AudioCodes Ltd. (AUDC)

AudioCodes Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	243.25	242.18	244.38	275.09	248.92	220.77
Revenue Growth (YoY)	-0.93%	-0.90%	-11.16%	10.51%	12.75%	10.23%
Cost of Revenue	84.97	84.02	86.03	96.32	78.03	70.96
Gross Profit	158.28	158.16	158.35	178.78	170.89	149.82
Selling, General & Admin	91.81	88.85	86.76	87.62	77.97	65.39
Research & Development	51.25	52.13	57.17	59.84	53.4	46.07
Operating Expenses	143.06	140.97	143.93	147.46	131.37	111.47
Operating Income	15.22	17.19	14.42	31.32	39.52	38.35
Interest Expense	-1.56	-1.95	-1.57	-0.33	-0.62	-0.66
Interest & Investment Income	4.36	2.92	3.06	2.8	2.66	1.25
Currency Exchange Gain (Loss)	-2.23	-0.51	-0.21	1.33	-0.29	-1.98
Other Non Operating Income (Expenses)	-0.3	-0.3	-0.33	-0.36	-0.23	-0.15
EBT Excluding Unusual Items	15.49	17.36	15.39	34.76	41.03	36.82
Gain (Loss) on Sale of Investments	-2.27	-2.27	-1.02	-0.58	-1.39	-0.17
Pretax Income	13.23	15.1	14.37	34.18	39.65	36.65
Income Tax Expense	-0.55	-0.22	5.59	5.72	5.9	9.4
Net Income	13.78	15.31	8.78	28.47	33.75	27.25
Net Income to Common	13.78	15.31	8.78	28.47	33.75	27.25
Net Income Growth	0.09%	74.39%	-69.16%	-15.66%	23.87%	585.14%
Shares Outstanding (Basic)	30	30	31	32	33	31
Shares Outstanding (Diluted)	30	31	32	33	34	33
Shares Change (YoY)	-1.49%	-2.99%	-2.83%	-3.98%	2.83%	6.87%
EPS (Basic)	0.46	0.51	0.28	0.89	1.03	0.87
EPS (Diluted)	0.46	0.50	0.28	0.88	1.00	0.83
EPS Growth	3.22%	78.82%	-68.23%	-12.00%	20.48%	538.46%
Free Cash Flow	32.07	10.97	8.93	6.79	46.17	36.95
Free Cash Flow Per Share	1.06	0.36	0.28	0.21	1.36	1.12
Dividend Per Share	0.380	0.360	0.360	0.360	0.350	0.300
Dividend Growth	5.56%	-	-	2.86%	16.67%	20.00%
Gross Margin	65.07%	65.31%	64.80%	64.99%	68.65%	67.86%
Operating Margin	6.26%	7.10%	5.90%	11.39%	15.88%	17.37%
Profit Margin	5.66%	6.32%	3.59%	10.35%	13.56%	12.34%
Free Cash Flow Margin	13.18%	4.53%	3.65%	2.47%	18.55%	16.73%
EBITDA	19.23	21.07	17.02	34.3	41.96	40.62
EBITDA Margin	7.91%	8.70%	6.96%	12.47%	16.86%	18.40%
D&A For EBITDA	4.01	3.88	2.6	2.98	2.43	2.27
EBIT	15.22	17.19	14.42	31.32	39.52	38.35
EBIT Margin	6.26%	7.10%	5.90%	11.39%	15.88%	17.37%
Effective Tax Rate	-	-	38.91%	16.73%	14.87%	25.65%
Revenue as Reported	243.25	242.18	244.38	275.09	248.92	220.77
Advertising Expenses	-	2.43	1.94	1.73	0.58	0.37

Updated Jul 29, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q