Bandwidth's first-quarter performance was strong, with significant growth in revenue, particularly in Enterprise Voice and Global Voice Plans. The company successfully expanded its channel program and AI integrations, raising full-year guidance. However, there are concerns about slower growth in Programmable Messaging and macroeconomic volatility.

Company Guidance

In the first quarter of 2025, Bandwidth Inc. reported strong financial performance, surpassing both revenue and adjusted EBITDA expectations. The company recorded a total revenue of $174 million, marking a 7% year-over-year increase when normalized for cyclical political campaign revenue from 2024. Cloud communications revenue specifically grew by 6% year-over-year, also normalized for political campaign impacts. The non-GAAP gross profit reached $79 million, representing an 8% increase year-over-year, or 11% when adjusted for political revenue. Bandwidth's non-GAAP gross margin improved to 59%, a two-percentage-point increase, while EBITDA grew by 40% to $22 million. The company raised its full-year revenue outlook to a range of $745 million to $760 million, reflecting an increased organic growth outlook of 10% at the midpoint. The financial results were driven by strong demand in the enterprise voice, global voice plans, and programmable messaging segments, with notable traction in sectors like healthcare and financial services. The net retention rate stood at 116%, with customer name retention well above 99%, and the average annual revenue per customer reached a record $228,000.

Exceeding Top and Bottom Line Expectations

Bandwidth reported a strong start to 2025, with revenue and adjusted EBITDA exceeding the high end of their guidance. Revenue grew by 7% year-over-year to $174 million, and EBITDA increased by 40% to $22 million.

Enterprise Voice Growth and Key Wins

Enterprise Voice revenue grew by 26% year-over-year, driven by strong demand from financial services and healthcare sectors. Over half of enterprise customers are now utilizing the Maestro or AI Bridge platforms.

Expansion in Global Voice Plans

Global Voice Plans revenue grew 4% year-over-year, with new partnerships and expansions with existing clients like Microsoft and Zoom. The company expects this category to double its growth rate from last year.

Raising Full Year Guidance

The company raised its full-year revenue outlook to $745 million to $760 million, reflecting an increased organic growth outlook of 10% at the midpoint.

Successful Channel Expansion

Bandwidth expanded its channel program, securing multimillion dollar deals and expanding partnerships with MSPs and system integrators, contributing to significant enterprise transformations.

AI Integration and Innovation

Bandwidth's AI strategy is contributing to growth, with the Maestro AI Bridge simplifying the integration of AI voice solutions into existing workflows, leading to increased efficiency and customer satisfaction.

Awards and Recognitions

Bandwidth earned two Gold Stevie awards for innovation in customer service and customer engagement initiatives, reflecting their commitment to customer-centric operations.

---

Bandwidth (BAND) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

BAND Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 31, 2025	2025 (Q2)	0.33 / -	0.29	―	―	―
May 07, 2025	2025 (Q1)	0.27 / 0.36	0.27	33.33% (+0.09)
Feb 20, 2025	2024 (Q4)	0.39 / 0.37	0.38	-2.63% (-0.01)
Oct 31, 2024	2024 (Q3)	0.32 / 0.43	0.23	86.96% (+0.20)
Aug 01, 2024	2024 (Q2)	0.26 / 0.29	0.16	81.25% (+0.13)
May 07, 2024	2024 (Q1)	0.20 / 0.27	0.05	440.00% (+0.22)
Feb 28, 2024	2023 (Q4)	0.23 / 0.38	0.19	100.00% (+0.19)
Nov 02, 2023	2023 (Q3)	0.20 / 0.23	0.27	-14.81% (-0.04)
Aug 02, 2023	2023 (Q2)	0.04 / 0.16	-0.04	500.00% (+0.20)
May 02, 2023	2023 (Q1)	<0.01 / 0.05	0.09	-44.44% (-0.04)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

---

BAND Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 07, 2025	$12.28	$13.76	+12.05%
Feb 20, 2025	$18.27	$17.46	-4.43%
Oct 31, 2024	$18.84	$19.50	+3.50%
Aug 01, 2024	$22.82	$15.97	-30.02%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

---