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Bandwidth Inc. (BAND) Fundamental Analysis & AI Grade 2026

BAND Nasdaq Services-Prepackaged Software DE CIK: 0001514416
Update Pending • Analysis: May 6, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
80% Confidence
AGREEMENT
C
82% Conf
B
78% Conf

📊 BAND Key Takeaways

Revenue: $208.8M
Net Margin: 2.0%
Free Cash Flow: $2.0M
Current Ratio: 0.94x
Debt/Equity: 0.37x
EPS: $-0.08
AI Grade: C with 82% confidence
Bandwidth Inc. (BAND) receives a C fundamental grade with 80% confidence from our AI analysis based on SEC 10-K filings. With revenue of $208.8M, net profit margin of 2.0%, and return on equity (ROE) of 1.0%, 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 faces fundamental business deterioration with negative operating income (-4.6M), stalled revenue growth (+0.7% YoY), and insufficient cash generation to service debt. The current ratio below 1.0 signals acute liquidity constraints, while minimal returns (ROE 1.0%, ROA 0.4%) indicate value destruction despite technical solvency.

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.

Bandwidth Inc. Key Strengths (BAND)

Claude
  • + Decent gross margin of 37.3% suggests underlying business model viability
  • + Moderate leverage with debt-to-equity of 0.37x provides some balance sheet flexibility
  • + Positive free cash flow of 2.0M indicates operational cash generation exists
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
  • ! Negative operating income reveals core business is unprofitable before financing
  • ! Current ratio of 0.94x indicates inability to cover short-term liabilities with current assets
  • ! Negative interest coverage of -1.9x means operations cannot service debt obligations
  • ! Stalled revenue growth at 0.7% YoY combined with expense structure is unsustainable
  • ! Weak FCF margin of 1.0% provides minimal flexibility for reinvestment or debt reduction
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 - critical to watch if company can return to positive operating income
  • * Liquidity metrics (current ratio, cash balance) - must improve above 1.0x
  • * Revenue growth acceleration and cost structure adjustments
  • * Free cash flow sustainability and debt reduction progress
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
$208.8M
Net Income
$4.1M
EPS (Diluted)
$-0.08
Free Cash Flow
$2.0M
Total Assets
$984.2M
Cash Position
$47.3M

💡 AI Analyst Insight

The relatively thin 1.0% FCF margin may limit capital allocation flexibility. The current ratio below 1.0x warrants monitoring of short-term liquidity.

BAND Profit Margin, ROE & Profitability Analysis

Gross Margin 37.3%
Operating Margin -2.2%
Net Margin 2.0%
ROE 1.0%
ROA 0.4%
FCF Margin 1.0%

BAND vs Technology Sector: How Bandwidth Inc. Compares

How Bandwidth Inc. compares to Technology sector averages

Net Margin
BAND 2.0%
vs
Sector Avg 18.0%
BAND Sector
ROE
BAND 1.0%
vs
Sector Avg 22.0%
BAND Sector
Current Ratio
BAND 0.9x
vs
Sector Avg 2.5x
BAND Sector
Debt/Equity
BAND 0.4x
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
1.0%
Sector avg: 22%
Net Profit Margin
2.0%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.37x
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
0.94x
Quick Ratio
0.94x
Debt/Equity
0.37x
Debt/Assets
58.8%
Interest Coverage
-1.91x
Long-term Debt
$148.7M

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
1.0%
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
Q1 2026 $174.2M -$1.2M $-0.08
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

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
$8.8M
Cash generated from operations
Stock Buybacks
$5.0M
Shares repurchased (TTM)
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
Jun 8, 2026 4 xslF345X06/wk-form4_1780949983.xml View →
Jun 5, 2026 4 xslF345X06/wk-form4_1780690087.xml View →
Jun 3, 2026 4 xslF345X06/wk-form4_1780517444.xml View →
Jun 3, 2026 4 xslF345X06/wk-form4_1780517413.xml View →
Jun 1, 2026 4 xslF345X06/wk-form4_1780346604.xml View →

Frequently Asked Questions about BAND

What is the AI rating for BAND?

Bandwidth Inc. (BAND) has a Combined AI Grade of C from Claude (C) and ChatGPT (B) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BAND's key strengths?

Claude: Decent gross margin of 37.3% suggests underlying business model viability. Moderate leverage with debt-to-equity of 0.37x provides some balance sheet 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: Negative operating income reveals core business is unprofitable before financing. Current ratio of 0.94x indicates inability to cover short-term liabilities with current assets. 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 $208.8M.

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 $-0.08.

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 grade reflects both perspectives for balanced insights.

What is BAND's fundamental grade?

Based on our AI fundamental analysis in June 2026, Bandwidth Inc. has a C grade with 80% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is BAND stock overvalued or undervalued?

Valuation metrics for BAND: ROE of 1.0% (sector avg: 22%), net margin of 2.0% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is BAND's AI grade for 2026?

Our dual AI analysis gives Bandwidth Inc. a combined C grade 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 $8.8M, with capital expenditures of $6.8M. FCF margin is 1.0%.

How does BAND compare to other Technology stocks?

Vs Technology sector averages: Net margin 2.0% (avg: 18%), ROE 1.0% (avg: 22%), current ratio 0.94 (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: May 6, 2026 | Data as of: 2026-03-31 | Powered by Claude AI