Ribbon Communications financials
$1.79+3.47%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $844.6M | $833.9M | $826.3M | $819.8M | $845.0M | $843.8M | $563.1M | $577.9M | $329.9M |
| Gross profit | $420.7M | $439.5M | $408.1M | $400.9M | $444.7M | $450.8M | $317.1M | $347.3M | $201.5M |
| Gross margin | 49.8% | 52.7% | 49.4% | 48.9% | 52.6% | 53.4% | 56.3% | 60.1% | 61.1% |
| Operating income | -$3.3M | $16.9M | -$24.3M | -$48.3M | -$110.2M | $1.7M | -$189.5M | -$48.5M | -$55.2M |
| Net income | $39.6M | -$54.2M | -$66.2M | -$98.1M | -$177.2M | $88.6M | -$130.1M | -$76.8M | -$35.3M |
| Net margin | 4.7% | −6.5% | −8.0% | −12.0% | −21.0% | 10.5% | −23.1% | −13.3% | −10.7% |
| Diluted EPS | $0.22 | $-0.31 | $-0.39 | $-0.63 | $-1.20 | $0.61 | $-1.19 | $-0.74 | $-0.60 |
| EBITDA | $81.6M | $91.4M | $67.4M | $45.3M | $101.1M | $113.2M | $65.4M | $29.5M | -$5.4M |
| Operating cash flow | $51.4M | $50.2M | $17.1M | -$26.4M | $19.2M | $101.6M | $63.8M | -$9.6M | $8.1M |
| Free cash flow | $26.1M | $27.8M | $7.7M | -$36.6M | $2.0M | $74.9M | $53.0M | -$17.5M | $4.1M |
| Diluted shares | 179.8M | 174.0M | 170.4M | 156.7M | 147.6M | 144.7M | 109.7M | 103.9M | 58.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $96.4M | $87.8M | $26.5M | $67.3M | $103.9M | $128.4M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $333.3M | $336.9M | $232.6M | $326.3M | $370.3M | $384.6M |
| Total assets | $1.21B | $1.16B | $1.14B | $1.26B | $1.35B | $1.55B |
| Total liabilities | $763.3M | $757.9M | $691.4M | $737.1M | $820.6M | $860.4M |
| Shareholders' equity | $449.0M | $404.6M | $452.8M | $518.4M | $527.2M | $686.9M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology