Company Analysis

AudioCodes Ltd. (AUDC)

Nasdaq: AUDC · Telephone & Telegraph Apparatus · Or Yehuda, IL · filing with the SEC since 2000
Grade6.6
◀ Past 7.9● Present 6.4▶ Future 5.7
1 est.

The grade of AudioCodes Ltd.

Nine metrics read from its own filings, by tense
Headline grade
6.6/10
◀ Past7.930% of the headline
● Present6.440% of the headline
▶ Future5.730% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

7.9/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
8.0/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 80th percentile among 10 sector filers · read for itself

From the record

AudioCodes Ltd.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.4/10

What has it actually done, year after year?

+6% a year over 10 filed years; profitable in 10 of 10.

weight 45% of this tense · 74th percentile among 10 sector filers · read for its customers

From the record

AudioCodes Ltd.'s 10 filed years say what it did: revenue went from $146 million in fiscal 2016 to $246 million in fiscal 2025, up 6% a year; it rose in 7 of 9 years; the deepest fall was 12% from fiscal 2022 to fiscal 2024; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span6.0%top 50% of its family
  • the share of years revenue rosetop 20% of its family
  • the share of filed years with a profittop 10% of its family
  • the deepest fall from a revenue peak12.0%top 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.9/10

How has it treated the people who own it?

Share count shrank 3.7% a year. 100% of cash flow returned. Insiders: 16 sales, 5 purchases.

weight 22% of this tense · 89th percentile among 7 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, AudioCodes Ltd.'s diluted share count shrank about 3.7% a year, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 16 sales (14 under scheduled 10b5-1 plans) and 5 purchases of their own stock on the open market in the year to 2026-11-12, buying about $270 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearstop 15% of its family
  • cash returned against operating cash flowtop 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.4/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
7.3/10

Is it financially healthy right now?

ROE 5%: 5¢ of profit per shareholder dollar. Leverage 47%: owes 47¢ per asset dollar.

weight 45% of this tense · 73rd percentile among 10 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, AudioCodes Ltd. earned about 5 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 49 cents per dollar of everything the company owns. Leverage: it owed about 47 cents per dollar of assets, and net share issuance: its share count shrank 5.4% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 45% of its family
  • return on equitytop 31% of its family
  • gross profit against assetstop 17% of its family
  • the share count against the year beforetop 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.7/10

How strong is its position in its industry?

top 43% of 9 in its family; net margin 3.6%.

weight 33% of this tense · 57th percentile among 9 sector filers · read for its customers

From the record

AudioCodes Ltd.'s standing among 9 graded names in its industry family: revenue of $246 million in fiscal 2025 ranks in the top 50% by size; a net margin of 3.6% ranks in the top 28%; revenue growth of -3.7% a year over the last 3 filed years ranks in the top 50% (its annual reports).

What it rests on

  • revenue against the family$246Mtop 50% of its family
  • net margin3.6%top 28% of its family
  • three-year revenue growth-3.7%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.4/10

What are the people in charge doing?

SI estimate 5.4/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 8 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-10 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 8 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-10 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 8 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: AudioCodes Ltd.'s leadership is put at 5.4 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-10 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 8 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

5.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
7.4/10

How much room does it have to grow?

top 26% of 8 in its family for room to expand.

weight 45% of this tense · 74th percentile among 8 sector filers · read for itself

From the record

AudioCodes Ltd.'s room to grow, from the newest filed statements (fiscal 2025): cash of $45 million against no long-term debt tagged leaves 14% of its assets as net cash, top 35% of its family; cash from operations less capital spending is 9.3% of revenue (top 44%); a gross margin of 65% (top 19%); research spending of 21.4% of revenue (top 7%) (its annual report).

What it rests on

  • cash less debt against assets14.0%top 35% of its family
  • cash from operations less capital spending against revenue9.3%top 44% of its family
  • gross margin65.0%top 19% of its family
  • research spending against revenue21.4%top 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.8/10

What could actually drive growth from here?

bottom 48% of 10 in its family for growth drivers.

weight 33% of this tense · 48th percentile among 10 sector filers · read for its customers

From the record

AudioCodes Ltd.'s growth drivers, from the filed years to fiscal 2025: revenue grew -3.7% a year over the last three filed years against 6% over all 10, slowing (bottom 28% of its family); the newest year grew 1.4% (bottom 28%); research spending grew -4.2% a year (top 50%); capital spending grew 63.3% a year (top 15%) (its annual reports). AudioCodes Ltd. reported 2 product lines in fiscal 2025: Service at $131 million (53%), Product at $115 million (47%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-9.7 points a yearbottom 28% of its family
  • the newest year's revenue growth1.4%bottom 28% of its family
  • three-year growth of research spending-4.2%top 50% of its family
  • three-year growth of capital spending63.3%top 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
3.7/10

Did its newest year beat what its own record pointed to?

bottom 37% of 9 in its family for expectations against reality.

weight 22% of this tense · 37th percentile among 9 sector filers · read for its shareholders

From the record

AudioCodes Ltd.'s newest year against its own record: revenue of $246 million in fiscal 2025 came in 8.1% above the $227 million its prior three years' pace pointed to (bottom 28% of its family); net income of $9 million against a prior three-year average of $18 million (bottom 45%); a net margin of 3.6% against 6.8% before (bottom 39%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace8.1%bottom 28% of its family
  • net income against the prior three years' average-49%bottom 45% of its family
  • net margin against its prior average-3.1 pointsbottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton AUDC · research, not advice