AudioCodes Posts Modest 2025 Revenue Growth, Boosts VoiceAI Momentum and Declares $0.20 Dividend

Audiocodes ( (AUDC) ) just unveiled an update.

On February 3, 2026, AudioCodes reported its financial results for the fourth quarter and full year ended December 31, 2025, showing modest top-line growth but weaker profitability, and announced a semi-annual cash dividend of $0.20 per share alongside continued share repurchases and a board-level change. Quarterly revenue rose 1.7% year-on-year to $62.6 million and full-year revenue increased 1.4% to $245.6 million, while full-year GAAP net income fell to $9.0 million and non-GAAP net income to $18.1 million amid lower margins; nevertheless, the company highlighted strong momentum in its higher-growth businesses, with Annual Recurring Revenue reaching $79 million, up 22% year-on-year, driven by robust expansion in its Live managed services and conversational AI lines, which together underpin AudioCodes’ strategic shift toward Voice AI-focused hybrid cloud services. During the fourth quarter the company generated $4.1 million in operating cash flow and $29.4 million for the year, used $6.1 million to repurchase 667,193 shares under an Israeli court-approved $25 million capital return framework that still had $20.6 million available at year-end for buybacks and/or dividends, and declared a roughly $5.4 million dividend payable in March 2026, signaling ongoing commitment to shareholder returns even as cash and investments declined to $75.7 million from $93.9 million due to these distributions; additionally, director Shai Levy resigned effective February 3, 2026, following his relocation to the United States for employment elsewhere, marking a governance change that investors will monitor as the company pursues its VoiceAI growth strategy.

The most recent analyst rating on (AUDC) stock is a Buy with a $10.50 price target. To see the full list of analyst forecasts on Audiocodes stock, see the AUDC Stock Forecast page.

Spark’s Take on AUDC Stock

According to Spark, TipRanks’ AI Analyst, AUDC is a Neutral.

Audiocodes’ overall stock score reflects a balanced view of its financial performance, technical analysis, valuation, and earnings call insights. The company’s strong gross margins and strategic focus on AI provide growth potential, but declining profitability and mixed technical signals warrant caution. The valuation is fair, offering a reasonable return to investors. The earnings call suggests optimism, but challenges remain, particularly in managing costs and sustaining revenue growth.

To see Spark’s full report on AUDC stock, click here.

More about Audiocodes

AudioCodes Ltd., based in Or Yehuda, Israel, is a global provider of enterprise voice and VoiceAI business solutions, with a growing focus on hybrid cloud software and services. Its portfolio includes managed services for unified communications as a service (UCaaS) and customer experience (CX), connectivity products, and conversational AI applications such as Voice AI Connect, Live Hub, Voca CIC for Microsoft Teams, and meeting insights solutions, targeting enterprise customers and cloud-centric communications markets worldwide.

Average Trading Volume: 112,889

Technical Sentiment Signal: Sell

Current Market Cap: $229.4M

See more insights into AUDC stock on TipRanks’ Stock Analysis page.