RNG Q4 2022 Earnings — RingCentral, Inc. Revenue & Financial Results | Market Cap Arena

RNGRingCentral, Inc.

$4B

Q4 2022 Earnings

Technology Software - Application

Income Statement

Revenue

$525M+17.0% YoY

Gross Profit

$364M69.4% margin

Operating Income

-$256M-48.7% margin

Net Income

-$284M-54.1% margin

EPS (Diluted)

$-2.97

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

$39M

Free Cash Flow

$16M

Stock-Based Comp.

$92M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$2.6B

Stockholders' Equity

-$483M

Cash & Equivalents

$270M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$525M	$448M	+17.0%
Gross Profit	$364M	$312M	+16.5%
Operating Income	-$256M	-$103M	-147.5%
Net Income	-$284M	-$118M	-140.0%

Revenue Segments

License and Service

$502M96%

Product and Service, Other

$23M4%