RingCentral, Inc. (RNG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 644.2M | 644.03M | 638.65M | 620.4M | 612.06M | 614.51M | 608.76M | 592.91M | 584.21M | 571.27M | 558.16M | 539.3M | 533.69M | 524.75M | 509.03M | 486.9M | 467.66M | 448.5M | 414.63M | 379.27M |
| Revenue Growth % | 5.25% | 4.8% | 4.91% | 4.64% | 4.77% | 7.57% | 9.07% | 9.94% | 9.47% | 8.87% | 9.65% | 10.76% | 14.12% | 17% | 22.77% | 28.38% | 32.72% | 34.07% | 36.56% | 36.44% |
| Cost of Goods Sold | 179.43M | 184.28M | 180.33M | 178.95M | 180.45M | 178.17M | 180.18M | 176.67M | 170.48M | 170.22M | 168.97M | 164.42M | 160.68M | 160.59M | 167.47M | 158.19M | 155.47M | 136.02M | 110.45M | 104.92M |
| COGS % of Revenue | 27.85% | 28.61% | 28.24% | 28.84% | 29.48% | 28.99% | 29.6% | 29.8% | 29.18% | 29.8% | 30.27% | 30.49% | 30.11% | 30.6% | 32.9% | 32.49% | 33.25% | 30.33% | 26.64% | 27.66% |
| Gross Profit | 464.77M | 459.75M | 458.33M | 441.45M | 431.61M | 436.34M | 428.58M | 416.24M | 413.73M | 401.05M | 389.19M | 374.89M | 373.01M | 364.15M | 341.56M | 328.71M | 312.18M | 312.48M | 304.18M | 274.35M |
| Gross Margin % | 72.15% | 71.39% | 71.76% | 71.16% | 70.52% | 71.01% | 70.4% | 70.2% | 70.82% | 70.2% | 69.73% | 69.51% | 69.89% | 69.4% | 67.1% | 67.51% | 66.75% | 69.67% | 73.36% | 72.34% |
| Gross Profit Growth % | 7.68% | 5.37% | 6.94% | 6.06% | 4.32% | 8.8% | 10.12% | 11.03% | 10.92% | 10.13% | 13.95% | 14.05% | 19.49% | 16.54% | 12.29% | 19.81% | 22.24% | 28.42% | 37.45% | 36.26% |
| Operating Expenses | 414.74M | 411.63M | 427.52M | 404.49M | 421.27M | 420.7M | 425.29M | 421.6M | 424.63M | 446.09M | 443.37M | 419.95M | 427.54M | 619.76M | 524.12M | 436.47M | 415.72M | 415.74M | 387.31M | 347.73M |
| OpEx % of Revenue | 64.38% | 63.91% | 66.94% | 65.2% | 68.83% | 68.46% | 69.86% | 71.11% | 72.68% | 78.09% | 79.43% | 77.87% | 80.11% | 118.11% | 102.96% | 89.64% | 88.9% | 92.7% | 93.41% | 91.68% |
| Selling, General & Admin | 333.03M | 334.35M | 351.48M | 326.95M | 335.42M | 335.8M | 341.15M | 341.85M | 344.1M | 361.2M | 357.92M | 339.67M | 342.3M | 350.55M | 334.18M | 339.95M | 325.45M | 328.96M | 303.19M | 271.57M |
| SG&A % of Revenue | 51.7% | 51.91% | 55.03% | 52.7% | 54.8% | 54.64% | 56.04% | 57.66% | 58.9% | 63.23% | 64.12% | 62.98% | 64.14% | 66.8% | 65.65% | 69.82% | 69.59% | 73.35% | 73.12% | 71.6% |
| Research & Development | 81.71M | 77.56M | 79.91M | 77.54M | 81.98M | 84.9M | 84.14M | 79.75M | 80.53M | 84.89M | 85.44M | 80.28M | 85.24M | 88.76M | 86.7M | 96.52M | 90.27M | 86.78M | 84.12M | 76.16M |
