What is AudioCodes Ltd's earnings per share (EPS)?

AudioCodes Ltd (AUDC) reported diluted earnings per share of $0.31 for fiscal year 2025. This represents a -38.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

AudioCodes Ltd (AUDC) Financials

AUDC

FY2025 annual

Revenue $245.6M +1.4% YoY

Net Income $9.0M -41.5% YoY

EPS (Diluted) $0.31 -38.0% YoY

Free Cash Flow $22.9M +108.6% YoY

Market Cap $264.0M as of Oct 8, 2026

Price / Sales 1.1x on $245.6M revenue, FY2025

Price / Earnings 29.5x on $9.0M net income, FY2025

Price / Book 1.5x on $171.3M equity, Q4 FY2025

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Dec 31, 2025 Reported Mar 30, 2026 Currency USD FYE December

Newest figures come from the 20-F for FY2025, filed Mar 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AUDC SEC filings page.

AudioCodes Ltd (AUDC) reported $245.6M in revenue for fiscal year 2025, up 1.4% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI AUDC FY2025 2026-10-03

Revenue has stabilized and product-level margins remain near 65%, while operating profitability stays far below FY2021.

FY2024’s $35M operating cash flow was largely absorbed by $24M of capital spending, leaving only $11M of free cash flow. In FY2025, capital spending fell to $6M and free cash flow reached $23M, showing that cash conversion improved through lower reinvestment, not stronger earnings.

Gross margin held near 65% across FY2023-FY2025, but operating margin fell from 15.9% in FY2021 to 5.7% in FY2025. Because operating profitability recovered only partially, the earnings weakness appears concentrated after production costs—within operating spending—rather than in the core gross spread.

The current ratio rose from 1.6x in FY2022 to 2.2x in FY2025, improving near-term asset coverage. Yet debt-to-equity increased from 0.7x to 0.9x while buybacks and dividends continued, so shareholder distributions coincided with a thinner equity cushion despite positive earnings.

Financial Health Signals

Financial Health Score 51/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of AudioCodes Ltd's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

AudioCodes Ltd has an operating margin of 5.7%, meaning the company retains $6 of operating profit per $100 of revenue. This results in a moderate score of 55/100, indicating healthy but not exceptional operating efficiency. This is down from 7.1% the prior year.

Growth

AudioCodes Ltd's revenue grew a modest 1.4% year-over-year to $245.6M. This slow but positive growth earns a score of 32/100.

Leverage

AudioCodes Ltd has a moderate D/E ratio of 0.89. This balance of debt and equity financing earns a leverage score of 50/100.

Liquidity

AudioCodes Ltd's current ratio of 2.22 indicates adequate short-term liquidity, earning a score of 64/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

AudioCodes Ltd has a free cash flow margin of 9.3%, earning a moderate score of 53/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

AudioCodes Ltd's ROE of 5.2% shows moderate profitability relative to equity, earning a score of 53/100. This is down from 8.0% the prior year.

Altman Z-Score Grey Zone

2.42

AudioCodes Ltd scores 2.42, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

6/8

AudioCodes Ltd passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

3.28x

For every $1 of reported earnings, AudioCodes Ltd generates $3.28 in operating cash flow ($29.4M OCF vs $9.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

None of these metrics is reported for Q4 2025.

Cash & Balance Sheet

Cash & Debt

$45.3M

YoY-22.9%

QoQ-22.9%

5Y CAGR-2.1%

AudioCodes Ltd held $45.3M in cash as of Q4 2025; long-term debt is not reported for that period.

Shares Outstanding

27M

YoY-8.7%

QoQ-8.7%

5Y CAGR-8.0%

AudioCodes Ltd had 27M shares outstanding in Q4 2025. This represents a decrease of 8.7% from the same quarter a year earlier. Against the prior quarter it is down 8.7%.

Free Cash Flow

Not reported for Q4 2025.

Dividends Per Share

Not reported for Q4 2025.

Margins & Returns

None of these metrics is reported for Q4 2025.

Capital Allocation

None of these metrics is reported for Q4 2025.

