Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.
Piotroski F-score
6 / 9
PASSReturn on assets positiveROA 3.3%
PASSOperating cash flow positiveOCF 51M
PASSReturn on assets improving-4.7% → 3.3%
PASSCash flow exceeds earningsOCF 51M vs NI 40M
PASSLong-term debt ratio falling28.4% → 26.8% of assets
PASSCurrent ratio improving1.41 → 1.44
FAILNo share dilution174M → 180M shares
FAILGross margin improving52.7% → 49.8%
FAILAsset turnover improving0.72× → 0.70×
Altman Z-score
-0.71distress
Bankruptcy-risk screen combining working capital, retained earnings, operating income, market value against liabilities, and asset turnover. Above 2.99 is the safe zone; below 1.81 is distress.
Six-year record
Year
Revenue
Net income
Free cash flow
Gross margin
Shares
FY2020
$843.8M
$88.6M
$74.8M
58.4%
144,650,000
FY2021
$845.0M
−$177.2M
$2.0M
52.6%
147,575,000
FY2022
$819.8M
−$98.1M
−$36.6M
48.9%
156,668,000
FY2023
$826.3M
−$66.2M
$7.7M
49.4%
170,408,000
FY2024
$833.9M
−$54.2M
$27.8M
52.7%
174,044,000
Ownership flow
10 institutions tracked — 7 added, 2 reduced.
Institutional holders of Ribbon Communications Inc. and their share-count change
Manager
Kind
Shares
Change
Value
CITADEL ADVISORS LLC
Hedge fund
1,268,900
+676,111
$3.0M
BlackRock, Inc.
Index
7,146,590
+422,583
$16.7M
AQR CAPITAL MANAGEMENT LLC
Hedge fund
1,409,795
+152,448
$3.3M
GEODE CAPITAL MANAGEMENT, LLC
Index
2,485,064
+70,504
$5.8M
Capital returned
What the company actually paid out and bought back, as reported — the record behind any yield figure.
Shares repurchased
2026Q1
$824,000
2025Q3
$3.5M
2025Q2
$2.3M
Identity
CIK
0001708055
LEI
549300L1E8Z8RL7CUL52
SIC
7373 · Services-Computer Integrated Systems Design
Incorporated
DE
Headquarters
PLANO, TX
Ownership
Institutional
73.3%
Institutions
211
Insiders
18.8%
Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.
Other services-computer integrated systems design companies
How many subsidiaries does Ribbon Communications Inc. file with the SEC?
41, listed in its most recent exhibit 21. They are incorporated across 31 jurisdictions, led by Argentina, Australia, Brazil. That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is Ribbon Communications Inc. financially healthy?
Ribbon Communications Inc. scores 6 out of 9 on the Piotroski F-score. Its Altman Z-score puts it in the distress zone. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of Ribbon Communications Inc.?
Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are JPMORGAN CHASE & CO (trimming), BlackRock, Inc. (adding), GEODE CAPITAL MANAGEMENT, LLC (adding). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.
This page is one panel of the terminal
The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.
Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.
France
Ribbon Communications Germany GmbH
Germany
Ribbon Communications Hong Kong Limited
Hong Kong
Ribbon Communication Pvt. Ltd.
India
ECI Telecom India Private Limited
India
Ribbon Communications International Ltd.
Ireland
Ribbon Communications Israel Ltd.
Israel
ECI Telecom Group Ltd.
Israel
ECI Telecom Ltd.
Israel
Negev Telecom Ltd.
Israel
Ribbon Communications Italy S.R.L.
Italy
Ribbon Communications Kabushiki Kaisha
Japan
ECI Telecom Kenya Limited
Kenya
Ribbon Communications Malaysia Sdn. Bhd.
Malaysia
Ribbon Communications Mexico S. de R.L. de C.V.
Mexico
GENBAND Canada B.V.
Netherlands
Ribbon Networks B.V.
Netherlands
GENBAND NS B.V.
Netherlands
Ribbon Communications B.V.
Netherlands
Ribbon Communications Philippines, Inc.
Philippines
Ribbon Communications sp.z.o.o.
Poland
Ribbon Communications Rus Limited Liability Company
Russia
ECI Telecom 2005 LLC
Russia
Ribbon Networks Saudi Arabia for Information Technology
Saudi Arabia
Ribbon Communications Singapore Pte. Ltd.
Singapore
Ribbon Communications Spain, S.L.
Spain
Ribbon Communications Switzerland GmbH
Switzerland
Ribbon Networks Co., Ltd.
Taiwan
Ribbon Communications Operating Company, Inc. (Thailand Branch)
Thailand
ECI Telecom Ukraine LLC
Ukraine
ECI Telecom Holdings B.V. Vietnam Rep. Office
Vietnam
The Representative Office of Ribbon Networks B.V. in Hanoi City
Vietnam
Cash conversion
129.7%
Share count change
3.3%
FY2025
$844.6M
$39.6M
$26.1M
49.8%
179,822,000
MORGAN STANLEY
Active fund
379,790
−43,675
$888,711
STATE STREET CORP
Index
1,930,153
+20,126
$4.5M
BANK OF AMERICA CORP /DE/
Active fund
188,437
−19,793
$440,942
PRICE T ROWE ASSOCIATES INC /MD/
Active fund
85,744
+15,922
$201,000
FMR LLC
Active fund
6,856
+1,635
$16,044
JPMORGAN CHASE & CO
Active fund
52,042,936
−100
$115.5M
From 13F filings, which cover institutions managing over $100m and are filed up to 45 days after the quarter ends — so this is a considered position, not a live one, and it is not the whole shareholder register.