← Ribbon Communications Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $31.9m | $57.1m | $43.7m | $44.6m | $128.4m | $103.9m | $67.1m | $26.6m | $87.8m | $96.4m | |
| Inventory, Net | $18.3m | $21.3m | $22.6m | $14.8m | $45.8m | $54.0m | $75.4m | $77.5m | $79.2m | $78.8m | |
| Accounts Receivable, after Allowance for Credit Loss | $53.9m | $165.2m | $187.9m | $192.7m | $237.7m | $282.9m | $267.2m | $268.4m | $254.7m | $231.9m | |
| Assets, Current | $177.9m | $282.2m | $278.4m | $279.3m | $447.6m | $481.0m | $478.0m | $418.7m | $463.7m | $454.5m | |
| Property, Plant and Equipment, Net | $11.7m | $24.8m | $27.0m | $29.0m | $48.9m | $47.7m | $44.8m | $41.8m | $60.4m | $65.6m | |
| Goodwill | $49.4m | $335.7m | $383.7m | $224.9m | $416.9m | $300.9m | $300.9m | $300.9m | $300.9m | $300.9m | |
| Intangible Assets, Net (Excluding Goodwill) | $30.2m | $244.4m | $251.4m | $213.4m | $417.4m | $350.7m | $294.7m | $238.1m | $187.5m | $143.3m | |
| Operating Lease, Right-of-Use Asset | — | — | $0 | $36.7m | $69.8m | $53.1m | $44.9m | $39.8m | $34.5m | $46.2m | |
| Other Assets, Noncurrent | $4.9m | $6.3m | $7.5m | $26.8m | $20.9m | $23.1m | $38.6m | $35.1m | $26.6m | $27.4m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $53.9m | $165.2m | $187.9m | $192.7m | $237.7m | $282.9m | $267.2m | $268.4m | $254.7m | $231.9m | |
| Accrued Liabilities, Current | $27.0m | $76.4m | $84.3m | $56.7m | $134.9m | $100.8m | $85.3m | $91.7m | $106.3m | $90.8m | |
| Assets | $308.1m | $910.9m | $957.2m | $814.9m | $1.5b | $1.3b | $1.3b | $1.1b | $1.2b | $1.2b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | $0 | $7.7m | $17.0m | $17.4m | $15.4m | $15.7m | $9.4m | $11.7m | |
| Accounts Payable, Current | $6.5m | $45.9m | $45.3m | $31.4m | $63.4m | $97.1m | $95.8m | $85.2m | $87.8m | $79.8m | |
| Operating Lease, Liability, Noncurrent | — | — | — | $37.2m | $72.6m | $55.2m | $46.2m | $38.7m | $37.4m | $60.2m | |
| Long-term Debt, Excluding Current Maturities | — | $20.0m | $55.0m | $46.0m | $369.0m | $350.2m | $306.3m | $197.5m | $330.7m | $324.5m | |
| Deferred Revenue, Current | $43.5m | $100.6m | $17.6m | $20.5m | $26.0m | $20.6m | $19.3m | $19.2m | $21.0m | $31.7m | |
| Deferred Revenue, Noncurrent | $7.2m | $14.2m | $105.1m | $100.4m | $96.8m | $109.1m | $113.9m | $113.4m | $119.3m | $124.4m | |
| Long-term Debt, Current Maturities | — | — | $0 | $2.5m | $15.5m | $20.1m | $20.1m | $35.1m | $6.1m | $8.8m | |
| Liabilities, Current | $77.1m | $242.8m | $289.7m | $206.7m | $327.6m | $344.5m | $330.5m | $341.1m | $328.9m | $315.5m | |
| Deferred Income Tax Liabilities, Net | $3.0m | $2.8m | $4.7m | $4.6m | $16.8m | $8.1m | $3.8m | $5.6m | $5.9m | $5.7m | |
| Other Liabilities, Noncurrent | $1.6m | $13.2m | $30.8m | $16.6m | $48.3m | $42.0m | $31.2m | $30.7m | $26.0m | $23.8m | |
| Deferred Tax Liabilities, Net | $1.5m | — | $30.5m | $27.3m | $6.2m | — | — | — | — | — | |
| Liabilities | $88.9m | $295.5m | $366.9m | $331.7m | $860.4m | $820.6m | $737.1m | $691.4m | $757.9m | $763.3m | |
| Stockholders’ equity: | |||||||||||
| Preferred Stock, Value, Issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $17k | $18k | $18k | |
| Common Stock, Value, Issued | $49k | $10k | $11k | $11k | $15k | $15k | $17k | $17k | $18k | $18k | |
| Retained Earnings (Accumulated Deficit) | ($1.0b) | ($1.1b) | ($1.1b) | ($1.3b) | ($1.2b) | ($1.4b) | ($1.5b) | ($1.5b) | ($1.6b) | ($1.5b) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $5.5m | $3.1m | $3.7m | $2.5m | ($4.9m) | $7.6m | $30.6m | $13.8m | $8.1m | $6.6m | |
| Additional Paid in Capital, Common Stock | $1.3b | $1.7b | $1.7b | $1.7b | $1.9b | $1.9b | $1.9b | $2.0b | $2.0b | $2.0b | |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax | $5.5m | $3.1m | $3.7m | $2.5m | ($4.9m) | $7.6m | ($5.2m) | ($4.3m) | ($4.0m) | ($3.0m) | |
| Stockholders' Equity Attributable to Parent | $219.1m | $615.4m | $590.3m | $483.3m | $686.9m | $527.2m | $518.4m | $452.8m | $404.6m | $449.0m | |
| Liabilities and Equity | $308.1m | $910.9m | $957.2m | $814.9m | $1.5b | $1.3b | $1.3b | $1.1b | $1.2b | $1.2b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.