RDCM

MKT CAP:$264M

RADCOM Ltd.

Market Cap

$264M

Communication Services·Telecommunications Services·🇮🇱 Israel·NASDAQ

Communication·Telecommunications·🇮🇱·NASDAQ

Stock Price

$13.34+$0.48 (+3.71%)

Apr 21, 2026

Company Details

RADCOM Ltd. provides 5G ready cloud-native network intelligence and service assurance solutions for telecom operators or communication service providers (CSPs). It offers RADCOM ACE, including RADCOM Service Assurance, a cloud-native, 5G-re...

CEO

Benjamin Eppstein

IPO Date

Sep 25, 1997

Website

www.radcom.com

Key Metrics TTM

Revenue

$71M

+17.2% YoY

Net Income

$12M

EPS (Diluted)

$0.72

Free Cash Flow

$0

Revenue / Share

$4.20

Gross Margin

76.0%

Operating Margin

11.6%

Net Margin

16.8%

FCF Margin

0.0%

P/S

3.7x

P/E

22.1x

Earnings Reports

Q1 2026

May 13, 2026

PENDING

FY 2025

Dec 31, 2025

$71M+17.2%EPS $0.71

Q4 2025

Feb 11, 2026

$19M+15.9%EPS $0.21

Q3 2025

Nov 12, 2025

$18M+16.2%EPS $0.21

Q2 2025

Aug 13, 2025

$18M+19.3%EPS $0.15

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$11M	$8M	-$1M
Q2 22	$11M	$8M	-$1M
Q3 22	$12M	$9M	-$807.0K
Q4 22	$12M	$9M	-$738.0K
Q1 23	$12M	$9M	-$374.0K
Q2 23	$12M	$9M	-$446.0K
Q3 23	$13M	$10M	-$1M
Q4 23	$14M	$11M	$1M
Q1 24	$14M	$10M	-$310.0K
Q2 24	$15M	$11M	$880.0K
Q3 24	$16M	$12M	$1M
Q4 24	$16M	$12M	$1M
Q1 25	$17M	$12M	$1M
Q2 25	$18M	$13M	$2M
Q3 25	$18M	$14M	$2M
Q4 25	$19M	$14M	$3M

Valuation

Quarter	P/S	P/E
Q1 22	4.4x	—
Q2 22	3.6x	—
Q3 22	3.6x	—
Q4 22	3.6x	—
Q1 23	3.1x	—
Q2 23	2.9x	143.6x
Q3 23	2.7x	120.9x
Q4 23	2.4x	32.7x
Q1 24	3.2x	44.2x
Q2 24	2.6x	30.0x
Q3 24	2.7x	22.1x
Q4 24	3.1x	26.9x
Q1 25	2.9x	21.2x
Q2 25	3.3x	23.2x
Q3 25	3.3x	21.4x
Q4 25	3.1x	18.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$0	$0
Q2 22	$0	$0
Q3 22	$0	$0
Q4 22	$0	$0
Q1 23	$0	$0
Q2 23	$0	$0
Q3 23	$0	$0
Q4 23	$0	$0
Q1 24	$0	$0
Q2 24	$0	$0
Q3 24	$0	$0
Q4 24	$0	$0
Q1 25	$0	$0
Q2 25	$0	$0
Q3 25	$0	$0
Q4 25	$0	$0

Capital Expenditures

Quarter	CapEx
Q1 22	$0
Q2 22	$0
Q3 22	$0
Q4 22	$0
Q1 23	$0
Q2 23	$0
Q3 23	$0
Q4 23	$0
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q1 25	$0
Q2 25	$0
Q3 25	$0
Q4 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	+16.2%	+10.2%
Q2 22	+14.1%	+9.1%
Q3 22	+17.4%	+14.8%
Q4 22	+10.1%	+4.8%
Q1 23	+13.2%	+2.4%
Q2 23	+11.2%	+4.9%
Q3 23	+9.9%	+12.8%
Q4 23	+14.0%	-3.4%
Q1 24	+17.5%	+16.4%
Q2 24	+19.6%	+8.6%
Q3 24	+19.9%	+1.1%
Q4 24	+16.1%	+18.8%
Q1 25	+17.5%	+4.8%
Q2 25	+19.3%	+14.3%
Q3 25	+16.2%	+9.3%
Q4 25	+15.9%	+8.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$1M	11.4%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$2M	13.9%
Q2 24	$1M	8.9%
Q3 24	$1M	8.5%
Q4 24	$1M	9.1%
Q1 25	$2M	9.6%
Q2 25	$2M	9.1%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 22	$6M	$1M	$3M
Q2 22	$5M	$1M	$3M
Q3 22	$5M	$1M	$3M
Q4 22	$5M	$1M	$3M
Q1 23	$5M	$1M	$3M
Q2 23	$5M	$1M	$3M
Q3 23	$6M	$1M	$4M
Q4 23	$4M	$1M	$4M
Q1 24	$5M	$2M	$4M
Q2 24	$5M	$1M	$4M
Q3 24	$5M	$1M	$5M
Q4 24	$5M	$2M	$5M
Q1 25	$5M	$1M	$5M
Q2 25	$5M	$2M	$5M
Q3 25	$5M	$2M	$5M
Q4 25	$5M	$2M	$5M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$22M	$49M	$71M
Q2 22	$16M	$57M	$73M
Q3 22	$15M	$55M	$71M
Q4 22	$10M	$64M	$74M
Q1 23	$10M	$68M	$78M
Q2 23	$35M	$43M	$78M
Q3 23	$8M	$70M	$79M
Q4 23	$11M	$71M	$82M
Q1 24	$8M	$77M	$85M
Q2 24	$15M	$71M	$86M
Q3 24	$16M	$74M	$90M
Q4 24	$19M	$75M	$95M
Q1 25	$8M	$91M	$99M
Q2 25	$22M	$80M	$102M
Q3 25	$16M	$91M	$107M
Q4 25	$30M	$79M	$110M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	14M	+1.2%	+1.4%
Q2 22	14M	+1.0%	+2.3%
Q3 22	15M	+0.7%	+2.9%
Q4 22	15M	+1.1%	+3.9%
Q1 23	16M	+5.8%	+8.7%
Q2 23	16M	+0.6%	+8.3%
Q3 23	15M	-3.3%	+4.0%
Q4 23	15M	+2.0%	+5.0%
Q1 24	16M	+2.7%	+1.9%
Q2 24	16M	+0.7%	+2.0%
Q3 24	16M	+1.1%	+6.7%
Q4 24	17M	+2.8%	+7.6%
Q1 25	17M	+0.3%	+5.0%
Q2 25	17M	+0.3%	+4.6%
Q3 25	17M	+1.3%	+4.7%
Q4 25	17M	+0.7%	+2.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$73.8K	144
Q2 22	$77.3K	144
Q3 22	$83.4K	144
Q4 22	$86.5K	142
Q1 23	$84.7K	142
Q2 23	$87.1K	142
Q3 23	$92.9K	142
Q4 23	$47.5K	295
Q1 24	$47.9K	295
Q2 24	$50.2K	295
Q3 24	$53.6K	295
Q4 24	$53.0K	307
Q1 25	$54.0K	307
Q2 25	$57.5K	307
Q3 25	$59.9K	307
Q4 25	$61.4K	307

Revenue / Employee