AUDC on Nasdaq

Audiocodes Ltd.

Logo: https://www.audiocodes.com/partners/partner-tools/audiocodes-catalog/logos, Non-free logo, via Wikipedia5

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. Founded in 1993, it is headquartered in Or Yehuda, Israel, AudioCodes has a global footprint with offices, research and development centers, and support and service teams across North America, Europe, Asia, and Latin America. As of 2025, the company employs approximately 1,000 people worldwide.3 Its revenue was $200 million in 2019.1 Its shares trade on Nasdaq under the symbol AUDC.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$245.6MRevenue, fiscal 20256
$9.0MNet income, fiscal 20256
1993Founded1

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  • 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 inIsrael7
  • Business address6 Ofra Haza Street, Or Yehuda, L3 701517
  • Filer categoryLarge accelerated filer7
  • LEI529900TA48138NEVR8544
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressעופרה חזה 6, 6032303 אוֹר יְהוּדָה, Israel4
  • Registered withIsraeli Corporations Authority (Department of Justice), 5200441324

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 margin6
5.7%Operating margin6
3.6%Net margin6
1.4%Revenue growth, 20256
5.2%Return on equity6
$22.9MFree cash flow6

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$130.7M653%up 0% from 2024
  2. Product$114.9M647%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$128.0M652%up 2% from 2024
  2. Europe$78.0M632%up 2% from 2024
  3. Eastern Asia$34.1M614%up 4% from 2024
  4. Israel$5.6M62%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.6

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.6

Financial statements

Revenue9101112136$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 profit9101112136$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 income9101112136$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 income9101112136$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 as filed: the last 3 fiscal years, latest first.6

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

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Corporate structure

Audiocodes Ltd. sits at the top of its group. 3 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Audiocodes Ltd.

  • Audiocodes Ltd. אוֹר יְהוּדָה, Israel
    • AudioCodes Germany GmbH Subsidiary · Frankfurt am Main, Germany
    • AUDIOCODES, INC. Subsidiary · Piscataway, New Jersey, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Audiocodes Ltd. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$43.9M6 Dec 31, 2025$42.1M6 Dec 31, 2024+4.3%
Accumulated depreciation$14.6M6 Dec 31, 2025$14.7M6 Dec 31, 2024−0.8%
Property and equipment, net$29.2M6 Dec 31, 2025$27.3M6 Dec 31, 2024+7.1%
Operating-lease assets (leased space)$30.1M6 Dec 31, 2025$32.5M6 Dec 31, 2024−7.6%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$45.3M6 Dec 31, 2025$58.7M6 Dec 31, 2024−22.9%
Marketable securities, non-current$06 Dec 31, 2025$28.5M6 Dec 31, 2024−100.0%
Debt securities available for sale$31.9M13 Dec 31, 2024$73.2M13 Dec 31, 2023−56.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$37.6M6 Dec 31, 2025$37.6M6 Dec 31, 20240%
Intangible assets, net (excluding goodwill)$19.0K6 Dec 31, 2025$489.0K6 Dec 31, 2024−96.1%
Finite-lived intangibles, gross$26.8M6 Dec 31, 2025$26.8M6 Dec 31, 20240%
Accumulated amortization$26.7M6 Dec 31, 2025$26.3M6 Dec 31, 2024+1.8%
Finite-lived intangibles, net$19.0K6 Dec 31, 2025$489.0K6 Dec 31, 2024−96.1%

Inventory

ItemLatestA year beforeChange
Inventory, total$22.0M6 Dec 31, 2025$31.5M6 Dec 31, 2024−30.0%
Raw materials$8.8M6 Dec 31, 2025$14.0M6 Dec 31, 2024−37.2%
Finished goods$13.2M6 Dec 31, 2025$17.4M6 Dec 31, 2024−24.2%

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 4.0.8

Leadership

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

Chief financial officer

  1. Niran Baruch2026–now
1995200020052010201520202025
Board members and other officers (5)

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 4.0.8

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 4.0.8

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. Mar 16, 2026New chief executive Shabtai Adlersberg becomes CEO15
  2. 1993Founded Founded in Israel1

Calendar

Coming up

  1. Nov 3, 2026Reports results for the quarter ending Sep/202622

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

156 filings to the SEC since October 2021: 5 annual reports, 29 insider forms, 32 large holders, 90 other. The latest 20:

