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
DateValue
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%