MIND CTI Reports Fourth Quarter and Full Year 2025 Results
Rhea-AI Summary
MIND CTI (NASDAQ: MNDO) reported Q4 2025 revenue of $4.9M and full-year 2025 revenue of $19.4M, down from $5.2M and $21.4M in the comparable periods of 2024. Operating income was $0.8M (17%) in Q4 and $2.1M (11%) for 2025. Net income was $1.0M in Q4 and $2.6M for the year. Cash from operations was $4.0M for 2025 and cash on hand totaled approximately $13.6M as of December 31, 2025. The board shifted from an annual dividend to a share repurchase program. The AGM is scheduled for May 6, 2026.
Positive
- Cash position approximately $13.6M as of December 31, 2025
- Board approved transition to a share repurchase program
- Positive operating income of $2.1M for full year 2025 (11% of revenue)
Negative
- Full-year net income declined to $2.6M from $4.6M in 2024 (≈43% drop)
- Operating income fell to $2.1M from $4.4M in 2024 (≈52% drop)
Key Figures
Market Reality Check
Peers on Argus
MNDO was down 0.8% pre-news. Peers showed mixed moves: declines in SAGT (-4.35%), HTCR (-2.46%), CREX (-2.21%), but gains in IPM (+1.82%) and MTC (+5.14%). This pattern points to stock-specific rather than broad sector-driven dynamics.
Previous Earnings Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Nov 12 | Q3 2025 earnings | Neutral | +6.8% | Q3 2025 results with stable revenues, profits and new buyback authorization. |
| Aug 11 | Q2 2025 earnings | Negative | -3.0% | Q2 2025 revenue and operating income declines with lower H1 net income. |
| May 06 | Q1 2025 earnings | Negative | -3.3% | Q1 2025 revenue, margin and net income declines plus warning on 2025 impact. |
| Mar 04 | FY 2024 earnings | Negative | -2.2% | Q4 and 2024 results with lower net income and cautious 2025 outlook. |
| Nov 05 | Q3 2024 earnings | Neutral | -0.8% | Q3 2024 revenue dip but solid nine‑month results and strong cash balance. |
Recent earnings releases typically produced modest, often negative moves, with an average shift of -0.49% across the last five events.
Over the last five earnings releases from Nov 2024 through Nov 2025, MIND CTI reported gradual revenue and profit pressure, especially across 2025 quarters, after earlier warnings tied to industry consolidation and competition. Margins compressed versus prior years, while cash levels remained solid and capital returns shifted between dividends and buybacks. Today’s Q4 and full-year 2025 report fits into this trend of softer top-line and profitability under challenging market conditions.
Historical Comparison
In the last five earnings releases, MNDO’s average move was about -0.49%, reflecting generally cautious reactions to recurring revenue and profit pressure.
Earnings updates from late 2024 through 2025 showed a shift from early warnings about industry headwinds to visible revenue and margin compression across Q1–Q3 2025, culminating in weaker full-year 2025 results and a capital return shift from dividends to buybacks.
Market Pulse Summary
This announcement highlights softer Q4 and full-year 2025 results, with revenue at $4.9M for the quarter and $19.4M for the year, down from $21.4M in 2024, and net income declining to $2.6M. Management points to industry consolidation, AI-driven pricing pressure and customer churn, while emphasizing continued investment in technology and AI integration. Investors may track future earnings, execution of the share repurchase program, and regional/product revenue mix as indicators of stabilization.
Key Terms
form 6-k regulatory
independent auditor regulatory
proxy statements regulatory
AI-generated analysis. Not financial advice.
* MIND CTI to Host Annual Meeting of Shareholders
YOQNEAM, Israel, March 10, 2026 (GLOBE NEWSWIRE) -- MIND C.T.I. LTD. – (NasdaqGM: MNDO), a leading provider of convergent end-to-end prepaid/postpaid billing and customer care product-based solutions for service providers, unified communications (UC) analytics and call accounting solutions for enterprises as well as enterprise messaging solutions, today announced results for its fourth quarter of 2025 and its full year ended December 31, 2025.
The following will summarize our business in the fourth quarter of 2025 and provide a more detailed review of the financial results for the quarter and for the full year. Full financial results can be found in the Company News section of our website at http://www.mindcti.com/company/news/ and in our Form 6-K.
Financial Highlights of Q4 2025
- Revenues of
$4.9 million , compared with$5.2 million in the fourth quarter of 2024. - Operating income of
$0.8 million , or17% of total revenue, compared with$1.3 million , or25% of revenue in the fourth quarter of 2024. - Net income of
$1.0 million , or$0.05 per share, compared with$1.2 million , or$0.06 per share in the fourth quarter of 2024. - Cash flow from operating activities of
$1.2 million , compared with$0.3 million in the fourth quarter of 2024.
