What is RINGCENTRAL, INC.'s earnings per share (EPS)?

RINGCENTRAL, INC. (RNG) reported diluted earnings per share of $0.48 for fiscal year 2025. This represents a 176.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

RINGCENTRAL, INC. (RNG) Financials

RNG

Trailing 12 months to June 30, 2026

Revenue $2.6B +5.2% YoY

Net Income $110.3M +1005.5% YoY

EPS (Diluted) $1.25 +992.9% YoY

Free Cash Flow $638.1M +16.3% YoY

Market Cap $6.6B as of Oct 10, 2026

Price / Sales 2.6x on $2.6B revenue, trailing 12 months to June 30, 2026

Price / Earnings 60.0x on $110.3M net income, trailing 12 months to June 30, 2026

Price / Book n/m negative shareholder equity, so no book multiple, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 23, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 23, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RNG SEC filings page.

RINGCENTRAL, INC. (RNG) reported $2.6B in revenue over the twelve months to Jun 30, 2026, up 5.2% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI RNG FY2025 2026-10-03

RingCentral reached profitability and converts far more cash than accounting earnings, but short-term obligations still exceed current assets.

The shift from a net loss of $58M in FY2024 to net income of $43M in FY2025 shows accounting profitability arrived only recently. Yet operating cash flow reached $617M while free cash flow was $587M, so cash production is much larger than reported profit and earnings alone understate the operating cash engine.

Gross margin improved from 69.8% in FY2023 to 71.2% in FY2025, so the later profit improvement was not merely a volume effect. Operating margin moved from -9.0% to 4.8%, consistent with expense leverage as selling and development spending fell while sales increased.

Debt fell from $1.35B in FY2024 to $630M in FY2025, reducing the balance sheet's debt load. Yet the current ratio slipped to 0.6x and equity remained negative at -$588M, so debt reduction did not translate into broad balance-sheet flexibility; the improving income statement has not yet rebuilt book capital.

Financial Health Signals

Financial Health Score 48/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of RINGCENTRAL, INC.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

RINGCENTRAL, INC. has an operating margin of 4.8%, meaning the company retains $5 of operating profit per $100 of revenue. This results in a moderate score of 34/100, indicating healthy but not exceptional operating efficiency. This is up from 0.1% the prior year.

Growth

RINGCENTRAL, INC.'s revenue grew a modest 4.8% year-over-year to $2.5B. This slow but positive growth earns a score of 57/100.

Leverage

Liquidity

RINGCENTRAL, INC.'s current ratio of 0.63 is below the typical benchmark, resulting in a score of 7/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

RINGCENTRAL, INC. converts 23.4% of revenue into free cash flow ($587.3M). This strong cash generation earns a score of 87/100.

Returns

Altman Z-Score Grey Zone

2.10

RINGCENTRAL, INC. scores 2.10, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($6.6B) relative to total liabilities ($1.9B). This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

7/8

RINGCENTRAL, INC. passes 7 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

14.23x

For every $1 of reported earnings, RINGCENTRAL, INC. generates $14.23 in operating cash flow ($617.4M OCF vs $43.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Adequate

2.10x

RINGCENTRAL, INC. earns $2.10 in operating income for every $1 of interest expense ($120.6M vs $57.5M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.

Key Financial Metrics

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Earnings & Revenue

Revenue

$657.0M

YoY+5.9%

QoQ+2.0%

5Y CAGR+11.6%

10Y CAGR+21.7%

RINGCENTRAL, INC. generated $657.0M in revenue in Q2 2026. This represents an increase of 5.9% from the same quarter a year earlier. Against the prior quarter it is up 2.0%.

EBITDA

$107.4M

YoY+16.8%

QoQ+0.4%

RINGCENTRAL, INC.'s EBITDA was $107.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 16.8% from the same quarter a year earlier. Against the prior quarter it is up 0.4%.

Net Income

$39.1M

YoY+196.5%

QoQ+27.8%

RINGCENTRAL, INC. reported $39.1M in net income in Q2 2026. This represents an increase of 196.5% from the same quarter a year earlier. Against the prior quarter it is up 27.8%.

EPS (Diluted)

$0.45

YoY+221.4%

QoQ+28.6%

RINGCENTRAL, INC. earned $0.45 per diluted share (EPS) in Q2 2026. This represents an increase of 221.4% from the same quarter a year earlier. Against the prior quarter it is up 28.6%.

Cash & Balance Sheet

Free Cash Flow

$195.8M

YoY+23.6%

QoQ+24.3%

5Y CAGR+59.7%

10Y CAGR+42.1%

RINGCENTRAL, INC. generated $195.8M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 23.6% from the same quarter a year earlier. Against the prior quarter it is up 24.3%.

