Ribbon Communications posted 2Q 2026 revenue of $192 million, up $30 million quarter-on-quarter but down $28 million year-on-year.
GAAP net loss widened to $27 million, with diluted EPS of ($0.15); GAAP operating loss narrowed to $12 million.
Non-GAAP adjusted EBITDA swung to a gain of $12 million from a loss in 1Q 2026, while non-GAAP gross margin rose 3.5 percentage points sequentially to 49%.
Cloud and Edge revenue fell $26 million year-on-year to $111 million, with management citing U.S. service provider timing; IP Optical Networks revenue slipped $2 million to $82 million.
Ribbon forecast 3Q revenue of $215 million to $230 million, with non-GAAP adjusted EBITDA of $26 million to $31 million.
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