CRNT on Nasdaq

Ceragon

Logo: Ceragon Networks Ltd., Public domain, via Wikimedia Commons4

Networking equipment vendor

Ceragon Networks Ltd. is a telecommunications equipment company that manufactures point-to-point and point-to-multipoint wireless connectivity systems.3 From Wikipedia, CC BY-SA 4.0

Price unavailable

Last updated Oct 19, 2026.

Overview

$338.7MRevenue, fiscal 20255
-$2.1MNet income, fiscal 20255
1996Founded1

Compare with Harmonic Inc., Planet Labs or Aviat Networks, or pick any stock.

  • TickerCRNT on Nasdaq1
  • Industrytelecommunications1
  • HeadquartersTel Aviv1
  • Websitewww.ceragon.com
  • Incorporated inIsrael6
  • Business address3 Uri Ariav St., Po Box 112, Rosh Ha Ayin, L3 48100048106
  • Filer categoryAccelerated filer6

Ceragon Networks Ltd. is a telecommunications equipment company that manufactures point-to-point and point-to-multipoint wireless connectivity systems. The company's products are primarily used for wireless backhaul by mobile network operators, wireless service providers, and private network operators. Ceragon’s systems support transmission across microwave and millimeter wave frequency bands.3

Financials

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

Key numbers, fiscal 2025

33.8%Gross margin5
2.1%Operating margin5
-0.6%Net margin5
-14.1%Revenue growth, 20255
-1.2%Return on equity5
$17.9MFree cash flow5

What sells

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

Regions

India brought in 34% of the revenue Ceragon broke down this way in fiscal 2025.

  1. India$116.7M534%down 30% from 2024
  2. North America$112.8M533%up 25% from 2024
  3. EMEA$49.3M514%down 24% from 2024
  4. Latin America$30.4M59%down 18% from 2024
  5. Asia Pacific$29.6M59%down 14% from 2024
  6. Israel$3.6M51%down 30% from 2024
Regions by year
Regions202320242025
India$107.4M$167.6M$116.7M
North America$95.6M$89.9M$112.8M
EMEA$62.0M$65.0M$49.3M
Latin America$47.2M$37.2M$30.4M
Asia Pacific$35.0M$34.5M$29.6M
Israel$4.2M$5.2M$3.6M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue66¢$224.2M
  • Research and development9¢$30.4M
  • Other costs23¢$76.3M
  • Interest1¢$5.0M
  • Income tax1¢$2.8M

Out of $338.7M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending43¢$13.6M
  • Kept or used elsewhere57¢$17.9M

Out of $31.6M of cash from operations.5

Financial statements

Revenue891011125$338.7M in 2025−1% since 2018
0$100.0M$200.0M$300.0M$400.0M2018: $343.9M$343.9M20182019: $285.6M$285.6M2019−17%2020: $262.9M$262.9M2020−8%2021: $290.8M$290.8M2021+11%2022: $295.2M$295.2M2022+2%2023: $347.2M$347.2M2023+18%2024: $394.2M$394.2M2024+14%2025: $338.7M$338.7M2025−14%
Gross profit891011125$114.6M in 2025−1% since 2018
0$50.0M$100.0M$150.0M2018: $116.2M$116.2M20182019: $96.8M$96.8M2019−17%2020: $75.6M$75.6M2020−22%2021: $88.4M$88.4M2021+17%2022: $93.1M$93.1M2022+5%2023: $119.9M$119.9M2023+29%2024: $136.9M$136.9M2024+14%2025: $114.6M$114.6M2025−16%
Operating income891011125$7.2M in 2025−72% since 2018
-$20.0M0$20.0M$40.0M2018: $26.1M$26.1M20182019: $7.3M$7.3M2019−72%2020: -$7.6M-$7.6M20202021: $4.8M$4.8M20212022: -$10.9M-$10.9M20222023: $21.2M$21.2M20232024: $38.7M$38.7M2024+83%2025: $7.2M$7.2M2025−81%
Net income891011125-$2.1M in 2025
-$20.0M0$20.0M$40.0M2018: $23.0M$23.0M20182019: -$2.3M-$2.3M20192020: -$17.1M-$17.1M2020+629%2021: -$14.8M-$14.8M2021−13%2022: -$19.7M-$19.7M2022+33%2023: $6.2M$6.2M20232024: $24.1M$24.1M2024+287%2025: -$2.1M-$2.1M2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
Revenues$338.7M$394.2M$347.2M
Cost of revenues$224.2M$257.3M$227.3M
Gross profit$114.6M$136.9M$119.9M
Research and development, net$30.4M$35.0M$32.3M
Sales and marketing$48.7M$44.7M$40.6M
General and administrative$24.4M$14.2M$23.8M
Restructuring and related charges$3.7M$1.4M$897.0K
Acquisition and integration-related charges$72.0K$1.7M$1.1M
Other operating expenses$0$1.2M$0
Total operating expenses$107.3M$98.1M$98.7M
Operating income$7.2M$38.7M$21.2M
Financial and other expenses, net$6.5M$11.5M$8.5M
Income before taxes on income$708.0K$27.3M$12.7M
Taxes on income$2.8M$3.2M$6.5M
Net income (loss)-$2.1M$24.1M$6.2M
Basic net income (loss) per share-$0.02$0.28$0.07
Weighted average number of ordinary shares used in computing basic net income (loss) per share89.8M shares86.2M shares84.6M shares
Diluted net income (loss) per share-$0.02$0.27$0.07
Weighted average number of ordinary shares used in computing diluted net income (loss) per share89.8M shares88.5M shares85.5M shares

Compare Ceragon with another company

The story

Ceragon was founded in 1996 under the name Giganet Ltd. The company changed its name to Ceragon Networks Ltd. on September 6, 2000. Ceragon completed its initial public offering on NASDAQ on August 3, 2000, under the ticker symbol CRNT.

