CMBMFOTCRadio & Tv Broadcasting & Communications EquipmentFiscal year ends December 31
Cambium Networks Corp
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on May 20, 2026
$0.01+0.01 (+1900.00%)
Close on Oct 19, 2026
- Market cap
- $289.80K
- P/E (TTM)
- –
- Dividend yield
- 0.00%
Margins
Share of revenue, fiscal years 2017 to 2025
Gross margin
40.2%−9.9 pts over 5 years
Operating margin
-17.5%−26.1 pts over 5 years
Net margin
-24.1%−30.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -10.0% | -18.7% | -10.5% | – | |
| Gross profit | +2.0% | -23.8% | -14.4% | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 36.0% | 196.7% | |
| Return on assets | – | 9.8% | -24.8% | |
| Current ratio | – | 1.53 | 0.66 | |
| Debt to equity | – | 0.85 | -1.85 | |
| Net debt to EBITDA | – | -0.27× | -2.09× | |
| Interest coverage | 3.0× | 4.5× | -3.1× | |
| Inventory turnover | – | 3.7× | 2.7× | |
| Capex to revenue | 1.5% | 1.2% | 0.3% | |
| Diluted shares | 14M | 26M | 29M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Cambium Networks generated $80.39M from operations and spent $22.52M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$80.39M
Used
$22.52M
Capital expenditure$22.52M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-24.1%
×Asset turnover1.03×
×Equity multiplier-7.93×
=Return on equity, FY2025196.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -24.1% | 1.03× | -7.93× | 196.7% |
| FY2024 | -42.0% | 0.93× | 6.61× | -257.2% |
| FY2023 | -32.7% | 0.95× | 2.61× | -80.8% |
| FY2022 | 6.8% | 1.18× | 2.14× | 17.2% |
| FY2021 | 11.1% | 1.53× | 2.50× | 42.6% |
| FY2020 | 6.7% | 1.47× | 3.66× | 36.0% |
| FY2019 | -6.6% | 1.70× | 16.25× | -181.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$38.54M
- Cash generatingOperating cash flow above zero-$15.71M
- Return on assets improvedROA up on the prior year-35.6% → -22.2%
- Earnings backed by cashOperating cash flow above net income-$15.71M vs -$38.54M
- Less leverageLong-term debt to assets fell0.0% → 0.0%
- Better liquidityCurrent ratio rose1.00 → 0.66
- No dilutionShare count did not rise28M → 29M
- Gross margin improvedGross margin up on the prior year35.50% → 40.20%
- More efficientAsset turnover rose0.85 → 0.92