Bandwidth Inc. Q1 Revenue Jumps 20% to $209M, Lifts FY26 Guidance
Bandwidth Inc. reported Q1 revenue of $209 million, a 20% increase that beat consensus by $8 million, and non-GAAP earnings of $0.38 per share. The company raised FY26 guidance to $880–$900 million in revenue and $119–$125 million in adjusted EBITDA on AI-driven demand and large enterprise deals.
1. Strong Q1 Financial Performance
Bandwidth Inc. reported record Q1 2026 revenue of $209 million, a 20% year-over-year increase that exceeded consensus by $8 million, and delivered non-GAAP earnings of $0.38 per share.
2. AI-Driven Demand and Enterprise Deals
Growth was fueled by accelerated AI-led demand in the communications segment and significant new enterprise contracts, including multiple deals over $1 million and selection by Salesforce for its Agentforce Contact Center.
3. Upgraded FY26 Guidance
Management raised full-year 2026 guidance to $880–$900 million in revenue and $119–$125 million in adjusted EBITDA, reflecting confidence in sustained volume-based growth and margin expansion.