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	Jun '26 Jun 30, 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	346.73	338.73	394.19	347.18	295.17	290.77
Revenue Growth	-8.88%	-14.07%	13.54%	17.62%	1.52%	10.61%
Cost of Revenue	229.92	224.18	257.34	227.31	202.11	202.39
Gross Profit	116.82	114.55	136.85	119.87	93.06	88.38
Selling, General & Admin	76.08	73.23	58.97	64.37	70.12	54.36
Research & Development	31.19	30.43	34.95	32.27	29.69	29.47
Operating Expenses	107.27	103.66	93.93	96.64	99.81	83.83
Operating Income	9.55	10.89	42.93	23.23	-6.74	4.55
Interest & Investment Income	0.25	0.25	0.14	0.09	0.11	0.16
Currency Exchange Gain (Loss)	-3.56	-3.56	-3.52	-0.75	-1.4	-3.88
Other Non Operating Income (Expenses)	-3.39	-3.39	-8.06	-7.81	-4.99	-4.65
EBT Excluding Unusual Items	2.21	4.18	31.49	14.76	-13.02	-3.82
Merger & Restructuring Charges	0.73	-1.81	-4.78	-2.13	-4.22	-
Legal Settlements	-	-	-1.16	-	-	-
Other Unusual Items	-3.65	-1.67	1.7	0.11	-	-
Pretax Income	-0.71	0.71	27.25	12.74	-17.24	-3.82
Income Tax Expense	2.57	2.8	3.19	6.52	2.45	11.01
Net Income	-3.28	-2.09	24.06	6.22	-19.69	-14.83
Net Income to Common	-3.28	-2.09	24.06	6.22	-19.69	-14.83
Net Income Growth	-	-	286.87%	-	-	-
Shares Outstanding (Basic)	91	90	86	85	84	83
Shares Outstanding (Diluted)	91	90	88	85	84	83
Shares Change	1.72%	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)	-0.04	-0.02	0.27	0.07	-0.23	-0.18
EPS Growth	-	-	285.71%	-	-	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	18	17.95	11.62	20.93	-15.36	-24.4
Free Cash Flow Per Share	0.20	0.20	0.13	0.24	-0.18	-0.29
Gross Margin	33.69%	33.82%	34.72%	34.53%	31.53%	30.39%
Operating Margin	2.75%	3.22%	10.89%	6.69%	-2.28%	1.56%
Profit Margin	-0.95%	-0.62%	6.10%	1.79%	-6.67%	-5.10%
Free Cash Flow Margin	5.19%	5.30%	2.95%	6.03%	-5.20%	-8.39%
EBITDA	23.81	25.22	55.04	33.19	4.3	16.39
EBITDA Margin	6.87%	7.45%	13.96%	9.56%	1.46%	5.64%
D&A For EBITDA	14.27	14.33	12.11	9.97	11.04	11.85
EBIT	9.55	10.89	42.93	23.23	-6.74	4.55
EBIT Margin	2.75%	3.22%	10.89%	6.69%	-2.28%	1.56%
Effective Tax Rate	-	395.20%	11.71%	51.19%	-	-

SEC Filings: 10-K · 10-Q