RingCentral, Inc. RNG

Technology SIC 7374 - Services-Computer Processing & Data Preparation NAICS Information › Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services derived NYSE

Over the past 26 years, RingCentral has transformed business communications, leading the shift from on-premises legacy communications to the cloud. Today, the company has an AI-powered, multi-product portfolio including Unified Communications as a Service ("UCaaS"), Contact Center as a Service ("CCaaS"), RingCentral AI solutions, Video and Events. RingCentral's core tenets include: a) Trust: We provide a carrier-grade, cloud based communications platform that businesses can trust with reliability, security, and privacy; b) Innovation: We plan to invest approximately $250 million in research and development in 2026 to execute through focused and strategic innovation, setting the bar in the industry for many market firsts; c) Partnerships: We have a diverse set of strategic partners, global service providers, channel partners, and third-party developers. RingCentral is designed for intelligent, connected, and effortless businesses communications, making employee and customer experiences more productive and efficient.

Last close 86.31 2026-10-26
Market cap $7.25B estimated share count
52-week range 24.14 - 98.14

Valuation FY2025 figures against the last close

P/S2.9x
P/E179.8x
P/FCF12.4x
EV/EBITDA40.3x
Dividend yield—
Diluted EPS0.48

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $2.52B$2.40B$2.20B$1.99B$1.59B$1.18B$902.9M$673.6M$503.6M$380.4M
Cost of revenue $723.2M$705.5M$664.3M$641.7M$448.4M$323.6M$231.0M$157.1M$121.3M$92.2M
Gross profit $1.79B$1.69B$1.54B$1.35B$1.15B$860.0M$671.8M$516.5M$382.3M$288.2M
R&D $317.0M$329.3M$335.9M$362.3M$309.7M$189.5M$136.4M$101.0M$75.1M$65.5M
SG&A $258.4M$266.4M$333.0M$292.9M$284.3M$200.0M$142.0M$102.8M$72.3M$55.5M
Total operating expenses $1.67B$1.69B$1.74B$2.00B$1.45B$973.3M$717.5M$532.9M$387.7M$301.1M
Operating income $120.6M$2.7M-$198.8M-$649.5M-$301.8M-$113.2M-$45.7M-$16.4M-$5.3M-$12.9M
Interest expense $60.3M$65.0M$36.0M$4.8M$64.4M$49.3M$20.5M$16.1M$99.0K$746.0K
Pre-tax income $56.2M-$47.2M-$156.8M-$874.1M-$373.7M-$82.1M-$56.9M-$26.1M-$3.9M-$16.0M
Income tax $12.8M$11.1M$8.4M$5.1M$2.5M$934.0K$3.3M$140.0K$258.0K$236.0K
Net income $43.4M-$58.3M-$165.2M-$879.2M-$376.2M-$83.0M-$53.6M-$26.2M-$4.2M-$16.2M
EPS, basic 0.48-0.63-1.74-9.23-4.10-0.94-0.64———
EPS, diluted 0.48-0.63-1.74-9.23-4.10-0.94-0.64-0.33-0.06-0.22
Shares, diluted (wtd. avg.) 91.2M92.1M94.9M95.2M91.7M88.7M83.1M———

