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RingCentral, Inc. (RNG) Stock: Price, Forecast & Analyst Target

RingCentral, Inc. (RNG) — MoonshotScore 95/100 (Exceptional band), calculated Oct 26, 2026. Price $86.31 (+3.50%), as of the Oct 26, 2026 trading session; market cap $6.36B. Expected results Feb 18, 2027.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 57.76× (market value Oct 26, 2026; cash Sep 30, 2026) · expected results Feb 18, 2027

$86.31 +$2.92 (+3.50%) Market Cap $6.36B

RingCentral, Inc. · RNG · NYSE · Technology · Software - Application

Research dated 2026-09-13: RingCentral delivers cloud-based unified communications and contact center software, allowing businesses to replace traditional phone systems and customer service infrastructure with cloud subscriptions. The company has returned to profitability this year after years of losses, and free cash flow is now approaching a target management has highlighted as among the best in its peer group.

Price as of Oct 26, 2026

Key Statistics

95 of 100

MoonshotScore v2 · RingCentral (RNG)

Exceptional
Business Quality Elite (89)
Financial Safety Strained (35)
Valuation Fair (77)
Growth Durability Compounding (94)
Momentum Surging (99)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

Elite quality and elite growth, at a cheap price, but a strained balance sheet; the market is already moving on it. Business Quality: Elite; Financial Safety: Strained; Valuation: Fair; Growth Durability: Compounding; Momentum: Surging.

  • quarterly revenue $657M (Q2 FY2026, quarter ended Jun 30, 2026)
  • EPS beat 8 of 8
  • Altman Z 3.14 · Piotroski F 8

Helping: business quality, an attractive price, durable growth, positive momentum

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for RNG (42 recorded, newest six shown)
RecordedScoreBand
95Exceptional
95Exceptional
95Exceptional
95Exceptional
96Exceptional
95Exceptional

The score was 95 in the stored Oct 24, 2026 snapshot and remains 95 in the current publication computed Oct 26, 2026 (0); the largest pillar moves were Financial Safety +1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

Dates shown where recorded
MeasureValueAs of
Latest provided price$86.31
Change on the day+3.50%
52-week range$24.14–$98.14
Market capitalisation$6.36B
Price / earnings (trailing)10.56
Beta (volatility vs the S&P 500)1.11
Dividends per share (last 12 months)$0.28
Dividend yield (last 12 months)0.32%

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 26, 2025 to Oct 26, 2026: low $26, high $86, latest $86. 5 reported quarters marked, 5 above and 0 below the recorded estimate. 1 other dated event marked. $86 $26 high $86 Nov 3, 2025 · Earnings results · reported above the recorded estimate · close $301Feb 19, 2026 · Earnings results · reported above the recorded estimate · close $402May 7, 2026 · Earnings results · reported above the recorded estimate · close $463Jul 23, 2026 · Earnings results · reported above the recorded estimate · close $484Oct 22, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $835Oct 22, 2026 · Earnings results · reported above the recorded estimate · close $836 Sep 26, 2025 Oct 26, 2026 · $86 $31Sep 26, 2025$26Oct 10, 2025$30Oct 24, 2025$27Nov 7, 2025$27Nov 21, 2025$30Dec 5, 2025$30Dec 19, 2025$28Jan 2, 2026$26Jan 16, 2026$26Jan 30, 2026$30Feb 13, 2026$36Feb 27, 2026$38Mar 13, 2026$35Mar 27, 2026$33Apr 10, 2026$41Apr 24, 2026$46May 8, 2026$44May 22, 2026$42Jun 5, 2026$35Jun 18, 2026$40Jul 2, 2026$41Jul 17, 2026$56Jul 31, 2026$64Aug 14, 2026$69Aug 28, 2026$69Sep 11, 2026$76Sep 25, 2026$79Oct 9, 2026$83Oct 23, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

Dated events ahead, in order, not to scaleNov 6, 2026, Ex-dividend date; Nov 20, 2026, Dividend payment date; Feb 18, 2027, Next results due. Spacing is order only and carries no duration.Oct 23, 20261Nov 6, 20262Nov 20, 20263Feb 18, 2027
  1. Ex-dividend dateCompany record
  2. Dividend payment dateCompany record
  3. Next results dueProvider estimate

Management outlook

  • For Q4 26, we expect subscription revenue of approximately $653 million to $659 million total revenue of approximately $673 million to $680 million GAAP operating margin of 13.3% to 14.7% up 740 basis points.

