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Side-by-side financial comparison of Azenta, Inc. (AZTA) and Ribbon Communications Inc. (RBBN). Click either name above to swap in a different company.

Ribbon Communications Inc. is the larger business by last-quarter revenue ($162.6M vs $148.6M, roughly 1.1× Azenta, Inc.). Ribbon Communications Inc. runs the higher net margin — 54.8% vs -10.4%, a 65.2% gap on every dollar of revenue. On growth, Azenta, Inc. posted the faster year-over-year revenue change (0.8% vs -10.3%). Over the past eight quarters, Azenta, Inc.'s revenue compounded faster (4.4% CAGR vs -8.1%).

Azenta, was founded in 1978, and is based in Chelmsford, Massachusetts, United States. The company is a provider of life sciences services including genomics, cryogenic storage, automation, and informatics.

Ribbon Communications Inc. is a public company that makes software, IP and optical networking solutions for service providers, enterprises and critical infrastructure sectors. The company was formed in 2017, following the merger of Genband and Sonus Networks and is headquartered in Plano, Texas.

AZTA vs RBBN — Head-to-Head

Bigger by revenue
RBBN
RBBN
1.1× larger
RBBN
$162.6M
$148.6M
AZTA
Growing faster (revenue YoY)
AZTA
AZTA
+11.1% gap
AZTA
0.8%
-10.3%
RBBN
Higher net margin
RBBN
RBBN
65.2% more per $
RBBN
54.8%
-10.4%
AZTA
Faster 2-yr revenue CAGR
AZTA
AZTA
Annualised
AZTA
4.4%
-8.1%
RBBN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
AZTA
AZTA
RBBN
RBBN
Revenue
$148.6M
$162.6M
Net Profit
$-15.4M
$89.1M
Gross Margin
42.9%
42.9%
Operating Margin
-4.9%
37.6%
Net Margin
-10.4%
54.8%
Revenue YoY
0.8%
-10.3%
Net Profit YoY
-15.7%
EPS (diluted)
$-0.34
$0.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AZTA
AZTA
RBBN
RBBN
Q1 26
$162.6M
Q4 25
$148.6M
$227.3M
Q3 25
$159.2M
$215.4M
Q2 25
$143.9M
$220.6M
Q1 25
$143.3M
$181.3M
Q4 24
$147.4M
$251.4M
Q3 24
$150.6M
$210.2M
Q2 24
$144.3M
$192.6M
Net Profit
AZTA
AZTA
RBBN
RBBN
Q1 26
$89.1M
Q4 25
$-15.4M
Q3 25
$50.9M
$-12.1M
Q2 25
$-48.0M
$-11.1M
Q1 25
$-47.7M
$-26.2M
Q4 24
$-11.0M
Q3 24
$-6.6M
$-13.4M
Q2 24
$-6.6M
$-16.8M
Gross Margin
AZTA
AZTA
RBBN
RBBN
Q1 26
42.9%
Q4 25
42.9%
53.3%
Q3 25
45.4%
50.1%
Q2 25
46.2%
49.6%
Q1 25
43.8%
45.4%
Q4 24
46.7%
55.7%
Q3 24
45.5%
52.1%
Q2 24
44.8%
50.8%
Operating Margin
AZTA
AZTA
RBBN
RBBN
Q1 26
37.6%
Q4 25
-4.9%
4.1%
Q3 25
1.2%
1.3%
Q2 25
-1.3%
1.9%
Q1 25
-12.7%
-10.8%
Q4 24
-5.9%
13.2%
Q3 24
-3.1%
-0.4%
Q2 24
-4.9%
-1.0%
Net Margin
AZTA
AZTA
RBBN
RBBN
Q1 26
54.8%
Q4 25
-10.4%
Q3 25
32.0%
-5.6%
Q2 25
-33.4%
-5.0%
Q1 25
