AudioCodes Ltd.(AUDC)Earnings, Financials & Key Ratios
AUDC•NASDAQ
$8.51
$228M mkt cap·27.5× P/E·Price updated May 6, 2026
AboutAudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace. The company offers solutions, products, and services for unified communications, contact centers, VoiceAI business line, and service provider business. Its products include session border controllers, life cycle management solutions, VoIP network routing solutions, media gateways and servers, multi-service business routers, IP phones solutions, and value-added applications, as well as professional services. The company also offers One Voice Operations Center, a voice network management solution; Device Manager for administering business phones and meeting room solutions; AudioCodes Routing Manager for handling call routing in VoIP networks; and User Management Pack 365 simplifies user lifecycle and identity management across Microsoft Teams and Skype for Business deployments. In addition, it provides AudioCodes Live for Microsoft Teams, a portfolio of managed services for simplifying Teams adoption; appliances for Microsoft Skype/Teams for Business such as survivable branch appliances, CCE, and CloudBond 365; and a range of value-added voice applications comprising SmartTAP, Voca, VoiceAI Connect, and Meeting Insights. Further, the company offers managed services; and AudioCodes Live Cloud, a Microsoft Teams software as a service solution that enables service providers to offer their business customers a seamless migration to Microsoft Teams. It primarily markets and sells its products through a direct sales force and sales representatives to original equipment manufacturers, network equipment providers, and systems integrators and distributors in the telecommunications and networking industries. The company primarily operates in the Americas, Europe, the Far East, and Israel. AudioCodes Ltd. was incorporated in 1992 and is headquartered in Lod, Israel.Show more
- Revenue$246M+1.4%
- EBITDA$18M-13.3%
- Net Income$9M-41.5%
- EPS (Diluted)0.31-38.0%
- Gross Margin65%-0.5%
- EBITDA Margin7.44%-14.5%
- Operating Margin5.72%-19.5%
- Net Margin3.65%-42.3%
- ROE4.93%-38.8%
- ROIC5.78%-18.0%
- Debt/Equity0.40+112.9%
- Interest Coverage30.45-47.6%
AUDC Key Insights
AudioCodes Ltd. (AUDC) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 80 (top 20%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Healthy dividend yield of 4.4%
- ✓Share count reduced 5.4% through buybacks
- ✓Trading at only 1.4x book value
✗Weaknesses
- ✗Profits declining 20.0% over 5 years
- ✗Dividend payout exceeds 100% of earnings
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
AUDC Price & Volume
