RDCMNasdaqComputer Peripheral Equipment, NECFiscal year ends December 31
RADCOM LTD
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 31, 2026
$10.12+0.04 (+0.40%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 14.3
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
76.0%+4.6 pts over 5 years
Operating margin
11.6%+23.8 pts over 5 years
Net margin
16.8%+27.4 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 | +17.2% | +15.8% | +13.7% | +14.4% | |
| Gross profit | +20.0% | +17.7% | +15.2% | +14.2% | |
| Operating income | +169.0% | – | – | – | |
| Net income | +72.1% | – | – | – | |
| EPS, diluted | +65.1% | – | – | – | |
| Free cash flow | +29.8% | +34.3% | – | +23.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 7.7% | -5.5% | 11.4% | |
| Return on assets | 5.1% | -4.2% | 8.7% | |
| Current ratio | 4.52 | 5.59 | 5.75 | |
| Inventory turnover | 8.3× | 11.3× | 17.3× | |
| Capex to revenue | 4.5% | 1.1% | 0.5% | |
| Diluted shares | 11M | 14M | 17M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Radcom generated $38.72M from operations and spent $1.63M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$38.72M
Used
$1.63M
Capital expenditure$1.63M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin16.8%
×Asset turnover0.52×
×Equity multiplier1.31×
=Return on equity, FY202511.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 16.8% | 0.52× | 1.31× | 11.4% |
| FY2024 | 11.4% | 0.51× | 1.34× | 7.8% |
| FY2023 | 7.2% | 0.49× | 1.34× | 4.8% |
| FY2022 | -4.9% | 0.48× | 1.35× | -3.2% |
| FY2021 | -13.1% | 0.43× | 1.30× | -7.4% |
| FY2020 | -10.6% | 0.40× | 1.30× | -5.5% |
| FY2019 | -20.7% | 0.36× | 1.22× | -9.0% |
| FY2018 | -7.1% | 0.38× | 1.17× | -3.1% |
| FY2017 | 7.8% | 0.51× | 1.26× | 5.0% |
| FY2016 | 6.5% | 0.79× | 1.49× | 7.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$11.99M
- Cash generatingOperating cash flow above zero$14.61M
- Return on assets improvedROA up on the prior year6.5% → 9.2%
- Earnings backed by cashOperating cash flow above net income$14.61M vs $11.99M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose4.20 → 5.75
- No dilutionShare count did not rise16M → 17M
- Gross margin improvedGross margin up on the prior year74.19% → 75.95%
- More efficientAsset turnover rose0.57 → 0.55