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RNG Q3 2024 Earnings — RingCentral, Inc. Revenue & Financial Results | Market Cap Arena
RNG
RingCentral, Inc.
$4B
Q3 2024 Earnings
Technology
Software - Application
Income Statement
Revenue
$609M
+9.1% YoY
Gross Profit
$429M
70.4% margin
Operating Income
$3M
0.5% margin
Net Income
-$8M
-1.3% margin
EPS (Diluted)
$-0.09
QoQ Revenue Growth
+2.7%
Cash Flow
Operating Cash Flow
$127M
Free Cash Flow
$103M
Stock-Based Comp.
$84M
Balance Sheet
Total Assets
$1.8B
Total Liabilities
$2.2B
Stockholders' Equity
-$346M
Cash & Equivalents
$213M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$609M
$558M
+9.1%
Gross Profit
$429M
$389M
+10.1%
Operating Income
$3M
-$54M
+106.1%
Net Income
-$8M
-$42M
+81.4%
Revenue Segments
License and Service
$583M
96%
Product and Service, Other
$26M
4%
← FY 2024
All Quarters
Q4 2024 →