Ribbon Communications (RBBN) Other Accumulated Expenses (2016 - 2024)
Ribbon Communications recorded quarterly Other Accumulated Expenses of $31.2 million in Q2 2024, down 2.91% quarter-over-quarter from $32.2 million in Q1 2024, and up 4.34% year-over-year from $29.9 million in Q3 2023.
Ribbon Communications' Other Accumulated Expenses history runs 9 years deep, the most recent figure standing at $31.2 million for Q2 2024.
- In Q2 2024, Other Accumulated Expenses rose 4.34% year-over-year to $31.2 million; the TTM figure through Jun 2024 stood at $31.2 million (up 4.34% YoY), while the FY2023 annual figure was $29.9 million, down 11.82% from the prior year.
- Other Accumulated Expenses came in at $31.2 million for Q2 2024 at Ribbon Communications, down 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 jumped 324.77% in 2020 and sank 41.27% in 2023, its largest moves.
- Ribbon Communications' Other Accumulated Expenses stood at $68.8 million in 2020, then retreated by 29.75% to $48.3 million in 2021, then dropped by 29.82% to $33.9 million in 2022, then declined by 11.82% to $29.9 million in 2023, then advanced by 4.44% to $31.2 million in 2024.
- According to Business Quant data, Other Accumulated Expenses over the past three periods registered $31.2 million, $32.2 million, and $29.9 million for Q2 2024, Q1 2024, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn |
| 10 | Ribbon Communications | 490.09 Mn | 420.50 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 |
| Jun 30, 2019 | 29.41 Mn |
| Mar 31, 2019 | 19.69 Mn |
| Dec 31, 2018 | 18.42 Mn |
| Sep 30, 2018 | 17.44 Mn |
| Jun 30, 2018 | 18.57 Mn |
| Mar 31, 2018 | 19.23 Mn |
| Dec 31, 2017 | 24.86 Mn |
| Dec 31, 2016 | 9.92 Mn |