AudioCodes Ltd. (AUDC) stock price & volume — 10-year historical chart
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AUDC Growth Metrics
AudioCodes Ltd. (AUDC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years5.8%
5 Years2.15%
3 Years-3.71%
TTM1.42%
Profit CAGR
10 Years37.68%
5 Years-19.95%
3 Years-31.99%
TTM-41.51%
EPS CAGR
10 Years40.97%
5 Years-17.88%
3 Years-29.37%
TTM-38.85%
Return on Capital
10 Years8.37%
5 Years9.32%
3 Years6.11%
Last Year5.62%
AUDC Recent Earnings
AudioCodes Ltd. (AUDC) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 5, 2026EPS
$0.14
Est $0.16
-12.5%
Revenue
$62M
Est $62M
+1.0%
Q1 2026
Feb 3, 2026EPS
$0.16
Est $0.16
+0.0%
Revenue
$63M
Est $62M
+1.0%
Q4 2025
Nov 4, 2025EPS
$0.17
Est $0.10
+75.2%
Revenue
$62M
Est $62M
-0.7%
Q3 2025
Jul 29, 2025EPS
$0.14
Est $0.17
-17.6%
Revenue
$61M
Est $61M
+0.7%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $0.14vs $0.16-12.5% | $62Mvs $62M+1.0% |
| Q1 2026 | Feb 3, 2026 | $0.16vs $0.16+0.0% | $63Mvs $62M+1.0% |
| Q4 2025 | Nov 4, 2025 | $0.17vs $0.10+75.2% | $62Mvs $62M-0.7% |
| Q3 2025 | Jul 29, 2025 | $0.14vs $0.17-17.6% | $61Mvs $61M+0.7% |
Based on last 12 quarters of dataView full earnings history →
AUDC Peer Comparison
AudioCodes Ltd. (AUDC) competitors in Carrier Network Infrastructure Equipment — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 RBBN | 479.4M | 2.73 | 12.41 | 1.28% | 3.8% | 7.85% | 5.44% | 0.90 |
 SANG | 137.85M | 4.15 | -19.80 | -0.89% | -2.52% | -3.04% | 23.9% | 0.22 |
 EGHT | 384.45M | 2.76 | -13.14 | -1.87% | -0.53% | -2.7% | 13.03% | 3.36 |
 BAND | 1.52B | 47.33 | -110.07 | 0.71% | 1.96% | 4.04% | 100% | 1.75 |
 LOGI | 15.45B | 105.42 | 21.96 | 6.28% | 14.69% | 32.26% | 6.31% | |
 MSFT | 3.06T | 411.35 | 30.16 | 14.93% | 39.34% | 33.13% | 2.34% | 0.33 |
 CSCO | 373.43B | 94.30 | 36.98 | 5.3% | 18.76% | 23.21% | 3.56% | 0.63 |
 ZM | 33.53B | 109.10 | 17.65 | 4.36% | 39.03% | 19.37% | 5.74% | 0.00 |
Compare AUDC vs Peers
AudioCodes Ltd. (AUDC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
AUDC Income Statement
AudioCodes Ltd. (AUDC) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 156.74M | 176.22M | 200.29M | 220.77M | 248.92M | 275.09M | 244.38M | 242.18M | 245.6M |
| Revenue Growth % | 7.67% | 12.43% | 13.66% | 10.23% | 12.75% | 10.51% | -11.16% | -0.9% | 1.42% |
| Cost of Goods Sold | 58.89M | 65.62M | 105.33M | 70.96M | 78.03M | 96.31M | 86.03M | 84.02M | 85.97M |
| COGS % of Revenue | 37.57% | 37.24% | 52.59% | 32.14% | 31.35% | 35.01% | 35.2% | 34.69% | 35% |
| Gross Profit | 97.84M▲ 0% | 110.61M▲ 13.0% | 94.96M▼ 14.1% | 149.82M▲ 57.8% | 170.89M▲ 14.1% | 178.78M▲ 4.6% | 158.35M▼ 11.4% | 158.16M▼ 0.1% | 159.63M▲ 0.9% |
| Gross Margin % | 62.43% | 62.76% | 47.41% | 67.86% | 68.65% | 64.99% | 64.8% | 65.31% | 65% |
