InsiderClue
Stocks · Technology · Telephone & Telegraph Apparatus

AUDIOCODES LTD

AUDC Clue Score33
Israel Fiscal year ends December CIK 0001086434
$11.39 +0.62% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $11.39 −65.76% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue145.6Operating income7.8Net income16.2EPS, diluted0.45Fiscal year 2017Revenue156.7 +7.7%Operating income9.7Net income4.0 −75.2%EPS, diluted0.13 −71.1%Fiscal year 2018Revenue176.2 +12.4%Operating income16.4Net income13.5 +234.8%EPS, diluted0.45 +246.2%Fiscal year 2019Revenue200.3 +13.7%Operating income−9.6Net income4.0 −70.5%EPS, diluted0.13 −71.1%Fiscal year 2020Revenue220.8 +10.2%Operating income38.4Net income27.2 +585.1%EPS, diluted0.83 +538.5%Fiscal year 2021Revenue248.9 +12.7%Operating income39.5Net income33.8 +23.9%EPS, diluted1.00 +20.5%Fiscal year 2022Revenue275.1 +10.5%Operating income31.3Net income28.5 −15.7%EPS, diluted0.88 −12.0%Fiscal year 2023Revenue244.4 −11.2%Operating income14.4Net income8.8 −69.2%EPS, diluted0.28 −68.2%Fiscal year 2024Revenue242.2 −0.9%Operating income17.2Net income15.3 +74.4%EPS, diluted0.50 +78.6%Fiscal year 2025Revenue245.6 +1.4%Operating income14.0Net income9.0 −41.5%EPS, diluted0.31 −38.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 145.6 156.7 176.2 200.3 220.8 248.9 275.1 244.4 242.2 245.6
Growth +7.7% +12.4% +13.7% +10.2% +12.7% +10.5% −11.2% −0.9% +1.4%
Operating income 7.8 9.7 16.4 −9.6 38.4 39.5 31.3 14.4 17.2 14.0
Net income 16.2 4.0 13.5 4.0 27.2 33.8 28.5 8.8 15.3 9.0
Growth −75.2% +234.8% −70.5% +585.1% +23.9% −15.7% −69.2% +74.4% −41.5%
EPS, diluted 0.45 0.13 0.45 0.13 0.83 1.00 0.88 0.28 0.50 0.31
Growth −71.1% +246.2% −71.1% +538.5% +20.5% −12.0% −68.2% +78.6% −38.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin60.7%Operating margin5.3%Net margin11.2%Free cash flow margin11.6%Fiscal year 2017Gross margin62.4%Operating margin6.2%Net margin2.6%Free cash flow margin10.3%Fiscal year 2018Gross margin62.8%Operating margin9.3%Net margin7.7%Free cash flow margin13.8%Fiscal year 2019Gross margin47.4%Operating margin−4.8%Net margin2.0%Free cash flow margin10.6%Fiscal year 2020Gross margin67.9%Operating margin17.4%Net margin12.3%Free cash flow margin16.7%Fiscal year 2021Gross margin68.7%Operating margin15.9%Net margin13.6%Free cash flow margin18.5%Fiscal year 2022Gross margin65.0%Operating margin11.4%Net margin10.3%Free cash flow margin2.5%Fiscal year 2023Gross margin64.8%Operating margin5.9%Net margin3.6%Free cash flow margin3.7%Fiscal year 2024Gross margin65.3%Operating margin7.1%Net margin6.3%Free cash flow margin4.5%Fiscal year 2025Gross margin65.0%Operating margin5.7%Net margin3.6%Free cash flow margin9.3%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 60.7% 62.4% 62.8% 47.4% 67.9% 68.7% 65.0% 64.8% 65.3% 65.0%
Operating margin 5.3% 6.2% 9.3% −4.8% 17.4% 15.9% 11.4% 5.9% 7.1% 5.7%
Net margin 11.2% 2.6% 7.7% 2.0% 12.3% 13.6% 10.3% 3.6% 6.3% 3.6%
Free cash flow margin 11.6% 10.3% 13.8% 10.6% 16.7% 18.5% 2.5% 3.7% 4.5% 9.3%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow18.3Capital expenditure−1.5Free cash flow16.9Buybacks−29.4Dividends paid0.0Fiscal year 2017Operating cash flow17.8Capital expenditure−1.6Free cash flow16.2 −4.0%Buybacks−25.6Dividends paid0.0Fiscal year 2018Operating cash flow25.6Capital expenditure−1.3Free cash flow24.2 +49.7%Buybacks−14.3Dividends paid−5.8Fiscal year 2019Operating cash flow23.2Capital expenditure−1.9Free cash flow21.2 −12.5%Buybacks−8.0Dividends paid−6.7Fiscal year 2020Operating cash flow38.5Capital expenditure−1.5Free cash flow36.9 +74.1%Buybacks0.0Dividends paid−8.4Fiscal year 2021Operating cash flow47.3Capital expenditure−1.2Free cash flow46.2 +25.0%Buybacks−41.9Dividends paid−10.9Fiscal year 2022Operating cash flow8.3Capital expenditure−1.5Free cash flow6.8 −85.3%Buybacks−38.1Dividends paid−11.6Fiscal year 2023Operating cash flow14.9Capital expenditure−6.0Free cash flow8.9 +31.4%Buybacks−18.3Dividends paid−11.4Fiscal year 2024Operating cash flow35.3Capital expenditure−24.3Free cash flow11.0 +22.9%Buybacks−14.3Dividends paid−10.9Fiscal year 2025Operating cash flow29.4Capital expenditure−6.5Free cash flow22.9 +108.6%Buybacks−30.6Dividends paid−10.9
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 18.3 17.8 25.6 23.2 38.5 47.3 8.3 14.9 35.3 29.4
Capital expenditure −1.5 −1.6 −1.3 −1.9 −1.5 −1.2 −1.5 −6.0 −24.3 −6.5
Free cash flow 16.9 16.2 24.2 21.2 36.9 46.2 6.8 8.9 11.0 22.9
Growth −4.0% +49.7% −12.5% +74.1% +25.0% −85.3% +31.4% +22.9% +108.6%
Buybacks −29.4 −25.6 −14.3 −8.0 0.0 −41.9 −38.1 −18.3 −14.3 −30.6
Dividends paid 0.0 0.0 −5.8 −6.7 −8.4 −10.9 −11.6 −11.4 −10.9 −10.9

