Ceragon Networks Ltd. (CRNT)

Ceragon Networks 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	363.33	394.19	347.18	295.17	290.77	262.88
Revenue Growth (YoY)	-3.78%	13.54%	17.62%	1.52%	10.61%	-7.95%
Cost of Revenue	240.18	257.34	227.31	202.11	202.39	187.24
Gross Profit	123.15	136.85	119.87	93.06	88.38	75.65
Selling, General & Admin	71.51	58.97	64.54	70.12	54.36	52.51
Research & Development	31.51	34.95	32.27	29.69	29.47	31
Operating Expenses	103.01	93.93	96.81	99.81	83.83	83.51
Operating Income	20.14	42.93	23.06	-6.74	4.55	-7.87
Interest & Investment Income	0.14	0.14	0.09	0.11	0.16	0.08
Earnings From Equity Investments	-	-	-	-	-	-0.98
Currency Exchange Gain (Loss)	-3.52	-3.52	-0.75	-1.4	-3.88	-2.39
Other Non Operating Income (Expenses)	-6.36	-6.36	-7.53	-4.99	-4.65	-3.32
EBT Excluding Unusual Items	9.84	33.19	14.87	-13.02	-3.82	-14.47
Merger & Restructuring Charges	-6.32	-4.78	-2.13	-4.22	-	-
Legal Settlements	-1.16	-1.16	-	-	-	-
Other Unusual Items	2.29	-	-	-	-	-
Pretax Income	4.65	27.25	12.74	-17.24	-3.82	-14.47
Income Tax Expense	3.26	3.19	6.52	2.45	11.01	2.62
Net Income	1.39	24.06	6.22	-19.69	-14.83	-17.09
Net Income to Common	1.39	24.06	6.22	-19.69	-14.83	-17.09
Net Income Growth	-92.77%	286.87%	-	-	-	-
Shares Outstanding (Basic)	89	86	85	84	83	81
Shares Outstanding (Diluted)	90	88	85	84	83	81
Shares Change (YoY)	2.44%	3.48%	1.60%	0.86%	2.79%	1.06%
EPS (Basic)	0.02	0.28	0.07	-0.23	-0.18	-0.21
EPS (Diluted)	0.02	0.27	0.07	-0.23	-0.18	-0.21
EPS Growth	-92.62%	285.71%	-	-	-	-
Free Cash Flow	7.36	11.62	20.93	-15.36	-24.4	11.17
Free Cash Flow Per Share	0.08	0.13	0.24	-0.18	-0.29	0.14
Gross Margin	33.89%	34.72%	34.53%	31.53%	30.39%	28.78%
Operating Margin	5.54%	10.89%	6.64%	-2.28%	1.56%	-2.99%
Profit Margin	0.38%	6.10%	1.79%	-6.67%	-5.10%	-6.50%
Free Cash Flow Margin	2.02%	2.95%	6.03%	-5.20%	-8.39%	4.25%
EBITDA	33.79	55.04	33.03	4.3	16.39	2.8
EBITDA Margin	9.30%	13.96%	9.51%	1.46%	5.64%	1.07%
D&A For EBITDA	13.65	12.11	9.97	11.04	11.85	10.67
EBIT	20.14	42.93	23.06	-6.74	4.55	-7.87
EBIT Margin	5.54%	10.89%	6.64%	-2.28%	1.56%	-2.99%
Effective Tax Rate	70.11%	11.71%	51.19%	-	-	-

Updated Nov 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q