| Gross Profit Growth % | 10.76% | 13.04% | -14.15% | 57.77% | 14.07% | 4.62% | -11.43% | -0.12% | 0.93% |
| Operating Expenses | 88.19M | 94.25M | 104.51M | 111.47M | 131.37M | 147.46M | 143.93M | 140.97M | 145.59M |
| OpEx % of Revenue | 56.27% | 53.48% | 52.18% | 50.49% | 52.77% | 53.6% | 58.89% | 58.21% | 59.28% |
| Selling, General & Admin | 57.85M | 59.59M | 63.31M | 65.39M | 77.97M | 87.62M | 86.76M | 88.84M | 93M |
| SG&A % of Revenue | 36.91% | 33.81% | 31.61% | 29.62% | 31.32% | 31.85% | 35.5% | 36.69% | 37.87% |
| Research & Development | 30.35M | 34.66M | 41.2M | 46.07M | 53.4M | 59.84M | 57.17M | 52.13M | 52.59M |
| R&D % of Revenue | 19.36% | 19.67% | 20.57% | 20.87% | 21.45% | 21.75% | 23.39% | 21.52% | 21.41% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 9.65M▲ 0% | 16.36M▲ 69.5% | -9.55M▼ 158.4% | 38.35M▲ 501.4% | 39.52M▲ 3.1% | 31.32M▼ 20.8% | 14.42M▼ 53.9% | 17.19M▲ 19.2% | 14.04M▼ 18.3% |
| Operating Margin % | 6.16% | 9.28% | -4.77% | 17.37% | 15.88% | 11.38% | 5.9% | 7.1% | 5.72% |
| Operating Income Growth % | 24.45% | 69.52% | -158.4% | 501.4% | 3.06% | -20.76% | -53.94% | 19.18% | -18.34% |
| EBITDA | 12.09M | 18.67M | -7.51M | 40.62M | 41.96M | 34.3M | 17.02M | 21.07M | 18.27M |
| EBITDA Margin % | 7.71% | 10.59% | -3.75% | 18.4% | 16.86% | 12.47% | 6.96% | 8.7% | 7.44% |
| EBITDA Growth % | 13.54% | 54.43% | -140.23% | 640.85% | 3.29% | -18.24% | -50.38% | 23.82% | -13.29% |
| D&A (Non-Cash Add-back) | 2.44M | 2.31M | 2.04M | 2.27M | 2.43M | 2.98M | 2.6M | 3.88M | 4.24M |
| EBIT | 9.93M | 16.85M | -10.71M | 37.3M | 41.91M | 36.38M | 15.94M | 17.19M | 14.04M |
| Net Interest Income | 642K | 241K | 410K | 255K | 428K | 2.45M | 129K | 2.61M | -461K |
| Interest Income | 1.21M | 1.13M | 1.01M | 1.25M | 2.69M | 2.8M | 3.37M | 2.91M | 0 |
| Interest Expense | 567K | 884K | 600K | 1M | 2.26M | 358K | 3.24M | 296K | 461K |
| Other Income/Expense | -10K | 228K | -1.76M | -1.7M | 123K | 2.86M | -52K | -2.1M | -461K |
| Pretax Income | 9.64M▲ 0% | 16.59M▲ 72.1% | -11.31M▼ 168.2% | 36.65M▲ 423.9% | 39.65M▲ 8.2% | 34.18M▼ 13.8% | 14.37M▼ 58.0% | 15.1M▲ 5.0% | 13.58M▼ 10.1% |
| Pretax Margin % | 6.15% | 9.41% | -5.65% | 16.6% | 15.93% | 12.43% | 5.88% | 6.23% | 5.53% |
| Income Tax | 5.61M | 3.09M | -15.29M | 9.4M | 5.9M | 5.72M | 5.59M | -215K | 4.62M |
| Effective Tax Rate % | 58.2% | 18.65% | 135.15% | 25.65% | 14.87% | 16.72% | 38.91% | -1.42% | 34.05% |
| Net Income | 4.03M▲ 0% | 13.49M▲ 234.8% | 3.98M▼ 70.5% | 27.25M▲ 585.1% | 33.75M▲ 23.9% | 28.47M▼ 15.7% | 8.78M▼ 69.2% | 15.31M▲ 74.4% | 8.96M▼ 41.5% |
| Net Margin % | 2.57% | 7.66% | 1.99% | 12.34% | 13.56% | 10.35% | 3.59% | 6.32% | 3.65% |
