vs

Side-by-side financial comparison of Bowman Consulting Group Ltd. (BWMN) 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 $129.0M, roughly 1.3× Bowman Consulting Group Ltd.). Ribbon Communications Inc. runs the higher net margin — 54.8% vs 1.5%, a 53.2% gap on every dollar of revenue. On growth, Bowman Consulting Group Ltd. posted the faster year-over-year revenue change (13.9% vs -10.3%). Over the past eight quarters, Bowman Consulting Group Ltd.'s revenue compounded faster (16.6% CAGR vs -8.1%).

SLR Consulting is a privately owned international sustainability consultancy with offices in Europe, North America, South America, Australasia, and Africa. In 2019, it reported revenues of £150.8 million. Its purpose is ‘Making Sustainability Happen’, which it achieves through its global team of expert advisors and technicians, who partner with clients to tackle some of the world’s most complex sustainability challenges. Its ultimate owner is Solar Holdings Topco Limited.

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.

BWMN vs RBBN — Head-to-Head

Bigger by revenue
RBBN
RBBN
1.3× larger
RBBN
$162.6M
$129.0M
BWMN
Growing faster (revenue YoY)
BWMN
BWMN
+24.2% gap
BWMN
13.9%
-10.3%
RBBN
Higher net margin
RBBN
RBBN
53.2% more per $
RBBN
54.8%
1.5%
BWMN
Faster 2-yr revenue CAGR
BWMN
BWMN
Annualised
BWMN
16.6%
-8.1%
RBBN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
BWMN
BWMN
RBBN
RBBN
Revenue
$129.0M
$162.6M
Net Profit
$2.0M
$89.1M
Gross Margin
55.0%
42.9%
Operating Margin
3.2%
37.6%
Net Margin
1.5%
54.8%
Revenue YoY
13.9%
-10.3%
Net Profit YoY
-66.7%
EPS (diluted)
$0.13
$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
BWMN
BWMN
RBBN
RBBN
Q1 26
$162.6M
Q4 25
$129.0M
$227.3M
Q3 25
$126.0M
$215.4M
Q2 25
$122.1M
$220.6M
Q1 25
$112.9M
$181.3M
Q4 24
$113.2M
$251.4M
Q3 24
$113.9M
$210.2M
Q2 24
$104.5M
$192.6M
Net Profit
BWMN
BWMN
RBBN
RBBN
Q1 26
$89.1M
Q4 25
$2.0M
Q3 25
$6.6M
$-12.1M
Q2 25
$6.0M
$-11.1M
Q1 25
$-1.7M
$-26.2M
Q4 24
$5.9M
Q3 24
$771.0K
$-13.4M
Q2 24
$-2.1M
$-16.8M
Gross Margin
BWMN
BWMN
RBBN
RBBN
Q1 26
42.9%
Q4 25
55.0%
53.3%
Q3 25
53.1%
50.1%
Q2 25
53.7%
49.6%
Q1 25
51.4%
45.4%
Q4 24
53.2%
55.7%
Q3 24
52.4%
52.1%
Q2 24
52.5%
50.8%
Operating Margin
BWMN
BWMN
RBBN
RBBN
Q1 26
37.6%
Q4 25
3.2%
4.1%
Q3 25
4.2%
1.3%
Q2 25
7.4%
1.9%
Q1 25
1.0%
-10.8%
Q4 24
1.2%
13.2%
Q3 24
0.4%
-0.4%
Q2 24
-1.2%
-1.0%
Net Margin
BWMN
BWMN
RBBN
RBBN
Q1 26
54.8%
Q4 25
1.5%
Q3 25
5.3%
-5.6%
Q2 25
4.9%
-5.0%
Q1 25
-1.5%
-14.5%
Q4 24
5.2%
Q3 24
0.7%
-6.4%
Q2 24
-2.0%
-8.7%
EPS (diluted)
BWMN
BWMN
RBBN
RBBN
Q1 26
$0.50
Q4 25
$0.13
$0.50
Q3 25
$0.37
$-0.07
Q2 25
$0.34
$-0.06
Q1 25
$-0.11
$-0.15
Q4 24
$0.37
$0.05
Q3 24
$0.04
$-0.08
Q2 24
$-0.13
$-0.10