Financial Highlights of Full Year 2025
- Revenues of
$19.4 million , compared with$21.4 million in 2024. - Operating income of
$2.1 million , or11% of total revenue, compared with$4.4 million , or20% of total revenue in 2024. - Net income of
$2.6 million , or$0.13 per share, compared with$4.6 million , or$0.23 per share in 2024. - Cash flow from operating activities of
$4.0 million , compared with$4.1 million in 2024. - Cash position of approximately
$13.6 million as of December 31, 2025.
Ariel Glassner, MIND CTI’s Chief Executive Officer, commented: “Market conditions throughout 2025 remained challenging. Industry consolidation continued to reshape our customer base, with a few customers undergoing merger-related changes that impacted operational priorities and spending patterns. At the same time, the rapid emergence of AI-driven solutions is increasing pricing pressure and accelerating customers’ focus on cost reduction and efficiency. As a result of these dynamics, together with continued customer churn and lower spending levels, we experienced an expected decrease in revenues during 2025. Based on our current visibility, we believe these headwinds are likely to continue to weigh on our revenues into 2026. Looking ahead, we remain committed to prioritizing investments in technology transformation and the integration of AI capabilities. In parallel, we are deploying refreshed go-to-market initiatives designed to capture emerging opportunities. While our industry is characterized by long sales cycles, we believe that our renewed efforts, which include improvements in our sales team, will strengthen our execution and will position MIND to pursue new business opportunities.”
Revenue Distribution for Q4 2025
Revenues in Europe represented
Revenues from our customer care and billing software were
Revenues from maintenance and additional services were
Revenue Distribution for Full Year 2025
Revenues in Europe represented
Revenues from our customer care and billing software were
Revenues from maintenance and additional services were
Follow-on Orders in 2025
Throughout 2025, we had multiple follow-on orders. The follow-on orders from long-time existing customers mainly included license upgrades, based on number of subscribers, enhancements of scope with additional functionality, integrations with new network elements, and upgrades to newer versions.
Share Buyback
As previously announced, the Board of Directors has approved a change to the Company’s capital return policy for the current period, transitioning from its prior annual dividend to a share repurchase program.
AGM
MIND also announced today that its 2026 Annual General Meeting of Shareholders will be held on May 6, 2026, at 10:00 A.M. (Israel time), at the offices of the Company, 2 HaCarmel Street, Yoqneam 2066724, Israel.
Shareholders of record at the close of business on April 1, 2026 are entitled to vote at the Meeting. All shareholders are cordially invited to attend the Meeting in person. Proxy statements and proxy cards for use by shareholders that cannot attend the meeting in person will be sent by mail.
The agenda of the Meeting is as follows:
- to re-appoint Fahn Kanne & Co. Grant Thornton Israel as the Company’s independent auditor until the close of the following Annual General Meeting and to authorize the Board of Directors of the Company to determine its remuneration or to delegate the Audit Committee thereof to do so;
- to re-elect Mr. Itay Barzilay as a Class II director of the Company until the close of 2029 Annual General Meeting of Shareholders of the Company;
- to elect Mr. Asher Mechlovich as a Class II director of the Company until the close of 2029 Annual General Meeting of Shareholders of the Company;
- to re-elect Mr. Joseph Tenne as a Class I director of the Company until the close of 2028 Annual General Meeting of Shareholders of the Company; and
- to discuss the Company’s audited financial statements for the year ended December 31, 2025.
Shareholders are entitled to propose an agenda item for the Meeting if they notify the Company within 14 days of this notice, subject to applicable law.
About MIND
MIND CTI Ltd. is a leading provider of convergent end-to-end billing and customer care product-based solutions for service providers, unified communications analytics and call accounting solutions for enterprises as well as enterprise messaging solutions. MIND provides a complete range of billing applications for any business model (license, SaaS, managed service or complete outsourced billing service) for Wireless, Wireline, Cable, IP Services and Quad-play carriers. A global company, with over thirty years of experience in providing solutions to carriers and enterprises, MIND operates from offices in Israel, Romania, Germany and the United States.
Cautionary Statement for Purposes of the "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995: All statements other than historical facts included in the foregoing press release regarding the Company's business strategy are "forward-looking statements", expectations of the results of the Company’s business optimization initiative, integration of the company’s acquisitions and its projected outlook and results of operations. These statements are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements are not guarantees of future performance, and actual results may materially differ. The forward-looking statements involve risks, uncertainties, and assumptions, including, but not limited to, economic conditions in our key markets, as well as the risks discussed in the Company's annual report and other filings with the United States Securities Exchange Commission. The Company does not undertake to update any forward-looking information.
For more information please contact:
Janice Kaye
MIND C.T.I. Ltd.
Tel: +972-4-993-6666
investor@mindcti.com
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