Ribbon Communications Inc. logo

Ribbon Communications Inc.

RBBN

NASDAQTechnologySoftware - Application

Previous close

$2.03

+$0.03 · +1.50%

Aug 21, 4:00 PM ET

RBBN company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

52

Fair Value

Momentum

24

Weakening

Sentiment

60

Mixed

Risk resilience

30

High Risk

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Company profile

Company website

Ribbon Communications Inc., established in 1997 and headquartered in Plano, Texas, is a global provider of advanced communication technology. Operating across the United States, Europe, the Middle East, Africa, and the Asia Pacific region, the company, formerly known as Sonus Networks, Inc. until its rebranding in November 2017, divides its operations into two primary segments: Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment delivers software and hardware products, along with comprehensive solutions designed to enable modern voice and collaboration services. These include Voice over Internet Protocol (VoIP), Voice over Long-Term Evolution (VoLTE), Voice over 5G (VoNR), and Unified Communications and Collaboration (UC&C). Additionally, it offers Session Border Controller (SBC) technology and various network transformation tools. This segment's offerings cater to diverse infrastructures, spanning private, public, and hybrid cloud environments, data centers, enterprise premises, and service provider networks, with flexible deployment options available in-network, on-premises, or through a telco cloud. The IP Optical Networks segment focuses on hardware and software solutions for IP networking, switching, routing, and optical transport. These capabilities are essential for facilitating next-generation technologies like 5G and distributed cloud computing, along with their associated applications. Its robust portfolio includes 5G-native solutions for mobile backhaul, metro and edge aggregation, core networking, data center interconnect, and transport services for wholesale carriers, alongside addressing legacy network termination requirements. This segment serves a wide array of clients, including service providers, enterprises, and specific industries such as utilities, government, defense, finance, transportation, education, and research. Furthermore, it provides sophisticated analytics platforms, including cloud-native and streaming analytics, to offer deep insights into network and subscriber behavior.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Bruce W. McClelland
Listed since
May 25, 2000
Employees
3,080

Market position

Day range

Current $2.03

52-week range

Current $2.03

Open
$2.005
Previous close
$2.00
Volume
1.11M
1.22× average
Average volume
903.46K
Average daily volume
Market cap
363.01M USD
Beta
1.37
Market reference 1
50-day average
$2.2228
-8.67% below average
200-day average
$2.5333
-19.87% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
816.18M USD
EV / EBITDA
13.64×
Earnings yield
7.81%
Free cash flow yield
5.13%

Profitability & efficiency

Return on equity
8.83%
Return on assets
3.27%
Return on invested capital
-1.98%

Financial health

Current ratio
1.44×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends60%31%1%-28%Gross margin, FY2021: 52.63%Gross margin, FY2022: 48.91%Gross margin, FY2023: 45.92%Gross margin, FY2024: 52.71%Gross margin, FY2025: 46.99%Operating margin, FY2021: -13.94%Operating margin, FY2022: -5.89%Operating margin, FY2023: -0.44%Operating margin, FY2024: 2.02%Operating margin, FY2025: 2.45%Net margin, FY2021: -20.97%Net margin, FY2022: -11.96%Net margin, FY2023: -8.01%Net margin, FY2024: -6.50%Net margin, FY2025: 4.69%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 52.63%. Gross margin FY2022 48.91%. Gross margin FY2023 45.92%. Gross margin FY2024 52.71%. Gross margin FY2025 46.99%. Operating margin FY2021 -13.94%. Operating margin FY2022 -5.89%. Operating margin FY2023 -0.44%. Operating margin FY2024 2.02%. Operating margin FY2025 2.45%. Net margin FY2021 -20.97%. Net margin FY2022 -11.96%. Net margin FY2023 -8.01%. Net margin FY2024 -6.50%. Net margin FY2025 4.69%.

