BANDWIDTH INC.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 |
|---|---|---|---|
| Revenue | $163.0M | $152.1M | $137.8M |
| Cost of Revenue | $89.3M | $85.2M | $79.2M |
| Gross Profit | $73.7M | $66.9M | $58.6M |
| Gross Margin | 45.2% | 44.0% | 42.5% |
| Operating Expenses | |||
| Research & Development | $10.8M | $8.5M | $7.4M |
| SG&A Expense | $37.1M | $33.9M | $34.6M |
| Operating Income | $14.6M | $15.2M | $8.0M |
| Operating Margin | 9.0% | 10.0% | 5.8% |
| Interest Expense | — | — | — |
| Pretax Income | $12.9M | $14.3M | $7.4M |
| Income Tax Expense | $6.9M | $-11.1M | $408.0K |
| Net Income | $6.0M | $22.4M | $-6.7M |
| Net Margin | 3.7% | 14.7% | -4.9% |
| EPS (Basic) | $0.42 | $1.66 | $-0.50 |
| EPS (Diluted) | $0.37 | $1.51 | $-0.47 |
| Shares Outstanding (Basic) | 12.6M | 11.7M | 11.5M |
| Shares Outstanding (Diluted) | 14.5M | 12.9M | 12.5M |
| Dividends Per Share | $0.00 | — | — |