Bandwidth Q3 revenue rises 22%, slightly beats estimates
BAND•Bandwidth's third-quarter revenue rose 22% to $234 million, slightly above the $233.16 million estimate. Adjusted EBITDA increased 43% to $35 million, and the company forecast 2026 revenue of $905 million to $910 million.
1. Quarterly results
Bandwidth reported third-quarter revenue of $234 million, up 22% and slightly above the $233.16 million analyst estimate. Net income was $5 million, adjusted gross margin was 61%, and adjusted EBITDA grew 43% to $35 million, a 22% margin.
2. 2026 outlook
The company expects 2026 revenue of $905 million to $910 million, adjusted EBITDA of $124 million to $125 million, and non-GAAP EPS of $1.73 to $1.79.
3. Growth drivers
Bandwidth said growth was driven by increased customer usage and new large customer wins. Its sales team added four customer wins and expansions worth more than $1 million, while a specialized communications provider selected Bandwidth to expand international calling services across a network reaching 70 countries.
