Bandwidth Inc. Announces First Quarter 2026 Financial Results

Bandwidth Inc. reported strong financial results for the first quarter ended March 31, 2026, with record quarterly revenue of $209 million, a 20% increase year-over-year, and Adjusted EBITDA of $26 million, up 17% year-over-year. The company has raised its full-year 2026 outlook due to accelerating AI-driven platform adoption, strong momentum with large enterprises including a significant deal with Salesforce for its Agentforce Contact Center, and disciplined capital allocation. Key financial highlights include a non-GAAP gross margin of 59%, net income of $4.1 million, and an increase in non-GAAP net income to $12.5 million. The company also announced strategic customer wins and provided guidance for the second quarter and full year 2026, projecting revenue between $880-$900 million and Adjusted EBITDA between $119-$125 million for the full year. Bandwidth continues to strengthen its balance sheet and invest in its platform to capitalize on the AI opportunity.