RNG Q2 2020 Earnings — RingCentral, Inc. Revenue & Financial Results | Market Cap Arena

RNGRingCentral, Inc.

$4B

Q2 2020 Earnings

Technology Software - Application

Income Statement

Revenue

$278M+29.2% YoY

Gross Profit

$201M72.4% margin

Operating Income

-$29M-10.6% margin

Net Income

$509,0000.2% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+3.9%

Cash Flow

Operating Cash Flow

$27M

Free Cash Flow

$9M

Stock-Based Comp.

$49M

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.4B

Stockholders' Equity

$548M

Cash & Equivalents

$774M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$278M	$215M	+29.2%
Gross Profit	$201M	$162M	+24.7%
Operating Income	-$29M	-$7M	-308.6%
Net Income	$509,000	-$9M	+105.5%

Revenue Segments

License and Service

$257M92%

Product and Service, Other

$21M8%