vs

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

Hayward Holdings, Inc. is the larger business by last-quarter revenue ($255.2M vs $162.6M, roughly 1.6× Ribbon Communications Inc.). Ribbon Communications Inc. runs the higher net margin — 54.8% vs 9.2%, a 45.6% gap on every dollar of revenue. On growth, Hayward Holdings, Inc. posted the faster year-over-year revenue change (11.5% vs -10.3%). Over the past eight quarters, Hayward Holdings, Inc.'s revenue compounded faster (-5.3% CAGR vs -8.1%).

Bartlett-Hayward Company was an American metalworking company with large foundry, fabrication, and construction business lines, located in Baltimore, Maryland. Founded in the 1830s, it was independent until 1925 and since 1927 was owned by Koppers, of which it remained a division long afterward.

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.

HAYW vs RBBN — Head-to-Head

Bigger by revenue
HAYW
HAYW
1.6× larger
HAYW
$255.2M
$162.6M
RBBN
Growing faster (revenue YoY)
HAYW
HAYW
+21.8% gap
HAYW
11.5%
-10.3%
RBBN
Higher net margin
RBBN
RBBN
45.6% more per $
RBBN
54.8%
9.2%
HAYW
Faster 2-yr revenue CAGR
HAYW
HAYW
Annualised
HAYW
-5.3%
-8.1%
RBBN

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HAYW
HAYW
RBBN
RBBN
Revenue
$255.2M
$162.6M
Net Profit
$23.4M
$89.1M
Gross Margin
46.5%
42.9%
Operating Margin
16.6%
37.6%
Net Margin
9.2%
54.8%
Revenue YoY
11.5%
-10.3%
Net Profit YoY
63.0%
EPS (diluted)
$0.11
$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
HAYW
HAYW
RBBN
RBBN
Q1 26
$255.2M
$162.6M
Q4 25
$349.4M
$227.3M
Q3 25
$244.3M
$215.4M
Q2 25
$299.6M
$220.6M
Q1 25
$228.8M
$181.3M
Q4 24
$327.1M
$251.4M
Q3 24
$227.6M
$210.2M
Q2 24
$284.4M
$192.6M
Net Profit
HAYW
HAYW
RBBN
RBBN
Q1 26
$23.4M
$89.1M
Q4 25
$68.4M
Q3 25
$24.0M
$-12.1M
Q2 25
$44.8M
$-11.1M
Q1 25
$14.3M
$-26.2M
Q4 24
$54.7M
Q3 24
$16.5M
$-13.4M
Q2 24
$37.6M
$-16.8M
Gross Margin
HAYW
HAYW
RBBN
RBBN
Q1 26
46.5%
42.9%
Q4 25
40.7%
53.3%
Q3 25
51.2%
50.1%
Q2 25
52.7%
49.6%
Q1 25
49.5%
45.4%
Q4 24
51.4%
55.7%
Q3 24
49.7%
52.1%
Q2 24
51.0%
50.8%
Operating Margin
HAYW
HAYW
RBBN
RBBN
Q1 26
16.6%
37.6%
Q4 25
25.0%
4.1%
Q3 25
16.8%
1.3%
Q2 25
23.8%
1.9%
Q1 25
14.6%
-10.8%
Q4 24
23.4%
13.2%
Q3 24
14.7%
-0.4%
Q2 24
23.9%
-1.0%
Net Margin
HAYW
HAYW
RBBN
RBBN
Q1 26
9.2%
54.8%
Q4 25
19.6%
Q3 25
9.8%
-5.6%
Q2 25
15.0%
-5.0%
Q1 25
6.3%
-14.5%
Q4 24
16.7%
Q3 24
7.3%
-6.4%
Q2 24
13.2%
-8.7%
EPS (diluted)
HAYW
HAYW
RBBN
RBBN
Q1 26
$0.11
$0.50
Q4 25
$0.31
$0.50
Q3 25
$0.11
$-0.07
Q2 25
$0.20
$-0.06
Q1 25
$0.06
$-0.15
Q4 24
$0.26
$0.05
Q3 24
$0.07
$-0.08
Q2 24
$0.17
$-0.10

