Revenue increased by 19.4% sequentially, restored quarterly non-GAAP operating profitability, and maintained positive cash flow.

Tel Aviv, Israel, November 11, 2026 / PRNewswire / -- RADCOM Ltd. (Nasdaq ticker: RDCM) Today, the company announced its financial results for the third quarter ending September 30, 2026.

Third-quarter revenue amounted to $14 million, representing a 19.4% increase from the previous quarter and a 23.6% decrease compared to the same period last year. Despite RADCOM incurring GAAP operating losses, the company managed to restore non-GAAP operating profitability. RADCOM also achieved a positive cash flow of $1.7 million this quarter, with cash, cash equivalents, and short-term bank deposits totaling $111.4 million at the end of the period, and there was no debt, which is higher than the $109.7 million as of June 30, 2026.

"This quarter, we resumed non-GAAP operating profits and acquired two new customers, VNPT and CETIN Networks. Both companies replaced their existing suppliers through a competitive process," said RADCOM CEO Benny Eppstein. "Our solutions remain at the core of customer management networks and end-user service quality, and our customer relationships are still strong. Operators continue to invest in their networks, and we are working closely with them to advance deployment plans. Based on these discussions, we see that some deployments that were delayed in 2026 are expected to begin in early 2027."

"We reaffirm our revised full-year outlook," Eppstein continued. "With $111.4 million in cash and zero debt, we are investing in RADCOM ACE and our agency-based AI roadmap to drive growth. Once the current quiet period related to our financial reporting ends, we expect to begin repurchasing shares based on management's judgment. Looking ahead, we remain open to seeking partnerships and targeted acquisitions that can expand our solution portfolio, enhance customer value, and bring higher returns to stakeholders. Overall, these initiatives reflect our confidence in the business and our commitment to creating long-term value for shareholders."

Financial Highlights of the Third Quarter of 2026:

• In the third quarter of 2026, total revenue amounted to 14 million US dollars, representing a 19.4% increase from 11.8 million US dollars in the second quarter of 2026, and a 23.6% decrease compared to 18.4 million US dollars in the third quarter of 2025.
• In the third quarter of 2026, GAAP incurred an operating loss of $900,000, which accounted for 6.4% of its revenue; whereas in the third quarter of 2025, GAAP had an operating income of $2.4 million, accounting for 13.1% of its revenue.
• In the third quarter of 2026, non-GAAP operating revenue was $700,000, accounting for 4.9% of total revenue; whereas in the third quarter of 2025, non-GAAP operating revenue was $3.8 million, accounting for 20.9% of total revenue.
• In the third quarter of 2026, GAAP reported a net profit of $400,000, resulting in an earnings per share of $0.03 after dilution; whereas in the third quarter of 2025, GAAP had a net profit of $3.5 million, with earnings per share of $0.21 after dilution.
• In the third quarter of 2026, the non-GAAP net profit was $1.9 million, resulting in an earnings per share of $0.11 after dilution; whereas in the third quarter of 2025, the non-GAAP net profit was $4.9 million, with an earnings per share of $0.29 after dilution.
• In the third quarter of 2026, the operating cash flow was a positive $1.7 million. As of September 30, 2026, the company held $111.4 million in cash, cash equivalents, and short-term bank deposits, with no debt; as of June 30, 2026, this figure was $109.7 million.

Financial Highlights for the First Nine Months of 2026:

• In the first nine months of 2026, the total revenue was 44.4 million US dollars, which is lower than the 52.6 million US dollars in the first nine months of 2025, representing a year-on-year decrease of 15.7%.
• In the first nine months of 2026, GAAP incurred an operating loss of $2.5 million, which accounted for 5.6% of its revenue; whereas in the first nine months of 2025, GAAP had an operating income of $5.6 million, accounting for 10.7% of its revenue.
• In the first nine months of 2026, the operating income from non-GAAP sources amounted to 2.3 million US dollars, accounting for 5.1% of the total revenue; whereas in the first nine months of 2025, the operating income from non-GAAP sources was 10.4 million US dollars, accounting for 19.8% of the total revenue.
• In the first nine months of 2026, GAAP reported a net profit of $400,000, resulting in an earnings per share of $0.02 after dilution; whereas in the first nine months of 2025, GAAP achieved a net profit of $8.3 million, with an earnings per share of $0.50 after dilution.
• In the first nine months of 2026, the non-GAAP net profit was 5.1 million US dollars, resulting in an earnings per share of 0.30 US dollars after dilution; whereas in the first nine months of 2025, the non-GAAP net profit was 13.2 million US dollars, with an earnings per share of 0.79 US dollars after dilution.

