Ceragon Networks Ltd. (CRNT) — Financial statements
Income statement, balance sheet, and cash flow for Ceragon Networks Ltd. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 339↓14.1% | 394↑13.5% | 347↑17.6% | 295↑1.5% | 291 | |
| Cost of Revenue | 224↓12.9% | 257↑13.2% | 227↑12.5% | 202↓0.1% | 202 | |
| Gross Profit | 115↓16.3% | 137↑14.2% | 120↑28.8% | 93↑5.3% | 88 | |
| Operating Expenses | ||||||
| R&D Expenses | 30↓12.9% | 35↑8.3% | 32↑8.7% | 30↑0.7% | 29 | |
| General & Administrative Expenses | 0.00↓100.0% | 14↓40.2% | 24↓30.6% | 34↑66.6% | 21 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 45↑10.2% | 41↑13.4% | 36↑6.8% | 34 | |
| SG&A Expenses | 73↑24.0% | 59↓8.4% | 64↓8.2% | 70↑29.6% | 54 | |
| Other Expenses | 0.00↓100.0% | 4↑110.2% | 2↓52.3% | 4 | 0.00 | |
| Operating Expenses | 104↑5.5% | 98↓0.5% | 99↓5.1% | 104↑24.4% | 84 | |
| Total Costs & Expenses | 328↓7.8% | 355↑9.0% | 326↑6.5% | 306↑7.0% | 286 | |
| Operating Results | ||||||
| Operating Income | 11↓71.5% | 39↑82.6% | 21↑293.9% | -11↓327.6% | 5 | |
| Depreciation & Amortization | 14↑18.3% | 12↑21.5% | 10↓9.7% | 11↓9.8% | 12 | |
| EBITDA | 25↓44.0% | 45↑49.9% | 30↑2648.2% | -1↓109.1% | 13 | |
| EBIT | 11↓66.7% | 33↑63.8% | 20↑265.9% | -12↓1571.4% | 0.83 | |
| Interest & Other Income | ||||||
| Net Interest Income | -7↑17.8% | -8↓6.9% | -7↓51.7% | -5↓3.4% | -5 | |
| Interest Income | 0.00↑100.0% | -2↓2233.3% | 0.09↓13.1% | 0.11↓33.1% | 0.16 | |
| Interest Expense | 7↑9.4% | 6↓20.7% | 8↑50.3% | 5↑2.2% | 5 | |
| Non-Operating Income | 0.00↓100.0% | 6↑491.4% | 0.93↓27.9% | 1↓67.5% | 4 | |
| Other Income / Expenses | -10↑9.9% | -11↓35.5% | -8↓34.3% | -6↑26.9% | -9 | |
| Income Before Tax | 0.71↓97.4% | 27↑113.9% | 13↑173.9% | -17↓351.5% | -4 | |
| Income Tax Expense | 3↓12.3% | 3↓51.1% | 7↑166.6% | 2↓77.8% | 11 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -2↓108.7% | 24↑286.9% | 6↑131.6% | -20↓32.8% | -15 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -2↓108.7% | 24↑286.9% | 6↑131.6% | -20↓32.8% | -15 | |
| Bottom-Line Net Income | -2↓108.7% | 24↑286.9% | 6↑131.6% | -20↓32.8% | -15 | |
| EPS (Basic) | -0.02↓108.3% | 0.28↑281.0% | 0.07↑183.6% | -0.09↑51.2% | -0.18 | |
| EPS (Diluted) | -0.02↓108.6% | 0.27↑270.9% | 0.07↑182.8% | -0.09↑51.2% | -0.18 | |
| Weighted Average Shares | 90↑4.2% | 86↑1.9% | 85↑0.6% | 84↑0.9% | 83 | |
| Weighted Average Diluted Shares | 90↑1.5% | 88↑3.5% | 85↑1.6% | 84↑0.9% | 83 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.