CSTE on Nasdaq

Caesarstone Sdot-Yam

Logo: Caesarstone, Public domain, via Wikimedia Commons4

Company for engineered stone surfaces

Caesarstone Ltd. (Hebrew: אבן קיסר, Even Qeysar), is a publicly traded company that engages in the production and marketing of engineered stone surfaces used for kitchen countertops, vanity tops, flooring, wall cladding and general interior design.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 18, 2026.

Overview

$397.2MRevenue, fiscal 20255
-$137.5MNet income, fiscal 20255
1987Founded1

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  • TickerCSTE on Nasdaq1
  • Industryindustrial manufacturing1
  • HeadquartersCaesarea1
  • Founded inCaesarea1
  • Websitewww.caesarstone.com
  • Legal formpublic company1
  • Business addressKibbutz Sdot Yam, Mp Menashe6
  • Filer categoryNon-accelerated filer6

Caesarstone Ltd. (Hebrew: אבן קיסר, Even Qeysar), is a publicly traded company that engages in the production and marketing of engineered stone surfaces used for kitchen countertops, vanity tops, flooring, wall cladding and general interior design. The company was founded in 1987 and is traded on the NASDAQ in New York (CSTE). Headquarters are located in Kibbutz Sdot Yam in Israel. Production facilities are in Israel and India with third party manufactured product sourced from factories in China. Its products are sold in approximately 50 countries around the world through a network of 6 subsidiaries and numerous distributors.3

Financials

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

Key numbers, fiscal 2025

18.4%Gross margin5
-31.6%Operating margin5
-34.6%Net margin5
-10.4%Revenue growth, 20255
-98.7%Return on equity5
-$47.1MFree cash flow5

What sells

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

Regions

United States brought in 47% of the revenue Caesarstone Sdot-Yam broke down this way in fiscal 2025.

  1. United States$186.9M547%down 15% from 2024
  2. AUMember$67.5M517%down 10% from 2024
  3. EMEA$52.0M513%up 10% from 2024
  4. CA [member]$51.9M513%down 16% from 2024
  5. Israel$19.4M55%up 11% from 2024
  6. Asia$18.2M55%down 11% from 2024
  7. Latin America$1.5M50%up 5% from 2024
Regions by year
Regions202320242025
United States$271.6M$219.6M$186.9M
AUMember$106.2M$75.4M$67.5M
EMEA$59.9M$47.1M$52.0M
CA [member]$75.5M$61.7M$51.9M
Israel$22.7M$17.4M$19.4M
Asia$26.0M$20.6M$18.2M
Latin America$3.3M$1.4M$1.5M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue82¢$323.9M
  • Research and development1¢$5.7M
  • Other costs16¢$63.3M
  • Interest0¢$69.0K
  • Income tax1¢$4.3M

Out of $397.2M in revenue.5 The company lost money this year.

Financial statements

Revenue891011125$397.2M in 2025−31% since 2018
0$200.0M$400.0M$600.0M$800.0M2018: $575.9M$575.9M20182019: $546.0M$546.0M2019−5%2020: $486.4M$486.4M2020−11%2021: $643.9M$643.9M2021+32%2022: $690.8M$690.8M2022+7%2023: $565.2M$565.2M2023−18%2024: $443.2M$443.2M2024−22%2025: $397.2M$397.2M2025−10%
Gross profit891011125$73.3M in 2025−55% since 2018
0$50.0M$100.0M$150.0M$200.0M2018: $163.4M$163.4M20182019: $148.6M$148.6M2019−9%2020: $133.9M$133.9M2020−10%2021: $171.5M$171.5M2021+28%2022: $163.2M$163.2M2022−5%2023: $91.9M$91.9M2023−44%2024: $96.7M$96.7M2024+5%2025: $73.3M$73.3M2025−24%
Operating income891011125-$125.7M in 2025
-$150.0M-$100.0M-$50.0M0$50.0M2018: $32.8M$32.8M20182019: $24.7M$24.7M2019−25%2020: $22.5M$22.5M2020−9%2021: $27.4M$27.4M2021+22%2022: -$58.7M-$58.7M20222023: -$88.0M-$88.0M2023+50%2024: -$41.9M-$41.9M2024−52%2025: -$125.7M-$125.7M2025+200%
Net income891011125-$137.5M in 2025
-$150.0M-$100.0M-$50.0M0$50.0M2018: $24.4M$24.4M20182019: $12.9M$12.9M2019−47%2020: $7.2M$7.2M2020−44%2021: $19.0M$19.0M2021+163%2022: -$57.1M-$57.1M20222023: -$107.7M-$107.7M2023+89%2024: -$42.8M-$42.8M2024−60%2025: -$137.5M-$137.5M2025+221%

