AudioCodes Reports Third Quarter 2026 Results
Key Highlights
- ➤Q3 revenue $64.1 million, up 4.2% year over year
- ➤Q3 GAAP net income $3.6 million, or $0.15 per diluted share
- ➤Q3 non-GAAP net income $4.0 million, or $0.16 per diluted share
- ➤VoiceAI business grew 50% year over year during the first three quarters
- ➤AudioCodes repurchased 1,517,568 shares for $15.1 million during Q3
Expert Statements
Shabtai Adlersberg, President and Chief Executive Officer of AudioCodes
“I am pleased to report strong financial results and continued business momentum for the third-quarter 2026. Our solid financial results demonstrate progress in our strategic transformation of AudioCodes into a voice AI-driven cloud software and services company,”
Shabtai Adlersberg, President and Chief Executive Officer of AudioCodes
“Third-quarter results were driven by continued momentum in our two key growth pillars: the Live suite of managed services for UCaaS and CX, and our VoiceAI business. Combined annual recurring revenue (ARR) for these segments reached $87 million, up 16% year over year. Our Microsoft Teams business continued to grow with sustained momentum, growing 4% year over year.”
Shabtai Adlersberg, President and Chief Executive Officer of AudioCodes
“Our UCaaS and CX connectivity business, which now accounts for more than 85% of our overall business, has remained resilient, with a promising outlook for 2027.”
Shabtai Adlersberg, President and Chief Executive Officer of AudioCodes
“Building on revenue growth earlier this year, our VoiceAI business grew 50% in the first three quarters of 2026 year-over-year, reflecting strong, broad-based demand across the portfolio. During the quarter, VoiceAI Connect and Live Hub continued to achieve record bookings, supported by a growing pipeline, new customer wins, and significant expansion among existing customers. Revenue from Voca CIC, our Microsoft Teams-certified contact center solution, grew more than 40% year over year during the quarter. Meeting Insights and Mia Edge, our enterprise-grade meeting intelligence solutions for cloud and on-premises environments, also gained traction, with revenue growing more than 100% during this quarter compared with the same period a year earlier.”
Shabtai Adlersberg, President and Chief Executive Officer of AudioCodes
“Overall, we achieved our operational and financial targets for the third quarter period. The ongoing investments in Live services and VoiceAI have significantly contributed to our success and position us favorably for continued healthy top-line growth throughout the rest of 2026 and 2027,”
* Quarterly revenues increased by 4.2% year-over-year to $64.1 million; * Quarterly services revenues increased by 19.9% year-over-year to $37.1 million; * GAAP results: - Quarterly GAAP gross margin was 65.7%; - Quarterly GAAP operating margin was 5.3%; - Quarterly GAAP net income was $3.6 million, or $0.15 per diluted share; * Non-GAAP results: - Quarterly Non-GAAP gross margin was 65.8%; - Quarterly Non-GAAP operating margin was 7.4%; - Quarterly Non-GAAP net income was $4.0 million, or $0.16 per diluted share; * Net cash provided by operating activities was $4.1 million for the quarter; * AudioCodes repurchased 1,517,568 of its ordinary shares during the quarter at an aggregate cost of $15.1 million. Details
AudioCodes (NASDAQ: AUDC) (the "Company"), a global leader in enterprise voice and VoiceAI business solutions, today announced its financial results for the third quarter ended September 30, 2026.
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