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	Sep '26 Sep 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	356.77	338.73	394.19	347.18	295.17	290.77
Revenue Growth	-1.80%	-14.07%	13.54%	17.62%	1.52%	10.61%
Cost of Revenue	234.96	224.18	257.34	227.31	202.11	202.39
Gross Profit	121.81	114.55	136.85	119.87	93.06	88.38
Selling, General & Admin	77.33	73.23	58.97	64.37	70.12	54.36
Research & Development	32.09	30.43	34.95	32.27	29.69	29.47
Operating Expenses	109.42	103.66	93.93	96.64	99.81	83.83
Operating Income	12.39	10.89	42.93	23.23	-6.74	4.55
Interest & Investment Income	1.2	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	6.64	4.18	31.49	14.76	-13.02	-3.82
Merger & Restructuring Charges	-3.38	-1.81	-4.78	-2.13	-4.22	-
Legal Settlements	-	-	-1.16	-	-	-
Other Unusual Items	-1.67	-1.67	1.7	0.11	-	-
Pretax Income	1.6	0.71	27.25	12.74	-17.24	-3.82
Income Tax Expense	2.52	2.8	3.19	6.52	2.45	11.01
Net Income	-0.92	-2.09	24.06	6.22	-19.69	-14.83
Net Income to Common	-0.92	-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	1.58%	1.50%	3.48%	1.60%	0.86%	2.79%
EPS (Basic)	-0.01	-0.02	0.28	0.07	-0.23	-0.18
EPS (Diluted)	-0.01	-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	Sep '26 Sep 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	24.32	17.95	11.62	20.93	-15.36	-24.4
Free Cash Flow Per Share	0.27	0.20	0.13	0.24	-0.18	-0.29
Gross Margin	34.14%	33.82%	34.72%	34.53%	31.53%	30.39%
Operating Margin	3.47%	3.22%	10.89%	6.69%	-2.28%	1.56%
Profit Margin	-0.26%	-0.62%	6.10%	1.79%	-6.67%	-5.10%
Free Cash Flow Margin	6.82%	5.30%	2.95%	6.03%	-5.20%	-8.39%
EBITDA	28.07	25.22	55.04	33.19	4.3	16.39
EBITDA Margin	7.87%	7.45%	13.96%	9.56%	1.46%	5.64%
D&A For EBITDA	15.68	14.33	12.11	9.97	11.04	11.85
EBIT	12.39	10.89	42.93	23.23	-6.74	4.55
EBIT Margin	3.47%	3.22%	10.89%	6.69%	-2.28%	1.56%
Effective Tax Rate	157.75%	395.20%	11.71%	51.19%	-	-

SEC Filings: 10-K · 10-Q