    Vaibhav Agarwal · Statement from

Chronological order, not a duration scale. Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Other perspectives

Council score for RingCentral (RNG): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

5-Factor Breakdown

Growth Durability Strong
Momentum Strong
Business Quality Strong
Financial Safety Neutral
Valuation Strong

Legends Council

5 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Neutral read
Englander-style lens (simulated) Izzy Englander Favorable read
Klarman-style lens (simulated) Seth Klarman Favorable read
Moon AI lens (model) Favorable read

Read on: Oct 19, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Neutral
Margin of Safety Fairly Valued
Profit Margin Weak
Revenue Growth Neutral
Gross Margin Strong

Read on: Sep 10, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 10, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.

Readings on this page are from Oct 26, 2026, except a card that shows its own read date.

Watch the RNG film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is RingCentral (RNG), and what does it report?

Short answer · as of

RingCentral's core product is RingCentral Office, a cloud platform that consolidates voice, video, messaging, and conferencing into one application, eliminating the need for separate phone systems and video tools.

Research dated 2026-09-13.

RingCentral's core product is RingCentral Office, a cloud platform that consolidates voice, video, messaging, and conferencing into one application, eliminating the need for separate phone systems and video tools. The company generates recurring subscription revenue from thousands of customers who pay per user per month.

The business model is straightforward—higher adoption per customer and net new customer acquisition drive growth, while operating leverage from scale allows the company to shift margins from negative to positive. The company has recently reached break-even, confirming that the unit economics work at scale.

Sources (as of 2026-09-13): Business description; Quarterly income statement (USD thousands); Annual revenue and net result (USD millions)

2 · Latest results

What do the latest results show for RingCentral (RNG)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $657M.

Research dated 2026-09-13.

The most recent quarter showed acceleration in both revenue and earnings, with net income and operating income turning decisively positive. The company has raised guidance, signaling confidence that the growth-to-profitability transition is real and not a one-time adjustment.

Operating margins have improved because the company is gaining cost discipline; the shift from loss-making to profit-making quarters reflects both top-line growth and bottom-line operating leverage, not accounting changes or one-time benefits.

Sources (as of 2026-09-13): Reported versus estimated, last 8 quarters; Quarterly income statement (USD thousands); Management outlook — dated call excerpts

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$676.04M Sep 30, 2026
Latest quarter · R&D
$88.06M Sep 30, 2026
Latest quarter · SG&A
$352.35M Sep 30, 2026
Latest quarter · FMP standardized operating result
$53.89M Sep 30, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Sep 30, 2026$676.04M$88.06M$352.35M$53.89M
Jun 30, 2026$657.01M$82.80M$339.22M$50.28M
Mar 31, 2026$644.20M$81.71M$333.03M$50.03M
Dec 31, 2025$644.03M$77.56M$334.35M$48.12M

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$676.04M Oct 22, 2026
Latest report · revenue estimate
$667.30M Oct 22, 2026
Latest report · revenue vs estimate
Above estimate Oct 22, 2026
Latest report · EPS vs estimate
Above estimate Oct 22, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Oct 22, 2026$676.04M$667.30M$1.3300$1.2800
Jul 23, 2026$657.01M$650.53M$1.2200$1.1600
May 7, 2026$644.20M$642.73M$1.2000$1.1700
Feb 19, 2026$644.03M$643.61M$1.1800$1.1400

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$657M$39M$0.45 (diluted)
Q1 FY2026$644M$31M$0.35 (diluted)
Q4 FY2025$644M$23M$0.26 (diluted)
Q3 FY2025$639M$18M$0.19 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for RingCentral (RNG)?

Short answer

Cash and short-term investments were $110.12M at the Sep 30, 2026 balance-sheet date. Operating cash flow was $179.89M for the quarter ended Sep 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-13.

RingCentral carries meaningful leverage on its balance sheet—total debt exceeds cash by roughly a billion dollars—but the company's operating cash generation is now strong enough to cover interest and slowly delever. The cash position has tightened recently as the company prioritizes debt paydown.

The key financial risk is if subscriber growth stalls or churn accelerates, forcing the company to spend harder on sales and marketing and delaying the path to higher margins. For now, the momentum is positive and the leverage is manageable.

Sources (as of 2026-09-13): Cash, investments and debt; Cash and short-term investments over time (USD millions); Cash against market value; Cash decline over the reported window

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$179.89M Sep 30, 2026
Previous quarter · operating cash flow
$206.43M Jun 30, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Sep 30, 2026$179.89M−$23.12M
Jun 30, 2026$206.43M−$26.24M
Mar 31, 2026$164.05M−$6.54M
Dec 31, 2025$155.63M$34.25M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at RingCentral (RNG)?