AUDC Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AUDC quarterly income statement

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$245.6M+1.4%	$242.2M-0.9%	$244.4M-11.2%	$275.1M+10.5%	$248.9M+12.7%	$220.8M+10.2%	$200.3M+13.7%	$176.2M+12.4%	$156.7M+7.7%	$145.6M+4.2%	$139.8M-7.8%	$151.6M+10.5%	$137.2M+7.6%	$127.5M-18.2%	$155.8M
Cost of Revenue	$86.0M+2.3%	$84.0M-2.3%	$86.0M-10.7%	$96.3M+23.4%	$78.0M+10.0%	$71.0M-32.6%	$105.3M+60.5%	$65.6M+11.4%	$58.9M+2.9%	$57.2M+0.5%	$57.0M-9.0%	$62.6M+6.9%	$58.6M+7.9%	$54.3M-15.4%	$64.1M
Gross Profit	$159.6M+0.9%	$158.2M-0.1%	$158.3M-11.4%	$178.8M+4.6%	$170.9M+14.1%	$149.8M+57.8%	$95.0M-14.1%	$110.6M+13.0%	$97.8M+10.8%	$88.3M+6.7%	$82.8M-7.0%	$89.0M+13.1%	$78.7M+7.5%	$73.2M-20.2%	$91.7M
R&D Expenses	$52.6M+0.9%	$52.1M-8.8%	$57.2M-4.5%	$59.8M+12.1%	$53.4M+15.9%	$46.1M+11.8%	$41.2M+18.9%	$34.7M+14.2%	$30.3M+4.1%	$29.1M+4.1%	$28.0M-13.3%	$32.3M+14.5%	$28.2M-1.7%	$28.7M-10.8%	$32.1M
SG&A Expenses	$15.8M-10.8%	$17.7M+7.1%	$16.5M-5.6%	$17.5M+9.9%	$15.9M+12.3%	$14.2M+20.4%	$11.8M+14.9%	$10.3M+15.3%	$8.9M+39.7%	$6.4M-27.1%	$8.7M+13.7%	$7.7M-9.2%	$8.5M+2.9%	$8.2M-9.0%	$9.0M
Operating Income	$14.0M-18.3%	$17.2M+19.2%	$14.4M-53.9%	$31.3M-20.8%	$39.5M+3.1%	$38.4M+501.4%	-$9.6M-158.4%	$16.4M+69.5%	$9.7M+24.5%	$7.8M+186.5%	$2.7M-22.7%	$3.5M+27.8%	$2.7M+173.3%	-$3.7M-151.5%	$7.3M
EBITDA	$18.3M-13.3%	$21.1M+23.8%	$17.0M-50.4%	$34.3M-18.2%	$42.0M+3.3%	$40.6M+640.9%	-$7.5M-140.2%	$18.7M+54.4%	$12.1M+13.5%	$10.6M+87.8%	$5.7M-15.8%	$6.7M+13.2%	$5.9M+400.3%	-$2.0M-121.6%	$9.2M
Interest Expense	N/A	N/A	$1.6M+381.5%	$325K-47.7%	$621K-5.5%	$657K+231.8%	$198K-25.6%	$266K-9.5%	$294K+12.2%	$262K-5.8%	$278K-33.0%	$415K-32.7%	$617K-31.4%	$900K+160.1%	$346K
Income Tax	$4.6M+2250.2%	-$215K-103.8%	$5.6M-2.2%	$5.7M-3.0%	$5.9M-37.3%	$9.4M+161.5%	-$15.3M-594.2%	$3.1M-44.8%	$5.6M+164.9%	-$8.6M-410.7%	$2.8M-18.0%	$3.4M+341.5%	-$1.4M-359.5%	$541K+127.3%	$238K
Net Income	$9.0M-41.5%	$15.3M+74.4%	$8.8M-69.2%	$28.5M-15.7%	$33.8M+23.9%	$27.2M+585.1%	$4.0M-70.5%	$13.5M+234.8%	$4.0M-75.2%	$16.2M+4336.6%	$366K+525.6%	-$86K-102.0%	$4.2M+201.0%	-$4.2M-158.3%	$7.2M
EPS (Basic)	$0.31-39.2%	$0.51+82.1%	$0.28-68.5%	$0.89-13.6%	$1.03+18.4%	$0.87+521.4%	$0.14-70.2%	$0.47+261.5%	$0.13-71.7%	$0.46+4500.0%	$0.01	$0.00-100.0%	$0.11+200.0%	-$0.11-164.7%	$0.17
EPS (Diluted)	$0.31-38.0%	$0.50+78.6%	$0.28-68.2%	$0.88-12.0%	$1.00+20.5%	$0.83+538.5%	$0.13-71.1%	$0.45+246.2%	$0.13-71.1%	$0.45+4400.0%	$0.01	$0.00-100.0%	$0.11+200.0%	-$0.11-164.7%	$0.17
Diluted Shares (Avg)	29M-5.4%	31M-3.0%	32M-2.8%	33M-4.0%	34M+2.8%	33M+6.9%	31M+1.9%	30M-6.1%	32M-10.1%	36M-11.8%	41M-4.1%	42M+8.2%	39M-0.1%	39M-6.7%	42M

