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2Q 2026 Earnings Call Supplementary Slides Caudiocodes
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2Q 2026 Earnings Call Supplementary Slides Safe Harbor This presentation contains forward-looking statements. All statements contained in this presentation other than statements of historical facts, including, without limitation, future financial and business performance for the second quarter 2026, attractiveness of our product offerings and platform and the value proposition of our products, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “estimate,” “expect,” “intend,” “guide,” “may,” “will” and similar expressions and their negatives are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, short- term and long-term business operations and objectives and financial needs. These forward-looking statements are subject to various risks, uncertainties and other factors that could cause actual results to differ materially from those stated in such statements. These risks, uncertainties and factors include, but are not limited to, the following: the effect of global economic conditions in general and conditions in AudioCodes' industry and target markets in particular, including governmental undertakings to address such conditions; shifts in supply and demand; market acceptance of new products and the demand for existing products; the impact of competitive products and pricing on AudioCodes' and its customers' products and markets; timely product and technology development, upgrades, the advent of artificial intelligence and the ability to manage changes in market conditions and evolving regulatory regimes,as applicable; possible need for additional financing; the ability to satisfy covenants in AudioCodes’ financing agreements; possible impacts and disruptions from AudioCodes’ acquisitions, including the ability of AudioCodes to successfully integrate the products and operations of acquired companies into AudioCodes’ business; possible adverse impacts attributable to any pandemic or other public health crisis on our business and results of operations; the effects of the current and any future hostilities involving Israel, including in the regions in which we or our counterparties operate, which may affect our operations and may limit our ability to produce and sell our solutions; any disruption in our operations by the obligations of our personnel to perform military service as a result of current or future military actions involving Israel; and any other factors described in AudioCodes' filings made with the U.S. Securities and Exchange Commission from time to time. AudioCodes assumes no obligationto update the information in this presentation. Moreover, we operate in a very competitive and rapidly changing environment. New risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, we cannot guarantee future results, levels of activity, performance, achievements or events and circumstances reflected in the forward-looking statements will occur. We are under no obligation to update any of these forward-looking statements after the date of this presentation to conform these statements to actual results or revised expectations, except as required by law. You should, therefore, not rely on these forward-looking statements as representing our views as of any date subsequent to the date of this presentation. This presentation also includes certain guidance on non-GAAP financial measures. These non-GAAP financial measures are in addition to, and not as a substitute for or superior to measures of financial performance prepared in accordance with GAAP. There are a number of limitations related to the use of these non-GAAP financial measures versus their nearest GAAP equivalents. For example, other companies may calculate non-GAAP financial measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of the Company’s non-GAAP financial measures as tools for comparison. The Company provides a reconciliation of certain non-GAAP measures to the most directly comparable GAAP measures, which are available in the earnings press release for the relevant periods and in the appendix of this presentation. Therefore, please review the information contained in our press release, dated August 4, 2026, with respect to our earnings for the second quarter of 2026 (the “Q2 Press Release”). The Q2 Press Release contains additional information regarding our financial outlook and certain non-GAAP metrics and their reconciliations. The information contained in this presentation, or delivered or to be delivered in connection with this presentation, does not constitute an offer, express or implied, or a recommendation to do any transaction, or make any investment, in our securities or in any securities of our affiliates or subsidiaries.
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2Q 2026 Earnings Call Supplementary Slides We are the leading provider of enterprise voice cloud services and conversational AI applications 120 Countries Serving customers in 1,001 Employees as of 06/30/26 65 of Fortune 100 Companies are Customers 9 of Fortune Top 10 Enterprises are Customers Microsoft Teams Phone Partner #1 AudioCodes Scale & Reach
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2Q 2026 Earnings Call Supplementary Slides Total revenues of $63.0M vs. $61.1M in 2Q’25, up 3.1% YoY Non-GAAP EPS of $0.15 vs. $0.14 in 2Q’25 Non-GAAP operating margin at 7.4% vs. 7.2% in 1Q’25 Non-GAAP gross margin of 65.8% vs. 64.5% in 2Q’252Q’26 Financial Highlights
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2Q 2026 Earnings Call Supplementary Slides Conversational AI business increased >50% YoY Microsoft Teams business increased 5% year-over-year Live ARR increased 20% YoY 2Q’26 Business Performance
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2Q 2026 Earnings Call Supplementary Slides Revenues
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2Q 2026 Earnings Call Supplementary Slides Non-GAAP Gross Margin
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2Q 2026 Earnings Call Supplementary Slides Non-GAAP Operating Margin
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2Q 2026 Earnings Call Supplementary Slides GAAP to Non- GAAP Reconciliation
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Thank You