Ribbon Communications Inc. (RBBN) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -22M | 29.24M | 26.49M | -795K | -3.54M | 61.77M | -14.85M | -9.78M | 13.1M | 20.14M | -11.63M | -2.56M | 11.13M | 16.1M | -18.07M | -39.42M | 15.03M | 11.28M | -131K | 14.24M |
| Operating CF Margin % | -13.53% | 12.86% | 12.3% | -0.36% | -1.95% | 24.57% | -7.06% | -5.08% | 7.29% | 8.9% | -5.72% | -1.21% | 5.98% | 6.89% | -8.73% | -19.15% | 8.68% | 4.89% | -0.06% | 6.74% |
| Operating CF Growth % | -522.23% | -52.66% | 278.39% | 91.87% | -126.98% | 206.7% | -27.72% | -282.1% | 17.67% | 25.1% | 35.68% | 93.51% | -25.93% | 42.67% | -13697.71% | -376.77% | 341.95% | -68.93% | -100.46% | 542.3% |
| Net Income | -34.49M | 89.06M | -12.11M | -11.09M | -26.23M | 6.36M | -13.42M | -16.82M | -30.36M | 7.08M | -13.5M | -21.48M | -38.3M | 20.49M | -18.42M | -30.18M | -69.97M | -96.31M | -59.43M | 23.24M |
| Depreciation & Amortization | 14.68M | 15.65M | 15.41M | 15.54M | 15.01M | 15.19M | 16.14M | 16.42M | 16.65M | 16.67M | 17.92M | 18.25M | 18.16M | 18.58M | 19.19M | 19.29M | 19.43M | 20.68M | 21.43M | 21.43M |
| Stock-Based Compensation | 5.96M | 4.79M | 5.84M | 4.48M | 4.3M | 4.03M | 4.04M | 3.49M | 4.52M | 4.89M | 4.95M | 6.12M | 5.85M | 5.21M | 4.84M | 4.4M | 4.25M | 5.01M | 4.56M | 4.79M |
| Deferred Taxes | -7.63M | 0 | 9.04M | -4.36M | -4.63M | -2.27M | -6.51M | -5.48M | -2.62M | -5.58M | 3.33M | -898K | -6.05M | 820K | -9.17M | -3.13M | -6.77M | -42.3M | -4.21M | 625K |
| Other Non-Cash Items | -514K | -86.88M | 642K | 2.71M | -2.36M | 7.57M | -557K | -1.31M | 3.6M | 1.47M | 1.37M | 1.18M | -8.42M | 1.29M | 4.38M | 10.78M | 28.66M | 124.81M | 57.34M | -15.2M |
| Working Capital Changes | 0 | 6.62M | 7.66M | -8.07M | 10.37M | 30.89M | -14.55M | -6.08M | 21.3M | -4.39M | -25.69M | -5.73M | 39.9M | -30.29M | -18.9M | -40.58M | 39.44M | -604K | -19.82M | -20.64M |
| Change in Receivables | 27.23M | -14.23M | 29.68M | -24.88M | 29.46M | -6.48M | -37.25M | 762K | 55.38M | -25.62M | 9.81M | 1.79M | 19.74M | -30.32M | 20.59M | -36.44M | 60.46M | -49.17M | -15.47M | -10.72M |
| Change in Inventory | -4.6M | 616K | 2.44M | -1.27M | -1.55M | -1.99M | 2.77M | -26K | -4.38M | -6.37M | -2.11M | 696K | -2.92M | -8.1M | -6.96M | -5.21M | -11.84M | -9.28M | 1.78M | -1.2M |
| Change in Payables | -3.39M | 1.76M | -10.1M | 7.27M | -2.18M | 1.56M | 12.96M | -2.7M | -17.84M | 11.78M | -20.54M | 8.66M | -10.4M | 21.86M | -26.4M | 3.55M | 540K | 32.29M | 5.7M | 292K |
| Cash from Investing | -3.07M | -1.97M | -5.54M | -5.68M | -12.15M | -7.98M | -9.01M | -3.21M | -2.66M | -2.86M | -2.53M | -1.68M | -2.41M | 908K | -6.53M | -3.04M | -3.47M | -2.85M | -3.71M | -2.27M |
