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RingCentral RNG Subscriptions — Total cost of revenues

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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:CostOfGoodsAndServicesSold.

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
Other23,36221,67044,39543,614
Total revenues657,011620,3981,301,2101,232,454
Cost of revenues
Subscriptions159,504150,788313,912303,883
Other25,19828,16250,22055,517
Total cost of revenues184,702178,950364,132359,400
Gross profit472,309441,448937,078873,054
Operating expenses

Item 1. Financial Statements (unaudited)

FAQ

What is RingCentral's subscriptions — total cost of revenues?
RingCentral (RNG) reported subscriptions — total cost of revenues of $159.5M in Q2 2026.
How has RingCentral's subscriptions — total cost of revenues changed year-over-year?
RingCentral's subscriptions — total cost of revenues increased by 5.8% year-over-year, from $150.79M to $159.5M.
What is the long-term trend for RingCentral's subscriptions — total cost of revenues?
Over 4 years (2021 to 2025), RingCentral's subscriptions — total cost of revenues has grown at a 15.5% compound annual growth rate (CAGR), from $345.95M to $616.19M.
What does subscriptions — total cost of revenues mean?
This metric captures the direct costs associated with delivering subscription-based cloud services, including data center expenses, network infrastructure costs, and customer support personnel. Monitoring this figure is essential for evaluating the scalability of the service delivery model and the efficiency of cloud operations. It is a key component in calculating the gross margin for the subscription segment.

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