← CERAGON NETWORKS LTD
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $293.6m |
$332.0m
+13.07%
|
$343.9m
+3.57%
|
$285.6m
-16.95%
|
$262.9m
-7.95%
|
$290.8m
+10.61%
|
$295.2m
+1.52%
|
$347.2m
+17.62%
|
$394.2m
+13.54%
|
$338.7m
-14.07%
|
$335.1m
-1.08%
|
|
| Cost of Goods and Services Sold | $194.5m |
$224.7m
+15.54%
|
$227.7m
+1.34%
|
$188.7m
-17.11%
|
$187.2m
-0.80%
|
$202.4m
+8.09%
|
$202.1m
-0.14%
|
$227.3m
+12.47%
|
$257.3m
+13.21%
|
$224.2m
-12.89%
|
$219.6m
-2.06%
|
|
| Gross Profit | $99.2m |
$107.3m
+8.24%
|
$116.2m
+8.23%
|
$96.8m
-16.64%
|
$75.6m
-21.89%
|
$88.4m
+16.83%
|
$93.1m
+5.30%
|
$119.9m
+28.80%
|
$136.9m
+14.17%
|
$114.6m
-16.29%
|
$115.5m
+0.85%
|
|
| Research and Development Expense | $21.7m | $25.7m | $28.2m | $26.8m | $31.0m | $29.5m | $29.7m | $32.3m | $35.0m | $30.4m | $30.1m | |
| Selling and Marketing Expense | $39.5m | $41.7m | $43.0m | $39.5m | $33.0m | $33.5m | $35.8m | $40.6m | $44.7m | $48.7m | $74.9m | |
| General and Administrative Expense | $20.4m | $18.6m | $19.4m | $23.3m | $19.2m | $20.6m | $34.3m | $23.8m | $14.2m | $24.4m | $24.5m | |
| Amortization of Intangible Assets | $1.6m | $1.5m | $0 | $136k | $393k | $401k | $420k | $632k | $1.8m | $3.5m | — | |
| Operating Lease, Expense | — | — | — | $5.6m | $5.5m | $4.9m | $4.4m | $4.0m | — | — | — | |
| Restructuring Costs | — | — | — | — | — | — | — | $897k | $1.4m | $3.7m | — | |
| Operating Expenses | $79.7m | $84.2m | $90.0m | $89.5m | $83.2m | $83.6m | $104.0m | $98.7m | $98.1m | $107.3m | $105.0m | |
| Other Operating Income | $1.9m | $1.7m | $470k | $7.3m | ($7.6m) | $4.8m | ($10.9m) | $21.2m | $38.7m | $7.2m | $10.6m | |
| Operating Income (Loss) | $19.5m |
$23.1m
+18.74%
|
$26.1m
+12.95%
|
$7.3m
-72.07%
|
($7.6m)
-203.70%
|
$4.8m
+163.47%
|
($10.9m)
-327.57%
|
$21.2m
+293.93%
|
$38.7m
+82.59%
|
$7.2m
-81.29%
|
$10.6m
+45.71%
|
|
| Other Operating Income (Expense), Net | $19.5m | $23.1m | $26.1m | $895k | $225k | $1.5m | ($2.1m) | $21.2m | $38.7m | $7.2m | $10.6m | |
| Interest Expense | $3.8m | $4.8m | $4.6m | $3.8m | $4.1m | $4.7m | $5.0m | $7.5m | $6.0m | $5.0m | $5.0m | |
| Investment Income, Interest | $242k | $126k | $111k | $111k | $79k | $160k | $107k | $93k | $143k | $246k | — | |
| Investment Income, Net | ($6.3m) | ($5.9m) | ($6.3m) | ($6.5m) | ($5.9m) | ($8.6m) | ($6.3m) | ($8.5m) | ($11.5m) | ($6.5m) | — | |
| Other Nonoperating Income (Expense) | — | — | — | ($207k) | ($894k) | $304k | ($170k) | — | — | — | — | |
| Income (Loss) from Equity Method Investments | — | — | — | ($649k) | ($979k) | — | $0 | — | — | — | — | |
| Nonoperating Income (Expense) | ($6.3m) | ($5.9m) | ($6.3m) | ($6.5m) | ($5.9m) | ($8.6m) | ($6.3m) | ($8.5m) | ($11.5m) | ($6.5m) | — | |
| Other Expenses | — | — | — | — | — | — | $4.2m | $0 | $1.2m | $0 | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($518k) | $7.2m | $17.9m | ($2.2m) | ($24.2m) | ($5.4m) | ($20.9m) | $10.9m | $23.8m | $3.9m | $37k | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $13.2m | $17.3m | $19.8m | $781k | ($13.5m) | ($3.8m) | ($17.2m) | $12.7m | $27.3m | $708k | $37k | |
| Current Income Tax Expense (Benefit) | $1.4m | $1.2m | $3.4m | $2.7m | $2.6m | $2.2m | $1.1m | $3.7m | $2.8m | $2.8m | $2.5m | |
| Income Tax Expense (Benefit) | $1.8m | $1.7m | ($3.3m) | $2.5m | $2.6m | $11.0m | $2.4m | $6.5m | $3.2m | $2.8m | $2.5m | |
| Net Income (Loss) Attributable to Parent | $11.4m |
$15.6m
+36.14%
|
$23.0m
+48.11%
|
($2.3m)
-110.17%
|
($17.1m)
-629.18%
|
($14.8m)
+13.25%
|
($19.7m)
-32.78%
|
$6.2m
+131.59%
|
$24.1m
+286.86%
|
($2.1m)
-108.69%
|
($2.5m)
-17.37%
|
|
| Earnings Per Share, Basic | $0.15 | $0.20 | $0.29 | ($0.03) | ($0.21) | — | ($0.23) | $0.07 | $0.28 | ($0.02) | ($0.02) | |
| Earnings Per Share, Diluted | $0.15 | $0.19 | $0.28 | ($0.03) | ($0.21) | ($0.18) | ($0.23) | $0.07 | $0.27 | ($0.02) | ($0.02) | |
| Weighted Average Number of Shares Outstanding, Basic | 77.7m | 77.9m | 78.6m | 80.3m | 81.1m | — | 84.1m | 84.6m | 86.2m | 89.8m | 90.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 78.6m | 79.9m | 81.0m | 80.3m | 81.1m | — | 84.1m | 85.5m | 88.5m | 89.8m | 90.3m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | — | $1.1m | $1.7m | $72k | — | |
| Litigation Settlement Loss | — | — | — | — | — | — | — | — | $1.2m | $1.2m | — |