BAND Profit Margins - Bandwidth Inc.

Complete source-backed margin history.

Historical Profit Margins

Date	Gross margin	Operating margin	Net margin
2026-03-31	37.32%	-2.21%	1.97%
2025-12-31	37.60%	-1.89%	-1.44%
2025-09-30	38.46%	-1.05%	-0.65%
2025-06-30	39.81%	-2.08%	-2.74%
2025-03-31	41.04%	-2.69%	-2.15%
2024-12-31	36.44%	-1.27%	-0.84%
2024-09-30	37.72%	-0.46%	0.21%
2024-06-30	37.34%	-3.50%	2.34%
2024-03-31	38.29%	-6.09%	-5.40%
2023-12-31	37.52%	-6.07%	-6.61%
2023-09-30	39.14%	-4.04%	-3.37%
2023-06-30	40.42%	-5.15%	-2.67%
2023-03-31	40.37%	-8.53%	2.62%
2022-12-31	40.82%	-4.47%	21.30%
2022-09-30	42.79%	-0.94%	-0.54%
2022-06-30	40.59%	-6.63%	-4.58%
2022-03-31	42.18%	-5.23%	-5.19%
2021-12-31	41.31%	-3.23%	-6.48%
2021-09-30	43.68%	0.72%	-5.32%
2021-06-30	44.32%	0.77%	-5.74%
2021-03-31	45.08%	-0.03%	-4.68%
2020-12-31	42.23%	-10.81%	-17.63%
2020-09-30	46.29%	2.20%	-2.77%
2020-06-30	45.29%	-0.35%	-26.88%
2020-03-31	46.94%	-4.21%	-1.54%
2019-12-31	46.81%	-5.58%	-3.15%
2019-09-30	45.27%	-7.61%	-1.68%
2019-06-30	46.97%	-6.66%	6.11%
2019-03-31	46.05%	-10.96%	3.74%
2018-12-31	45.09%	-6.25%	-2.46%
2018-09-30	45.55%	0.17%	4.97%
2018-06-30	45.00%	2.40%	21.76%
2018-03-31	52.15%	16.55%	11.68%
2017-12-31	46.24%	5.21%	-1.41%
2017-09-30	45.40%	7.43%	3.95%
2017-06-30	43.60%	10.51%	4.93%
2017-03-31	45.57%	13.08%	7.54%
2016-12-31	45.72%	6.84%	37.43%
2016-09-30	44.27%	11.35%	8.52%

Date	Gross margin	Operating margin	Net margin
2025-12-31	39.14%	-1.91%	-1.71%
2024-12-31	37.40%	-2.68%	-0.87%
2023-12-31	39.29%	-5.90%	-2.72%
2022-12-31	41.59%	-4.24%	3.41%
2021-12-31	43.55%	-0.46%	-5.57%
2020-12-31	44.86%	-3.94%	-12.82%
2019-12-31	46.28%	-7.61%	1.07%
2018-12-31	47.02%	3.31%	8.78%
2017-12-31	45.22%	8.97%	3.66%
2016-12-31	43.99%	10.02%	14.70%
2015-12-31	42.50%	5.78%	-4.86%