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.

RingCentral RNG Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	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
EBITDA margin	15.1%+5.0pp	13.6%+4.3pp	12.7%+5.5pp	11.6%+6.6pp	10.1%+6.6pp
Free cash flow margin	23.6%+2.5pp	23.4%+4.3pp	23%+4.4pp	22.3%+4.9pp	21.1%+4.8pp
Returns
Return on assets	5.5%+7.8pp	2.7%+5.8pp	0.8%+5.7pp	-0.7%+6.3pp	-2.3%+4.8pp
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×
Inventory turnover	665.3×+226×	666×+150×	487.7×+55.0×	470×+17.6×	439.1×+42.2×
Liquidity
Current ratio	1.1×+0.5×	0.6×-0.5×	0.6×-0.5×	0.6×-0.4×	0.6×-0.4×
Quick ratio	1.1×+0.5×	0.6×-0.5×	0.6×-0.5×	0.6×-0.4×	0.6×-0.4×
Cash ratio	0.2×+0.1×	0.1×-0.1×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Leverage
Debt-to-assets	0.9×0.0×	0.9×0.0×	0.8×0.0×	0.8×-0.1×	0.9×0.0×
Net debt / EBITDA	3×-2.2×	3.4×-3.1×	3.7×-5.1×	4×-8.9×	5.1×-14.0×
Interest coverage	2.7×+2.3×	2×+2.0×	1.5×+2.4×	1×+2.9×	0.4×+3.5×
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%
Enterprise value	$4.27B+21.8%	$3.64B-21.0%	$3.72B-15.2%	$3.62B-11.6%	$3.51B-25.4%
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×
EV / sales	1.7×+0.2×	1.4×-0.5×	1.5×-0.4×	1.5×-0.3×	1.4×-0.6×
Free cash flow yield	19.2%-3.6pp	23.8%+9.2pp	22.3%+7.2pp	22.1%+6.7pp	22.8%+11.4pp
Earnings yield	2.7%+4.5pp	1.8%+3.6pp	0.5%+3.9pp	-0.5%+4.6pp	-1.8%+2.6pp

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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.