AudioCodes Income Statement

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
Revenue	245.6	242.18	244.38	275.09	248.92
Revenue Growth (YoY)	1.42%	-0.90%	-11.16%	10.51%	12.75%
Cost of Revenue	85.97	84.02	86.03	96.32	78.03
Gross Profit	159.63	158.16	158.35	178.78	170.89
Selling, General & Admin	-93	-88.85	-86.76	-87.62	-77.97
Research & Development	-52.59	-52.13	-57.17	-59.84	-53.4
Operating Income	14.04	17.19	14.42	31.32	39.52
Total Non-Operating Income (Expense)	-0.46	-2.1	-0.05	2.86	0.12
Pretax Income	13.58	15.1	14.37	34.18	39.65
Provision for Income Taxes	4.62	0.22	-5.59	-5.72	-5.9
Net Income	8.96	15.31	8.78	28.47	33.75
Net Income to Common	8.96	15.31	8.78	28.47	33.75
Net Income Growth	-41.51%	74.39%	-69.16%	-15.66%	23.87%
Shares Outstanding (Basic)	28	30	31	32	33
Shares Outstanding (Diluted)	29	31	32	33	34
Shares Change (YoY)	-5.39%	-2.99%	-2.83%	-3.98%	2.83%
EPS (Basic)	0.31	0.51	0.28	0.89	1.03
EPS (Diluted)	0.31	0.50	0.28	0.88	1.00
EPS Growth	-38.00%	78.57%	-68.18%	-12.00%	20.48%
Free Cash Flow	22.89	10.97	8.93	6.79	46.17
Free Cash Flow Growth	108.59%	22.93%	31.38%	-85.28%	24.97%
Free Cash Flow Per Share	0.79	0.36	0.28	0.21	1.36
Dividends Per Share	0.400	0.360	0.360	0.360	0.350
Dividend Growth	11.11%	-	-	2.86%	16.67%
Gross Margin	65.00%	65.31%	64.80%	64.99%	68.65%
Operating Margin	5.72%	7.10%	5.90%	11.38%	15.88%
Profit Margin	3.65%	6.32%	3.59%	10.35%	13.56%
FCF Margin	9.32%	4.53%	3.65%	2.47%	18.55%
EBITDA	18.27	21.07	17.02	34.3	41.96
EBITDA Margin	7.44%	8.70%	6.96%	12.47%	16.86%
EBIT	14.04	17.19	14.42	31.32	39.52
EBIT Margin	5.72%	7.10%	5.90%	11.38%	15.88%
Effective Tax Rate	34.05%	1.42%	-38.91%	-16.72%	-14.87%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.