-33.3%
-14.5%
Q4 24
-7.5%
Q3 24
-4.4%
-6.4%
Q2 24
-4.5%
-8.7%
EPS (diluted)
AZTA
AZTA
RBBN
RBBN
Q1 26
$0.50
Q4 25
$-0.34
$0.50
Q3 25
$1.12
$-0.07
Q2 25
$-1.05
$-0.06
Q1 25
$-1.04
$-0.15
Q4 24
$-0.25
$0.05
Q3 24
$-0.25
$-0.08
Q2 24
$-0.12
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AZTA
AZTA
RBBN
RBBN
Cash + ST InvestmentsLiquidity on hand
$336.6M
$67.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.7B
$419.1M
Total Assets
$2.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AZTA
AZTA
RBBN
RBBN
Q1 26
$67.6M
Q4 25
$336.6M
$96.4M
Q3 25
$279.8M
$74.8M
Q2 25
$270.0M
$60.5M
Q1 25
$253.6M
$71.2M
Q4 24
$377.5M
$87.8M
Q3 24
$280.0M
$37.2M
Q2 24
$336.5M
$64.6M
Total Debt
AZTA
AZTA
RBBN
RBBN
Q1 26
Q4 25
$342.1M
Q3 25
$344.3M
Q2 25
$346.5M
Q1 25
$347.4M
Q4 24
$348.3M
Q3 24
$349.1M
Q2 24
$350.0M
Stockholders' Equity
AZTA
AZTA
RBBN
RBBN
Q1 26
$419.1M
Q4 25
$1.7B
$449.0M
Q3 25
$1.7B
$360.1M
Q2 25
$1.7B
$370.4M
Q1 25
$1.7B
$381.8M
Q4 24
$1.7B
$404.6M
Q3 24
$1.8B
$395.5M
Q2 24
$2.0B
$405.0M
Total Assets
AZTA
AZTA
RBBN
RBBN
Q1 26
Q4 25
$2.1B
$1.2B
Q3 25
$2.1B
$1.1B
Q2 25
$2.0B
$1.1B
Q1 25
$2.0B
$1.1B
Q4 24
$2.0B
$1.2B
Q3 24
$2.1B
$1.1B
Q2 24
$2.3B
$1.1B
Debt / Equity
AZTA
AZTA
RBBN
RBBN
Q1 26
Q4 25
0.76×
Q3 25
0.96×
Q2 25
0.94×
Q1 25
0.91×
Q4 24
0.86×
Q3 24
0.88×
Q2 24
0.86×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AZTA
AZTA
RBBN
RBBN
Operating Cash FlowLast quarter
$20.8M
Free Cash FlowOCF − Capex
$14.7M
FCF MarginFCF / Revenue
9.9%
Capex IntensityCapex / Revenue
4.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$30.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AZTA
AZTA
RBBN
RBBN
Q1 26
Q4 25
$20.8M
$29.2M
Q3 25
$2.2M
$26.5M
Q2 25
$25.8M
$-795.0K
Q1 25
$14.4M
$-3.5M
Q4 24
$29.8M
$61.8M
Q3 24
$17.7M
$-14.8M
Q2 24
$9.8M
$-9.8M
Free Cash Flow
AZTA
AZTA
RBBN
RBBN
Q1 26
Q4 25
$14.7M
$27.3M
Q3 25
$-5.7M
$21.0M
Q2 25
$15.0M
$-6.5M
Q1 25
$7.0M
$-15.7M
Q4 24
$22.0M
$53.8M
Q3 24
$8.3M
$-23.7M
Q2 24
$1.3M
$-12.9M
FCF Margin
AZTA
AZTA
RBBN
RBBN
Q1 26
Q4 25
9.9%
12.0%
Q3 25
-3.6%
9.7%
Q2 25
10.4%
-2.9%
Q1 25
4.9%
-8.7%
Q4 24
15.0%
21.4%
Q3 24
5.5%
-11.3%
Q2 24
0.9%
-6.7%
Capex Intensity
AZTA
AZTA
RBBN
RBBN
Q1 26
Q4 25
4.2%
0.9%
Q3 25
4.9%
2.6%
Q2 25
7.5%
2.6%
Q1 25
5.2%
6.7%
Q4 24
5.3%
3.2%
Q3 24
6.2%
4.2%
Q2 24
5.9%
1.6%
Cash Conversion
AZTA
AZTA
RBBN
RBBN
Q1 26
Q4 25
Q3 25
0.04×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AZTA
AZTA

Multiomics$67.2M45%
Core Products$47.6M32%
Sample Repository Solutions$33.8M23%

RBBN
RBBN

Service$94.5M58%
Product$68.1M42%

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