Ceragon Networks LTD income statement

In fiscal 2025, Ceragon Networks LTD reported revenue of $339m, down 14.1% on the year before, operating income of $7.2m (a 2.1% margin) and net income of −$2.1m, or −$0.02 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.

Ceragon Networks 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	184	250	445	447	362	371	349	294	332	344	286	263	291	295	347	394	339
Cost of revenue	123	160	323	308	250	287	246	194	225	228	189	187	202	202	227	257	224
Gross profit	62	89	122	138	112	84	103	99	107	116	97	76	88	93	120	137	115
Research and development	19	25	50	47	43	35	23	22	26	28	27	31	29	30	32	35	30
Selling and marketing	29	37	82	77	68	56	41	40	42	43	39	33	34	36	41	45	49
General and administrative	11	12	27	28	27	24	21	20	17	19	23	19	21	34	24	14	24
Operating income	3	14	−49	−19	−27	−32	22	19	23	26	7	−8	5	−11	21	39	7
Interest expense	—	0	3	4	5	8	6	4	5	5	4	4	5	5	8	6	5
Provision for credit losses	—	—	—	—	—	—	—	—	—	—	—	2	3	14	4	1	1
Income before tax	4	15	−51	−22	−41	−70	7	13	17	20	1	−13	−4	−17	13	27	1
Income tax	0	1	2	1	7	7	6	2	2	−3	2	3	11	2	7	3	3
Net income	4	14	−54	−23	−47	−76	1	11	16	23	−2	−17	−15	−20	6	24	−2
Diluted EPS	$0.10	$0.38	−$1.49	−$0.64	−$1.23	−$1.22	$0.01	$0.15	$0.19	$0.28	−$0.03	−$0.21	−$0.18	−$0.23	$0.07	$0.27	−$0.02
Diluted shares (average)	—	37m	36m	36m	39m	63m	77m	79m	80m	81m	80m	81m	83m	84m	85m	88m	90m
EBITDA	6	19	−35	−4	−11	−19	34	30	32	34	17	5	17	0	31	51	22

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