Ceragon Networks Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2015
Revenue	394.19	347.18	295.17	290.77	262.88	Upgrade
Revenue Growth (YoY)	13.54%	17.62%	1.52%	10.61%	-7.95%	Upgrade
Cost of Revenue	257.34	227.31	202.11	202.39	187.24	Upgrade
Gross Profit	136.85	119.87	93.06	88.38	75.65	Upgrade
Selling, General & Admin	58.97	64.54	70.12	54.36	52.51	Upgrade
Research & Development	34.95	32.27	29.69	29.47	31	Upgrade
Operating Expenses	93.93	96.81	99.81	83.83	83.51	Upgrade
Operating Income	42.93	23.06	-6.74	4.55	-7.87	Upgrade
Interest & Investment Income	0.14	0.09	0.11	0.16	0.08	Upgrade
Earnings From Equity Investments	-	-	-	-	-0.98	Upgrade
Currency Exchange Gain (Loss)	-3.52	-0.75	-1.4	-3.88	-2.39	Upgrade
Other Non Operating Income (Expenses)	-6.36	-7.53	-4.99	-4.65	-3.32	Upgrade
EBT Excluding Unusual Items	33.19	14.87	-13.02	-3.82	-14.47	Upgrade
Merger & Restructuring Charges	-4.78	-2.13	-4.22	-	-	Upgrade
Legal Settlements	-1.16	-	-	-	-	Upgrade
Pretax Income	27.25	12.74	-17.24	-3.82	-14.47	Upgrade
Income Tax Expense	3.19	6.52	2.45	11.01	2.62	Upgrade
Net Income	24.06	6.22	-19.69	-14.83	-17.09	Upgrade
Net Income to Common	24.06	6.22	-19.69	-14.83	-17.09	Upgrade
Net Income Growth	286.87%	-	-	-	-	Upgrade
Shares Outstanding (Basic)	86	85	84	83	81	Upgrade
Shares Outstanding (Diluted)	88	85	84	83	81	Upgrade
Shares Change (YoY)	3.48%	1.60%	0.86%	2.79%	1.06%	Upgrade
EPS (Basic)	0.28	0.07	-0.23	-0.18	-0.21	Upgrade
EPS (Diluted)	0.27	0.07	-0.23	-0.18	-0.21	Upgrade
EPS Growth	285.71%	-	-	-	-	Upgrade
Free Cash Flow	11.62	20.93	-15.36	-24.4	11.17	Upgrade
Free Cash Flow Per Share	0.13	0.24	-0.18	-0.29	0.14	Upgrade
Gross Margin	34.72%	34.53%	31.53%	30.39%	28.78%	Upgrade
Operating Margin	10.89%	6.64%	-2.28%	1.56%	-2.99%	Upgrade
Profit Margin	6.10%	1.79%	-6.67%	-5.10%	-6.50%	Upgrade
Free Cash Flow Margin	2.95%	6.03%	-5.20%	-8.39%	4.25%	Upgrade
EBITDA	55.04	33.03	4.3	16.39	2.8	Upgrade
EBITDA Margin	13.96%	9.51%	1.46%	5.64%	1.07%	Upgrade
D&A For EBITDA	12.11	9.97	11.04	11.85	10.67	Upgrade
EBIT	42.93	23.06	-6.74	4.55	-7.87	Upgrade
EBIT Margin	10.89%	6.64%	-2.28%	1.56%	-2.99%	Upgrade
Effective Tax Rate	11.71%	51.19%	-	-	-	Upgrade

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

SEC Filings: 10-K · 10-Q