Ceragon Networks 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	338.73	394.19	347.18	295.17	290.77
Revenue Growth (YoY)	-14.07%	13.54%	17.62%	1.52%	10.61%
Cost of Revenue	224.18	257.34	227.31	202.11	202.39
Gross Profit	114.55	136.85	119.87	93.06	88.38
Selling, General & Admin	73.08	58.94	64.37	70.09	54.1
Research & Development	30.43	34.95	32.27	29.69	29.47
Other Operating Expenses	3.8	4.24	2.02	4.22	-
Total Operating Expenses	107.31	98.12	98.66	104	83.57
Operating Income	7.25	38.73	21.21	-10.94	4.81
Total Non-Operating Income (Expense)	-6.54	-11.47	-8.47	-6.31	-8.63
Pretax Income	0.71	27.25	12.74	-17.24	-3.82
Provision for Income Taxes	2.8	3.19	6.52	2.45	11.01
Net Income	-2.09	24.06	6.22	-19.69	-14.83
Net Income to Common	-2.09	24.06	6.22	-19.69	-14.83
Net Income Growth	-	286.87%	-	-	-
Shares Outstanding (Basic)	90	86	85	84	83
Shares Outstanding (Diluted)	90	88	85	84	83
Shares Change (YoY)	1.50%	3.48%	1.60%	0.86%	2.79%
EPS (Basic)	-0.02	0.28	0.07	-0.23	-0.18
EPS (Diluted)	-0.02	0.27	0.07	-0.23	-0.18
EPS Growth	-	285.71%	-	-	-
Shares Outstanding	90.63	88.39	85.42	84.35	83.93
Free Cash Flow	17.95	11.62	20.93	-15.36	-24.4
Free Cash Flow Growth	54.49%	-44.50%	-	-	-
Free Cash Flow Per Share	0.20	0.13	0.24	-0.18	-0.29
Gross Margin	33.82%	34.72%	34.53%	31.53%	30.39%
Operating Margin	2.14%	9.82%	6.11%	-3.71%	1.65%
Profit Margin	-0.62%	6.10%	1.79%	-6.67%	-5.10%
FCF Margin	5.30%	2.95%	6.03%	-5.20%	-8.39%
EBITDA	21.57	50.84	31.18	0.1	17.05
EBITDA Margin	6.37%	12.90%	8.98%	0.03%	5.86%
EBIT	7.25	38.73	21.21	-10.94	4.81
EBIT Margin	2.14%	9.82%	6.11%	-3.71%	1.65%
Effective Tax Rate	395.20%	11.71%	51.19%	-14.19%	-288.27%

Updated Feb 17, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q