Short answer · as of

The next earnings report is expected on Feb 18, 2027.

Research dated 2026-09-13.

Watch the next quarterly earnings for signs that the company's free cash flow guidance holds or is being raised. Management has set an aggressive target for free cash flow as a percentage of revenue, and investors should track whether that target is achievable.

Monitor customer acquisition cost and net revenue retention (how much revenue comes from existing customers expanding their footprint); if these metrics deteriorate, the margin story is at risk even if top-line growth continues.

Sources (as of 2026-09-13): Next earnings report; Management outlook — dated call excerpts; Analyst revenue and earnings estimates (average)

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. For Q4 26, we expect subscription revenue of approximately $653 million to $659 million total revenue of approximately $673 million to $680 million GAAP operating margin of 13.3% to 14.7% up 740 basis points.

    Vaibhav Agarwal ·

5 · Peer comparison

How does RingCentral compare with its peers?

Short answer

RingCentral's score ranks 2nd of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-13.

Unlike Cisco or Polycom, which built their telephony empires on premises-based hardware, RingCentral is pure cloud and has never had to defend a legacy installed base. This gives it agility in product development but also means the market is more competitive on features and price.

Compared to Zoom, which focused on video and added messaging, RingCentral started with voice and added video, creating different customer cohorts and use cases. RingCentral's contact center product is also a meaningful but smaller line of business that Zoom does not have.

Sources (as of 2026-09-13): Business description; Revenue by segment; Trailing twelve-month ratio set

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
Dave Inc. (DAVE) Same industry, near in market value$354.60 Oct 23, 2026$4.52B97 5-pillar Oct 26, 2026
RingCentral (RNG) — this page$86.31$6.36B95
Open Text Corporation (OTEX) Same industry, near in market value$27.95 Oct 23, 2026$6.78B94 5-pillar Oct 26, 2026
AppFolio, Inc. (APPF) Same industry, near in market value$210.62 Oct 23, 2026$7.46B93 5-pillar Oct 26, 2026
Pegasystems Inc. (PEGA) Same industry, near in market value$36.42 Oct 23, 2026$5.96B91 5-pillar Oct 26, 2026
The Descartes Systems Group Inc. (DSGX) Same industry, near in market value$93.96 Oct 23, 2026$8.04B91 5-pillar Oct 26, 2026
Full Truck Alliance Co. Ltd. (YMM) Same industry, near in market value$8.29 Oct 23, 2026$8.67B91 5-pillar Oct 26, 2026
NICE Ltd. (NICE) Same industry, near in market value$121.18 Oct 23, 2026$7.10B88 5-pillar Oct 26, 2026
Duolingo, Inc. (DUOL) Same industry, near in market value$143.04 Oct 23, 2026$6.66B86 5-pillar Oct 26, 2026
The Trade Desk, Inc. (TTD) Same industry, near in market value$13.00 Oct 23, 2026$6.15B85 5-pillar Oct 26, 2026
Q2 Holdings, Inc. (QTWO) Same industry, near in market value$69.39 Oct 23, 2026$4.33B82 5-pillar Oct 26, 2026
InterDigital, Inc. (IDCC) Same industry, near in market value$327.28 Oct 23, 2026$8.45B81 5-pillar Oct 26, 2026
Clear Secure, Inc. (YOU) Named competitor$45.38 Oct 23, 2026$4.67B80 5-pillar Oct 26, 2026

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Technology stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$65.00 – $110.00
Consensus target
$89.25
Median target
$90.50

Consensus record · Captured .

Measured against a quoted price of $86.31 (as of Oct 26, 2026).

Insider activity

Form 4 records via FMP · Of the newest 100 records, those within the last 180 days, newest dated Oct 2, 2026

Transactions
72
Identified insiders
7
Purchases
0
Sales
33
Other transactions
39

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Reporting holders
391 Period end Jun 30, 2026
Previous quarter · holders
360 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Capital World Investors11,083,089
Blackrock, INC.10,798,834
Vanguard Portfolio Management LLC6,502,530
Ameriprise Financial INC5,120,134
Lsv Asset Management3,977,000

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What Investors Ask About RingCentral (RNG) — Technology

Research dated 2026-09-13; the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.

Does RingCentral still compete directly with Zoom or have they found different market segments?

