Cambium Networks Corporation (CMBM) Revenue History
Annual and quarterly revenue from 2016 to present
CMBM Revenue Over Time (2016–2023)
CMBM Revenue Growth History
5 of 7 years with positive growth- FY2016 revenue growth
- N/A
- FY2017 revenue growth
- +19.4%
- FY2018 revenue growth
- +11.6%
- FY2019 revenue growth
- +10.5%
- FY2020 revenue growth
- +4.3%
- FY2021 revenue growth
- +20.6%
- FY2022 revenue growth
- -11.6%
- FY2023 revenue growth
- -25.8%
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2024 | $43.7M | +1.6% |
| Q2 2024 | $45.9M | -22.8% |
| Q1 2024 | $42.3M | -45.3% |
| Q4 2023 | $40.2M | -52.4% |
| Q3 2023 | $43.0M | -47.0% |
| Q2 2023 | $59.5M | -14.1% |
| Q1 2023 | $77.4M | +25.1% |
| Q4 2022 | $84.5M | +7.4% |
Multi-year avg. share of annual revenue by fiscal quarter
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)
Current Revenue & Growth
As of June 29, 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.
Historical Growth Trajectory
CMBM's 5-year compound annual growth rate (CAGR) stands at -1.9%, indicating revenue contraction over this period. The 3-year CAGR of -7.5% is below the 5-year average, signalling a growth deceleration in recent years. Cambium Networks Corporation's highest annual revenue of $335.9 million was recorded in 2021.
Revenue by Segment
CMBM's revenue is primarily driven by Point To Multi Point (43%), Point To Point (37%), and Enterprise (18%). The diversified mix across segments reduces dependence on any single product line, which can support more resilient revenue in downturns.
Peer Comparison
Compared to Technology sector peers — including CALX (+28.4% YoY), SATS (-5.6% YoY), and NTGR (+2.8% YoY) — CMBM has underperformed the peer group in 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 | -5.6% | +51.4% | -118.1% | |
 NTGR | $693M | +2.8% | -11.2% | -5.1% | |
 CSCO | $56.7B | +9.2% | +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% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
10+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
CMBM — 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 is slowing. TTM revenue is $172M, up +1.6% year-over-year — below the 5-year CAGR of -1.9%. The deceleration suggests maturing end-markets or increased competition.
What is CMBM's revenue history from 2016 to 2026?
Cambium Networks Corporation (CMBM) revenue history spans 2016 to 2026. TTM revenue as of 2026 is $172M, growing at +1.6% YoY. The 5-year CAGR is -1.9%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is CMBM's long-term revenue growth rate (CAGR)?
Cambium Networks Corporation's 5-year revenue CAGR of -1.9% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of +1.6% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for CMBM.
Why does CMBM's quarterly revenue fluctuate?
CMBM quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Cambium Networks Corporation's revenue data from 2016 to 2026 shows full historical quarterly detail on this page.
How is CMBM's revenue distributed by segment?
CMBM reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does CMBM's revenue compare to industry peers?
Cambium Networks Corporation (CMBM) with TTM revenue of $172M and +1.6% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.