Metric	Q4'2520-F	Q4'2420-F	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q2'2110-Q	Q4'2010-K	Q2'2010-Q

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

AUDC Balance Sheet

AUDC quarterly balance sheet

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$323.0M-3.8%	$335.9M-0.5%	$337.5M+4.2%	$323.8M-7.3%	$349.4M-2.4%	$358.1M+46.6%	$244.3M+36.2%	$179.4M+4.9%	$170.9M-8.6%	$187.0M-1.5%	$189.8M-5.3%	$200.4M+15.0%	$174.3M+5.1%	$165.8M-14.0%	$192.7M
Current Assets	$181.3M+11.3%	$162.9M+14.2%	$142.7M-4.8%	$149.9M-10.5%	$167.6M-17.7%	$203.6M+53.6%	$132.6M+16.0%	$114.3M+47.7%	$77.4M-2.9%	$79.7M+7.9%	$73.9M-1.5%	$75.0M-26.5%	$102.0M+24.7%	$81.8M-19.0%	$101.0M
Cash & Equivalents	$45.3M-22.9%	$58.7M+92.3%	$30.5M+24.5%	$24.5M-69.1%	$79.4M+94.0%	$40.9M-36.8%	$64.8M+105.6%	$31.5M+30.0%	$24.2M-0.4%	$24.3M+28.7%	$18.9M+27.8%	$14.8M-51.9%	$30.8M+102.1%	$15.2M-46.1%	$28.3M
Short-Term Investments	$0	$0-100.0%	$7.4M+250.8%	$2.1M+216.9%	$669K	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$22.0M-30.0%	$31.5M-28.4%	$44.0M+20.8%	$36.4M+51.6%	$24.0M-17.8%	$29.2M+3.2%	$28.3M+25.0%	$22.6M+36.6%	$16.6M+1.4%	$16.3M-2.7%	$16.8M+13.9%	$14.7M+6.7%	$13.8M-17.8%	$16.8M-17.7%	$20.4M
Accounts Receivable	$67.4M+20.2%	$56.0M+9.6%	$51.1M-9.4%	$56.4M+15.3%	$49.0M+41.8%	$34.5M+25.5%	$27.5M+23.4%	$22.3M+1.0%	$22.1M-13.3%	$25.4M-0.7%	$25.6M-17.5%	$31.1M+17.5%	$26.4M+9.2%	$24.2M-21.7%	$30.9M
Long-Term Investments	$0-100.0%	$28.5M-56.6%	$65.7M-13.4%	$75.9M-15.0%	$89.3M	$0	$0	$0-100.0%	$20.5M-30.7%	$29.5M-41.3%	$50.3M-14.3%	$58.7M	$0-100.0%	$15.8M-33.8%	$23.8M
Goodwill	$37.6M0.0%	$37.6M0.0%	$37.6M0.0%	$37.6M0.0%	$37.6M+3.7%	$36.2M0.0%	$36.2M0.0%	$36.2M0.0%	$36.2M0.0%	$36.2M0.0%	$36.2M+7.3%	$33.7M0.0%	$33.7M+5.2%	$32.1M0.0%	$32.1M
Total Liabilities	$151.7M+5.3%	$144.1M-3.6%	$149.4M+11.4%	$134.1M-6.8%	$143.9M-3.0%	$148.3M-2.4%	$151.8M+79.0%	$84.8M+8.0%	$78.6M+0.3%	$78.3M+8.2%	$72.4M+8.6%	$66.7M-4.1%	$69.5M+3.0%	$67.5M-22.1%	$86.7M
Current Liabilities	$81.6M+4.9%	$77.8M-7.6%	$84.2M-10.9%	$94.5M-1.5%	$95.9M+1.2%	$94.8M+9.3%	$86.7M+57.7%	$54.9M+21.1%	$45.4M+1.4%	$44.7M+2.9%	$43.5M+6.6%	$40.8M+9.8%	$37.2M+5.6%	$35.2M-23.4%	$45.9M
Non-Current Liabilities	$70.1M+5.8%	$66.3M+1.7%	$65.2M+64.6%	$39.6M-17.3%	$47.9M-10.4%	$53.5M-17.9%	$65.2M+118.2%	$29.9M-10.0%	$33.2M-1.2%	$33.6M+16.3%	$28.9M+11.6%	$25.9M-20.0%	$32.3M+0.1%	$32.3M-20.7%	$40.7M
Total Equity	$171.3M-10.7%	$191.8M+2.0%	$188.1M-0.9%	$189.8M-7.7%	$205.5M-2.1%	$209.9M+126.9%	$92.5M-2.2%	$94.5M+2.3%	$92.4M-15.0%	$108.7M-7.5%	$117.5M-12.2%	$133.7M+27.6%	$104.8M+6.6%	$98.3M-7.3%	$106.0M
Retained Earnings	$23.2M-7.9%	$25.2M+21.2%	$20.8M-11.2%	$23.4M+260.5%	$6.5M+139.6%	-$16.4M+53.4%	-$35.2M-8.5%	-$32.5M+19.6%	-$40.4M+9.1%	-$44.4M+26.6%	-$60.5M+0.6%	-$60.9M-0.1%	-$60.8M+6.5%	-$65.0M-6.9%	-$60.8M