| Net Income Growth % | -75.18% | 234.81% | -70.53% | 585.14% | 23.87% | -15.66% | -69.16% | 74.39% | -41.51% |
| Net Income (Continuing) | 4.03M | 13.49M | 3.98M | 27.25M | 33.75M | 28.47M | 8.78M | 15.31M | 8.96M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.13▲ 0% | 0.45▲ 246.2% | 0.13▼ 71.1% | 0.83▲ 538.5% | 1.00▲ 20.5% | 0.88▼ 12.0% | 0.28▼ 68.2% | 0.50▲ 78.6% | 0.31▼ 38.0% |
| EPS Growth % | -71.11% | 246.15% | -71.11% | 538.46% | 20.48% | -12% | -68.18% | 78.57% | -38% |
| EPS (Basic) | 0.13 | 0.47 | 0.14 | 0.87 | 1.03 | 0.89 | 0.28 | 0.51 | 0.31 |
| Diluted Shares Outstanding | 32.17M | 30.22M | 30.8M | 32.92M | 33.85M | 32.5M | 31.58M | 30.64M | 28.98M |
| Basic Shares Outstanding | 31.1M | 28.93M | 29.25M | 31.44M | 32.7M | 31.85M | 31.4M | 30.2M | 28.89M |
| Dividend Payout Ratio | - | 42.7% | 168.97% | 30.98% | 32.19% | 40.58% | 129.83% | 71.16% | 122.1% |
AUDC Balance Sheet
AudioCodes Ltd. (AUDC) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 77.38M | 109.87M | 132.59M | 203.64M | 167.55M | 149.93M | 142.66M | 162.88M | 180.3M |
| Cash & Short-Term Investments | 31.32M | 51.1M | 66.19M | 126.2M | 80.31M | 47.12M | 38.2M | 62.38M | 72.87M |
| Cash Only | 24.23M | 31.5M | 64.77M | 40.93M | 79.42M | 24.54M | 30.76M | 58.75M | 45.52M |
| Short-Term Investments | 7.09M | 19.6M | 1.42M | 85.27M | 889K | 22.59M | 7.44M | 3.64M | 27.35M |
| Accounts Receivable | 26.75M | 28.16M | 33.13M | 34.52M | 58.15M | 56.42M | 51.13M | 56.02M | 67.36M |
| Days Sales Outstanding | 62.3 | 58.33 | 60.37 | 57.07 | 85.27 | 74.86 | 76.36 | 84.43 | 100.1 |
| Inventory | 16.56M | 23.3M | 28.27M | 29.19M | 23.99M | 36.38M | 43.96M | 31.46M | 22.03M |
| Days Inventory Outstanding | 102.65 | 129.62 | 97.98 | 150.17 | 112.21 | 137.86 | 186.5 | 136.69 | 93.54 |
| Other Current Assets | 7.43M | 0 | 5M | 13.73M | 5.1M | 10.01M | 9.38M | 13.01M | 18.04M |
| Total Non-Current Assets | 93.56M | 66.3M | 111.73M | 154.48M | 181.81M | 173.9M | 194.86M | 173.03M | 142.86M |
| Property, Plant & Equipment | 3.83M | 3.87M | 34.08M | 30.02M | 20.85M | 17.48M | 47.6M | 59.85M | 59.47M |
| Fixed Asset Turnover | 40.87x | 45.59x | 5.88x | 7.35x | 11.94x | 15.74x | 5.13x | 4.05x | 4.13x |
| Goodwill | 36.22M | 36.22M | 36.22M | 36.22M | 37.56M | 37.56M | 37.56M | 37.56M | 0 |
| Intangible Assets | 2M | 1.25M | 901K | 569K | 2.37M | 1.57M | 1.02M | 489K | 37.58M |
| Long-Term Investments | 20.48M | 17.52M | 0 | 54.9M | 89.31M | 90.29M | 85.26M | 31.53M | 15.86M |
| Other Non-Current Assets | 24.34M | 3.09M | 20.06M | 20.69M | 22.82M | 17.93M | 17.2M | 33.76M | 29.96M |
| Total Assets | 170.94M▲ 0% | 176.17M▲ 3.1% | 244.32M▲ 38.7% | 358.12M▲ 46.6% | 349.36M▼ 2.4% | 323.83M▼ 7.3% | 337.52M▲ 4.2% | 335.9M▼ 0.5% | 323.16M▼ 3.8% |