Cash & Debt

$111.5M

YoY-33.7%

QoQ-4.4%

5Y CAGR-19.3%

10Y CAGR-2.8%

RINGCENTRAL, INC. held $111.5M in cash against $1.1B in long-term debt as of Q2 2026.

Dividends Per Share

$0.07

QoQ0.0%

RINGCENTRAL, INC. paid $0.07 per share in dividends in Q2 2026. It is unchanged from the prior quarter.

Shares Outstanding

Diluted avg 87M

RINGCENTRAL, INC. had a weighted average of 87M diluted shares in Q2 2026; the shares outstanding count is not reported for that period.

Margins & Returns

Gross Margin

71.9%

YoY+0.7pp

QoQ-0.3pp

5Y change-0.5pp

10Y change-3.8pp

RINGCENTRAL, INC.'s gross margin was 71.9% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.3 percentage points.

Operating Margin

7.6%

YoY+1.7pp

QoQ-0.1pp

5Y change+27.0pp

10Y change+14.5pp

RINGCENTRAL, INC.'s operating margin was 7.6% in Q2 2026, reflecting core business profitability. This is up 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.1 percentage points.

Net Margin

5.9%

YoY+3.8pp

QoQ+1.2pp

5Y change+35.2pp

10Y change+14.4pp

RINGCENTRAL, INC.'s net profit margin was 5.9% in Q2 2026, showing the share of revenue converted to profit. This is up 3.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.2 percentage points.

Return on Equity

Not reported for Q2 2026.

Capital Allocation

R&D Spending

$82.8M

YoY+6.8%

QoQ+1.3%

5Y CAGR+1.7%

RINGCENTRAL, INC. invested $82.8M in research and development in Q2 2026. This represents an increase of 6.8% from the same quarter a year earlier. Against the prior quarter it is up 1.3%.

Share Buybacks

$93.7M

YoY+194.6%

QoQ+15.1%

RINGCENTRAL, INC. spent $93.7M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 194.6% from the same quarter a year earlier. Against the prior quarter it is up 15.1%.

Capital Expenditures

$10.6M

YoY+18.2%

QoQ+61.8%

5Y CAGR+13.3%

10Y CAGR+10.1%

RINGCENTRAL, INC. invested $10.6M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 18.2% from the same quarter a year earlier. Against the prior quarter it is up 61.8%.

