vs

Side-by-side financial comparison of Business First Bancshares, Inc. (BFST) 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 $83.1M, roughly 2.0× Business First Bancshares, Inc.). On growth, Business First Bancshares, Inc. posted the faster year-over-year revenue change (7.1% vs -10.3%). Over the past eight quarters, Business First Bancshares, Inc.'s revenue compounded faster (16.8% CAGR vs -8.1%).

First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina and one of the largest banks in the United States. Its primary subsidiary is First Citizens Bank, which operates over 500 branches in 23 states. A second subsidiary is Silicon Valley Bank, which operates 39 offices in 15 states.

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.

BFST vs RBBN — Head-to-Head

Bigger by revenue
RBBN
RBBN
2.0× larger
RBBN
$162.6M
$83.1M
BFST
Growing faster (revenue YoY)
BFST
BFST
+17.4% gap
BFST
7.1%
-10.3%
RBBN
Faster 2-yr revenue CAGR
BFST
BFST
Annualised
BFST
16.8%
-8.1%
RBBN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BFST
BFST
RBBN
RBBN
Revenue
$83.1M
$162.6M
Net Profit
$89.1M
Gross Margin
42.9%
Operating Margin
33.2%
Net Margin
54.8%
Revenue YoY
7.1%
-10.3%
Net Profit YoY
EPS (diluted)
$0.71
$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
BFST
BFST
RBBN
RBBN
Q1 26
$162.6M
Q4 25
$83.1M
$227.3M
Q3 25
$80.9M
$215.4M
Q2 25
$81.5M
$220.6M
Q1 25
$79.2M
$181.3M
Q4 24
$77.6M
$251.4M
Q3 24
$66.9M
$210.2M
Q2 24
$66.2M
$192.6M
Net Profit
BFST
BFST
RBBN
RBBN
Q1 26
$89.1M
Q4 25
Q3 25
$22.9M
$-12.1M
Q2 25
$22.1M
$-11.1M
Q1 25
$20.5M
$-26.2M
Q4 24
Q3 24
$17.8M
$-13.4M
Q2 24
$17.2M
$-16.8M
Gross Margin
BFST
BFST
RBBN
RBBN
Q1 26
42.9%
Q4 25
53.3%
Q3 25
50.1%
Q2 25
49.6%
Q1 25
45.4%
Q4 24
55.7%
Q3 24
52.1%
Q2 24
50.8%
Operating Margin
BFST
BFST
RBBN
RBBN
Q1 26
Q4 25
33.2%
4.1%
Q3 25
35.7%
1.3%
Q2 25
34.4%
1.9%
Q1 25
32.6%
-10.8%
Q4 24
27.5%
13.2%
Q3 24
34.0%
-0.4%
Q2 24
32.9%
-1.0%
Net Margin
BFST
BFST
RBBN
RBBN
Q1 26
54.8%
Q4 25
Q3 25
28.2%
-5.6%
Q2 25
27.1%
-5.0%
Q1 25
25.9%
-14.5%
Q4 24
Q3 24
26.7%
-6.4%
Q2 24
26.0%
-8.7%
EPS (diluted)
BFST
BFST
RBBN
RBBN
Q1 26
$0.50
Q4 25
$0.71
$0.50
Q3 25
$0.73
$-0.07
Q2 25
$0.70
$-0.06
Q1 25
$0.65
$-0.15
Q4 24
$0.51
$0.05
Q3 24
$0.65
$-0.08
Q2 24
$0.62
$-0.10

Balance Sheet & Financial Strength

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

Metric
BFST
BFST
RBBN
RBBN
Cash + ST InvestmentsLiquidity on hand
$411.2M
$67.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$896.9M
$419.1M
Total Assets
$8.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BFST
BFST
RBBN
RBBN
Q1 26
$67.6M
Q4 25
$411.2M
$96.4M
Q3 25
$399.1M
$74.8M
Q2 25
$495.8M
$60.5M
Q1 25
$312.9M
$71.2M
Q4 24
$319.1M
$87.8M
Q3 24
$213.2M
$37.2M
Q2 24
$208.1M
$64.6M
Total Debt
BFST
BFST
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
BFST
BFST
RBBN
RBBN
Q1 26
$419.1M
Q4 25
$896.9M
$449.0M
Q3 25
$878.4M
$360.1M
Q2 25
$848.4M
$370.4M
Q1 25
$826.3M
$381.8M
Q4 24
$799.5M
$404.6M
Q3 24
$699.5M
$395.5M
Q2 24
$664.5M
$405.0M
Total Assets
BFST
BFST
RBBN
RBBN
Q1 26
Q4 25
$8.2B
$1.2B
Q3 25
$8.0B
$1.1B
Q2 25
$7.9B
$1.1B
Q1 25
$7.8B
$1.1B
Q4 24
$7.9B
$1.2B
Q3 24
$6.9B
$1.1B
Q2 24
$6.7B
$1.1B
Debt / Equity
BFST
BFST
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
BFST
BFST
RBBN
RBBN
Operating Cash FlowLast quarter
$92.1M
Free Cash FlowOCF − Capex
$92.0M
FCF MarginFCF / Revenue
110.7%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$165.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BFST
BFST
RBBN
RBBN
Q1 26
Q4 25
$92.1M
$29.2M
Q3 25
$32.4M
$26.5M
Q2 25
$14.0M
$-795.0K
Q1 25
$28.7M
$-3.5M
Q4 24
$61.4M
$61.8M
Q3 24
$21.4M
$-14.8M
Q2 24
$15.1M
$-9.8M
Free Cash Flow
BFST
BFST
RBBN
RBBN
Q1 26
Q4 25
$92.0M
$27.3M
Q3 25
$32.1M
$21.0M
Q2 25
$13.8M
$-6.5M
Q1 25
$27.7M
$-15.7M
Q4 24
$59.8M
$53.8M
Q3 24
$21.0M
$-23.7M
Q2 24
$14.0M
$-12.9M
FCF Margin
BFST
BFST
RBBN
RBBN
Q1 26
Q4 25
110.7%
12.0%
Q3 25
39.6%
9.7%
Q2 25
16.9%
-2.9%
Q1 25
34.9%
-8.7%
Q4 24
77.1%
21.4%
Q3 24
31.4%
-11.3%
Q2 24
21.2%
-6.7%
Capex Intensity
BFST
BFST
RBBN
RBBN
Q1 26
Q4 25
0.1%
0.9%
Q3 25
0.4%
2.6%
Q2 25
0.3%
2.6%
Q1 25
1.3%
6.7%
Q4 24
2.0%
3.2%
Q3 24
0.6%
4.2%
Q2 24
1.6%
1.6%
Cash Conversion
BFST
BFST
RBBN
RBBN
Q1 26
Q4 25
Q3 25
1.42×
Q2 25
0.63×
Q1 25
1.40×
Q4 24
Q3 24
1.20×
Q2 24
0.88×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BFST
BFST

Segment breakdown not available.

RBBN
RBBN

Service$94.5M58%
Product$68.1M42%

Related Comparisons