Saturday 17 October 2026 Export RDCM’s income statement to Excel — free account

Radcom Ltd.

RDCM Communication Services Telecom Services

Radcom Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $71.5 million, up 17.2% from fiscal 2024. In the quarter to June 2026, revenue fell 33.4%, EPS fell 220.0% and free cash flow grew 3,354.7%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

10.05 0.19 −1.86%

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Market cap: $171.4M
P/E: 23.4×
Fwd P/E: −43.6×
Dividend yield: —
F-score: 8/9
Altman Z: 5.23
Beneish M: −2.47
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.09

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	1	1	—	—	—	—

Insider Ownership 22.91%

Capital & Financial Ratios $m

Market Cap 171.40

Revenue 67.59

Net Income 11.99

Free Cash Flow 23.73

Net Debt (109.70)

Current Ratio 6.20

Debt/Equity 0.00

P/E ratio 23.37

Fwd P/E (43.60)

P/S ratio 2.50

P/B ratio 1.44

Past 5Y EPS Growth —

This Y EPS Growth (67.42%)

Next Y EPS Growth 31.72%

Next Y revenue growth (18.06%)

Next 5Y EPS Growth 7.11%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 22.41%

10-year low 10-year high

P/S against its own 10 years 3.87%

10-year low 10-year high

P/B against its own 10 years 6.97%

10-year low 10-year high

EV/Sales against its own 10 years 3.76%

10-year low 10-year high

EV/FCF against its own 10 years 1.36%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	82	19	30	110
Receivables	15	21	22	24
Inventory	0	2	0	1
Other	71	75	79	—
	97	117	133	134

	2023	2024	2025	Q'26
Payables	3	2	3	4
ST’ Debt	—	—	—	—
Other	—	—	—	—
	20	28	23	22

Compound Annual Growth %

	10y	5y	3y
Sales	14.37%	13.74%	15.79%
Cash Flow	22.73%	0.00%	34.38%
Earnings	0.00%	0.00%	0.00%
Book Value	27.74%	9.64%	16.17%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	19	12	—	—	—
’25	17	18	18	19	71
’24	14	15	16	16	61
’23	12	12	13	14	52
’22	11	11	12	12	46
’21	9	10	10	11	40
’20	8	9	10	10	38

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	15	15
’24	—	—	—	11	11
’23	—	—	—	—	5
’22	—	—	—	—	6
’21	—	—	—	—	2
’20	—	—	—	—	0

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	14	14
’24	—	—	—	11	11
’23	—	—	—	0	4
’22	—	—	—	0	6
’21	—	—	—	0	2
’20	—	—	—	0	0

