Ribbon Communications Balance Sheet

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
Cash & Equivalents	96.41	87.77	26.49	67.26	103.92
Trading Asset Securities	-	-	-	13.21	-
Cash & Short-Term Investments	96.41	87.77	26.49	80.47	103.92
Cash Growth	9.84%	231.28%	-67.08%	-22.56%	-19.09%
Receivables	231.89	254.72	268.42	267.24	282.92
Inventory	78.81	79.18	77.52	75.42	54.04
Restricted Cash	1.73	2.71	0.14	-	2.57
Other Current Assets	45.66	39.29	46.15	54.85	37.55
Total Current Assets	454.49	463.66	418.72	477.99	480.99
Property, Plant & Equipment	111.8	94.91	81.6	89.72	100.83
Long-Term Investments	-	-	-	12.22	47.8
Goodwill	300.89	300.89	300.89	300.89	300.89
Other Intangible Assets	143.34	187.54	238.09	294.73	350.73
Long-Term Deferred Tax Assets	174.32	88.98	69.76	53.65	47.29
Long-Term Deferred Charges	-	1.13	0.56	0.8	-
Other Long-Term Assets	27.42	25.44	34.54	25.58	19.21
Total Assets	1,212	1,163	1,144	1,256	1,348
Accounts Payable	79.84	87.76	85.16	95.81	97.12
Accrued Expenses	90.76	61.29	53.38	43.19	52.41
Current Portion of Long-Term Debt	8.75	6.13	35.1	20.06	20.06
Current Portion of Leases	11.7	9.44	15.74	15.42	17.91
Current Income Taxes Payable	-	6.36	8.38	8.15	-
Current Unearned Revenue	124.43	119.3	113.38	113.94	109.12
Other Current Liabilities	-	38.6	29.92	33.93	47.84
Total Current Liabilities	315.47	328.87	341.07	330.49	344.45
Long-Term Debt	324.53	330.73	250.82	306.27	350.22
Long-Term Leases	60.16	37.38	38.71	46.18	55.26
Long-Term Unearned Revenue	31.65	20.99	19.22	19.25	20.62
Pension & Post-Retirement Benefits	-	8.37	7.41	6.38	11.17
Long-Term Deferred Tax Liabilities	5.73	5.94	5.62	3.75	8.12
Other Long-Term Liabilities	25.72	25.66	28.54	24.81	30.73
Total Liabilities	763.26	757.93	691.39	737.14	820.57
Common Stock	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	1,977	1,971	1,959	1,942	1,875
Retained Earnings	-1,535	-1,574	-1,520	-1,454	-1,356
Comprehensive Income & Other	6.57	8.08	13.79	30.59	7.58
Shareholders' Equity	448.99	404.62	452.76	518.43	527.17
Total Liabilities & Equity	1,212	1,163	1,144	1,256	1,348
Total Debt	405.13	383.67	340.37	387.93	443.44
Net Cash (Debt)	-308.73	-295.9	-313.88	-307.45	-339.53
Net Cash Per Share	-1.72	-1.70	-1.84	-1.96	-2.30
Filing Date Shares Outstanding	175.7	175.72	172.46	169.23	148.96
Total Common Shares Outstanding	175.7	175.6	172.08	168.32	148.9
Working Capital	139.01	134.79	77.65	147.49	136.54
Book Value Per Share	2.56	2.30	2.63	3.08	3.54
Tangible Book Value	4.76	-83.81	-86.22	-77.19	-124.46
Tangible Book Value Per Share	0.03	-0.48	-0.50	-0.46	-0.84
Machinery	-	87.72	80.51	79.84	77.96
Leasehold Improvements	-	54.85	36.38	35.45	34.64

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