Filing Flows › Ribbon Communications (RBBN) › Q1 2026
Ribbon Communications (RBBN) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 6, 2026
Ribbon Communications (RBBN) reported revenue of $163M for the first quarter 2026 (Q1 2026), -10% from a year earlier and -28% from the quarter before. Operating margin was -19.5%, net loss $34.5M (21.2% of revenue).
Ribbon Communications, Q1 2026: revenue $163M (-10% year over year), operating margin -19.5%, net loss $34.5M, operating cash flow −$22.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $163M | -28% | -10% |
| Operating profit | −$31.7M | -441% | — |
| Net earnings | −$34.5M | -139% | — |
| Operating cash flow | −$22.0M | -175% | — |
What changed
Revenue was $162.6M in Q1 2026, down 10% year over year and down 28% from the previous quarter. Product was the largest line at 42% of revenue. Product lost $13.9M year over year (down 17%), 74% of the total change.
Gross margin was 42.9%, down 2.6 points from Q1 2025. Operating costs exceeded revenue by $31.7M, an operating margin of -19.5%. Operating expenses fell 1% while revenue fell 10%. The fastest-growing cost line was General & admin (+12%). The quarter ended with a net loss of $34.5M, after a profit of $89.1M the previous quarter.
Operating cash flow was −$22.0M. Non-cash charges added back $14.7M of depreciation and amortization and $6.0M of share-based compensation. Working capital and other items used $8.1M. Capital expenditures of $3.1M exceeded it, leaving free cash flow of −$25.1M.
Questions
What was Ribbon Communications' revenue in the first quarter 2026?
Ribbon Communications (RBBN) reported revenue of $163M for the first quarter 2026 (Q1 2026), -10% from a year earlier and -28% from the quarter before.
Was Ribbon Communications profitable in the first quarter 2026?
Operating loss was $31.7M (-19.5% of revenue) and net loss $34.5M.