RingCentral and Zoom both offer video and messaging, but RingCentral's heritage in voice and its contact center product serve different use cases. Overlap exists among large enterprises, but RingCentral's smaller business base and Zoom's consumer penetration reflect different go-to-market strategies rather than head-to-head competition everywhere.

Sources (as of 2026-09-13): Business description; Revenue by segment

Is management successfully reducing stock-based compensation costs?

Stock-based compensation remains above management's stated target range of revenue, but the company has committed to a path to reduce it. The key metric is whether this reduction happens without affecting retention and hiring, as a sudden pullback could trigger employee attrition and slow product development momentum.

Sources (as of 2026-09-13): Quarterly income statement (USD thousands); Named officers; Employees

Why is RingCentral cheaper than Zoom on a price-to-earnings basis?

RingCentral trades at a higher multiple to earnings than Zoom despite better profitability trends, reflecting different investor expectations about growth rates and competitive positioning. The gap suggests the market assigns lower growth risk to Zoom, even though RingCentral's recent profitability improvement is faster.

Sources (as of 2026-09-13): Trailing twelve-month ratio set; Analyst revenue and earnings estimates (average)

Is the contact center business a meaningful growth driver or a rounding error?

Contact center revenue is a notable segment within RingCentral and has separate upside in market share gain, but it remains smaller than the core Office platform. If contact center growth accelerates from a large customer win, it becomes a meaningful narrative driver.

Sources (as of 2026-09-13): Revenue by segment

What is the RNG stock price today?

The last price recorded on this page for RingCentral, Inc. (RNG) is $86.31, as of the Oct 26, 2026 trading session (source: Financial Modeling Prep (FMP) quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the RNG price target?

The analyst consensus price target for RingCentral, Inc. (RNG) is $89.25 (range $65.00 to $110.00, median $90.50), per FMP data captured Oct 26, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Does RNG pay a dividend?

Yes. RingCentral, Inc. (RNG) shows a trailing 12-month dividend yield of 0.32%, as of Oct 26, 2026, in the data on this page. Payout ratio and cash-flow coverage decide whether it can last, and past dividends do not guarantee future payments.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Claude (claude-haiku-4-5) on 2026-09-13. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-13): Business description; Sector / industry (provider taxonomy); Annual revenue and net result (USD millions); Operating cash flow by quarter (USD millions)

Sources — records for every figure on this page (82 figures)

The 82 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsVaibhav Agarwal (Oct 22, 2026): For Q4 26, we expect subscription revenue of approximately $653 million to $659 million total revenue of approximately $673 million to $680 million GAAP operating margin of 13.3% to 14.7% up 740 basis points.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business addressBelmont, CAOFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "20 Davis Drive, Belmont, CA, 94002, US".

