Bandwidth Inc.
Cash Flow Statement
| Line Item | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $4.1M | $-3.0M | $-1.2M | $-4.9M | $-3.7M | $-1.8M | $413.0K | $4.1M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $9.8M | $9.5M | $9.2M | $8.8M | $8.2M | $7.7M | $8.0M | $8.0M |
| Amortization | $7.6M | $4.6M | $4.6M | $4.6M | $4.3M | $4.4M | $4.4M | $4.3M |
| Stock-Based Compensation | $13.0M | $13.9M | $12.3M | $12.5M | $13.6M | $13.2M | $11.4M | $11.4M |
| Net Cash from Operating Activities | $8.8M | $38.6M | $22.2M | $31.7M | $-3.1M | $36.5M | $20.5M | $24.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $7.1M | $5.1M | $6.3M | $3.6M | $7.4M | $3.4M | $3.5M | $3.8M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-3.9M | $-9.0M | $-8.0M | $-8.2M | $-13.8M | $-3.1M | $7.0M | $21.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $5.0M | — | — | — | $0 | — | — | — |
| Net Cash from Financing Activities | $-59.8M | $8.0K | $-9.0K | $-34.0K | $-29.0M | $-25.1M | $-15.1M | $-89.2M |
| Net Change in Cash | $-55.7M | $29.5M | $13.3M | $24.2M | $-46.1M | $7.0M | $13.0M | $-43.3M |
| Free Cash Flow | $1.7M | $33.5M | $16.0M | $28.2M | $-10.5M | $33.2M | $17.0M | $20.6M |