Earnings Releases·Oct 27, 2026, 4:20 PM ET

Ribbon Communications — Third Quarter 2026 Earnings Summary

Revenue reached $219 million, up 14% sequentially and 2% year-over-year, while year-to-date revenue declined to $574 million from $617 million in 2025; GAAP net loss narrowed to $9 million from $12 million, and Non-GAAP diluted EPS rose to $0.07 from $0.04.
Non-GAAP Adjusted EBITDA improved to $27 million, more than doubling from Q2 2026 despite a slight decrease from Q3 2025, driven by flat operating expenses and strong sequential growth in IP Optical Networks (+17%) and Cloud and Edge (+11%) segments.
Management provided Q4 2026 guidance projecting revenue between $233 million and $247 million, Non-GAAP gross margin between 53.5% and 54.5%, and Adjusted EBITDA between $40 million and $47 million, citing expected gains in both operating segments.
Strategic momentum continues with new wins in North America, expanded data center and AI-related opportunities, and long-term growth drivers identified for 2027 including Enterprise AI applications and AI-generated voice-phishing mitigation solutions.
Balance sheet liquidity decreased with cash and equivalents falling to $40.4 million from $96.4 million at year-end 2025, while total debt reduced slightly to $327.9 million; deferred revenue also declined to $149.3 million.