Bandwidth (BAND) Revenue & Revenue Breakdown


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Bandwidth Revenue Highlights


Latest Revenue (Y)

$748.49M

Latest Revenue (Q)

$193.88M

Main Segment (Y)

CPaaS, Usage-Based Fees

Main Geography (Y)

UNITED STATES

Bandwidth Revenue by Period


Bandwidth Revenue by Year

DateRevenueChange
2024-12-31$748.49M24.52%
2023-12-31$601.12M4.88%
2022-12-31$573.15M16.75%
2021-12-31$490.91M43.07%
2020-12-31$343.11M47.52%
2019-12-31$232.59M13.95%
2018-12-31$204.11M25.26%
2017-12-31$162.96M7.11%
2016-12-31$152.13M10.40%
2015-12-31$137.80M-

Bandwidth generated $748.49M in revenue during NA 2024, up 24.52% compared to the previous quarter, and up 321.80% compared to the same period a year ago.

Bandwidth Revenue by Quarter

DateRevenueChange
2024-09-30$193.88M11.68%
2024-06-30$173.60M1.50%
2024-03-31$171.03M3.41%
2023-12-31$165.39M8.80%
2023-09-30$152.01M4.21%
2023-06-30$145.87M5.83%
2023-03-31$137.84M-12.19%
2022-12-31$156.97M5.83%
2022-09-30$148.32M8.67%
2022-06-30$136.49M3.90%
2022-03-31$131.36M4.15%
2021-12-31$126.13M-3.45%
2021-09-30$130.64M8.27%
2021-06-30$120.66M6.33%
2021-03-31$113.48M0.38%
2020-12-31$113.05M33.38%
2020-09-30$84.76M10.38%
2020-06-30$76.79M12.07%
2020-03-31$68.52M10.51%
2019-12-31$62.00M2.50%
2019-09-30$60.49M6.54%
2019-06-30$56.78M6.49%
2019-03-31$53.32M1.87%
2018-12-31$52.34M3.74%
2018-09-30$50.45M4.45%
2018-06-30$48.30M-8.88%
2018-03-31$53.01M24.83%
2017-12-31$42.47M2.73%
2017-09-30$41.34M4.58%
2017-06-30$39.53M-0.25%
2017-03-31$39.63M2.23%
2016-12-31$38.76M0.41%
2016-09-30$38.60M3.26%
2016-06-30$37.38M-

Bandwidth generated $193.88M in revenue during Q3 2024, up 11.68% compared to the previous quarter, and up 132.91% compared to the same period a year ago.

Bandwidth Revenue Breakdown


Bandwidth Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 22Dec 21Dec 20Dec 19
CPaaS, Usage-Based Fees$401.40M$445.70M$319.00M$219.82M$131.63M
CPaaS, Service Fees$138.40M$116.90M$87.60M$72.26M$61.19M
Service, Other-$10.60M$7.30M$6.02M$5.13M
Product And Service, Other, Service Fees--$3.50M$4.18M$5.64M
Products And Services, Other, Usage-Based Fees--$73.50M$40.84M$29.01M

Bandwidth's latest annual revenue breakdown by segment (product or service), as of Dec 24: CPaaS, Usage-Based Fees (74.36%), and CPaaS, Service Fees (25.64%).

Quarterly Revenue by Product

Product/ServiceDec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18Mar 18
CPaaS$101.39M$107.38M$105.04M$100.15M$98.13M$73.76M$67.08M$59.12M--------
Other Segments$24.75M$23.26M$15.62M$13.33M$14.92M$11.00M$9.71M$9.40M--------
Service, Other--------$1.45M$1.26M$1.21M$1.21M----
Products And Services, Other, Usage-Based Fees--------$7.30M$7.65M$7.27M$6.79M----
Product And Service, Other, Service Fees--------$1.26M$1.34M$1.52M$1.52M----
CPaaS, Usage-Based Fees--------$36.12M$34.81M$31.65M$29.05M----
CPaaS, Service Fees--------$15.88M$15.43M$15.13M$14.75M----
CarrierAccessBillingMember------------$2.96M$3.10M--
Carrier Access Billing--------------$2.95M$3.96M

Bandwidth's latest quarterly revenue breakdown by segment (product or service), as of Dec 21: CPaaS (80.38%), and Other Segments (19.62%).

