What is RingCentral's inventories?

RingCentral (RNG) reported inventories of $1M in Q1 2026.

How has RingCentral's inventories changed year-over-year?

RingCentral's inventories decreased by 14.4% year-over-year, from $1.17M to $1M.

What is the long-term trend for RingCentral's inventories?

Over 5 years (2020 to 2025), RingCentral's inventories has grown at a 11.0% compound annual growth rate (CAGR), from $551K to $929K.

What does inventories mean?

Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

RingCentral RNG Inventories

Discontinued — last reported Q1 '26

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Other financials

Income statement

See full

Revenue$644.2M+5.3%

Gross profit$464.8M+7.7%

Operating income$50.0M+384%

Net income$30.6M+396%

EPS (diluted)$0.35+418%

Balance sheet

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Cash & equivalents$111.1M-25.5%

Total debt$1.3B-11.0%

Total equity-$609.3M-12.6%

Total assets$1.4B-12.9%

Cash flow

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Operating cash flow$164.0M+9.6%

CapEx$6.5M+17.1%

Free cash flow$157.5M+9.3%

Valuation

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Market cap$2.97B+39.2%

Enterprise value$4.11B+21.8%

P/E35.2×—

P/S1.2×+0.3×

Profitability

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Gross margin71.6%+1.1pp

Operating margin6.3%+5.3pp

Net margin3.3%+2.5pp

FCF margin23.6%+2.5pp

Returns & leverage

See full

Return on equity-402.5%—

Debt / equity1×—

Current ratio1.1×+0.5×

Where this comes from

Reported directly by RingCentral in its filing.

Tagged under the XBRL concept us-gaap:InventoryNet.

The official record: RingCentral’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is RingCentral's inventories?: RingCentral (RNG) reported inventories of $1M in Q1 2026.
How has RingCentral's inventories changed year-over-year?: RingCentral's inventories decreased by 14.4% year-over-year, from $1.17M to $1M.
What is the long-term trend for RingCentral's inventories?: Over 5 years (2020 to 2025), RingCentral's inventories has grown at a 11.0% compound annual growth rate (CAGR), from $551K to $929K.
What does inventories mean?: Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.