Quick Answer
Bandwidth Inc. reported R&D Expense of $132.52 million for fiscal year 2025.
Bandwidth Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $132.52M | +11.7% |
| 2024 | $118.63M | +13.9% |
| 2023 | $104.19M | +6.3% |
| 2022 | $97.99M | +41.0% |
| 2021 | $69.50M | +27.4% |
| 2020 | $54.55M | +73.4% |
| 2019 | $31.46M | +50.6% |
| 2018 | $20.90M | +93.7% |
| 2017 | $10.79M | +26.6% |
| 2016 | $8.52M | +15.5% |
| 2015 | $7.38M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $33.01M | +9.4% | +4.0% |
| June 30, 2025 | $31.75M | +12.9% | +3.6% |
| March 31, 2025 | $30.63M | +5.9% | +1.5% |
| September 30, 2024 | $30.17M | +21.7% | +7.2% |
| June 30, 2024 | $28.13M | +13.2% | -2.7% |
| March 31, 2024 | $28.91M | +12.7% | +16.6% |
| September 30, 2023 | $24.79M | -1.0% | -0.2% |
| June 30, 2023 | $24.85M | +2.4% | -3.2% |
- Bandwidth Inc. showed an increase of +11.7% in R&D Expense compared to the prior fiscal year.
- Over the 2015–2025 period, Bandwidth Inc.’s r&d expense has grown by 1696.8% (from $7.38 million to $132.52 million).
- The most recent figure is from Bandwidth Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 19, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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