Bandwidth Inc. (BAND) Earnings
Bandwidth Inc. is expected to report next earnings on July 30, 2026 (in NaN days), with a consensus EPS estimate of $0.36. BAND has beaten EPS estimates in 9 of its last 12 reported quarters (average surprise -29924.7% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 30, 2026 | $0.32 | $0.38 | +18.8% | $209M | +3.6% |
| Feb 19, 2026 | $0.35 | $-418.71 | -119731.0% | $753.3B | +361520.2% |
| Oct 30, 2025 | $0.38 | $0.36 | -5.3% | $192M | -7.9% |
| Jul 29, 2025 | $0.32 | $0.38 | +18.8% | $180M | -5.4% |
| Feb 20, 2025 | $0.38 | $0.37 | -2.6% | $210M | +14.9% |
| Oct 31, 2024 | $0.34 | $0.43 | +26.5% | $194M | -4.8% |
| Aug 1, 2024 | $0.28 | $0.29 | +3.6% | $174M | +0.2% |
| Feb 28, 2024 | $0.24 | $0.38 | +58.3% | $165M | +7.4% |
| Nov 2, 2023 | $0.21 | $0.23 | +9.5% | $152M | +2.0% |
| Aug 2, 2023 | $0.06 | $0.16 | +166.7% | $146M | +3.5% |
| May 2, 2023 | $0.01 | $0.05 | +316.7% | $138M | +3.6% |
| Feb 23, 2023 | $0.04 | $0.19 | +355.6% | $157M | +6.8% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 30, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Bandwidth entered 2026 with historic momentum. In the first quarter, it exceeded expectations with record revenue and adjusted EBITDA. It is executing against a strategy to power mission-critical communications for the AI-driven enterprise. Partnership with Salesforce is significant, adding CRM as a new category of platforms it powers. Secured large wins in financial services, including two new million-dollar-plus deals. Messaging business saw additional high-volume messaging customer. Supporting an ecosystem of AI developers building vertical applications on its platform.
Guidance
Raised full-year 2026 guidance. Total revenue expected to be in the range of $880 million and $900 million, representing 18% growth. Cloud communications revenue expected to be in the range of $616 million and $624 million, representing 10% growth. Adjusted EBITDA outlook to be in the range of $119 million and $125 million, representing 31% growth. Non-GAAP EPS to be in the range of $1.77 and $1.83, representing growth of 26%. Second quarter 2026 expected revenue to be in the range of $214 million and $220 million, adjusted EBITDA in the range of $24 million and $27 million, non-GAAP EPS in the range of $0.35 and $0.37.
Segment performance
In the first quarter, total revenue was $209 million, up 20% year-over-year. Cloud communications revenue (total revenue less messaging surcharge revenue of $59 million) reached $150 million, a 13% year-over-year increase. Voice solutions revenue was $121 million, growing 12%, with global voice plans category up 12% and enterprise voice category up 14% to $13 million. Programmable messaging revenue rose 15% year-over-year to approximately $30 million. Net retention rate for the first quarter was 102%, adjusted commercial net retention rate was 110%, customer name retention well above 99%, and average annual revenue per customer reached a new high of $244,000.
Analyst Q&A
Q: Eric Suppiger from B. Reilly Securities asked about developments with frontier model providers like Google and OpenAI and integration.
A: Bandwidth is excited about voice focus of frontier models, can support voice agents utilizing them fully.
Q: Patrick Walravens from Citizens asked about Salesforce partnership and how Bandwidth makes money.
A: Salesforce is re-architecting contact center, Bandwidth makes money on usage-based model based on interactions.
Q: Joshua Riley from Needham asked about Global Voice Plan revenue growth drivers.
A: Broad-based adoption of AI and integration of voice agent technologies by customers, mix of existing customers and new entrants.
Q: Arjun Bhatia from William Blair asked about messaging growth drivers and AI impact.
A: Strong commercial and civic engagement messaging, performance not due to political in quarter, next billion users of global PSTN to be voice agents.
Q: Jim Fish from Piper Sandler asked about political messaging impact and cloud conversions.
A: No meaningful political impact this quarter, nothing about regulatory change augurs negatively for Bandwidth, Maestro platform can voice agent enable even with on-prem human agents software.