15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 5.2% per year over the past 5 years.
Operating margin has expanded, at 2.1% in the latest year.
Free cash flow has grown 10.0% per year over the past 5 years.
Financial health
Total debt has grown faster than revenue (13.3% vs 5.2% per year).
Operating income covered interest expense 1.4× in the latest year, up from -1.8× 5 years ago.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$339M
-$2M
33.8%
2.1%
$18M
—
$38M
2024
$394M
$24M
34.7%
9.8%
$12M
—
$35M
2023
$347M
$6M
34.5%
6.1%
$21M
—
$28M
2022
$295M
-$20M
31.5%
-3.7%
-$15M
—
$23M
2021
$291M
-$15M
30.4%
1.7%
-$24M
—
$17M
2020
$263M
-$17M
28.8%
-2.9%
$11M
—
$27M
2019
$286M
-$2M
33.9%
2.6%
-$25M
—
$24M
2018
$344M
$23M
33.8%
7.6%
$12M
—
$36M
2017
$332M
$16M
32.3%
7.0%
$9M
—
$26M
2016
$294M
$11M
33.8%
6.6%
$18M
—
$36M
2015
$349M
$1M
29.5%
6.2%
$11M
—
$36M
2014
$371M
-$76M
22.8%
-8.6%
-$45M
$51M
$41M
2013
$362M
-$47M
31.0%
-7.4%
-$46M
$57M
$42M
2012
$447M
-$23M
31.0%
-4.2%
-$7M
$44M
$47M
2011
$445M
-$54M
27.4%
-11.1%
-$35M
$35M
$29M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Dec '13
$89M
-$15M
31.0%
-10.7%
-$21M
$57M
$42M
Dec '12
$107M
-$8M
32.8%
-6.6%
$13M
$44M
$47M
Valuation over time
How the market has priced CRNT against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 35.5× (Jan '24) to 7.6× (Nov '25).
The price-to-sales ratio has risen from 0.5× (Mar '23) to 0.6× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is CRNT growing its revenue and profit?
Over the past 5 years, CERAGON NETWORKS LTD's revenue has grown 5.2% per year. These are computed facts, not advice.
How much debt does CRNT have?
As of FY2025, CERAGON NETWORKS LTD reported — of total debt against $38M of cash; operating income covered interest expense 1.4×.
What is CRNT's profit margin?
In FY2025, gross margin was 33.8%, operating margin 2.1%, and net margin -0.6%.
What is CRNT's P/E ratio?
As of Jun '26, CERAGON NETWORKS LTD traded at a price-to-earnings ratio of about 7.6× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.