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Side-by-side financial comparison of KNOT Offshore Partners LP (KNOP) 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 $87.1M, roughly 1.9× KNOT Offshore Partners LP). Ribbon Communications Inc. runs the higher net margin — 54.8% vs 7.8%, a 47.0% gap on every dollar of revenue. On growth, KNOT Offshore Partners LP posted the faster year-over-year revenue change (17.0% vs -10.3%).

KNOT Offshore Partners LP is a publicly traded master limited partnership focused on owning, operating and chartering purpose-built shuttle tankers. It serves offshore oil and gas production operators across key markets including the North Sea, Brazil and West Africa, supporting marine logistics for offshore energy extraction.

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.

KNOP vs RBBN — Head-to-Head

Bigger by revenue
RBBN
RBBN
1.9× larger
RBBN
$162.6M
$87.1M
KNOP
Growing faster (revenue YoY)
KNOP
KNOP
+27.3% gap
KNOP
17.0%
-10.3%
RBBN
Higher net margin
RBBN
RBBN
47.0% more per $
RBBN
54.8%
7.8%
KNOP

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
KNOP
KNOP
RBBN
RBBN
Revenue
$87.1M
$162.6M
Net Profit
$6.8M
$89.1M
Gross Margin
42.9%
Operating Margin
25.5%
37.6%
Net Margin
7.8%
54.8%
Revenue YoY
17.0%
-10.3%
Net Profit YoY
153.0%
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
KNOP
KNOP
RBBN
RBBN
Q1 26
$162.6M
Q4 25
$227.3M
Q3 25
$215.4M
Q2 25
$87.1M
$220.6M
Q1 25
$181.3M
Q4 24
$251.4M
Q3 24
$210.2M
Q2 24
$74.4M
$192.6M
Net Profit
KNOP
KNOP
RBBN
RBBN
Q1 26
$89.1M
Q4 25
Q3 25
$-12.1M
Q2 25
$6.8M
$-11.1M
Q1 25
$-26.2M
Q4 24
Q3 24
$-13.4M
Q2 24
$-12.9M
$-16.8M
Gross Margin
KNOP
KNOP
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
KNOP
KNOP
RBBN
RBBN
Q1 26
37.6%
Q4 25
4.1%
Q3 25
1.3%
Q2 25
25.5%
1.9%
Q1 25
-10.8%
Q4 24
13.2%
Q3 24
-0.4%
Q2 24
1.8%
-1.0%
Net Margin
KNOP
KNOP
RBBN
RBBN
Q1 26
54.8%
Q4 25
Q3 25
-5.6%
Q2 25
7.8%
-5.0%
Q1 25
-14.5%
Q4 24
Q3 24
-6.4%
Q2 24
-17.3%
-8.7%
EPS (diluted)
KNOP
KNOP
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
KNOP
KNOP
RBBN
RBBN
Cash + ST InvestmentsLiquidity on hand
$66.3M
$67.6M
Total DebtLower is stronger
$914.5M
Stockholders' EquityBook value
$419.1M
Total Assets
$1.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KNOP
KNOP
RBBN
RBBN
Q1 26
$67.6M
Q4 25
$96.4M
Q3 25
$74.8M
Q2 25
$66.3M
$60.5M
Q1 25
$71.2M
Q4 24
$87.8M
Q3 24
$37.2M
Q2 24
$56.6M
$64.6M
Total Debt
KNOP
KNOP
RBBN
RBBN
Q1 26
Q4 25
$342.1M
Q3 25
$344.3M
Q2 25
$914.5M
$346.5M
Q1 25
$347.4M
Q4 24
$348.3M
Q3 24
$349.1M
Q2 24
$895.4M
$350.0M
Stockholders' Equity
KNOP
KNOP
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
KNOP
KNOP
RBBN
RBBN
Q1 26
Q4 25
$1.2B
Q3 25
$1.1B
Q2 25
$1.6B
$1.1B
Q1 25
$1.1B
Q4 24
$1.2B
Q3 24
$1.1B
Q2 24
$1.5B
$1.1B
Debt / Equity
KNOP
KNOP
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

KNOP
KNOP

Segment breakdown not available.

RBBN
RBBN

Service$94.5M58%
Product$68.1M42%

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