Ceragon Networks Ltd. (CRNT)

Ceragon Networks Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	380.52	394.19	347.18	295.17	290.77	262.88
Revenue Growth (YoY)	5.06%	13.54%	17.62%	1.52%	10.61%	-7.95%
Cost of Revenue	251.78	257.34	227.31	202.11	202.39	187.24
Gross Profit	128.74	136.85	119.87	93.06	88.38	75.65
Selling, General & Admin	64.44	58.97	64.54	70.12	54.36	52.51
Research & Development	33.3	34.95	32.27	29.69	29.47	31
Operating Expenses	97.74	93.93	96.81	99.81	83.83	83.51
Operating Income	31	42.93	23.06	-6.74	4.55	-7.87
Interest & Investment Income	1.19	0.14	0.09	0.11	0.16	0.08
Earnings From Equity Investments	-	-	-	-	-	-0.98
Currency Exchange Gain (Loss)	-3.52	-3.52	-0.75	-1.4	-3.88	-2.39
Other Non Operating Income (Expenses)	-6.68	-6.36	-7.53	-4.99	-4.65	-3.32
EBT Excluding Unusual Items	21.99	33.19	14.87	-13.02	-3.82	-14.47
Merger & Restructuring Charges	-6.3	-4.78	-2.13	-4.22	-	-
Legal Settlements	-1.16	-1.16	-	-	-	-
Other Unusual Items	2.14	-	-	-	-	-
Pretax Income	16.67	27.25	12.74	-17.24	-3.82	-14.47
Income Tax Expense	3.09	3.19	6.52	2.45	11.01	2.62
Net Income	13.58	24.06	6.22	-19.69	-14.83	-17.09
Net Income to Common	13.58	24.06	6.22	-19.69	-14.83	-17.09
Net Income Growth	30.58%	286.87%	-	-	-	-
Shares Outstanding (Basic)	88	86	85	84	83	81
Shares Outstanding (Diluted)	89	88	85	84	83	81
Shares Change (YoY)	2.71%	3.48%	1.60%	0.86%	2.79%	1.06%
EPS (Basic)	0.15	0.28	0.07	-0.23	-0.18	-0.21
EPS (Diluted)	0.15	0.27	0.07	-0.23	-0.18	-0.21
EPS Growth	34.68%	285.71%	-	-	-	-
Free Cash Flow	14.17	11.62	20.93	-15.36	-24.4	11.17
Free Cash Flow Per Share	0.16	0.13	0.24	-0.18	-0.29	0.14
Gross Margin	33.83%	34.72%	34.53%	31.53%	30.39%	28.78%
Operating Margin	8.14%	10.89%	6.64%	-2.28%	1.56%	-2.99%
Profit Margin	3.57%	6.10%	1.79%	-6.67%	-5.10%	-6.50%
Free Cash Flow Margin	3.72%	2.95%	6.03%	-5.20%	-8.39%	4.25%
EBITDA	44.19	55.04	33.03	4.3	16.39	2.8
EBITDA Margin	11.61%	13.96%	9.51%	1.46%	5.64%	1.07%
D&A For EBITDA	13.2	12.11	9.97	11.04	11.85	10.67
EBIT	31	42.93	23.06	-6.74	4.55	-7.87
EBIT Margin	8.14%	10.89%	6.64%	-2.28%	1.56%	-2.99%
Effective Tax Rate	18.56%	11.71%	51.19%	-	-	-

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q