Financials · RDCM

Radcom Ltd. (RDCM) financials

For fiscal 2025 (ended Dec 31, 2025), Radcom Ltd. reported $71.49M of revenue and $11.99M of net income.

Revenue, FY2025
$71.49M
Revenue growth, YoY
+17.2%
Net income, FY2025
$11.99M
Net income growth, YoY
+72.1%
Net margin
16.8%
Free cash flow, FY2025
$14.22M
EPS, diluted, FY2025
$0.71
EPS growth, YoY
+65.1%
Cash
$30.49M
P/E
14.02
P/S
2.35
Market cap
$168.1M
Annual revenue$71.49M
FY2016FY2025
Annual net income$11.99M
FY2016FY2025
Annual free cash flow$14.22M
FY2016FY2025

RDCM revenue and earnings growth

RDCM revenueFY2025$71.49M

FY YoY
+17.2%
5Y CAGR
+13.7%
10Y CAGR
+14.4%

RDCM revenue was $71.49M for fiscal 2025 (ended Dec 31, 2025), up 17.2% from fiscal 2024. Compound annual growth was +13.7% over 5 years and +14.4% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

RDCM net incomeFY2025$11.99M

FY YoY
+72.1%

RDCM net income was $11.99M for fiscal 2025 (ended Dec 31, 2025), up 72.1% from fiscal 2024. Fiscal 2025 is the highest of the 15 fiscal years on file.

RDCM EPSFY2025$0.71

FY YoY
+65.1%

RDCM diluted EPS was $0.71 for fiscal 2025 (ended Dec 31, 2025), up 65.1% from fiscal 2024.

RDCM free cash flowFY2025$14.22M

FY YoY
+29.8%
10Y CAGR
+23.1%

RDCM free cash flow was $14.22M for fiscal 2025 (ended Dec 31, 2025), up 29.8% from fiscal 2024. Compound annual growth was +23.1% over 10 years. It rose in 3 of the last 4 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$71.49M$61.01M$51.60M$46.05M$40.28M$37.56M$33.01M$34.05M$37.23M$29.51M
Cost of revenue$17.19M$15.75M$13.77M$12.71M$11.42M$10.76M$9.92M$8.87M$10.49M$8.98M
Gross profit$54.30M$45.26M$37.83M$33.34M$28.86M$26.80M$23.09M$25.18M$26.75M$20.53M
Research and development$20.24M$18.66M$19.57M$21.48M$20.35M$19.20M$18.58M$15.50M$10.56M$8.05M
Selling, general and admin$6.44M$6.41M$5.06M$4.46M$4.18M$3.84M$3.67M$3.39M$4.19M$4.52M
Operating income$8.30M$3.09M-$662.0K-$4.11M-$5.49M-$4.58M-$7.83M-$3.49M$2.60M$1.12M
Pre-tax income$12.59M$7.20M$3.90M-$2.10M-$5.14M-$3.77M-$6.66M-$2.35M$2.98M$1.94M
Income tax$595.0K$234.0K$182.0K$159.0K$124.0K$220.0K$169.0K$63.0K$83.0K$24.0K
Net income$11.99M$6.97M$3.71M-$2.26M-$5.26M-$3.99M-$6.83M-$2.42M$2.90M$1.92M
EPS, basic$0.74$0.44$0.25-$0.16-$0.37-$0.29-$0.50-$0.18$0.24$0.18
EPS, diluted$0.71$0.43$0.24-$0.16-$0.37-$0.29-$0.50-$0.18$0.23$0.18
Diluted shares16.8M16.2M15.3M14.5M14.1M13.9M13.8M13.6M12.4M10.8M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$30.49M$19.24M$10.89M$9.53M$11.95M$13.55M$6.20M$61.99M$22.61M$42.92M
Short-term investments$79.44M$75.43M$71.27M$64.13M$58.62M$55.41M$63.08M-$40.00M-
Receivables$20.25M$19.04M$13.41M$11.07M$10.03M$12.45M$11.04M$20.38M$20.27M$4.39M
Inventory$318.0K$1.67M$246.0K$795.0K$931.0K$540.0K$1.36M$251.0K$1.20M$623.0K
Current assets$132.52M$117.20M$97.42M$87.45M$83.50M$83.38M$83.21M$84.39M$86.76M$49.89M
Goodwill$1.24M$1.24M$1.24M-------
Total assets$144.97M$130.57M$107.53M$101.00M$91.66M$93.64M$96.40M$89.53M$91.91M$54.57M
Current liabilities$23.03M$27.91M$20.11M$22.80M$16.25M$14.90M$12.72M$7.53M$11.92M$11.04M
Short-term debt--------$40.00M-
Total liabilities$30.87M$34.90M$25.04M$28.22M$21.51M$21.62M$22.53M$11.05M$15.51M$14.43M
Shareholders' equity$114.11M$95.68M$82.49M$72.78M$70.15M$72.02M$73.87M$78.48M$76.40M$40.14M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$14.61M$11.39M$4.71M$6.02M$2.00M-$50.0K$6.84M-$1.95M-$10.60M$9.45M
Capital expenditures$384.0K$427.0K$232.0K$150.0K$437.0K$427.0K$699.0K$662.0K$790.0K$1.33M
Free cash flow$14.22M$10.96M$4.47M$5.87M$1.56M-$477.0K$6.14M-$2.61M-$11.39M$8.12M
Investing cash flow-$4.01M-$2.74M-$3.59M-$8.43M-$3.50M$7.60M-$62.62M$39.34M-$40.79M-$1.33M
Financing cash flow$335.0K---$8.43M-$3.50M$7.60M$16.0K$2.13M$31.10M$25.69M
Stock-based compensation$6.12M$6.10M$6.12M$5.17M$3.36M$2.17M$2.23M$2.12M$2.22M$2.47M
Depreciation and amortization$694.0K$679.0K$621.0K$477.0K$540.0K$699.0K$752.0K$657.0K--

