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

MONRO, INC. is the larger business by last-quarter revenue ($293.4M vs $162.6M, roughly 1.8× Ribbon Communications Inc.). Ribbon Communications Inc. runs the higher net margin — 54.8% vs 3.8%, a 51.0% gap on every dollar of revenue. On growth, MONRO, INC. posted the faster year-over-year revenue change (-4.0% vs -10.3%). Over the past eight quarters, MONRO, INC.'s revenue compounded faster (-2.7% CAGR vs -8.1%).

Monro, Inc. is an automotive services company founded and headquartered in Rochester, New York, U.S. As of 2025, Monro has 1,260 locations making them the second-largest automotive services company in North America after Driven Brands by number of locations and by revenue.

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.

MNRO vs RBBN — Head-to-Head

Bigger by revenue
MNRO
MNRO
1.8× larger
MNRO
$293.4M
$162.6M
RBBN
Growing faster (revenue YoY)
MNRO
MNRO
+6.3% gap
MNRO
-4.0%
-10.3%
RBBN
Higher net margin
RBBN
RBBN
51.0% more per $
RBBN
54.8%
3.8%
MNRO
Faster 2-yr revenue CAGR
MNRO
MNRO
Annualised
MNRO
-2.7%
-8.1%
RBBN

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
MNRO
MNRO
RBBN
RBBN
Revenue
$293.4M
$162.6M
Net Profit
$11.1M
$89.1M
Gross Margin
34.9%
42.9%
Operating Margin
6.3%
37.6%
Net Margin
3.8%
54.8%
Revenue YoY
-4.0%
-10.3%
Net Profit YoY
143.1%
EPS (diluted)
$0.35
$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
MNRO
MNRO
RBBN
RBBN
Q1 26
$162.6M
Q4 25
$293.4M
$227.3M
Q3 25
$288.9M
$215.4M
Q2 25
$301.0M
$220.6M
Q1 25
$295.0M
$181.3M
Q4 24
$305.8M
$251.4M
Q3 24
$301.4M
$210.2M
Q2 24
$293.2M
$192.6M
Net Profit
MNRO
MNRO
RBBN
RBBN
Q1 26
$89.1M
Q4 25
$11.1M
Q3 25
$5.7M
$-12.1M
Q2 25
$-8.1M
$-11.1M
Q1 25
$-21.3M
$-26.2M
Q4 24
$4.6M
Q3 24
$5.6M
$-13.4M
Q2 24
$5.9M
$-16.8M
Gross Margin
MNRO
MNRO
RBBN
RBBN
Q1 26
42.9%
Q4 25
34.9%
53.3%
Q3 25
35.7%
50.1%
Q2 25
35.5%
49.6%
Q1 25
33.0%
45.4%
Q4 24
34.3%
55.7%
Q3 24
35.3%
52.1%
Q2 24
37.2%
50.8%
Operating Margin
MNRO
MNRO
RBBN
RBBN
Q1 26
37.6%
Q4 25
6.3%
4.1%
Q3 25
4.4%
1.3%
Q2 25
-2.0%
1.9%
Q1 25
-8.1%
-10.8%
Q4 24
3.3%
13.2%
Q3 24
4.4%
-0.4%
Q2 24
4.5%
-1.0%
Net Margin
MNRO
MNRO
RBBN
RBBN
Q1 26
54.8%
Q4 25
3.8%
Q3 25
2.0%
-5.6%
Q2 25
-2.7%
-5.0%
Q1 25
-7.2%
-14.5%
Q4 24
1.5%
Q3 24
1.9%
-6.4%
Q2 24
2.0%
-8.7%
EPS (diluted)
MNRO
MNRO
RBBN
RBBN
Q1 26
$0.50
Q4 25
$0.35
$0.50
Q3 25
$0.18
$-0.07
Q2 25
$-0.28
$-0.06
Q1 25
$-0.74
$-0.15
Q4 24
$0.15
$0.05
Q3 24
$0.18
$-0.08
Q2 24
$0.19
$-0.10

