Bandwidth (BAND) Revenue & Revenue Breakdown

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Bandwidth Revenue Highlights

Latest Revenue (Y)

$601.12M

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

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
2024-09-30	$193.88M	11.68%
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 $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/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
Non-US	$59.12M	$7.91M	$2.33M	$986.00K	$546.00K
UNITED STATES	$514.04M	$69.05M	$42.69M	$33.66M	$203.57M

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	Sep 24	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
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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FLYW	Flywire	$403.09B	$156.81M
FLT	Corpay	$3.76B	$935.25M
ZS	Zscaler	$2.17B	$553.20M
MDB	MongoDB	$1.68B	$478.11M
INFA	Informatica	$1.60B	$422.48M
ACIW	ACI Worldwide	$1.45B	$451.75M
NET	Cloudflare	$1.30B	$430.08M
CSGS	CSG Systems	$1.17B	$295.14M
NEWR	New Relic	$925.63M	$242.76M
CCCS	CCC Intelligent Solutions	$866.38M	$238.48M
RPD	Rapid7	$777.71M	$214.65M
CFLT	Confluent	$776.95M	$250.20M
DOCN	DigitalOcean	$692.88M	$198.48M
MQ	Marqeta	$676.17M	$127.97M
BAND	Bandwidth	$601.12M	$193.88M
APPN	Appian	$545.36M	$154.05M
GB	Global Blue Group	$422.30M	$105.24M
RDWR	Radware	$261.29M	$65.08M
OKTA	Okta	$2.26M	$646.00K
FOUR	Shift4 Payments	-	$-1.50M

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 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 (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.