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

EPR PROPERTIES is the larger business by last-quarter revenue ($182.9M vs $162.6M, roughly 1.1× Ribbon Communications Inc.). Ribbon Communications Inc. runs the higher net margin — 54.8% vs 36.6%, a 18.2% gap on every dollar of revenue. On growth, EPR PROPERTIES posted the faster year-over-year revenue change (3.2% vs -10.3%). Over the past eight quarters, EPR PROPERTIES's revenue compounded faster (4.6% CAGR vs -8.1%).

EPR Properties, formerly Entertainment Properties Trust, is a real estate investment trust based in Kansas City, Missouri, that invests in amusement parks, movie theaters, ski resorts, and other entertainment properties. It owns 353 properties as of 2022.

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.

EPR vs RBBN — Head-to-Head

Bigger by revenue
EPR
EPR
1.1× larger
EPR
$182.9M
$162.6M
RBBN
Growing faster (revenue YoY)
EPR
EPR
+13.5% gap
EPR
3.2%
-10.3%
RBBN
Higher net margin
RBBN
RBBN
18.2% more per $
RBBN
54.8%
36.6%
EPR
Faster 2-yr revenue CAGR
EPR
EPR
Annualised
EPR
4.6%
-8.1%
RBBN

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EPR
EPR
RBBN
RBBN
Revenue
$182.9M
$162.6M
Net Profit
$66.9M
$89.1M
Gross Margin
42.9%
Operating Margin
56.8%
37.6%
Net Margin
36.6%
54.8%
Revenue YoY
3.2%
-10.3%
Net Profit YoY
897.0%
EPS (diluted)
$0.80
$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
EPR
EPR
RBBN
RBBN
Q1 26
$162.6M
Q4 25
$182.9M
$227.3M
Q3 25
$182.3M
$215.4M
Q2 25
$178.1M
$220.6M
Q1 25
$175.0M
$181.3M
Q4 24
$177.2M
$251.4M
Q3 24
$180.5M
$210.2M
Q2 24
$173.1M
$192.6M
Net Profit
EPR
EPR
RBBN
RBBN
Q1 26
$89.1M
Q4 25
$66.9M
Q3 25
$66.6M
$-12.1M
Q2 25
$75.6M
$-11.1M
Q1 25
$65.8M
$-26.2M
Q4 24
$-8.4M
Q3 24
$46.6M
$-13.4M
Q2 24
$45.1M
$-16.8M
Gross Margin
EPR
EPR
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
EPR
EPR
RBBN
RBBN
Q1 26
37.6%
Q4 25
56.8%
4.1%
Q3 25
53.5%
1.3%
Q2 25
62.5%
1.9%
Q1 25
58.1%
-10.8%
Q4 24
25.5%
13.2%
Q3 24
51.4%
-0.4%
Q2 24
45.9%
-1.0%
Net Margin
EPR
EPR
RBBN
RBBN
Q1 26
54.8%
Q4 25
36.6%
Q3 25
36.5%
-5.6%
Q2 25
42.5%
-5.0%
Q1 25
37.6%
-14.5%
Q4 24
-4.7%
Q3 24
25.8%
-6.4%
Q2 24
26.1%
-8.7%
EPS (diluted)
EPR
EPR
RBBN
RBBN
Q1 26
$0.50
Q4 25
$0.80
$0.50
Q3 25
$0.79
$-0.07
Q2 25
$0.91
$-0.06
Q1 25
$0.78
$-0.15
Q4 24
$-0.19
$0.05
Q3 24
$0.53
$-0.08
Q2 24
$0.51
$-0.10

