CAMBIUM NETWORKS PROVIDES FINANCIAL UPDATE
Cambium Networks (NASDAQ: CMBM) provided a financial update for Q3 2025 reporting approximately $43 million of shipments vs $40 million in Q2 2025 (≈8% sequential increase) and approximately $45 million of new orders vs $47 million in Q2 2025. Distributors showed a ~9% sequential sell-through decline attributed to limited inventory, which management expects to improve as availability rises.
The company began initial shipments of new Wi‑Fi 7 access points in early Q4 2025 and launched new multi‑gigabit switches and ePMP Force subscriber radios supporting 5 GHz and 6 GHz.
Cambium Networks (NASDAQ: CMBM) ha fornito un aggiornamento finanziario per il Q3 2025 riportando circa 43 milioni di dollari di spedizioni rispetto a 40 milioni di dollari nel Q2 2025 (≈8% di incremento sequenziale) e circa 45 milioni di dollari di nuovi ordini rispetto a 47 milioni di dollari nel Q2 2025. I distributori hanno mostrato un declino del sell-through sequenziale di circa il 9% attribuito a scorte limitate, che la direzione si aspetta possa migliorare man mano che aumenta la disponibilità.
L'azienda ha iniziato le prime spedizioni di nuovi Wi‑Fi 7 punti di accesso all'inizio del Q4 2025 e ha lanciato nuovi switch multi‑gigabit e radios per abbonati ePMP Force che supportano 5 GHz e 6 GHz.
Cambium Networks (NASDAQ: CMBM) proporcionó una actualización financiera para el T3 2025 reportando aproximadamente 43 millones de dólares en envíos frente a 40 millones de dólares en el T2 2025 (≈8% de incremento secuencial) y aproximadamente 45 millones de dólares en nuevos pedidos frente a 47 millones de dólares en el T2 2025. Los distribuidores mostraron una caída de ~9% en el sell-through secuencial atribuida a inventario limitado, que la dirección espera mejorar a medida que aumenta la disponibilidad. La empresa inició los envíos iniciales de nuevos puntos de acceso Wi‑Fi 7 a principios del Q4 2025 y anunció nuevos switches de varios gigabits y radios de suscriptor ePMP Force que soportan 5 GHz y 6 GHz.
Cambium Networks (NASDAQ: CMBM) 은 2025년 3분기 재무 업데이트를 제공하며 약 4300만 달러의 선적액과 2025년 2분기의 4000만 달러 대비 약 8%의 순차 증가를 보고했고, 약 4500만 달러의 신규 주문과 2025년 2분기의 4700만 달러 대비 약간 감소를 보고했습니다. 유통사들은 재고 제한으로 인한 순순환 매출 하락 약 9%를 보였으며, 가용성이 증가함에 따라 개선될 것으로 경영진은 기대합니다. 회사는 2025년 4분기 초에 새로운 Wi‑Fi 7 액세스 포인트의 초기 선적을 시작했고, 5 GHz 및 6 GHz를 지원하는 신규 멀티기가비트 스위치와 ePMP Force 구독자 라디오를 출시했습니다.
Cambium Networks (NASDAQ : CMBM) a fourni une mise à jour financière pour le T3 2025 en indiquant environ 43 millions de dollars d'expéditions contre 40 millions de dollars au T2 2025 (≈8% d'augmentation séquentielle) et environ 45 millions de dollars de nouvelles commandes contre 47 millions de dollars au T2 2025. Les distributeurs ont montré une diminution du sell-through séquentiel d'environ ~9% attribuée à un inventaire limité, que la direction s'attend à améliorer à mesure que la disponibilité augmente. L'entreprise a commencé les premières expéditions des nouveaux points d'accès Wi‑Fi 7 au début du Q4 2025 et a lancé de nouveaux commutateurs multi-gigabits et des radios d'abonné ePMP Force prenant en charge le 5 GHz et le 6 GHz.
Cambium Networks (NASDAQ: CMBM) hat ein finanzielles Update für das Q3 2025 vorgelegt und berichtet etwa 43 Millionen USD an Lieferungen gegenüber 40 Millionen USD im Q2 2025 (≈8% sequenzieller Anstieg) und etwa 45 Millionen USD an Neuaufträgen gegenüber 47 Millionen USD im Q2 2025. Die Distributorinnen zeigten einen ca. 9%-igen sequenziellen Sell-Through-Rückgang, der auf eingeschränkte Lagerbestände zurückzuführen ist und von der Geschäftsführung erwartet wird, sich mit zunehmender Verfügbarkeit zu verbessern. Das Unternehmen begann Anfang Q4 2025 mit ersten Lieferungen neuer Wi‑Fi 7-Zugangspunkte und führte neue Multi-Gigabit-Switches sowie ePMP Force Radios für Abonnenten ein, die 5 GHz und 6 GHz unterstützen.
قدمت Cambium Networks (بورصة ناسداك: CMBM) تحديثاً مالياً للربع الثالث من 2025 يبيّن شحنات تقارب 43 مليون دولار مقابل 40 مليون دولار في الربع الثاني من 2025 (زيادة ربع سنوية بنحو 8%)، وطلبات جديدة تقارب 45 مليون دولار مقابل 47 مليون دولار في الربع الثاني من 2025. أظهر الموزعون انخفاضاً في معدل البيع من خلال القنوات بنحو ~9% ربطاً بندرة المخزون، وتتوقع الإدارة أن يتحسن مع زيادة التوفر. بدأت الشركة في أوائل الربع الرابع من 2025 بشحنات مبدئية لنقاط وصول جديدة Wi‑Fi 7 وأطلقت مفاتيح متعددة الجيجابت وراديوهات اشتراك ePMP Force تدعم 5 جيجاهرتز و6 جيجاهرتز.