Balance Sheet & Financial Strength

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

Metric
BWMN
BWMN
RBBN
RBBN
Cash + ST InvestmentsLiquidity on hand
$11.1M
$67.6M
Total DebtLower is stronger
$57.6M
Stockholders' EquityBook value
$261.1M
$419.1M
Total Assets
$579.7M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BWMN
BWMN
RBBN
RBBN
Q1 26
$67.6M
Q4 25
$11.1M
$96.4M
Q3 25
$16.2M
$74.8M
Q2 25
$15.5M
$60.5M
Q1 25
$10.7M
$71.2M
Q4 24
$6.7M
$87.8M
Q3 24
$11.7M
$37.2M
Q2 24
$23.1M
$64.6M
Total Debt
BWMN
BWMN
RBBN
RBBN
Q1 26
Q4 25
$57.6M
$342.1M
Q3 25
$29.8M
$344.3M
Q2 25
$32.0M
$346.5M
Q1 25
$36.4M
$347.4M
Q4 24
$38.1M
$348.3M
Q3 24
$36.4M
$349.1M
Q2 24
$38.8M
$350.0M
Stockholders' Equity
BWMN
BWMN
RBBN
RBBN
Q1 26
$419.1M
Q4 25
$261.1M
$449.0M
Q3 25
$261.8M
$360.1M
Q2 25
$249.6M
$370.4M
Q1 25
$244.1M
$381.8M
Q4 24
$246.1M
$404.6M
Q3 24
$243.2M
$395.5M
Q2 24
$235.6M
$405.0M
Total Assets
BWMN
BWMN
RBBN
RBBN
Q1 26
Q4 25
$579.7M
$1.2B
Q3 25
$510.2M
$1.1B
Q2 25
$538.2M
$1.1B
Q1 25
$528.7M
$1.1B
Q4 24
$505.9M
$1.2B
Q3 24
$497.0M
$1.1B
Q2 24
$463.4M
$1.1B
Debt / Equity
BWMN
BWMN
RBBN
RBBN
Q1 26
Q4 25
0.22×
0.76×
Q3 25
0.11×
0.96×
Q2 25
0.13×
0.94×
Q1 25
0.15×
0.91×
Q4 24
0.15×
0.86×
Q3 24
0.15×
0.88×
Q2 24
0.16×
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
BWMN
BWMN
RBBN
RBBN
Operating Cash FlowLast quarter
$9.4M
Free Cash FlowOCF − Capex
$8.1M
FCF MarginFCF / Revenue
6.3%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
4.76×
TTM Free Cash FlowTrailing 4 quarters
$33.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BWMN
BWMN
RBBN
RBBN
Q1 26
Q4 25
$9.4M
$29.2M
Q3 25
$10.2M
$26.5M
Q2 25
$4.3M
$-795.0K
Q1 25
$12.0M
$-3.5M
Q4 24
$11.9M
$61.8M
Q3 24
$6.8M
$-14.8M
Q2 24
$3.1M
$-9.8M
Free Cash Flow
BWMN
BWMN
RBBN
RBBN
Q1 26
Q4 25
$8.1M
$27.3M
Q3 25
$10.1M
$21.0M
Q2 25
$4.2M
$-6.5M
Q1 25
$11.0M
$-15.7M
Q4 24
$11.7M
$53.8M
Q3 24
$6.6M
$-23.7M
Q2 24
$2.7M
$-12.9M
FCF Margin
BWMN
BWMN
RBBN
RBBN
Q1 26
Q4 25
6.3%
12.0%
Q3 25
8.0%
9.7%
Q2 25
3.4%
-2.9%
Q1 25
9.7%
-8.7%
Q4 24
10.4%
21.4%
Q3 24
5.8%
-11.3%
Q2 24
2.6%
-6.7%
Capex Intensity
BWMN
BWMN
RBBN
RBBN
Q1 26
Q4 25
0.9%
0.9%
Q3 25
0.0%
2.6%
Q2 25
0.1%
2.6%
Q1 25
0.9%
6.7%
Q4 24
0.2%
3.2%
Q3 24
0.2%
4.2%
Q2 24
0.3%
1.6%
Cash Conversion
BWMN
BWMN
RBBN
RBBN
Q1 26
Q4 25
4.76×
Q3 25
1.54×
Q2 25
0.71×
Q1 25
Q4 24
2.02×
Q3 24
8.81×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BWMN
BWMN

Segment breakdown not available.

RBBN
RBBN

Service$94.5M58%
Product$68.1M42%

Related Comparisons