Metric	Q4'2520-F	Q4'2420-F	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q2'2110-Q	Q4'2010-K	Q2'2010-Q
Total Assets	$323.0M-3.8%	$335.9M-0.5%	$337.5M+4.2%	$323.8M-7.3%	$349.4M-2.4%	$355.2M+4.1%	$358.1M+46.6%	$341.2M
Current Assets	$181.3M+11.3%	$162.9M+14.2%	$142.7M-4.8%	$149.9M-10.5%	$167.6M-17.7%	$190.9M-19.4%	$203.6M+53.6%	$236.8M
Cash & Equivalents	$45.3M-22.9%	$58.7M+92.3%	$30.5M+24.5%	$24.5M-69.1%	$79.4M+94.0%	$116.4M-28.9%	$40.9M-36.8%	$163.8M
Short-Term Investments	$0	$0-100.0%	$7.4M+250.8%	$2.1M+216.9%	$669K	$0	$0	$0
Inventory	$22.0M-30.0%	$31.5M-28.4%	$44.0M+20.8%	$36.4M+51.6%	$24.0M-17.8%	$24.8M-15.7%	$29.2M+3.2%	$29.5M
Accounts Receivable	$67.4M+20.2%	$56.0M+9.6%	$51.1M-9.4%	$56.4M+15.3%	$49.0M+41.8%	$37.0M+22.8%	$34.5M+25.5%	$30.1M
Long-Term Investments	$0-100.0%	$28.5M-56.6%	$65.7M-13.4%	$75.9M-15.0%	$89.3M	$0	$0	$0
Goodwill	$37.6M0.0%	$37.6M0.0%	$37.6M0.0%	$37.6M0.0%	$37.6M+3.7%	$36.2M0.0%	$36.2M0.0%	$36.2M
Total Liabilities	$151.7M+5.3%	$144.1M-3.6%	$149.4M+11.4%	$134.1M-6.8%	$143.9M-3.0%	$144.5M-3.0%	$148.3M-2.4%	$149.0M
Current Liabilities	$81.6M+4.9%	$77.8M-7.6%	$84.2M-10.9%	$94.5M-1.5%	$95.9M+1.2%	$93.8M+8.2%	$94.8M+9.3%	$86.7M
Non-Current Liabilities	$70.1M+5.8%	$66.3M+1.7%	$65.2M+64.6%	$39.6M-17.3%	$47.9M-10.4%	$50.7M-18.6%	$53.5M-17.9%	$62.4M
Total Equity	$171.3M-10.7%	$191.8M+2.0%	$188.1M-0.9%	$189.8M-7.7%	$205.5M-2.1%	$210.7M+9.6%	$209.9M+126.9%	$192.2M
Retained Earnings	$23.2M-7.9%	$25.2M+21.2%	$20.8M-11.2%	$23.4M+260.5%	$6.5M+139.6%	-$3.5M+87.3%	-$16.4M+53.4%	-$27.2M

Not reported in any period shown, so not listed: Long-Term Debt.

AUDC Cash Flow Statement

AUDC quarterly cash flow statement

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$29.4M-16.7%	$35.3M+136.7%	$14.9M+79.8%	$8.3M-82.5%	$47.3M+23.0%	$38.5M+66.1%	$23.2M-9.4%	$25.6M+44.0%	$17.8M-3.1%	$18.3M+4.4%	$17.6M+194.8%	$6.0M-57.7%	$14.1M+370.2%	$3.0M+333.2%	-$1.3M
Depreciation & Amortization	$4.2M+9.1%	$3.9M+49.6%	$2.6M-13.0%	$3.0M+22.7%	$2.4M+7.2%	$2.3M+11.0%	$2.0M-11.5%	$2.3M-5.3%	$2.4M-15.7%	$2.9M-2.4%	$3.0M-8.3%	$3.2M+0.7%	$3.2M+82.7%	$1.8M-8.3%	$1.9M
Stock-Based Compensation	$6.5M-20.9%	$8.2M-27.7%	$11.4M-24.7%	$15.1M+6.8%	$14.2M+61.5%	$8.8M+65.7%	$5.3M+61.0%	$3.3M+42.5%	$2.3M-4.4%	$2.4M+1.7%	$2.4M-6.8%	$2.5M+49.7%	$1.7M+11.2%	$1.5M-34.2%	$2.3M
Capital Expenditures	$6.5M-73.3%	$24.3M+307.0%	$6.0M+301.1%	$1.5M+26.7%	$1.2M-23.3%	$1.5M-21.5%	$1.9M+45.4%	$1.3M-14.9%	$1.6M+6.6%	$1.5M-25.3%	$2.0M-22.2%	$2.5M+60.1%	$1.6M-20.9%	$2.0M+27.0%	$1.6M
Free Cash Flow	$22.9M+108.6%	$11.0M+22.9%	$8.9M+31.4%	$6.8M-85.3%	$46.2M+25.0%	$36.9M+74.1%	$21.2M-12.5%	$24.2M+49.7%	$16.2M-4.0%	$16.9M+8.2%	$15.6M+356.0%	$3.4M-72.7%	$12.5M+1162.8%	$990K+134.6%	-$2.9M
Investing Cash Flow	-$1.5M-108.7%	$17.8M-10.9%	$20.0M+201.5%	-$19.7M-146.2%	$42.6M+130.6%	-$139.3M-570.6%	$29.6M+2810.6%	-$1.1M-113.0%	$8.4M-40.2%	$14.1M+224.5%	$4.3M	N/A	$8.7M+537.3%	$1.4M+103.8%	-$35.5M
Financing Cash Flow	-$41.3M-66.1%	-$24.9M+13.9%	-$28.9M+40.6%	-$48.6M+5.6%	-$51.5M-166.8%	$77.1M+631.7%	-$14.5M+15.8%	-$17.2M+34.5%	-$26.3M+2.6%	-$27.0M-51.6%	-$17.8M	N/A	-$7.2M+58.6%	-$17.4M-218.1%	$14.7M
Dividends Paid	$10.9M+0.3%	$10.9M-4.4%	$11.4M-1.3%	$11.6M+6.3%	$10.9M+28.7%	$8.4M+25.6%	$6.7M+16.6%	$5.8M	$0	$0	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$30.6M+113.6%	$14.3M-21.5%	$18.3M-52.1%	$38.1M-9.0%	$41.9M	$0-100.0%	$8.0M-44.1%	$14.3M-44.0%	$25.6M-13.0%	$29.4M+50.6%	$19.5M+270.7%	$5.3M	$0-100.0%	$6.9M+81.5%	$3.8M

Metric	Q4'2520-F	Q4'2420-F	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q2'2110-Q	Q4'2010-K	Q2'2010-Q

Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.

