Ribbon Communications Inc. (NASDAQ:RBBN)
Insiders here have filed 5 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Profitable, but on a thin margin.
- Revenue
- $797.6M
- Net income
- $15.6M
- Net margin
- 2.0%
Heavily indebted for what it earns.
- Total debt
- $397.0M
- Cash
- $43.5M
- Net debt / EBITDA
- 9.19x
Covers near-term obligations, without much room.
- Current assets
- $405.6M
- Current liabilities
- $309.3M
- Current ratio
- 1.31
Roughly cash-neutral.
- Operating cash flow
- $22.2M
- Free cash flow
- $7.4M
- FCF margin
- 0.9%
Not funding itself by issuing shares.
- Shares outstanding
- 176.5M
- Share growth (1y)
- 0.1%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
RBBN Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 192.34 M | 162.61 M | 227.32 M | 215.37 M | 220.58 M | 181.28 M |
| Revenue Growth (YoY) | -12.80 % | -10.30 % | -9.56 % | 2.44 % | 14.52 % | 0.90 % |
| Cost of Revenue | 104.49 M | 98.57 M | 112.05 M | 107.41 M | 111.28 M | 98.91 M |
| Gross Profit | 87.85 M | 64.03 M | 115.28 M | 107.97 M | 109.31 M | 82.37 M |
| SG&A Expense | 47.77 M | 49.25 M | 51.80 M | 49.43 M | 49.17 M | 46.92 M |
| R&D Expense | 44.86 M | 44.45 M | 44.71 M | 45.89 M | 44.70 M | 43.57 M |
| Operating Expenses | 92.63 M | 93.69 M | 96.52 M | 105.20 M | 105.08 M | 101.98 M |
| Operating Income | -4.78 M | -29.66 M | 18.76 M | 2.76 M | 4.23 M | -19.61 M |
| Pretax Income | -25.16 M | -40.94 M | -241.00 K | -8.98 M | -8.91 M | -26.98 M |
| Tax Provision | 1.71 M | -6.45 M | -89.31 M | 3.13 M | 2.18 M | -754.00 K |
| Net Income | -26.87 M | -34.49 M | 89.06 M | -12.11 M | -11.09 M | -26.23 M |
| EPS (Basic) | -0.15 | -0.20 | 0.51 | -0.07 | -0.06 | -0.15 |
| EPS (Diluted) | -0.15 | -0.20 | 0.50 | -0.07 | -0.06 | -0.15 |
| Shares Outstanding | 176.46 M | 175.66 M | 175.70 M | 176.37 M | 176.24 M | 175.72 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.