Bandwidth Inc. (NASDAQ: BAND) reported third-quarter 2026 revenue of $234.0 million, up 22% from $191.9 million a year earlier. GAAP net income was $5.2 million, compared with a net loss of $1.2 million in the prior-year quarter.
Basic earnings per share were $0.16 and diluted earnings per share were $0.13 for the quarter ended September 30, 2026. The company reaffirmed full-year 2026 revenue guidance of $905 million to $910 million.
- Adjusted EBITDA was $34.8 million, versus $24.3 million a year earlier.
- Net cash provided by operating activities was $37.7 million, while free cash flow was $33.0 million.
- Full-year 2026 adjusted EBITDA guidance is $124 million to $125 million.
- Bandwidth said its 2027 outlook calls for double-digit Cloud Communications revenue growth driven by voice usage demand.
$BAND Insider Trading Activity
$BAND insiders have traded $BAND stock on the open market 87 times in the past 6 months. Of those trades, 0 have been purchases and 87 have been sales.
Here’s a breakdown of recent trading of $BAND stock by insiders over the last 6 months:
- DEVESH AGARWAL (Chief Operating Officer) has made 0 purchases and 11 sales selling 62,108 shares for an estimated $3,216,935.
- REBECCA BOTTORFF (Chief People Officer) has made 0 purchases and 7 sales selling 64,849 shares for an estimated $3,186,014.
- RICHARD BRANDON ASBILL (General Counsel) has made 0 purchases and 8 sales selling 52,827 shares for an estimated $3,182,123.
- DARYL E RAIFORD (Chief Financial Officer) has made 0 purchases and 23 sales selling 34,403 shares for an estimated $2,073,049.
- DEVIN M KRUPKA (Controller, PAO) has made 0 purchases and 11 sales selling 24,348 shares for an estimated $1,428,804.
- KADE ROSS (Chief Information Officer) has made 0 purchases and 16 sales selling 21,204 shares for an estimated $958,864.
- DAVID A. MORKEN (Chairman & CEO) has made 0 purchases and 5 sales selling 9,760 shares for an estimated $524,593.
- LUKAS M. ROUSH has made 0 purchases and 4 sales selling 10,196 shares for an estimated $488,706.
- DOUGLAS A SURIANO has made 0 purchases and 2 sales selling 4,000 shares for an estimated $212,362.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$BAND Hedge Fund Activity
We have seen 166 institutional investors add shares of $BAND stock to their portfolio, and 81 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HOOD RIVER CAPITAL MANAGEMENT LLC added 2,295,924 shares (+inf%) to their portfolio in Q2 2026, for an estimated $145,331,989
- DRIEHAUS CAPITAL MANAGEMENT LLC added 1,388,899 shares (+inf%) to their portfolio in Q2 2026, for an estimated $87,917,306
- D. E. SHAW & CO., INC. added 924,142 shares (+238.9%) to their portfolio in Q2 2026, for an estimated $58,498,188
- CYPRESS POINT INVESTMENT MANAGEMENT LP removed 807,618 shares (-51.0%) from their portfolio in Q2 2026, for an estimated $51,122,219
- JANE STREET GROUP, LLC added 630,572 shares (+701.8%) to their portfolio in Q2 2026, for an estimated $39,915,207
- DIMENSIONAL FUND ADVISORS LP removed 613,345 shares (-39.5%) from their portfolio in Q2 2026, for an estimated $38,824,738
- WELLINGTON MANAGEMENT GROUP LLP added 530,182 shares (+138.9%) to their portfolio in Q2 2026, for an estimated $33,560,520
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
