Cambium Networks Corporation (CMBM) Revenue History
Annual and quarterly revenue from 2016 to 2023
Compound Annual Growth Rate (CAGR)
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CMBM Revenue Growth
Revenue Breakdown (FY 2023)
CMBM's revenue distribution by segment and geography for fiscal year 2023
By Product/Segment
By Geography
CMBM Revenue Analysis (2016–2023)
As of May 8, 2026, Cambium Networks Corporation (CMBM) generated trailing twelve-month (TTM) revenue of $172.2 million, reflecting modest growth of +1.6% year-over-year. The most recent quarter (Q3 2024) recorded $43.7 million in revenue, down 4.8% sequentially.
Looking at the longer-term picture, CMBM's 5-year compound annual growth rate (CAGR) stands at -1.9%, indicating revenue contraction over this period. The company achieved its highest annual revenue of $335.9 million in 2021.
Revenue diversification analysis shows CMBM's business is primarily driven by Point To Multi Point (43%), Point To Point (37%), and Enterprise (18%).
When compared to Technology sector peers including CALX (+28.4% YoY), SATS (-5.2% YoY), and NTGR (+2.8% YoY), CMBM has underperformed the peer group in terms of revenue growth. Compare CMBM vs CALX →
CMBM Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CMBMCurrent | $172M | +1.6% | -1.9% | -27.6% | |
 CALX | $1.0B | +28.4% | +13.1% | 2.1% | |
 SATS | $15.0B | -5.2% | +51.4% | -118.1% | |
 NTGR | $693M | +2.8% | -11.2% | -5.1% | |
 CSCO | $56.7B | +9.0% | +2.8% | 20.8% | |
 ANET | $9.0B | +30.6% | +31.2% | 42.8% |
CMBM Historical Revenue Data (2016–2023)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2023 | $220.2M | -25.8% | $68.8M | 31.3% | $-60,854,000 | -27.6% |
| 2022 | $296.9M | -11.6% | $145.1M | 48.9% | $19.9M | 6.7% |
| 2021 | $335.9M | +20.6% | $160.8M | 47.9% | $36.4M | 10.8% |
| 2020 | $278.5M | +4.3% | $139.4M | 50.1% | $23.9M | 8.6% |
| 2019 | $267.0M | +10.5% | $131.2M | 49.1% | $755K | 0.3% |
| 2018 | $241.8M | +11.6% | $115.5M | 47.8% | $6.4M | 2.6% |
| 2017 | $216.7M | +19.4% | $110.7M | 51.1% | $14.9M | 6.9% |
| 2016 | $181.4M | - | $89.7M | 49.5% | $12.2M | 6.7% |
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Start ComparisonCMBM — Frequently Asked Questions
Quick answers to the most common questions about buying CMBM stock.
Is CMBM's revenue growth accelerating or slowing?
CMBM revenue growth slowed to +1.6%, below the 5-year CAGR of -1.9%. TTM revenue is $172M. The deceleration marks a shift from historical growth rates.
What is CMBM's long-term revenue growth rate?
Cambium Networks Corporation's 5-year revenue CAGR of -1.9% reflects the variable expansion pattern. Current YoY growth of +1.6% is near this long-term average.
How is CMBM's revenue distributed by segment?
CMBM reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2016-2023 are available for download. Segment mix reveals concentration and diversification trends.