Ribbon Communications Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $844.6M | $833.9M | $826.3M | $819.8M | $845.0M |
| Gross profit | $420.7M | $439.5M | $408.1M | $400.9M | $444.7M |
| Operating income | -$3.3M | $16.9M | -$24.3M | -$48.3M | -$117.8M |
| Operating expenses | $424.0M | $422.6M | $432.4M | $449.3M | $562.5M |
| Cost of revenue | $423.9M | $394.4M | $418.3M | $418.8M | $400.3M |
| Cash from operations | $51.4M | $50.2M | $17.1M | -$26.4M | $19.2M |
| Capital expenditure | $25.3M | $22.4M | $9.4M | $10.3M | $17.1M |
| Free cash flow | $26.1M | $27.8M | $7.7M | -$36.6M | $2.0M |
| Share repurchases | $9.0M | — | — | — | $0 |
| Impairments | $0 | $0 | $0 | $0 | $116.0M |
| Total assets | $1.2B | $1.2B | $1.1B | $1.3B | $1.3B |
| Total liabilities | $763.3M | $757.9M | $691.4M | $737.1M | $820.6M |
| Total debt | $333.4M | $342.1M | $200.3M | $310.4M | — |
Shares outstanding 176.1M · Free float 36.2%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.