RingCentral RNG Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 71.6%+1.1pp | 71.2%+0.6pp | 71.1%+0.7pp | 70.8%+0.5pp | 70.5%+0.5pp | |
| Operating margin | 6.3%+5.3pp | 4.8%+4.7pp | 3.8%+6.2pp | 2.7%+7.7pp | 1%+7.9pp | |
| Net margin | 3.3%+5.0pp | 1.7%+4.2pp | 0.5%+4.7pp | -0.5%+5.3pp | -1.7%+4.5pp | |
| Returns | ||||||
| Return on invested capital | 22.8%+20.0pp | 12.6%+12.3pp | 6%+11.4pp | 8.2%+19.5pp | 2.8%— | |
| Efficiency | ||||||
| Asset turnover | 1.7×+0.3× | 1.5×+0.3× | 1.5×+0.3× | 1.4×+0.2× | 1.4×+0.2× | |
| Liquidity | ||||||
| Current ratio | 1.1×+0.5× | 0.6×-0.5× | 0.6×-0.5× | 0.6×-0.4× | 0.6×-0.4× | |
| Leverage | ||||||
| Net debt / EBITDA | 3×-2.2× | 3.4×-3.1× | 3.7×-5.1× | 4×-8.9× | 5.1×-14.0× | |
| Per Share | ||||||
| Book value per share | -$7.00-17.8% | -$6.45-7.8% | -$5.80+2.2% | -$5.29+7.2% | -$5.95-6.0% | |
| Valuation | ||||||
| Market capitalization | $3.13B+39.2% | $2.47B-21.5% | $2.57B-11.6% | $2.48B-4.5% | $2.25B-30.0% | |
| Price / earnings | 37.1×— | 57×— | 193.9×— | —— | —— | |
| Price / sales | 1.2×+0.3× | 1×-0.3× | 1×-0.2× | 1×-0.1× | 0.9×-0.5× | |
| EV / EBITDA | 11.1×-3.2× | 10.6×-9.8× | 11.8×-14.2× | 12.7×-22.7× | 14.3×-46.0× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are RingCentral's profit margins?
- RingCentral (RNG) runs a 71.6% gross margin and a 6.3% operating margin, with a 3.3% 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.