RNG Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RNG quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$2.6B	$2.5B+4.8%	$2.4B+9.0%	$2.2B+10.8%	$2.0B+24.7%	$1.6B+34.7%	$1.2B+31.1%	$902.9M+34.0%	$673.6M+33.8%	$503.6M+32.4%	$380.4M+28.4%	$296.2M+34.7%	$219.9M+37.0%	$160.5M+40.1%	$114.5M+45.2%	$78.9M
Cost of Revenue	$728.0M	$723.2M+2.5%	$705.5M+6.2%	$664.3M+3.5%	$641.7M+43.1%	$448.4M+38.6%	$323.6M+40.1%	$231.0M+47.0%	$157.1M+29.6%	$121.3M+31.5%	$92.2M+5.7%	$87.3M+13.7%	$76.8M+24.8%	$61.5M+37.0%	$44.9M+36.1%	$33.0M
Gross Profit	$1.9B	$1.8B+5.7%	$1.7B+10.2%	$1.5B+14.2%	$1.3B+17.5%	$1.1B+33.3%	$860.0M+28.0%	$671.8M+30.1%	$516.5M+35.1%	$382.3M+32.7%	$288.2M+37.9%	$209.0M+46.0%	$143.1M+44.6%	$99.0M+42.2%	$69.6M+51.8%	$45.9M
R&D Expenses	$322.0M	$317.0M-3.7%	$329.3M-1.9%	$335.9M-7.3%	$362.3M+17.0%	$309.7M+63.5%	$189.5M+39.0%	$136.4M+35.0%	$101.0M+34.5%	$75.1M+14.7%	$65.5M+23.8%	$52.9M+18.7%	$44.6M+33.5%	$33.4M+36.6%	$24.4M+100.4%	$12.2M
SG&A Expenses	$255.2M	$258.4M-3.0%	$266.4M-20.0%	$333.0M+13.7%	$292.9M+3.0%	$284.3M+42.1%	$200.0M+40.8%	$142.0M+38.2%	$102.8M+42.1%	$72.3M+30.4%	$55.5M+17.7%	$47.1M+21.1%	$38.9M+13.5%	$34.3M+40.3%	$24.4M+88.4%	$13.0M
Operating Income	$173.6M	$120.6M+4415.0%	$2.7M+101.3%	-$198.8M+69.4%	-$649.5M-115.2%	-$301.8M-166.5%	-$113.2M-147.9%	-$45.7M-177.9%	-$16.4M-207.9%	-$5.3M+58.5%	-$12.9M+58.4%	-$30.9M+31.6%	-$45.2M-10.2%	-$41.0M-21.3%	-$33.8M-144.4%	-$13.8M
EBITDA	N/A	$343.2M+52.3%	$225.3M+541.3%	$35.1M+108.7%	-$402.9M-128.3%	-$176.5M-369.1%	-$37.6M-382.1%	-$7.8M-214.2%	$6.8M-37.1%	$10.9M+505.9%	$1.8M+110.3%	-$17.5M+49.9%	-$34.8M-8.7%	-$32.1M-16.0%	-$27.6M-168.5%	-$10.3M
Interest Expense	$58.6M	$57.5M-9.3%	$63.4M+76.2%	$36.0M+648.8%	$4.8M-92.5%	$64.4M+30.6%	$49.3M+140.3%	$20.5M+27.4%	$16.1M+16164.6%	$99K-86.7%	$746K-33.6%	$1.1M-44.0%	$2.0M-62.7%	$5.4M+258.2%	$1.5M+851.3%	$158K
Income Tax	$11.0M	$12.8M+16.1%	$11.1M+31.8%	$8.4M+64.2%	$5.1M+102.3%	$2.5M+170.7%	$934K+128.0%	-$3.3M-2480.7%	$140K-45.7%	$258K+9.3%	$236K+118.7%	-$1.3M-1402.1%	$97K+315.6%	-$45K-148.9%	$92K+513.3%	$15K