FMP — 71 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateFeb 18, 2027FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
px.lastLatest provided price$86.31FMPFinancial Modeling Prep (FMP) quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time.
px.changeChange on the day+3.50%FMPFinancial Modeling Prep (FMP) quote
px.mcapMarket capitalization$6.36BFMPFinancial Modeling Prep (FMP) quote — Provider market cap uses the share class it prices; a company with more than one class may show a larger total elsewhere. Market cap record date: 2026-10-26. Source capture time was not supplied. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars+$2.92FMPFinancial Modeling Prep (FMP) quote
fin.q_revenueRevenue, Q2 FY2026$657MFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.range5252-week range$24.14–$98.14FMPFinancial Modeling Prep (FMP) quote
px.pePrice / earnings (trailing)10.56FMPFinancial Modeling Prep (FMP) · quote
px.betaBeta1.11FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveVladimir G. ShmunisFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees7,378FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $1.59B, net result −$376.25M; FY2022 revenue $1.99B, net result −$879.17M; FY2023 revenue $2.20B, net result −$165.24M; FY2024 revenue $2.40B, net result −$58.29M; FY2025 revenue $2.52B, net result $43.39MFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsLicense and Service $2.43B · Product and Service, Other $88.26MFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)72.1%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-09-30.revenue_kRevenue — period end 2026-09-30$676.04MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-09-30.rd_kR&D — period end 2026-09-30$88.06MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-09-30.sga_kSG&A — period end 2026-09-30$352.35MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-09-30.operating_result_kFMP standardized operating result — period end 2026-09-30$53.89MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.revenue_kRevenue — period end 2026-06-30$657.01MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.rd_kR&D — period end 2026-06-30$82.80MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.sga_kSG&A — period end 2026-06-30$339.22MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.operating_result_kFMP standardized operating result — period end 2026-06-30$50.28MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.revenue_kRevenue — period end 2026-03-31$644.20MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.rd_kR&D — period end 2026-03-31$81.71MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.sga_kSG&A — period end 2026-03-31$333.03MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.operating_result_kFMP standardized operating result — period end 2026-03-31$50.03MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$644.03MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.rd_kR&D — period end 2025-12-31$77.56MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$334.35MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31$48.12MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-10-22.revenue_actualRevenue · reported — report date 2026-10-22$676.04MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-10-22.revenue_estimatedRevenue · estimate — report date 2026-10-22$667.30MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-10-22.eps_actualEPS · reported — report date 2026-10-22$1.3300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-10-22.eps_estimatedEPS · estimate — report date 2026-10-22$1.2800Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-23.revenue_actualRevenue · reported — report date 2026-07-23$657.01MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-23.revenue_estimatedRevenue · estimate — report date 2026-07-23$650.53MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-23.eps_actualEPS · reported — report date 2026-07-23$1.2200Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-07-23.eps_estimatedEPS · estimate — report date 2026-07-23$1.1600Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-07.revenue_actualRevenue · reported — report date 2026-05-07$644.20MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-07.revenue_estimatedRevenue · estimate — report date 2026-05-07$642.73MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-07.eps_actualEPS · reported — report date 2026-05-07$1.2000Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-07.eps_estimatedEPS · estimate — report date 2026-05-07$1.1700Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-19.revenue_actualRevenue · reported — report date 2026-02-19$644.03MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-19.revenue_estimatedRevenue · estimate — report date 2026-02-19$643.61MReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-19.eps_actualEPS · reported — report date 2026-02-19$1.1800Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-19.eps_estimatedEPS · estimate — report date 2026-02-19$1.1400Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$110.12MFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$179.89MFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-09-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$1.03BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value38.69×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-09-30.operating_cash_flow_mOperating cash flow — period end 2026-09-30$179.89MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.operating_cash_flow_mOperating cash flow — period end 2026-06-30$206.43MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-09-30.capex_mCapital expenditure (reported) — period end 2026-09-30−$23.12MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.capex_mCapital expenditure (reported) — period end 2026-06-30−$26.24MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.operating_cash_flow_mOperating cash flow — period end 2026-03-31$164.05MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.capex_mCapital expenditure (reported) — period end 2026-03-31−$6.54MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31$155.63MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31$34.25MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$65.00 – $110.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 26, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$89.25FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 26, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$90.50FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 26, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP72 transactions · 0 purchases, 33 sales, 39 other transactions · 7 identified insiders · of the newest 100 records, those within the last 180 days, newest dated Oct 2, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.holdersReporting holders391FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders360FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesCapital World Investors — shares in provider snapshot11,083,089FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesBlackrock, INC. — shares in provider snapshot10,798,834FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesVanguard Portfolio Management LLC — shares in provider snapshot6,502,530FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesAmeriprise Financial INC — shares in provider snapshot5,120,134FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesLsv Asset Management — shares in provider snapshot3,977,000FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 2 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 8 of 8UNRECORDEDStored earnings-history observation — Captured 2026-10-20 · Expired observation
fin.scoresDistress and quality screensAltman Z 3.14 · Piotroski F 8UNRECORDEDStored financial-scores observation — Captured 2026-10-25 · Expired observation