| Asset Turnover | 0.92x | 1.00x | 0.82x | 0.62x | 0.71x | 0.85x | 0.72x | 0.72x | 0.76x |
| Asset Growth % | -8.58% | 3.06% | 38.68% | 46.58% | -2.45% | -7.31% | 4.23% | -0.48% | -3.79% |
| Total Current Liabilities | 45.36M | 51.74M | 86.66M | 94.76M | 95.94M | 94.46M | 84.2M | 77.76M | 81.72M |
| Accounts Payable | 5.64M | 6.19M | 6.63M | 6.98M | 7.86M | 11.34M | 7.56M | 7.54M | 6.42M |
| Days Payables Outstanding | 34.95 | 34.42 | 22.97 | 35.92 | 36.78 | 42.97 | 32.06 | 32.77 | 27.24 |
| Short-Term Debt | 2.52M | 2.49M | 2.47M | 1.2M | 0 | 8.17M | 7.88M | 0 | 6.63M |
| Deferred Revenue (Current) | 16.42M | 22.8M | 33.54M | 37.18M | 41.59M | 36.63M | 38.82M | 0 | 38.24M |
| Other Current Liabilities | 8.09M | 26.73M | 25.93M | 31.58M | 24.51M | 20.32M | 13.23M | 63.18M | 30.42M |
| Current Ratio | 1.71x | 2.12x | 1.53x | 2.15x | 1.75x | 1.59x | 1.69x | 2.09x | 2.21x |
| Quick Ratio | 1.34x | 1.67x | 1.20x | 1.84x | 1.50x | 1.20x | 1.17x | 1.69x | 1.94x |
| Cash Conversion Cycle | 130 | 153.53 | 135.38 | 171.31 | 160.7 | 169.75 | 230.8 | 188.35 | 166.4 |
| Total Non-Current Liabilities | 33.2M | 29.88M | 65.19M | 53.51M | 47.92M | 39.61M | 65.21M | 66.33M | 70.14M |
| Long-Term Debt | 6.24M | 3.69M | 1.2M | 0 | 0 | 0 | 0 | 0 | 31.35M |
| Capital Lease Obligations | 0 | 0 | 23.1M | 19.44M | 11.39M | 5.55M | 31.4M | 30.51M | 31.35M |
| Deferred Tax Liabilities | 12.61M | 21.25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 26.96M | 26.19M | 31.06M | 34.07M | 22.89M | 34.06M | 33.8M | 35.82M | 7.45M |
| Total Liabilities | 78.56M | 81.63M | 151.85M | 148.27M | 143.87M | 134.07M | 149.41M | 144.09M | 151.86M |
| Total Debt | 8.76M | 6.17M | 35.35M | 29.81M | 19.53M | 13.72M | 39.28M | 36.46M | 69.33M |
| Net Debt | -15.48M | -25.33M | -29.42M | -11.12M | -59.89M | -10.81M | 8.52M | -22.29M | 23.81M |
| Debt / Equity | 0.09x | 0.07x | 0.38x | 0.14x | 0.10x | 0.07x | 0.21x | 0.19x | 0.40x |
| Debt / EBITDA | 0.72x | 0.33x | - | 0.73x | 0.47x | 0.40x | 2.31x | 1.73x | 3.79x |
| Net Debt / EBITDA | -1.28x | -1.36x | - | -0.27x | -1.43x | -0.32x | 0.50x | -1.06x | 1.30x |
| Interest Coverage | 17.52x | 19.06x | -17.86x | 37.30x | 18.54x | 101.62x | 4.92x | 58.08x | 30.45x |
| Total Equity | 92.38M▲ 0% | 94.55M▲ 2.3% | 92.47M▼ 2.2% | 209.85M▲ 126.9% | 205.5M▼ 2.1% | 189.76M▼ 7.7% | 188.11M▼ 0.9% | 191.81M▲ 2.0% | 171.3M▼ 10.7% |
| Equity Growth % | -14.98% | 2.35% | -2.19% | 126.93% | -2.08% | -7.66% | -0.87% | 1.97% | -10.7% |
| Book Value per Share | 2.87 | 3.13 | 3.00 | 6.38 | 6.07 | 5.84 | 5.96 | 6.26 | 5.91 |
| Total Shareholders' Equity | 92.38M | 94.55M | 92.47M | 209.85M | 205.5M | 189.76M | 188.11M | 191.81M | 171.3M |
| Common Stock | 93K | 92K | 94K | 105K | 107K | 109K | 110K | 112K | 171.3M |
