Ribbon Communications (RBBN) Other Accumulated Expenses (2016 - 2024)
Ribbon Communications (RBBN) reported Other Accumulated Expenses of $31.2 million for Q2 2024, up 4.34% on a YoY basis from $29.9 million in Q3 2023, and down 2.91% sequentially from $32.2 million in Q1 2024.
Ribbon Communications (RBBN) Other Accumulated Expenses (2016 - 2024) Analysis & Trends
Ribbon Communications (RBBN) has 9 years of Other Accumulated Expenses data on file, last reported at $31.2 million in Q2 2024.
- For the quarter ending Q2 2024, Other Accumulated Expenses rose 4.34% year-over-year to $31.2 million; the trailing twelve-month figure through Jun 2024 stood at $31.2 million (up 4.34% YoY), and the FY2023 full-year result was $29.9 million, down 11.82% from the prior year.
- Other Accumulated Expenses declined to $31.2 million in Q2 2024, from $32.2 million in the prior quarter.
- In the past five years, Other Accumulated Expenses ranged from a high of $68.8 million in Q4 2020 to a low of $29.9 million in Q4 2023.
- A 5-year average of $45.8 million and a median of $49.0 million in 2021 frame the typical range for Other Accumulated Expenses.
- Across the five-year window, Other Accumulated Expenses soared 324.77% in 2020 and plunged 41.27% in 2023, its largest moves.
- Tracing RBBN's Other Accumulated Expenses over 5 years: stood at $68.8 million in 2020, then declined by 29.75% to $48.3 million in 2021, then decreased by 29.82% to $33.9 million in 2022, then slipped by 11.82% to $29.9 million in 2023, then rose by 4.44% to $31.2 million in 2024.
- Business Quant data shows RBBN's Other Accumulated Expenses at $31.2 million in Q2 2024, $32.2 million in Q1 2024, and $29.9 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 198.30 Bn | 178.07 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 191.16 Bn | 188.45 Bn | - |
| 3 | Shopify | 159.41 Bn | 153.66 Bn | 1.55 Bn |
| 4 | Salesforce | 148.96 Bn | 137.12 Bn | 8.56 Bn |
| 5 | Uber Technologies | 136.67 Bn | 135.46 Bn | 5.95 Bn |
| 6 | ServiceNow | 105.96 Bn | 101.30 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 101.92 Bn | 98.69 Bn | 2.87 Bn |
| 8 | Snowflake | 95.13 Bn | 92.18 Bn | 926.45 Mn |
| 9 | Adobe | 94.44 Bn | 88.81 Bn | 5.90 Bn |
| 10 | Ribbon Communications | 357.47 Mn | 287.87 Mn | 69.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 31.25 Mn |
| Mar 31, 2024 | 32.19 Mn |
| Dec 31, 2023 | 29.92 Mn |
| Sep 30, 2023 | 33.10 Mn |
| Jun 30, 2023 | 29.95 Mn |
| Mar 31, 2023 | 37.50 Mn |
| Dec 31, 2022 | 33.93 Mn |
| Sep 30, 2022 | 54.24 Mn |
| Jun 30, 2022 | 50.99 Mn |
| Mar 31, 2022 | 43.82 Mn |
| Dec 31, 2021 | 48.35 Mn |
| Sep 30, 2021 | 55.29 Mn |
| Jun 30, 2021 | 49.55 Mn |
| Mar 31, 2021 | 57.06 Mn |
| Dec 31, 2020 | 68.83 Mn |
| Sep 30, 2020 | 63.92 Mn |
| Jun 30, 2020 | 52.27 Mn |
| Mar 31, 2020 | 53.00 Mn |
| Dec 31, 2019 | 16.20 Mn |
| Sep 30, 2019 | 24.62 Mn |