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RingCentral RNG Q4 2024 Annual earnings

Reported February 20, 2025 · After market close

Revenue$614.5MBeat by $2.1M
EPS$0.98Beat by $0.02
Revenue estimate$612.4M
EPS estimate$0.96

Next report

Date not yet announced

Financials

Q4 2024

Income statement

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Revenue$614.5M+7.6%
Gross profit$436.3M+8.8%
Operating income$15.6M+135%
Net income-$7.2M+84.8%
EPS (diluted)-$0.08+84.0%

Balance sheet

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Cash & equivalents$128.3M+12.8%
Total debt$1.6B-0.7%
Total equity-$550.9M-9.6%
Total assets$1.8B-8.5%

Cash flow

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Operating cash flow$132.9M+16.7%
CapEx$6.4M+6.3%
Free cash flow$126.5M+17.3%

Valuation & ratios

Valuation

as of 12/31/24
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Market cap$3.15B-1.0%
Enterprise value$4.6B-1.2%
P/S1.3×-0.1×

Profitability

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Gross margin70.6%+0.8pp
Operating margin0.1%+0.1pp
Net margin-2.4%-1.0pp
FCF margin19.1%+2.0pp

Returns & leverage

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Current ratio1.2×-0.2×

Segments

By segment

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Reportable Segment$614.5M+11.6%

Versus estimates

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Questions, answered.

When did RingCentral report Q4 2024 earnings?
RingCentral (RNG) reported Q4 2024 earnings on February 20, 2025 after market close.
What were RingCentral's Q4 2024 revenue and EPS?
RingCentral reported revenue of $614.5M and eps of $0.98 for Q4 2024.
Did RingCentral beat estimates in Q4 2024?
Revenue beat the consensus estimate of $612.4M by $2.1M. EPS beat the consensus estimate of $0.96 by $0.02.
Where can I find RingCentral's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001384905-25-000014) directly on SEC EDGAR. The filing index links above go to sec.gov.