AUDC on Nasdaq

Audiocodes Ltd.

Logo: https://www.audiocodes.com/partners/partner-tools/audiocodes-catalog/logos, Non-free logo, via Wikipedia4

Telecommunications products manufacturer in Israel

AudioCodes Ltd. is an Israeli technology company providing communication software and hardware and productivity solutions for enterprises and service providers.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 16, 2026.

Overview

$245.6MRevenue, fiscal 20255
$9.0MNet income, fiscal 20255
1993Founded1

Compare with Zhone Technologies, Clearfield, Inc. or Adtran, or pick any stock.

  • TickerAUDC on Nasdaq1
  • IndustryVoIP, Voice over IP, communication, communications media, information security1
  • HeadquartersOr Yehuda1
  • Founded inIsrael1
  • Websitewww.audiocodes.com
  • Legal formpublic company, limited company1
  • Listed onNasdaq (AUDC), Tel Aviv Stock Exchange (AUDC)1
  • Incorporated inIsrael6
  • Business address6 Ofra Haza Street, Or Yehuda, L3 701516
  • Filer categoryLarge accelerated filer6

See how the biggest companies compare on our leaderboards

AudioCodes Ltd. is an Israeli technology company providing communication software and hardware and productivity solutions for enterprises and service providers.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

65.0%Gross margin5
5.7%Operating margin5
3.6%Net margin5
1.4%Revenue growth, 20255
5.2%Return on equity5
$22.9MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Service brought in 53% of the revenue Audiocodes Ltd. broke down this way in fiscal 2025.

  1. Service$130.7M553%up 0% from 2024
  2. Product$114.9M547%up 3% from 2024
Products and services by year
Products and services202320242025
Service$120.4M$130.2M$130.7M
Product$124.0M$112.0M$114.9M

Regions

Americas brought in 52% of the revenue Audiocodes Ltd. broke down this way in fiscal 2025.

  1. Americas$128.0M552%up 2% from 2024
  2. Europe$78.0M532%up 2% from 2024
  3. Eastern Asia$34.1M514%up 4% from 2024
  4. Israel$5.6M52%down 27% from 2024
Regions by year
Regions202320242025
Americas$126.4M$125.2M$128.0M
Europe$78.9M$76.6M$78.0M
Eastern Asia$35.4M$32.7M$34.1M
Israel$3.7M$7.6M$5.6M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue35¢$86.0M
  • Research and development21¢$52.6M
  • Other costs38¢$93.5M
  • Income tax2¢$4.6M
  • Profit4¢$9.0M

Out of $245.6M in revenue.5

Where each dollar of operating cash went, fiscal 2025

  • Capital spending13¢$6.5M
  • Dividends paid23¢$10.9M
  • Share buybacks64¢$30.6M

Out of $29.4M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.5

Financial statements

Revenue891011125$245.6M in 2025+39% since 2018
0$100.0M$200.0M$300.0M2018: $176.2M$176.2M20182019: $200.3M$200.3M2019+14%2020: $220.8M$220.8M2020+10%2021: $248.9M$248.9M2021+13%2022: $275.1M$275.1M2022+11%2023: $244.4M$244.4M2023−11%2024: $242.2M$242.2M2024−1%2025: $245.6M$245.6M2025+1%
Gross profit891011125$159.6M in 2025+44% since 2018
0$50.0M$100.0M$150.0M$200.0M2018: $110.6M$110.6M20182019: $95.0M$95.0M2019−14%2020: $149.8M$149.8M2020+58%2021: $170.9M$170.9M2021+14%2022: $178.8M$178.8M2022+5%2023: $158.3M$158.3M2023−11%2024: $158.2M$158.2M2024−0%2025: $159.6M$159.6M2025+1%
Operating income891011125$14.0M in 2025−14% since 2018
-$20.0M0$20.0M$40.0M2018: $16.4M$16.4M20182019: -$9.6M-$9.6M20192020: $38.4M$38.4M20202021: $39.5M$39.5M2021+3%2022: $31.3M$31.3M2022−21%2023: $14.4M$14.4M2023−54%2024: $17.2M$17.2M2024+19%2025: $14.0M$14.0M2025−18%
Net income891011125$9.0M in 2025−34% since 2018
0$10.0M$20.0M$30.0M$40.0M2018: $13.5M$13.5M20182019: $4.0M$4.0M2019−71%2020: $27.2M$27.2M2020+585%2021: $33.8M$33.8M2021+24%2022: $28.5M$28.5M2022−16%2023: $8.8M$8.8M2023−69%2024: $15.3M$15.3M2024+74%2025: $9.0M$9.0M2025−42%

