CMBMF · Cambium Networks Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $44.56M | - | $42.99M | $39.39M | $33.74M | - | $43.73M | $45.95M | $42.34M | - |
| Cost of Revenue | $21.91M | - | $26.56M | $23.33M | $19.13M | - | $26.28M | $31.54M | $33.65M | - |
| Gross Profit | $22.65M | - | $16.43M | $16.06M | $14.61M | - | $17.45M | $14.41M | $8.69M | - |
| R&D | $7.91M | - | $7.67M | $7.41M | $9.36M | - | $9.28M | $9.15M | $10.80M | - |
| SG&A | $8.00M | - | $7.09M | $6.44M | $6.30M | - | $6.15M | $5.99M | $7.51M | - |
| Total Operating Expenses | $23.82M | - | $22.27M | $22.63M | $24.21M | - | $25.50M | $26.51M | $29.66M | - |
| D&A | $345.0K | - | $432.0K | $454.0K | $137.0K | - | $1.68M | $1.67M | $1.63M | - |
| Operating Income | ($1.17M) | - | ($5.84M) | ($6.57M) | ($9.60M) | - | ($8.06M) | ($12.10M) | ($20.98M) | - |
| Interest Expense | $2.05M | - | $2.41M | $2.34M | $1.97M | - | $1.40M | $1.30M | $881.0K | - |
| Income Tax | $408.0K | - | $341.0K | $258.0K | $378.0K | - | $206.0K | ($4.27M) | $4.53M | - |
| Net Income | ($3.40M) | - | ($8.53M) | ($9.13M) | ($12.02M) | - | ($9.68M) | ($9.14M) | ($26.45M) | - |
| EPS - Basic | ($0.12) | - | ($0.30) | ($0.32) | ($0.42) | - | ($0.34) | ($0.33) | ($0.95) | - |
| EPS - Diluted | ($0.12) | - | ($0.30) | ($0.32) | ($0.42) | - | ($0.34) | ($0.33) | ($0.95) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.86M | $11.33M | $9.73M | $15.79M | $27.81M | $34.92M | $46.49M | $42.57M | $38.71M | $18.71M |
| Accounts Receivable | $49.60M | $40.27M | $42.72M | $36.80M | $35.62M | $40.41M | $57.27M | $56.68M | $58.16M | $64.10M |
| Inventory | $25.87M | $27.52M | $30.90M | $33.91M | $37.54M | $41.99M | $42.98M | $49.97M | $55.59M | $66.88M |
| Accounts Payable | $20.75M | $17.85M | $14.81M | $11.69M | $13.00M | $16.49M | $19.62M | $16.99M | $15.78M | $19.12M |
| Current Assets | $94.19M | $90.71M | $97.51M | $103.05M | $120.22M | $136.54M | $171.18M | $172.17M | $171.85M | $162.57M |
| Total Assets | $138.44M | $137.14M | $147.32M | $148.72M | $159.29M | $173.73M | $222.61M | $225.09M | $223.56M | $217.88M |
| Current Liabilities | $141.91M | $137.35M | $137.68M | $131.65M | $133.55M | $135.91M | $156.06M | $89.29M | $87.28M | $96.33M |
| Long-term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $65.69M | $61.31M | $21.93M |
| Total Liabilities | $177.06M | $173.09M | $175.62M | $169.50M | $172.40M | $176.97M | $178.98M | $174.13M | $166.77M | $136.94M |
| Stockholders' Equity | ($38.61M) | ($35.95M) | ($28.30M) | ($20.78M) | ($13.12M) | ($3.24M) | $43.63M | $50.96M | $56.79M | $80.93M |
| Retained Earnings | ($200.80M) | ($197.39M) | ($188.53M) | ($180.00M) | ($170.87M) | ($158.85M) | ($109.86M) | ($100.19M) | ($91.05M) | ($64.60M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($4.38M) | - | - | - | ($4.82M) | - | - | - | ($15.65M) | - |
| Investing Cash Flow | ($772.0K) | - | - | - | ($1.65M) | - | - | - | ($3.02M) | - |
| Financing Cash Flow | ($13.0K) | - | - | - | ($664.0K) | - | - | - | $38.67M | - |
| CapEx | $69.0K | - | - | - | $217.0K | - | - | - | $1.77M | - |
| Free Cash Flow | ($4.45M) | - | - | - | ($5.04M) | - | - | - | ($17.41M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 50.8% | - | 38.2% | 40.8% | 43.3% | - | 39.9% | 31.4% | 20.5% | - |
| Operating margin | -2.6% | - | -13.6% | -16.7% | -28.5% | - | -18.4% | -26.3% | -49.6% | - |
| EBITDA margin | -1.9% | - | -12.6% | -15.5% | -28.1% | - | -14.6% | -22.7% | -45.7% | - |
| Net margin | -7.6% | - | -19.8% | -23.2% | -35.6% | - | -22.1% | -19.9% | -62.5% | - |
