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Bandwidth Inc. (BAND) Stock Fundamental Analysis & AI Rating 2026

BAND Nasdaq Services-Prepackaged Software DE CIK: 0001514416
Updated This Month • Analysis: Mar 20, 2026 • SEC Data: 2025-12-31
Combined AI Rating
HOLD
70% Confidence
STRONG AGREEMENT
HOLD
62% Conf
HOLD
78% Conf

📊 BAND Key Takeaways

Revenue: $753.8M
Net Margin: -1.7%
Free Cash Flow: $82.7M
Current Ratio: 1.42x
Debt/Equity: 0.62x
EPS: $-0.43
AI Rating: HOLD with 62% confidence
Bandwidth Inc. (BAND) receives a HOLD rating with 70% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $753.8M, net profit margin of -1.7%, and return on equity (ROE) of -3.2%, Bandwidth Inc. demonstrates mixed fundamentals in the Technology sector. Below is our complete BAND stock analysis for 2026.

Is Bandwidth Inc. (BAND) a Good Investment?

Claude

Bandwidth demonstrates solid operational cash generation and reasonable liquidity, but profitability deterioration is concerning with negative operating margins and losses expanding despite flat revenue growth. The company's ability to convert revenues into profits has weakened significantly, raising questions about operational efficiency and cost structure sustainability.

ChatGPT

Bandwidth's fundamentals show a mixed picture: revenue growth is minimal and profitability remains negative, but the business is generating solid operating cash flow and free cash flow. Balance sheet liquidity is adequate and leverage is manageable, yet weak margins and negative interest coverage suggest the company still needs clearer operating improvement before the fundamentals strengthen materially.

Why Buy Bandwidth Inc. Stock? BAND Key Strengths

Claude
  • + Strong free cash flow of $82.7M (11.0% FCF margin) despite operating losses, indicating quality cash conversion
  • + Healthy liquidity position with 1.42x current ratio and $102.8M in cash providing operational flexibility
  • + Reasonable debt leverage at 0.62x debt-to-equity with manageable balance sheet structure
ChatGPT
  • + Positive operating cash flow and $82.71M of free cash flow support financial flexibility
  • + Adequate liquidity with 1.42x current and quick ratios plus over $102M in cash
  • + Moderate leverage with debt-to-equity of 0.62x limits balance sheet strain relative to many unprofitable software peers

BAND Stock Risks: Bandwidth Inc. Investment Risks

Claude
  • ! Severe profitability deterioration with negative operating margin (-1.9%) and net loss of -$12.9M on minimal revenue growth (0.7%)
  • ! Deteriorating EPS (-$0.43) with YoY decline of -79.2% indicating significant shareholder value erosion
  • ! Negative interest coverage (-5.9x) signals inability to service debt from operating earnings, creating financial vulnerability
  • ! Stagnant revenue growth (0.7% YoY) combined with mounting losses suggests core business model stress
ChatGPT
  • ! Revenue growth of just 0.7% suggests limited operating momentum
  • ! Negative operating and net margins indicate the core business is still not consistently profitable
  • ! Negative interest coverage highlights weak earnings support for debt obligations

Key Metrics to Watch

Claude
  • * Operating margin trend and path to profitability given negative -1.9% current level
  • * Revenue growth acceleration and gross margin stability at 39.1%
  • * Quarterly cash burn rate relative to operating cash flow sustainability
ChatGPT
  • * Operating margin trend and progress toward sustained net profitability
  • * Revenue growth acceleration alongside free cash flow durability

Bandwidth Inc. (BAND) Financial Metrics & Key Ratios

Revenue
$753.8M
Net Income
$-12.9M
EPS (Diluted)
$-0.43
Free Cash Flow
$82.7M
Total Assets
$1.1B
Cash Position
$102.8M

💡 AI Analyst Insight

Bandwidth Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

BAND Profit Margin, ROE & Profitability Analysis

Gross Margin 39.1%
Operating Margin -1.9%
Net Margin -1.7%
ROE -3.2%
ROA -1.2%
FCF Margin 11.0%

BAND vs Technology Sector: How Bandwidth Inc. Compares

How Bandwidth Inc. compares to Technology sector averages

Net Margin
BAND -1.7%
vs
Sector Avg 18.0%
BAND Sector
ROE
BAND -3.2%
vs
Sector Avg 22.0%
BAND Sector
Current Ratio
BAND 1.4x
vs
Sector Avg 2.5x
BAND Sector
Debt/Equity
BAND 0.6x
vs
Sector Avg 0.5x
BAND Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Bandwidth Inc. Stock Overvalued? BAND Valuation Analysis 2026

Based on fundamental analysis, Bandwidth Inc. shows some fundamental concerns relative to the Technology sector in 2026.

