Quarterly ResultApr 30, 2026, 07:07 AM
BAND Q1 Revenue +20% to $209M; Adj. EBITDA +17% to $26M; Raises FY26 Outlook
AI Summary
Bandwidth Inc. announced record financial results for the first quarter ended March 31, 2026, with revenue of $209 million, up 20% year-over-year, and Adjusted EBITDA of $26 million, up 17% year-over-year, both exceeding guidance. The company also reported strong large enterprise momentum, including selection by Salesforce for its Agentforce Contact Center, and strengthened its balance sheet through debt retirement and share repurchases. Based on this performance, Bandwidth raised its full-year 2026 outlook for both revenue and Adjusted EBITDA.
Key Highlights
- Q1 2026 revenue reached a record $209 million, up 20% year-over-year.
- Q1 2026 Adjusted EBITDA was a record $26 million, up 17% year-over-year.
- GAAP net income for Q1 2026 was $4 million, compared to a net loss of $4 million in Q1 2025.
- Non-GAAP net income for Q1 2026 was $13 million, up from $11 million in Q1 2025.
- Q1 2026 GAAP diluted EPS was $(0.08), while Non-GAAP diluted EPS was $0.38.
- Salesforce selected Bandwidth as its critical infrastructure partner for Agentforce Contact Center.
- Full-year 2026 revenue guidance raised to $880-$900 million.
- Full-year 2026 Adjusted EBITDA guidance raised to $119-$125 million.