Bandwidth (BAND) Revenue & Revenue Breakdown
Bandwidth Revenue Highlights
Latest Revenue (Y)
$601.12M
Latest Revenue (Q)
$173.60M
Main Segment (Y)
CPaaS, Usage-Based Fees
Main Geography (Y)
UNITED STATES
Bandwidth Revenue by Period
Bandwidth Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $601.12M | 4.88% |
| 2022-12-31 | $573.15M | 16.75% |
| 2021-12-31 | $490.91M | 43.07% |
| 2020-12-31 | $343.11M | 47.52% |
| 2019-12-31 | $232.59M | 13.95% |
| 2018-12-31 | $204.11M | 25.26% |
| 2017-12-31 | $162.96M | 7.11% |
| 2016-12-31 | $152.13M | 10.40% |
| 2015-12-31 | $137.80M | - |
Bandwidth generated $601.12M in revenue during NA 2023, up 4.88% compared to the previous quarter, and up 294.50% compared to the same period a year ago.
Bandwidth Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $173.60M | 1.50% |
| 2024-03-31 | $171.03M | 3.41% |
| 2023-12-31 | $165.39M | 8.80% |
| 2023-09-30 | $152.01M | 4.21% |
| 2023-06-30 | $145.87M | 5.83% |
| 2023-03-31 | $137.84M | -12.19% |
| 2022-12-31 | $156.97M | 5.83% |
| 2022-09-30 | $148.32M | 8.67% |
| 2022-06-30 | $136.49M | 3.90% |
| 2022-03-31 | $131.36M | 4.15% |
| 2021-12-31 | $126.13M | -3.45% |
| 2021-09-30 | $130.64M | 8.27% |
| 2021-06-30 | $120.66M | 6.33% |
| 2021-03-31 | $113.48M | 0.38% |
| 2020-12-31 | $113.05M | 33.38% |
| 2020-09-30 | $84.76M | 10.38% |
| 2020-06-30 | $76.79M | 12.07% |
| 2020-03-31 | $68.52M | 10.51% |
| 2019-12-31 | $62.00M | 2.50% |
| 2019-09-30 | $60.49M | 6.54% |
| 2019-06-30 | $56.78M | 6.49% |
| 2019-03-31 | $53.32M | 1.87% |
| 2018-12-31 | $52.34M | 3.74% |
| 2018-09-30 | $50.45M | 4.45% |
| 2018-06-30 | $48.30M | -8.88% |
| 2018-03-31 | $53.01M | 24.83% |
| 2017-12-31 | $42.47M | 2.73% |
| 2017-09-30 | $41.34M | 4.58% |
| 2017-06-30 | $39.53M | -0.25% |
| 2017-03-31 | $39.63M | 2.23% |
| 2016-12-31 | $38.76M | 0.41% |
| 2016-09-30 | $38.60M | 3.26% |
| 2016-06-30 | $37.38M | - |
Bandwidth generated $173.60M in revenue during Q2 2024, up 1.50% compared to the previous quarter, and up 125.94% compared to the same period a year ago.
Bandwidth Revenue Breakdown
Bandwidth Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| CPaaS, Usage-Based Fees | $445.70M | $319.00M | $219.82M | $131.63M | - |
| Service, Other | $10.60M | $7.30M | $6.02M | $5.13M | - |
| CPaaS, Service Fees | $116.90M | $87.60M | $72.26M | $61.19M | - |
| 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 | - |
| Product and Service, Other | - | - | - | - | $39.70M |
| CPaaS | - | - | - | - | $164.41M |
Bandwidth's latest annual revenue breakdown by segment (product or service), as of Dec 22: CPaaS, Usage-Based Fees (77.76%), CPaaS, Service Fees (20.39%), and Service, Other (1.85%).
Quarterly Revenue by Product
| Product/Service | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other Segments | $24.75M | $23.26M | $15.62M | $13.33M | $14.92M | $11.00M | $9.71M | $9.40M | - | - | - | - | - | - | - | - |
| CPaaS | $101.39M | $107.38M | $105.04M | $100.15M | $98.13M | $73.76M | $67.08M | $59.12M | - | - | - | - | - | - | - | - |
| 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
| Country | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| UNITED STATES | $514.04M | $69.05M | $42.69M | $33.66M | $203.57M |
| Non-US | $59.12M | $7.91M | $2.33M | $986.00K | $546.00K |
Bandwidth's latest annual revenue breakdown by geography, as of Dec 22: UNITED STATES (89.69%), and Non-US (10.31%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Non North America | $22.09M | $21.57M | $21.44M | $21.42M | $22.14M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| North America | $151.51M | $149.46M | $130.57M | $124.46M | $115.71M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| 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 | $8.72M |
| 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 | $68.00K |
Bandwidth's latest quarterly revenue breakdown by geography, as of Jun 24: North America (87.27%), and Non North America (12.73%).
Bandwidth Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| FLYW | Flywire | $403.09B | $103.68M |
| FLT | Corpay | $3.76B | $935.25M |
| ZS | Zscaler | $2.17B | $553.20M |
| MDB | MongoDB | $1.68B | $478.11M |
| INFA | Informatica | $1.60B | $400.63M |
| ACIW | ACI Worldwide | $1.45B | $373.48M |
| NET | Cloudflare | $1.30B | $401.00M |
| CSGS | CSG Systems | $1.17B | $295.13M |
| NEWR | New Relic | $925.63M | $242.76M |
| CCCS | CCC Intelligent Solutions | $866.38M | $232.62M |
| RPD | Rapid7 | $777.71M | $205.10M |
| CFLT | Confluent | $776.95M | $234.99M |
| DOCN | DigitalOcean | $692.88M | $192.48M |
| MQ | Marqeta | $676.17M | $125.27M |
| BAND | Bandwidth | $601.12M | $173.60M |
| APPN | Appian | $545.36M | $146.45M |
| GB | Global Blue Group | $422.30M | $105.24M |
| RDWR | Radware | $261.29M | $65.08M |
| OKTA | Okta | $2.26M | $646.00K |
| FOUR | Shift4 Payments | - | $827.00M |
BAND Revenue FAQ
What is Bandwidth’s yearly revenue?
Bandwidth's yearly revenue for 2023 was $601.12M, representing an increase of 4.88% compared to 2022. The company's yearly revenue for 2022 was $573.15M, representing an increase of 16.75% compared to 2021. BAND's yearly revenue for 2021 was $490.91M, representing an increase of 43.07% compared to 2020.
What is Bandwidth’s quarterly revenue?
Bandwidth'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). The company'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). BAND's quarterly revenue for Q4 2023 was $165.39M, a 8.80% increase from the previous quarter (Q3 2023), and a 5.36% increase year-over-year (Q4 2022).
What is Bandwidth’s revenue growth rate?
Bandwidth's revenue growth rate for the last 3 years (2021-2023) was 22.45%, and for the last 5 years (2019-2023) was 158.44%.
What are Bandwidth’s revenue streams?
Bandwidth's revenue streams in c 22 are CPaaS, Usage-Based Fees, Service, Other, and CPaaS, Service Fees. CPaaS, Usage-Based Fees generated $445.7M in revenue, accounting 77.76% of the company's total revenue, up 39.72% year-over-year. Service, Other generated $10.6M in revenue, accounting 1.85% of the company's total revenue, up 45.21% year-over-year. CPaaS, Service Fees generated $116.9M in revenue, accounting 20.39% of the company's total revenue, up 33.45% year-over-year.
What is Bandwidth’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Bandwidth was CPaaS, Usage-Based Fees. This segment made a revenue of $445.7M, representing 77.76% of the company's total revenue.