Net Income	$110.3M	$43.4M+174.4%	-$58.3M+64.7%	-$165.2M+81.2%	-$879.2M-133.7%	-$376.3M-353.3%	-$83.0M-54.8%	-$53.6M-104.6%	-$26.2M-523.3%	-$4.2M+74.1%	-$16.2M+49.5%	-$32.1M+33.6%	-$48.3M-4.9%	-$46.1M-30.3%	-$35.4M-154.5%	-$13.9M
EPS (Basic)	N/A	$0.48+176.2%	-$0.63+63.8%	-$1.74+81.1%	-$9.23-125.1%	-$4.10-336.2%	-$0.94-46.9%	-$0.64	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	$1.25	$0.48+176.2%	-$0.63+63.8%	-$1.74+81.1%	-$9.23-125.1%	-$4.10-336.2%	-$0.94-46.9%	-$0.64	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	91M-1.0%	92M-3.0%	95M-0.3%	95M+3.8%	92M+3.4%	89M+6.7%	83M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$657.0M+5.9%	$644.2M+5.3%	$644.0M+4.8%	$638.7M+4.9%	$620.4M+4.6%	$612.1M+4.8%	$614.5M+7.6%	$608.8M+9.1%
Cost of Revenue	$184.7M+3.2%	$179.4M-0.6%	$183.5M+3.0%	$180.3M+0.1%	$178.9M+1.3%	$180.4M+5.8%	$178.2M+4.7%	$180.2M+6.6%
Gross Profit	$472.3M+7.0%	$464.8M+7.7%	$460.5M+5.5%	$458.3M+6.9%	$441.4M+6.1%	$431.6M+4.3%	$436.3M+8.8%	$428.6M+10.1%
R&D Expenses	$82.8M+6.8%	$81.7M-0.3%	$77.6M-8.6%	$79.9M-5.0%	$77.5M-2.8%	$82.0M+1.8%	$84.9M0.0%	$84.1M-1.5%
SG&A Expenses	$64.3M+1.5%	$60.2M-6.5%	$64.6M+10.4%	$66.1M+2.9%	$63.4M-12.4%	$64.4M-9.8%	$58.5M-33.9%	$64.2M-26.4%
Operating Income	$50.3M+36.0%	$50.0M+383.8%	$42.4M+171.4%	$30.8M+836.1%	$37.0M+789.7%	$10.3M+194.9%	$15.6M+134.7%	$3.3M+106.1%
EBITDA	$107.4M+16.8%	$106.9M+63.5%	$98.5M+39.3%	$87.3M+50.8%	$92.0M+80.5%	$65.4M+42.9%	$70.7M+398.6%	$57.9M+1052.1%
Interest Expense	$18.4M+15.8%	$14.1M-8.8%	$12.9M-16.6%	$13.2M-16.9%	$15.9M+0.8%	$15.5M-4.8%	$15.5M-6.1%	$15.9M+31.0%
Income Tax	$3.1M+26.2%	$3.5M-41.4%	$4.9M-44.0%	-$513K+87.7%	$2.5M-21.8%	$6.0M+81.3%	$8.8M+310.8%	-$4.2M-10.5%
Net Income	$39.1M+196.5%	$30.6M+396.5%	$23.0M+419.5%	$17.6M+323.6%	$13.2M+189.4%	-$10.3M+63.8%	-$7.2M+84.8%	-$7.9M+81.4%
EPS (Basic)	$0.47+213.3%	$0.36+427.3%	$0.25+412.5%	$0.19+311.1%	$0.15+193.8%	-$0.11+64.5%	-$0.08+84.0%	-$0.09+80.0%
EPS (Diluted)	$0.45+221.4%	$0.35+418.2%	$0.26+425.0%	$0.19+311.1%	$0.14+187.5%	-$0.11+64.5%	-$0.08+84.0%	-$0.09+80.0%
Diluted Shares (Avg)	87M-5.9%	87M-4.4%	N/A	92M+0.1%	92M-0.7%	91M-2.3%	N/A	92M-2.9%