Every line of the income statement in the latest annual report, as filed.5

Period ending2025-12-312024-12-312023-12-31
Total revenues$245.6M$242.2M$244.4M
Total cost of revenues$86.0M$84.0M$86.0M
Gross profit$159.6M$158.2M$158.3M
Research and development, net$52.6M$52.1M$57.2M
Selling and marketing$77.2M$71.2M$70.2M
General and administrative$15.8M$17.7M$16.5M
Total operating expenses$145.6M$141.0M$143.9M
Operating income$14.0M$17.2M$14.4M
Financial expenses, net-$461.0K-$2.1M-$52.0K
Income before taxes on income$13.6M$15.1M$14.4M
Taxes on income (tax benefits)$4.6M-$215.0K$5.6M
Net income$9.0M$15.3M$8.8M
Basic (in Dollars per share)$0.31$0.51$0.28
Diluted (in Dollars per share)$0.31$0.50$0.28
Basic (in Shares)28.5M shares30.2M shares31.4M shares
Diluted (in Shares)29.0M shares30.6M shares31.6M shares

Compare Audiocodes Ltd. with another company

The story

The company was founded in 1993 by Shabtai Adlersberg and Leon Bialik, both of whom previously worked at DSP Group. The company initially focused on developing digital signal processing technologies for voice compression.

In 1996, A significant early achievement was made within the adoption of AudioCodes’ voice compression algorithm as the basis for the ITU-T G.723.1 standard in 1996, facilitating efficient voice transmission over IP networks.

In May 1999, AudioCodes went public, listing its shares on both the NASDAQ Global Select Market and the Tel Aviv Stock Exchange under the ticker symbol AUDC. Through those years, the company expanded its product portfolio to include media gateways and session border controllers (SBCs), catering to the growing demand for VoIP solutions.

Recognizing the industry's shift towards unified communications, AudioCodes aligned its strategy with Microsoft’s UC platforms in the years 2010–2019, starting with Office Communications Server and progressing through Lync, Skype for Business and Microsoft Teams. This partnership positioned AudioCodes as a key provider of voice connectivity solutions for Microsoft’s ecosystem.

In 2020, the COVID-19 pandemic took its toll and accelerated the adoption of hybrid work, increasing demand for AudioCodes’ solutions, particularly those integrated with Microsoft Teams. The company responded by enhancing its offerings to support hybrid collaboration and communication, with a strong focus on managed solutions. Additionally, AudioCodes made investments in AI-driven technologies, developing products for voice recognition, transcription and analytics for the evolving enterprise needs.

From Wikipedia’s article on AudioCodes, shared under CC BY-SA 4.0.7

Products and brands

AudioCodes offers a portfolio of products, solutions and services designed to facilitate enterprise and service provider voice communications, particularly within Microsoft Teams, other unified communications environments and the enterprise CX/contact center market. More than sixty of the world's top one hundred service providers use AudioCodes technology, including AT&T, Verizon, BT, DT and Telefónica. The product portfolio includes SaaS Platforms and AI-Based Applications, hardware and services.

SaaS Platforms and AI-Based Applications

AudioCodes Live Platform: A multi-tenant UCaaS service delivery platform for partners and service providers, with a variety of value-added services to enhance employee and customer experience.

Voca Conversational Interaction Center (CIC): An AI-powered, Microsoft Teams-certified contact center solution built in Azure with ready-to-use conversational AI.

Meeting Insights: An AI-driven application that captures, transcribes and organizes Microsoft Teams meetings, providing searchable access to meeting content across organizations.

Read the full text

Interaction Insights: An enterprise-grade interaction recording solution that captures and stores voice, video and instant messaging interactions for compliance and quality assurance purposes.

VoiceAI Connect: An AI-powered voice integration solution for chatbots that creates a communication hub between any bot framework, any telephony system and any cognitive speech service.

One Voice Operations Center (OVOC): A voice network management solution that combines voice network device management and quality of experience monitoring into a single intuitive application. Moreover, AudioCodes has developed and brought to market a vast of AI-driven solutions aimed at boosting productivity in hybrid workplaces and contact center environments, such as the Voca Conversational Interaction Center(CIC) Meeting Insights,AudioCodes Intelligent Meeting Rooms,VoiceAI Connect and Live Hub.

Hardware

Session Border Controllers (SBCs): The Mediant family of SBCs provides secure and scalable SIP trunking and Direct Routing for Microsoft Teams, supporting both on-premises and cloud deployments.[vii]

IP Phones and Room Devices: The 400HD series of IP phones and the Room Experience (RX) suite offer Microsoft Teams-certified voice and video endpoints for business users and meeting rooms.

