Bandwidth (BAND) Gross Margin (2016 - 2026)
Bandwidth's (BAND) quarterly Gross Margin came in at 37.32% in Q1 2026, down 372.0% year-on-year from 13.72% in Q1 2025, and down 0.74% quarter-over-quarter from 37.6% in Q4 2025.
Bandwidth (BAND) Gross Margin (2016 - 2026) Analysis & Trends
Bandwidth has disclosed Gross Margin across 11 years of filings, most recently posting 37.32% for Q1 2026.
- Gross Margin for Q1 2026 came in at 37.32%, down 372.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 38.24% (up 19.0% YoY), and the FY2025 annual result was 39.14%, up 174.0% from the prior year.
- Gross Margin came in at 37.32% for Q1 2026 at Bandwidth, down from 37.6% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 42.79% in Q3 2022 to a low of 36.44% in Q4 2024.
- The 5-year median for Gross Margin is 39.14% (2023), against an average of 39.28%.
- Across the five-year window, Gross Margin plunged 373 bps in 2022 and surged 275 bps in 2025, its largest moves.
- Bandwidth's Gross Margin stood at 40.82% in 2022, then retreated by 8 bps to 37.52% in 2023, then declined by 3 bps to 36.44% in 2024, then gained by 3 bps to 37.6% in 2025, then retreated by 1 bps to 37.32% in 2026.
- The last three Gross Margin figures came in at 37.32% (Q1 2026), 37.6% (Q4 2025), and 38.46% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 67.63% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 61.73% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 88.06% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 86.78% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 73.59% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 76.12% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 80.29% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 73.54% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 71.21% |
| 10 | Bandwidth | 2.01 Bn | 1.96 Bn | 77.91 Mn | 37.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 44.32% |