AUDC Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

AUDC quarterly financial ratios

Metric	FY2520-F	FY2420-F	FY2320-F	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	65.0%-0.3pp	65.3%+0.5pp	64.8%-0.2pp	65.0%-3.7pp	68.7%+0.8pp	67.9%+20.4pp	47.4%-15.4pp	62.8%+0.3pp	62.4%+1.7pp	60.7%+1.4pp	59.2%+0.5pp	58.7%+1.4pp	57.3%-0.1pp	57.4%-1.4pp	58.8%
Operating Margin	5.7%-1.4pp	7.1%+1.2pp	5.9%-5.5pp	11.4%-4.5pp	15.9%-1.5pp	17.4%+22.1pp	-4.8%-14.0pp	9.3%+3.1pp	6.2%+0.8pp	5.3%+3.4pp	1.9%-0.4pp	2.3%+0.3pp	2.0%+4.9pp	-2.9%-7.6pp	4.7%
Net Margin	3.6%-2.7pp	6.3%+2.7pp	3.6%-6.8pp	10.3%-3.2pp	13.6%+1.2pp	12.3%+10.3pp	2.0%-5.7pp	7.7%+5.1pp	2.6%-8.6pp	11.2%+10.9pp	0.3%+0.3pp	-0.1%-3.1pp	3.1%+6.3pp	-3.3%-7.9pp	4.6%
Return on Equity	5.2%-2.7pp	8.0%+3.3pp	4.7%-10.3pp	15.0%-1.4pp	16.4%+3.4pp	13.0%+8.7pp	4.3%-10.0pp	14.3%+9.9pp	4.4%-10.6pp	14.9%+14.6pp	0.3%+0.4pp	-0.1%-4.1pp	4.0%+8.3pp	-4.3%-11.0pp	6.8%
Return on Assets	2.8%-1.8pp	4.6%+2.0pp	2.6%-6.2pp	8.8%-0.9pp	9.7%+2.1pp	7.6%+6.0pp	1.6%-5.9pp	7.5%+5.2pp	2.4%-6.3pp	8.7%+8.5pp	0.2%+0.2pp	0.0%-2.5pp	2.4%+4.9pp	-2.5%-6.2pp	3.7%
Current Ratio	2.22+0.1x	2.09+0.4x	1.69+0.1x	1.59-0.2x	1.75-0.4x	2.15+0.6x	1.53-0.5x	2.08+0.4x	1.71-0.1x	1.78+0.1x	1.70-0.1x	1.84-0.9x	2.75+0.4x	2.32+0.1x	2.20
Debt-to-Equity	0.89+0.1x	0.750.0x	0.79+0.1x	0.710.0x	0.700.0x	0.71-0.9x	1.64+0.7x	0.900.0x	0.85+0.1x	0.72+0.1x	0.62+0.1x	0.50-0.2x	0.660.0x	0.69-0.1x	0.82
Asset Turnover	0.760.0x	0.720.0x	0.72-0.1x	0.85+0.1x	0.71+0.1x	0.62-0.2x	0.82-0.2x	0.98+0.1x	0.92+0.1x	0.780.0x	0.740.0x	0.760.0x	0.790.0x	0.770.0x	0.81
FCF Margin	9.3%+4.8pp	4.5%+0.9pp	3.6%+1.2pp	2.5%-16.1pp	18.6%+1.8pp	16.7%+6.1pp	10.6%-3.2pp	13.8%+3.4pp	10.3%-1.3pp	11.6%+0.4pp	11.2%+8.9pp	2.3%-6.9pp	9.1%+8.3pp	0.8%+2.6pp	-1.8%

Metric	Q4'2520-F	Q4'2420-F	Q4'2310-K	Q4'2210-K	Q4'2110-K	Q2'2110-Q	Q4'2010-K	Q2'2010-Q
Current Ratio	2.22+0.1x	2.09+0.4x	1.69+0.1x	1.59-0.2x	1.75-0.4x	2.04-0.7x	2.15+0.6x	2.73
Debt-to-Equity	0.89+0.1x	0.750.0x	0.79+0.1x	0.710.0x	0.700.0x	0.69-0.1x	0.71-0.9x	0.78