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash24.3Shareholders’ equity108.7Fiscal year 2017Cash24.2Shareholders’ equity92.4Fiscal year 2018Cash31.5Shareholders’ equity94.5Fiscal year 2019Cash64.8Shareholders’ equity92.5Fiscal year 2020Cash40.9Shareholders’ equity209.9Fiscal year 2021Cash79.4Shareholders’ equity205.5Fiscal year 2022Cash24.5Shareholders’ equity189.8Fiscal year 2023Cash30.5Shareholders’ equity188.1Fiscal year 2024Cash58.7Shareholders’ equity191.8Fiscal year 2025Cash45.3Shareholders’ equity171.3
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 24.3 24.2 31.5 64.8 40.9 79.4 24.5 30.5 58.7 45.3
Shareholders’ equity 108.7 92.4 94.5 92.5 209.9 205.5 189.8 188.1 191.8 171.3

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
60.7% 62.4% 62.8% 47.4% 67.9% 68.7% 65.0% 64.8% 65.3% 65.0%
5.3% 6.2% 9.3% −4.8% 17.4% 15.9% 11.4% 5.9% 7.1% 5.7%
5.2% 6.2% 9.4% −5.6% 16.6% 15.9% 12.4% 5.9% 6.2% 5.5%
11.2% 2.6% 7.7% 2.0% 12.3% 13.6% 10.3% 3.6% 6.3% 3.6%
11.6% 10.3% 13.8% 10.6% 16.7% 18.5% 2.5% 3.7% 4.5% 9.3%
Spending
20.0% 19.4% 19.7% 20.6% 20.9% 21.5% 21.8% 23.4% 21.5% 21.4%
4.4% 5.7% 5.8% 5.9% 6.4% 6.4% 6.4% 6.8% 7.3% 6.4%
1.0% 1.0% 0.8% 1.0% 0.7% 0.5% 0.5% 2.4% 10.0% 2.6%
−113.8% 58.2% 18.7% n/a 25.6% 14.9% 16.7% 38.9% −1.4% 34.0%
Returns
14.9% 4.4% 14.3% 4.3% 13.0% 16.4% 15.0% 4.7% 8.0% 5.2%
8.7% 2.4% 7.5% 1.6% 7.6% 9.7% 8.8% 2.6% 4.6% 2.8%
Balance and payout
n/a n/a n/a 62.2% 41.4% 41.2% 41.4% 44.3% 42.9% 47.0%
0.0% 0.0% 42.7% 169.0% 31.0% 32.2% 40.6% 129.8% 71.2% 122.1%
174.3% 157.9% 82.8% 69.4% 22.8% 114.2% 730.8% 332.3% 229.9% 181.5%