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Bandwidth Valuation Multiples
Discover revenue and EBITDA valuation multiples for Bandwidth and similar public comparables like Beijing Seeyon Internet, Sprout Social, Truecaller, Agora and more.
Bandwidth Overview
About Bandwidth
Bandwidth Inc is cloud-based communications platform-as-a-service (CPaaS) provider that enables enterprises to create, scale and operate voice or messaging communications services across any mobile application or connected device. Company earns revenue through the sale of communications services offered through Application Programming Interface software solutions to enterprise customers. The majority of the company's revenue is generated from usage-based fees that includes voice communication and messaging communication that traverse the platform and network.
Founded
2001
HQ
Employees
1.1K
Website
Financials (LTM)
EV
$830M
Bandwidth Financials
Bandwidth reported last 12-month revenue of $779M and EBITDA of $99M.
In the same LTM period, Bandwidth generated $328M in gross profit, $99M in EBITDA, and $50M in net income.
Revenue (LTM)
Bandwidth P&L
In the most recent fiscal year, Bandwidth reported revenue of $754M and EBITDA of $93M.
Bandwidth expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $779M | XXX | $754M | XXX | XXX | XXX |
| Gross Profit | $328M | XXX | $295M | XXX | XXX | XXX |
| Gross Margin | 42% | XXX | 39% | XXX | XXX | XXX |
| EBITDA | $99M | XXX | $93M | XXX | XXX | XXX |
| EBITDA Margin | 13% | XXX | 12% | XXX | XXX | XXX |
| EBIT Margin | 8% | XXX | 8% | XXX | XXX | XXX |
| Net Profit | $50M | XXX | $46M | XXX | XXX | XXX |
| Net Margin | 6% | XXX | 6% | XXX | XXX | XXX |
| Net Debt | — | — | $152M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Bandwidth Stock Performance
Bandwidth has current market cap of $461M, and enterprise value of $830M.
Market Cap Evolution
Bandwidth's stock price is $15.11.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $830M | $461M | 0.0% | XXX | XXX | XXX | $1.50 |
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Start Free TrialBandwidth Valuation Multiples
Bandwidth trades at 1.1x EV/Revenue multiple, and 8.4x EV/EBITDA.
EV / Revenue (LTM)
Bandwidth Financial Valuation Multiples
As of March 17, 2026, Bandwidth has market cap of $461M and EV of $830M.
Equity research analysts estimate Bandwidth's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Bandwidth has a P/E ratio of 9.3x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $461M | XXX | $461M | XXX | XXX | XXX |
| EV (current) | $830M | XXX | $830M | XXX | XXX | XXX |
| EV/Revenue | 1.1x | XXX | 1.1x | XXX | XXX | XXX |
| EV/EBITDA | 8.4x | XXX | 8.9x | XXX | XXX | XXX |
| EV/EBIT | 12.8x | XXX | 13.6x | XXX | XXX | XXX |
| EV/Gross Profit | 2.5x | XXX | 2.8x | XXX | XXX | XXX |
| P/E | 9.3x | XXX | 10.0x | XXX | XXX | XXX |
| EV/FCF | 13.0x | XXX | 14.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Bandwidth Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Bandwidth Margins & Growth Rates
Bandwidth's revenue in the last 12 month grew by 13%.
Bandwidth's revenue per employee in the last FY averaged $0.7M.
Bandwidth's rule of 40 is 26% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Bandwidth's rule of X is 46% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Bandwidth Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 13% | XXX | 16% | XXX | XXX | XXX |
| EBITDA Margin | 13% | XXX | 12% | XXX | XXX | XXX |
| EBITDA Growth | 23% | XXX | 28% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 26% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 46% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.7M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 12% | XXX | 14% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 7% | XXX | 10% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 14% | XXX | 18% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 41% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Bandwidth Public Comps
See public comps and valuation multiples for other Communication & Collaboration Software comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Beijing Seeyon Internet | XXX | XXX | XXX | XXX | XXX | XXX |
| Sprout Social | XXX | XXX | XXX | XXX | XXX | XXX |
| Truecaller | XXX | XXX | XXX | XXX | XXX | XXX |
| Agora | XXX | XXX | XXX | XXX | XXX | XXX |
| Consensus Cloud | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Bandwidth M&A Activity
Bandwidth acquired XXX companies to date.
Last acquisition by Bandwidth was on XXXXXXXX, XXXXX. Bandwidth acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Bandwidth
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
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Start Free TrialBandwidth Investment Activity
Bandwidth invested in XXX companies to date.
Bandwidth made its latest investment on XXXXXXXX, XXXXX. Bandwidth invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Bandwidth
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Bandwidth
| When was Bandwidth founded? | Bandwidth was founded in 2001. |
| Where is Bandwidth headquartered? | Bandwidth is headquartered in United States. |
| How many employees does Bandwidth have? | As of today, Bandwidth has over 1K employees. |
| Who is the CEO of Bandwidth? | Bandwidth's CEO is David A. Morken. |
| Is Bandwidth publicly listed? | Yes, Bandwidth is a public company listed on Nasdaq. |
| What is the stock symbol of Bandwidth? | Bandwidth trades under BAND ticker. |
| When did Bandwidth go public? | Bandwidth went public in 2017. |
| Who are competitors of Bandwidth? | Bandwidth main competitors are Beijing Seeyon Internet, Sprout Social, Truecaller, Agora. |
| What is the current market cap of Bandwidth? | Bandwidth's current market cap is $461M. |
| What is the current revenue of Bandwidth? | Bandwidth's last 12 months revenue is $779M. |
| What is the current revenue growth of Bandwidth? | Bandwidth revenue growth (NTM/LTM) is 13%. |
| What is the current EV/Revenue multiple of Bandwidth? | Current revenue multiple of Bandwidth is 1.1x. |
| Is Bandwidth profitable? | Yes, Bandwidth is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Bandwidth? | Bandwidth's last 12 months EBITDA is $99M. |
| What is Bandwidth's EBITDA margin? | Bandwidth's last 12 months EBITDA margin is 13%. |
| What is the current EV/EBITDA multiple of Bandwidth? | Current EBITDA multiple of Bandwidth is 8.4x. |
| What is the current FCF of Bandwidth? | Bandwidth's last 12 months FCF is $64M. |
| What is Bandwidth's FCF margin? | Bandwidth's last 12 months FCF margin is 8%. |
| What is the current EV/FCF multiple of Bandwidth? | Current FCF multiple of Bandwidth is 13.0x. |
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