RNG (RingCentral, Inc.) Stock Financials & Earnings | Market Cap Arena

RNG (RingCentral, Inc.) Stock Financials & Earnings | Market Cap Arena

RNGRingCentral, Inc.

Mkt Cap$4B

Technology·Software - Application·🇺🇸 United States·NYSE

Revenue (TTM)$2.5B

Net Income (TTM)$43M

EPS (TTM)$0.48

Free Cash Flow (TTM)$636M

Gross Margin71.2%

Op. Margin5.0%

Net Margin1.7%

FCF Margin25.3%

P/S Ratio (TTM)1.5x

P/E Ratio (TTM)84.2x

YoY Rev Growth+4.8%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$534M	$373M	-$55M
Q2 23	$539M	$375M	-$45M
Q3 23	$558M	$389M	-$54M
Q4 23	$571M	$401M	-$45M
Q1 24	$584M	$414M	-$11M
Q2 24	$593M	$416M	-$5M
Q3 24	$609M	$429M	$3M
Q4 24	$615M	$436M	$16M
Q1 25	$612M	$432M	$10M
Q2 25	$620M	$441M	$37M
Q3 25	$639M	$458M	$31M
Q4 25	$644M	$460M	$48M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.8x	—
Q2 23	1.7x	—
Q3 23	1.7x	—
Q4 23	1.7x	—
Q1 24	1.6x	—
Q2 24	1.6x	—
Q3 24	1.5x	—
Q4 24	1.5x	—
Q1 25	1.5x	—
Q2 25	1.5x	—
Q3 25	1.5x	275.9x
Q4 25	1.5x	84.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$109M	$87M
Q2 23	$91M	$73M
Q3 23	$87M	$70M
Q4 23	$114M	$94M
Q1 24	$96M	$77M
Q2 24	$127M	$109M
Q3 24	$127M	$103M
Q4 24	$133M	$112M
Q1 25	$150M	$130M
Q2 25	$167M	$172M
Q3 25	$151M	$144M
Q4 25	$156M	$190M

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$21M
Q2 23	$18M
Q3 23	$17M
Q4 23	$20M
Q1 24	$19M
Q2 24	$18M
Q3 24	$24M
Q4 24	$21M
Q1 25	$19M
Q2 25	$5M
Q3 25	$8M
Q4 25	$34M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+14.1%	+3.0%
Q2 23	+10.8%	-1.7%
Q3 23	+9.7%	-11.5%
Q4 23	+8.9%	-21.0%
Q1 24	+9.5%	+1.2%
Q2 24	+9.9%	+2.4%
Q3 24	+9.1%	-1.1%
Q4 24	+7.6%	-2.8%
Q1 25	+4.8%	+1.1%
Q2 25	+4.6%	-2.5%
Q3 25	+4.9%	+0.4%
Q4 25	+4.8%	-0.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$98M	18.4%
Q2 23	$105M	19.4%
Q3 23	$112M	20.0%
Q4 23	$112M	19.6%
Q1 24	$88M	15.1%
Q2 24	$87M	14.6%
Q3 24	$84M	13.7%
Q4 24	$80M	13.1%
Q1 25	$78M	12.7%
Q2 25	$63M	10.2%
Q3 25	$65M	10.1%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$85M	$82M	$260M
Q2 23	$80M	$75M	$264M
Q3 23	$85M	$87M	$271M
Q4 23	$85M	$89M	$273M
Q1 24	$81M	$71M	$273M
Q2 24	$80M	$72M	$269M
Q3 24	$84M	$64M	$277M
Q4 24	$85M	$59M	$277M
Q1 25	$82M	$64M	$272M
Q2 25	$78M	$63M	$264M
Q3 25	$80M	$67M	$285M
Q4 25	$78M	$58M	$276M

Rule of 40

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 23	14.1%	1.6%	15.7
Q2 23	10.8%	10.0%	20.7
Q3 23	9.7%	5.5%	15.1
Q4 23	8.9%	6.3%	15.1
Q1 24	9.5%	8.2%	17.6
Q2 24	9.9%	10.2%	20.2
Q3 24	9.1%	9.7%	18.7
Q4 24	7.6%	11.9%	19.4
Q1 25	4.8%	11.8%	16.6
Q2 25	4.6%	14.0%	18.7
Q3 25	4.9%	20.3%	25.2
Q4 25	4.8%	15.2%	20.0

Revenue Segments

Quarter	License and Service	Product and Service, Other
Q1 23	$508M	$25M
Q2 23	$514M	$26M
Q3 23	$531M	$27M
Q4 23	$547M	$24M
Q1 24	$557M	$27M
Q2 24	$567M	$26M
Q3 24	$583M	$26M
Q1 25	$590M	$22M
Q2 25	$599M	$22M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$275M	$0	$275M
Q2 23	$225M	$0	$225M
Q3 23	$432M	$0	$432M
Q4 23	$222M	$0	$222M
Q1 24	$203M	$0	$203M
Q2 24	$199M	$0	$199M
Q3 24	$213M	$0	$213M
Q4 24	$243M	$0	$243M
Q1 25	$154M	$0	$154M
Q2 25	$168M	$0	$168M
Q3 25	$145M	$0	$145M
Q4 25	$133M	$0	$133M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	96M	+0.1%
Q2 23	95M	-0.4%
Q3 23	95M	-0.8%
Q4 23	94M	-0.6%
Q1 24	93M	-0.9%
Q2 24	93M	-0.4%
Q3 24	92M	-0.9%
Q4 24	91M	-1.3%
Q1 25	91M	+0.4%
Q2 25	92M	+1.6%
Q3 25	92M	-0.2%
Q4 25	88M	-4.7%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$361K	609
FY 15	$390K	759
FY 16	$366K	1K
FY 17	$371K	1K
FY 18	$360K	2K
FY 19	$382K	2K
FY 20	$377K	3K
FY 21	$407K	4K
FY 22	$510K	4K
FY 23	$539K	4K
FY 24	$563K	4K
FY 25	$341K	7K