AUDC
AudioCodes Ltd
NASDAQ: AUDC · TECHNOLOGY · COMMUNICATION EQUIPMENT
$9.26
+5.23% today
Updated 2026-04-30
Market cap
$233.76M
P/E ratio
29.13
P/S ratio
0.95x
EPS (TTM)
$0.31
Dividend yield
4.44%
52W range
$7 – $11
Volume
0.1M
AudioCodes Ltd (AUDC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $147.35M | $158.24M | $174.74M | $125.89M | $150.04M | $155.83M | $127.49M | $137.23M | $151.58M | $139.76M | $145.57M | $156.74M | $176.22M | $200.29M | $220.77M | $248.92M | $275.09M | $244.38M | $242.18M | $245.60M |
| Revenue growth (YoY) | — | +7.4% | +10.4% | -28.0% | +19.2% | +3.9% | -18.2% | +7.6% | +10.5% | -7.8% | +4.2% | +7.7% | +12.4% | +13.7% | +10.2% | +12.7% | +10.5% | -11.2% | -0.9% | +1.4% |
| Cost of revenue | $61.24M | $69.19M | $77.45M | $56.19M | $66.14M | $64.16M | $54.29M | $58.56M | $62.59M | $56.97M | $57.23M | $58.89M | $65.62M | $105.33M | $70.96M | $78.03M | $96.31M | $86.03M | $84.02M | $85.97M |
| Gross profit | $86.11M | $89.05M | $97.29M | $69.70M | $83.90M | $91.67M | $73.20M | $78.67M | $88.99M | $82.79M | $88.34M | $97.84M | $110.61M | $94.96M | $149.82M | $170.89M | $178.78M | $158.35M | $158.16M | $159.63M |
| Gross margin | 58.4% | 56.3% | 55.7% | 55.4% | 55.9% | 58.8% | 57.4% | 57.3% | 58.7% | 59.2% | 60.7% | 62.4% | 62.8% | 47.4% | 67.9% | 68.7% | 65.0% | 64.8% | 65.3% | 65.0% |
| R&D | $35.42M | $40.71M | $37.83M | $29.95M | $30.19M | $32.15M | $28.68M | $28.19M | $32.27M | $28.00M | $29.14M | $30.35M | $34.66M | $41.20M | $46.07M | $53.40M | $59.84M | $57.17M | $52.13M | $52.59M |
| SG&A | $46.43M | $52.54M | $9.22M | $7.82M | $8.25M | $9.03M | $8.21M | $8.46M | $7.68M | $8.73M | $6.36M | $8.89M | $10.25M | $11.78M | $14.18M | $15.91M | $17.49M | $16.51M | $17.68M | $15.76M |
| Operating income | $4.26M | $-4.19M | $-79.44M | $-184000.00 | $10.44M | $7.23M | $-3.73M | $2.74M | $3.50M | $2.71M | $7.75M | $9.65M | $16.36M | $-9.55M | $38.35M | $39.52M | $31.32M | $14.42M | $17.19M | $14.04M |
| Operating margin | 2.9% | -2.6% | -45.5% | -0.1% | 7.0% | 4.6% | -2.9% | 2.0% | 2.3% | 1.9% | 5.3% | 6.2% | 9.3% | -4.8% | 17.4% | 15.9% | 11.4% | 5.9% | 7.1% | 5.7% |
| EBITDA | $10.23M | $3.84M | $-68.45M | $6.78M | $15.00M | $11.68M | $937000.00 | $5.95M | $6.73M | $5.67M | $10.65M | $12.09M | $18.67M | $-8.67M | $39.57M | $44.34M | $39.36M | $18.53M | $21.07M | $18.27M |
| EBITDA margin | 6.9% | 2.4% | -39.2% | 5.4% | 10.0% | 7.5% | 0.7% | 4.3% | 4.4% | 4.1% | 7.3% | 7.7% | 10.6% | -4.3% | 17.9% | 17.8% | 14.3% | 7.6% | 8.7% | 7.4% |
| EBIT | $4.26M | $-4.19M | $-76.01M | $1.51M | $10.64M | $8.42M | $-1.95M | $2.90M | $3.50M | $2.71M | $7.75M | $9.65M | $16.36M | $-10.71M | $37.30M | $41.91M | $36.38M | $15.94M | $17.19M | $14.04M |
| Interest expense | $2.66M | $1.57M | $2.36M | $4.74M | $694000.00 | $346000.00 | $900000.00 | $617000.00 | $620000.00 | $564000.00 | $545000.00 | $567000.00 | $884000.00 | $600000.00 | $1.00M | $2.26M | $358000.00 | $3.24M | $296000.00 | $461000.00 |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $6.88M | $-3.88M | $-81.34M | $-2.08M | $12.13M | $7.16M | $-4.18M | $4.22M | $-86000.00 | $366000.00 | $16.24M | $4.03M | $13.49M | $3.98M | $27.25M | $33.75M | $28.47M | $8.78M | $15.31M | $8.96M |
| Net income growth (YoY) | — | -156.5% | -1993.7% | +97.4% | +681.6% | -40.9% | -158.3% | +201.0% | -102.0% | +525.6% | +4336.6% | -75.2% | +234.8% | -70.5% | +585.1% | +23.9% | -15.7% | -69.2% | +74.4% | -41.5% |
| Profit margin | 4.7% | -2.5% | -46.5% | -1.7% | 8.1% | 4.6% | -3.3% | 3.1% | -0.1% | 0.3% | 11.2% | 2.6% | 7.7% | 2.0% | 12.3% | 13.6% | 10.3% | 3.6% | 6.3% | 3.6% |