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RingCentral RNG North America — Concentration risk (as percent)

Other geography segments

Other Geographical Area
13%+30.0%

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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:ConcentrationRiskPercentage1.

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 north america — concentration risk (as percent)?
RingCentral (RNG) reported north america — concentration risk (as percent) of 87% in Q1 2026.
How has RingCentral's north america — concentration risk (as percent) changed year-over-year?
RingCentral's north america — concentration risk (as percent) decreased by 3.3% year-over-year, from 90% to 87%.
What does north america — concentration risk (as percent) mean?
This metric represents the proportion of total segment revenue derived from a single customer or a small group of key customers within the North American market. It serves as a measure of revenue dependency and potential vulnerability to the loss of any major account. High concentration levels indicate increased business risk, as the financial stability of the segment becomes heavily reliant on the retention of specific high-value clients.