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
Total Revenue $252.6m $329.9m $577.9m $563.1m $843.8m $845.0m $819.8m $826.3m $833.9m $844.6m
Revenue from Contract with Customer, Including Assessed Tax $577.9m $563.1m
Cost of Revenue $85.0m $128.4m $269.6m $246.0m $350.7m $400.3m $418.8m $418.3m $394.4m $423.9m
Gross Profit $167.6m $201.5m $308.3m $317.1m $493.1m $444.7m $400.9m $408.1m $439.5m $420.7m
Operating Expenses $181.2m $256.7m $373.7m $506.5m $491.4m $562.5m $449.3m $432.4m $422.6m $424.0m
Operating Income (Loss) ($13.6m) ($55.2m) ($65.4m) ($189.5m) $1.7m ($117.8m) ($48.3m) ($24.3m) $16.9m ($3.3m)
Additional Financial Items
Amortization of Intangible Assets $7.5m $17.1m $49.7m $49.2m $60.9m $66.6m $61.2m $56.9m $50.9m $44.2m
Foreign Currency Transaction Gain (Loss), before Tax ($1.1m) ($3.0m) ($5.0m) ($1.6m) $44k ($5.7m) ($3.7m)
Gain (Loss) Related to Litigation Settlement $63.0m
Goodwill, Impairment Loss $0 $164.3m $0 $116.0m $0 $0 $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($12.0m) ($55.9m) ($52.6m) ($132.9m) $123.8m ($30.0m) ($84.8m) ($5.4m) $22.7m $88.3m
Operating Lease, Lease Income $2.1m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $13.6m $55.2m $65.4m $189.5m $1.7m ($208.1m) ($112.6m) ($55.4m) ($46.1m) ($45.1m)
Net Income (Loss) Attributable to Parent ($13.9m) ($35.3m) ($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
Earnings Per Share, Basic ($0.28) ($0.60) ($0.74) ($1.19) $0.64 ($1.20) ($0.63) ($0.39) ($0.31) $0.22
Earnings Per Share, Diluted ($0.28) ($0.60) ($0.74) ($1.19) $0.61 ($1.20) ($0.63) ($0.39) ($0.31) $0.22
Weighted Average Number of Shares Outstanding, Basic 49.4m 58.8m 103.9m 109.7m 139.0m 147.6m 156.7m 170.4m 174.0m 176.2m
Weighted Average Number of Shares Outstanding, Diluted 49.4m 58.8m 103.9m 109.7m 144.7m 147.6m 156.7m 170.4m 174.0m 179.8m
Research and Development Expense $72.8m $101.5m $145.5m $141.1m $194.5m $194.9m $203.7m $190.7m $179.9m $178.9m
Selling and Marketing Expense $68.5m $83.4m $128.3m $118.0m $139.3m $150.3m $147.8m $137.5m $137.8m $133.1m
General and Administrative Expense $35.9m $47.6m $66.0m $53.9m $63.3m $53.7m $51.1m $55.0m $68.7m $64.2m
Other Nonoperating Income (Expense) $1.4m $1.3m ($3.8m) $70.4m $112.7m ($74.5m) ($44.5m) ($3.8m) ($29.1m) $2.2m
Business Combination, Acquisition Related Costs $1.2m $14.8m $17.0m $13.0m $17.2m $7.6m $6.3m $4.5m $4.3m
Current Income Tax Expense (Benefit) $1.4m $1.9m $2.9m $1.9m $9.3m $14.5m $3.7m $20.0m $25.1m $858k
Income Tax Expense (Benefit) $2.5m ($18.4m) $3.4m $7.2m $4.7m ($31.0m) ($14.5m) $10.8m $8.2m ($84.7m)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement ($3k) ($115k) $1.6m $0 ($808k) $417k $234k $138k
Interest Income (Expense), Nonoperating, Net $769k $263k ($4.2m) ($3.9m) ($21.0m) ($15.8m) ($19.8m) ($27.3m) ($33.8m) ($44.0m)
Other Operating Income (Expense), Net $1.7m