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Ribbon Communications Inc (RBBN)
NASDAQ:RBBN
Earnings Data
Report Date
Apr 29, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.06Last Year’s EPS
-0.03Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a balanced view: the company delivered record bookings, expanding backlog, strong growth in India, robust Cloud & Edge margins, and a meaningful deferred tax benefit that boosted EPS and future cash tax savings. However, near‑term performance was weakened by project deployment delays, year‑end budget timing (including BEAD funding), reduced US federal sales, gross margin compression driven by India mix and higher services, and a conservative 2026 outlook with a slow Q1 guide. Management emphasized cost control, strategic partnerships (AWS), AI ops POCs, and opportunity to expand with Verizon/Frontier, but the operational timing risks and segment losses temper the near‑term outlook.Company Guidance
Record Bookings and Backlog Expansion
Product and professional services bookings hit record levels in Q4: Cloud & Edge bookings were 1.5x booked-to-revenue and IP Optical bookings were 1.1x. The company booked over $50 million of non‑Verizon voice network transformation orders in the quarter across ~a dozen customers, and management reported increasing backlog heading into 2026.
Full‑Year Revenue Growth
Full‑year 2025 consolidated revenue was $845 million, up 1% year‑over‑year. Excluding Russia sales from 2024, revenue to all other customers increased 4% for the year.
Strong India Performance
India was a major growth driver: IP optical Q4 sales in India increased 28% year‑over‑year; full‑year India sales grew over 40% and exceeded $100 million.
Cloud & Edge Profitability and Margins
Cloud & Edge Q4 non‑GAAP gross margin was 68% (up 65 bps year‑over‑year) and Q4 adjusted EBITDA for the segment was $48 million (34% of segment revenue). Full‑year Cloud & Edge revenue rose to $511 million (+1% year) and adjusted EBITDA was $134 million (26% of revenue).
Improving Cash Generation and Balance Sheet Actions
Q4 cash from operations was $29 million (full year cash from operations $51 million), closing cash balance was $98 million, net debt leverage 2.3x. Company repurchased ~972k shares in Q4 (~2.5M shares in 2025 at ~$9M) and expects lower cash taxes and improved cash generation over coming years.
Large Deferred Tax Benefit Boosting EPS and Future Cash Savings
A deferred tax benefit of approximately $90 million recognized in Q4 increased quarterly non‑GAAP net income to $106 million and boosted non‑GAAP diluted EPS by ~$0.50. The tax asset is expected to produce cash tax savings of $15–$20 million per annum over the next several years.
Strategic Partnerships and Product Momentum
Closed Frontier acquisition integration opportunity with Verizon pipeline expansion potential; signed a multiyear collaboration with AWS for cloud transitions; Acumen AI Ops platform has a lead customer (Optimum) and ~a dozen POCs with modest revenue expected in H2 2026.
Cost Management and Restructuring Savings
Non‑GAAP operating expenses decreased $4 million in Q4 year‑over‑year and $9 million for the full year. A recent restructuring eliminated ~85 positions and is expected to lower annual expenses by more than $10 million.
RBBN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
RBBN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 05, 2026 | $2.72 | $1.96 | -27.94% |
Oct 22, 2025 | $4.00 | $3.45 | -13.75% |
Jul 23, 2025 | $4.25 | $3.89 | -8.47% |
Apr 29, 2025 | $3.75 | $3.21 | -14.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ribbon Communications Inc (RBBN) report earnings?
Ribbon Communications Inc (RBBN) is schdueled to report earning on Apr 29, 2026, Before Open (Confirmed).
What is Ribbon Communications Inc (RBBN) earnings time?
Ribbon Communications Inc (RBBN) earnings time is at Apr 29, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RBBN EPS forecast?
RBBN EPS forecast for the fiscal quarter 2026 (Q1) is -0.06.