Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data Cambium Networks Corp files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2017
FY2019
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
217
242
267
278
336
297
227
177
160
Cost of revenue
106
126
136
139
175
152
150
114
95.5
Gross profit
111
115
131
139
161
145
76.8
62.9
64.2
Research and development
32.2
38.9
47.7
46.4
51.3
49.9
53.5
39.3
32.9
Selling and marketing
37.2
42.7
46.3
37.8
41.8
44.5
42.9
36.7
31.2
General and administrative
17.6
18.8
30.1
24.7
25.1
25
28.1
26
26.4
Operating expenses
95.8
109
130
115
124
125
131
133
92.1
Operating income
14.9
6.35
1.3
23.9
36.4
19.9
-53.8
-70.4
-28
Interest expense
5.02
8.11
8.08
5.33
4.27
1.98
2.52
5.84
9.02
Other non-operating income
-0.55
-0.55
-0.49
-0.24
0.11
-0.27
-0.05
-0.01
Pre-tax income
9.38
-2.31
-7.32
18.1
31.9
18
-56.6
-76.3
-37
Income tax
-0.42
-0.8
10.3
-0.44
-5.52
-2.18
17.5
-1.85
1.55
Net income to minority interests
0.67
Net income
9.13
-1.51
-17.6
18.6
37.4
20.2
-74.1
-74.5
-38.5
EBITDA
23.7
15.1
7.16
30.6
42.6
25.8
-47.6
-64.6
-26.5
EPS, basic
0.64
-0.11
-0.85
0.69
1.36
0.72
-2.69
-2.65
-1.34
EPS, diluted
0.64
-0.11
-0.85
0.67
1.25
0.69
-2.69
-2.65
-1.34
Shares, basic (weighted)
14.2
14.2
20.6
26.9
27.6
28.1
27.5
28.1
28.8
Shares, diluted (weighted)
14.2
14.2
20.6
27.6
29.9
29.3
27.5
28.1
28.8
Dividend per share
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Balance sheet
FY2017
FY2019
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
4.44
19.3
62.5
59.3
48.2
18.7
34.9
11.3
Receivables
60.4
58.6
58.1
69.8
89.3
56.3
40.4
40.3
Inventory
30.7
41.7
34
33.8
57.1
68.1
42
27.5
Other current assets
5.89
4.35
5.02
4.72
6.46
7.68
6.18
3.51
Total current assets
106
129
165
181
213
155
137
90.7
Property, plant and equipment
7.97
8.31
7.54
10.5
11.3
12.9
4.43
3.45
Lease right-of-use assets
6.87
5.08
5.9
4.01
7.89
6.25
5.65
Goodwill
8.06
8.06
8.55
9.84
9.84
9.84
9.84
0.87
0.87
Intangible assets
8.49
15.1
12.9
10.8
9.17
7.68
0
Other non-current assets
0.29
1.2
0.96
3.46
13.6
21.8
Total assets
142
172
206
232
269
209
174
137
Accounts payable
23.7
25.2
30.9
28.2
31.3
19.1
16.5
17.8
Accrued liabilities
18.3
15
20.2
21.9
28
39.6
31
34.3
Deferred revenue
2.77
7.43
6.47
6.88
8.91
8.77
8.62
9.17
Short-term debt
8.84
9.45
29.2
2.49
3.16
3.19
67.6
66.4
Total current liabilities
66.3
67.9
108
82.1
87.2
95.5
136
137
Long-term debt
94.2
54.2
25
27
24.5
21.9
0
0
Lease liabilities
5.34
3.33
4.11
2.17
6.6
8.94
8.79
Other non-current liabilities
0.61
2.02
1.55
1.62
13.5
18.4
12.4
Total liabilities
163
133
142
120
124
148
177
173
Total debt
103
63.6
54.2
29.5
27.6
25.1
67.6
66.4
Paid-in capital
0.77
105
110
124
139
153
163
170
Retained earnings
-45.8
-63.4
-44.8
-7.38
12.8
-84.4
-159
-197
Treasury stock
-1.09
-1.09
-3.91
-4.92
-5.62
-5.67
-5.75
Other comprehensive income
-0.22
-0.38
-0.56
-0.7
-1.53
-1.62
-2.16
-2.6
Shareholders' equity
-17.8
-20.6
39.9
63.4
112
122
61.1
-3.24
-35.9
Total equity
-17.8
-20.6
39.9
63.4
112
122
61.1
-3.24
-35.9
Total liabilities and equity
142
172
206
232
269
209
174
137
Shares outstanding
0.08
26.8
27.2
27.9
28.5
27.8
28.6
28.9
Cash flow statement
FY2017
FY2019
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
9.8
-1.51
-17.6
18.6
37.4
20.2
-74.1
-74.5
-38.5
Depreciation and amortization
8.82
8.77
5.86
6.64
6.17
5.96
6.21
5.79
1.47
Stock-based compensation
17.7
3.44
7.72
10.7
11.6
9.82
6.36
Deferred income tax
-1.88
-1.86
7.4
-1.07
-6.07
-5.19
12.8
1.51
0.25
Change in receivables
-10.7
-7.4
0.62
3.17
-11.2
-12.9
37.4
8.27
-6.03
Change in inventory
0.59
-10
-7.63
5.7
0.17
-27
-27.8
20.1
12.8
Change in payables
4.73
4.26
2.1
6.1
-2.71
2.77
-13
-1.43
1.44
Cash from operations
23
-10.4
3.55
56.9
30
-3.05
-16.7
-15
-15.7
Capital expenditures
-3.35
-5.59
-3
-3.41
-6.26
-4.57
-4.85
-6.4
-0.44
Acquisitions
-4.67
-0.33
Cash from investing
-5.93
-7.5
-8.61
-5.4
-10.2
-9.25
-11.5
-11.9
-6.37
Debt issued
120
9.96
29.8
0
45
0
Debt repaid
-46.6
-4.5
-30.2
-10
-55.3
-1.97
-2.63
-2.63
-1.31
Stock issued
1.63
4.81
2.23
0.5
0
Cash from financing
-24.3
15.1
20
-8.37
-23
1.25
-1.27
43.2
-1.4
Net change in cash
-7.25
-2.94
14.9
43.1
-3.18
-11.1
-29.5
16.2
-23.6
Free cash flow
19.7
-16
0.55
53.5
23.7
-7.63
-21.5
-21.4
-16.1
Interest paid
1.53
7.61
6.46
4
2.06
0.81
1.84
5.1
3.58
Income taxes paid
1.49
1.07
1.7
2.23
0.78
1.35
4.92
-0.71
0.5
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to March 31, 2026; growth uses fiscal years. Valuation uses the share price of $0.09 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
42.4%
Gross profit / revenue.
Operating margin
-11.5%
Operating income / revenue.
EBITDA margin
-10.5%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-16.6%
Pre-tax income / revenue.
Net margin
-17.6%
Net income / revenue.
FCF margin
-9.1%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-9.0%
Cash from operations / revenue.
Return on assets (ROA)
-21.6%
Net income / average total assets.
Return on invested capital (ROIC)
-70.3%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue
18.4%
Research and development expense / revenue.
Stock-based pay / revenue
3.3%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
0.2%
Capital expenditures / revenue.
D&A / revenue
1.0%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-10.0%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-18.7%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
-10.5%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y
2.0%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
-23.8%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y
-14.4%
Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y
-21.1%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-20.2%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
-7.8%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
2.5%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
-0.6%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
0.8%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.66x
Current assets / current liabilities.
Quick ratio
0.39x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.04x
(Cash + short-term investments) / current liabilities.
Debt / assets
48.0%
Total debt / total assets.
Liabilities / assets
127.9%
Total liabilities / total assets.
Net debt
$60.5M
Total debt - cash - short-term investments. Negative means more cash than debt.
Days inventory + days sales outstanding - days payables.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$1.03
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$5.88
Revenue / diluted weighted shares.
FCF per share
-$0.54
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.53
Cash from operations / diluted weighted shares.
Book value per share
-$1.33
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
0.02x
Market cap / revenue.
EV/Sales
0.37x
Enterprise value / revenue.
FCF yield
-595.2%
Free cash flow / market cap.
Earnings yield
-1,145.0%
Net income / market cap (the inverse of P/E).
What was Cambium Networks Corp's revenue in fiscal 2025?
Cambium Networks Corp reported revenue of $159.6M for fiscal 2025, 10% lower than the year before.
Was Cambium Networks Corp profitable in fiscal 2025?
No. It reported a net loss of $38.5M.
How much free cash flow did Cambium Networks Corp generate in fiscal 2025?
Cash from operations of $15.7M minus capital expenditures of $440.0K left free cash flow of -$16.1M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.