Recent Progress:

• In the third quarter, one of Vietnam's largest telecommunications operators, VNPT (which has over 30 million users), chose RADCOM to provide native and cloud-native service assurance for its roaming network. Following a competitive bidding process, RADCOM will replace VNPT as the current service provider and deploy a cloud-native RADCOM ACE platform across multiple cloud environments. This platform utilizes anomaly detection based on AI and machine learning (ML) to identify issues before they affect customer experience.
• In the third quarter, RADCOM signed a multi-year contract with a new Slovakian customer, CETIN Networks, to deploy end-to-end maintenance services driven by AI for their mobile network, covering from the wireless access network (RAN) to the core network, replacing the existing maintenance provider. CETIN Networks is affiliated with CETIN International as well as the broader e& PPF Telecom Group. These services collectively serve over 12 million customers in four countries.
• In September 2026, the board of directors of RADCOM authorized the implementation of a common stock repurchase plan with a maximum amount of $20 million, expected to last for up to 18 months. No shares were repurchased in the third quarter. The company plans to commence the repurchase process after the end of the current quiet period related to its financial reporting, based on management's judgment.

Outlook

RADCOM reiterates its revenue forecast for 2026 to be between 57 million and 63 million US dollars, with a median of 60 million US dollars. This guidance was announced on July 30, 2026.

Teleconference and online live broadcast

RADCOM Management will hold an interactive teleconference on Wednesday, November 11, 2026, at 8:00 a.m. Eastern Time (3:00 p.m. Israel Time) to discuss performance and answer questions.

Call details:

• Date/Time: Wednesday, November 11, 2026, 8:00 AM Eastern Time (US)/3:00 PM Israel Time
• US toll-free phone: 1-866-652-8972
• US toll-free phone (alternate): 1-800-994-4498
• Local access: 03-9180609
• Live streaming (real-time and replay): https :// www.veidan-conferencing.com / radcom

The archived replay of the teleconference will be published on the RADCOM website after the live broadcast ends.

About RADCOM

RADCOM (Nasdaq ticker: RDCM) is a leading provider of advanced intelligent security solutions, integrating AI operational ( AIOps ) capabilities. Its flagship platform RADCOM ACE utilizes AI for driven analysis and generative AI ( GenAI ) to enhance the customer experience. From laboratory testing to full deployment, RADCOM employs cutting-edge network technologies to capture and analyze real-time data. Its advanced 5G product portfolio offers end-to-end network visibility, covering everything from wireless access networks ( RAN ) to core networks.

The solution designed with RADCOM is open, vendor-independent, and not limited by cloud environments, enabling the advancement of next-generation network automation, optimization, and efficiency improvements. By leveraging the intelligence driven by AI, RADCOM reduces operational costs, provides predictive customer insights, and can be seamlessly integrated with business support systems ( BSS ), operational support systems ( OSS ), and service management platforms. RADCOM offers a comprehensive real-time view for both mobile and fixed networks, helping telecom operators to ensure exceptional service quality, enhance user experience, and build a customer-centric network.

Investor inquiries:

Investor Relations: Rob Fink or Joey Delahoussaye, FNK IR, [ email protected ], 646-809-4048 / 312-809-1087

Company contact: Hod Cohen, Chief Financial Officer, +972-3-645-5055, [ email protected ]

Non-GAAP information

This press release contains several non-GAAP financial indicators. The company provides these non-GAAP indicators with the aim of helping readers to understand the company's financial performance more comprehensively. By excluding non-cash equity incentives recognized under ASC Topic 718, financial income (expenses), and amortization of intangible assets related to acquisitions, the company's non-GAAP performance provides management and investors with information that helps to assess core operating performance and allows for a consistent comparison of operating results across different periods. Management also uses these non-GAAP indicators to evaluate financial results and to plan and forecast for future periods. The aforementioned supplementary information is not intended to replace the corresponding financial indicators prepared in accordance with GAAP.

Forward-looking Statements Risk Warning

Statements using words such as “estimated,” “expected,” “intended,” “anticipated,” “believed,” “possible,” “perhaps,” “potential,” “expected,” “planned,” etc., in this press release are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. For example, when the company discusses its revenue outlook for the entire year of 2026, customer deployment timelines, operators’ continued investment in networks, the stability of customer relationships and the creation of long-term value for shareholders, investments in the roadmaps for RADCOM ACE and proxy AI, potential partnerships and targeted acquisitions, as well as the initiation, timing, amount, and duration of stock repurchases under the repurchase plan, these are all forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties that may result in significant differences between the company’s actual results, performance, or achievements and those expressed or implied in these statements. These include, but are not limited to, changes in the overall economic and business conditions, particularly a decline in demand for the company’s products, delays or cancellations of customer deployments, dependence on a few customers, the inability to develop and launch new technologies, products, and applications (including those based on AI in a timely manner, competition leading to a loss of market share and price pressure, market conditions that affect whether and when the company repurchases stocks, stock prices, and other factors, as well as the impact of conflicts in Israel. For more information regarding these and other risks and uncertainties related to the company’s business, please refer to the reports submitted by the company from time to time to the U.S. Securities and Exchange Commission. Except as required by law, the company assumes no obligation to revise or update any forward-looking statements for any reason.