Ceragon Networks Ltd 6-K, filed Feb 17, 2026

Ceragon Networks Ltd (CRNT)

6-K 2026-02-17 For: 2026-02-17

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Added on April 11, 2026

About this 6-K

Ceragon Networks Ltd filed this 6-K on February 17, 2026.

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	CERAGON NETWORKS LTD.

Date: February 17, 2026	By: /s/ Ronen Stein
	Name: Ronen Stein Title: Chief Financial Officer

	Q4 2025
North America	39%
India	30%
EMEA	15%
Latin America	10%
APAC	6%

	Three months ended December 31,					Year ended December 31,
	2025			2024		2025			2024

Revenues		82,330			106,932		338,728			394,190
Cost of revenues		54,667			70,550		224,176			257,339

Gross profit		27,663			36,382		114,552			136,851

Operating expenses:
Research and development, net		7,891			8,969		30,427			34,951
Sales and Marketing		12,053			11,077		48,681			44,717
General and administrative		6,005			5,374		24,394			14,220
Restructuring and related charges		-			-		3,732			1,416
Acquisition- and integration-related charges		(652	)		283		72			1,660
Other operating expenses		-			1,160		-			1,160
Total operating expenses		25,297			26,863		107,306			98,124

Operating income		2,366			9,519		7,246			38,727

Financial expenses and others, net		1,656			4,863		6,538			11,474

Income before taxes		710			4,656		708			27,253

Taxes on income		581			1,046		2,798			3,190

Net income (loss)		129			3,610		(2,090	)		24,063

Basic net income (loss) per share		0.00			0.04		(0.02	)		0.28
Diluted net income (loss) per share		0.00			0.04		(0.02	)		0.27
Weighted average number of shares used in computing basic net income (loss) per share		90,612,915			87,207,634		89,787,286			86,191,178
Weighted average number of shares used in computing diluted net income (loss) per share		92,432,382			89,987,560		89,787,286			88,460,001

	December 31,			December 31,
	2025			2024
ASSETS

CURRENT ASSETS:
Cash and cash equivalents		38,368			35,311
Trade receivables, net		99,673			149,619
Inventories		61,587			59,693
Other accounts receivable and prepaid expenses		25,576			16,415

Total current assets		225,204			261,038

NON-CURRENT ASSETS:
Severance pay and pension fund		362			4,915
Property and equipment, net		39,952			36,764
Operating lease right-of-use assets		16,554			16,702
Intangible assets, net		23,182			16,791
Goodwill		11,007			7,749
Other non-current assets		781			1,037

Total non-current assets		91,838			83,958

Total assets		317,042			344,996

LIABILITIES AND SHAREHOLDERS' EQUITY

CURRENT LIABILITIES:
Trade payables		70,784			91,157
Deferred revenues		2,371			2,573
Short-term loans		19,000			25,200
Operating lease liabilities		4,001			2,971
Other accounts payable and accrued expenses		24,071			29,547

Total current liabilities		120,227			151,448

LONG-TERM LIABILITIES:
Accrued severance pay and pension		2,537			8,359
Operating lease liabilities		13,331			12,936
Other long-term payables		8,195			5,928

Total long-term liabilities		24,063			27,223

SHAREHOLDERS' EQUITY:
Share capital		234			232
Additional paid-in capital		454,640			447,369
Treasury shares at cost		(20,091	)		(20,091	)
Other comprehensive loss		(8,816	)		(10,060	)
Accumulated deficit		(253,215	)		(251,125	)

Total shareholders' equity		172,752			166,325

Total liabilities and shareholders' equity		317,042			344,996

	Three months ended						Year ended
	December 31,						December 31,
	2025			2024			2025			2024

Cash flow from operating activities:
Net income (loss)		129			3,610			(2,090	)		24,063
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization		3,927			3,251			14,327			12,112
Loss from sale of property and equipment, net		19			38			44			207
Stock-based compensation expense		1,030			921			4,091			4,298
Decrease (increase) in accrued severance pay and pensions, net		47			(239	)		(599	)		(970	)
Decrease (increase) in trade receivables, net		12,275			(28,437	)		52,567			(46,224	)
Decrease (increase) in other assets (including other accounts receivable, prepaid expenses, other non-current assets, and the effect of exchange rate changes on cash and cash equivalents)		(4,596	)		3,656			(8,819	)		1,344
Decrease (increase) in inventory		(3,531	)		(309	)		(2,128	)		7,606
Decrease in operating lease right-of-use assets		1,610			939			4,626			4,632
Increase (decrease) in trade payables		1,175			15,291			(22,103	)		23,032
Increase (decrease) in other accounts payable and accrued expenses (including other long-term payables)		(199	)		3,549			(5,088	)		3,898
Decrease in operating lease liability		(1,328	)		(689	)		(3,053	)		(4,196	)
Increase (decrease) in deferred revenues		465			(452	)		(219	)		(3,604	)

Net cash provided by operating activities		11,023			1,129			31,556			26,198

Cash flow from investing activities:
Purchases of property and equipment, net		(3,033	)		(3,727	)		(13,609	)		(14,581	)
Software development costs capitalized		(1,143	)		(645	)		(3,818	)		(1,883	)
Payments made in connection with business acquisitions, net of acquired cash		-			-			(6,570	)		-
Net cash used in investing activities		(4,176	)		(4,372	)		(23,997	)		(16,464	)

Cash flow from financing activities:
Proceeds from exercise of stock options		35			5,071			690			5,878
Repayments of bank credits and loans, net		(12,000	)		-			(6,200	)		(7,400	)
Net cash provided by (used in) financing activities		(11,965	)		5,071			(5,510	)		(1,522	)

Effect of exchange rate changes on cash and cash equivalents		499			(531	)		1,008			(1,138	)
Increase (decrease) in cash and cash equivalents		(4,619	)		1,297			3,057			7,074
Cash and cash equivalents at the beginning of the period		42,987			34,014			35,311			28,237
Cash and cash equivalents at the end of the period		38,368			35,311			38,368			35,311