AudioCodes Q2 Revenue Climbs 3.1%, Declares $0.20 Dividend; Voice AI ARR Surges 20%
AUDC sits 49% above its 52-week low of $6.95 on elevated volume (2.2× avg).
Summary
AudioCodes posted Q2 2026 revenue of $63 million (+3.1% YoY) and declared a $0.20 semi-annual dividend. Annual recurring revenue reached $84 million, up 20%, fueled by over 50% growth in Conversational AI.
Key Events · Earnings and Guidance · AUDC
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Q2 Revenue +3.1%, GAAP EPS $0.02
Revenue reached $63 million, with services up 6.2% to $34.6 million. GAAP net income came in at $0.5 million, or $0.02 per diluted share, compared to $0.3 million a year ago.
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ARR Hits $84M, Voice AI Up >50%
Annual recurring revenue grew 20% year-over-year to $84 million, driven by the Live managed services suite and Conversational AI, which expanded over 50%.
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$0.20 Semi-Annual Dividend Declared
The board declared a cash dividend of $0.20 per share, totaling approximately $4.8 million, payable September 3, 2026 to shareholders of record August 19.
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$8.9M in Share Buybacks During Q2
Under its $25 million court-approved program, the company repurchased 950,133 shares at an aggregate cost of $8.9 million, leaving $17.4 million remaining.
Analysis · AUDC · Manufacturing
While top-line growth was modest and GAAP profitability remained thin, the standout is a 20% surge in annual recurring revenue to $84 million, powered by over 50% growth in the Conversational AI business. The company also declared a semi-annual dividend of $0.20 per share and repurchased $8.9 million in stock during the quarter, underscoring confidence in cash generation even as the cash balance declined. For a company trading near its 52-week high, this combination of accelerating AI-driven recurring revenue and sustained capital returns makes the update particularly noteworthy.
At the time of this filing, AUDC was trading at $10.39 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $263.4M. The 52-week trading range was $6.95 to $10.86. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.