RNG Q3 2020 Earnings — RingCentral, Inc. Revenue & Financial Results | Market Cap Arena

RNGRingCentral, Inc.

$4B

Q3 2020 Earnings

Technology Software - Application

Income Statement

Revenue

$304M+30.1% YoY

Gross Profit

$221M72.9% margin

Operating Income

-$30M-9.8% margin

Net Income

-$21M-6.9% margin

EPS (Diluted)

$-0.24

QoQ Revenue Growth

+9.2%

Cash Flow

Operating Cash Flow

-$73M

Free Cash Flow

-$102M

Stock-Based Comp.

$52M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.8B

Stockholders' Equity

$300M

Cash & Equivalents

$746M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$304M	$233M	+30.1%
Gross Profit	$221M	$174M	+27.4%
Operating Income	-$30M	-$11M	-178.3%
Net Income	-$21M	-$13M	-64.4%

Revenue Segments

License and Service

$280M92%

Product and Service, Other

$24M8%