RNG Q1 2021 Earnings — RingCentral, Inc. Revenue & Financial Results | Market Cap Arena

RNGRingCentral, Inc.

$4B

Q1 2021 Earnings

Technology Software - Application

Income Statement

Revenue

$352M+31.7% YoY

Gross Profit

$255M72.5% margin

Operating Income

-$42M-11.9% margin

Net Income

-$186,000-0.1% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+5.3%

Cash Flow

Operating Cash Flow

$37M

Free Cash Flow

$10M

Stock-Based Comp.

$55M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.9B

Stockholders' Equity

$217M

Cash & Equivalents

$463M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$352M	$268M	+31.7%
Gross Profit	$255M	$194M	+31.6%
Operating Income	-$42M	-$25M	-64.8%
Net Income	-$186,000	-$61M	+99.7%

Revenue Segments

License and Service

$325M92%

Product and Service, Other

$27M8%