MIND CTI (NASDAQ:MNDO), a leading provider of convergent billing and customer care product-based solutions for service providers, announced its fourth-quarter and full-year financial results for 2025 on Tuesday.
The company maintained profitability throughout the fiscal year despite a slight contraction in top-line revenue, while signaling a significant change in its capital allocation strategy.
For the fourth quarter ended December 31, 2025, MIND CTI reported revenue of $4.9 million, compared to $5.2 million in the fourth quarter of 2024.
Full-year revenue reached $19.4 million, down from the $21.4 million recorded in the previous year.
The company attributed the decline primarily to a decrease in license sales and the timing of professional services for its global telecommunications clientele.
Profitability metrics remained stable relative to the revenue shift.
Operating income for the fourth quarter was $0.8 million, representing a 17% margin.
For the full year, operating income totaled $2.1 million, or 11% of revenue.
Net income for the fiscal year reached $2.6 million, with $1 million generated in the final quarter alone.
The company’s cash generation remained a highlight of the report.
MIND CTI generated $4 million in cash from operating activities throughout 2025, ending the year with approximately $13.6 million in cash and cash equivalents.
In a notable departure from its historical practice, the Board of Directors announced a shift in its approach to returning value to shareholders.
After years of paying an annual dividend, the company has decided to transition to a share repurchase program.