Bandwidth Reports Record Q3 2026 Revenue Driven by Enterprise Wins and AI Demand
Bandwidth (BAND) reported record third-quarter 2026 revenue of $234 million, highlighted by a 43% year-over-year increase in adjusted EBITDA. The company's ownership of its global telecommunications network allows it to benefit from increased call volumes driven by 'super intelligence' (conversational voice AI) without incurring the high computing fees typically associated with AI model inference. Management noted significant momentum through enterprise contract wins, including 11 deals exceeding $1 million in annual contract value (ACV) since the start of the year. Additionally, Bandwidth's software orchestration layer, Maestro, reached over $30 million in annual recurring revenue (ARR). The company expects a growth turning point in Q4 2026 with continued momentum throughout 2027.
Topics: artificial intelligence enterprise contracts revenue growth telecommunications infrastructure