Balance Sheet & Financial Strength

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

Metric
EPR
EPR
RBBN
RBBN
Cash + ST InvestmentsLiquidity on hand
$90.6M
$67.6M
Total DebtLower is stronger
$2.9B
Stockholders' EquityBook value
$2.3B
$419.1M
Total Assets
$5.7B
Debt / EquityLower = less leverage
1.26×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPR
EPR
RBBN
RBBN
Q1 26
$67.6M
Q4 25
$90.6M
$96.4M
Q3 25
$13.7M
$74.8M
Q2 25
$13.0M
$60.5M
Q1 25
$20.6M
$71.2M
Q4 24
$22.1M
$87.8M
Q3 24
$35.3M
$37.2M
Q2 24
$33.7M
$64.6M
Total Debt
EPR
EPR
RBBN
RBBN
Q1 26
Q4 25
$2.9B
$342.1M
Q3 25
$2.8B
$344.3M
Q2 25
$2.8B
$346.5M
Q1 25
$2.8B
$347.4M
Q4 24
$2.9B
$348.3M
Q3 24
$2.9B
$349.1M
Q2 24
$2.8B
$350.0M
Stockholders' Equity
EPR
EPR
RBBN
RBBN
Q1 26
$419.1M
Q4 25
$2.3B
$449.0M
Q3 25
$2.3B
$360.1M
Q2 25
$2.3B
$370.4M
Q1 25
$2.3B
$381.8M
Q4 24
$2.3B
$404.6M
Q3 24
$2.4B
$395.5M
Q2 24
$2.4B
$405.0M
Total Assets
EPR
EPR
RBBN
RBBN
Q1 26
Q4 25
$5.7B
$1.2B
Q3 25
$5.5B
$1.1B
Q2 25
$5.6B
$1.1B
Q1 25
$5.5B
$1.1B
Q4 24
$5.6B
$1.2B
Q3 24
$5.7B
$1.1B
Q2 24
$5.6B
$1.1B
Debt / Equity
EPR
EPR
RBBN
RBBN
Q1 26
Q4 25
1.26×
0.76×
Q3 25
1.19×
0.96×
Q2 25
1.20×
0.94×
Q1 25
1.20×
0.91×
Q4 24
1.23×
0.86×
Q3 24
1.19×
0.88×
Q2 24
1.16×
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
EPR
EPR
RBBN
RBBN
Operating Cash FlowLast quarter
$421.0M
Free Cash FlowOCF − Capex
$269.2M
FCF MarginFCF / Revenue
147.1%
Capex IntensityCapex / Revenue
82.9%
Cash ConversionOCF / Net Profit
6.29×
TTM Free Cash FlowTrailing 4 quarters
$568.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPR
EPR
RBBN
RBBN
Q1 26
Q4 25
$421.0M
$29.2M
Q3 25
$136.5M
$26.5M
Q2 25
$87.3M
$-795.0K
Q1 25
$99.4M
$-3.5M
Q4 24
$393.1M
$61.8M
Q3 24
$122.0M
$-14.8M
Q2 24
$78.7M
$-9.8M
Free Cash Flow
EPR
EPR
RBBN
RBBN
Q1 26
Q4 25
$269.2M
$27.3M
Q3 25
$132.1M
$21.0M
Q2 25
$82.4M
$-6.5M
Q1 25
$84.7M
$-15.7M
Q4 24
$129.2M
$53.8M
Q3 24
$121.5M
$-23.7M
Q2 24
$71.3M
$-12.9M
FCF Margin
EPR
EPR
RBBN
RBBN
Q1 26
Q4 25
147.1%
12.0%
Q3 25
72.5%
9.7%
Q2 25
46.3%
-2.9%
Q1 25
48.4%
-8.7%
Q4 24
72.9%
21.4%
Q3 24
67.3%
-11.3%
Q2 24
41.2%
-6.7%
Capex Intensity
EPR
EPR
RBBN
RBBN
Q1 26
Q4 25
82.9%
0.9%
Q3 25
2.4%
2.6%
Q2 25
2.7%
2.6%
Q1 25
8.4%
6.7%
Q4 24
148.9%
3.2%
Q3 24
0.3%
4.2%
Q2 24
4.2%
1.6%
Cash Conversion
EPR
EPR
RBBN
RBBN
Q1 26
Q4 25
6.29×
Q3 25
2.05×
Q2 25
1.15×
Q1 25
1.51×
Q4 24
Q3 24
2.62×
Q2 24
1.74×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EPR
EPR

Experiential Reportable Operating Segment$173.3M95%
Education Reportable Operating Segment$9.5M5%

RBBN
RBBN

Service$94.5M58%
Product$68.1M42%

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