Bandwidth Inc-A 2026年季度报告

FORM10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2026 OR For the transition period fromtoCommission File Number:001-38285BANDWIDTH INC.(Exact name of registrant as specified in its charter) (I.R.S. EmployerIdentification Number) 2230 Bandmate WayRaleigh, NC 27607(Address of principal executive offices) (Zip Code) (800) 808-5150(Registrant’s telephone number, including area code) Securities Registered Pursuant to Section 12(b) of the Act: Class A Common Stock, par value $0.001 per share Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d)of the Securities Exchange Act of 1934 duringthe preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements forthe past 90 days.YesNo☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 ofRegulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).YesNo☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or anemerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company”in Rule12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section13(a)of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☒ As of July24, 2026, 30,222,760 shares of the registrant’s ClassA common stock and 1,958,028 shares of the registrant’s ClassB common stock wereoutstanding. Table of Contents Special Note Regarding Forward-Looking Statements PART I - FINANCIAL INFORMATION Item1.Financial StatementsUnaudited Condensed Consolidated Balance Sheets as of June 30, 2026 and December 31, 2025Unaudited Condensed Consolidated Statements of Operations for the Three and Six Months Ended June30, 2026 and 2025Unaudited Condensed Consolidated Statements of Comprehensive (Loss) Income for the Three and SixMonths Ended June 30, 2026 and 2025Unaudited Condensed Consolidated Statements of Changes in Stockholders’EquityUnaudited Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2026and 2025Notes to Unaudited Condensed Consolidated Financial StatementsItem 2.Management’s Discussion and Analysis of Financial Condition and Results of OperationsItem 3.Quantitative and Qualitative Disclosures About Market RiskItem 4.Controls and Procedures PART II - OTHER INFORMATION Item1.Legal ProceedingsItem1A.Risk FactorsItem2.Unregistered Sales of Equity Securities and Use of ProceedsItem 5.Other InformationItem6.ExhibitsSignatures 505090929294 Special Note Regarding Forward-Looking Statements This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of theSecurities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended(the “Exchange Act”). All statements contained in this Quarterly Report on Form 10-Q, other than statements of historical fact, areforward-looking statements. Forward-looking statements generally can be identified by the words “may,” “will,” “expect,”“believe,” “anticipate,” “intend,” “could,” “would,” “project,” “plan,” “estimate,” or “continue,” or the negative of these words orother similar terms or expressions that concern our expectations strategy, plans or intentions. Forward-looking statementscontained in this Quarterly Report on Form 10-Q include, but are not limited to, statements about: •our beliefs regarding the impact of macroeconomic conditions, including inflationary and/or recessionary pressures, onour business and financial condition;•our ability to attract and retain customers, including large enterprises;•our approach to identifying, attracting and keeping new and existing customers, as well as our expectations regardingcustomer turnover;•our beliefs regarding network traffic growth and other trends related to the usage of our products and services;•the impact of our customers’ violation of applicable laws, our policies or other misuse of our platform;•our ability to successfully defend our network, systems and data against ever-evolving cybersecurity threats, includingdenial-of-service and ransomware attacks;•our expectations regarding revenue, costs, expenses, gross margin, net retention rate, Adjusted EBITDA, non-generallyaccepted accounting princi