Ribbon Communications Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	844.56	833.88	826.34	819.76	844.96
Revenue Growth (YoY)	1.28%	0.91%	0.80%	-2.98%	0.14%
Cost of Revenue	403.51	369.48	389.97	387.28	361.95
Gross Profit	441.05	464.41	436.37	432.48	483
Selling, General & Admin	197.31	206.57	192.42	198.82	203.94
Research & Development	178.87	179.94	190.66	203.68	194.95
Amortization of Goodwill & Intangibles	44.19	50.86	56.89	61.19	66.63
Operating Expenses	420.38	437.37	439.97	463.68	465.51
Operating Income	20.67	27.03	-3.6	-31.21	17.49
Interest Expense	-44.01	-34.15	-27.66	-19.78	-15.83
Interest & Investment Income	-	0.33	0.34	-	-
Currency Exchange Gain (Loss)	-	-5.7	-	-1.6	-5
Other Non Operating Income (Expenses)	2.23	-23.42	-3.77	-1.6	5.28
EBT Excluding Unusual Items	-21.11	-35.91	-34.69	-54.18	1.94
Merger & Restructuring Charges	-24	-10.16	-20.69	-17.12	-19.29
Impairment of Goodwill	-	-	-	-	-116
Gain (Loss) on Sale of Investments	-	-	-	-41.3	-74.8
Pretax Income	-45.11	-46.07	-55.37	-112.6	-208.14
Income Tax Expense	-84.75	8.17	10.83	-14.52	-30.96
Net Income	39.64	-54.24	-66.21	-98.08	-177.19
Net Income to Common	39.64	-54.24	-66.21	-98.08	-177.19
Shares Outstanding (Basic)	176	174	170	157	148
Shares Outstanding (Diluted)	180	174	170	157	148
Shares Change (YoY)	3.32%	2.13%	8.77%	6.16%	2.02%
EPS (Basic)	0.22	-0.31	-0.39	-0.63	-1.20
EPS (Diluted)	0.22	-0.31	-0.39	-0.63	-1.20
Free Cash Flow	26.06	27.83	7.71	-36.62	2.05
Free Cash Flow Per Share	0.14	0.16	0.04	-0.23	0.01
Gross Margin	52.22%	55.69%	52.81%	52.76%	57.16%
Operating Margin	2.45%	3.24%	-0.44%	-3.81%	2.07%
Profit Margin	4.69%	-6.50%	-8.01%	-11.96%	-20.97%
Free Cash Flow Margin	3.08%	3.34%	0.93%	-4.47%	0.24%
EBITDA	81.59	91.43	67.4	45.28	101.08
EBITDA Margin	9.66%	10.96%	8.16%	5.52%	11.96%
D&A For EBITDA	60.92	64.4	71	76.48	83.59
EBIT	20.67	27.03	-3.6	-31.21	17.49
EBIT Margin	2.45%	3.24%	-0.44%	-3.81%	2.07%
Revenue as Reported	844.56	833.88	826.34	819.76	844.96
Advertising Expenses	-	1.7	1.2	1.5	1.6

Source: S&P Global Market Intelligence. Standard template. Financial Sources.