Skip to content
ES
MARKETS / NASDAQ / CRNT
NASDAQ · RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT · MID CAP

Ceragon Networks Ltd. CRNT

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$338.7M
▼ 14.1% YoY
$-2.1M
▼ 108.7% YoY
$17.9M
▲ 54.5% YoY
In brief

What this company does

Ceragon Networks Ltd. provides high-capacity wireless connectivity solutions to global markets across various industries, such as wireless (mobile) networks service providers and private networks. It sells its products through a variety of channels, including direct sales, OEMs, resellers, distributors and system integrators. In 2025, 2024 and 2023, North America accounted for 33%, 23% and 28% of its total revenues, respectively, and India accounted for 34%, 43% and 31%. As of December 31, 2025 its research, development and engineering staff consisted of 257 employees globally. Ceragon has 18 patents granted in the United States and other foreign jurisdictions including the European Patent Office, and 8 patent applications pending in the United States and other foreign jurisdictions including the European Patent Office.

Written from the business description in CERAGON NETWORKS LTD's annual report to the U.S. Securities and Exchange Commission, filed 15 April 2026. Every sentence was checked against that document before publication.

Growth
USD 338.7M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2025 · Revenue 338.7 · Net income -2.1
200M400M-40M200920112013201520172019202120232025
Compound annual growth
+4.7%
+5.2%
−0.3%
+2.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +5.2% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−1 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 2.1% · Net -0.6%
5%-10%-20%200920112013201520172019202120232025
ROE
FY2025 · ROE -1.2%
5%10%15%-20%-40%-60%200920112013201520172019202120232025
Gross margin33.8%
Operating margin2.1%
Net margin-0.6%
Return on assets-0.6%
EBITDAUSD 18.1M

Each USD of equity lost 1 cents this year.

Cash & shareholders
—
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 17.9
8M16M-20M-40M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2009 · Dividends — · Net buybacks 9.2
4M8M2009
Dividends paid—
Net buybacks—
Share of profit—
Consecutive raises—

Total assetsUSD 317.0M
EquityUSD 172.8M
CashUSD 38.4M
Gross debtUSD 19.0M
Net debtUSD -19.4M
Current ratio1.87×

The company holds more cash than debt.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.30.40.30.30.30.30.30.30.30.30.30.40.40.40.40.20.2
Operating income $B0.00.00.0−0.00.0−0.00.00.00.00.00.0−0.0−0.0−0.0−0.00.00.0
EBITDA $B0.00.00.0−0.00.00.00.00.00.00.00.0−0.0−0.0−0.0−0.00.0·
Income tax $B0.00.00.00.00.00.00.0−0.00.00.00.00.00.00.00.00.00.0
Net income $B−0.00.00.0−0.0−0.0−0.0−0.00.00.00.00.0−0.1−0.0−0.0−0.10.00.0
Free cash flow $B0.00.00.0−0.0−0.00.0−0.00.00.00.00.0−0.0−0.0−0.0−0.0−0.00.0
EPS, diluted $−0.020.270.07−0.23−0.18−0.21−0.030.280.190.150.01−1.22−1.230.641.490.380.10
Dividend / sh $·················
Payout %·················
ROE %−1.216.04.9−15.3−10.5−11.2−1.515.712.410.41.0−63.8−34.1−15.4−29.46.9·
Shares out B0.090.090.090.080.080.080.080.080.080.080.080.080.050.040.040.04·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 82 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 13 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRadio & Tv Broadcasting & Communications Equipment
Listed onNASDAQ
Incorporated inoutside the United States — SEC code L3
Fiscal year endsDecember 31
Data on record since2009

Share this section

Download image