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.18	(0.18)	—	—	—
’25	0.15	0.15	0.21	0.21	0.71
’24	0.05	0.11	0.14	0.14	0.43
’23	0.04	0.05	(0.02)	0.17	0.24
’22	(0.04)	(0.09)	(0.03)	0.00	(0.16)
’21	(0.12)	(0.08)	(0.08)	(0.10)	(0.37)
’20	(0.21)	(0.01)	(0.03)	(0.03)	(0.29)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	11.11	16.60	6.96	6.96	5.23	8.93	9.09	7.52	7.70	9.88	Analyst estimates 2026–2028 Powerpack
	High	22.35	22.45	21.80	10.37	11.24	13.05	14.70	11.50	12.84	15.98
People
People	Employees	192	214	233	282	276	278	284	295	307	325
	Revenue/emp, $m	0.15	0.17	0.15	0.12	0.14	0.14	0.16	0.17	0.20	0.22
Income, $m
Income, $m	Revenue	30	37	34	33	38	40	46	52	61	71
	Gross margin, %	69.56	71.83	73.96	69.96	71.36	71.64	72.39	73.31	74.19	75.95
	EBT	2	3	(2)	(7)	(4)	(5)	(2)	4	7	13
	EBT margin, %	6.57	8.01	(6.91)	(20.18)	(10.04)	(12.76)	(4.56)	7.55	11.80	17.60
	Net income	2	3	(2)	(7)	(4)	(5)	(2)	4	7	12
	Depreciation	0	1	1	1	1	1	0	1	1	1
Per share, $
Per share, $	Revenue	2.84	3.09	2.50	2.40	2.70	2.85	3.17	3.42	3.89	4.40
	Earnings	0.18	0.24	(0.18)	(0.50)	(0.29)	(0.37)	(0.16)	0.25	0.44	0.74
	Cash flow	0.91	(0.88)	(0.14)	0.50	0.00	0.14	0.41	0.31	0.73	0.90
	Capex	(0.13)	(0.07)	(0.05)	(0.05)	(0.03)	(0.03)	(0.01)	(0.02)	(0.03)	(0.02)
	Free cash flow	0.78	(0.95)	(0.19)	0.45	(0.03)	0.11	0.40	0.30	0.70	0.87
	Book value	3.86	6.35	5.76	5.36	5.17	4.97	5.01	5.46	6.11	7.01
	Shares, m	10	12	14	14	14	14	15	15	16	16
Valuation, ×
Valuation, ×	P/E	84.24	90.91	0.00	0.00	0.00	0.00	0.00	33.33	28.09	17.92
	P/S	6.54	6.47	2.97	3.56	4.06	4.58	3.29	2.34	3.17	2.98
	P/B	4.81	3.15	1.29	1.59	2.12	2.63	2.08	1.46	2.02	1.86
	EV/Sales	5.09	5.86	1.15	1.46	3.70	4.28	1.69	0.75	2.86	1.44
	EV/FCF	15.15	(24.80)	(2.78)	7.03	(159.54)	52.15	5.94	3.38	14.50	4.33
Cash, $m
Cash, $m	Operating cash flow	9	(11)	(2)	7	0	2	6	5	11	15
	Capex	(1)	(1)	(1)	(1)	0	0	0	0	0	0
	Free cash flow	8	(11)	(3)	6	0	2	6	4	11	14
Balance, $m
Balance, $m	Working capital	39	75	77	70	68	67	65	77	89	109
	Total debt	—	—	—	6	3	2	2	—	—	—
	Net debt	(43)	(23)	(62)	(69)	(14)	(12)	(74)	(82)	(19)	(30)
	Shareholders’ equity	40	76	78	74	72	70	73	82	96	114
Returns, %
Returns, %	ROA	5.13	3.96	(2.66)	(7.35)	(4.20)	(5.68)	(2.34)	3.56	5.85	8.70
	ROIC	0.00	3.02	(13.22)	(106.71)	(4.90)	(5.90)	0.00	(126.92)	2.52	6.21
	ROE	7.66	4.98	(3.12)	(8.97)	(5.47)	(7.40)	(3.16)	4.78	7.82	11.43

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SHEN Shenandoah Telecommunications Co	$566.4M	— (loss-making)	— (loss-making)	+5.53% (above 0%: growing)	n/m	+30.29% (above 0%: growing)	65.01%	(1.09%)	Compare
CCOI Cogent Communications Holdings, Inc.	$427.7M	— (loss-making)	— (loss-making)	−4.34% (below 0%: shrinking)	n/m	+288.37% (above 0%: growing)	46.93%	50.49%	Compare
ATNI ATN International, Inc.	$398.3M	2.5×	41.5×	+1.77% (above 0%: growing)	n/m	+71.51% (above 0%: growing)	56.94%	129.93%	Compare
OPTU Optimum Communications, Inc.	$365.5M	— (loss-making)	— (loss-making)	−5.75% (below 0%: shrinking)	n/m	−359.11% (below 0%: shrinking)	70.96%	8.21%	Compare
GOGO Gogo Inc.	$304.9M	2,130×	11.7×	−1.43% (below 0%: shrinking)	n/m	−34.40% (below 0%: shrinking)	42.01%	13.31%	Compare
CXDO Crexendo Inc.	$188.5M	39.1×	43.0×	+48.90% (above 0%: growing)	−25.00% (below 0%: shrinking)	+115.43% (above 0%: growing)	65.69%	4.28%	Compare
RDCM Radcom Ltd.	$171.4M	23.4×	— (loss-making)	−33.40% (below 0%: shrinking)	n/m	+3,354.69% (above 0%: growing)	75.08%	(31.95%)
KVHI KVH Industries, Inc.	$109.2M	— (loss-making)	47.0×	+26.67% (above 0%: growing)	−80.00% (below 0%: shrinking)	−95.84% (below 0%: shrinking)	30.63%	(0.23%)	Compare
PCLA PicoCELA Inc.	$64.4M	—	—	—	—	+33.38% (above 0%: growing)	—	—	Compare
Median of peers	$335.2M	39.1×	42.3×	+1.77%	—	+31.84%	56.94%	8.21%

All 55 Telecom Services stocks →

Radcom Ltd. (RDCM) key facts

Strength: Radcom Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $71.5 million, up 17.2% from fiscal 2024.
Radcom Ltd. (RDCM) is a Telecom Services company in the Communication Services sector, listed on Nasdaq.
As of October 16, 2026, RDCM traded at $10.05, a market capitalization of $171.4 million.
Return on equity was 11.4% and debt-to-equity 0.00.
Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 5.23 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.