COMPUTED — 5 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments57.76×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $110.12M at Sep 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-26. Balance-sheet reference date: 2026-09-30. The inputs do not establish a single common source date for this ratio.
div.ttm_per_shareDividends per share, last 12 months (split-adjusted)$0.28COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history — Sum of 3 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-26, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate.
div.ttm_yieldDividend yield, last 12 months0.32%COMPUTEDFinancial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate.
earn.history.depth.2026-10-22.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($676.04M) with the recorded estimate ($667.30M) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-10-22.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($1.3300) with the recorded estimate ($1.2800) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v295 of 100 · Exceptional · pillars 89 / 35 / 77 / 94 / 99OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement95 (stored snapshot Oct 24, 2026) → 95 (current publication computed Oct 26, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-09-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-09-30.revenue_k, fin.q_table.depth.2026-09-30.rd_k, fin.q_table.depth.2026-09-30.sga_k, fin.q_table.depth.2026-09-30.operating_result_k, fin.q_table.depth.2026-06-30.revenue_k, fin.q_table.depth.2026-06-30.rd_k, fin.q_table.depth.2026-06-30.sga_k, fin.q_table.depth.2026-06-30.operating_result_k, fin.q_table.depth.2026-03-31.revenue_k, fin.q_table.depth.2026-03-31.rd_k, fin.q_table.depth.2026-03-31.sga_k, fin.q_table.depth.2026-03-31.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.rd_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k.
  2. Earnings-history note. Source series as of 2026-10-22. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-10-22.revenue_actual, earn.history.depth.2026-10-22.revenue_estimated, earn.history.depth.2026-10-22.revenue_actual.comparison, earn.history.depth.2026-10-22.eps_actual.comparison, earn.history.depth.2026-10-22.eps_actual, earn.history.depth.2026-10-22.eps_estimated, earn.history.depth.2026-07-23.revenue_actual, earn.history.depth.2026-07-23.revenue_estimated, earn.history.depth.2026-07-23.eps_actual, earn.history.depth.2026-07-23.eps_estimated, earn.history.depth.2026-05-07.revenue_actual, earn.history.depth.2026-05-07.revenue_estimated, earn.history.depth.2026-05-07.eps_actual, earn.history.depth.2026-05-07.eps_estimated, earn.history.depth.2026-02-19.revenue_actual, earn.history.depth.2026-02-19.revenue_estimated, earn.history.depth.2026-02-19.eps_actual, earn.history.depth.2026-02-19.eps_estimated.
  3. Cash-flow note. Source series as of 2026-09-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-09-30.operating_cash_flow_m, fin.opcf.depth.2026-06-30.operating_cash_flow_m, fin.opcf.depth.2026-09-30.capex_m, fin.opcf.depth.2026-06-30.capex_m, fin.opcf.depth.2026-03-31.operating_cash_flow_m, fin.opcf.depth.2026-03-31.capex_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2025-12-31.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-13

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Business description
RingCentral, Inc. delivers sophisticated cloud-based software-as-a-service (SaaS) solutions designed to empower businesses across North America to communicate, collaborate, and connect seamlessly. These core offerings, including both unified communications and comprehensive contact center capabilities, are built upon the company's proprietary "Message Video Phone" (MVP) platform. Its extensive product portfolio features "RingCentral Office," a robust platform enabling communication and collaboration through high-definition voice, video, SMS, team messaging, conferencing, online meetings, and fax. For customer service operations, the "RingCentral Contact Center" provides a collaborative, omnichannel solution, complemented by "RingCentral Engage Digital" for enterprise-level digital customer interactions, and "RingCentral Engage Voice" for cloud-based outbound and blended customer engagement catering to midsize and large organizations. Furthermore, "RingCentral Video" offers dedicated video meeting services with integrated team messaging, audio/video conferencing, file sharing, and management tools. Specialized solutions include "RingCentral Professional," a virtual cloud telephone service for inbound call management, and "RingCentral Fax" for online faxing. The company caters to a diverse array of industries, such as financial services, education, healthcare, real estate, retail, technology, and government sectors. Its go-to-market strategy involves both direct sales representatives and a broad ecosystem of sales agents, resellers, and channel partners. Founded in 1999 and headquartered in Belmont, California, RingCentral has also forged strategic alliances with key industry players, including Alcatel-Lucent Enterprise and Vodafone Business.
2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Sector / industry (provider taxonomy)
Technology / Software - Application

The company's SEC filings classify it under SIC 7374 — Services-Computer Processing & Data Preparation.