| Retained Earnings | -40.37M | -32.46M | -35.2M | -16.39M | 6.49M | 23.41M | 20.79M | 25.2M | 0 |
| Treasury Stock | -115.48M | -129.79M | -137.79M | -137.79M | -179.65M | -217.74M | -236M | -250.33M | 0 |
| Accumulated OCI | -44K | -276K | 0 | 1.77M | -223K | -10.95M | -3.9M | 1.11M | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
AUDC Cash Flow Statement
AudioCodes Ltd. (AUDC) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 17.77M | 25.58M | 23.17M | 38.48M | 47.34M | 8.28M | 14.89M | 35.25M | 29.36M |
| Operating CF Margin % | 11.33% | 14.52% | 11.57% | 17.43% | 19.02% | 3.01% | 6.09% | 14.56% | 11.95% |
| Operating CF Growth % | -3.15% | 43.99% | -9.43% | 66.07% | 23.05% | -82.51% | 79.82% | 136.74% | -16.71% |
| Net Income | 4.03M | 13.49M | 3.98M | 27.25M | 33.75M | 28.47M | 8.78M | 15.31M | 8.96M |
| Depreciation & Amortization | 2.44M | 2.31M | 2.04M | 2.27M | 2.43M | 2.98M | 2.6M | 3.88M | 4.24M |
| Stock-Based Compensation | 2.31M | 3.29M | 5.29M | 8.77M | 14.16M | 15.12M | 11.38M | 8.23M | 6.51M |
| Deferred Taxes | -9.47M | -9.47M | 0 | 8.33M | 3.41M | 1.78M | 1.44M | 0 | 0 |
| Other Non-Cash Items | 10.45M | 9.8M | 79K | -8.16M | -1.82M | -1.18M | 492K | 2.31M | 401K |
| Working Capital Changes | 8.02M | 6.17M | 11.78M | 17K | -4.59M | -38.89M | -9.79M | 5.52M | 9.26M |
| Change in Receivables | 3.39M | 2.98M | -4.96M | -7.02M | -14.44M | -20.57M | 2.23M | -7.48M | -8.65M |
| Change in Inventory | -230K | -6.99M | -5.92M | -1.52M | 4.5M | -12.65M | -7.79M | 12.28M | 9.25M |
| Change in Payables | -2.07M | 549K | 440K | 356K | 879K | 3.48M | -3.78M | -13K | -232K |
| Cash from Investing | 8.4M | -1.09M | 29.6M | -139.31M | 42.62M | -19.67M | 19.98M | 17.81M | -1.55M |
| Capital Expenditures | -1.57M | -1.34M | -1.95M | -1.53M | -1.17M | -1.49M | -5.96M | -24.28M | -6.47M |
| CapEx % of Revenue | 1% | 0.76% | 0.97% | 0.69% | 0.47% | 0.54% | 2.44% | 10.03% | 2.64% |
| Acquisitions | 0 | 80K | 0 | 82.8M | -2.8M | -1.1M | -25.94M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - |
| Other Investing | 662K | -80K | 10.96M | -82.8M | 0 | 0 | 25.94M | 0 | 0 |
| Cash from Financing | -26.28M | -17.22M | -14.5M | 77.09M | -51.48M | -48.6M | -28.86M | -24.86M | -41.28M |
| Debt Issued (Net) | -3.5M | -2.51M | -2.47M | -2.5M | -1.2M | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -25.56M | -14.32M | -8M | 85.43M | -39.41M | -38.1M | -18.26M | -14.33M | -30.35M |
| Dividends Paid | 0 | -5.76M | -6.72M | -8.44M | -10.87M | -11.55M | -11.4M | -10.9M | -10.93M |
| Share Repurchases | -25.56M | -14.32M | -8M | 0 | -41.85M | -38.1M | -18.26M | -14.33M | -30.6M |
| Other Financing | 2.79M | 5.37M | 2.69M | 2.61M | 0 | 1.05M | 802K | 368K | 0 |
