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Side-by-side financial comparison of High Tide Inc. (HITI) 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 $142.5M, roughly 1.1× High Tide Inc.). Ribbon Communications Inc. runs the higher net margin — 54.8% vs -1.9%, a 56.7% gap on every dollar of revenue.

High Tide Inc. is a Canada-based consumer retail and lifestyle company focused on the global cannabis sector. It operates a large network of licensed cannabis dispensaries across North America, sells cannabis consumption accessories and branded cannabis products, and runs multiple leading e-commerce platforms catering to recreational and medical cannabis users.

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.

HITI vs RBBN — Head-to-Head

Bigger by revenue
RBBN
RBBN
1.1× larger
RBBN
$162.6M
$142.5M
HITI
Higher net margin
RBBN
RBBN
56.7% more per $
RBBN
54.8%
-1.9%
HITI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
HITI
HITI
RBBN
RBBN
Revenue
$142.5M
$162.6M
Net Profit
$-2.7M
$89.1M
Gross Margin
42.9%
Operating Margin
0.0%
37.6%
Net Margin
-1.9%
54.8%
Revenue YoY
-10.3%
Net Profit YoY
EPS (diluted)
$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
HITI
HITI
RBBN
RBBN
Q1 26
$142.5M
$162.6M
Q4 25
$227.3M
Q3 25
$131.7M
$215.4M
Q2 25
$124.3M
$220.6M
Q1 25
$181.3M
Q4 24
$128.1M
$251.4M
Q3 24
$210.2M
Q2 24
$192.6M
Net Profit
HITI
HITI
RBBN
RBBN
Q1 26
$-2.7M
$89.1M
Q4 25
Q3 25
$991.0K
$-12.1M
Q2 25
$166.0K
$-11.1M
Q1 25
$-26.2M
Q4 24
Q3 24
$-13.4M
Q2 24
$-16.8M
Gross Margin
HITI
HITI
RBBN
RBBN
Q1 26
42.9%
Q4 25
53.3%
Q3 25
26.9%
50.1%
Q2 25
28.4%
49.6%
Q1 25
45.4%
Q4 24
28.1%
55.7%
Q3 24
52.1%
Q2 24
50.8%
Operating Margin
HITI
HITI
RBBN
RBBN
Q1 26
0.0%
37.6%
Q4 25
4.1%
Q3 25
2.3%
1.3%
Q2 25
1.6%
1.9%
Q1 25
-10.8%
Q4 24
2.2%
13.2%
Q3 24
-0.4%
Q2 24
-1.0%
Net Margin
HITI
HITI
RBBN
RBBN
Q1 26
-1.9%
54.8%
Q4 25
Q3 25
0.8%
-5.6%
Q2 25
0.1%
-5.0%
Q1 25
-14.5%
Q4 24
Q3 24
-6.4%
Q2 24
-8.7%
EPS (diluted)
HITI
HITI
RBBN
RBBN
Q1 26
$0.50
Q4 25
$0.50
Q3 25
$-0.07
Q2 25
$-0.06
Q1 25
$-0.15
Q4 24
$0.05
Q3 24
$-0.08
Q2 24
$-0.10

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HITI
HITI
RBBN
RBBN
Q1 26
$67.6M
Q4 25
$96.4M
Q3 25
$74.8M
Q2 25
$60.5M
Q1 25
$71.2M
Q4 24
$87.8M
Q3 24
$37.2M
Q2 24
$64.6M
Total Debt
HITI
HITI
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
HITI
HITI
RBBN
RBBN
Q1 26
$419.1M
Q4 25
$449.0M
Q3 25
$360.1M
Q2 25
$370.4M
Q1 25
$381.8M
Q4 24
$404.6M
Q3 24
$395.5M
Q2 24
$405.0M
Total Assets
HITI
HITI
RBBN
RBBN
Q1 26
Q4 25
$1.2B
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.2B
Q3 24
$1.1B
Q2 24
$1.1B
Debt / Equity
HITI
HITI
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×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HITI
HITI

Segment breakdown not available.

RBBN
RBBN

Service$94.5M58%
Product$68.1M42%

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