Audiocodes Ltd (AUDC)
Audiocodes Ltd reported revenue of $245.6M in fiscal 2025, up 1.4% from a year earlier. Net income was $9M, a net margin of 3.6%. Operating cash flow minus capital spending left $22.9M of free cash flow in fiscal 2025. At December 31, 2025 it held $45.3M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on March 30, 2026.
Key facts about Audiocodes Ltd
- Net worth
- Audiocodes Ltd has a market value (market cap) of $206.3M at the latest share price, and shareholders' equity of $171.3M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $245.6M (+1.4% year on year), with net income of $9M.
- Cash flow
- In fiscal 2025 operations brought in $29.4M of cash; after $6.5M of capital spending, free cash flow was $22.9M.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on March 30, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What Audiocodes Ltd does
Audiocodes Ltd is registered with the SEC under industry code SIC 3661 (Telephone & Telegraph Apparatus). Its shares trade on NASDAQ under the ticker AUDC.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $245.6M | $9M | $0.31 | $22.9M |
| 2024 | $242.2M | $15.3M | $0.50 | $11M |
| 2023 | $244.4M | $8.8M | $0.28 | $8.9M |
| 2022 | $275.1M | $28.5M | $0.88 | $6.8M |
| 2021 | $248.9M | $33.8M | $1.00 | $46.2M |
| 2020 | $220.8M | $27.2M | $0.83 | $36.9M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where AUDC ranks in Utilities
Dividends
It paid out $10.9M in cash dividends, 122% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $10.9M | 122% |
| 2024 | n/a | $10.9M | 71% |
| 2023 | n/a | $11.4M | 130% |
| 2022 | n/a | $11.6M | 41% |
| 2021 | n/a | $10.9M | 32% |
| 2020 | n/a | $8.4M | 31% |
Latest SEC filings
What Audiocodes Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026
- November 4, 2026
- September 14, 2026
- September 9, 2026
- August 5, 2026
- August 4, 2026
- May 20, 2026
- May 11, 2026Passive stake changed SCHEDULE 13G/A
- May 7, 2026
- May 5, 2026
Insider trades
What the people running Audiocodes Ltd did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $126.1K and sold $327.7K worth of shares in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 6, 2026 | Adlersberg ShabtaiPresident and CEO | Bought | 5,939 | $46.8K |
| November 5, 2026 | Adlersberg ShabtaiPresident and CEO | Bought | 10,000 | $79.4K |
| September 14, 2026 | Adlersberg ShabtaiPresident & CEO | Received as pay | 80,000 | - |
| September 9, 2026 | Makov ItayDirector | Received as pay | 10,000 | - |
| September 9, 2026 | Tenne JosephDirector | Received as pay | 10,000 | - |
| September 9, 2026 | Nevo DoronDirector | Received as pay | 10,000 | - |
| September 9, 2026 | Simon ZehavaDirector | Received as pay | 10,000 | - |
| September 9, 2026 | Stern StanleyDirector | Received as pay | 10,000 | - |
Who owns AUDC
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Shabtai Adlersberg13G, passive | 17.5% | February 12, 2026 |
| Value Base Ltd.13G, passive with 3 related filers | 11.54% | May 11, 2026 |
| Leon Bialik13G, passive | 8.4% | February 10, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 67 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Value Base Ltd. | 2,628,864 | 0 |
| Morgan Stanley | 1,064,936 | -19,130 |
| Heartland Advisors Inc | 917,650 | -48,084 |
| Arrowstreet Capital, Limited Partnership | 728,747 | -11,813 |
| Marshall Wace, Llp | 336,181 | +134,099 |
| Jane Street Group, LLC | 251,863 | +196,403 |
| ARK Investment Management LLC | 246,438 | -8,396 |
| Dimensional Fund Advisors LP | 241,808 | +5,260 |
| Assenagon Asset Management S.A. | 236,630 | +88,056 |
| Two Sigma Investments, LP | 174,741 | +46,744 |
| UBS Group AG | 171,616 | +36,051 |
| Trexquant Investment LP | 166,736 | +5,743 |
| Goldman Sachs Group Inc | 162,019 | +123,070 |
| Citadel Advisors LLC | 149,033 | +20,498 |
| Millennium Management LLC | 126,617 | +93,599 |
| Altshuler Shaham Ltd | 94,899 | new |
| Bank of New York Mellon Corp | 90,247 | +4,849 |
| Connor, Clark & Lunn Investment Management Ltd. | 81,993 | -3,337 |
| D. E. Shaw & Co., Inc. | 64,946 | -55,345 |
| State of Tennessee, Department of Treasury | 64,413 | 0 |
Insiders
9 insiders reported holding 5,552,382 shares in total, about $46.6M at the last price.
| Holder | Shares |
|---|---|
| Adlersberg ShabtaiPresident and CEO | 4,968,192 |
| Aldema LiorEVP and Chief Business Officer | 104,065 |
| Baruch NiranChief Financial Officer | 99,375 |
| Tenne JosephDirector | 94,500 |
| Stern StanleyDirector | 80,000 |
| Simon ZehavaDirector | 80,000 |
| Nevo DoronDirector | 60,000 |
| Birenbaum ShiraDirector | 46,250 |
| Makov ItayDirector | 20,000 |
Questions about AUDC
What does Audiocodes Ltd do?
Audiocodes Ltd is a company in the Utilities sector, listed on NASDAQ as AUDC. Its shares trade on NASDAQ under the ticker AUDC.
What is Audiocodes Ltd's net worth?
Audiocodes Ltd has a market value (market cap) of $206.3M at the latest share price, and shareholders' equity of $171.3M on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Audiocodes Ltd profitable?
Yes. In fiscal 2025 it reported net income of $9M on revenue of $245.6M, a net margin of 3.6%.
How much revenue does Audiocodes Ltd make?
In fiscal 2025 Audiocodes Ltd reported revenue of $245.6M. That is 1.4% more than a year earlier.
When did Audiocodes Ltd last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on March 30, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the insider trade from November 9, 2026.
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Where the numbers come from
Financial figures are the values Audiocodes Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.