1) | (34.0) | (80.6) | (179.6) | 0 | (230.8) | (68.4) | (35.2) | 0 | 0 |
| Sales/Maturities of Investments | 9.7 | 53.5 | 130.1 | 108.7 | 0 | 190.8 | 86.5 | 18 | 0 | 0 |
| Other Investing Activities | (10.3) | (6.9) | (10.6) | (3.8) | 40 | (2.3) | (3.5) | (2.0) | (2.9) | (1.3) |
| Investing Cash Flow | (39.1) | (1.4) | 30.8 | (133.4) | 2.8 | (455.1) | (7.7) | (31.7) | (8.0) | (7.4) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (0.1) | (0.1) | (51.4) | (117.5) | 242.2 | 400.0 | 0 | (0.1) | (45.1) | 39.9 |
| Stock Repurchased | 0 | 0 | 0 | 0 | (25.5) | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (30) |
| Other Financing Activities | (29.1) | (131.4) | (1.4) | (2.5) | (10.6) | (53.1) | 5.0 | (0.3) | (0.0) | (11.9) |
| Financing Cash Flow | (29.1) | (131.3) | (52.8) | (120.0) | 207.0 | 346.9 | 152.4 | 10.7 | 24.2 | (1.1) |
| Cash Position | ||||||||||
| Net Change in Cash | 20.9 | (50.1) | 17.7 | (217.7) | 250.9 | (103.6) | 143.5 | 3.6 | 30.8 | (3.3) |
| Cash at Beginning | 82.2 | 132.3 | 114.6 | 332.3 | 81.4 | 185.0 | 41.5 | 37.9 | 6.8 | 10.1 |
| Cash at End | 103.2 | 82.2 | 132.3 | 114.6 | 332.3 | 81.4 | 185.0 | 41.5 | 37.6 | 6.8 |
| Free Cash Flow | 67.2 | 69.9 | 19.1 | (29.2) | (13.8) | (10.1) | (27.0) | 10.2 | 6.7 | (0.9) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 753.8 | 748.5 | 601.1 | 573.2 | 490.9 | 343.1 | 232.6 | 204.1 | 163.0 | 152.1 | 137.8 |
| Gross Profit | 270.1 | 280.0 | 236.2 | 238.4 | 218.5 | 157.9 | 107.6 | 96.0 | 73.7 | 66.9 | 58.6 |
| Operating Income | (14.4) | (20.1) | (35.5) | (24.3) | (2.2) | (13.5) | (17.7) | 6.8 | 14.6 | 15.2 | 8.0 |
| Net Income | (12.9) | (6.5) | (16.3) | 19.6 | (27.4) | (44.0) | 2.5 | 17.9 | 6.0 | 22.4 | (6.7) |
| EPS (Diluted) | -0.43 | -0.24 | -0.64 | -0.48 | -1.09 | -1.83 | 0.10 | 0.85 | 0.37 | 1.33 | -0.46 |
| Balance Sheet | |||||||||||
| Cash & Equivalents | 103.2 | 81.8 | 132.0 | 113.6 | 331.5 | 72.2 | 185.0 | 41.3 | 37.6 | 6.8 | |
| Total Assets | 1,120.1 | 989.2 | 1,101.0 | 929.3 | 1,065.5 | 890.6 | 353.5 | 150.4 | 104.5 | 70.0 | |
| Total Debt | 701.2 | 503.6 | 644.5 | 492.6 | 503.2 | 304.9 | 24.7 | 0 | 0.1 | 44.8 | |
| Stockholders' Equity | 400.0 | 312.5 | 297.4 | 272.2 | 412.6 | 429.9 | 270.1 | 108.8 | 76.7 | (0.6) | |
| Cash Flow | |||||||||||
| Operating Cash Flow | 89.5 | 83.9 | 39.0 | 34.9 | 40.8 | 4.5 | (1.3) | 24.6 | 14.6 | 5.2 | |
| Capital Expenditure | (22.3) | (14.0) | (19.9) | (64.1) | (54.6) | (14.6) | (25.8) | (14.4) | (8.0) | (6.1) | |
| Free Cash Flow | 67.2 | 69.9 | 19.1 | (29.2) | (13.8) | (10.1) | (27.0) | 10.2 | 6.7 | (0.9) | |