Return on Equity
-3.2%
Sector avg: 22%
Net Profit Margin
-1.7%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.62x
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Bandwidth Inc. Balance Sheet: BAND Debt, Cash & Liquidity

Current Ratio
1.42x
Quick Ratio
1.42x
Debt/Equity
0.62x
Debt/Assets
62.0%
Interest Coverage
-5.94x
Long-term Debt
$247.6M

BAND Revenue & Earnings Growth: 5-Year Financial Trend

BAND 5-year financial data: Year 2021: Revenue $490.9M, Net Income $2.5M, EPS $0.10. Year 2022: Revenue $573.2M, Net Income -$44.0M, EPS $-1.83. Year 2023: Revenue $601.1M, Net Income -$27.4M, EPS $-1.09. Year 2024: Revenue $748.5M, Net Income $19.6M, EPS $-0.48. Year 2025: Revenue $753.8M, Net Income -$16.3M, EPS $-0.64.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Bandwidth Inc.'s revenue has grown significantly by 54% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.64 indicates the company is currently unprofitable.

BAND Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
11.0%
Free cash flow / Revenue

BAND Quarterly Earnings & Performance

Quarterly financial performance data for Bandwidth Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $191.9M $413.0K $0.01
Q2 2025 $173.6M $413.0K $-0.16
Q1 2025 $171.0M $413.0K $-0.13
Q3 2024 $152.0M $413.0K $0.01
Q2 2024 $145.9M -$279.0K $-0.01
Q1 2024 $137.8M $3.6M $-0.28
Q3 2023 $148.3M -$802.0K $-0.03
Q2 2023 $136.5M -$279.0K $-0.01

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Bandwidth Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$89.5M
Cash generated from operations
Capital Expenditures
$6.8M
Investment in assets
Dividends
None
No dividend program

BAND SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Bandwidth Inc. (CIK: 0001514416)

📋 Recent SEC Filings

Date Form Document Action
Apr 14, 2026 DEF 14A band-20260414.htm View →
Mar 23, 2026 4 xslF345X06/wk-form4_1774296284.xml View →
Mar 16, 2026 4 xslF345X05/wk-form4_1773691522.xml View →
Mar 12, 2026 4 xslF345X05/wk-form4_1773346255.xml View →
Mar 10, 2026 4 xslF345X05/wk-form4_1773173292.xml View →

Frequently Asked Questions about BAND

What is the AI rating for BAND?

Bandwidth Inc. (BAND) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BAND's key strengths?

Claude: Strong free cash flow of $82.7M (11.0% FCF margin) despite operating losses, indicating quality cash conversion. Healthy liquidity position with 1.42x current ratio and $102.8M in cash providing operational flexibility. ChatGPT: Positive operating cash flow and $82.71M of free cash flow support financial flexibility. Adequate liquidity with 1.42x current and quick ratios plus over $102M in cash.

What are the risks of investing in BAND?

Claude: Severe profitability deterioration with negative operating margin (-1.9%) and net loss of -$12.9M on minimal revenue growth (0.7%). Deteriorating EPS (-$0.43) with YoY decline of -79.2% indicating significant shareholder value erosion. ChatGPT: Revenue growth of just 0.7% suggests limited operating momentum. Negative operating and net margins indicate the core business is still not consistently profitable.

What is BAND's revenue and growth?

Bandwidth Inc. reported revenue of $753.8M.

Does BAND pay dividends?

Bandwidth Inc. does not currently pay dividends.

Where can I find BAND SEC filings?

Official SEC filings for Bandwidth Inc. (CIK: 0001514416) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BAND's EPS?

Bandwidth Inc. has a diluted EPS of $-0.43.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is BAND a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Bandwidth Inc. has a HOLD rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is BAND stock overvalued or undervalued?

Valuation metrics for BAND: ROE of -3.2% (sector avg: 22%), net margin of -1.7% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

Should I buy BAND stock in 2026?

Our dual AI analysis gives Bandwidth Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is BAND's free cash flow?

Bandwidth Inc.'s operating cash flow is $89.5M, with capital expenditures of $6.8M. FCF margin is 11.0%.

How does BAND compare to other Technology stocks?

Vs Technology sector averages: Net margin -1.7% (avg: 18%), ROE -3.2% (avg: 22%), current ratio 1.42 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI