StockWatch
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Computer peripheral equipment
Quarterly ResultMay 19, 2026, 07:31 AM

RADCOM Q1 Revenue Up 12% Y-o-Y to $18.6M; Operating Margins Expand

AI Summary

RADCOM reported strong first-quarter 2026 financial results, with revenue increasing 12% year-over-year to $18.6 million and expanding operating margins. The company also secured a multi-year renewal with a Tier-1 operator and launched RADCOM Neura, an AI agent suite. Additionally, five directors, including the outgoing Chairman, stepped down from the Board, with new directors to be voted on at an upcoming extraordinary general meeting. The company reaffirmed its full-year 2026 revenue guidance of 8% to 12% growth.

Key Highlights

  • Total revenues for Q1 2026 were $18.6 million, up 12.0% year-over-year from $16.6 million in Q1 2025.
  • GAAP operating income for Q1 2026 was $2.2 million (11.7% of revenue), compared to $1.5 million (8.8% of revenue) in Q1 2025.
  • Non-GAAP operating income for Q1 2026 was $3.7 million (20.1% of revenue), up from $3.1 million (19.0% of revenue) in Q1 2025.
  • GAAP net income for Q1 2026 was $3.1 million, or $0.18 per diluted share, versus $2.4 million, or $0.15 per diluted share, in Q1 2025.
  • Non-GAAP net income for Q1 2026 was $4.7 million, or $0.28 per diluted share, compared to $4.1 million, or $0.25 per diluted share, in Q1 2025.
  • Cash, cash equivalents, and short-term bank deposits totaled $108.4 million as of March 31, 2026, with no debt.
  • Signed a multi-year renewal with a Tier-1 operator, expanding RADCOM ACE footprint.
  • Five directors, including the Chairman, stepped down from the Board, effective May 18-19, 2026.
  • Reaffirmed full-year 2026 revenue guidance of 8% to 12% year-over-year growth, implying $78.6 million at midpoint.