Media Gateways and Multi-Service Business Routers (MSBRs): AudioCodes provides digital and analog media gateways,[xi] as well as Multi-Service Business Routers,[xii] to facilitate connectivity between legacy telephony systems and IP networks.

Services

AudioCodes supplies suites of applications for the enterprise and service provider markets. These include One Voice for Microsoft 365 to accelerate the voice-enablement of Microsoft Teams.

From Wikipedia’s article on AudioCodes, shared under CC BY-SA 4.0.7

Acquisitions

AudioCodes has strategically acquired several companies to enhance its product portfolio, technological capabilities and market presence in the communications industry. Below is a chronological list of notable acquisitions:

2003: Nortel Networks’ Universal Audio Server (UAS) Product Group

In 2003, AudioCodes acquired the Universal Audio Server (UAS) product group from Nortel Networks, expanding its media server offerings and strengthening its position in the VoIP market.

2004: Ai-Logix

Read the full text

In May 2004, AudioCodes acquired Ai-Logix, a New Jersey-based provider of advanced voice recording hardware technology for the call logging and voice recording industries. The acquisition aimed to expand AudioCodes' voice over packet communications boards business into the call logging and recording market.

2006: Nuera Communications

In July 2006, AudioCodes completed the acquisition of Nuera Communications, a provider of media gateway solutions for broadband telephony networks. The acquisition was valued at $85 million in cash, with an additional payment of up to $5 million based on revenue milestones.

2006: Netrake Corporation

Also in July 2006, AudioCodes acquired Netrake Corporation, a Texas-based provider of session border controllers and security gateway solutions. This acquisition enhanced AudioCodes’ capabilities in delivering secure and scalable VoIP solutions for service providers.

2007: CTI Squared Ltd. (CTI2)

In February 2007, AudioCodes acquired CTI Squared Ltd. (CTI2), an Israeli company specializing in unified communications platforms. The acquisition aimed to integrate CTI2’s value-added services into AudioCodes' portfolio, enhancing its offerings for service providers and enterprises.

2010: NSC (Natural Speech Communication Ltd.)

In 2010, AudioCodes acquired NSC, an Israeli company focused on speech recognition technologies. This acquisition allowed AudioCodes to incorporate advanced speech recognition capabilities into its voice applications.

2013: MailVision

In April 2013, AudioCodes acquired MailVision, a provider of VoIP solutions. The acquisition enabled AudioCodes to expand its offerings in the VoIP market, maintaining its position as leaders in the unified communications and real-time media communications solutions market.

2021: Callverso

In November 2021, AudioCodes acquired Callverso, an Israeli provider of conversational AI solutions and natural language understanding (NLU) technology for contact centers. The acquisition strengthened AudioCodes’ voice AI portfolio, enhancing its capabilities in the contact center market.

Strategic Alliances

AudioCodes maintains a strategic partnership with Microsoft, offering a range of certified solutions that integrate with Microsoft Teams. The company also works with other leading unified communications vendors such as Zoom and Cisco Webex, as well as enterprise contact center vendors such as Genesys.

From Wikipedia’s article on AudioCodes, shared under CC BY-SA 4.0.7

Employees over time

Audiocodes Ltd. employees by year1728 in 2019+4% since 2017
02004006008002017: 69869820172018: 7067062018+1%2019: 7287282019+3%
  • 20197281
  • 20187061
  • 20176981

Timeline

  1. 1993Founded Founded in Israel1

Recent filings

  1. Sep 14, 20264 PRIMARY DOCUMENT
  2. Sep 14, 20266-K
  3. Sep 10, 20264 PRIMARY DOCUMENT
  4. Sep 10, 20264 PRIMARY DOCUMENT
  5. Sep 10, 20264 PRIMARY DOCUMENT
  6. Sep 10, 20264 PRIMARY DOCUMENT
  7. Sep 10, 20264 PRIMARY DOCUMENT
  8. Sep 10, 20264 PRIMARY DOCUMENT
  9. Sep 9, 20266-K
  10. Sep 2, 20264 PRIMARY DOCUMENT
  11. Sep 1, 2026144
  12. Aug 11, 20264 PRIMARY DOCUMENT
  13. Aug 11, 20264 PRIMARY DOCUMENT
  14. Aug 7, 20264 PRIMARY DOCUMENT
  15. Aug 7, 20264 PRIMARY DOCUMENT

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13