Bandwidth Debt-to-Equity Ratio Growth & History (BAND)
Bandwidth's debt-to-equity ratio was 1.18 for fiscal 2025.
View full Bandwidth company overviewBandwidth annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.18 | −0.43 | −26.68% |
| 2024 | 2024-12-31 | 1.61 | −0.56 | −25.65% |
| 2023 | 2023-12-31 | 2.17 | 0.36 | +19.67% |
| 2022 | 2022-12-31 | 1.81 | 0.59 | +48.39% |
| 2021 | 2021-12-31 | 1.22 | 0.51 | +71.83% |
| 2020 | 2020-12-31 | 0.71 | 0.62 | +675.33% |
| 2019 | 2019-12-31 | 0.09 | 0.09 | — |
| 2018 | 2018-12-31 | 0.00 | 0.00 | — |
| 2017 | 2017-12-31 | 0.00 | — | — |
Bandwidth quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.47 | 0.24 | +19.31% |
| Q1 2026 | 2026-03-31 | 0.92 | −0.45 | −32.71% |
| Q4 2025 | 2025-12-31 | 1.18 | −0.43 | −26.68% |
| Q3 2025 | 2025-09-30 | 1.20 | −0.30 | −19.75% |
| Q2 2025 | 2025-06-30 | 1.23 | −0.41 | −25.14% |
| Q1 2025 | 2025-03-31 | 1.37 | −0.79 | −36.76% |
| Q4 2024 | 2024-12-31 | 1.61 | −0.56 | −25.65% |
| Q3 2024 | 2024-09-30 | 1.50 | −0.81 | −35.05% |
| Q2 2024 | 2024-06-30 | 1.64 | 0.18 | +12.41% |
| Q1 2024 | 2024-03-31 | 2.16 | 0.68 | +46.13% |
| Q4 2023 | 2023-12-31 | 2.17 | 0.36 | +19.67% |
| Q3 2023 | 2023-09-30 | 2.31 | −1.04 | −31.10% |
| Q2 2023 | 2023-06-30 | 1.46 | −1.51 | −50.80% |
| Q1 2023 | 2023-03-31 | 1.48 | −1.12 | −43.19% |
| Q4 2022 | 2022-12-31 | 1.81 | 0.59 | +48.39% |
| Q3 2022 | 2022-09-30 | 3.35 | 2.19 | +188.40% |
| Q2 2022 | 2022-06-30 | 2.97 | 1.86 | +168.17% |
| Q1 2022 | 2022-03-31 | 2.60 | 1.50 | +136.67% |
| Q4 2021 | 2021-12-31 | 1.22 | 0.51 | +71.83% |
| Q3 2021 | 2021-09-30 | 1.16 | 0.21 | +21.80% |
| Q2 2021 | 2021-06-30 | 1.11 | 0.16 | +17.39% |
| Q1 2021 | 2021-03-31 | 1.10 | 0.21 | +23.55% |
| Q4 2020 | 2020-12-31 | 0.71 | 0.62 | +675.33% |
| Q3 2020 | 2020-09-30 | 0.95 | 0.95 | — |
| Q2 2020 | 2020-06-30 | 0.94 | 0.94 | — |
| Q1 2020 | 2020-03-31 | 0.89 | 0.89 | — |
| Q4 2019 | 2019-12-31 | 0.09 | 0.09 | — |
| Q3 2019 | 2019-09-30 | 0.00 | −0.00 | — |
| Q2 2019 | 2019-06-30 | 0.00 | −0.00 | — |
| Q1 2019 | 2019-03-31 | 0.00 | −0.00 | — |
| Q4 2018 | 2018-12-31 | 0.00 | 0.00 | — |
| Q3 2018 | 2018-09-30 | 0.00 | — | — |
| Q2 2018 | 2018-06-30 | 0.00 | — | — |
| Q1 2018 | 2018-03-31 | 0.00 | — | — |
| Q4 2017 | 2017-12-31 | 0.00 | — | — |
Bandwidth debt-to-equity ratio trends
Over the last five fiscal years, Bandwidth's debt-to-equity ratio increased from 0.71 to 1.18, a change of 0.47. The latest reported quarter, Q2 2026, shows 1.47.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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