RNG Balance Sheet

RNG quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$1.5B-16.8%	$1.8B-8.5%	$1.9B-6.2%	$2.1B-19.6%	$2.6B+18.1%	$2.2B+50.6%	$1.5B+62.2%	$894.3M+148.6%	$359.8M+42.4%	$252.6M+17.6%	$214.8M+14.1%	$188.3M+29.7%	$145.2M+129.2%	$63.4M	N/A
Current Assets	$765.2M-12.2%	$871.1M+2.6%	$848.6M+6.6%	$796.0M+22.3%	$650.7M-29.7%	$926.1M+72.9%	$535.5M-24.3%	$707.5M+167.2%	$264.8M+28.6%	$205.9M+20.4%	$171.0M+7.0%	$159.8M+26.1%	$126.7M+183.0%	$44.8M	N/A
Cash & Equivalents	$132.6M-45.4%	$242.8M+9.3%	$222.2M-17.7%	$270.0M+1.1%	$267.2M-58.2%	$639.9M+86.2%	$343.6M-39.3%	$566.3M+212.6%	$181.2M+13.0%	$160.4M+16.5%	$137.6M+21.6%	$113.2M-2.7%	$116.4M+207.4%	$37.9M+178.9%	$13.6M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0-100.0%	$28.5M	$0	$0	$0
Inventory	$929K-25.3%	$1.2M-16.7%	$1.5M+23.4%	$1.2M-78.6%	$5.7M+926.3%	$551K+37.4%	$401K+101.5%	$199K+0.5%	$198K+214.3%	$63K-97.3%	$2.3M+35.5%	$1.7M-19.0%	$2.1M+153.4%	$833K	N/A
Accounts Receivable	$384.1M-0.6%	$386.3M+6.0%	$364.4M+17.1%	$311.3M+33.7%	$232.8M+32.3%	$176.0M+35.4%	$130.0M+37.7%	$94.4M+102.1%	$46.7M+54.4%	$30.2M+57.8%	$19.2M+150.5%	$7.7M+151.3%	$3.0M+13.2%	$2.7M	N/A
Long-Term Investments	$0	$0	$0-100.0%	$4.6M-97.8%	$210.4M-1.3%	$213.2M+61.3%	$132.2M	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$97.8M+17.8%	$83.0M+23.2%	$67.4M+24.0%	$54.3M-2.1%	$55.5M-3.2%	$57.3M+3.7%	$55.3M+77.0%	$31.2M+232.6%	$9.4M0.0%	$9.4M0.0%	$9.4M	N/A	N/A	N/A	N/A
Total Liabilities	$1.9B-12.3%	$2.1B-5.2%	$2.2B-4.6%	$2.4B+15.5%	$2.0B+9.0%	$1.9B+165.6%	$705.0M+22.3%	$576.7M+338.7%	$131.5M+7.2%	$122.6M+17.1%	$104.7M+14.0%	$91.8M+12.4%	$81.7M+29.1%	$63.3M	N/A
Current Liabilities	$1.2B+62.7%	$748.8M+18.4%	$632.5M-3.1%	$652.6M+24.0%	$526.3M+20.1%	$438.1M+56.1%	$280.7M+40.8%	$199.4M+59.2%	$125.2M+7.9%	$116.0M+44.0%	$80.6M+5.6%	$76.3M+47.4%	$51.7M+14.3%	$45.3M	N/A
Non-Current Liabilities	$651.5M-52.9%	$1.4B-14.4%	$1.6B-5.2%	$1.7B+12.6%	$1.5B+5.6%	$1.4B+238.0%	$424.3M+12.4%	$377.4M+5935.8%	$6.3M-5.1%	$6.6M-72.7%	$24.1M+55.0%	$15.6M-48.0%	$29.9M+66.2%	$18.0M	N/A
Long-Term Debt	$629.6M-53.3%	$1.3B-11.6%	$1.5B-6.9%	$1.6B	N/A	N/A	N/A	N/A	N/A	$312K-97.9%	$14.8M+89.9%	$7.8M-67.9%	$24.4M+96.0%	$12.4M	N/A
Total Equity	-$588.1M-6.8%	-$550.9M-9.6%	-$502.6M-4.1%	-$482.8M-242.4%	$339.0M+9.9%	$308.5M-58.6%	$745.7M+134.8%	$317.6M+39.1%	$228.3M+39.0%	$164.2M+49.1%	$110.1M+14.1%	$96.5M+51.9%	$63.5M+89357.7%	$71K-95.1%	$1.5M
Retained Earnings	-$1.7B+2.5%	-$1.8B-3.4%	-$1.7B-10.8%	-$1.5B-104.9%	-$748.6M-101.1%	-$372.3M-28.7%	-$289.3M-22.7%	-$235.7M-12.5%	-$209.5M+12.5%	-$239.5M-13.9%	-$210.2M-18.0%	-$178.1M-37.3%	-$129.8M-55.1%	-$83.7M	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$1.4B-14.0%	$1.4B-12.9%	$1.5B-16.8%	$1.5B-15.9%	$1.6B-12.4%	$1.6B-12.9%	$1.8B-8.5%	$1.8B-16.7%
Current Assets	$733.2M-8.4%	$727.8M-6.7%	$765.2M-12.2%	$762.5M-11.2%	$800.3M-3.3%	$780.2M-6.1%	$871.1M+2.6%	$859.0M-18.4%
Cash & Equivalents	$111.5M-33.7%	$116.6M-24.5%	$132.6M-45.4%	$145.4M-31.6%	$168.1M-15.7%	$154.4M-24.0%	$242.8M+9.3%	$212.7M-50.8%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$991K-13.5%	$1.0M-14.4%	$929K-25.3%	$885K-57.0%	$1.1M-39.9%	$1.2M-44.0%	$1.2M-16.7%	$2.1M+76.7%
Accounts Receivable	$389.0M-0.5%	$362.5M-4.9%	$384.1M-0.6%	$381.4M-3.6%	$391.2M+5.7%	$381.1M+2.6%	$386.3M+6.0%	$395.8M+13.8%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$102.8M+20.3%	$103.0M+23.0%	$97.8M+17.8%	$98.1M+30.2%	$85.5M+14.9%	$83.8M+25.2%	$83.0M+23.2%	$75.3M+13.3%
Total Liabilities	$1.8B-5.3%	$1.8B-7.2%	$1.9B-12.3%	$1.9B-13.9%	$1.9B-12.4%	$2.0B-10.1%	$2.1B-5.2%	$2.2B-12.3%
Current Liabilities	$662.7M-46.3%	$635.4M-47.4%	$1.2B+62.7%	$1.2B+57.6%	$1.2B+61.9%	$1.2B+58.1%	$748.8M+18.4%	$764.7M+26.3%
Non-Current Liabilities	$1.1B+71.3%	$1.2B+56.3%	$651.5M-52.9%	$658.1M-53.0%	$659.5M-52.9%	$765.0M-46.6%	$1.4B-14.4%	$1.4B-24.8%
Long-Term Debt	$1.1B+69.8%	$1.2B+57.5%	$629.6M-53.3%	$633.1M-53.2%	$632.9M-53.3%	$736.3M-45.9%	$1.3B-11.6%	$1.4B-24.1%
Total Equity	-$610.4M-25.4%	-$609.3M-12.6%	-$588.1M-6.8%	-$533.8M+2.1%	-$486.6M+7.9%	-$541.2M-3.6%	-$550.9M-9.6%	-$545.4M-12.6%
Retained Earnings	-$1.7B+5.6%	-$1.7B+4.4%	-$1.7B+2.5%	-$1.7B+0.8%	-$1.8B-0.7%	-$1.8B-2.3%	-$1.8B-3.4%	-$1.8B-6.0%