| Free cash flow margin | -10.0% | - | - | - | -14.9% | - | - | - | -41.1% | - |
| FCF / Net income | 1.31 | - | - | - | 0.42 | - | - | - | 0.66 | - |
| R&D / Revenue | 17.7% | - | 17.8% | 18.8% | 27.7% | - | 21.2% | 19.9% | 25.5% | - |
| SG&A / Revenue | 17.9% | - | 16.5% | 16.3% | 18.7% | - | 14.1% | 13.0% | 17.7% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -2.5% | - | -5.8% | -6.1% | -7.5% | - | -4.3% | -4.1% | -11.8% | - |
| Return on equity | 8.8% | - | 30.1% | 43.9% | 91.6% | - | -22.2% | -17.9% | -46.6% | - |
| Return on invested capital | - | - | - | - | - | - | -14.6% | -8.2% | -14.0% | - |
| Liquidity | ||||||||||
| Current ratio | 0.66 | 0.66 | 0.71 | 0.78 | 0.90 | 1.00 | 1.10 | 1.93 | 1.97 | 1.69 |
| Quick ratio | 0.48 | 0.46 | 0.48 | 0.53 | 0.62 | 0.70 | 0.82 | 1.37 | 1.33 | 0.99 |
| Cash ratio | 0.04 | 0.08 | 0.07 | 0.12 | 0.21 | 0.26 | 0.30 | 0.48 | 0.44 | 0.19 |
| Leverage | ||||||||||
| Debt / Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.29 | 1.08 | 0.27 |
| Debt / Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.29 | 0.27 | 0.10 |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -0.6x | - | -2.4x | -2.8x | -4.9x | - | -5.7x | -9.3x | -23.8x | - |
| Equity multiplier | -3.59 | -3.81 | -5.21 | -7.16 | -12.14 | -53.67 | 5.10 | 4.42 | 3.94 | 2.69 |
| Liabilities / Assets | 1.28 | 1.26 | 1.19 | 1.14 | 1.08 | 1.02 | 0.80 | 0.77 | 0.75 | 0.63 |
| Efficiency | ||||||||||
| Asset turnover | 0.32 | - | 0.29 | 0.26 | 0.21 | - | 0.20 | 0.20 | 0.19 | - |
| Inventory turnover | 0.85 | - | 0.86 | 0.69 | 0.51 | - | 0.61 | 0.63 | 0.61 | - |
| Days sales outstanding | 406d | - | 363d | 341d | 385d | - | 478d | 450d | 501d | - |
| Days inventory outstanding | 431d | - | 425d | 530d | 716d | - | 597d | 578d | 603d | - |
| Days payable outstanding | 346d | - | 204d | 183d | 248d | - | 272d | 197d | 171d | - |
| Cash conversion cycle | 492d | - | 584d | 689d | 854d | - | 803d | 832d | 933d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | 1.2x | 1.5x | 2.1x | - |
| P / S | 0.1x | - | 0.6x | 0.3x | 0.6x | - | 1.2x | 1.7x | 2.8x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 32.1% | - | -1.7% | -14.3% | -20.3% | - | 1.6% | -22.8% | -45.3% | - |
| Revenue CAGR (3y) | -16.8% | - | -19.1% | -17.2% | -18.3% | - | -16.8% | -20.9% | -21.8% | - |
| Revenue CAGR (5y) | -12.8% | - | -10.0% | -8.7% | -11.0% | - | -5.8% | -5.5% | - | - |
| Gross profit growth (YoY) | 55.0% | - | -5.8% | 11.5% | 68.2% | - | 59.2% | -50.7% | -78.1% | - |
| Operating income growth (YoY) | 87.8% | - | 27.6% | 45.8% | 54.2% | - | 63.5% | -347.7% | - | - |
| Net income growth (YoY) | 71.7% | - | 11.8% | 0.2% | 54.6% | - | 63.1% | -246.1% | - | - |
| EPS growth (YoY) | 71.4% | - | 11.8% | 3.0% | 55.8% | - | 64.2% | -230.0% | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 11.8% | - | - | - | 71.1% | - | - | - | -131.3% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -194.4% | -1010.5% | - | - | - | - | -66.5% | -66.9% | -62.8% | -44.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$319.29M totalProduct$141.28M · 44.2%
Point To Multi Point$59.66M · 18.7%
Enterprise$53.17M · 16.7%
Point To Point$43.11M · 13.5%
Subscriptions And Services$18.37M · 5.8%
Product And Service Other$3.71M · 1.2%
Geographic
$235.25M totalNorth America$76.04M · 32.3%
US$75.60M · 32.1%
EMEA$50.20M · 21.3%
Asia Pacific$18.35M · 7.8%
Caribbean And Latin America$15.06M · 6.4%
Peer comparison
Same SIC group: Radio & Tv Broadcasting & Communications Equipment
Comparing Cambium Networks Corp against the 5 most active filers in the same SIC group.