Bandwidth (BAND) Gross Margin (2016 - 2026)
Bandwidth's (BAND) quarterly Gross Margin came in at 35.72% in Q2 2026, down 409.0% year-over-year from 11.56% in Q2 2025, and down 4.29% quarter-over-quarter from 37.32% in Q1 2026.
Analysis
Bandwidth (BAND) Gross Margin (2016 - 2026) Analysis & Trends
Bandwidth has disclosed Gross Margin across 11 years of filings, most recently posting 35.72% for Q2 2026.
- In Q2 2026, Gross Margin fell 409.0% year-over-year to 35.72%; the TTM figure through Jun 2026 stood at 37.23% (down 140.0% YoY), while the FY2025 annual figure was 39.14%, up 174.0% from the prior year.
- Gross Margin came in at 35.72% for Q2 2026 at Bandwidth, down from 37.32% 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 35.72% in Q2 2026.
- Average Gross Margin over 5 years is 39.09%, with a median of 38.8% recorded in 2023.
- Year-over-year, Gross Margin soared 275 bps in 2025 and sank 409 bps in 2026.
- Over 5 years, 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 dropped by 5 bps to 35.72% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 35.72% in Q2 2026, 37.32% in Q1 2026, and 37.6% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 34.41 Bn | 31.76 Bn | 725.87 Mn | 48.42% |
| 2 | Zoom Communications | 28.30 Bn | 21.05 Bn | 985.50 Mn | 77.16% |
| 3 | Nice | 6.33 Bn | 5.97 Bn | 995.81 Mn | 64.21% |
| 4 | RingCentral | 5.92 Bn | 5.81 Bn | 472.31 Mn | 71.89% |
| 5 | Five9 | 2.35 Bn | 1.70 Bn | 166.74 Mn | 53.37% |
| 6 | Bandwidth | 1.40 Bn | 1.23 Bn | 78.54 Mn | 35.72% |
| 7 | Consensus Cloud Solutions | 666.02 Mn | 567.11 Mn | 73.07 Mn | 79.98% |
| 8 | Ooma | 629.68 Mn | 612.15 Mn | 50.99 Mn | 61.26% |
| 9 | Agora | 376.18 Mn | 300.33 Mn | 25.74 Mn | 63.67% |
| 10 | 8X8 | 256.05 Mn | 161.09 Mn | - | - |
Historic Data
Download Data
Historic 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% |