RNG Cash Flow Statement

RNG quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$670.8M	$617.4M+27.8%	$483.3M+20.9%	$399.7M+108.9%	$191.3M+25.7%	$152.2M+532.4%	-$35.2M-154.3%	$64.8M-10.1%	$72.1M+75.2%	$41.2M+38.6%	$29.7M+484.1%	$5.1M+144.5%	-$11.4M+51.9%	-$23.8M-58.3%	-$15.0M-1827.5%	-$779K
Depreciation & Amortization	N/A	$222.6M0.0%	$222.6M-4.8%	$233.9M-5.1%	$246.6M+96.8%	$125.3M+65.7%	$75.6M+99.7%	$37.9M+62.7%	$23.3M+43.5%	$16.2M+10.6%	$14.7M+8.9%	$13.5M+29.8%	$10.4M+15.6%	$9.0M+45.0%	$6.2M+74.6%	$3.5M
Stock-Based Compensation	N/A	$269.7M-20.5%	$339.1M-20.5%	$426.7M+10.5%	$386.0M+7.8%	$358.0M+88.8%	$189.6M+87.1%	$101.4M+48.9%	$68.1M+61.9%	$42.1M+36.4%	$30.8M+39.6%	$22.1M+42.4%	$15.5M+105.8%	$7.5M+143.1%	$3.1M+161.1%	$1.2M
Capital Expenditures	$32.7M	$30.1M+20.4%	$25.0M+6.3%	$23.5M-28.1%	$32.7M+13.0%	$29.0M-33.6%	$43.6M+57.1%	$27.8M+2.4%	$27.1M+39.1%	$19.5M+37.0%	$14.2M-2.7%	$14.6M-15.3%	$17.3M+60.0%	$10.8M+6.1%	$10.2M+52.6%	$6.7M
Free Cash Flow	$638.1M	$587.3M+28.2%	$458.3M+21.8%	$376.1M+137.2%	$158.6M+28.7%	$123.2M+256.3%	-$78.8M-312.5%	$37.1M-17.6%	$45.0M+107.7%	$21.7M+40.0%	$15.5M+262.1%	-$9.5M+66.7%	-$28.7M+17.0%	-$34.6M-37.2%	-$25.2M-238.4%	-$7.4M
Investing Cash Flow	-$123.0M	-$108.0M+1.3%	-$109.4M-20.9%	-$90.4M-3.7%	-$87.2M+78.0%	-$396.8M-268.5%	-$107.7M+63.7%	-$296.8M-255.6%	-$83.4M-216.2%	-$26.4M-60.9%	-$16.4M	N/A	N/A	-$10.9M-7.3%	-$10.2M-52.6%	-$6.7M
Financing Cash Flow	-$602.5M	-$623.4M-77.6%	-$351.1M+1.9%	-$358.0M-264.5%	-$98.2M+22.7%	-$127.1M-129.0%	$437.6M+4739.5%	$9.0M-97.7%	$397.3M+5756.6%	$6.8M-27.3%	$9.3M	N/A	N/A	$113.2M+128.9%	$49.5M+400.4%	$9.9M
Share Buybacks	$427.6M	$334.4M+3.8%	$322.4M+3.6%	$311.1M+211.7%	$99.8M	$0	$0	$0-100.0%	$15.0M	$0	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$206.4M+23.3%	$164.0M+9.6%	$149.0M+12.1%	$151.4M+19.0%	$167.4M+31.7%	$149.7M+55.7%	$132.9M+16.7%	$127.2M+46.9%
Depreciation & Amortization	$57.1M+3.8%	$56.9M+3.4%	$56.2M+2.1%	$56.5M+3.5%	$55.0M-2.3%	$55.1M-2.8%	$55.1M-7.0%	$54.6M-7.8%
Stock-Based Compensation	$57.1M-10.0%	$54.7M-29.8%	N/A	$64.7M-22.7%	$63.5M-26.9%	$77.9M-11.7%	N/A	$83.7M-25.1%
Capital Expenditures	$10.6M+18.2%	$6.5M+17.1%	$8.0M+25.3%	$7.6M+1.9%	$9.0M+77.3%	$5.6M-8.9%	$6.4M+6.3%	$7.4M+70.6%
Free Cash Flow	$195.8M+23.6%	$157.5M+9.3%	$141.0M+11.5%	$143.8M+20.0%	$158.5M+29.9%	$144.1M+60.2%	$126.5M+17.3%	$119.8M+45.7%
Investing Cash Flow	-$26.2M-14.0%	-$31.3M-60.8%	-$22.9M-8.6%	-$42.6M-75.2%	-$23.0M+48.3%	-$19.5M-0.4%	-$21.1M-5.3%	-$24.3M+22.4%
Financing Cash Flow	-$185.4M-38.4%	-$147.5M+32.9%	-$138.8M-77.9%	-$130.9M-41.9%	-$133.9M-55.3%	-$219.9M-132.3%	-$78.0M+74.5%	-$92.2M-160.2%
Dividends Paid	$6.4M	$6.4M	N/A	N/A	$0	$0	N/A	N/A
Share Buybacks	$93.7M+194.6%	$81.3M+62.7%	$135.4M+75.0%	$117.2M+41.3%	$31.8M-61.0%	$50.0M-37.9%	$77.4M+25.7%	$83.0M+10.7%

