RADCOM LTD
RDCM · Computer Peripheral Equipment, NEC · EDGAR filings ↗
Reference price $15.65 — last insider sale, 2026-06-01 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
B74Small telecom service-assurance SaaS, growing with strong margins and a cash-rich balance sheet.
Strengths
- Strong margins and growth — gross margin 76.0%, net margin 16.8% (88th), revenue +17.2%
- Cash-rich, debt-free — current ratio 5.75 (88th)
- Earnings growth — net income +72.1% (94th)
Risks
- Small scale — FCF $14.2M
- Customer/carrier concentration — per 10-K
- Telecom-capex dependence — per 10-K
Notable findings
- Customer concentration~100% of revenue from one customer/distributor — OPERATING RESULTS Results for the Year Ended December 31, 2025, compared to Year Ended December 31, 2024 The following table sets forth, for the periods indicated, certain financial data express
- Strong balance sheetStrong balance sheet — $110M cash & investments
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
76.0%
Operating margin
11.6%
Net margin
16.8%
Return on equity
10.5%
Return on assets
8.3%
Revenue growth (QoQ)
10.0%
Net-income growth
72.1%
Current ratio
5.8×
Free cash flow
$14M
EBITDA
$9M
Tangible book value
$112M
Cash & investments
$110M
Stock comp / revenue
8.6%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-01 | AMIT RAM | Sell | 3.0K | $15.65 |
| 2026-05-24 | Totah Sami | Grant | 5.9K | — |
| 2026-05-24 | Levit Guy | Grant | 16K | — |
| 2026-05-24 | Jacob Tomer | Grant | 16K | — |
| 2026-05-24 | Aaronson Liat | Grant | 16K | — |
| 2026-05-20 | AMIT RAM | Sell | 3.0K | $13.95 |
| 2026-03-19 | SCHWARTZ RAMI | Grant | 6.6K | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (2)
- AT&T
- Rakuten
Suppliers (0)
Named in the 10-K; linked when we track them.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-03-31 | 2025-12-31 | 0001213900-26-036862 ↗ |
| 20-F | 2025-03-26 | 2024-12-31 | 0001013762-25-002444 ↗ |
| 20-F | 2024-04-02 | 2023-12-31 | 0001213900-24-029061 ↗ |
| 20-F | 2023-03-30 | 2022-12-31 | 0001213900-23-024293 ↗ |
| 20-F | 2022-03-29 | 2021-12-31 | 0001213900-22-015832 ↗ |
| 20-F | 2021-03-25 | 2020-12-31 | 0001213900-21-017711 ↗ |
| 20-F | 2020-03-31 | 2019-12-31 | 0001213900-20-008123 ↗ |
| 20-F | 2019-04-18 | 2018-12-31 | 0001213900-19-006669 ↗ |
| 20-F | 2018-03-28 | 2017-12-31 | 0001213900-18-003555 ↗ |
| 20-F | 2017-03-30 | 2016-12-31 | 0001178913-17-000987 ↗ |
| 20-F | 2016-03-29 | 2015-12-31 | 0001178913-16-004908 ↗ |
| 20-F | 2015-03-26 | 2014-12-31 | 0001178913-15-001039 ↗ |