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EarningsQ2 2026 Earnings Report
AUDC Q2 2026 EPS Results
Actual EPS$0.15
Consensus EPS$0.14
Beat/MissBeat by +<$0.01
One Year Ago EPS$0.14
AUDC Q2 2026 Revenue Results
Actual Revenue$62.96M
Expected Revenue$62.40M
Beat/MissBeat by +$558.00K
YoY Revenue Growth+3.08%
Earnings Announcement Details
QuarterQ2 2026
Date08/04/2026
TimeBefore Open
Conference CallTuesday, August 4, 2026
AUDC Upcoming Earnings
Audiocodes's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
AUDC Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a largely positive operational narrative driven by strong, high-growth momentum in Voice AI, significant ARR gains (doubled over three years) and improvements in margins, backlog and Microsoft-related contract value. Management raised revenue guidance, reported healthy cash balances, executed buybacks and a dividend, and highlighted multiple product certifications and enterprise wins. Offsetting factors include modest overall revenue growth (3.1%), flat product revenues, a slight decline in non-GAAP net income, elevated DSO (107 days), and concentration risk tied to large customers and the Microsoft ecosystem. On balance, the positive momentum in recurring and AI-driven revenue streams, improved margins, and strengthened pipeline outweigh the operational and concentration cautions.Company Guidance
Top-line Growth and Services Mix
Q2 revenue of $63.0M, up 3.1% YoY (from $61.1M). Services revenue grew 6.2% YoY to $34.6M and accounted for 54.9% of total revenues (~55%), while product revenues were roughly flat.
Recurring Revenue Momentum (ARR)
Combined Live Managed Services and Voice AI exited Q2 with $84M ARR, up 20% YoY. ARR has doubled over the past three years, providing a larger recurring revenue base.
Voice AI Segment — Strong Growth
Voice AI revenue grew >50% YoY in Q2 and ~100% YoY in H1. Management reiterated target to grow Voice AI ~40–50% for full-year 2026 and is targeting $50M by end of 2028. Pipeline expansion and shortened sales cycles support continued momentum.
Microsoft Teams Business Expansion
Microsoft Teams phone revenue grew 5% YoY in Q2 and 5.6% in H1, with first-half trajectory toward ~$170M by year-end (roughly 66% of planned company revenue). New created opportunities in Microsoft grew 14% YoY and total contract value tied to Teams activity rose 73% YoY to >$20M in Q2.
Backlog and Pipeline Strength
Backlog nearly $90M, up 23% YoY (from $73M), indicating strong forward visibility and conversion potential into future revenue.
Profitability and Margins Improved
GAAP gross margin increased to 65.7% (from 64.1% a year ago). GAAP operating income rose to $3.2M (5.1% of revenue) vs. $2.6M (4.3%). Non-GAAP gross margin 65.8% vs. 64.5% prior-year; non-GAAP operating income $4.6M (7.4%) vs. $4.4M (7.2%).
Cash Generation, Liquidity and Shareholder Returns
Cash, cash equivalents and investments totaled $64.2M as of June 30, 2026. Net cash provided by operating activities was $6.1M in the quarter. Company received court approval to repurchase up to $25M of shares, repurchased 950,000 shares for ~$8.9M during the quarter, and declared a $0.20/share dividend (~$4.8M).
Product and Platform Wins & Certifications
Notable wins across verticals (education, logistics, healthcare, retail, finance). Voca CIC (Teams contact center/AI receptionist) received Microsoft certifications and was listed under Microsoft’s Teams Voice Agent program; company was named by Microsoft at InfoComm 2026 as a third-party voice agent partner.
Meeting Insights & MIA Edge Traction
Meeting Insights volume doubled YoY; monthly recurring revenue grew ~150% and active users rose ~50% YoY. MIA Edge has >25 active accounts with 10 in production (targeting regulated, on-prem/air-gap use cases).
Raised Revenue Guidance
Management raised 2026 revenue guidance to $251M–$256M (from prior $247M–$255M) while reiterating non-GAAP diluted EPS guidance of $0.60–$0.75.
AUDC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed