Bandwidth (BAND) Gross Margin (2016 - 2026)
Bandwidth (BAND) posted Gross Margin of 37.32% for Q1 2026, down 0.74% sequentially from 37.6% in Q4 2025, and down 372.0% YoY from 13.72% in Q1 2025.
Bandwidth (BAND) Gross Margin (2016 - 2026) Analysis & Trends
Bandwidth (BAND) has 11 years of Gross Margin data on file, last reported at 37.32% in Q1 2026.
- Quarterly Gross Margin fell 372.0% year-over-year to 37.32% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 38.24% (up 19.0% YoY) and the FY2025 annual result came in at 39.14%, up 174.0% from the prior year.
- Gross Margin fell to 37.32% in Q1 2026 per BAND's latest filing, from 37.6% in the prior quarter.
- The five-year high for Gross Margin was 42.79% in Q3 2022, with the low at 36.44% in Q4 2024.
- Average Gross Margin over 5 years is 39.28%, with a median of 39.14% recorded in 2023.
- Year-over-year, Gross Margin slumped 373 bps in 2022 and soared 275 bps in 2025.
- Bandwidth's Gross Margin stood at 40.82% in 2022, then dropped by 8 bps to 37.52% in 2023, then decreased by 3 bps to 36.44% in 2024, then grew by 3 bps to 37.6% in 2025, then dropped by 1 bps to 37.32% in 2026.
- Business Quant data shows BAND's Gross Margin at 37.32% in Q1 2026, 37.6% in Q4 2025, and 38.46% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 67.63% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 89.22% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 86.78% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 73.59% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 76.12% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 80.29% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 71.21% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 73.54% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 48.03% |
| 10 | Bandwidth | 2.02 Bn | 1.97 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% |