AudioCodes Ltd. (AUDC) — Financial statements
Income statement, balance sheet, and cash flow for AudioCodes Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 246↑1.4% | 242↓0.9% | 244↓11.2% | 275↑10.5% | 249 | |
| Cost of Revenue | 86↑2.3% | 84↓2.3% | 86↓10.7% | 96↑23.4% | 78 | |
| Gross Profit | 160↑0.9% | 158↓0.1% | 158↓11.4% | 179↑4.6% | 171 | |
| Operating Expenses | ||||||
| R&D Expenses | 53↑0.9% | 52↓8.8% | 57↓4.5% | 60↑12.1% | 53 | |
| General & Administrative Expenses | 16↓10.8% | 18↑7.1% | 17↓5.6% | 17↑9.9% | 16 | |
| Selling & Marketing Expenses | 77↑8.5% | 71↑1.3% | 70↑0.2% | 70↑13.0% | 62 | |
| SG&A Expenses | 93↑4.7% | 89↑2.4% | 87↓1.0% | 88↑12.4% | 78 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 146↑3.3% | 141↓2.1% | 144↓2.4% | 147↑12.2% | 131 | |
| Total Costs & Expenses | 232↑2.9% | 225↓2.2% | 230↓5.7% | 244↑16.4% | 209 | |
| Operating Results | ||||||
| Operating Income | 14↓18.3% | 17↑19.2% | 14↓53.9% | 31↓20.8% | 40 | |
| Depreciation & Amortization | 4↑9.1% | 4↑49.6% | 3↓13.0% | 3↑22.7% | 2 | |
| EBITDA | 18↓13.3% | 21↑13.7% | 19↓52.9% | 39↓11.2% | 44 | |
| EBIT | 14↓18.3% | 17↑7.9% | 16↓56.2% | 36↓13.2% | 42 | |
| Interest & Other Income | ||||||
| Net Interest Income | -0.46↓117.7% | 3↑1924.0% | 0.13↓94.7% | 2↑471.5% | 0.43 | |
| Interest Income | 0.00↓100.0% | 3↓13.7% | 3↑20.1% | 3↑4.3% | 3 | |
| Interest Expense | 0.46↑55.7% | 0.30↓90.9% | 3↑805.0% | 0.36↓84.2% | 2 | |
| Non-Operating Income | 0.00 | 0.00↑100.0% | -2↑70.1% | -5↓112.3% | -2 | |
| Other Income / Expenses | -0.46↑78.0% | -2↓3928.8% | -0.05↓101.8% | 3↑2228.5% | 0.12 | |
| Income Before Tax | 14↓10.1% | 15↑5.0% | 14↓58.0% | 34↓13.8% | 40 | |
| Income Tax Expense | 5↑2250.2% | -0.22↓103.8% | 6↓2.2% | 6↓3.0% | 6 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 9↓41.5% | 15↑74.4% | 9↓69.2% | 28↓15.7% | 34 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 9↓41.5% | 15↑74.4% | 9↓69.2% | 28↓15.7% | 34 | |
| Bottom-Line Net Income | 9↓41.5% | 15↑74.4% | 9↓69.2% | 28↓15.7% | 34 | |
| EPS (Basic) | 0.31↓39.2% | 0.51↑82.1% | 0.28↓68.5% | 0.89↓13.6% | 1.03 | |
| EPS (Diluted) | 0.31↓38.0% | 0.50↑78.6% | 0.28↓68.2% | 0.88↓12.0% | 1.00 | |
| Weighted Average Shares | 29↓4.3% | 30↓3.8% | 31↓1.4% | 32↓2.6% | 33 | |
| Weighted Average Diluted Shares | 29↓5.4% | 31↓3.0% | 32↓2.8% | 33↓4.0% | 34 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.