Income trends

Revenue

844.56M USD+1.28%

Operating income

20.67M USD+22.52%

Net income

39.64M USD+93.87M USD
Income trends across reported periods947.17M USD538.31M USD129.46M USD−279.4M USDRevenue, FY2021: 844.96M USDRevenue, FY2022: 819.76M USDRevenue, FY2023: 826.34M USDRevenue, FY2024: 833.88M USDRevenue, FY2025: 844.56M USDOperating income, FY2021: −117.8M USDOperating income, FY2022: −48.32M USDOperating income, FY2023: −3.6M USDOperating income, FY2024: 16.87M USDOperating income, FY2025: 20.67M USDNet income, FY2021: −177.19M USDNet income, FY2022: −98.08M USDNet income, FY2023: −66.21M USDNet income, FY2024: −54.24M USDNet income, FY2025: 39.64M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 844.96M USD. Revenue FY2022 819.76M USD. Revenue FY2023 826.34M USD. Revenue FY2024 833.88M USD. Revenue FY2025 844.56M USD. Operating income FY2021 −117.8M USD. Operating income FY2022 −48.32M USD. Operating income FY2023 −3.6M USD. Operating income FY2024 16.87M USD. Operating income FY2025 20.67M USD. Net income FY2021 −177.19M USD. Net income FY2022 −98.08M USD. Net income FY2023 −66.21M USD. Net income FY2024 −54.24M USD. Net income FY2025 39.64M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue844.56M USD833.88M USD826.34M USD819.76M USD844.96M USD
Cost of goods sold447.7M USD394.37M USD446.86M USD418.82M USD400.3M USD
Gross profit396.86M USD439.51M USD379.48M USD400.94M USD444.66M USD
Research and development178.87M USD179.94M USD190.66M USD203.68M USD194.95M USD
Selling, general, and administrative197.31M USD206.57M USD192.42M USD198.82M USD203.94M USD
Operating expenses376.19M USD422.64M USD383.08M USD449.26M USD562.46M USD
Interest income913K USD328K USD337K USD232K USD3.73M USD
Interest expense44.92M USD34.15M USD27.66M USD16.88M USD22.82M USD
Depreciation and amortization60.92M USD64.4M USD71M USD76.48M USD83.59M USD
Operating income20.67M USD16.87M USD−3.6M USD−48.32M USD−117.8M USD
Net income39.64M USD−54.24M USD−66.21M USD−98.08M USD−177.19M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 5 misses, 2 met estimates
Average EPS surprise
-15.91%
11 comparable reports
Latest EPS result
-0.03
Estimate -0.01 · Miss by 114.29%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.640.390.14-0.11Q1 '25BeatQ2 '25MissQ3 '25MetQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 0.16, estimate 0.13, surprise +23.08%, Beat. Q2 2025, reported Apr 29, 2025: actual -0.03, estimate 0.01, surprise -400.00%, Miss. Q3 2025, reported Jul 23, 2025: actual 0.05, estimate 0.05, surprise 0.00%, Met estimate. Q4 2025, reported Oct 22, 2025: actual 0.04, estimate 0.06, surprise -33.33%, Miss. Q1 2026, reported Feb 5, 2026: actual 0.59, estimate 0.11, surprise +436.36%, Beat. Q2 2026, reported Apr 28, 2026: actual -0.05, estimate -0.06, surprise +16.67%, Beat. Q3 2026, reported Jul 28, 2026: actual -0.03, estimate -0.014, surprise -114.29%, Miss. Q4 2026, reported Oct 28, 2026: actual —, estimate 0.04, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates261.41M225.13M188.84M152.55MQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 251.36M USD, estimate 243.61M USD, surprise +3.18%, Beat. Q2 2025, reported Apr 29, 2025: actual 181.28M USD, estimate 191.66M USD, surprise -5.42%, Miss. Q3 2025, reported Jul 23, 2025: actual 220.58M USD, estimate 226.05M USD, surprise -2.42%, Miss. Q4 2025, reported Oct 22, 2025: actual 215.37M USD, estimate 241.35M USD, surprise -10.76%, Miss. Q1 2026, reported Feb 5, 2026: actual 227.32M USD, estimate 241.35M USD, surprise -5.81%, Miss. Q2 2026, reported Apr 28, 2026: actual 162.61M USD, estimate 163.43M USD, surprise -0.51%, Miss. Q3 2026, reported Jul 28, 2026: actual 192.34M USD, estimate 189.99M USD, surprise +1.24%, Beat. Q4 2026, reported Oct 28, 2026: actual —, estimate 221.81M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

8 ratings
Strong buy00%
Buy788%
Hold113%
Sell00%
Strong sell00%

Recent analyst actions

5 institutions
CitizensmaintainMarket Outperform
JMP SecuritiesmaintainMarket Outperform
Northland Capital MarketsmaintainOutperform

RBBN peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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