tradmap

CRNT Financials CERAGON NETWORKS LTD

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
-$76M $185M $447M $0 2011 2013 2015 2017 2019 2021 2023 2025
RevenueNet income
Margins (gross / operating / net)
-21% 7% 35% 0% 2011 2013 2015 2017 2019 2021 2023 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-73% -29% 14% 0% 2011 2013 2015 2017 2019 2021 2023 2025
ROEROA
Free cash flow (CFO − capex)
-$46M -$13M $21M $0 2011 2013 2015 2017 2019 2021 2023 2025
Free cash flow
Cash vs total debt
$0 $29M $57M 2011 2013 2015 2017 2019 2021 2023 2025
CashTotal debt
Cash flow: operating / investing / financing
-$32M $9M $50M $0 2011 2013 2015 2017 2019 2021 2023 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $339M -$2M 33.8% 2.1% -1.2% -0.7% $18M $38M
2024 $394M $24M 34.7% 9.8% 14.5% 7.0% $12M $35M
2023 $347M $6M 34.5% 6.1% 4.6% 2.1% $21M $28M
2022 $295M -$20M 31.5% -3.7% -16.4% -6.8% -$15M $23M
2021 $291M -$15M 30.4% 1.7% -10.8% -5.1% -$24M $17M
2020 $263M -$17M 28.8% -2.9% -11.7% -6.3% $11M $27M
2019 $286M -$2M 33.9% 2.6% -1.5% -0.8% -$25M $24M
2018 $344M $23M 33.8% 7.6% 14.4% 8.1% $12M $36M
2017 $332M $16M 32.3% 7.0% 11.6% 6.1% $9M $26M
2016 $294M $11M 33.8% 6.6% 9.8% 4.7% $18M $36M
2015 $349M $1M 29.5% 6.2% 1.0% 0.4% $11M $36M
2014 $371M -$76M 22.8% -8.6% -73.1% -22.4% -$45M $51M $41M
2013 $362M -$47M 31.0% -7.4% -35.1% -13.0% -$46M $57M $42M
2012 $447M -$23M 31.0% -4.2% -16.3% -5.9% -$7M $44M $47M
2011 $445M -$54M 27.4% -11.1% -33.3% -13.0% -$35M $35M $29M

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.

Price / earnings (P/E)
0.0 32.8 65.7 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 0.6 1.2 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
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 Sep '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.