| Net Change in Cash | -109K▲ 0% | 7.27M▲ 6767.9% | 38.27M▲ 426.6% | -23.74M▼ 162.0% | 38.49M▲ 262.1% | -59.99M▼ 255.9% | 6.01M▲ 110.0% | 28.2M▲ 369.2% | -13.47M▼ 147.8% |
| Free Cash Flow | 16.19M▲ 0% | 24.24M▲ 49.7% | 21.22M▼ 12.5% | 36.95M▲ 74.1% | 46.17M▲ 25.0% | 6.79M▼ 85.3% | 8.93M▲ 31.4% | 10.97M▲ 22.9% | 22.89M▲ 108.6% |
| FCF Margin % | 10.33% | 13.76% | 10.59% | 16.73% | 18.55% | 2.47% | 3.65% | 4.53% | 9.32% |
| FCF Growth % | -4% | 49.71% | -12.46% | 74.11% | 24.97% | -85.28% | 31.38% | 22.93% | 108.59% |
| FCF per Share | 0.50 | 0.80 | 0.69 | 1.12 | 1.36 | 0.21 | 0.28 | 0.36 | 0.79 |
| FCF Conversion (FCF/Net Income) | 4.41x | 1.90x | 5.83x | 1.41x | 1.40x | 0.29x | 1.70x | 2.30x | 3.28x |
| Interest Paid | 297K | 267K | 205K | 204K | 455K | 0 | 0 | 0 | 0 |
| Taxes Paid | 741K | 933K | 1.1M | 835K | 1.58M | 4.02M | 4.2M | 5.78M | 0 |
AUDC Key Ratios
AudioCodes Ltd. (AUDC) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 14.36% | 4.01% | 14.44% | 4.25% | 18.03% | 16.25% | 14.4% | 4.65% | 8.06% | 4.93% |
| Return on Invested Capital (ROIC) | 5.64% | 8.36% | 16.79% | -10.83% | 21.97% | 17.22% | 14.47% | 5.76% | 7.04% | 5.78% |
| Gross Margin | 60.69% | 62.43% | 62.76% | 47.41% | 67.86% | 68.65% | 64.99% | 64.8% | 65.31% | 65% |
| Net Margin | 11.15% | 2.57% | 7.66% | 1.99% | 12.34% | 13.56% | 10.35% | 3.59% | 6.32% | 3.65% |
| Debt / Equity | 0.11x | 0.09x | 0.07x | 0.38x | 0.14x | 0.10x | 0.07x | 0.21x | 0.19x | 0.40x |
| Interest Coverage | 14.41x | 17.52x | 19.06x | -17.86x | 37.30x | 18.54x | 101.62x | 4.92x | 58.08x | 30.45x |
| FCF Conversion | 1.13x | 4.41x | 1.90x | 5.83x | 1.41x | 1.40x | 0.29x | 1.70x | 2.30x | 3.28x |
| Revenue Growth | 4.16% | 7.67% | 12.43% | 13.66% | 10.23% | 12.75% | 10.51% | -11.16% | -0.9% | 1.42% |
AUDC Frequently Asked Questions
AudioCodes Ltd. (AUDC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
AudioCodes Ltd. (AUDC) reported $245.6M in revenue for fiscal year 2025. This represents a 2570% increase from $9.2M in 1998.
AudioCodes Ltd. (AUDC) grew revenue by 1.4% over the past year. Growth has been modest.
Yes, AudioCodes Ltd. (AUDC) is profitable, generating $9.0M in net income for fiscal year 2025 (3.6% net margin).
Dividend & Returns
Yes, AudioCodes Ltd. (AUDC) pays a dividend with a yield of 4.43%. This makes it attractive for income-focused investors.
AudioCodes Ltd. (AUDC) has a return on equity (ROE) of 4.9%. This is below average, suggesting room for improvement.
AudioCodes Ltd. (AUDC) generated $24.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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AudioCodes Ltd. (AUDC) financial analysis — history, returns, DCA and operating performance tools
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