NASDAQ$AUDC

AudioCodes Ltd · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

AudioCodes reported solid financial results for the fourth quarter of 2025, driven by strong momentum in its Live family of managed services and conversational AI business.

AudioCodes announced its financial results for the fourth quarter and full year ended December 31, 2025, reporting a 1.7% year-over-year increase in quarterly revenues to $62.6 million and a 1.0% increase in quarterly services revenues to $34.6 million. The company also declared a semi-annual dividend of 20 cents per share.

  • Quarterly revenues increased by 1.7% year-over-year to $62.6 million.
  • Quarterly services revenues increased by 1.0% year-over-year to $34.6 million.
  • GAAP net income for the quarter was $1.9 million, or $0.07 per diluted share.
  • Non-GAAP net income for the quarter was $4.5 million, or $0.16 per diluted share.

Headline financials

Total Revenue

$62.6M

Previous: $61.6M+1.7%
EPS (adj)

$0.16

Previous: $0.37-56.8%
GAAP Gross Margin

65.6%

No prior period
GAAP Operating Margin

6.0%

No prior period
GAAP EBITDA

$4.9M

No prior period
Non-GAAP Gross Margin

65.9%

No prior period
Non-GAAP Operating Margin

8.6%

No prior period
Non-GAAP EBITDA

$6.5M

No prior period
Annual Recurring Revenue

$79M

No prior period
Shares Repurchased

667.2K

No prior period
Conversational AI Revenue Growth

50.0%

No prior period
Net Income

$1.9M

No prior period
Operating Income

$3.73M

No prior period
Gross Profit

$41.1M

Previous: $40.7M+0.9%

Revenue & EPS history

AudioCodes · Revenue · Quarterly

$62.6M

Q4 2025+1.7%vs Q4 2024
Beat estimate in 8 of 12 quarters(67%)
ActualEstimate

Forward guidance

AudioCodes anticipates sustained healthy top-line growth in 2026 and beyond, driven by increased investments in Live services and Conversational AI, and robust demand for business voice applications.

Tailwinds

  • Strong momentum in Live family of managed services for UCaaS and CX.
  • Significant growth in conversational AI business, with revenues up over 50% in Q4.
  • Robust and broad-based demand across the conversational AI portfolio, growing over 35% in 2025.
  • Substantial growth in Voice AI Connect and Live Hub revenues (above 50% year-over-year).
  • Confidence in new growth engine for coming years due to growing demand for business voice applications.

Headwinds

  • No specific negative forward guidance was provided in the report.
  • The company acknowledges general risks such as global economic conditions and competitive pressures.
  • Potential impacts from shifts in supply and demand.
  • Possible adverse impacts attributable to any pandemic or public health crisis.
  • Effects of current and future hostilities involving Israel.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.2%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+2.8%

Avg return

30 days after

42%

22 / 52 earnings

Positive

+29.6%

Q1 2020

Best reaction

-19.4%

Q3 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-13.3%+4.6%+5.6%
Q2 2025-4.1%-7.8%-9.7%
Q1 2025-9.1%-7.2%+2.2%
Q4 2024+12.3%+20.8%+4.3%
Q3 2024-7.3%-5.5%+4.7%
Q2 2024+6.8%+2.0%+2.0%
Q1 2024-13.2%-12.7%-11.8%
Q4 2023+12.2%+13.1%+11.6%
Q3 2023+26.7%+25.2%+44.6%
Q2 2023+11.1%+12.3%+3.0%
Q1 2023-7.6%-16.2%-7.8%
Q4 2022-9.2%-10.7%-20.6%
Q3 2022-7.6%-7.8%-2.5%
Q2 2022-9.8%-9.2%-8.1%
Q1 2022-4.2%-6.1%-1.7%
Q4 2021-5.3%-6.8%-5.2%
Q3 2021+0.0%+4.5%+3.7%
Q2 2021+0.5%+2.7%+0.9%
Q1 2021-1.5%+0.2%+5.1%
Q4 2020-7.3%-10.9%-14.0%
Q3 2020-5.9%-7.9%-11.5%
Q2 2020-17.3%-19.4%-29.2%
Q1 2020+29.6%+35.6%+56.3%
Q4 2019-16.3%-19.7%-16.7%
Q3 2019+13.8%+8.2%+24.4%
Q2 2019+8.4%+14.2%+7.4%
Q1 2019-12.2%-10.9%-8.8%
Q4 2018+7.3%+4.4%+2.2%
Q3 2018+22.0%+26.2%+9.1%
Q2 2018+9.5%+15.8%+29.5%
Q1 2018+7.6%+7.3%+11.7%
Q4 2017-0.8%+0.3%+0.7%
Q3 2017-4.6%-18.3%-18.2%
Q2 2017-0.1%+2.5%-0.9%
Q1 2017-4.5%-1.2%+2.4%
Q4 2016-1.3%-0.5%+3.8%
Q3 2016+2.5%+2.1%+17.6%
Q2 2016-3.4%-5.5%+21.6%
Q1 2016-0.7%
Q4 2015+6.0%
Q3 2015+6.5%
Q2 2015+1.1%
Q1 2015-2.6%
Q4 2014+1.4%
Q2 2014-9.5%
Q4 2013+11.3%
Q3 2013-19.4%
Q2 2013+17.1%
Q4 2012-2.4%
Q3 2012+8.0%
Q4 2011-4.2%
Q2 2010-4.8%

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