Ceragon Networks Cash Flow 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
Net Income	-2.09	24.06	6.22	-19.69	-14.83
Depreciation & Amortization	14.33	12.11	9.97	11.04	11.85
Other Amortization	-	-	-	-	0.4
Loss (Gain) From Sale of Assets	0.04	0.21	0.06	0.02	0.08
Stock-Based Compensation	4.09	4.3	3.96	3.56	2.56
Change in Accounts Receivable	52.57	-46.22	-2.37	18.43	-11.15
Change in Inventory	-2.13	7.61	6.3	-11.16	-11.91
Change in Accounts Payable	-22.1	23.03	-1.85	-2.02	5.88
Change in Unearned Revenue	-0.22	-3.6	-9.56	2.23	1.67
Change in Other Net Operating Assets	-12.93	4.71	18.15	-7.31	-7.86
Operating Cash Flow	31.56	26.2	30.89	-4.9	-15.02
Operating Cash Flow Growth	20.45%	-15.18%	-	-	-
Capital Expenditures	-13.61	-14.58	-9.96	-10.46	-9.38
Sale of Property, Plant & Equipment	-	-	-	-	0.2
Cash Acquisitions	-6.57	-	-7.97	-	-
Sale (Purchase) of Intangibles	-3.82	-1.88	-2.94	-1.96	-0.21
Investing Cash Flow	-24	-16.46	-20.87	-12.42	-9.4
Short-Term Debt Issued	-	-	-	22.7	9.8
Total Debt Issued	-	-	-	22.7	9.8
Short-Term Debt Repaid	-6.2	-7.4	-4.9	-	-
Total Debt Repaid	-6.2	-7.4	-4.9	-	-
Net Debt Issued (Repaid)	-6.2	-7.4	-4.9	22.7	9.8
Issuance of Common Stock	0.69	5.88	0.04	0.41	4.73
Financing Cash Flow	-5.51	-1.52	-4.86	23.11	14.53
Foreign Exchange Rate Adjustments	1.01	-1.14	0.13	0.08	-0.14
Net Cash Flow	3.06	7.07	5.29	5.87	-10.02
Free Cash Flow	17.95	11.62	20.93	-15.36	-24.4
Free Cash Flow Growth	54.49%	-44.50%	-	-	-
Free Cash Flow Margin	5.30%	2.95%	6.03%	-5.20%	-8.39%
Free Cash Flow Per Share	0.20	0.13	0.24	-0.18	-0.29
Cash Interest Paid	-	4.68	6.04	3.46	1.28
Cash Income Tax Paid	-	1.13	2.84	1.87	2
Levered Free Cash Flow	12.56	17.56	18.41	-8.36	-0.31
Unlevered Free Cash Flow	16.65	17.56	18.41	-8.36	-0.31
Change in Working Capital	15.18	-14.48	10.68	0.17	-15.08

Updated Feb 17, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q