Company / R&D Expense
Bandwidth Inc. R&D Expense History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$132.5M
FY2025
5-year range
$69.5M / $132.5M
FY2021-FY2025
Trend
+11.7%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
R&D Expense has increased for 8 consecutive years, from $11M in FY2017 to $133M in FY2025.
Based on SEC 10-K filings.
$133M in FY2025 with a 5-year CAGR of +19.4%.
Improved from $104M to $133M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +10.6%
- 5-Year CAGR
- +19.4%
- 10-Year CAGR
- -
Key checks
Key Insights
- Bandwidth Inc.'s r&d expense has grown for 8 consecutive years.
- 5-year CAGR of +19.4%, indicating consistent growth.
- In FY2025, r&d expense increased 11.7% year-over-year.
- Lowest r&d expense in the period was in FY2017.
Company context
Key Data Points
- Altman Z-Score 0.91 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $132.5M | +11.7% |
| FY2024 | $118.6M | +13.9% |
| FY2023 | $104.2M | +6.3% |
| FY2022 | $98.0M | +41.0% |
| FY2021 | $69.5M | +27.4% |
| FY2020 | $54.6M | +73.4% |
| FY2019 | $31.5M | +50.6% |
| FY2018 | $20.9M | +93.7% |
| FY2017 | $10.8M | - |
As of FY2025 · SEC Form 10-K · Last checked Jun 21, 2026