Filing Flows › Ribbon Communications (RBBN) › Q1 2025
Ribbon Communications (RBBN) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Ribbon Communications (RBBN) reported revenue of $181M for the first quarter 2025 (Q1 2025), +0.9% from a year earlier and -28% from the quarter before. Operating margin was -10.8%, net loss $26.2M (14.5% of revenue).
Ribbon Communications, Q1 2025: revenue $181M (+0.9% year over year), operating margin -10.8%, net loss $26.2M, operating cash flow −$3.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $181M | -28% | +0.9% |
| Operating profit | −$19.6M | — | — |
| Net earnings | −$26.2M | — | — |
| Operating cash flow | −$3.5M | — | — |
What changed
Revenue was $181.3M in Q1 2025, up 1% year over year and down 28% from the previous quarter. Product was the largest line at 45% of revenue. Service Revenue, Professional Services added $9.2M year over year (up 39%), 569% of the total change. Product declined 6%.
Gross margin was 45.4%, down 5.7 points from a year earlier. Operating costs exceeded revenue by $19.6M, an operating margin of -10.8%. Operating expenses fell 3% while revenue rose 1%. The fastest-growing cost line was Other operating costs (+18%). The quarter ended with a net loss of $26.2M, after a profit of $6.4M the previous quarter.
Operating cash flow was −$3.5M. Non-cash charges added back $15.0M of depreciation and amortization and $4.3M of share-based compensation. Working capital and other items added $3.4M. Capital expenditures of $12.1M exceeded it, leaving free cash flow of −$15.7M.
Questions
What was Ribbon Communications' revenue in the first quarter 2025?
Ribbon Communications (RBBN) reported revenue of $181M for the first quarter 2025 (Q1 2025), +0.9% from a year earlier and -28% from the quarter before.
Was Ribbon Communications profitable in the first quarter 2025?
Operating loss was $19.6M (-10.8% of revenue) and net loss $26.2M.