BANDWIDTH INC CLASS A (BAND)
Communication · Cloud Communications Platform-as-a-Service (CPaaS) · NASDAQ
Bandwidth is the only CPaaS provider with its own global communications network, powering AI voice and messaging APIs for the world's largest enterprise communication platforms and directly serving Global 2000 enterprises.
What BANDWIDTH INC CLASS A does
Bandwidth is a global cloud communications platform-as-a-service (CPaaS) provider that powers voice, messaging, emergency services, and AI capabilities through APIs built on its own owned-and-operated network spanning 65+ countries. The company serves enterprises, hyperscalers, and SaaS platforms by embedding communications capabilities into their applications and platforms, with particular strength in Unified Communications as a Service (UCaaS) and Contact Center as a Service (CCaaS) where it powers all 2025 Gartner Magic Quadrant Leaders.
Themes: ["Cloud communications / CPaaS","AI voice agents / AI voice orchestration","Unified Communications as a Service (UCaaS)","Contact Center as a Service (CCaaS)","Communications APIs","Enterprise communications transformation"]
Fundamentals
- Price$78.44 as of 2026-07-09 close
- Market cap$2.4B as of 2026-07-10
- 1-year return+389.9% as of 2026-07-09 close
- Net margin-0.6% as of 2026-07-10
- Gross margin+38.2% as of 2026-07-10
- ROE-1.3% as of 2026-07-10
- Debt / equity0.49 as of 2026-07-10
- Revenue growth (YoY)+4.9% as of 2026-07-10
- Revenue CAGR (3y)+9.6% SEC XBRL
- Beta2.98 as of 2026-07-10
Key risks (from latest filing)
["Heavy dependence on a concentrated customer base (powers major platform leaders like Microsoft, Google, Zoom, Cisco, RingCentral, Genesys, Five9) creating customer concentration risk","Regulatory complexity across 65+ countries in which the company operates its global network","Unprofitable with negative net margins (-0.64%); cash generation and path to profitability not guaranteed as company invests in AI and global infrastructure"]
Competitors & peers
- Twilio
- Vonage
- Nexmo
- 8x8
- Genesys
- Five9
- RingCentral
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.