Bandwidth Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 22Dec 21Dec 20Dec 19
Non-US$89.75M$59.12M$7.91M$2.33M$986.00K
UNITED STATES$658.74M$514.04M$69.05M$42.69M$33.66M

Bandwidth's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (88.01%), and Non-US (11.99%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Non North America$23.61M$22.09M$21.57M$21.44M$21.42M$22.14M--------------
North America$170.27M$151.51M$149.46M$130.57M$124.46M$115.71M--------------
Non-US------$14.42M$14.11M$15.11M$15.48M$2.47M$2.34M$1.70M$1.40M$1.35M$412.00K$296.00K$272.00K$499.00K$340.00K
UNITED STATES------$142.56M$134.21M$121.38M$115.89M$22.27M$20.92M$13.92M$11.94M$13.56M$10.58M$9.42M$9.13M$8.06M$8.65M

Bandwidth's latest quarterly revenue breakdown by geography, as of Sep 24: North America (87.82%), and Non North America (12.18%).

Bandwidth Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
OKTAOkta$2.61B$665.00M
ZSZscaler$2.17B$647.90M
MDBMongoDB$2.01B$529.38M
NETCloudflare$1.67B$430.08M
INFAInformatica$1.64B$422.48M
ACIWACI Worldwide$1.59B$451.75M
CSGSCSG Systems$1.20B$295.14M
CFLTConfluent$963.64M$250.20M
CCCSCCC Intelligent Solutions$944.80M$238.48M
RPDRapid7$844.01M$214.65M
DOCNDigitalOcean$780.62M$198.48M
BANDBandwidth$748.49M$193.88M
APPNAppian$617.02M$154.05M
MQMarqeta$507.00M$127.97M
FLYWFlywire$492.14M$156.81M
GBGlobal Blue Group$422.30M$105.24M
RDWRRadware$261.29M$65.08M
FOURShift4 Payments-$-1.50M

BAND Revenue FAQ


What is Bandwidth’s yearly revenue?

Bandwidth's yearly revenue for 2024 was $748.49M, representing an increase of 24.52% compared to 2023. The company's yearly revenue for 2023 was $601.12M, representing an increase of 4.88% compared to 2022. BAND's yearly revenue for 2022 was $573.15M, representing an increase of 16.75% compared to 2021.

What is Bandwidth’s quarterly revenue?

Bandwidth's quarterly revenue for Q3 2024 was $193.88M, a 11.68% increase from the previous quarter (Q2 2024), and a 27.54% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $173.6M, a 1.50% increase from the previous quarter (Q1 2024), and a 19.01% increase year-over-year (Q2 2023). BAND's quarterly revenue for Q1 2024 was $171.03M, a 3.41% increase from the previous quarter (Q4 2023), and a 24.08% increase year-over-year (Q1 2023).

What is Bandwidth’s revenue growth rate?

Bandwidth's revenue growth rate for the last 3 years (2022-2024) was 30.59%, and for the last 5 years (2020-2024) was 118.15%.

What are Bandwidth’s revenue streams?

Bandwidth's revenue streams in c 24 are CPaaS, Usage-Based Fees, and CPaaS, Service Fees. CPaaS, Usage-Based Fees generated $401.4M in revenue, accounting 74.36% of the company's total revenue, down -9.94% year-over-year. CPaaS, Service Fees generated $138.4M in revenue, accounting 25.64% of the company's total revenue, up 18.39% year-over-year.

What is Bandwidth’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Bandwidth was CPaaS, Usage-Based Fees. This segment made a revenue of $401.4M, representing 74.36% of the company's total revenue.