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Bandwidth revenue
Bandwidth's revenue is $748.5 million.
What is Bandwidth's revenue?
- Bandwidth's revenue growth from 2016 to 2024 is 391.99%.
- Bandwidth has 701 employees, and the revenue per employee ratio is $1,067,741.
- Bandwidth's peak quarterly revenue was $210.0M in 2024(q4).
- Bandwidth peak revenue was $748.5M in 2024.
- Bandwidth annual revenue for 2023 was 601.1M, 4.88% growth from 2022.
- Bandwidth annual revenue for 2024 was 748.5M, 24.52% growth from 2023.
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Bandwidth historical revenue
Bandwidth's peak revenue was $748.5M in 2024. The peak quarterly revenue was $210.0M in 2024(q4).
Bandwidth's revenue increased from $152.1m in 2016 to $748.5M currently. That's a 391.99% change in annual revenue.
Bandwidth annual revenue
Bandwidth annual revenue over time
| Fiscal year / year | Bandwidth revenue |
|---|---|
| 2016 | $152.1M |
| 2017 | $163.0M |
| 2018 | $204.1M |
| 2019 | $232.6M |
| 2020 | $343.1M |
| 2021 | $490.9M |
| 2022 | $573.2M |
| 2023 | $601.1M |
| 2024 | $748.5M |
How accurately did Bandwidth's revenue projections match actual performance?
Bandwidth annual growth
Bandwidth saw the greatest revenue growth in 2020, when revenue increased by 47.52%.
Bandwidth had the lowest revenue growth in 2017, when revenue changed by 7.11%.
Bandwidth annual growth rate over time
| Year | Bandwidth growth |
|---|---|
| 2017 | 7%↑ |
| 2018 | 25%↑ |
| 2019 | 14%↑ |
| 2020 | 48%↑ |
| 2021 | 43%↑ |
| 2022 | 17%↑ |
| 2023 | 5%↑ |
| 2024 | 25%↑ |
Bandwidth quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Bandwidth quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2017 | - | - | $41.3M | $42.5M |
| 2018 | $53.0M | $48.3M | $50.5M | $52.3M |
| 2019 | $53.3M | $56.8M | $60.5M | $62.0M |
| 2020 | $68.5M | $76.8M | $84.8M | $113.0M |
| 2021 | $113.5M | $120.7M | $130.6M | $126.1M |
| 2022 | $131.4M | $136.5M | $148.3M | $157.0M |
| 2023 | $137.8M | $145.9M | $152.0M | $165.4M |
| 2024 | $171.0M | $173.6M | $193.9M | $210.0M |
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Is Bandwidth transparent about its revenue structure?
Bandwidth financial information
| CEO | David Morken |
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 701 |
| Date Founded | 1998 |
| Headquarters | Raleigh, North Carolina |
| Number of Locations | 6 |
| Revenue | $748.5M |
| Net Income | $19,570,000 |
| Gross Proft | $280.0M (2024) |
| PE Ratio | -151.72 |
| Tax Rate | 0.3% |
| Market Capitalization | $989.8M |
| Total Assets | $929,318,000 |
| Ticker | BAND |
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Bandwidth financing
Bandwidth received early financing of $20.5M on 2011-03-10.
| Series | Round size | Date |
|---|---|---|
| Series Unknown | $20.5M | 03/2011 |
Bandwidth competitors
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Voxeo | - | $10.7M | 150 | - |
| AUTOMATED DIGITAL TECHNOLOGIES | - | $284.9K | 5 | - |
| Pinnacle Telecom | - | $3.9M | 50 | - |
| Bromo Communications | - | $284.9K | 5 | - |
| Docutech | - | $42.0M | 168 | - |
| MetTel | - | $313.0M | 581 | - |
| Infomedia | - | $4.1M | 184 | - |
| IMPAC Electronic | - | - | 31 | - |
| Knovel | - | $5.5M | 15 | - |
| GeoLearning | - | $13.6M | 11 | - |
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Zippia gives an in-depth look into the details of Bandwidth, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Bandwidth. The employee data is based on information from people who have self-reported their past or current employments at Bandwidth. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Bandwidth. The data presented on this page does not represent the view of Bandwidth and its employees or that of Zippia.
Bandwidth may also be known as or be related to BANDWIDTH INC., BANDWIDTH.COM and Bandwidth.