← 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
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent — — ($76.8m) ($130.1m) $88.6m ($177.2m) ($98.1m) ($66.2m) ($54.2m) $39.6m
Net Income (Loss) Available to Common Stockholders, Basic ($13.9m) ($35.3m) ($76.8m) ($130.1m) $88.6m ($177.2m) ($98.1m) ($66.2m) ($54.2m) $39.6m
Amortization of Debt Issuance Costs — — — — $5.7m $4.8m $2.3m $3.2m $4.8m $2.8m
Amortization of Debt Issuance Costs and Discounts — — — — — — $2.3m $3.2m $4.8m $2.8m
Amortization of Intangible Assets $7.5m $17.1m $49.7m $49.2m $60.9m $66.6m $61.2m $56.9m $50.9m $44.2m
Depreciation — — — — $17.2m $17.0m $15.3m $14.1m $13.5m $16.7m
Deferred Income Tax Expense (Benefit) $1.1m ($20.3m) $513k $5.3m ($4.6m) ($45.5m) ($18.3m) ($9.2m) ($16.9m) ($85.6m)
Share-based Payment Arrangement, Noncash Expense $19.8m $25.7m $11.1m $12.6m $13.9m $19.4m $18.7m $21.8m $16.1m $19.4m
Payment, Tax Withholding, Share-based Payment Arrangement $1.8m $7.5m $2.0m $1.2m $1.7m $14.5m $2.8m $4.5m $4.3m $4.4m
Share-based Payment Arrangement, Expense $19.8m $25.7m $11.1m $12.6m $13.9m $19.4m $18.7m $21.8m $16.1m $19.4m
Goodwill and Intangible Asset Impairment — — — $164.3m $0 $116.0m $0 $0 — —
Goodwill, Impairment Loss — — $0 $164.3m $0 $116.0m $0 $0 $0 $0
Impairment of Intangible Assets, Finite-lived $0 $5.5m $0 — — — — — — —
Operating Lease, Impairment Loss — — — — — — $0 $0 $0 $0
Gain (Loss) on Disposition of Business — — — — $83.6m $2.8m $62k $0 — —
Income Tax Expense (Benefit) $2.5m ($18.4m) $3.4m $7.2m $4.7m ($31.0m) ($14.5m) $10.8m $8.2m ($84.7m)
Operating Lease, Lease Income — — — — — $2.1m — — — —
Other Nonoperating Income (Expense) $1.4m $1.3m ($3.8m) $70.4m $112.7m ($74.5m) ($44.5m) ($3.8m) ($29.1m) $2.2m
Changes in operating assets and liabilities:
Noncash investing and financing activities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $851k $30.8m $13.0m $3.9m ($9.6m) $47.3m ($14.3m) ($5.7m) ($12.4m) ($20.0m)
Increase (Decrease) in Inventories ($4.9m) ($5.8m) ($993k) ($7.8m) ($11.8m) $9.0m $32.1m $10.7m $3.6m ($234k)
Increase (Decrease) in Accounts Payable ($821k) $13.4m ($6.1m) ($16.3m) ($49.6m) $34.5m ($448k) ($10.5m) ($6.0m) ($3.3m)
Accounts Receivable, Credit Loss Expense (Reversal) $10k $154k $351k $738k $686k $553k $100k $428k $152k ($97k)
Proceeds from Stock Options Exercised $153k $617k $73k $235k $70k $24k $1k $15k $21k $6k
Purchases of property and equipment, accrued but unpaid $4.6m $4.0m $7.9m $10.8m $26.7m $17.1m $10.3m $9.4m $22.4m $25.3m
Foreign Currency Transaction Gain (Loss), before Tax — — — ($1.1m) ($3.0m) ($5.0m) ($1.6m) $44k ($5.7m) ($3.7m)
Gain (Loss) on Sale of Derivatives — — — — — — — $7.3m — —
Gain (Loss) Related to Litigation Settlement — — — $63.0m — — — — — —
General and Administrative Expense $35.9m $47.6m $66.0m $53.9m $63.3m $53.7m $51.1m $55.0m $68.7m $64.2m
Goodwill $49.4m $335.7m $383.7m $224.9m $416.9m $300.9m $300.9m $300.9m $300.9m $300.9m
Operating Expenses $181.2m $256.7m $373.7m $506.5m $491.4m $562.5m $449.3m $432.4m $422.6m $424.0m
Revenue from Contract with Customer, Including Assessed Tax — — $577.9m $563.1m — — — — — —
Unrealized Gain (Loss) on Investments — — — — $30.3m ($71.3m) ($41.3m) $0 — —
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement — — ($3k) ($115k) $1.6m $0 ($808k) $417k $234k $138k
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment — — $500k — — — — — — —
Other Operating Income (Expense), Net — — — — $1.7m — — — — —
Net Cash Provided by (Used in) Operating Activities $19.2m $8.1m ($9.6m) $55.7m $101.6m $19.2m ($26.4m) $17.1m $50.2m $51.4m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $4.6m $4.0m $7.9m $10.8m $26.7m $17.1m $10.3m $9.4m $22.4m $25.3m
Payments to Acquire Businesses, Net of Cash Acquired $20.7m $43.0m $46.4m $0 $346.9m $0 $0 — — —
Net Cash Provided by (Used in) Investing Activities ($27.3m) $21.0m ($35.4m) ($3.5m) ($330.1m) ($14.2m) ($12.1m) ($9.5m) ($22.9m) ($25.3m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt — — — — $478.5m $74.6m $0 $0 $342.3m —
Payments for Repurchase of Common Stock $9.5m $0 $0 $4.5m $0 $0 — — — $9.0m
Net Cash Provided by (Used in) Financing Activities ($9.9m) ($4.5m) $31.8m ($51.3m) $319.3m ($33.7m) $931k ($47.9m) $37.7m ($19.4m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($163k) $547k ($180k) $70k $260k ($523k) ($1.7m) ($379k) ($1.2m) $1.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($163k) $547k ($180k) $949k $91.1m ($29.2m) ($39.2m) ($40.6m) $63.8m $7.7m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $57.1m $43.7m $44.6m $135.7m $106.5m $67.3m $26.6m $90.5m $98.1m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $41k $317k $2.4m $4.1m $15.5m $14.9m $19.3m $25.6m $33.0m $38.0m
Income Taxes Paid, Net $1.2m $2.3m $5.5m $4.7m $9.3m $14.4m $17.0m $18.9m $29.3m $10.5m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.