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RingCentral RNG Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets at other companies

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Other financials

Income statement

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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

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Return on equity-402.5%
Debt / equity
Current ratio1.1×+0.5×

Where this comes from

Reported directly by RingCentral in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

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 increase (decrease) in prepaid expense and other assets?
RingCentral (RNG) reported increase (decrease) in prepaid expense and other assets of $5.27M in Q1 2026.
How has RingCentral's increase (decrease) in prepaid expense and other assets changed year-over-year?
RingCentral's increase (decrease) in prepaid expense and other assets decreased by 2.4% year-over-year, from $5.4M to $5.27M.
What is the long-term trend for RingCentral's increase (decrease) in prepaid expense and other assets?
Over 2 years (2021 to 2024), RingCentral's increase (decrease) in prepaid expense and other assets has grown at a 43.1% compound annual growth rate (CAGR), from -$9.68M to -$19.81M.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.