Short answer
Bandwidth Inc. (BAND) filed its Q3 2025 10-Q quarterly report on Oct 30, 2025 for the quarter ended Sep 30, 2025. Quarterly revenue was $192M (down 1.0% year over year) with net income of −$1M.
Q3 2025 key financials · XBRL
- Revenue
- $192M
- −1.0% YoY · +6.6% QoQ
- Net income
- −$1M
- −400.5% YoY · +74.8% QoQ
- Operating margin
- -1.0%
- Gross margin
- 38.5%
- EPS (diluted)
- −$0.04
- −500.0% YoY · +75.0% QoQ
Source: XBRL data from the Bandwidth Inc. (BAND) Q3 2025 10-Q on SEC EDGAR. USD.
Bandwidth Inc. Q3 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q3 revenue $191.9M, down 1% YoY from $193.9M
- Gross margin 38% vs 38% YoY; operating loss margin (1)% vs 0%
- Best performer Enterprise Voice, up 22%; worst Programmable Messaging, down 20%
- Cash and equivalents $73M plus marketable securities $7M at September 30
- Political messaging weakness after November 2024 election; net retention 105% vs 117% YoY
Risk Factors
- New government-shutdown risk triggered by October 2025 U.S. shutdown, delaying FCC reviews, filings, rulemaking, and dispute resolution
- Regulatory risk from delayed FCC transition-to-all-IP proceedings affecting competitive positioning, growth strategy, and long-term objectives
- Competitive pricing pressure from larger providers offering bundled services at lower prices, threatening revenue and margins
- Customer concentration risk from significant revenue dependence on a limited number of enterprise customers
- Liquidity risk from nearly all operating cash held in uninsured bank deposits, exposing funds to delayed or unavailable access
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other Bandwidth Inc. quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.