Bandwidth Reports Strong Q2 Results and Raises Full-Year Outlook
Bandwidth Inc. (NASDAQ:BAND) reported second-quarter revenue of $220 million, a 22% increase year-over-year, driven by strong demand for AI-enabled communications services. Adjusted EBITDA rose to $28 million with an impressive margin of 18.3%. The company secured five major customer wins or expansions exceeding $1 million each, all involving its Maestro platform or AI-related offerings. Bandwidth also announced the start of revenue generation from its partnership with Salesforce and launched a new product called Bandwidth Build. As part of its financial strategy, it raised its full-year 2026 revenue forecast to between $900 million and $910 million and adjusted EBITDA outlook to $123–$125 million. CEO David Morken emphasized the growing importance of AI in shaping communications infrastructure decisions. The company is also repurchasing shares and refinancing part of its convertible debt, signaling confidence in future performance.
Tickers: $BAND
Topics: AI adoption customer wins EBITDA performance revenue growth