- Shipments of $43 million in Q3 2025
- New orders of $45 million in Q3 2025
- Initial shipments of Wi‑Fi 7 access points began early Q4 2025
- Introduced new multi‑gigabit cnMatrix switches
- Sequential new orders declined 4% (Q3 vs Q2 2025)
- Distributor sell‑through down ~9% sequentially due to low inventory
Insights
Cambium reports modest sequential shipment growth, stable bookings within seasonal norms, and several new product introductions.
The company billed approximately
Risks and dependencies include channel inventory levels and the pace of replenishment; management states the sell-through decline was largely due to lack of available inventory and expects improvement as inventory recovers. The business also depends on commercial adoption of newly introduced products: two Wi‑Fi 7 access points (X7‑53X and X7‑55X) with initial shipments commencing in
Watchables include quarterly billings versus orders, channel sell‑through recovery tied to inventory, and uptake of the new Wi‑Fi 7 and ePMP products into
Financial Highlights (unaudited):
-
Cambium billed approximately
$43 million $40 million 8% . -
Cambium's customers placed approximately
$45 million $47 million 4% decrease is within the traditional seasonal variation between the second and third quarters that we have experienced in prior years. -
Although Cambium's distributors experienced a decrease of approximately
9% in sell-through on a sequential quarter basis, this was largely due to lack of available inventory, and this is expected to improve as our available inventory improves.
"We are starting to see stability in our markets, as evidenced by our quarterly bookings and shipping levels and are encouraged by the normalized level of inventory in the channel," said Morgan Kurk, president and CEO.
Cambium continues to innovate in both its enterprise and fixed wireless broadband product categories with significant new product introductions.
- In the enterprise product category, we launched and took initial orders for the X7-53X and the X7-55X Wi-Fi 7 access points. These ceiling-mounted multi-radio platforms are ideal for high client density deployments and complement the existing X7-35X Wi-Fi 7 access point. Initial shipments commenced in early fourth quarter 2025.
- In conjunction with the two new Wi-Fi 7 access points, we also announced two new multi-gigabit cnMatrix switches, the EX3030RM-P and the EX3052RM-P, which complement the Wi-Fi 7 access point's capacity. Looking forward to 2026, we intend to continue to build our Wi-Fi 7 access point portfolio with wall plate and additional ceiling mount options to meet our customers' needs as the industry transitions to Wi-Fi 7.
- In our fixed wireless product category, we introduced the ePMP Force 4518 and the ePMP Force 4616 subscriber radios, supporting 5 GHz and 6 GHz spectrum, respectively, and complementing the existing ePMP Force 4525 and ePMP Force 4625. The Force 4518 and Force 4616 are low-profile, cost-effective solutions that provide an aesthetically pleasing footprint while meeting service providers' challenging average revenue per user (ARPU) driven business cases.
Kurk added, "I was also pleased to see the trend in the attach rate of cnMaestro X, our subscription-based native cloud management platform. cnMaestro X provides advanced AI-based network management and security services, coupled with vertical market-specific capability via our MarketApps that managed service providers supporting the multi-dwelling (MDU) and hospitality markets have come to rely on to deliver impeccable services to their clients.
As Cambium journeys forward, I want to thank our suppliers, partners, and customers for their continued support and our employees for their exceptional dedication."
About Cambium Networks
Cambium Networks enables service providers, enterprises, industrial organizations, and governments to deliver exceptional digital experiences and device connectivity, with compelling economics. Our ONE Network platform simplifies management of Cambium Networks' wired and wireless broadband and network edge technologies. Our customers can focus more resources on managing their business rather than the network. We make connectivity that just works.
Cautionary Note Regarding Forward-Looking Statements
This release contains certain forward-looking statements within the meaning of the federal securities laws, including statements concerning revenues we expect to report for our second and third quarters of 2025 and impact on year-end estimated results, new bookings and sales out for the quarter, as well as statements concerning the growth of the Wi-Fi 7 market. All statements other than statements of historical fact contained in this document, including statements regarding our future results of operations and financial position, business strategy and plans and objectives of management for future operations, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. In particular, statements regarding revenues and operating metrics that we expect to report for previously completed financial periods have not been audited or reviewed by our independent public accountants, and are therefore subject to change. Any such changes could be material.
We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. These forward-looking statements speak only as of the date of this document and are subject to a number of risks, uncertainties and assumptions including those described in the "Risk factors" section of our annual and quarterly reports previously filed with the Securities and Exchange Commission. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely on these forward-looking statements as predictions of future events. The events and circumstances reflected in our forward-looking statements may not be achieved or occur and actual results could differ materially from those projected in the forward-looking statements. Some of the key factors that could cause actual results to differ from our expectations include: the unpredictability of our operating results; our ability to predict and respond to emerging technological trends and network operators' changing needs; the sufficiency of our cash resources and needs for additional financing; our ability to forecast future demand; the impact of competitive pressures on the development of new products and our success against competitors in our markets; current or future unfavorable economic conditions, both domestically and in our foreign markets, including the risk of a global or localized recessions; and our ability to regain compliance with our SEC filing obligations or the timing thereof. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, or otherwise.
Contacts:
Investor Relations
Cambium Networks
investors@cambiumnetworks.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/cambium-networks-provides-financial-update-302619163.html
SOURCE Cambium Networks
FAQ
What were Cambium Networks (CMBM) shipments in Q3 2025?
How did Cambium Networks' new orders (CMBM) change in Q3 2025?
Why did distributor sell‑through drop for Cambium (CMBM) in Q3 2025?
When did Cambium (CMBM) start shipping its Wi‑Fi 7 access points?
What new fixed wireless products did Cambium Networks (CMBM) introduce in late 2025?
How might Cambium's new product launches affect its 2026 product portfolio (CMBM)?