Ceragon designs and manufactures high-capacity communication systems for wireless backhaul, mid-haul, and front-haul. The company addresses the segment of the cellular market that connects cell sites to an operator's core network (backhaul), as well as distributed cell site functions located in separate geographical locations (mid-haul and front-haul). Ceragon provides wireless equipment with capacities of up to 40 Gbps and plans to add products based on higher frequency bands to support capacities up to 100 Gbps and beyond. Ceragon markets its products under a range of IP-branded product lines.

Ceragon has sales offices located throughout North and South America, EMEA, and Asia that handle direct sales. Partnerships with distributors, VARs, and system integrators around the world provide an active indirect channel. Its US headquarters was opened in 1999 and its European headquarters in 2000.

Ceragon provides wireless transport solutions, supporting 5G and future-generation architectures and enabling broadband site connectivity to core networks in areas where optic fiber is not feasible.

In December 2023, Ceragon completed the acquisition of Siklu, an Israeli company specializing in millimeter wave wireless solutions. The transaction had an enterprise value of $13-15 million.

In February 2025, Ceragon completed the acquisition of End 2 End Technologies, LLC, a U.S.-based systems integration and software development company serving private networks in oil and gas and utilities markets. The transaction was valued at approximately $8.5 million with potential additional payments based on financial performance milestones.

In 2025, Ceragon Networks earned the top spot in GlobalData's Backhaul Report.

Ceragon operates in over 130 countries. The company has research and development centers in Israel, the United States, Paraguay, India, and Romania.

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

Leadership

Who has led Ceragon, and when. Pick a name to see everywhere that person has worked.

Chief financial officer

  1. Ronen Stein2026–now
200020052010201520202025
Board members and other officers (8)

Products and brands

  • networking hardware

Listed on Wikidata.1

Ceragon manufactures point-to-point and point-to-multipoint wireless transmission systems operating across microwave and millimeter wave frequency bands, including licensed spectrum ranging from 4 GHz to 42 GHz and millimeter-wave spectrum from 57 GHz to 88 GHz. The company offers wireless transmission solutions in multiple configurations and frequency bands, including microwave and millimeter-wave systems.

The company provides solutions for wireless backhaul, private networks, public safety communications, utility networks, and maritime environments. Ceragon also offers managed services including network planning, deployment, monitoring, and maintenance.

Ceragon's technologies are deployed across multiple sectors including telecommunications operator backhaul, public safety and emergency communications, utility smart grid networks, smart city infrastructure, oil and gas connectivity for remote sites, mining operations, and government communications.

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

Subsidiaries and ownership

Subsidiaries

  • Ceragon (Norway)

From Wikidata.1

Timeline

  1. Mar 18, 2026New chief executive Doron Ovadia Arazi becomes CEO14
  2. Aug 4, 2000Went public Listed on NASDAQ1
  3. 1996Founded Founded1

Filings

268 filings to the SEC since October 2021: 5 annual reports, 21 insider forms, 19 large holders, 223 other. The latest 20:

  1. Oct 6, 20266-K EDGAR
  2. Aug 26, 20266-K EDGAR
  3. Aug 13, 20266-K EDGAR
  4. Aug 11, 20266-K EDGAR
  5. Jul 29, 20266-K EDGAR
  6. Jul 28, 20266-K EDGAR
  7. Jul 23, 20266-K EDGAR
  8. Jul 21, 20266-K EDGAR
  9. Jul 15, 20266-K EDGAR
  10. Jun 15, 20264 PRIMARY DOCUMENT EDGAR
  11. Jun 15, 2026144 EDGAR
  12. Jun 15, 20264 PRIMARY DOCUMENT EDGAR
  13. Jun 11, 20266-K EDGAR
  14. May 26, 20264 PRIMARY DOCUMENT EDGAR
  15. May 26, 20264 PRIMARY DOCUMENT EDGAR
  16. May 26, 20264 PRIMARY DOCUMENT EDGAR
  17. May 26, 20264 PRIMARY DOCUMENT EDGAR
  18. May 26, 20264 PRIMARY DOCUMENT EDGAR
  19. May 26, 20264 PRIMARY DOCUMENT EDGAR
  20. May 26, 20264 PRIMARY DOCUMENT EDGAR

The 268 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

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

Insider trades

2 open-market trades by officers, directors and large owners since October 2021: 0 buys and 2 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 12, 2026Makov EfratDirectorSale5,000$2.99$14.9KForm 4
May 22, 2026Makov EfratDirectorSale6,667$2.65$17.7KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.