OverviewSuggest Edit
Bandwidth is a provider of cloud-based communications platform for enterprises. The company offers a range of software application programming interfaces (APIs) for voice, messaging, and emergency services. It allows businesses to connect with end users, add voice calling capabilities to applications and devices, transition from on-premise to cloud-based communication tools and applications, integrate messaging capabilities into applications or software, build interactive voice response systems for contact centers, offer end users mobile application experiences including emergency services, etc. Additionally, Bandwidth owns and operates an internet protocol (IP) voice network.
| Type | Public | |
| Founded | 1999 | |
| HQ | Raleigh, NC, US | Map |
| Website | bandwidth.com | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Recent NewsAll News
- Broadcom announces 6GHz band support & Wi-Fi 7 compatible solution with up to double bandwidth
- Bandwidth Announces Global Software Sales Executive Sandy Preizler As Chief Revenue Officer
- Introducing Outbound Call Queueing
- Bandwidth Announces Integration with Pindrop to Add Out-of-the-Box Voice Authentication for Enterprise Contact Center Move to the Cloud
Key People/Management at Bandwidth
David Morken
Co-founder, Chief Executive Officer and Chairman
Daryl Raiford
Chief Financial Officer
Marina Carreker
President
Brandon Asbill
General Counsel
Rebecca Bottorff
Chief People Officer and Director
Scott Mullen
Chief Technology Officer
Bandwidth Office Locations
Bandwidth has offices in Raleigh, Denver, Rochester, San Francisco and in 7 other locations
Raleigh, NC, US (HQ)
Venture III, 900 Main Campus Dr #500
Denver, CO, US
1860 Blake St #420
Rochester, NY, US
85 Allen St #310
San Francisco, CA, US
San Francisco
Bandwidth Financials and Metrics
Bandwidth Revenue
Bandwidth's revenue was reported to be $490.91 m in FY, 2021 which is a 43.1% increase from the previous period.
| USD | |
|---|---|
Revenue (FY, 2021) | 490.9m |
Revenue growth (FY, 2020 - FY, 2021), % | 43.1% |
Gross profit (FY, 2021) | 218.5m |
Gross profit margin (FY, 2021), % | 44.5% |
Net income (FY, 2021) | (27.4m) |
EBIT (FY, 2021) | (2.2m) |
Market capitalization (13-May-2022) | 530.3m |
Closing stock price (13-May-2022) | 21.1 |
Cash (31-Dec-2021) | 331.5m |
EV | 702.1m |
Bandwidth's current market capitalization is $530.3 m.
Annual
Quarterly
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 138.9m | 140.1m | 192.4m | 492.0m | 291.0m | 300.2m | 319.7m | 309.6m | 321.8m |
Accounts Receivable | 27.9m | 26.7m | 30.0m | 37.1m | 41.8m | 46.5m | 51.5m | 63.1m | 75.2m |
Prepaid Expenses | 7.0m | 8.5m | 8.4m | 10.1m | 10.9m | 10.0m | 13.4m | 23.4m | 22.4m |
Current Assets | 235.6m | 233.2m | 233.3m | 566.9m | 577.3m | 590.8m | 406.7m | 408.2m | 431.5m |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 2.0m | 5.5m | 4.5m | (1.1m) | (21.7m) | (24.1m) | (5.3m) | (12.2m) | (19.2m) |
Depreciation and Amortization | 2.2m | 4.3m | 6.6m | 3.3m | 6.6m | 9.9m | 9.0m | 18.2m | 27.5m |
Accounts Payable | (435.0k) | (95.0k) | (169.0k) | 304.0k | 41.0k | 2.9m | 1.4m | 1.1m | 7.1m |
Cash From Operating Activities | (9.0m) | (5.4m) | (3.5m) | (7.6m) | (316.0k) | 11.3m | 10.0m | 8.8m | 23.7m |
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 334.1k |
Bandwidth Revenue Breakdown
Bandwidth revenue breakdown by business segment: 84.3% from CPaaS and 15.7% from Other
Bandwidth revenue breakdown by geographic segment: 88.3% from United States and 11.7% from International
Bandwidth Cybersecurity Score
Bandwidth Environment, Social & Governance (ESG) Ratings
Bandwidth Online and Social Media Presence
11.31k Twitter followers
Bandwidth has 11.31k Twitter Followers. The number of followers has decreased 0.1% month over month and decreased 0.2% quarter over quarter
Bandwidth's Trends
Twitter Engagement Stats for @bandwidth
6.2k
Tweets
2.7k
Following
11.3k
Followers
14
Tweets last 30 days
1.5
Avg. likes per Tweet
64.3%
Tweets with engagement
Bandwidth Company Culture
Overall Culture
A+
85/100
CEO Rating
A+
87/100
Compensation
A
82/100
Bandwidth News and Updates
April 13, 2022
Broadcom announces 6GHz band support & Wi-Fi 7 compatible solution with up to double bandwidth
Broadcom announced Wi-Fi 7 solutions, including the SoC BCM67263 for access points that support Wi-Fi 7 of the next-generation wireless LAN standard.
March 30, 2022
Bandwidth Announces Global Software Sales Executive Sandy Preizler As Chief Revenue Officer
Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced that Sandy Preizler will be joining the company in the newly created position of Chief Revenue Officer (CRO), effective April 18. In his 25-year career, Preizler consistently exceeded revenue an…
March 29, 2022
Introducing Outbound Call Queueing
Bandwidth is enabling Outbound Call Queueing for Voice API customers on April 30, 2022.
March 21, 2022
Bandwidth Announces Integration with Pindrop to Add Out-of-the-Box Voice Authentication for Enterprise Contact Center Move to the Cloud
Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced a partnership and integration with PindropⓇ, a global leader in voice authentication technology. Now, Pindrop can be natively integrated with Bandwidth at the carrier level, giving enterprises a…
February 24, 2022
Capping TNs for 10DLC Campaigns
The number of TNs that can be associated with a single 10DLC Campaign is now limited to 49, unless the customer has been approved for a Sub ID. The limit of 49 TNs is consistent with T-Mobile’s policy. Customers will receive an error message when adding 50 or greater TNs.
February 23, 2022
Bandwidth Announces Fourth Quarter and Full Year 2021 Financial Results
Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced financial results for the fourth quarter and full year ended December 31, 2021.
Bandwidth Blogs
March 21, 2022
Bandwidth Announces Integration with Pindrop to Add Out-of-the-Box Voice Authentication for Enterprise Contact Center Move to the Cloud
March 21, 2022 Native integration on the Bandwidth platform with the leading fraud and authentication solution gives enterprise contact centers a faster, more robust route to the cloud RALEIGH, N.C., March 21, 2022 /PRNewswire/ — Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud commu…
March 17, 2022
Webinar wrap-up: 2022 State of Business Messaging
Here are some takeaways from our latest webinar on business text messaging in 2022. In today’s digital landscape, it’s hard to stand out to your customers, especially with all the other communication they’re getting daily. The solution? Text Messaging tends to be an effective channel for businesses …
March 01, 2022
How to register with 10DLC to avoid unnecessary costs in 2022
What you need to know to help you stay compliant with The Campaign Registry (TCR) Recently, more and more businesses have realized the benefits of using messaging as a channel to create a 5-star customer experience (CX). However, with the influx of businesses utilizing text messaging at increasingly…
February 24, 2022
Bandwidth Announces Fourth Quarter and Full Year 2021 Financial Results
Full year Total Revenue of $491 million, up 43% year-over-year Full year CPaaS Revenue of $414 million, up 39% year-over-year RALEIGH, N.C., Feb. 23, 2022 /PRNewswire/ — Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced financial results for the…
February 22, 2022
Bandwidth Welcomes Global Tech Executive Anthony Bartolo As Chief Operating Officer
Cloud communications leader from Avaya and Tata Communications has 30 years’ experience scaling global revenues and motivating cross-functional teams RALEIGH, N.C., Feb. 22, 2022 /PRNewswire/ — Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced t…
December 08, 2021
Bandwidth Extends 911 Emergency Services Capabilities with New Partnerships To Address the Needs of Large Enterprises
Partners 911 Secure, 911inform and 9Line Software give Bandwidth a full-stack solution, enabling enterprises to customize emergency services on the Bandwidth platform RALEIGH, N.C., Dec. 8, 2021 /PRNewswire/ — Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, t…
Bandwidth Frequently Asked Questions
When was Bandwidth founded?
Bandwidth was founded in 1999.
Who are Bandwidth key executives?
Bandwidth's key executives are David Morken, Daryl Raiford and Marina Carreker.
How many employees does Bandwidth have?
Bandwidth has 1,100 employees.
What is Bandwidth revenue?
Latest Bandwidth annual revenue is $490.9 m.
What is Bandwidth revenue per employee?
Latest Bandwidth revenue per employee is $446.3 k.
Who are Bandwidth competitors?
Competitors of Bandwidth include Starry, CM.com and Everbridge.
Where is Bandwidth headquarters?
Bandwidth headquarters is located at Venture III, 900 Main Campus Dr #500, Raleigh.
Where are Bandwidth offices?
Bandwidth has offices in Raleigh, Denver, Rochester, San Francisco and in 7 other locations.
How many offices does Bandwidth have?
Bandwidth has 11 offices.
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