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Other financials

Income statement

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Revenue$657.0M+5.9%
Gross profit$472.3M+7.0%
Operating income$50.3M+36.0%
Net income$39.1M+196%
EPS (diluted)$0.45+221%

Balance sheet

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Cash & equivalents$106.0M-34.9%
Total debt$1.2B-10.6%
Total equity-$610.4M-25.4%
Total assets$1.4B-14.0%

Cash flow

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Operating cash flow$206.4M+23.3%
CapEx$10.6M+18.2%
Free cash flow$195.8M+23.6%

Valuation

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Market cap$5.18B+91.1%
Enterprise value$6.24B+62.0%
P/E47×
P/S+0.9×

Profitability

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Gross margin71.8%+1.1pp
Operating margin6.7%+4.0pp
Net margin4.3%+3.9pp
FCF margin24.7%+2.3pp

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:ResearchAndDevelopmentExpense.

The source filing: RingCentral’s 10-Q, filed July 23, 2026.

Filed
Jul 23, 2026, 5:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001384905-26-000046
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Total cost of revenues184,702178,950364,132359,400
Gross profit472,309441,448937,078873,054
Operating expenses
Research and development82,80177,539164,514159,522
Sales and marketing274,907263,585547,750538,483
General and administrative64,31663,361124,501127,746
Total operating expenses422,024404,485836,765825,751
Income from operations50,28536,963100,31347,303

Item 1. Financial Statements (unaudited)

FAQ

What is RingCentral's R&D?
RingCentral (RNG) reported R&D of $82.8M in Q2 2026.
How has RingCentral's R&D changed year-over-year?
RingCentral's R&D increased by 6.8% year-over-year, from $77.54M to $82.8M.
What is the long-term trend for RingCentral's R&D?
Over 4 years (2021 to 2025), RingCentral's R&D has grown at a 0.6% compound annual growth rate (CAGR), from $309.74M to $316.99M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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