RingCentral, Inc. (RNG) Income Statement
RNG 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsRNG revenue and net income
Where RNG's revenue goes
2025Each bar shows an amount and its share of revenue. RNG kept 1.7% of revenue as net income.
RNG profit margins
RNG growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +4.8% | +8.1% | +16.3% | +23.8% |
| Gross profit | +5.7% | +10.0% | +15.8% | +24.0% |
| Operating income | +4,627.7% | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | +17.8% | +30.0% | +34.9% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
RNG quarterly EPS vs estimates
RingCentral beat the analyst EPS estimate in 7 of the last 8 quarters. Next report: October 22, 2026 (estimate $0.69).
RNG income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.52B | $2.40B | $2.20B | $1.99B | $1.59B | $1.18B | $902.9M | $673.6M | $501.5M | $379.7M |
| Cost of revenue | $724.0M | $705.5M | $664.3M | $641.7M | $448.4M | $323.6M | $231.0M | $157.1M | $121.3M | $92.2M |
| Gross profit | $1.79B | $1.69B | $1.54B | $1.35B | $1.15B | $860.0M | $671.8M | $516.5M | $380.3M | $287.5M |
| Research & development | $317.0M | $329.3M | $335.9M | $362.3M | $309.7M | $189.5M | $136.4M | $101.0M | $75.1M | $65.5M |
| Sales, general & admin | $1.35B | $1.36B | $1.40B | $1.35B | $1.14B | $783.8M | $581.1M | $431.9M | $332.4M | $248.0M |
| Total operating expenses | $1.66B | $1.69B | $1.74B | $2.00B | $1.45B | $973.3M | $717.5M | $532.9M | $407.5M | $313.5M |
| Operating income | $126.2M | $2.7M | −$198.8M | −$649.5M | −$301.8M | −$113.2M | −$45.7M | −$16.4M | −$27.3M | −$26.0M |
| Interest income | $60.3M | $65.0M | $36.0M | $4.8M | $64.4M | $49.3M | $13.9M | $16.1M | $99,000 | $746,000 |
| Interest expense | $60.3M | $65.0M | $36.0M | $4.8M | $64.4M | $49.3M | $20.5M | $16.1M | $99,000 | $746,000 |
| Income before taxes | $56.2M | −$47.2M | −$156.8M | −$874.1M | −$373.7M | −$82.1M | −$56.9M | −$26.1M | −$25.9M | −$29.1M |
| Income taxes | $12.8M | $11.1M | $8.4M | $5.1M | $2.5M | $934,000 | −$3.3M | $140,000 | $258,000 | $236,000 |
| Net income | $43.4M | −$58.3M | −$165.2M | −$879.2M | −$376.2M | −$83.0M | −$53.6M | −$26.2M | −$26.1M | −$29.3M |
| EBITDA | $339.1M | $236.6M | $113.1M | −$622.7M | −$184.0M | $42.8M | $1.4M | $13.3M | $12.4M | $1.8M |
| EPS (diluted) | $4.37 | $3.71 | $3.23 | $1.99 | $1.34 | $0.98 | $0.82 | $0.77 | $0.20 | $0.09 |
| Gross margin | 71.2% | 70.6% | 69.8% | 67.7% | 71.9% | 72.7% | 74.4% | 76.7% | 75.8% | 75.7% |
| Operating margin | 5.0% | 0.1% | −9.0% | −32.7% | −18.9% | −9.6% | −5.1% | −2.4% | −5.4% | −6.8% |
| Net margin | 1.7% | −2.4% | −7.5% | −44.2% | −23.6% | −7.0% | −5.9% | −3.9% | −5.2% | −7.7% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $657.0M | $644.2M | $644.0M | $638.7M | $620.4M | $612.1M | $614.5M | $608.8M | $592.9M | $584.2M | $571.3M | $558.2M |
| Cost of revenue | $184.7M | $179.4M | $184.3M | $180.3M | $178.9M | $180.4M | $178.2M | $180.2M | $176.7M | $170.5M | $170.2M | $169.0M |
| Gross profit | $472.3M | $464.8M | $459.8M | $458.3M | $441.4M | $431.6M | $436.3M | $428.6M | $416.2M | $413.7M | $401.0M | $389.2M |
| Research & development | $82.8M | $81.7M | $77.6M | $79.9M | $77.5M | $82.0M | $84.9M | $84.1M | $79.8M | $80.5M | $84.9M | $85.4M |
| Sales, general & admin | $339.2M | $333.0M | $334.3M | $351.5M | $326.9M | $335.4M | $335.8M | $341.1M | $341.8M | $344.1M | $361.2M | $357.9M |
| Total operating expenses | $422.0M | $414.7M | $411.6M | $427.5M | $404.5M | $421.3M | $420.7M | $425.3M | $421.6M | $424.6M | $446.1M | $443.4M |
| Operating income | $50.3M | $50.0M | $48.1M | $30.8M | $37.0M | $10.3M | $15.6M | $3.3M | −$5.4M | −$10.9M | −$45.0M | −$54.2M |
| Interest income | — | — | $13.8M | $13.1M | $16.5M | $16.1M | $16.3M | $16.4M | — | — | — | $12.2M |
| Interest expense | $18.7M | $14.8M | $13.8M | $13.9M | $16.5M | $16.1M | $16.3M | $16.4M | $16.0M | $16.3M | $16.5M | $12.2M |
| Income before taxes | $42.3M | $34.1M | $27.9M | $17.0M | $15.7M | −$4.4M | $1.6M | −$12.0M | −$11.6M | −$25.2M | −$45.1M | −$45.9M |
| Income taxes | $3.1M | $3.5M | $4.9M | −$513,000 | $2.5M | $6.0M | $8.8M | −$4.2M | $3.2M | $3.3M | $2.1M | −$3.8M |
| Net income | $39.1M | $30.6M | $23.0M | $17.6M | $13.2M | −$10.3M | −$7.2M | −$7.9M | −$14.8M | −$28.5M | −$47.2M | −$42.1M |
| EBITDA | $118.0M | $105.8M | $97.8M | $87.4M | $87.1M | $72.5M | $73.0M | $58.9M | $60.8M | $47.7M | −$45.0M | $30.5M |
| EPS (diluted) | $0.35 | $1.20 | $1.18 | $1.13 | $1.06 | $1.00 | $0.98 | $0.95 | $0.91 | $0.87 | $0.86 | $0.78 |
| Gross margin | 71.9% | 72.1% | 71.4% | 71.8% | 71.2% | 70.5% | 71.0% | 70.4% | 70.2% | 70.8% | 70.2% | 69.7% |
| Operating margin | 7.7% | 7.8% | 7.5% | 4.8% | 6.0% | 1.7% | 2.5% | 0.5% | −0.9% | −1.9% | −7.9% | −9.7% |
| Net margin | 6.0% | 4.8% | 3.6% | 2.7% | 2.1% | −1.7% | −1.2% | −1.3% | −2.5% | −4.9% | −8.3% | −7.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in RNG's financial statements (latest annual report filed February 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
RNG financial results
In fiscal year 2025 (ended December 31, 2025), RingCentral reported revenue of $2.5 billion, up 4.8% from the year before. It had net income of $43.4 million, a net profit margin of 1.7%. Diluted earnings per share came to $4.37. Over five years revenue grew at an average rate of 16.3% a year.
See the RNG stock overview for the latest quote and news, or the RNG chart for price history and technical indicators.
RNG income statement FAQ
What is RingCentral's annual revenue?
RingCentral reported total revenue of $2.5 billion for fiscal year 2025, which ended on December 31, 2025. That was up 4.8% from $2.4 billion the previous year.
Is RingCentral profitable?
Yes. RingCentral reported net income of $43.4 million in fiscal 2025, a net profit margin of 1.7%; its operating margin was 5.0%.
What is RingCentral's gross margin?
RingCentral's gross margin was 71.2% in fiscal 2025: for every $100 of revenue, RingCentral kept $71 after the direct cost of its products and services.
How much does RingCentral spend on research and development?
RingCentral spent $317.0 million on research and development in fiscal 2025, 12.6% of revenue.
How fast is RingCentral growing?
Revenue grew 16.3% a year on average over the last five fiscal years, from $1.2 billion to $2.5 billion.
What are RingCentral's earnings per share?
RingCentral earned $4.37 per diluted share in fiscal 2025, compared with $3.71 a year earlier.
When will RingCentral report its next earnings?
RingCentral is expected to report results for the quarter ending September 30, 2026 on October 22, 2026 after the market closes.
When does RingCentral's fiscal year end?
RingCentral's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 27, 2026.