NASDAQ$CRNT
Ceragon Networks Ltd · Q2 2026 earnings
Q2 2026 earnings · · Before market open · Investor relations
Briefing
Ceragon Networks Ltd reported Q2 2026 revenues of $93.9 million, up 14% year-over-year, with a GAAP net loss of $2.1 million.
Ceragon Networks Ltd (CRNT) delivered Q2 2026 results on August 11, 2026, showing revenue growth driven by strong demand in India. GAAP results included operating income of $0.2 million and a net loss of $2.1 million, while non-GAAP metrics showed operating income of $4.0 million and net income of $1.7 million. The company updated its full-year 2026 outlook with revenue guidance of $355-385 million.
- Revenues reached $93.9 million, a 14.2% increase from $82.3 million in Q2 2025.
- India accounted for 48% of revenue, with strong bookings supporting visibility for the rest of 2026.
- GAAP gross margin was 31.7% (non-GAAP 32.2%), down from prior year due to mix and cost pressures.
- Updated 2026 guidance: revenue $355-385 million, non-GAAP gross margin 33.5-34.5%.
Headline financials
Revenue & EPS history
Ceragon · Revenue · Quarterly
$93.9M
Revenue by segment
Ceragon · $51.6M total across 2 segments · Q2 2025
- North America$26.8M—51.9%
- India$24.8M—48.1%
Forward guidance
Management updated 2026 full-year outlook with revenue of $355-385 million and adjusted margin targets.
Tailwinds
- Strong demand and bookings in India and North America private networks.
- Interest in E-band and 5G FR2 solutions driving competitive position.
Headwinds
- Lowered non-GAAP gross margin guidance to 33.5-34.5% from prior 35.5% midpoint.
- Lowered non-GAAP operating margin guidance to 5-6% from prior 6.5-7.5%.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports
-2.7%
Avg return
Earnings day
-3.2%
Avg return
5 days after
-2.5%
Avg return
30 days after
38%
24 / 64 earnings
Positive
+26.6%
Q4 2017
Best reaction
-35.1%
Q3 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | -4.7% | +6.4% | +8.0% | |
| Q4 2025 | -1.3% | +1.8% | -1.8% | |
| Q3 2025 | +1.8% | -8.8% | -7.9% | |
| Q2 2025 | -15.2% | -14.2% | -11.5% | |
| Q1 2025 | -1.4% | +5.8% | +9.7% | |
| Q4 2024 | -21.5% | -27.9% | -46.0% | |
| Q3 2024 | +10.2% | +21.9% | +87.1% | |
| Q2 2024 | +15.3% | -0.7% | +12.8% | |
| Q1 2024 | -9.8% | +1.1% | -3.2% | |
| Q4 2023 | +4.7% | +2.2% | +13.6% | |
| Q3 2023 | -8.2% | -4.4% | +2.2% | |
| Q2 2023 | +5.0% | +5.0% | -3.5% | |
| Q1 2023 | -8.2% | -9.2% | -8.2% | |
| Q4 2022 | -10.6% | -11.9% | -21.6% | |
| Q3 2022 | +4.6% | +6.3% | +12.6% | |
| Q2 2022 | +0.8% | +2.7% | -15.0% | |
| Q1 2022 | +2.1% | -1.0% | -5.2% | |
| Q4 2021 | -8.4% | -10.2% | -9.3% | |
| Q3 2021 | -9.4% | -7.7% | -25.9% | |
| Q2 2021 | +4.8% | +3.3% | +0.0% | |
| Q1 2021 | -2.3% | -1.2% | +3.8% | |
| Q4 2020 | -10.0% | +7.5% | -29.4% | |
| Q3 2020 | -4.1% | +0.5% | +23.5% | |
| Q2 2020 | +6.9% | +1.1% | -9.2% | |
| Q1 2020 | +0.0% | -0.9% | +4.5% | |
| Q4 2019 | -5.8% | -7.7% | -29.3% | |
| Q3 2019 | -35.1% | -38.5% | -36.1% | |
| Q2 2019 | -13.4% | -14.8% | -7.8% | |
| Q1 2019 | -12.9% | -14.8% | -20.8% | |
| Q4 2018 | -15.3% | -18.9% | -27.5% | |
| Q3 2018 | +13.6% | +25.7% | +22.5% | |
| Q2 2018 | -14.0% | -18.6% | -22.1% | |
| Q1 2018 | +10.0% | +3.5% | +17.8% | |
| Q4 2017 | +26.6% | +26.3% | +35.4% | |
| Q3 2017 | -11.1% | -18.7% | +4.3% | |
| Q2 2017 | -3.6% | +1.8% | -7.2% | |
| Q1 2017 | -9.9% | -6.8% | -24.4% | |
| Q4 2016 | -8.9% | -11.1% | -14.7% | |
| Q3 2016 | +4.8% | +3.5% | +7.9% | |
| Q2 2016 | -14.0% | -7.4% | +22.7% | |
| Q1 2016 | +18.6% | — | — | |
| Q4 2015 | +7.3% | — | — | |
| Q3 2015 | -18.9% | — | — | |
| Q2 2015 | +9.4% | — | — | |
| Q1 2015 | -10.2% | — | — | |
| Q4 2014 | -9.2% | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | -11.5% | — | — | |
| Q4 2013 | -5.0% | — | — | |
| Q3 2013 | -2.5% | — | — | |
| Q2 2013 | -0.3% | — | — | |
| Q1 2013 | +0.5% | — | — | |
| Q4 2009 | +0.5% | — | — | |
| Q4 2012 | +2.2% | — | — | |
| Q2 2012 | +1.4% | — | — | |
| Q3 2012 | +1.4% | — | — | |
| Q1 2012 | -1.1% | — | — | |
| Q4 2011 | -1.1% | — | — | |
| Q4 2010 | -1.1% | — | — | |
| Q3 2011 | -0.3% | — | — | |
| Q2 2011 | -4.4% | — | — | |
| Q1 2011 | -2.3% | — | — | |
| Q3 2010 | -3.7% | — | — | |
| Q2 2010 | +3.9% | — | — | |
| Q1 2010 | +0.4% | — | — | |
| Q3 2009 | — | — | — | |
| Q2 2009 | — | — | — | |
| Q1 2009 | — | — | — | |
| Q3 2008 | — | — | — | |
| Q4 2008 | — | — | — |
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