Bandwidth Inc. (BAND) financial statements (2021 and earlier)

Company profile

Business Address 900 MAIN CAMPUS DRIVE
RALEIGH, NC 27606
State of Incorp. DE
Fiscal Year End December 31
SIC 7372 - Prepackaged Software (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1845938
Cash and cash equivalents1844138
Short-term investments 17 
Receivables302421
Deferred costs233
Other undisclosed current assets1064
Total current assets:2279165
Noncurrent Assets
Operating lease, right-of-use asset21
Property, plant and equipment422515
Intangible assets, net (including goodwill)131415
Goodwill777
Intangible assets, net (excluding goodwill)778
Deferred costs222
Deferred income tax assets35
Other noncurrent assets211
Other undisclosed noncurrent assets 177
Total noncurrent assets:1145939
TOTAL ASSETS:341150104
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities322519
Accounts payable433
Accrued liabilities272116
Deferred revenue5
Debt5 0
Deferred revenue and credits6
Contract with customer, liability8
Other undisclosed current liabilities4  
Total current liabilities:463325
Noncurrent Liabilities
Long-term debt and lease obligation20  
Operating lease, liability20
Liabilities, other than long-term debt693
Deferred revenue and credits3
Deferred revenue6
Contract with customer, liability6
Deferred rent credit 3
Other liabilities  1
Total noncurrent liabilities:2693
Total liabilities:714228
Stockholders' equity
Stockholders' equity attributable to parent, including:27010977
Additional paid in capital276117102
Accumulated other comprehensive income (loss)0(0) 
Accumulated deficit(6)(8)(26)
Other undisclosed stockholders' equity attributable to parent000
Total stockholders' equity:27010977
TOTAL LIABILITIES AND EQUITY:341150104

Income statement (P&L) ($ in millions)

12/31/2019
12/31/2018
12/31/2017
Revenues233204163
Revenue, net163
Cost of revenue(125)(108)(89)
Cost of goods and services sold(125) (76)
Other cost of operating revenue  (13)
Gross profit:1089674
Operating expenses(125)(89)(59)
Operating income (loss):(18)715
Nonoperating income20 
Other nonoperating income20 
Interest and debt expense(0)(0)(0)
Other undisclosed income from continuing operations before equity method investments, income taxes0  
Income (loss) from continuing operations before equity method investments, income taxes:(15)714
Other undisclosed income (loss) from continuing operations before income taxes 0(1)
Income (loss) from continuing operations before income taxes:(15)713
Income tax expense (benefit)1811(7)
Net income attributable to parent:2186
Undistributed earnings (loss) allocated to participating securities, basic  (1)
Net income available to common stockholders, diluted:2185

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
Net income:2186
Other comprehensive loss (0) 
Comprehensive income:2186
Other undisclosed comprehensive income, net of tax, attributable to parent0  
Comprehensive income, net of tax, attributable to parent:3186

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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