Balance Sheet & Financial Strength

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

Metric
HAYW
HAYW
RBBN
RBBN
Cash + ST InvestmentsLiquidity on hand
$230.7M
$67.6M
Total DebtLower is stronger
$11.1M
Stockholders' EquityBook value
$1.6B
$419.1M
Total Assets
$3.1B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAYW
HAYW
RBBN
RBBN
Q1 26
$230.7M
$67.6M
Q4 25
$399.1M
$96.4M
Q3 25
$448.3M
$74.8M
Q2 25
$365.1M
$60.5M
Q1 25
$181.3M
$71.2M
Q4 24
$196.6M
$87.8M
Q3 24
$274.2M
$37.2M
Q2 24
$215.1M
$64.6M
Total Debt
HAYW
HAYW
RBBN
RBBN
Q1 26
$11.1M
Q4 25
$943.5M
$342.1M
Q3 25
$947.7M
$344.3M
Q2 25
$949.1M
$346.5M
Q1 25
$950.4M
$347.4M
Q4 24
$950.6M
$348.3M
Q3 24
$959.9M
$349.1M
Q2 24
$959.8M
$350.0M
Stockholders' Equity
HAYW
HAYW
RBBN
RBBN
Q1 26
$1.6B
$419.1M
Q4 25
$1.6B
$449.0M
Q3 25
$1.5B
$360.1M
Q2 25
$1.5B
$370.4M
Q1 25
$1.4B
$381.8M
Q4 24
$1.4B
$404.6M
Q3 24
$1.4B
$395.5M
Q2 24
$1.4B
$405.0M
Total Assets
HAYW
HAYW
RBBN
RBBN
Q1 26
$3.1B
Q4 25
$3.2B
$1.2B
Q3 25
$3.0B
$1.1B
Q2 25
$3.0B
$1.1B
Q1 25
$3.0B
$1.1B
Q4 24
$3.0B
$1.2B
Q3 24
$2.9B
$1.1B
Q2 24
$2.9B
$1.1B
Debt / Equity
HAYW
HAYW
RBBN
RBBN
Q1 26
0.01×
Q4 25
0.59×
0.76×
Q3 25
0.62×
0.96×
Q2 25
0.63×
0.94×
Q1 25
0.66×
0.91×
Q4 24
0.67×
0.86×
Q3 24
0.70×
0.88×
Q2 24
0.71×
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
HAYW
HAYW
RBBN
RBBN
Operating Cash FlowLast quarter
$-150.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-6.45×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HAYW
HAYW
RBBN
RBBN
Q1 26
$-150.6M
Q4 25
$-26.9M
$29.2M
Q3 25
$94.6M
$26.5M
Q2 25
$194.2M
$-795.0K
Q1 25
$-5.8M
$-3.5M
Q4 24
$-63.7M
$61.8M
Q3 24
$65.9M
$-14.8M
Q2 24
$287.0M
$-9.8M
Free Cash Flow
HAYW
HAYW
RBBN
RBBN
Q1 26
Q4 25
$-35.8M
$27.3M
Q3 25
$87.2M
$21.0M
Q2 25
$187.3M
$-6.5M
Q1 25
$-11.4M
$-15.7M
Q4 24
$-70.4M
$53.8M
Q3 24
$59.1M
$-23.7M
Q2 24
$282.3M
$-12.9M
FCF Margin
HAYW
HAYW
RBBN
RBBN
Q1 26
Q4 25
-10.3%
12.0%
Q3 25
35.7%
9.7%
Q2 25
62.5%
-2.9%
Q1 25
-5.0%
-8.7%
Q4 24
-21.5%
21.4%
Q3 24
26.0%
-11.3%
Q2 24
99.3%
-6.7%
Capex Intensity
HAYW
HAYW
RBBN
RBBN
Q1 26
Q4 25
2.5%
0.9%
Q3 25
3.0%
2.6%
Q2 25
2.3%
2.6%
Q1 25
2.4%
6.7%
Q4 24
2.1%
3.2%
Q3 24
3.0%
4.2%
Q2 24
1.7%
1.6%
Cash Conversion
HAYW
HAYW
RBBN
RBBN
Q1 26
-6.45×
Q4 25
-0.39×
Q3 25
3.94×
Q2 25
4.34×
Q1 25
-0.41×
Q4 24
-1.16×
Q3 24
4.00×
Q2 24
7.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HAYW
HAYW

Segment breakdown not available.

RBBN
RBBN

Service$94.5M58%
Product$68.1M42%

Related Comparisons