Balance Sheet & Financial Strength

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

Metric
MNRO
MNRO
RBBN
RBBN
Cash + ST InvestmentsLiquidity on hand
$4.9M
$67.6M
Total DebtLower is stronger
$45.0M
Stockholders' EquityBook value
$604.9M
$419.1M
Total Assets
$1.6B
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MNRO
MNRO
RBBN
RBBN
Q1 26
$67.6M
Q4 25
$4.9M
$96.4M
Q3 25
$10.5M
$74.8M
Q2 25
$7.8M
$60.5M
Q1 25
$20.8M
$71.2M
Q4 24
$10.2M
$87.8M
Q3 24
$20.9M
$37.2M
Q2 24
$18.7M
$64.6M
Total Debt
MNRO
MNRO
RBBN
RBBN
Q1 26
Q4 25
$45.0M
$342.1M
Q3 25
$60.0M
$344.3M
Q2 25
$71.5M
$346.5M
Q1 25
$61.3M
$347.4M
Q4 24
$59.3M
$348.3M
Q3 24
$62.0M
$349.1M
Q2 24
$112.0M
$350.0M
Stockholders' Equity
MNRO
MNRO
RBBN
RBBN
Q1 26
$419.1M
Q4 25
$604.9M
$449.0M
Q3 25
$601.7M
$360.1M
Q2 25
$604.9M
$370.4M
Q1 25
$620.8M
$381.8M
Q4 24
$648.9M
$404.6M
Q3 24
$651.9M
$395.5M
Q2 24
$654.4M
$405.0M
Total Assets
MNRO
MNRO
RBBN
RBBN
Q1 26
Q4 25
$1.6B
$1.2B
Q3 25
$1.6B
$1.1B
Q2 25
$1.6B
$1.1B
Q1 25
$1.6B
$1.1B
Q4 24
$1.7B
$1.2B
Q3 24
$1.7B
$1.1B
Q2 24
$1.7B
$1.1B
Debt / Equity
MNRO
MNRO
RBBN
RBBN
Q1 26
Q4 25
0.07×
0.76×
Q3 25
0.10×
0.96×
Q2 25
0.12×
0.94×
Q1 25
0.10×
0.91×
Q4 24
0.09×
0.86×
Q3 24
0.10×
0.88×
Q2 24
0.17×
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
MNRO
MNRO
RBBN
RBBN
Operating Cash FlowLast quarter
$17.8M
Free Cash FlowOCF − Capex
$9.1M
FCF MarginFCF / Revenue
3.1%
Capex IntensityCapex / Revenue
3.0%
Cash ConversionOCF / Net Profit
1.60×
TTM Free Cash FlowTrailing 4 quarters
$49.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MNRO
MNRO
RBBN
RBBN
Q1 26
Q4 25
$17.8M
$29.2M
Q3 25
$32.3M
$26.5M
Q2 25
$-1.9M
$-795.0K
Q1 25
$28.9M
$-3.5M
Q4 24
$14.8M
$61.8M
Q3 24
$62.6M
$-14.8M
Q2 24
$25.6M
$-9.8M
Free Cash Flow
MNRO
MNRO
RBBN
RBBN
Q1 26
Q4 25
$9.1M
$27.3M
Q3 25
$26.6M
$21.0M
Q2 25
$-9.3M
$-6.5M
Q1 25
$23.2M
$-15.7M
Q4 24
$7.9M
$53.8M
Q3 24
$57.6M
$-23.7M
Q2 24
$16.8M
$-12.9M
FCF Margin
MNRO
MNRO
RBBN
RBBN
Q1 26
Q4 25
3.1%
12.0%
Q3 25
9.2%
9.7%
Q2 25
-3.1%
-2.9%
Q1 25
7.9%
-8.7%
Q4 24
2.6%
21.4%
Q3 24
19.1%
-11.3%
Q2 24
5.7%
-6.7%
Capex Intensity
MNRO
MNRO
RBBN
RBBN
Q1 26
Q4 25
3.0%
0.9%
Q3 25
2.0%
2.6%
Q2 25
2.5%
2.6%
Q1 25
1.9%
6.7%
Q4 24
2.2%
3.2%
Q3 24
1.6%
4.2%
Q2 24
3.0%
1.6%
Cash Conversion
MNRO
MNRO
RBBN
RBBN
Q1 26
Q4 25
1.60×
Q3 25
5.71×
Q2 25
Q1 25
Q4 24
3.23×
Q3 24
11.08×
Q2 24
4.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MNRO
MNRO

Tires$150.2M51%
Maintenance$73.5M25%
Brakes$35.1M12%
Steering$24.9M8%
Batteries$6.2M2%
Exhaust$3.2M1%

RBBN
RBBN

Service$94.5M58%
Product$68.1M42%

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