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RingCentral RNG Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin71.8%+1.1pp71.6%+1.1pp71.2%+0.6pp71.1%+0.7pp70.8%+0.5pp
Operating margin6.7%+4.0pp6.3%+5.3pp4.8%+4.7pp3.8%+6.2pp2.7%+7.7pp
Net margin4.3%+4.8pp3.3%+5.0pp1.7%+4.2pp0.5%+4.7pp-0.5%+5.3pp
Returns
Return on invested capital28.6%+20.5pp22.8%+20.0pp12.6%+12.3pp6%+11.4pp8.2%+19.5pp
Efficiency
Asset turnover1.7×+0.3×1.7×+0.3×1.5×+0.3×1.5×+0.3×1.4×+0.2×
Liquidity
Current ratio1.1×+0.5×1.1×+0.5×0.6×-0.5×0.6×-0.5×0.6×-0.4×
Leverage
Net debt / EBITDA2.6×-1.3×-2.2×3.4×-3.1×3.7×-5.1×-8.9×
Per Share
Book value per share-$7.05-33.3%-$7.00-17.8%-$6.45-7.8%-$5.80+2.2%-$5.29+7.2%
Valuation
Market capitalization$5.18B+91.1%$3.13B+39.2%$2.47B-21.5%$2.57B-11.6%$2.48B-4.5%
Price / earnings47×37.1×57×193.9×
Price / sales+0.9×1.2×+0.3×-0.3×-0.2×-0.1×
EV / EBITDA15.6×+2.1×11.1×-3.2×10.6×-9.8×11.8×-14.2×12.7×-22.7×

FAQ

What are RingCentral's profit margins?
RingCentral (RNG) runs a 71.8% gross margin and a 6.7% operating margin, with a 4.3% net margin.
Where do RingCentral's ratios come from?
Every ratio is computed from RingCentral's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.