Bandwidth Profit Margin 2016-2024 | BAND
Current and historical gross margin, operating margin and net profit margin for Bandwidth (BAND) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Bandwidth net profit margin as of June 30, 2024 is -2.23%.
| Bandwidth Annual Profit Margins |
| Bandwidth Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Communication Infrastructure |
$0.532B |
$0.601B |
|
Bandwidth operates as a Communications Platform-as-a-Service (CPaaS) provider, offering avant-garde software application programming interfaces for voice and messaging services. It is the only API platform provider that owns a Tier 1 network with enhanced network capacity, primarily catering to business enterprises. It delivers unparalleled network quality and proactively monitors network operations 24/7 to resolve quality issues, capitalizing on an efficient cost structure for seamless connectivity and speed-to-market. Technology companies like Microsoft, Cisco and Google leverages Bandwidth's API to embed voice, messaging and 911 access into software & applications. It has 2 units: CPaaS and Other. CPaaS unit leverages cloud-based software platform for superior communications services to deal the huge demand of Unified-Communications-as-a-Service services and Meeting Solutions. It revenues from voice usage & messaging services. Other unit derives revenues primarily from legacy services & indirect revenues.
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