Audiocodes Ltd's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Audiocodes Ltd (AUDC) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Audiocodes Ltd vs Its Competitors
- TTM: Trailing 12-month revenue of 246M vs 1,714,734M combined for tracked competitors (0.0% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+294.4% annualized vs trailing 12 months), vs holding steady (-1.1%) for its tracked peer group.
- Growth: Audiocodes Ltd generated -0.9% revenue growth year over year in Q4 2024, vs 16.0% for its tracked competitors combined.
- Profitability: Its 6.3% net margin compares with 16.0% for the peer group.
- Scale: Audiocodes Ltd ranks #25 of 59 companies by market capitalization in the Consumer Electronics industry, holding 0.1% of industry market cap.
- Peer revenue share: Audiocodes Ltd accounted for 0.1% of combined revenue among its tracked peer group, down from 0.1% a year earlier.
- Peer differentiation: Revenue per employee of $0.74M compares with $0.40M for the peer group (1.9x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
AUDC Sales vs. its Competitors, Q4 2024
Audiocodes Ltd reported revenue contraction of 0.90 % year on year in Q4 2024, below its competitors' combined revenue growth of 15.98 %.
With a net margin of 6.32 %, Audiocodes Ltd reported lower profitability than its competitors (16.00 %).
Audiocodes Ltd generated 0.06 % of the combined sales of its peer group, down from 0.07 % a year earlier.
Audiocodes Ltd vs. its Competitors, Q4 2024
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Audiocodes Ltd reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Audiocodes Ltd and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Audiocodes ltd | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (8) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (9) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (7) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Audiocodes Ltd's competitor groups requires a Commercial License.
For context: the Consumer Electronics industry grew revenue -0.7% year over year, combined, vs -0.9% for Audiocodes Ltd. Audiocodes Ltd's share of combined industry revenue moved from 0.11% to 0.11%, a gain of 0.00 percentage points.
Audiocodes Ltd's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Audiocodes ltd | Yes | Yes | Yes | No |
| Competitors combined (87) | ||||
| High-Confidence Competitors (10) | ||||
| Similar-Size Competitors (10) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 62.50 % (5 of 8) | 62.50 % (5 of 8) | 12.50 % (1 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
AUDC Stock Performance relative to its Competitors
AUDC Stock Performance relative to High-Confidence Competitors
AUDC Stock Performance relative to Similar-Size Competitors
AUDC Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Maxlinear Inc | 282.9% | Outperformed |
| 2 | Ieh Corp | 282.9% | Outperformed |
| 3 | Fastly Inc | 282.9% | Outperformed |
| 4 | Okta Inc | 282.9% | Outperformed |
| 5 | Ciena Corp | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Audiocodes Ltd's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Audiocodes Ltd's Comment on Competition and Industry Peers
Publicly Traded Peers of Audiocodes ltd
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Audiocodes ltd | 324.62 | 245.60 |
| Microsoft Corporation | 3,943,009.65 | 331,839.00 |
| Amazon com Inc | 2,725,750.00 | 776,231.00 |
| Broadcom Inc | 1,606,601.25 | 89,104.00 |
| Palantir Technologies Inc | 477,854.14 | 6,156.87 |
| Cisco Systems Inc | 428,163.93 | 63,325.00 |
| SUBTOTAL | 10,780,188.01 | 1,747,247.95 |
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Sources: Audiocodes ltd's official press releases and company reports; CSIMarket.com's market research; and the company reports and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Audiocodes ltd versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Audiocodes Ltd's Competitors Named by the Company
Competitive relationships identified from Audiocodes Ltd reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Ribbon Communications | Company report | 85% |
| One-Access | Company report | 85% |
| Sangoma | Company report | 85% |
| Adtran | Company report | 85% |
| Cisco | Company report | 85% |
| Grandstream | Company report | 85% |
| Oracle | Company report | 85% |
| Juniper | Company report | 85% |
| NewRock | Company report | 85% |
| Metaswitch | Company report | 85% |
| TE-Systems | Company report | 85% |
| Ingate | Company report | 85% |
| Dialogic | Company report | 85% |
| Microsoft | Company report | 85% |
| Patton | Company report | 85% |
| Alianza | Company report | 85% |
| Ferrari | Company report | 85% |
| Dubber | Company report | 85% |
| Huawei | Company report | 85% |
| Red Box | Company report | 85% |
| Verint | Company report | 85% |
| Alcatel-Lucent | Company report | 85% |
| Ekinops | Company report | 85% |
| NICE | Company report | 85% |
| ACS | Company report | 85% |
| HP/3COM | Company report | 85% |
| Teleware | Company report | 85% |
| A10 Networks Inc | Company report | 85% |
| Avaya Holdings Corp | Company report | 85% |
| Nokia Corporation | Company report | 85% |
| Amdocs Limited | Company report | 85% |
| Dzs Inc | Company report | 85% |
| Calix Inc | Company report | 85% |
Company report basis, confidence, active dates and source counts for Audiocodes Ltd's named competitors require a Commercial License.
