Bandwidth二季度收入和调整后EBITDA创新高并上调全年收入指引

Revenue of
$220 million
, up 22% year-over-year, and Adjusted EBITDA of
$28 million
, up 27% year-over-year,
with record Adjusted EBITDA margin of 18%
Raising full-year 2026 outlook on sustained demand strength and accelerating business model fundamentals
Voice AI adoption driving enterprise modernization and $1m+ strategic customer wins
RALEIGH, N.C.
,
July 29, 2026
/PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced financial results for the second quarter ended
June 30, 2026
.
"AI is reshaping how enterprises evaluate communications infrastructure, increasing demand for trusted, scalable platforms capable of supporting mission-critical AI interactions," said
David Morken
, Bandwidth's Co-Founder, Chief Executive Officer, and Chairman. "We are capitalizing on this shift to secure larger strategic customer wins across AI-native innovators, Global 2000 enterprises, and hyperscalers as organizations increasingly standardize on Bandwidth. As adoption of AI-enabled communications accelerates, we believe our global Communications Cloud, Maestro orchestration platform, and growing portfolio of trust capabilities position us to expand our leadership, capture a larger share of the AI communications stack, and create durable long-term shareholder value."
Second Quarter 2026 Financial Highlights
The following table summarizes the condensed consolidated financial highlights for the three
and six months ended
June 30, 2026
and 2025 ($ in millions, except per share amounts).
Three months ended
June 30
,
Six months ended
June 30
,
2026
2025
2026
2025
Revenue
$       220
$      180
$      429
$      354
Gross Margin
36 %
40 %
36 %
40 %
Non-GAAP Gross Margin
(1)
59 %
58 %
59 %
59 %
Net income (loss)
$           2
$         (5)
$          7
$         (9)
Non-GAAP net income
(1)
$         14
$        12
$        26
$        23
Net income (loss) per share,
$      0.07
$    (0.16)
$     0.20
$    (0.29)
Net loss per share, diluted
$     (0.07)
$    (0.16)
$    (0.15)
$    (0.29)
Non-GAAP net income per Non-GAAP share
(1)
$      0.37
$     0.38
$     0.72
$     0.74
Adjusted EBITDA
(1)
$         28
$        22
$        54
$        44
Net cash provided by operating activities
$         29
$        32
$        38
$        29
Free cash flow
(1)
$         24
$        26
$        23
$        12
(1)
Additional information regarding the Non-GAAP financial measures discussed in this release, including an explanation of these measures and how each is calculated, is included below under the heading "Non-GAAP Financial Measures." A reconciliation of GAAP to Non-GAAP financial measures has also been provided in the financial tables included below.
"We delivered record quarterly results for Revenue and Adjusted EBITDA, which exceeded our expectations," said
Daryl Raiford
, CFO of Bandwidth. "Our performance demonstrates the earnings power of our business model as strong customer demand across Voice and Messaging, combined with the structural advantages of our owned-and-operated global network, drove another quarter of margin expansion and profit growth. With growing visibility from recent enterprise customer wins, continued momentum in AI-enabled communications, and a strengthened balance sheet, we are again raising our full-year 2026 outlook for both revenue and Adjusted EBITDA."
Second Quarter Customer Highlights
Each of our $1m+ customer wins and expansions in the second quarter included Maestro™ or AI services.
A growing healthcare system
operating hospitals and clinics across the Midwest selected Bandwidth's Communications Cloud and Maestro orchestration platform to modernize its legacy communications, enabling a future cloud contact center and AI services.
A leading European appliance care and warranty provider
selected Bandwidth to consolidate communications across multiple markets onto our global Communications Cloud, simplifying operations while creating a trusted foundation for AI-driven customer engagement.
A global electronic brokerage serving investors in more than 200 countries
expanded its long-standing relationship with Bandwidth into global voice, unifying communications with a single trusted partner across highly regulated markets.
A long-standing global hyperscaler partner
significantly expanded its use of Bandwidth to support a key digital service internationally, reinforcing our role as the communications infrastructure that scales alongside leading AI and cloud platforms.
One of the largest text messaging platforms in the
U.S
.,
serving approximately 2,500 brands, expanded its relationship with Bandwidth by consolidating more than 95 percent of its messaging traffic onto our platform to improve scale, deliverability, and operational performance.
Financial Outlook
Bandwidth is providing guidance for its third quarter and full year 2026 as follows (in millions, except per share amounts) based on current indications for its business, which are subject to change.
3Q 2026
Guidance
Full Year 2026
Guidance
Revenue
$231
-
$235
$900
-
$910
Adjusted EBITDA
$32
-
$34
$123
-
$125
Non-GAAP earnings per share
(1)
$0.45
-
$0.49
$1.71
-
$1.79
(1)
Assumes weighted average diluted share count of approximately 40.5 million in 3Q 2026 and weighted average diluted share count of approximately 39.0 million in full year 2026.
Bandwidth has not reconciled its third quarter and full year 2026 guidance related to (i) Adjusted EBITDA to GAAP net income or loss, (ii) non-GAAP net earnings or loss to GAAP net earnings or loss or (iii) non-GAAP earnings or loss per share to GAAP earnings or loss per share, because stock-based compensation cannot be reasonably calculated or predicted at this time. Accordingly, a reconciliation is not available without unreasonable effort.
Upcoming Investor Conferences
B.
Riley Securities' Consumer & TMT Conference
in
New York, NY
.
Investor meetings hosted with management on
Thursday, September 10, 2026
.
Benchmark-StoneX Tech Conference
in
New York, NY
.
Investor meetings hosted with management on
Thursday, September 10, 2026
.
Piper Sandler Growth Frontiers Conference
in
Nashville
, TN.
Fireside chat with
John Bell
, Chief Product Officer on
Tuesday, September 15, 2026
at
1:00 PM Central Time
.
About Bandwidth Inc.
Bandwidth Inc. (NASDAQ: BAND) is a global cloud communications company that helps enterprises deliver exceptional experiences through voice calling, text messaging and emergency services. Our solutions and our Communications Cloud, covering ~70 countries and 90 percent of global GDP, are trusted by all the leaders in unified communications and cloud contact centers–including Amazon Web Services (AWS), Cisco, Google, Microsoft, RingCentral, Zoom, Genesys and Five9–as well as Global 2000 enterprises and SaaS builders like Docusign, Uber and Yosi Health. As a founder of the cloud communications revolution, we are the first and only global Communications Platform-as-a-Service (CPaaS) to offer a unique combination of composable APIs, AI capabilities, owner-operated network and broad regulatory experience. Our award-winning support teams help businesses around the world transform their communications every day.
Conference Call
Bandwidth will host a conference call to discuss financial results for the second quarter ended June 30, 2026 on July 29, 2026. Details can be found below and on the investor section of its website at
https://investors.bandwidth.com
where a replay will also be available shortly following the call.
Conference Call Details
July 29, 2026
8:00 am ET
Domestic dial-in: 800-715-9871
International dial-in: 646-307-1963
Replay information
An audio replay of this conference call will be available through August 5, 2026 by dialing 855-669-9658 or 412-317-0088 for international callers, and entering passcode 7551038.
This press release includes forward-looking statements. All statements contained in this press release other than statements of historical facts, including,