10-Q quarterly report · filed Apr 30, 2026

Bandwidth Inc. (BAND) Q1 2026 10-Q Quarterly Report

Short answer

Bandwidth Inc. (BAND) filed its Q1 2026 10-Q quarterly report on Apr 30, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $209M (up 19.8% year over year) with net income of $4M.

Q1 2026 key financials · XBRL

Revenue
$209M
+19.8% YoY
Net income
$4M
+210.1% YoY
Operating margin
-2.2%
Gross margin
37.3%
EPS (diluted)
−$0.08
+38.5% YoY

Source: XBRL data from the Bandwidth Inc. (BAND) Q1 2026 10-Q on SEC EDGAR. USD.

Bandwidth Inc. Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $208.8M, up 20% YoY from $174.2M
  • Messaging surcharges $58.6M, up 44% YoY, strongest revenue performer
  • Gross margin 37% vs 41% YoY; operating loss margin (2)% vs (3)%
  • Operating cash flow $8.8M vs $(3.1)M YoY; cash and equivalents $47M plus marketable securities $3M
  • $100M convertible-note repurchase for $92M; $80M share-buyback authorization with $5M repurchased during quarter

Risk Factors

  • Government shutdown risk newly highlighted by October 2025 shutdown, delaying FCC reviews, filings, disputes, and rulemaking participation
  • Uninsured operating cash exposure, with nearly all cash held in non-FDIC-insured financial institution accounts
  • Regulatory risk from FCC oversight, licensing delays, IP-network transition proceedings, and expanded enforcement obligations
  • Competitive pressure from larger providers offering bundled services and lower pricing, potentially eroding margins
  • Liquidity risk from uncertain capital markets limiting debt or equity financing and refinancing flexibility

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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