Methodology: relationships are extracted from Audiocodes Ltd reports (named-competitor disclosures) and corroborating sources. Confidence reflects evidence strength.
Audiocodes Ltd's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Audiocodes ltd | One operating and reportable segment 100.00 % |
| Microsoft Corporation | Productivity and Business Processes 42.19 % |
| Amazon com Inc | North America 57.75 % |
| Broadcom Inc | Semiconductor Solutions 64.81 % |
| Palantir Technologies Inc | Government Operating 51.15 % |
| Cisco Systems Inc | Americas 60.41 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Audiocodes Ltd's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Audiocodes ltd | 325 | 742,006 | 27,054 |
| Microsoft Corporation | 3,943,010 | 1,488,067 | 599,771 |
| Amazon com Inc | 2,725,750 | 492,532 | 85,838 |
| Broadcom Inc | 1,606,601 | 2,700,121 | 1,159,545 |
| Palantir Technologies Inc | 477,854 | 1,390,126 | 684,290 |
| Cisco Systems Inc | 428,164 | 768,507 | 161,007 |
| PEERS TOTAL | 10,779,863 | 395,199 | 87,359 |
Audiocodes Ltd's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Audiocodes ltd | Americas 52.11 % |
| Microsoft Corporation | US 51.47 % |
| Broadcom Inc | Asia Pacific 60.15 % |
| Oracle Corporation | Americas 63.46 % |
| International Business Machines Corporation | Americas 49.04 % |
| Salesforce Inc | Americas 64.97 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Audiocodes Ltd's Position in Industry Market Structure
Market-capitalization share and concentration across all 54 companies in Audiocodes Ltd's industry classification, broader than the peer set above. Market cap in millions of $.Audiocodes Ltd ranks #25 of 54 companies by market capitalization in its industry, holding 0.05 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 1,758, indicating a moderately concentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Qualcomm Inc | 183,986 | 28.93 % |
| 2 | Sony Group Corporation | 151,148 | 23.77 % |
| 3 | Motorola Solutions inc | 77,439 | 12.18 % |
| 4 | Nokia Corporation | 56,331 | 8.86 % |
| 5 | Ciena Corp | 1,234 | 5.2% |
| 6 | Ubiquiti Inc | 1,234 | 5.2% |
| 7 | Ericsson Lm Telephone Co | 1,234 | 5.2% |
| 8 | Fabrinet | 1,234 | 5.2% |
| 9 | Viasat Inc | 1,234 | 5.2% |
| 10 | Planet Labs Pbc | 1,234 | 5.2% |
| 25 | Audiocodes ltd | 343 | 0.05 % |
Market cap and industry share for the rest of Audiocodes Ltd's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-10-16.
