Sangoma Technologies Corporation(SANG)Earnings, Financials & Key Ratios
SANG•NASDAQ
$3.99
Price updated Jul 6, 2026
AboutSangoma Technologies Corporation develops, manufactures, distributes, and supports voice and data connectivity components for software-based communication applications worldwide. The company offers Switchvox, a business phone system; PBXact, a phone system; Internet protocol (IP) phones; service provider and voice over Internet protocol gateways; Switchvox Cloud, a unified communications solution; SIPstation SIP Trunking, a hosted session initiation protocol trunking service; PBXact Cloud, a cloud based private branch exchange service; Asterisk and FreePBX, an open source IP PBX software; and FAXStation, a fax-over-IP solution. It also provides session border controllers; telephony and media transcoding cards; and open source communications software. The company serves small and medium sized businesses, enterprises, original equipment manufacturers, carriers, and service providers. Sangoma Technologies Corporation was founded in 1984 and is headquartered in Markham, Canada.Show more
- Revenue$322M-4.6%
- EBITDA$60M-1.1%
- Net Income-$7M+42.4%
- EPS (Diluted)-0.21+40.6%
- Gross Margin68.34%-2.2%
- EBITDA Margin18.49%+3.7%
- Operating Margin-0.54%-25.0%
- Net Margin-2.12%+39.6%
- ROE-2.66%+41.0%
SANG Price & Volume
Sangoma Technologies Corporation (SANG) stock price & volume — 10-year historical chart
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Accelerating Revenue Contraction Challenges Cloud Transition Strategy
Investment Thesis • Updated 2026Q3
VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Strained
Cash Flow:Stable
Primary Risk:Liquidity and Revenue Contraction
Key Thesis Takeaways
- Sangoma Technologies faces a critical inflection point as its legacy hardware business erodes, evidenced by a 38.3% year-over-year revenue decline in 2026Q3.
- While the company has successfully reduced total debt from $99.6M in 2024Q3 to $39.8M in 2026Q3, the persistent net loss of $2.3M in the most recent quarter suggests that the cloud-transition strategy is failing to achieve necessary scale.
- Investors should remain cautious regarding the $187.5M goodwill balance, which represents over 58% of total assets and remains vulnerable to impairment given the ongoing operational deficits.
Verdict Logic
the company's inability to achieve GAAP profitability, combined with a 38.3% revenue decline and a tightening current ratio of 0.90, suggests significant execution risk in the current fiscal environment.
SANG Growth Metrics
Sangoma Technologies Corporation (SANG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years37.71%
5 Years27.36%
3 Years3.74%
TTM-17.83%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM16.74%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM16.02%
Return on Capital
10 Years4.36%
5 Years-1.19%
3 Years-0.64%
Last Year-0.54%
SANG Recent Earnings
Sangoma Technologies Corporation (SANG) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (27%)●Beat Revenue 3/12 qtrs (27%)
Q2 2026Latest
May 13, 2026Metric
Actual
Est
EPS
$0.07-75.0%
$0.04
Rev
$51M-2.1%
$52M
Q1 2026
Feb 4, 2026Metric
Actual
Est
EPS
$0.06-200.0%
$0.06
Rev
$52M+0.7%
$51M
Q4 2025
Nov 10, 2025Metric
Actual
Est
EPS
$0.06-50.0%
$0.04
Rev
$59M+16.3%
$51M
Q4 2025
Sep 17, 2025Metric
Actual
Est
EPS
$0.02+100.0%
$0.01
Rev
$59M+0.9%
$59M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 13, 2026 | $0.07vs $0.04-75.0% | $51Mvs $52M-2.1% |
| Q1 2026 | Feb 4, 2026 | $0.06vs $0.06-200.0% | $52Mvs $51M+0.7% |
| Q4 2025 | Nov 10, 2025 | $0.06vs $0.04-50.0% | $59Mvs $51M+16.3% |
| Q4 2025 | Sep 17, 2025 | $0.02vs $0.01+100.0% | $59Mvs $59M+0.9% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Sangoma Technologies Corporation (SANG)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $3.99 | $132.54M | -19.04 | -4.65% | -2.12% | -2.66% | — | |
| $60.67 | $1.94B | -141.09 | 0.71% | 1.96% | 4.04% | — | |
| $17.38 | $853.35M | 23.17 | 3.26% | 6.64% | 13.38% | — | |
| $1.87 | $22.77M | -0.15 | -22% | -26.24% | — | — | |
| $42.11 | $3.01B | 32.39 | 4.47% | 11.12% | 5.96% | — | |
| $13.11 | $725.27M | -18.46 | 9.08% | -16.48% | -4.58% | — |
Compare SANG vs Peers
Sangoma Technologies Corporation (SANG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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SANG Frequently Asked Questions
Sangoma Technologies Corporation (SANG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Sangoma Technologies Corporation's revenue?
Sangoma Technologies Corporation (SANG) reported $273.3M in revenue for fiscal year 2025. This represents a 124764% increase from $0.2M in 1997.
How fast is Sangoma Technologies Corporation growing?
Sangoma Technologies Corporation (SANG) saw revenue decline by 4.6% over the past year.
Is SANG profitable?
Sangoma Technologies Corporation (SANG) reported a net loss of $8.0M for fiscal year 2025.
Dividend & Returns
What is SANG's return on equity?
Sangoma Technologies Corporation (SANG) has a return on equity (ROE) of -2.7%. Negative ROE indicates the company is unprofitable.
What is Sangoma Technologies Corporation's free cash flow?
Sangoma Technologies Corporation (SANG) generated $38.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.