RNG Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

RNG quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	71.2%+0.6pp	70.6%+0.8pp	69.8%+2.1pp	67.7%-4.1pp	71.9%-0.8pp	72.7%-1.7pp	74.4%-2.3pp	76.7%+0.8pp	75.9%+0.2pp	75.8%+5.2pp	70.5%+5.4pp	65.1%+3.4pp	61.7%+0.9pp	60.8%+2.6pp	58.2%
Operating Margin	4.8%+4.7pp	0.1%+9.1pp	-9.0%+23.6pp	-32.7%-13.7pp	-18.9%-9.4pp	-9.6%-4.5pp	-5.1%-2.6pp	-2.4%-1.4pp	-1.1%+2.3pp	-3.4%+7.1pp	-10.4%+10.1pp	-20.6%+5.0pp	-25.6%+4.0pp	-29.5%-12.0pp	-17.5%
Net Margin	1.7%+4.2pp	-2.4%+5.1pp	-7.5%+36.7pp	-44.2%-20.6pp	-23.6%-16.6pp	-7.0%-1.1pp	-5.9%-2.1pp	-3.9%-3.1pp	-0.8%+3.4pp	-4.3%+6.6pp	-10.8%+11.1pp	-22.0%+6.7pp	-28.7%+2.2pp	-30.9%-13.3pp	-17.6%
Return on Equity	N/A	N/A	N/A	N/A	-111.0%-84.1pp	-26.9%-19.7pp	-7.2%+1.1pp	-8.3%-6.4pp	-1.8%+8.0pp	-9.9%+19.3pp	-29.1%+20.9pp	-50.1%+22.5pp	-72.6%+49772.5pp	-49845.1%-48887.6pp	-957.5%
Return on Assets	2.9%+6.2pp	-3.3%+5.2pp	-8.5%+33.9pp	-42.4%-27.8pp	-14.6%-10.8pp	-3.8%-0.1pp	-3.7%-0.8pp	-2.9%-1.8pp	-1.2%+5.2pp	-6.4%+8.5pp	-14.9%+10.7pp	-25.7%+6.1pp	-31.8%+24.1pp	-55.9%	N/A
Current Ratio	0.63-0.5x	1.16-0.2x	1.34+0.1x	1.220.0x	1.24-0.9x	2.11+0.2x	1.91-1.6x	3.55+1.4x	2.11+0.3x	1.78-0.3x	2.120.0x	2.09-0.4x	2.45+1.5x	0.99	N/A
Debt-to-Equity	N/A	N/A	N/A	N/A	6.020.0x	6.07+5.1x	0.95-0.9x	1.82+1.2x	0.58+0.6x	0.00-0.1x	0.13+0.1x	0.08-0.3x	0.38-174.7x	175.04	N/A
Asset Turnover	1.70+0.3x	1.35+0.2x	1.13+0.2x	0.96+0.3x	0.62+0.1x	0.54-0.1x	0.62-0.1x	0.75-0.6x	1.40-0.1x	1.51+0.1x	1.38+0.2x	1.17+0.1x	1.11-0.7x	1.81	N/A
FCF Margin	23.4%+4.3pp	19.1%+2.0pp	17.1%+9.1pp	8.0%+0.3pp	7.7%+14.4pp	-6.7%-10.8pp	4.1%-2.6pp	6.7%+2.4pp	4.3%+0.2pp	4.1%+7.3pp	-3.2%+9.8pp	-13.1%+8.5pp	-21.5%+0.5pp	-22.0%-12.6pp	-9.4%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	71.9%+0.7pp	72.2%+1.6pp	71.5%+0.5pp	71.8%+1.4pp	71.2%+1.0pp	70.5%-0.3pp	71.0%+0.8pp	70.4%+0.7pp
Operating Margin	7.6%+1.7pp	7.8%+6.1pp	6.6%+4.0pp	4.8%+4.3pp	6.0%+6.9pp	1.7%+3.6pp	2.5%+10.4pp	0.5%+10.3pp
Net Margin	5.9%+3.8pp	4.8%+6.4pp	3.6%+4.7pp	2.8%+4.0pp	2.1%+4.6pp	-1.7%+3.2pp	-1.2%+7.1pp	-1.3%+6.3pp
Return on Assets	2.8%+2.0pp	2.1%+2.8pp	1.6%+1.9pp	1.1%+1.6pp	0.8%+1.6pp	-0.6%+0.9pp	-0.4%+2.0pp	-0.4%+1.5pp
Current Ratio	1.11+0.5x	1.15+0.5x	0.63-0.5x	0.63-0.5x	0.65-0.4x	0.65-0.4x	1.16-0.2x	1.12-0.6x
Asset Turnover	0.48+0.1x	0.45+0.1x	0.43+0.1x	0.42+0.1x	0.39+0.1x	0.38+0.1x	0.35+0.1x	0.33+0.1x
FCF Margin	29.8%+4.3pp	24.4%+0.9pp	21.9%+1.3pp	22.5%+2.8pp	25.5%+5.0pp	23.5%+8.1pp	20.6%+1.7pp	19.7%+5.0pp

Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.

