AudioCodes Ltd. provides advanced communications software, products, and productivity solutions for the digital workplace. The company offers solutions, products, and services for unified communications, contact centers, VoiceAI business line, and service provider business. Its products include session border controllers, life cycle management solutions, VoIP network routing solutions, media gateways and servers, multi-service business routers, IP phones solutions, and value-added applications, as well as professional services. The company also offers One Voice Operations Center, a voice network management solution; Device Manager for administering business phones and meeting room solutions; AudioCodes Routing Manager for handling call routing in VoIP networks; and User Management Pack 365 simplifies user lifecycle and identity management across Microsoft Teams and Skype for Business deployments. In addition, it provides AudioCodes Live for Microsoft Teams, a portfolio of managed services for simplifying Teams adoption; appliances for Microsoft Skype/Teams for Business such as survivable branch appliances, CCE, and CloudBond 365; and a range of value-added voice applications comprising SmartTAP, Voca, VoiceAI Connect, and Meeting Insights. Further, the company offers managed services; and AudioCodes Live Cloud, a Microsoft Teams software as a service solution that enables service providers to offer their business customers a seamless migration to Microsoft Teams. It primarily markets and sells its products through a direct sales force and sales representatives to original equipment manufacturers, network equipment providers, and systems integrators and distributors in the telecommunications and networking industries. The company primarily operates in the Americas, Europe, the Far East, and Israel. AudioCodes Ltd. was incorporated in 1992 and is headquartered in Lod, Israel.
Revenue of AudioCodes Ltd. (AUDC)
Revenue in 2023 (TTM): $244.38 M
According to AudioCodes Ltd.'s latest financial reports the company's current revenue (TTM) is $244.38 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of AudioCodes Ltd.
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $244.38 M | $158.35 M | $17.02 M | $14.37 M | $8.78 M |
| 2022 | $275.09 M | $178.78 M | $34.3 M | $34.18 M | $28.47 M |
| 2021 | $248.92 M | $170.89 M | $41.96 M | $39.65 M | $33.75 M |
| 2020 | $220.77 M | $149.82 M | $40.62 M | $36.65 M | $27.25 M |
| 2019 | $200.29 M | $94.96 M | $-7,510,000 | $-11,315,000 | $3.98 M |
| 2018 | $176.22 M | $110.61 M | $18.67 M | $16.59 M | $13.49 M |
| 2017 | $156.74 M | $97.85 M | $12.09 M | $9.64 M | $4.03 M |
| 2016 | $145.57 M | $88.34 M | $10.65 M | $7.59 M | $16.24 M |
| 2015 | $139.76 M | $82.79 M | $5.67 M | $3.15 M | $366 K |
| 2014 | $151.58 M | $88.99 M | $6.73 M | $3.31 M | $-86,000 |
| 2013 | $137.23 M | $78.67 M | $5.79 M | $2.84 M | $4.22 M |
| 2012 | $127.49 M | $73.2 M | $-852,000 | $-3,282,000 | $-4,177,000 |
| 2011 | $155.83 M | $91.67 M | $10.5 M | $7.66 M | $7.16 M |
| 2010 | $150.04 M | $83.9 M | $14.8 M | $10.34 M | $12.13 M |
| 2009 | $125.89 M | $69.7 M | $5.09 M | $-2,928,000 | $-2,085,000 |
| 2008 | $174.74 M | $97.29 M | $16.91 M | $-78,253,000 | $-81,340,000 |
| 2007 | $158.24 M | $89.05 M | $3.84 M | $-2,620,000 | $-3,885,000 |
| 2006 | $147.35 M | $86.11 M | $10.47 M | $7.17 M | $6.88 M |
| 2005 | $115.83 M | $68.83 M | $16.22 M | $14.24 M | $13.44 M |
| 2004 | $82.76 M | $48.38 M | $6.7 M | $5.28 M | $5.01 M |
| 2003 | $44.23 M | $24.19 M | $-6,823,000 | $-10,292,000 | $-8,434,000 |
| 2002 | $27.19 M | $14.18 M | $-14,482,000 | $-13,857,000 | $-13,857,000 |
| 2001 | $35.73 M | $13.79 M | $-16,226,000 | $-13,273,000 | $-13,273,000 |
| 2000 | $71.8 M | $44.7 M | $21.13 M | $27.12 M | $26.68 M |
| 1999 | $31.2 M | $19.69 M | $8.95 M | $11.02 M | $10.66 M |
| 1998 | $9.2 M | $6.2 M | $800 K | $700 K | $600 K |