RNG FY 2023 Earnings — RingCentral, Inc. Revenue & Financial Results | Market Cap Arena

RNGRingCentral, Inc.

$4B

FY 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$2.2B+10.8% YoY

Gross Profit

$1.5B69.8% margin

Operating Income

-$199M-9.0% margin

Net Income

-$165M-7.5% margin

EPS (Diluted)

$-1.74

Cash Flow

Operating Cash Flow

$400M

Free Cash Flow

$324M

Stock-Based Comp.

$427M

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$2.4B

Stockholders' Equity

-$503M

Cash & Equivalents

$222M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.2B	$2.0B	+10.8%
Gross Profit	$1.5B	$1.3B	+14.2%
Operating Income	-$199M	-$649M	+69.4%
Net Income	-$165M	-$879M	+81.2%