2026-09-13FMPFinancial Modeling Prep (FMP) company profile
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $316.99M, Revenue: $2.52B, Period end: 2025-12-31, Net result: $43.39M
  • FY2024 — R&D: $329.32M, Revenue: $2.40B, Period end: 2024-12-31, Net result: -$58.29M
  • FY2023 — R&D: $335.85M, Revenue: $2.20B, Period end: 2023-12-31, Net result: -$165.24M
  • FY2022 — R&D: $362.26M, Revenue: $1.99B, Period end: 2022-12-31, Net result: -$879.17M
  • FY2021 — R&D: $309.74M, Revenue: $1.59B, Period end: 2021-12-31, Net result: -$376.25M
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: -$26.24M, Operating cash flow: $206.43M
  • Quarter ended 2026-03-31 — Capital expenditure: -$6.54M, Operating cash flow: $164.05M
  • Quarter ended 2025-12-31 — Capital expenditure: $34.25M, Operating cash flow: $155.63M
  • Quarter ended 2025-09-30 — Capital expenditure: -$7.57M, Operating cash flow: $151.36M
  • Quarter ended 2025-06-30 — Capital expenditure: $4.94M, Operating cash flow: $167.41M
  • Quarter ended 2025-03-31 — Capital expenditure: -$19.49M, Operating cash flow: $149.66M
  • Quarter ended 2024-12-31 — Capital expenditure: -$21.05M, Operating cash flow: $132.88M
  • Quarter ended 2024-09-30 — Capital expenditure: -$24.31M, Operating cash flow: $127.22M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: $0.45 per share, R&D: $82.80M, SG&A: $339.22M, EPS basic: $0.47 per share, EPS basis: diluted, Revenue: $657.01M, EPS diluted: $0.45 per share, Net result: $39.12M, Gross profit: $472.31M, Operating result: $50.28M
  • Quarter ended 2026-03-31 — EPS: $0.35 per share, R&D: $81.71M, SG&A: $333.03M, EPS basic: $0.36 per share, EPS basis: diluted, Revenue: $644.20M, EPS diluted: $0.35 per share, Net result: $30.62M, Gross profit: $464.77M, Operating result: $50.03M
  • Quarter ended 2025-12-31 — EPS: $0.26 per share, R&D: $77.56M, SG&A: $334.35M, EPS basic: $0.27 per share, EPS basis: diluted, Revenue: $644.03M, EPS diluted: $0.26 per share, Net result: $22.97M, Gross profit: $459.75M, Operating result: $48.12M
  • Quarter ended 2025-09-30 — EPS: $0.19 per share, R&D: $79.91M, SG&A: $351.48M, EPS basic: $0.19 per share, EPS basis: diluted, Revenue: $638.65M, EPS diluted: $0.19 per share, Net result: $17.56M, Gross profit: $458.33M, Operating result: $30.81M
  • Quarter ended 2025-06-30 — EPS: $0.14 per share, R&D: $77.54M, SG&A: $326.95M, EPS basic: $0.15 per share, EPS basis: diluted, Revenue: $620.40M, EPS diluted: $0.14 per share, Net result: $13.19M, Gross profit: $441.45M, Operating result: $36.96M
  • Quarter ended 2025-03-31 — EPS: -$0.11 per share, R&D: $81.98M, SG&A: $335.42M, EPS basic: -$0.11 per share, EPS basis: diluted, Revenue: $612.06M, EPS diluted: -$0.11 per share, Net result: -$10.33M, Gross profit: $431.61M, Operating result: $10.34M
  • Quarter ended 2024-12-31 — EPS: -$0.08 per share, R&D: $84.90M, SG&A: $335.80M, EPS basic: -$0.08 per share, EPS basis: diluted, Revenue: $614.51M, EPS diluted: -$0.08 per share, Net result: -$7.19M, Gross profit: $436.34M, Operating result: $15.64M
  • Quarter ended 2024-09-30 — EPS: -$0.0855 per share, R&D: $84.14M, SG&A: $341.15M, EPS basic: -$0.0855 per share, EPS basis: diluted, Revenue: $608.76M, EPS diluted: -$0.0855 per share, Net result: -$7.85M, Gross profit: $428.58M, Operating result: $3.29M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-07-23 — EPS actual: $1.22 per share, EPS estimated: $1.16 per share, Revenue actual: $657.01M, Revenue estimated: $650.53M
  • Reported 2026-05-07 — EPS actual: $1.2 per share, EPS estimated: $1.17 per share, Revenue actual: $644.20M, Revenue estimated: $642.73M
  • Reported 2026-02-19 — EPS actual: $1.18 per share, EPS estimated: $1.14 per share, Revenue actual: $644.03M, Revenue estimated: $643.61M
  • Reported 2025-11-03 — EPS actual: $1.13 per share, EPS estimated: $1.08 per share, Revenue actual: $638.65M, Revenue estimated: $643.54M
  • Reported 2025-08-05 — EPS actual: $1.06 per share, EPS estimated: $1.02 per share, Revenue actual: $620.40M, Revenue estimated: $635.45M
  • Reported 2025-05-08 — EPS actual: $1 per share, EPS estimated: $0.96 per share, Revenue actual: $612.06M, Revenue estimated: $621.06M
  • Reported 2025-02-20 — EPS actual: $0.98 per share, EPS estimated: $0.96 per share, Revenue actual: $614.51M, Revenue estimated: $612.42M
  • Reported 2024-11-07 — EPS actual: $0.95 per share, EPS estimated: $0.92 per share, Revenue actual: $608.76M, Revenue estimated: $612.37M
2026-07-23FMPFinancial Modeling Prep (FMP) earnings
Management outlook — dated call excerpts
Captured record · 4 entries
  • Call of 2026-05-07 — Quote: As to free cash flows, we now expect approximately $600 million of free cash flow this year, which is approaching $7 per share that we believe is among the best in our peer group. Moving forward, we plan to continue to reduce SBC with a path towards our medium-term target of 3% to 4% of revenue., Speaker: Vladimir Shmunis
  • Call of 2026-05-07 — Quote: For the full year, we now expect SBC to be approximately 9% of revenue in 2026, down from approximately 11% in 2025., Speaker: Vaibhav Agarwal
  • Call of 2026-05-07 — Quote: For the full year, we now expect GAAP operating margin to improve from 4.8% in 2025 to more than 9% in 2026., Speaker: Vaibhav Agarwal
  • Call of 2026-05-07 — Quote: For Q2 2026, we expect subscription revenue of approximately $628 million to $633 million., Speaker: Vaibhav Agarwal