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $132.6M$242.8M$222.2M$270.0M$267.2M$639.9M$343.6M$566.3M$181.2M$160.4M
Receivables $384.1M$386.3M$364.4M$311.3M$232.8M$176.0M$130.0M$94.4M$46.7M$30.2M
Inventory $929.0K$1.2M$1.5M$1.2M$5.7M$551.0K$401.0K$199.0K$198.0K$63.0K
Total current assets $765.2M$871.1M$848.6M$796.0M$650.7M$926.1M$535.5M$707.5M$264.8M$205.9M
Property, plant and equipment $186.6M$180.7M$184.4M$185.4M$166.9M$142.2M$89.2M$70.2M$43.3M$32.0M
Goodwill $97.8M$83.0M$67.4M$54.3M$55.5M$57.3M$55.3M$31.2M$9.4M$9.4M
Other intangibles $135.4M$258.5M$393.8M$528.1M$716.6M$118.3M$127.3M$19.5M$1.5M$2.2M
Total assets $1.48B$1.78B$1.94B$2.07B$2.58B$2.18B$1.45B$894.3M$359.8M$252.6M
Accounts payable $27.7M$21.9M$53.3M$62.7M$70.0M$54.0M$34.6M$10.1M$7.3M$7.8M
Short-term debt $624.2M$181.3M$20.0M$0—————$14.5M
Total current liabilities $1.22B$748.8M$632.5M$652.6M$526.3M$438.1M$280.7M$199.4M$125.2M$116.0M
Long-term debt $629.6M$1.35B$1.53B$1.64B—————$312.0K
Total liabilities $1.87B$2.13B$2.25B$2.36B$2.04B$1.87B$705.0M$576.7M$131.5M$122.6M
Retained earnings -$1.71B-$1.76B-$1.70B-$1.53B-$748.6M-$372.3M-$289.3M-$235.7M-$209.5M-$239.5M
Total equity -$588.1M-$550.9M-$502.6M-$482.8M$339.0M$308.5M$745.7M$317.6M$228.3M$164.2M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $617.4M$483.3M$399.7M$191.3M$152.2M-$35.2M$64.8M$72.1M$41.2M$29.7M
Depreciation and amortisation $87.2M$86.1M$82.9M$72.0M$58.9M$39.8M$27.2M$18.9M$15.4M—
Stock-based compensation $269.7M$339.1M$426.7M$386.0M$358.0M$189.6M$101.4M$68.1M$42.1M$30.8M
Capital expenditure $30.1M$25.0M$23.5M$32.7M$29.0M$43.6M$27.8M$27.1M$19.5M$14.2M
Investing cash flow -$108.0M-$109.4M-$90.4M-$87.2M-$396.8M-$107.7M-$296.8M-$83.4M-$26.4M-$16.4M
Financing cash flow -$623.4M-$351.1M-$358.0M-$98.2M-$127.1M$437.6M$9.0M$397.3M$6.8M$9.3M
Buybacks $334.4M$322.4M$311.1M$99.8M$0$0$0$15.0M$0—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001384905-26-000027.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -1B 0 1B 2B 3B Revenue, FY2016: 380.4M Gross profit, FY2016: 288.2M Net income, FY2016: -16.2M Revenue, FY2017: 503.6M Gross profit, FY2017: 382.3M Net income, FY2017: -4.2M Revenue, FY2018: 673.6M Gross profit, FY2018: 516.5M Net income, FY2018: -26.2M Revenue, FY2019: 902.9M Gross profit, FY2019: 671.8M Net income, FY2019: -53.6M Revenue, FY2020: 1.2B Gross profit, FY2020: 860M Net income, FY2020: -83M Revenue, FY2021: 1.6B Gross profit, FY2021: 1.1B Net income, FY2021: -376.2M Revenue, FY2022: 2B Gross profit, FY2022: 1.3B Net income, FY2022: -879.2M Revenue, FY2023: 2.2B Gross profit, FY2023: 1.5B Net income, FY2023: -165.2M Revenue, FY2024: 2.4B Gross profit, FY2024: 1.7B Net income, FY2024: -58.3M Revenue, FY2025: 2.5B Gross profit, FY2025: 1.8B Net income, FY2025: 43.4M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $380.4M $503.6M $673.6M $902.9M $1.18B $1.59B $1.99B $2.20B $2.40B $2.52B
Gross profit $288.2M $382.3M $516.5M $671.8M $860.0M $1.15B $1.35B $1.54B $1.69B $1.79B
Net income -$16.2M -$4.2M -$26.2M -$53.6M -$83.0M -$376.2M -$879.2M -$165.2M -$58.3M $43.4M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Material agreement signed Item 1.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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