AudioCodes Ltd.(AUDC)Earnings, Financials & Key Ratios
AUDC•NASDAQ
$9.91
32.0× P/E·Price updated Jul 2, 2026
AboutAudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace. The company offers solutions, products, and services for unified communications, contact centers, VoiceAI business line, and service provider business. Its products include session border controllers, life cycle management solutions, VoIP network routing solutions, media gateways and servers, multi-service business routers, IP phones solutions, and value-added applications, as well as professional services. The company also offers One Voice Operations Center, a voice network management solution; Device Manager for administering business phones and meeting room solutions; AudioCodes Routing Manager for handling call routing in VoIP networks; and User Management Pack 365 simplifies user lifecycle and identity management across Microsoft Teams and Skype for Business deployments. In addition, it provides AudioCodes Live for Microsoft Teams, a portfolio of managed services for simplifying Teams adoption; appliances for Microsoft Skype/Teams for Business such as survivable branch appliances, CCE, and CloudBond 365; and a range of value-added voice applications comprising SmartTAP, Voca, VoiceAI Connect, and Meeting Insights. Further, the company offers managed services; and AudioCodes Live Cloud, a Microsoft Teams software as a service solution that enables service providers to offer their business customers a seamless migration to Microsoft Teams. It primarily markets and sells its products through a direct sales force and sales representatives to original equipment manufacturers, network equipment providers, and systems integrators and distributors in the telecommunications and networking industries. The company primarily operates in the Americas, Europe, the Far East, and Israel. AudioCodes Ltd. was incorporated in 1992 and is headquartered in Lod, Israel.Show more
- Revenue$246M+1.4%
- EBITDA$18M-13.3%
- Net Income$9M-41.5%
- EPS (Diluted)0.31-38.0%
- Gross Margin65%-0.5%
- EBITDA Margin7.44%-14.5%
- Operating Margin5.72%-19.5%
- Net Margin3.65%-42.3%
- ROE4.93%-38.8%
AUDC Price & Volume
AudioCodes Ltd. (AUDC) stock price & volume — 10-year historical chart
Loading chart...
Stagnant Revenue Growth Challenges Strategic Pivot Execution
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Stable
Profitability:Strained
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Geopolitical and transition execution
Key Thesis Takeaways
- AudioCodes is currently navigating a difficult transition from legacy hardware to a recurring subscription model, evidenced by muted 2.9% year-over-year revenue growth as of 2026Q1.
- While the company maintains a healthy balance sheet with a 0.24 debt-to-equity ratio, the lack of meaningful operating leverage and persistent earnings volatility suggest significant execution risk.
- Investors should monitor whether the company's pivot to VoiceAI can overcome the current stagnation and justify the ongoing capital allocation toward share repurchases, which totaled $13.7 million in 2026Q1.
Verdict Logic
while the company maintains a solid liquidity position with a 2.01 current ratio, the stagnant 2.9% revenue growth and inconsistent earnings quality warrant a cautious wait-and-see approach.
AUDC Growth Metrics
AudioCodes Ltd. (AUDC) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years5.8%
5 Years2.15%
3 Years-3.71%
TTM2.02%
Profit CAGR
10 Years37.68%
5 Years-19.95%
3 Years-31.99%
TTM-60.03%
EPS CAGR
10 Years40.97%
5 Years-17.88%
3 Years-29.37%
TTM-55.75%
Return on Capital
10 Years8.37%
5 Years9.32%
3 Years6.11%
Last Year5.62%
AUDC Recent Earnings
AudioCodes Ltd. (AUDC) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 5/12 qtrs (42%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 5, 2026Metric
Actual
Est
EPS
$0.14-12.5%
$0.16
Rev
$62M+1.0%
$62M
Q1 2026
Feb 3, 2026Metric
Actual
Est
EPS
$0.16+0.0%
$0.16
Rev
$63M+1.0%
$62M
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$0.17+75.2%
$0.10
Rev
$62M-0.7%
$62M
Q3 2025
Jul 29, 2025Metric
Actual
Est
EPS
$0.14-17.6%
$0.17
Rev
$61M+0.7%
$61M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 5, 2026 | $0.14vs $0.16-12.5% | $62Mvs $62M+1.0% |
| Q1 2026 | Feb 3, 2026 | $0.16vs $0.16+0.0% | $63Mvs $62M+1.0% |
| Q4 2025 | Nov 4, 2025 | $0.17vs $0.10+75.2% | $62Mvs $62M-0.7% |
| Q3 2025 | Jul 29, 2025 | $0.14vs $0.17-17.6% | $61Mvs $61M+0.7% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for AudioCodes Ltd. (AUDC)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $9.91 | $265.66M | 31.97 | 1.42% | 3.65% | 4.93% | 3.81% | |
| $2.35 | $412.67M | 10.68 | 1.28% | 3.8% | 7.85% | — | |
| $3.62 | $120.08M | -17.25 | -4.65% | -2.94% | -3.18% | — | |
| $1.83 | $258.38M | 183.00 | 2.89% | 0.22% | 1.2% | — | |
| $63.79 | $2.04B | -148.35 | 0.71% | 1.96% | 4.04% | — | |
| $94.64 | $13.58B | 19.72 | 6.28% | 14.69% | 32.22% | — |
Compare AUDC vs Peers
AudioCodes Ltd. (AUDC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Get notified when AUDC posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
AUDC Frequently Asked Questions
AudioCodes Ltd. (AUDC) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is AudioCodes Ltd.'s revenue?
AudioCodes Ltd. (AUDC) reported $247.4M in revenue for fiscal year 2025. This represents a 2589% increase from $9.2M in 1998.
How fast is AudioCodes Ltd. growing?
AudioCodes Ltd. (AUDC) grew revenue by 1.4% over the past year. Growth has been modest.
Is AUDC profitable?
Yes, AudioCodes Ltd. (AUDC) is profitable, generating $6.9M in net income for fiscal year 2025 (3.6% net margin).
Dividend & Returns
Does AUDC pay dividends?
Yes, AudioCodes Ltd. (AUDC) pays a dividend with a yield of 3.81%. This makes it attractive for income-focused investors.
What is AUDC's return on equity?
AudioCodes Ltd. (AUDC) has a return on equity (ROE) of 4.9%. This is below average, suggesting room for improvement.
What is AudioCodes Ltd.'s free cash flow?
AudioCodes Ltd. (AUDC) generated $23.8M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.