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-05-07OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Cash, investments and debt
Total debt: $1.34B; Liquidity basis: cash and short-term investments; Total liabilities: $1.99B; Cash and short-term investments: $111.50M; Cash and investments: $111.50M; Long-term investments: $0; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $111.50M, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $116.60M, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $132.60M, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $145.40M, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $168.10M, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $154.40M, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $242.80M, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $212.70M, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Cash against market value
As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: -$1.23B; Total debt: $1.34B; Cash and investments: $111.50M

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-30COMPUTEDComputed from the balance sheet and the latest market capitalization
Cash decline over the reported window
To: 2026-06-30; From: 2024-09-30; Periods: 7; Cash basis: cash and short-term investments; Closing balance: $111.50M; Decline: $101.20M; Opening balance: $212.70M; Average change per period: $14.50M

Change in cash, cash equivalents and short-term investments between the 2024-09-30 and 2026-06-30 balance sheets.; This is a balance change, not operating burn: financing and investing move it too.; Averaged over 7 reporting periods of unequal length.

2026-06-30COMPUTEDComputed from reported balances
Next earnings report
Date: 2026-11-02; EPS estimate: $1.27 per share; Revenue estimate: $667.30M

The date is our provider's estimate until the company confirms it.

2026-09-13FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2027 — EPS average: $5.59 per share, Revenue average: $2.76B, Revenue low: $2.73B, Revenue high: $2.80B, Analysts (revenue): 12
  • FY2028 — EPS average: $6.17 per share, Revenue average: $2.88B, Revenue low: $2.83B, Revenue high: $3.01B, Analysts (revenue): 9
  • FY2029 — EPS average: $7.4 per share, Revenue average: $3.11B, Revenue low: $3.09B, Revenue high: $3.16B, Analysts (revenue): 4
  • FY2030 — EPS average: $8.3 per share, Revenue average: $3.30B, Revenue low: $3.28B, Revenue high: $3.35B, Analysts (revenue): 4
2026-09-13FMPFinancial Modeling Prep (FMP) analyst estimates
Revenue by segment
License and Service: $2.43B; Product and Service, Other: $88.26M
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Trailing twelve-month ratio set
Quick ratio: 1.11; Current ratio: 1.11; Debt to equity: -2.2; Net margin: 4.3%; Gross margin: 71.8%; Operating margin: 6.9%; Return on assets: 8%; Return on equity: -20.6%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-13FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Named officers
CEO: Vladimir G. Shmunis; Officers: John H. Marlow — Title: Chief Administrative Officer, SVP of Corporate Development, General Counsel & Secretary, Pay: $964,711, Born: 1969; Tarun Arora — Title: Chief Accounting Officer, Born: 1979; Vladimir G. Shmunis — Title: Co-Founder, Chief Executive Officer & Executive Chairman, Pay: $1.08M, Born: 1961; Vlad Vendrow — Title: Co-Founder & Chief Technology Officer; Kira Makagon — Title: President & Chief Operating Officer, Pay: $1.04M, Born: 1963; Vaibhav Agarwal — Title: Chief Financial Officer, Pay: $1.04M, Born: 1977; Steven Horwitz — Title: Vice President of Investor Relations; Akshay Srivastava — Title: Executive VP and General Manager of Direct & Channel

Titles and pay come from the company's proxy statement as our provider parsed it.

2026-09-13FMPFinancial Modeling Prep (FMP) key executives (proxy-derived)
Employees
Count: 7,378
2025-12-31FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

ETFs that hold RNG

Funds in our ETF coverage that list RNG among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.

ETFWeightHoldings as of
Alger Russell Innovation ETF (INVN)2.76%