  1. Sep 14, 20264 PRIMARY DOCUMENT EDGAR
  2. Sep 14, 20266-K EDGAR
  3. Sep 10, 20264 PRIMARY DOCUMENT EDGAR
  4. Sep 10, 20264 PRIMARY DOCUMENT EDGAR
  5. Sep 10, 20264 PRIMARY DOCUMENT EDGAR
  6. Sep 10, 20264 PRIMARY DOCUMENT EDGAR
  7. Sep 10, 20264 PRIMARY DOCUMENT EDGAR
  8. Sep 10, 20264 PRIMARY DOCUMENT EDGAR
  9. Sep 9, 20266-K EDGAR
  10. Sep 2, 20264 PRIMARY DOCUMENT EDGAR
  11. Sep 1, 2026144 EDGAR
  12. Aug 11, 20264 PRIMARY DOCUMENT EDGAR
  13. Aug 11, 20264 PRIMARY DOCUMENT EDGAR
  14. Aug 7, 20264 PRIMARY DOCUMENT EDGAR
  15. Aug 7, 20264 PRIMARY DOCUMENT EDGAR
  16. Aug 5, 2026144 EDGAR
  17. Aug 5, 2026144 EDGAR
  18. Aug 5, 20266-K EDGAR
  19. Aug 4, 20266-K EDGAR
  20. May 20, 2026SD EDGAR

The 156 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

16 open-market trades by officers, directors and large owners since October 2021: 0 buys and 16 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 1, 2026Simon ZehavaDirectorSale27,000$9.91$267.6KForm 4
Aug 31, 2026Simon ZehavaDirectorSale6,000$10.03$60.2KForm 4
Aug 10, 2026Baruch NiranChief Financial OfficerSale1,875$9.99$18.7KForm 4
Aug 10, 2026Aldema LiorEVP and Chief Business OfficerSale2,812$9.98$28.1KForm 4
Aug 6, 2026Baruch NiranChief Financial OfficerSale1,875$9.95$18.7KForm 4
Aug 6, 2026Aldema LiorEVP and Chief Business OfficerSale2,812$9.95$28.0KForm 4
Aug 5, 2026Baruch NiranChief Financial OfficerSale1,875$9.84$18.4KForm 4
Aug 5, 2026Aldema LiorEVP and Chief Business OfficerSale2,812$9.86$27.7KForm 4
May 8, 2026Aldema LiorEVP and Chief Business OfficerSale2,813$8.34$23.5KForm 4
May 8, 2026Baruch NiranChief Financial OfficerSale1,875$8.34$15.6KForm 4
May 6, 2026Baruch NiranChief Financial OfficerSale1,875$8.52$16.0KForm 4
May 6, 2026Aldema LiorEVP and Chief Business OfficerSale2,813$8.53$24.0KForm 4
May 5, 2026Baruch NiranChief Financial OfficerSale1,875$8.57$16.1KForm 4
May 5, 2026Aldema LiorEVP and Chief Business OfficerSale2,813$8.56$24.1KForm 4
Apr 28, 2026Baruch NiranChief Financial OfficerSale1,875$8.71$16.3KForm 4
Apr 28, 2026Aldema LiorEVP and Chief Business OfficerSale2,813$8.71$24.5KForm 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.

SEC filer profile

How Audiocodes Ltd. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARAUDIOCODES LTD2
  • CIK0001086434
  • Filer statusLarge accelerated filer not an emerging growth company; not a shell company32
  • Incorporated inL332
  • Fiscal year endsDecember 312
  • Industry code (SIC)3661 Telephone & Telegraph Apparatus2
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
  • Business address6 Ofra Haza Street, Or Yehuda, L3 701512
  • Mailing addressPo Box 255, Ben Gurion Airport, L3 701002
  • Phone972397640002
  • Shares outstanding27,089,259 shares as of Dec 31, 202532
  • AuditorKOST FORER GABBAY & KASIERER, Israel PCAOB ID 1281; it also attests to the company’s internal control over financial reporting32
  • On EDGAR sinceOct 11, 20002
  • Filings547 in all: 6-K (248), SC 13G/A (101), 4 (28), 144 (25), 20-F (25), SC 13G (19), SD (13), 3 (10)2
    All 28 form types

    S-8 (10), SCHEDULE 13G/A (10), 424B3 (9), UPLOAD (9), CORRESP (7), CT ORDER (4), F-3 (4), F-3/A (4), SC TO-I/A (4), 424B5 (3), 6-K/A (2), EFFECT (2), S-8 POS (2), SC TO-I (2), 144/A (1), 20-F/A (1), 424B2 (1), F-3ASR (1), FWP (1), RW (1)

  • Latest filingsAnnual report (20-F) Mar 30, 2026

Securities registered for trading

ClassSymbolExchange
Ordinary Shares, nominal value NIS 0.01 per shareAUDCNasdaq Global Select Market

From the cover page of the 20-F filed Mar 30, 2026 (Section 12(b) of the Exchange Act).32

Sources

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