Ceragon Networks 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	335.08	338.73	394.19	347.18	295.17	290.77
Revenue Growth (YoY)	-15.03%	-14.07%	13.54%	17.62%	1.52%	10.61%
Cost of Revenue	219.55	224.18	257.34	227.31	202.11	202.39
Gross Profit	115.53	114.55	136.85	119.87	93.06	88.38
Selling, General & Admin	74.85	73.08	58.94	64.37	70.09	54.1
Research & Development	30.12	30.43	34.95	32.27	29.69	29.47
Other Operating Expenses	0.14	3.8	4.24	2.02	4.22	-
Total Operating Expenses	105.11	107.31	98.12	98.66	104	83.57
Operating Income	10.42	7.25	38.73	21.21	-10.94	4.81
Total Non-Operating Income (Expense)	-10.38	-6.54	-11.47	-8.47	-6.31	-8.63
Pretax Income	0.04	0.71	27.25	12.74	-17.24	-3.82
Provision for Income Taxes	2.49	2.8	3.19	6.52	2.45	11.01
Net Income	-1.11	-2.09	24.06	6.22	-19.69	-14.83
Net Income to Common	-1.11	-2.09	24.06	6.22	-19.69	-14.83
Net Income Growth	-	-	286.87%	-	-	-
Shares Outstanding (Basic)	90	90	86	85	84	83
Shares Outstanding (Diluted)	91	90	88	85	84	83
Shares Change (YoY)	2.28%	1.50%	3.48%	1.60%	0.86%	2.79%
EPS (Basic)	0.04	-0.02	0.28	0.07	-0.23	-0.18
EPS (Diluted)	0.03	-0.02	0.27	0.07	-0.23	-0.18
EPS Growth	-66.67%	-	285.71%	-	-	-
Shares Outstanding	90.63	90.63	88.39	85.42	84.35	83.93
Free Cash Flow	23.06	17.95	11.62	20.93	-15.36	-24.4
Free Cash Flow Growth	28.49%	54.49%	-44.50%	-	-	-
Free Cash Flow Per Share	0.25	0.20	0.13	0.24	-0.18	-0.29
Gross Margin	34.48%	33.82%	34.72%	34.53%	31.53%	30.39%
Operating Margin	3.11%	2.14%	9.82%	6.11%	-3.71%	1.65%
Profit Margin	-0.73%	-0.62%	6.10%	1.79%	-6.67%	-5.10%
FCF Margin	6.88%	5.30%	2.95%	6.03%	-5.20%	-8.39%
EBITDA	24.85	21.57	50.84	31.18	0.1	17.05
EBITDA Margin	7.42%	6.37%	12.90%	8.98%	0.03%	5.86%
EBIT	10.42	7.25	38.73	21.21	-10.94	4.81
EBIT Margin	3.11%	2.14%	9.82%	6.11%	-3.71%	1.65%
Effective Tax Rate	6729.73%	395.20%	11.71%	51.19%	-14.19%	-288.27%

SEC Filings: 10-K · 10-Q