AudioCodes Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	247.37	245.6	242.18	244.38	275.09	248.92
Revenue Growth (YoY)	2.02%	1.42%	-0.90%	-11.16%	10.51%	12.75%
Cost of Revenue	85.75	85.97	84.02	86.03	96.32	78.03
Gross Profit	161.62	159.63	158.16	158.35	178.78	170.89
Selling, General & Admin	94.24	93	88.85	86.76	87.62	77.97
Research & Development	53.62	52.59	52.13	57.17	59.84	53.4
Total Operating Expenses	147.87	145.59	140.97	143.93	147.46	131.37
Operating Income	13.76	14.04	17.19	14.42	31.32	39.52
Total Non-Operating Income (Expense)	-2.56	-0.46	-2.1	-0.05	2.86	0.12
Pretax Income	11.2	13.58	15.1	14.37	34.18	39.65
Provision for Income Taxes	4.31	-4.62	0.22	-5.59	-5.72	-5.9
Net Income	6.89	8.96	15.31	8.78	28.47	33.75
Net Income to Common	6.89	8.96	15.31	8.78	28.47	33.75
Net Income Growth	-60.03%	-41.51%	74.39%	-69.16%	-15.66%	23.87%
Shares Outstanding (Basic)	28	28	30	31	32	33
Shares Outstanding (Diluted)	28	29	31	32	33	34
Shares Change (YoY)	-7.42%	-5.39%	-2.99%	-2.83%	-3.98%	2.83%
EPS (Basic)	0.25	0.31	0.51	0.28	0.89	1.03
EPS (Diluted)	0.25	0.31	0.50	0.28	0.88	1.00
EPS Growth	-55.36%	-38.00%	78.57%	-68.18%	-12.00%	20.48%
Shares Outstanding	27.09	27.09	29.68	30.51	31.69	32.5
Free Cash Flow	22.48	22.89	10.97	8.93	6.79	46.17
Free Cash Flow Growth	-1.78%	108.59%	22.93%	31.38%	-85.28%	24.97%
Free Cash Flow Per Share	0.80	0.79	0.36	0.28	0.21	1.36
Dividends Per Share	0.400	0.400	0.360	0.360	0.360	0.350
Dividend Growth	-	11.11%	-	-	2.86%	16.67%
Gross Margin	65.34%	65.00%	65.31%	64.80%	64.99%	68.65%
Operating Margin	5.56%	5.72%	7.10%	5.90%	11.38%	15.88%
Profit Margin	2.79%	3.65%	6.32%	3.59%	10.35%	13.56%
FCF Margin	9.09%	9.32%	4.53%	3.65%	2.47%	18.55%
EBITDA	18.12	18.27	21.07	17.02	34.3	41.96
EBITDA Margin	7.32%	7.44%	8.70%	6.96%	12.47%	16.86%
EBIT	13.76	14.04	17.19	14.42	31.32	39.52
EBIT Margin	5.56%	5.72%	7.10%	5.90%	11.38%	15.88%
Effective Tax Rate	38.46%	-34.05%	1.42%	-38.91%	-16.72%	-14.87%

Updated May 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q