| Capital Expenditures | -3.07M | -1.97M | -5.54M | -5.68M | -12.15M | -7.98M | -8.81M | -3.1M | -2.51M | -2.76M | -2.53M | -1.68M | -2.41M | 908K | -3.23M | -3.04M | -3.47M | -2.85M | -3.71M | -5.21M |
| CapEx % of Revenue | 1.89% | 0.87% | 2.57% | 2.58% | 6.7% | 3.17% | 4.19% | 1.61% | 1.4% | 1.22% | 1.24% | 0.8% | 1.3% | 0.39% | 1.56% | 1.48% | 2% | 1.24% | 1.76% | 2.47% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | -199K | -113K | -150K | -100K | 0 | 0 | 0 | 0 | -3.3M | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -3.11M | -5.94M | -6.1M | -5.58M | -1.81M | -2.47M | -3.28M | 49.3M | -5.84M | -15.7M | 4.54M | -6.59M | -30.12M | -5.28M | 44.57M | -15.97M | -22.39M | -5.67M | -7.16M | -6.08M |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 0 | -3.22M | -3.48M | -2.25M | 1K | 0 | 0 | -56.85M | 0 | 0 | 0 | 0 | 53.35M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -824K | -3.22M | -3.48M | -2.25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -3.11M | -530K | -431K | -2.46M | -938K | -1.6M | -2.4M | -5.77M | -829K | -682K | -443K | -1.57M | -3.45M | -100K | 49.68M | -810K | -2.18M | -484K | -1.92M | -831K |
| Net Change in Cash | -28.53M | 21.36M | 14.49M | -11.54M | -16.66M | 50.39M | -27.32M | 36.48M | 4.3M | 2.13M | -10.14M | -11.39M | -21.23M | 11.33M | 17.67M | -57.2M | -11.02M | 2.73M | -11.05M | 5.91M |
| Free Cash Flow | -25.07M | 27.27M | 20.95M | -6.48M | -15.68M | 53.79M | -23.86M | -12.99M | 10.44M | 17.28M | -14.15M | -4.24M | 8.72M | 17.01M | -24.6M | -42.46M | 11.56M | 8.43M | -3.84M | 9.03M |
| FCF Margin % | -15.42% | 11.99% | 9.73% | -2.94% | -8.65% | 21.4% | -11.35% | -6.74% | 5.81% | 7.63% | -6.97% | -2.01% | 4.68% | 7.28% | -11.88% | -20.63% | 6.67% | 3.66% | -1.83% | 4.27% |
| FCF Growth % | -59.83% | -49.31% | 187.8% | 50.14% | -250.27% | 211.31% | -68.58% | -206.61% | 19.69% | 1.6% | 42.47% | 90.02% | -24.56% | 101.73% | -540.73% | -570.27% | 199.91% | -70.19% | -115.52% | 174.66% |
| FCF per Share | -0.14 | 0.15 | 0.12 | -0.04 | -0.09 | 0.30 | -0.14 | -0.07 | 0.06 | 0.10 | -0.08 | -0.02 | 0.05 | 0.10 | -0.15 | -0.28 | 0.08 | 0.06 | -0.03 | 0.06 |
| FCF Conversion (FCF/Net Income) | 0.64x | 0.33x | -2.19x | 0.07x | 0.13x | 9.71x | 1.11x | 0.58x | -0.43x | 2.84x | 0.86x | 0.12x | -0.29x | 0.79x | 0.98x | 1.31x | -0.21x | -0.12x | 0.00x | 0.61x |
| Interest Paid | 0 | 0 | 0 | 0 | 9.38M | 10.12M | 10.63M | 5.9M | 6.32M | 6.97M | 6.99M | 6.86M | 4.76M | 0 | 5.35M | 4.38M | 3.45M | 3.46M | 3.4M | 3.69M |
| Taxes Paid | 0 | 0 | 0 | 0 | 3.06M | -12.81M | 3.14M | 6.53M | 3.14M | 9.15M | 2.78M | 5.43M | 1.52M | 0 | 8.7M | 3.38M | 2.58M | 2.5M | 2.13M | 2.16M |