Ribbon Communications Inc. reported results for the 2026 quarter with revenue of $192.34M, a net loss of ($26.87M) and diluted loss per share of ($0.15), reflecting lower product and service volumes versus the prior-year quarter.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$192.34M$220.58M(12.8%) | Net income²($26.87M)($11.09M)(142.2%) | Diluted EPS³($0.15)($0.06)(150%) |
¹ Reported as “Total revenue”. ² Reported as “Net loss”. ³ Reported as “Diluted loss per share”.
Business Highlights
- Revenue declined about 12% year over year, driven primarily by lower Cloud & Edge product and service sales.
- Enterprise sales increased to roughly 33% of revenue while channel partner product sales remained about 34% of product revenue.
- Company is executing multi-year restructuring plans (2022, 2025, 2026) with ongoing charges to align workforce to demand.
- Gross margin contracted roughly 260 basis points year over year due to lower volumes, unfavorable mix and fixed cost under-absorption.
- R&D spending was essentially flat year over year with continued investment in Cloud & Edge; sales and marketing remained largely stable to support voice modernization deployments.
Original SEC Filing:
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