Note: Shareholder equity is negative (-$588.1M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

Note: The current ratio is below 1.0 (0.63), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
RINGCENTRAL, INC. RNG	FY2025	$2.5B	$43.4M	1.7%	$6.6B	48/100
NCR Atleos Corporation NATL	FY2025	$4.4B	$162.0M	3.7%	$3.4B	44/100
Agilysys, Inc. AGYS	FY2026	$319.3M	$38.8M	12.2%	$2.9B	72/100
Alarm.com Holdings, Inc. ALRM	FY2025	$1.0B	$131.6M	13.0%	$2.7B	61/100
BlackLine, Inc. BL	FY2025	$700.4M	$24.5M	3.5%	$1.7B	45/100

Where RINGCENTRAL, INC. Ranks

Frequently Asked Questions

What is RINGCENTRAL, INC.'s annual revenue?

RINGCENTRAL, INC. (RNG) reported $2.5B in total revenue for fiscal year 2025. This represents a 4.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is RINGCENTRAL, INC.'s revenue growing?

RINGCENTRAL, INC. (RNG) revenue grew by 4.8% year-over-year, from $2.4B to $2.5B in fiscal year 2025.

Is RINGCENTRAL, INC. profitable?

Yes, RINGCENTRAL, INC. (RNG) reported a net income of $43.4M in fiscal year 2025, with a net profit margin of 1.7%.

What is RINGCENTRAL, INC.'s EBITDA?

RINGCENTRAL, INC. (RNG) had EBITDA of $343.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does RINGCENTRAL, INC. have?

As of fiscal year 2025, RINGCENTRAL, INC. (RNG) had $132.6M in cash and equivalents against $629.6M in long-term debt.

What is RINGCENTRAL, INC.'s gross margin?

RINGCENTRAL, INC. (RNG) had a gross margin of 71.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is RINGCENTRAL, INC.'s operating margin?

RINGCENTRAL, INC. (RNG) had an operating margin of 4.8% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is RINGCENTRAL, INC.'s net profit margin?

RINGCENTRAL, INC. (RNG) had a net profit margin of 1.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is RINGCENTRAL, INC.'s free cash flow?

RINGCENTRAL, INC. (RNG) generated $587.3M in free cash flow during fiscal year 2025. This represents a 28.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is RINGCENTRAL, INC.'s operating cash flow?

RINGCENTRAL, INC. (RNG) generated $617.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are RINGCENTRAL, INC.'s total assets?

RINGCENTRAL, INC. (RNG) had $1.5B in total assets as of fiscal year 2025, including both current and long-term assets.

What are RINGCENTRAL, INC.'s capital expenditures?

RINGCENTRAL, INC. (RNG) invested $30.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does RINGCENTRAL, INC. spend on research and development?

RINGCENTRAL, INC. (RNG) invested $317.0M in research and development during fiscal year 2025.

Does RINGCENTRAL, INC. buy back shares?

Yes, RINGCENTRAL, INC. (RNG) spent $334.4M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is RINGCENTRAL, INC.'s current ratio?

RINGCENTRAL, INC. (RNG) had a current ratio of 0.63 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is RINGCENTRAL, INC.'s return on assets (ROA)?

RINGCENTRAL, INC. (RNG) had a return on assets of 2.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is RINGCENTRAL, INC.'s P/E ratio?

RINGCENTRAL, INC. (RNG) trades at 60.0x earnings, its market capitalization divided by net income of $110.3M net income, trailing 12 months to June 30, 2026. The market capitalization is $6.6B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is RINGCENTRAL, INC.'s price-to-sales ratio?

RINGCENTRAL, INC. (RNG) trades at 2.6x sales, its market capitalization divided by revenue of $2.6B revenue, trailing 12 months to June 30, 2026. The market capitalization is $6.6B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Why is RINGCENTRAL, INC.'s debt-to-equity ratio negative or not reported?

RINGCENTRAL, INC. (RNG) has negative shareholder equity of -$588.1M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

What is RINGCENTRAL, INC.'s Altman Z-Score?

RINGCENTRAL, INC. (RNG) has an Altman Z-Score of 2.10, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is RINGCENTRAL, INC.'s Piotroski F-Score?

RINGCENTRAL, INC. (RNG) has a Piotroski F-Score of 7 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are RINGCENTRAL, INC.'s earnings high quality?

RINGCENTRAL, INC. (RNG) has an earnings quality ratio of 14.23x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can RINGCENTRAL, INC. cover its interest payments?

RINGCENTRAL, INC. (RNG) has an interest coverage ratio of 2.10x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is RINGCENTRAL, INC.?

RINGCENTRAL, INC. (RNG) scores 48 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.