RADCOM Delivers 17.2% Full-Year Revenue Growth, Record Revenue and Operating Margins in 2025

Core Viewpoint - RADCOM Ltd. reported a record revenue of $71.5 million for the full year 2025, achieving a 17.2% year-over-year growth, marking six consecutive years of revenue growth [1][2] Financial Performance - Fourth Quarter 2025 revenue reached $18.9 million, a 15.9% increase from $16.3 million in Q4 2024 [1] - Full Year 2025 non-GAAP net income was $18.4 million, or $1.09 per diluted share, compared to $13.5 million, or $0.83 per diluted share in 2024 [1][3] - GAAP net income for the full year 2025 was $12.0 million, or $0.71 per diluted share, up from $7.0 million, or $0.43 per diluted share in 2024 [1][3] - The company ended 2025 with cash and cash equivalents of $109.9 million and no debt, representing the highest cash levels in its history [1] Operating Margins - Non-GAAP operating income for the full year 2025 was $14.8 million, or 20.6% of revenue, compared to $9.5 million, or 15.6% of revenue in 2024 [1] - GAAP operating income for the full year 2025 was $8.3 million, or 11.6% of revenue, compared to $3.1 million, or 5.1% of revenue in 2024 [1] Outlook - RADCOM provided revenue growth guidance for 2026 of 8% to 12%, implying a revenue target of approximately $78.6 million at the midpoint [1] Leadership Transition - The company appointed Mr. Rami Schwartz as Chairman of the Board, effective February 8, 2026, succeeding Mr. Sami Totah [1]