| R&D % of Revenue | 12.68% | 12.04% | 12.51% | 12.5% | 13.39% | 13.82% | 13.82% | 13.45% | 13.78% | 14.86% | 15.31% | 14.89% | 15.97% | 16.92% | 17.03% | 19.82% | 19.3% | 19.35% | 20.29% | 20.08% |
| Other Operating Expenses | 0 | 0 | -1000K | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 50.03M | 48.12M | 30.81M | 36.96M | 10.34M | 15.64M | 3.29M | -5.36M | -10.9M | -45.04M | -54.17M | -45.06M | -54.53M | -255.61M | -182.56M | -107.76M | -103.54M | -103.26M | -83.14M | -73.38M |
| Operating Margin % | 7.77% | 7.47% | 4.82% | 5.96% | 1.69% | 2.54% | 0.54% | -0.9% | -1.87% | -7.88% | -9.71% | -8.36% | -10.22% | -48.71% | -35.86% | -22.13% | -22.14% | -23.02% | -20.05% | -19.35% |
| Operating Income Growth % | 383.83% | 207.73% | 836.1% | 789.74% | 194.87% | 134.72% | 106.07% | 88.11% | 80.01% | 82.38% | 70.32% | 58.18% | 47.33% | -147.54% | -119.59% | -46.86% | -146.46% | -259.25% | -180.2% | -150.14% |
| EBITDA | 50.03M | 104.32M | 129.54M | 91.88M | 65.4M | 70.69M | 57.87M | 50.96M | 45.75M | 19.37M | 10.09M | 18.1M | 2.99M | -193.22M | -120.59M | -46.49M | -42.61M | -56.19M | -51.09M | -47.23M |
| EBITDA Margin % | 7.77% | 16.2% | 20.28% | 14.81% | 10.69% | 11.5% | 9.51% | 8.6% | 7.83% | 3.39% | 1.81% | 3.36% | 0.56% | -36.82% | -23.69% | -9.55% | -9.11% | -12.53% | -12.32% | -12.45% |
| EBITDA Growth % | -23.51% | 47.58% | 123.83% | 80.29% | 42.95% | 264.92% | 473.63% | 181.6% | 1431.7% | 110.03% | 108.37% | 138.93% | 107.01% | -243.86% | -136.02% | 1.57% | -224.99% | -739.41% | -381.7% | -314.92% |
| D&A (Non-Cash Add-back) | 0 | 56.2M | 98.73M | 54.92M | 55.06M | 55.05M | 54.58M | 56.32M | 56.65M | 64.41M | 64.26M | 63.16M | 57.52M | 62.4M | 61.97M | 61.27M | 60.93M | 47.07M | 32.04M | 26.15M |
| EBIT | 50.03M | 41.65M | 30.99M | 32.14M | 17.43M | 17.92M | 4.36M | 4.44M | -8.96M | -28.6M | -33.73M | -9.41M | -49.1M | -280.66M | -282.56M | -157.26M | -148.76M | -101.07M | -130.2M | -94.6M |
| Net Interest Income | 14.8M | -13.76M | -13.94M | -16.47M | -16.11M | -16.33M | -16.39M | -16.02M | -16.25M | -16.5M | -12.16M | -5.12M | -2.21M | -1.19M | -1.18M | -1.2M | -1.23M | -16.18M | -15.98M | -15.94M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | -14.8M | 13.76M | 13.94M | 16.47M | 16.11M | 16.33M | 16.39M | 16.02M | 16.25M | 16.5M | 12.16M | 5.12M | 2.21M | 1.19M | 1.18M | 1.2M | 1.23M | 16.18M | 15.98M | 15.94M |
| Other Income/Expense | -15.92M | -20.23M | -13.76M | -21.29M | -14.71M | -14.05M | -15.32M | -6.22M | -14.31M | -63K | 8.28M | 30.53M | 3.22M | -26.24M | -101.18M | -50.7M | -46.45M | -14M | -63.04M | -37.16M |
| Pretax Income | 34.11M | 27.89M | 17.05M | 15.68M | -4.37M | 1.59M | -12.03M | -11.58M | -25.21M | -45.11M | -45.9M | -14.53M | -51.31M | -281.85M | -283.74M | -158.47M | -149.99M | -117.26M | -146.17M | -110.55M |
