Bandwidth (BAND) Gross Margin (2016 - 2026)
Bandwidth (BAND) posted Gross Margin of 35.72% for Q2 2026, down 4.29% sequentially from 37.32% in Q1 2026, and down 409.0% YoY from 11.56% in Q2 2025.
Bandwidth (BAND) Gross Margin (2016 - 2026) Analysis & Trends
Bandwidth has reported Gross Margin for 11 years, with the latest figure at 35.72% in Q2 2026.
- Quarterly Gross Margin fell 409.0% year-over-year to 35.72% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 37.23% (down 140.0% YoY) and the FY2025 annual result came in at 39.14%, up 174.0% from the prior year.
- Gross Margin slipped to 35.72% in Q2 2026 per BAND's latest filing, from 37.32% in the prior quarter.
- Over five years, Gross Margin peaked at 42.79% in Q3 2022 and troughed at 35.72% in Q2 2026.
- A 5-year average of 39.09% and a median of 38.8% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2025 and 2026: Gross Margin jumped 275 bps in 2025, then slumped 409 bps in 2026.
- Over 5 years, Gross Margin stood at 40.82% in 2022, then slipped by 8 bps to 37.52% in 2023, then retreated by 3 bps to 36.44% in 2024, then climbed by 3 bps to 37.6% in 2025, then fell by 5 bps to 35.72% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 35.72%, 37.32%, and 37.6% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 67.20% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 84.66% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 67.55% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 80.24% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 71.76% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 73.54% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 65.86% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 47.84% |
| 10 | Bandwidth | 1.69 Bn | 1.51 Bn | 78.54 Mn | 35.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 35.72% |
| Mar 31, 2026 | 37.32% |
| Dec 31, 2025 | 37.60% |
| Sep 30, 2025 | 38.46% |
| Jun 30, 2025 | 39.81% |
| Mar 31, 2025 | 41.04% |
| Dec 31, 2024 | 36.44% |
| Sep 30, 2024 | 37.72% |
| Jun 30, 2024 | 37.34% |
| Mar 31, 2024 | 38.29% |
| Dec 31, 2023 | 37.52% |
| Sep 30, 2023 | 39.14% |
| Jun 30, 2023 | 40.42% |
| Mar 31, 2023 | 40.37% |
| Dec 31, 2022 | 40.82% |
| Sep 30, 2022 | 42.79% |
| Jun 30, 2022 | 40.59% |
| Mar 31, 2022 | 42.18% |
| Dec 31, 2021 | 41.31% |
| Sep 30, 2021 | 43.68% |