BAND FY 2023 Earnings — Bandwidth Inc. Revenue & Financial Results | Market Cap Arena

BANDBandwidth Inc.

$496M

FY 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$601M+4.9% YoY

Gross Profit

$236M39.3% margin

Operating Income

-$35M-5.9% margin

Net Income

-$16M-2.7% margin

EPS (Diluted)

$-0.64

Cash Flow

Operating Cash Flow

$39M

Free Cash Flow

$19M

Stock-Based Comp.

$37M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$804M

Stockholders' Equity

$297M

Cash & Equivalents

$132M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$601M	$573M	+4.9%
Gross Profit	$236M	$238M	-0.9%
Operating Income	-$35M	-$24M	-45.8%
Net Income	-$16M	$20M	-183.5%