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
AudioCodes Ltd AUDC	FY2025	$245.6M	$9.0M	3.6%	$264.0M	51/100
BK Technologies Corporation BKTI	FY2025	$86.1M	$13.5M	15.7%	$283.8M	51/100
Inseego Corp. INSG	FY2025	$166.2M	$838K	0.5%	$80.4M	40/100
Ceragon Networks Ltd CRNT	FY2025	$338.7M	-$2.1M	-0.6%	$194.4M	46/100
Lantronix Inc LTRX	FY2026	$120.9M	-$4.2M	-3.5%	$338.0M	45/100
Aviat Networks, Inc. AVNW	FY2026	$439.7M	$2.5M	0.6%	$268.0M	48/100

Where AudioCodes Ltd Ranks

Frequently Asked Questions

What is AudioCodes Ltd's annual revenue?

AudioCodes Ltd (AUDC) reported $245.6M in total revenue for fiscal year 2025. This represents a 1.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is AudioCodes Ltd's revenue growing?

AudioCodes Ltd (AUDC) revenue grew by 1.4% year-over-year, from $242.2M to $245.6M in fiscal year 2025.

Is AudioCodes Ltd profitable?

Yes, AudioCodes Ltd (AUDC) reported a net income of $9.0M in fiscal year 2025, with a net profit margin of 3.6%.

What is AudioCodes Ltd's EBITDA?

AudioCodes Ltd (AUDC) had EBITDA of $18.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

What is AudioCodes Ltd's gross margin?

AudioCodes Ltd (AUDC) had a gross margin of 65.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is AudioCodes Ltd's operating margin?

AudioCodes Ltd (AUDC) had an operating margin of 5.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is AudioCodes Ltd's net profit margin?

AudioCodes Ltd (AUDC) had a net profit margin of 3.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is AudioCodes Ltd's return on equity (ROE)?

AudioCodes Ltd (AUDC) has a return on equity of 5.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is AudioCodes Ltd's free cash flow?

AudioCodes Ltd (AUDC) generated $22.9M in free cash flow during fiscal year 2025. This represents a 108.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is AudioCodes Ltd's operating cash flow?

AudioCodes Ltd (AUDC) generated $29.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are AudioCodes Ltd's total assets?

AudioCodes Ltd (AUDC) had $323.0M in total assets as of fiscal year 2025, including both current and long-term assets.

What are AudioCodes Ltd's capital expenditures?

AudioCodes Ltd (AUDC) invested $6.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does AudioCodes Ltd spend on research and development?

AudioCodes Ltd (AUDC) invested $52.6M in research and development during fiscal year 2025.

Does AudioCodes Ltd buy back shares?

Yes, AudioCodes Ltd (AUDC) spent $30.6M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does AudioCodes Ltd have outstanding?

AudioCodes Ltd (AUDC) had 27M shares outstanding as of fiscal year 2025.

What is AudioCodes Ltd's current ratio?

AudioCodes Ltd (AUDC) had a current ratio of 2.22 as of fiscal year 2025, which is generally considered healthy.

What is AudioCodes Ltd's debt-to-equity ratio?

AudioCodes Ltd (AUDC) had a debt-to-equity ratio of 0.89 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is AudioCodes Ltd's return on assets (ROA)?

AudioCodes Ltd (AUDC) had a return on assets of 2.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is AudioCodes Ltd's P/E ratio?

AudioCodes Ltd (AUDC) trades at 29.5x earnings, its market capitalization divided by net income of $9.0M net income, FY2025. The market capitalization is $264.0M as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is AudioCodes Ltd's price-to-sales ratio?

AudioCodes Ltd (AUDC) trades at 1.1x sales, its market capitalization divided by revenue of $245.6M revenue, FY2025. The market capitalization is $264.0M as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is AudioCodes Ltd's Altman Z-Score?

AudioCodes Ltd (AUDC) has an Altman Z-Score of 2.42, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is AudioCodes Ltd's Piotroski F-Score?

AudioCodes Ltd (AUDC) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are AudioCodes Ltd's earnings high quality?

AudioCodes Ltd (AUDC) has an earnings quality ratio of 3.28x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is AudioCodes Ltd?

AudioCodes Ltd (AUDC) scores 51 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.