Bandwidth Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-12.9M | $-6.5M | $-16.3M | $19.6M | $-27.4M | $-44.0M | $2.5M | $17.9M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $35.7M | $31.7M | $24.4M | $18.4M | $17.5M | $13.1M | $9.0M | $5.3M |
| Amortization | $18.1M | $17.5M | $17.3M | $17.2M | $19.1M | $3.7M | $520.0K | $554.0K |
| Stock-Based Compensation | $52.3M | $48.4M | $37.0M | $20.7M | $14.5M | $9.9M | $6.6M | $3.3M |
| Net Cash from Operating Activities | $89.5M | $83.9M | $39.0M | $34.9M | $40.8M | $4.5M | $-1.3M | $24.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $22.3M | $14.0M | $9.3M | $41.7M | $17.7M | $12.3M | $22.2M | $12.4M |
| Business Acquisitions | — | — | — | $0 | $0 | $400.5M | $0 | $0 |
| Net Cash from Investing Activities | $-39.1M | $-1.4M | $30.8M | $-133.4M | $2.8M | $-455.1M | $-7.7M | $-31.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-29.1M | $-131.3M | $-52.8M | $-120.0M | $207.0M | $346.9M | $152.4M | $10.7M |
| Net Change in Cash | $20.9M | $-50.1M | $17.7M | $-217.7M | $250.9M | $-103.6M | $143.5M | $3.6M |
| Free Cash Flow | $67.2M | $69.9M | $29.7M | $-6.8M | $23.1M | $-7.8M | $-23.5M | $12.2M |