| Pretax Margin % | 5.29% | 4.33% | 2.67% | 2.53% | -0.71% | 0.26% | -1.98% | -1.95% | -4.32% | -7.9% | -8.22% | -2.69% | -9.62% | -53.71% | -55.74% | -32.55% | -32.07% | -26.14% | -35.25% | -29.15% |
| Income Tax | 3.49M | 4.92M | -513K | 2.48M | 5.96M | 8.78M | -4.18M | 3.18M | 3.29M | 2.14M | -3.78M | 6.95M | 3.08M | 2.21M | 873K | 1.05M | 979K | 1.1M | 577K | 410K |
| Effective Tax Rate % | 10.23% | 17.64% | -3.01% | 15.84% | -136.18% | 552.08% | 34.72% | -27.43% | -13.03% | -4.74% | 8.24% | -47.86% | -6.01% | -0.79% | -0.31% | -0.66% | -0.65% | -0.94% | -0.39% | -0.37% |
| Net Income | 30.62M | 22.97M | 17.56M | 13.19M | -10.33M | -7.19M | -7.85M | -14.75M | -28.49M | -47.24M | -42.12M | -21.48M | -54.4M | -284.06M | -284.62M | -159.51M | -150.97M | -118.36M | -146.75M | -110.96M |
| Net Margin % | 4.75% | 3.57% | 2.75% | 2.13% | -1.69% | -1.17% | -1.29% | -2.49% | -4.88% | -8.27% | -7.55% | -3.98% | -10.19% | -54.13% | -55.91% | -32.76% | -32.28% | -26.39% | -35.39% | -29.25% |
| Net Income Growth % | 396.46% | 419.52% | 323.6% | 189.43% | 63.75% | 84.78% | 81.35% | 31.32% | 47.62% | 83.37% | 85.2% | 86.53% | 63.97% | -140.01% | -93.94% | -43.76% | -81067.74% | -6378.22% | -600.25% | -21898.82% |
| Net Income (Continuing) | 30.62M | 22.97M | 17.56M | 13.19M | -10.33M | -7.19M | -7.85M | -14.75M | -28.49M | -47.24M | -42.12M | -21.48M | -54.4M | -284.06M | -284.62M | -159.51M | -150.97M | -118.36M | -146.75M | -110.96M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.35 | 0.26 | 0.19 | 0.14 | -0.11 | -0.08 | -0.09 | -0.16 | -0.31 | -0.50 | -0.45 | -0.23 | -0.57 | -2.97 | -2.98 | -1.68 | -1.60 | -1.27 | -1.60 | -1.22 |
| EPS Growth % | 418.18% | 425% | 322.22% | 187.5% | 64.52% | 84% | 81% | 30.43% | 45.61% | 83.17% | 84.9% | 86.31% | 64.38% | -133.86% | -86.25% | -37.7% | - | -6250% | -566.67% | -12300% |
| EPS (Basic) | 0.36 | 0.27 | 0.19 | 0.15 | -0.11 | -0.08 | -0.09 | -0.16 | -0.31 | -0.50 | -0.45 | -0.23 | -0.57 | -2.97 | -2.98 | -1.68 | -1.60 | -1.27 | -1.60 | -1.22 |
| Diluted Shares Outstanding | 86.99M | 87.96M | 92.31M | 92.49M | 91.02M | 90.68M | 91.89M | 92.75M | 93.14M | 94.02M | 94.59M | 95.34M | 95.72M | 95.66M | 95.58M | 95.13M | 94.57M | 93.3M | 91.81M | 91.18M |
| Basic Shares Outstanding | 84.66M | 86.11M | 90.62M | 90.86M | 91.02M | 90.68M | 91.89M | 92.75M | 93.14M | 94.02M | 94.59M | 95.34M | 95.72M | 95.66M | 95.58M | 95.13M | 94.57M | 93.3M | 91.81M | 91.18M |
| Dividend Payout Ratio | 20.95% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |