The beat-and-raise quarter with accelerating revenue growth and margin expansion is a strong bullish signal. Traders should watch for continued enterprise AI adoption momentum and potential further guidance raises in Q3. The increased restricted payment capacity signals financial flexibility for potential M&A or buybacks.
Price Chart
Executive Summary
Bandwidth Q2 2026 results beat consensus with revenue of $220M (+22% YoY) and Non-GAAP EPS of $0.37, slightly above the $0.36 estimate. The company raised its full-year 2026 revenue guidance to $900-$910M and Adjusted EBITDA guidance to $123-$125M, signaling accelerating AI-driven demand. The filing also includes a credit agreement amendment doubling the annual restricted payment limit to $40M and the planned retirement of General Counsel R. Brandon Asbill, both of which are routine and neutral in impact.
Key Financial Metrics
Key Facts
- Revenue of $220M, up 22% YoY, a record quarterly result
- Non-GAAP EPS of $0.37 beat consensus of $0.36
- Full-year 2026 revenue guidance raised to $900-$910M from prior $880-$900M
- Full-year 2026 Adjusted EBITDA guidance raised to $123-$125M from $119-$125M
- Record Adjusted EBITDA of $28M, up 27% YoY, with record margin of 18%
- Credit agreement amended to double annual restricted payment capacity to $40M
- General Counsel R. Brandon Asbill to retire effective Dec 31, 2026
Financial Impact
Revenue beat by $3M vs consensus; guidance raised by $20M at midpoint for full-year revenue and $2M for Adjusted EBITDA
Risk Factors
- GAAP net income remains thin at $2.4M for the quarter
- Diluted share count increased significantly (Non-GAAP diluted shares up ~18% YoY)
- Gross margin contracted to 36% from 40% YoY due to mix shift
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001514416-26-000055 |
| Document: band-20260724.htm | 0001514416-26-000055 |
| Document: 0001514416-26-000055-index-headers.html | 0001514416-26-000055 |
| Document: 0001514416-26-000055-index.html | 0001514416-26-000055 |
| Document: 0001514416-26-000055.txt | 0001514416-26-000055 |
| 8-K Data (Synthetic) | 0001514416-26-000055 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 17d ago | 8-K | $50.08 $50.23 | ▲ +0.30% | ▼ −0.52% | $63.74 (+27.28%) |
Sep 15, 2026 17d ago | Press Release | $50.08 $50.23 | ▲ +0.30% | ▼ −0.52% | $63.74 (+27.28%) |
Sep 4, 2026 28d ago | 8-K | $43.77 $48.97 | ▲ +11.88% | ▲ +13.09% | $63.74 (+45.62%) |
Sep 3, 2026 29d ago | Insider Cluster | $47.09 $56.87 | ▲ +20.77% | ▲ +21.92% | $63.74 (+35.36%) |
Sep 2, 2026 4w ago | Insider Cluster | $47.09 $56.87 | ▲ +20.77% | ▲ +21.92% | $63.74 (+35.36%) |
Sep 1, 2026 4w ago | Insider Cluster | $50.79 $48.83 | ▼ −3.86% | ▼ −3.94% | $63.74 (+25.50%) |
Aug 28, 2026 5w ago | 144 | $49.00 $43.77 | ▼ −10.67% | ▼ −10.78% | $63.74 (+30.08%) |
Aug 18, 2026 6w ago | Insider Cluster | $52.30 $46.89 | ▼ −10.34% | ▼ −9.96% | $63.74 (+21.87%) |
Jul 29, 2026 9w ago | 8-K | $36.95 $45.67 | ▲ +23.60% | ▲ +18.07% | $63.74 (+72.50%) |
Jun 16, 2026 15w ago | 8-K | $51.78 $52.73 | ▲ +1.83% | ▲ +4.07% | $63.74 (+23.10%) |
US Market Status
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