NASDAQ · CRNT
Ceragon Networks financials
$2.03−1.93%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $338.7M | $394.2M | $347.2M | $295.2M | $290.8M | $262.9M | $285.6M | $343.9M | $332.0M | $293.6M |
| Gross profit | $114.6M | $136.9M | $119.9M | $93.1M | $88.4M | $75.6M | $96.8M | $116.2M | $107.3M | $99.2M |
| Gross margin | 33.8% | 34.7% | 34.5% | 31.5% | 30.4% | 28.8% | 33.9% | 33.8% | 32.3% | 33.8% |
| Operating income | $7.2M | $38.7M | $21.2M | -$10.9M | $4.8M | -$7.6M | $7.3M | $26.1M | $23.1M | $19.5M |
| Net income | -$2.1M | $24.1M | $6.2M | -$19.7M | -$14.8M | -$17.1M | -$2.3M | $23.0M | $15.6M | $11.4M |
| Net margin | −0.6% | 6.1% | 1.8% | −6.7% | −5.1% | −6.5% | −0.8% | 6.7% | 4.7% | 3.9% |
| Diluted EPS | $-0.02 | $0.27 | $0.07 | $-0.23 | $-0.18 | $-0.21 | $-0.03 | $0.28 | $0.19 | $0.15 |
| EBITDA | $25.4M | $53.9M | $33.2M | $103.0K | $17.1M | $5.3M | $17.0M | $33.9M | $32.4M | $29.5M |
| Operating cash flow | $31.6M | $26.2M | $30.9M | -$4.9M | -$15.0M | $17.2M | -$12.9M | $22.5M | $17.2M | $25.8M |
| Free cash flow | $17.9M | $11.6M | $20.9M | -$15.4M | -$24.4M | $11.2M | -$24.5M | $12.2M | $8.6M | $17.6M |
| Diluted shares | 89.8M | 88.5M | 85.5M | 84.1M | 83.4M | 81.1M | 80.3M | 81.0M | 79.9M | 78.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $38.4M | $35.3M | $28.2M | $22.9M | $17.1M | $27.1M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $19.0M | $25.2M | $32.6M | $37.5M | $14.8M | $6.0M |
| Total assets | $317.0M | $345.0M | $298.5M | $289.3M | $292.6M | $272.4M |
| Total liabilities | $144.3M | $178.7M | $164.5M | $169.5M | $155.4M | $126.3M |
| Shareholders' equity | $172.8M | $166.3M | $134.0M | $119.8M | $137.2M | $146.1M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology