Cambium Networks Corp
For the period ended Sep 30, 2025. Filed Apr 30, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Apr 30, 2026
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Consolidated Statements of Operations and Comprehensive Loss
(in thousands, except for share and per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2024 | 2025 | 2024 | 2025 | |
| (As Restated) · (As Restated) | ||||
| Revenues: | ||||
| Product | $39,710 | $38,270 | $122,322 | $102,036 |
| Subscriptions and services | 4,958 | 4,725 | 14,649 | 14,094 |
| Total revenues | 44,668 | 42,995 | 136,971 | 116,130 |
| Cost of revenues: | ||||
| Product | 23,266 | 24,755 | 82,812 | 62,894 |
| Subscriptions and services | 1,932 | 1,805 | 5,976 | 6,129 |
| Total cost of revenue | 25,198 | 26,560 | 88,788 | 69,023 |
| Gross profit: | ||||
| Product | 16,444 | 13,515 | 39,510 | 39,142 |
| Subscriptions and services | 3,026 | 2,920 | 8,673 | 7,965 |
| Total gross profit | 19,470 | 16,435 | 48,183 | 47,107 |
| Operating expenses | ||||
| Research and development | 9,275 | 7,672 | 29,223 | 24,439 |
| Sales and marketing | 8,398 | 7,082 | 27,825 | 23,662 |
| General and administrative | 6,240 | 7,087 | 20,146 | 19,831 |
| Depreciation and amortization | 1,682 | 432 | 4,984 | 1,023 |
| Impairment | 24,973 | — | 24,973 | 159 |
| Total operating expenses | 50,568 | 22,273 | 107,151 | 69,114 |
| Operating loss | (31,098) | (5,838) | (58,968) | (22,007) |
| Interest expense, net | 1,702 | 2,412 | 3,979 | 6,719 |
| Other expense (income), net | 8 | (61) | 70 | (32) |
| Loss before income taxes | (32,808) | (8,189) | (63,017) | (28,694) |
| Provision for income taxes | 1,718 | 341 | 4,203 | 977 |
| Net loss | $(34,526) | $(8,530) | $(67,220) | $(29,671) |
| Loss per share | ||||
| Basic | $(1.22) | $(0.30) | $(2.40) | $(1.03) |
| Diluted | $(1.22) | $(0.30) | $(2.40) | $(1.03) |
| Weighted-average number of shares outstanding to compute net loss per share | ||||
| Basic | 28,217,453 | 28,831,946 | 27,990,835 | 28,720,476 |
| Diluted | 28,217,453 | 28,831,946 | 27,990,835 | 28,720,476 |
| Comprehensive loss | ||||
| Net loss | $(34,526) | $(8,530) | $(67,220) | $(29,671) |
| Foreign currency translation adjustment | (34) | (395) | (188) | (288) |
| Comprehensive loss | $(34,560) | $(8,925) | $(67,408) | $(29,959) |
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