AudioCodes Ltd. Due Diligence
Run due diligence on AudioCodes Ltd.: check compliance and get alerts when suppliers change.
Israel · www.audiocodes.com · 15 vendors
AudioCodes Ltd. is an Israeli technology company that provides advanced communications software, products, and productivity solutions for enterprises and service providers. The company enables the building and operation of all-IP voice networks for unified communications, contact centers, and hosted business services. Their offerings include secure and reliable voice infrastructure, UCaaS and CCaaS integration, and next-generation AI-powered voice solutions.
Resilience scores
- Digital Sovereignty: 13
- Digital Resilience: 8
- Financial Resilience: 7
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Services catalogue
1 service in catalogue across 1 category; runs on 15 sub-vendors.
- Session Border Controllers
Insights
Last updated 2026-09-13 · revision 1
15 direct vendors, 181 subvendors
Direct vendors by controlling owner country (sample)
- United States: 12
- Israel: 2
- France: 1
Subvendors by controlling owner country (sample)
- United States: 136
- Poland: 1
- Czech Republic: 1
Compliance
9 in-scope frameworks identified; showing 3.
ISO 27001 (source) — No public evidence
Evidence: https://trust.audiocodes.com/overview, https://www.audiocodes.com/corporate/quality-safety-environment, https://www.audiocodes.com/applications/meeting-insights/meeting-intelligence-security
SOC 2 (source) — No public evidence
Evidence: https://trust.audiocodes.com/overview, https://www.audiocodes.com/platforms/audiocodes-live-platform, https://www.audiocodes.com/applications/voca-conversational-interaction-center, https://www.audiocodes.com/applications/meeting-insights, https://www.audiocodes.com/applications/interaction-insights-enterprise-compliance-call-recording
CPRA — Evidence found
Evidence: https://www.audiocodes.com/corporate/privacy-policy, https://www.audiocodes.com/corporate/offices-worldwide
Financials
Three-year financials
- 2025: revenue USD 246M, EBIT USD 14.0M, equity USD 171M
- 2024: revenue USD 242M, EBIT USD 17.2M, equity USD 192M
- 2023: revenue USD 244M, EBIT USD 14.4M, equity USD 188M
Financial Resilience Score: 7/10
AudioCodes demonstrates solid financial resilience underpinned by a strong balance sheet with no material debt disclosed, $75.7M in cash and investments, positive working capital ($180.3M current assets vs. $81.7M current liabilities), and $171.3M in shareholders' equity as of year-end 2025. The company generates consistent operating cash flow ($29.4M in 2025) and returns capital via a semi-annual dividend and active buyback program ($30.6M repurchased in 2025). Gross margins remain healthy at ~65%, typical of a hybrid software/hardware model. However, resilience is tempered by growth stagnation—revenue has plateaued around $240–245M for three consecutive years as legacy connectivity products decline. GAAP operating income fell 18.3% and net income dropped 41.5% in 2025 due to increased S&M investment. The strategic pivot to Voice AI and cloud managed services is showing traction (Live ARR +22% YoY to $79M; Conversational AI +35%), but near-term profitability is compressed. Additional risks include Israel country exposure (HQ, R&D, and manufacturing), Microsoft ecosystem dependency, FX exposure to ILS, and a $18.2M decline in liquid reserves during 2025.
Key strengths: Strong balance sheet with $75.7M in cash/investments and no material debt, Positive operating cash flow of $29.4M in 2025, Recurring Live ARR growing 22% YoY to $79M, Blue-chip customer base including 65 of Fortune 100, Healthy ~65% gross margins, Consistent capital returns via dividends and buybacks, Diverse global footprint across ~120 countries
Risk factors: Revenue growth stagnation (flat at ~$240-245M for 3 years), GAAP operating income declined 18.3% in 2025, Israel country risk (HQ, R&D, manufacturing exposure to regional conflict), Heavy dependence on Microsoft Teams ecosystem, FX exposure to ILS-denominated costs vs USD revenue, Declining cash reserves ($18.2M drawdown in 2025), Legacy on-prem VoIP hardware business in secular decline
Revenue by geography
- Americas: 50%
- EMEA: 33%
- Asia-Pacific: 17%
Revenue by product/service
- Services: 53%
- Products: 47%
Workforce by country
- Total: 981
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