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY17.2%18.2%12.0%14.3%7.2%13.8%-3.1%-8.5%26.2%58.0%
Net income growth, YoY72.1%87.7%------51.5%-
EPS growth, YoY65.1%79.2%------27.8%-
Gross margin76.0%74.2%73.3%72.4%71.6%71.4%70.0%74.0%71.8%69.6%
Operating margin11.6%5.1%-1.3%-8.9%-13.6%-12.2%-23.7%-10.2%7.0%3.8%
Net margin16.8%11.4%7.2%-4.9%-13.1%-10.6%-20.7%-7.1%7.8%6.5%
Free cash flow margin19.9%18.0%8.7%12.7%3.9%-1.3%18.6%-7.7%-30.6%27.5%
Return on equity10.5%7.3%4.5%-3.1%-7.5%-5.5%-9.2%-3.1%3.8%4.8%
Return on assets8.3%5.3%3.5%-2.2%-5.7%-4.3%-7.1%-2.7%3.2%3.5%
Current ratio5.754.204.843.845.145.596.5411.217.284.52

Source: XBRL data Radcom Ltd. files with the SEC, latest filing dated Mar 31, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

RDCM peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
RDCM$71.49M+17.2%$11.99M16.8%$168.1M
PANW$11.48B+24.5%$307.00M2.7%$256.86B
FTNT$7.88B+20.2%$2.28B29.0%$87.31B
LOGI$4.95B+5.7%$810.23M16.4%$13.65B
CRSR$1.47B+1.6%$44.86M3.0%$1.28B
EVLV$171.44M+41.7%-$5.22M-3.0%$825.9M
MITK$197.90M+11.1%$22.54M11.4%$777.9M
SSYS$551.10M-3.7%-$104.28M-18.9%$565.0M
IMMR$1.73B+4.1%$10.33M0.6%$225.5M

RDCM FAQ

9 questions
  • What is RDCM revenue?
    Radcom Ltd. (RDCM) reported $71.49M of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 17.2% from the year before.
  • Is RDCM profitable?
    Yes. Radcom Ltd. earned $11.99M in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 16.8%.
  • How much cash and debt does RDCM have?
    Radcom Ltd. reported $30.49M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is RDCM revenue growing?
    Radcom Ltd.'s revenue changed +17.2% in fiscal 2025, to $71.49M. Its compound annual growth rate was +13.7% over 5 years and +14.4% over 10 years.
  • What is RDCM gross margin?
    Radcom Ltd.'s gross profit was $54.30M on $71.49M of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 76.0%.
  • What is RDCM free cash flow?
    Radcom Ltd. generated $14.22M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $14.61M less capital expenditures.
  • What is RDCM earnings per share?
    Diluted earnings per share were $0.71 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did RDCM last report financial results?
    The latest statements here come from Radcom Ltd.'s 20-F filed on Mar 31, 2026, covering the period ended Dec 31, 2025.
  • Where does this RDCM financial data come from?
    Quantisnow builds these statements from the structured XBRL data Radcom Ltd. files with the SEC. It is provided for information only and is not investment advice.