Bandwidth Revenue 2016-2024 | BAND
Bandwidth revenue from 2016 to 2024. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.
Bandwidth Annual Revenue (Millions of US $) |
2023 |
$601 |
2022 |
$573 |
2021 |
$491 |
2020 |
$343 |
2019 |
$233 |
2018 |
$204 |
2017 |
$163 |
2016 |
$152 |
2015 |
$138 |
Bandwidth Quarterly Revenue (Millions of US $) |
2024-06-30 |
$174 |
2024-03-31 |
$171 |
2023-12-31 |
$165 |
2023-09-30 |
$152 |
2023-06-30 |
$146 |
2023-03-31 |
$138 |
2022-12-31 |
$157 |
2022-09-30 |
$148 |
2022-06-30 |
$136 |
2022-03-31 |
$131 |
2021-12-31 |
$126 |
2021-09-30 |
$131 |
2021-06-30 |
$121 |
2021-03-31 |
$113 |
2020-12-31 |
$113 |
2020-09-30 |
$85 |
2020-06-30 |
$77 |
2020-03-31 |
$69 |
2019-12-31 |
$62 |
2019-09-30 |
$60 |
2019-06-30 |
$57 |
2019-03-31 |
$53 |
2018-12-31 |
$52 |
2018-09-30 |
$50 |
2018-06-30 |
$48 |
2018-03-31 |
$53 |
2017-12-31 |
$42 |
2017-09-30 |
$41 |
2017-06-30 |
$40 |
2017-03-31 |
$40 |
2016-12-31 |
|
2016-09-30 |
$39 |
2015-12-31 |
|
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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