AudioCodes Reports Q3 2026 Revenue Growth Driven by Services and VoiceAI Expansion
AudioCodes (AUDC) reported third-quarter revenue of $64.1 million, a 4.2% increase year-over-year. The company's transition toward a software-centric model is evident in its services revenue, which grew 19.9% to $37.1 million and now accounts for nearly 58% of total revenue. Combined Annual Recurring Revenue (ARR) rose 16% to $87 million, supported by strong performance in Live managed services and VoiceAI applications. The company's partnership with Microsoft remains a primary driver, with the Microsoft segment contributing $43 million in revenue. Management also highlighted significant momentum in its VoiceAI portfolio, projecting revenue targets of $25 million for 2026 and aiming for $50 million by 2028. Despite a slight decrease in non-GAAP net income compared to the previous year, AudioCodes maintained its full-year revenue and EPS guidance.
Topics: ARR earnings report financial guidance revenue growth