Bandwidth Gross Profit 2016-2023 | BAND
Bandwidth gross profit from 2016 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
Bandwidth Annual Gross Profit
(Millions of US $) |
| 2023 |
$236 |
| 2022 |
$238 |
| 2021 |
$214 |
| 2020 |
$154 |
| 2019 |
$108 |
| 2018 |
$96 |
| 2017 |
$74 |
| 2016 |
$67 |
| 2015 |
$59 |
Bandwidth Quarterly Gross Profit
(Millions of US $) |
| 2023-12-31 |
$62 |
| 2023-09-30 |
$59 |
| 2023-06-30 |
$59 |
| 2023-03-31 |
$56 |
| 2022-12-31 |
$64 |
| 2022-09-30 |
$63 |
| 2022-06-30 |
$55 |
| 2022-03-31 |
$55 |
| 2021-12-31 |
$52 |
| 2021-09-30 |
$57 |
| 2021-06-30 |
$53 |
| 2021-03-31 |
$51 |
| 2020-12-31 |
$48 |
| 2020-09-30 |
$39 |
| 2020-06-30 |
$35 |
| 2020-03-31 |
$32 |
| 2019-12-31 |
$29 |
| 2019-09-30 |
$27 |
| 2019-06-30 |
$27 |
| 2019-03-31 |
$25 |
| 2018-12-31 |
$24 |
| 2018-09-30 |
$23 |
| 2018-06-30 |
$22 |
| 2018-03-31 |
$28 |
| 2017-12-31 |
$20 |
| 2017-09-30 |
$19 |
| 2017-06-30 |
$17 |
| 2017-03-31 |
$18 |
| 2016-12-31 |
|
| 2016-09-30 |
$17 |
| 2015-12-31 |
|
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Communication Infrastructure |
$0.474B |
$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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