Audiocodes LTD income statement

In fiscal 2025, Audiocodes LTD reported revenue of $246m, up 1.4% on the year before, operating income of $14.0m (a 5.7% margin) and net income of $9.0m, or $0.31 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Audiocodes LTD: income statement, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	126	150	156	127	137	152	140	146	157	176	200	221	249	275	244	242	246
Cost of revenue	56	66	64	54	59	63	57	57	59	66	105	71	78	96	86	84	86
Gross profit	70	84	92	73	79	89	83	88	98	111	95	150	171	179	158	158	160
Research and development	30	30	32	29	28	32	28	29	30	35	41	46	53	60	57	52	53
Selling and marketing	32	35	43	40	39	46	43	45	49	49	52	51	62	70	70	71	77
General and administrative	—	8	9	8	8	8	9	6	9	10	12	14	16	17	17	18	16
Operating income	−0	10	7	−4	3	4	3	8	10	16	−10	38	40	31	14	17	14
Interest expense	—	0	0	1	1	0	0	0	0	0	0	1	1	0	2	—	—
Income before tax	−3	10	8	−3	3	3	3	8	10	17	−11	37	40	34	14	15	14
Income tax	0	−2	0	1	−1	3	3	−9	6	3	−15	9	6	6	6	−0	5
Net income	−3	12	7	−4	4	−0	0	16	4	13	4	27	34	28	9	15	9
Diluted EPS	−$0.07	$0.30	$0.17	−$0.11	$0.11	$0.00	$0.01	$0.45	$0.13	$0.45	$0.13	$0.83	$1.00	$0.88	$0.28	$0.50	$0.31
Diluted shares (average)	—	41m	42m	39m	39m	42m	41m	36m	32m	30m	31m	33m	34m	33m	32m	31m	29m
EBITDA	—	13	9	−2	5	5	4	9	11	18	−8	40	42	34	16	21	18

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Audiocodes LTD's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Audiocodes LTD.