Ceragon Networks Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	38.37	35.31	28.24	22.95	17.08
Cash & Short-Term Investments	38.37	35.31	28.24	22.95	17.08
Cash Growth	8.66%	25.05%	23.05%	34.36%	-36.98%
Accounts Receivable	99.67	149.62	104.32	100.03	107.83
Other Receivables	25.58	5.36	6.26	7.87	9.02
Receivables	125.25	154.97	110.58	107.9	116.85
Inventory	61.59	59.69	68.81	72.01	61.4
Prepaid Expenses	-	1.37	1.44	0.92	0.56
Other Current Assets	-	9.69	8.87	6.97	7.6
Total Current Assets	225.2	261.04	217.94	210.75	203.48
Property, Plant & Equipment	56.51	53.47	49.5	47.42	49.62
Goodwill	11.01	7.75	7.75	-	-
Other Intangible Assets	23.18	16.79	16.4	8.21	6.27
Long-Term Accounts Receivable	-	-	-	-	10.48
Other Long-Term Assets	1.14	5.95	6.94	22.95	22.71
Total Assets	317.04	345	298.53	289.32	292.56
Accounts Payable	70.78	91.16	67.03	67.38	69.44
Accrued Expenses	-	21.92	18.93	14.24	16.43
Short-Term Debt	19	25.2	32.6	37.5	14.8
Current Portion of Leases	4	2.97	3.89	3.75	4.36
Current Unearned Revenue	2.37	2.57	5.51	3.34	3.38
Other Current Liabilities	24.07	7.63	4.99	6.63	7.28
Total Current Liabilities	120.23	151.45	132.95	132.84	115.68
Long-Term Leases	13.33	12.94	13.72	13.19	17.21
Long-Term Unearned Revenue	-	-	0.67	11.55	9.28
Other Long-Term Liabilities	10.73	14.29	17.17	11.97	13.24
Total Liabilities	144.29	178.67	164.51	169.54	155.41
Common Stock	0.23	0.23	0.22	0.22	0.22
Additional Paid-In Capital	454.64	447.37	437.16	432.21	428.24
Retained Earnings	-253.22	-251.13	-275.19	-281.41	-261.72
Treasury Stock	-20.09	-20.09	-20.09	-20.09	-20.09
Comprehensive Income & Other	-8.82	-10.06	-8.09	-11.16	-9.51
Shareholders' Equity	172.75	166.33	134.02	119.78	137.15
Total Liabilities & Equity	317.04	345	298.53	289.32	292.56
Total Debt	36.33	41.11	50.21	54.43	36.37
Net Cash (Debt)	2.04	-5.8	-21.97	-31.48	-19.29
Net Cash Per Share	0.02	-0.07	-0.26	-0.37	-0.23
Filing Date Shares Outstanding	90.61	88.84	85.56	84.36	84
Total Common Shares Outstanding	90.61	88.39	85.42	84.35	83.93
Working Capital	104.98	109.59	84.99	77.91	87.8
Book Value Per Share	1.91	1.88	1.57	1.42	1.63
Tangible Book Value	138.56	141.79	109.87	111.58	130.88
Tangible Book Value Per Share	1.53	1.60	1.29	1.32	1.56
Machinery	-	175.56	160.28	145.89	135.81
Leasehold Improvements	-	2.58	1.95	1.69	1.46

Source: S&P Global Market Intelligence. Standard template. Financial Sources.