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CSTE

Caesarstone Ltd.

CSTE

Caesarstone Ltd. • NASDAQ
$1.50 ▲ 10.29% (+0.14)
Market Cap $51.84 M
52w High $5.04
52w Low $0.86
Dividend Yield 0%
P/E -0.74
Volume 641.83K
Outstanding Shares 34.56M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $102.112M ▲ $33.661M ▲ $-18.097M ▲ -17.723% ▲ $-0.52 ▲ $-14.342M ▼
Q2-2025 $101.123M ▲ $30.481M ▼ $-18.554M ▼ -18.348% ▼ $-0.54 ▼ $-9.067M ▼
Q1-2025 $99.558M ▲ $35.923M ▼ $-12.88M ▲ -12.937% ▲ $-0.37 ▲ $-7.903M ▲
Q4-2024 $97.863M ▼ $41.944M ▲ $-24.344M ▼ -24.876% ▼ $-0.6 ▼ $-13.313M ▼
Q3-2024 $107.634M $25.44M $-4.222M -3.923% $-0.12 $-4.558M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $69.325M ▼ $501.654M ▼ $271.993M ▼ $227.741M ▼
Q2-2025 $75.626M ▼ $529.118M ▼ $280.269M ▲ $246.649M ▼
Q1-2025 $88.811M ▼ $539.37M ▼ $277.939M ▲ $264.818M ▼
Q4-2024 $106.336M ▼ $549.041M ▼ $275.256M ▲ $277.172M ▼
Q3-2024 $114.077M $575.353M $271.005M $300.597M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-18.097M ▲ $-2.886M ▲ $-2.82M ▲ $-499K ▼ $-6.301M ▲ $-5.814M ▲
Q2-2025 $-18.748M ▼ $-9.879M ▲ $-3.648M ▼ $-311K ▲ $-13.185M ▲ $-13.516M ▲
Q1-2025 $-12.988M ▲ $-15.088M ▼ $-1.658M ▲ $-982K ▲ $-17.525M ▲ $-16.772M ▼
Q4-2024 $-24.344M ▼ $-2.979M ▼ $-13.938M ▼ $-1.079M ▼ $-56.741M ▼ $-5.187M ▼
Q3-2024 $-4.222M $16.285M $-6.048M $-610K $10.505M $12.42M

Five-Year Company Overview

Income Statement

Income Statement Revenue has slipped over the past few years after previously growing, showing that demand has softened or pricing has come under pressure. Profitability has deteriorated: the company moved from modest profits a few years ago to operating and net losses more recently. Losses appear to have narrowed in the latest year versus the prior one, which suggests early benefits from cost cuts or restructuring, but the core picture is still one of a business in transition that is not yet earning its cost base.

Balance Sheet

Balance Sheet The balance sheet has gradually weakened. Total assets and shareholders’ equity have both come down, reflecting ongoing losses and some shrinkage of the business. Debt levels have stayed fairly stable in absolute terms, which means leverage has risen relative to the smaller equity base. Cash on hand is not large but has been relatively steady, so the company still has some financial flexibility, though prolonged losses would further strain its position. Overall, the balance sheet is not distressed, but the margin for error is thinner than a few years ago.

Cash Flow

Cash Flow Despite accounting losses, the company has recently generated positive cash from operations, after a tougher period a few years back. Free cash flow has generally been positive except for one weak year, helped by controlled investment spending and restructuring efforts. Capital expenditure has been kept moderate, supporting cash preservation but also signaling a shift away from heavy in‑house manufacturing. The key question is whether cash generation can remain stable once working‑capital benefits and cost cuts normalize.

Competitive Edge

Competitive Edge Caesarstone still has a well‑known brand in premium surfaces, a long history in engineered stone, and a broad international distribution footprint. These strengths give it visibility with designers, fabricators, and homeowners, even as competition has intensified from rival quartz, porcelain, and alternative surface brands. The move to a multi‑material offering and an asset‑light model should help it adapt, but it also faces pressure from construction cycles, pricing competition, and regulatory scrutiny around silica. Its moat today is more about brand, design, and channel relationships than about manufacturing scale.

Innovation and R&D

Innovation and R&D The company is leaning heavily on innovation to reshape its future. It is investing in low‑silica and silica‑free surfaces, such as its Mineral Surfaces and ICON lines, to address health and regulatory concerns while marketing safety and sustainability as key selling points. It is also broadening into porcelain and other materials, and rolling out digital tools to make it easier for architects and designers to work with its products. These initiatives show active R&D and strategic repositioning, but they are still in the adoption phase; their long‑term impact on growth and margins will depend on how quickly the market embraces these new materials and formats.

Summary

Caesarstone is in the midst of a significant transformation. Financially, it has shifted from a modestly profitable growth story to a smaller, loss‑making business that is trying to stabilize revenue and restore margins. The balance sheet remains serviceable but clearly weaker, making execution on its turnaround more important. On the strategic side, the company is leaning into its brand, design capabilities, and global distribution while pivoting toward safer, more sustainable, multi‑material surfaces and an asset‑light production model. The main opportunity lies in leading the industry’s shift away from traditional high‑silica quartz; the main risks are continued demand softness, intense competition, and the challenge of delivering the promised efficiency gains and product adoption in time to rebuild profitability.

NEWS

November 12, 2025 · 7:00 AM UTC

Caesarstone Reports Third Quarter 2025 Financial Results

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October 29, 2025 · 4:15 PM UTC

Caesarstone Announces Date for Third Quarter 2025 Results

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