Audiocodes Ltd's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 20 | Netgear Inc | 596 | -35.88 % |
| 21 | Satellogic Inc | 560 | 0.24 % |
| 22 | Adtran Holdings Inc | 511 | -30.27 % |
| 23 | Gilat Satellite Networks Ltd | 473 | -43.51 % |
| 24 | Clearfield Inc | 1,234 | 12.3% |
| 25 | Audiocodes ltd | 343 | 20.61 % |
| 26 | Premium Catering holdings Limited | 1,234 | 12.3% |
| 27 | Bk Technologies Corp | 1,234 | 12.3% |
| 28 | Aviat Networks Inc | 1,234 | 12.3% |
| 29 | Ceragon Networks Ltd | 1,234 | 12.3% |
| 30 | Gopro Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Audiocodes Ltd's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-10-16. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Audiocodes Ltd's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Consumer Electronics industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (79 companies). See the full Consumer Electronics industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 65.00 % | 34.61 % (avg) | +30.4 pp |
| Operating Margin | 5.72 % | industry median | +6.1 pp |
| EBITDA Margin | 5.53 % | -0.40 % (avg) | +5.9 pp |
| Capital Intensity (Capex / Revenue) | 2.64 % | 6.41 % (avg) | -3.8 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Audiocodes Ltd's Valuation vs Competitive Position
Valuation multiples vs the Consumer Electronics industry average (79 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Consumer Electronics industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 29.4x | 41.5x | -12.1x |
| EV / EBITDA | - | 16.4x | - |
| P/B | - | 5.2x | - |
| Return on Equity | 5.23 % | industry aggregate | -9.57 % |
| Return on Invested Capital | 3.54 % | 2.03 % (avg) | 1.51 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Audiocodes Ltd's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue Growth | -11.16 % | -0.90 % | 1.42 % |
| Operating Margin | 5.90 % | 7.10 % | 5.72 % |
| Return on Invested Capital | 3.23 % | 3.78 % | 3.54 % |
| P/E | 36.6x | 18.4x | 29.4x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Audiocodes Ltd's Strategic Group Map
Every company in Audiocodes Ltd's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Audiocodes Ltd is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Audiocodes Ltd's BCG Growth-Share Matrix
Relative market share (vs Audiocodes Ltd's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Audiocodes Ltd falls in the Dog quadrant: relative market share of 0.00x vs its largest competitor, in an industry growing revenue -0.1% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Audiocodes Ltd's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Moderate | Industry HHI of 1,758 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 2.64 % vs industry average 6.41 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Audiocodes Ltd's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Audiocodes Ltd's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Audiocodes Ltd's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Audiocodes Ltd falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Audiocodes Ltd's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Operating margin 6.1 points above the industry median.
- Latest-quarter revenue run-rate is accelerating (+294.4% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Return on equity 9.6 points below the industry aggregate.
- Low relative market share vs the industry leader (0.00x).
Opportunities
- Trades at a lower P/E than the industry average (29.4x vs 41.5x) despite a higher return on invested capital -- a possible re-rating opportunity.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Audiocodes Ltd's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Audiocodes ltd | 0.56 | 2.22 | - |
| Microsoft Corporation | 0.13 | 1.31 | 0.11 |
| Amazon com Inc | 0.38 | 1.07 | 0.21 |
| Broadcom Inc | 0.99 | 2.05 | 0.75 |
| Palantir Technologies Inc | 1.40 | 6.94 | - |
| Cisco Systems Inc | 0.25 | 0.94 | 0.63 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Audiocodes Ltd's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Audiocodes ltd | Q4 2024 | +1.4 % | -41.5 % |
| Microsoft Corporation | Q2 2026 | +17.7 % | +31.3 % |
| Amazon com Inc | Q2 2026 | +19.9 % | +244.9 % |
| Broadcom Inc | Q2 2026 | +85.5 % | +216.1 % |
| Palantir Technologies Inc | Q2 2026 | +93.0 % | +224.4 % |
| Cisco Systems Inc | Q2 2026 | +17.6 % | +51.3 % |
| PEERS TOTAL | +17.8 % | +97.0 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Audiocodes Ltd's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Audiocodes ltd | Q4 2024 | +2.3 % | -73.3 % |
| Microsoft Corporation | Q2 2026 | +22.9 % | +109.6 % |
| Amazon com Inc | Q2 2026 | +18.5 % | +300.3 % |
| Broadcom Inc | Q2 2026 | +74.0 % | +274.6 % |
| Palantir Technologies Inc | Q2 2026 | +54.6 % | +90.6 % |
| Cisco Systems Inc | Q2 2026 | +14.8 % | +79.7 % |
Audiocodes Ltd's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Audiocodes ltd | 2.77% | 3.97% | 5.23% |
| Microsoft Corporation | 19.76% | 22.48% | 34.22% |
| Amazon com Inc | 15.21% | 23.40% | 30.50% |
| Broadcom Inc | 21.57% | 24.07% | 43.74% |
| Palantir Technologies Inc | 31.17% | 34.61% | 37.17% |
| Cisco Systems Inc | 10.64% | 11.94% | 27.52% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Audiocodes Ltd's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Audiocodes ltd | 36.13 | 1.32 |
| Microsoft Corporation | 29.47 | 11.88 |
| Amazon com Inc | 20.10 | 3.51 |
| Broadcom Inc | 41.88 | 18.03 |
| Palantir Technologies Inc | 159.00 | 77.61 |
| Cisco Systems Inc | 32.15 | 6.76 |
| PEERS AVERAGE | 27.91 | 6.17 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.