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

Period ending2025-12-312024-12-312023-12-31
Revenues$397.2M$443.2M$565.2M
Cost of revenues$323.9M$346.5M$473.3M
Gross profit$73.3M$96.7M$91.9M
Research and development$5.7M$5.0M$5.1M
Selling and marketing$79.5M$86.2M$82.2M
General and administrative$39.5M$39.1M$49.5M
Impairment of long lived assets, restructuring and other related costs$48.8M$1.0M$47.9M
Legal settlements and loss contingencies, net$25.6M$7.2M-$4.8M
Total operating expenses$199.0M$138.6M$180.0M
Operating loss-$125.7M-$41.9M-$88.0M
Finance expenses (income), net$7.8M$9.0K-$1.1M
Loss before taxes on income-$133.5M-$41.9M-$87.0M
Taxes on income$4.3M$1.1M$21.3M
Net loss-$137.8M-$43.0M-$108.2M
Net loss attributable to non-controlling interest-$292.0K-$144.0K-$584.0K
Net Income (Loss)-$137.5M-$42.8M-$107.7M
Basic net loss per share of Ordinary shares-$3.98-$1.13-$3.13
Diluted net loss per share of Ordinary shares-$3.98-$1.13-$3.13
Weighted average number of Ordinary shares used in computing basic loss per share34.6M shares34.5M shares34.5M shares
Weighted average number of Ordinary shares used in computing diluted loss per share34.6M shares34.5M shares34.5M shares

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The story

The Caesarstone factory commenced its operations in 1987, at Kibbutz Sdot Yam, replacing its terrazzo tile factory. The company was established in the wake of development work performed jointly by members of the kibbutz and additional parties such as Professor Moshe Narkis of the Technion. After changing the focus from sale of floor tiles to quartz surfaces and establishing itself in the domestic market, the company started to export its products to different countries around the world in the 1990s. In 2005, an additional production facility was opened at the Bar-Lev Industrial Park. In 2006, TENE Investment Fund invested 25 million dollars in exchange for 21.7% control in the company, which led to the adding of another production line at the Bar-Lev facility.

In 2008, the company began establishing subsidiaries in its main markets: Australia (2008), Canada (2010), USA and Singapore (2011) UK (2017) and Scandinavia (2023) along with activity conducted through distributors in approximately 50 countries.

In 2015–2016, Caesarstone encountered challenges which included discord between shareholders and kibbutz members, departure of board members and CEO, and a report by Spruce Point hedge fund claiming that the company's quartz surfaces contain less than the commonly accepted amounts of quartz and yet are still sold at premium prices. In 2016 the share price declined compared to its former peak, however in H1 2017, Caesarstone shares climbed 23 percent; thus, Caesarstone's value stands at 1.49 billion dollars.

In 2015, Caesarstone opened a new facility in the US with an investment of approx. 100 million dollars. The plant was built in Richmond Hill, Georgia, and provides quartz surfaces mainly to markets in North America, and other countries as well. The plant was shut down in 2024.

In 2020, Caesarstone purchased Lioli Ceramica and Omricon Granite and Tile.Lioli Ceramica, based in Morbi, India, was one of India’s most technologically advanced porcelain slab manufacturers, specializing in large-format sintered surfaces. This acquisition marked Caesarstone’s formal entry into porcelain manufacturing and positioned the company to expand beyond quartz into multi-material surface innovation. Omicron Granite & Tile, a U.S.-based distributor, expanded Caesarstone’s direct channel access in North America, reinforcing the company’s “closer to market” strategy.

As of 2024, Caesarstone operates two production facilities: a facility in Israel for engineered stone production and a site in India for porcelain surface production. The Bar Lev Israel facility shut down in 2025.

R&D Milestones

In 2012, with the launch of the Supernatural Collection, the company was the first in the market to introduce veining technology. This innovation allowed Caesarstone to replicate the natural movement of marble veins within quartz, setting up a new design standard later adopted across the engineered stone industry, becoming a category benchmark.

In 2017, Caesarstone introduced a collection that incorporated technology designed specifically for industrial surfaces (the Metropolitan Collection). This range introduced rough, textured finishes and concrete-inspired tones developed through proprietary surface-engineering techniques. The Metropolitan Collection is often credited with establishing the “industrial aesthetic” trend within premium surfaces, extending Caesarstone’s design leadership from polished to tactile finishes.

Read the full text

In 2020, Caesarstone was the first to introduce a quartz collection for outdoor applications. Caesarstone Outdoor was engineered with advanced UV resistance, thermal stability, and weather durability, making it one of the first quartz materials certified for full exterior exposure. This expanded quartz beyond interior kitchens to outdoor living design and earned multiple design awards internationally.

Caesarstone has also put a lot of effort into the development of low-silica surface technologies to advance sustainability. This has led to the 2023 launch of Caesarstone’s Mineral Surfaces range, a new class of low-silica surfaces designed to maintain strength and aesthetics while significantly reducing crystalline silica content. During 2025 Caesarstone introduced its Advanced Fusion (Caesarstone ICON) surfaces: the company’s first crystalline silica-free material (may contain less than 1% crystalline silica), made from a proprietary blend of recycled materials..

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

Former names

  • CaesarStone Sdot-Yam Ltd.Feb 16, 2012 to May 23, 20166

Timeline

  1. Mar 22, 2012Went public Listed on NASDAQ1
  2. 1987Founded Founded in Caesarea1

Recent filings

  1. Oct 8, 2026SCHEDULE 13D/A
  2. Sep 24, 20264 FORM 3
  3. Sep 23, 2026SCHEDULE 13D/A
  4. Aug 5, 20266-K
  5. May 21, 20264
  6. May 20, 2026144
  7. May 13, 20266-K
  8. May 13, 2026S-8
  9. Apr 27, 20263
  10. Apr 14, 20263
  11. Mar 18, 20263
  12. Mar 18, 20263
  13. Mar 18, 20263
  14. Mar 18, 20263
  15. Mar 18, 20263

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