Ringcentral, Inc.

RNG Technology Software Application

Ringcentral, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.5 billion, up 4.78% from fiscal 2024.

Revenue
+5.85%
EPS
+3,442.1%
Free cash flow
+21.0%
Total debt
−19.6%

Quarter to September 2026, against a year earlier

74.44 3.52 −4.52%
Market cap
$6.6B
P/E
9.5×
Fwd P/E
10.0×
Dividend yield
0.37%
F-score
8/9
Altman Z
0.73
Beneish M
−4.36
Dividend safety
62/100

Ringcentral, Inc. (RNG) Debt to equity

Alert me on Debt to equity

Ringcentral, Inc.'s debt to equity at the end of the quarter to 30 September 2026 was −81.6×, down 79.5× from fiscal 2025 (−2.1×). Over the past ten years it has ranged from −3.4× (fiscal 2022) to 4.6× (fiscal 2020); the current reading is higher than 36% of that period. That is below the Software Application industry median of 0.0× and below the Technology sector median of 0.1×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 −2.1× —
FY2024 −2.8× —
FY2023 −3.1× —
FY2022 −3.4× —
FY2021 4.2× (8.29%)
FY2020 4.6× 748.16%
FY2019 0.5× (53.42%)
FY2018 1.2× —
FY2017 0.0× —
FY2016 0.1× (33.04%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 −81.6× —
Jun 2026 −1.8× —
Mar 2026 −2.0× —
Dec 2025 −2.1× —
43 more quarters

Against its own ten years

Low −3.4× High 4.6×
Ten-year median 0.1×
Current reading's percentile 36

Debt to equity against peers

Company Debt to equity
RNG Ringcentral, Inc. −81.6×
KVYO Klaviyo, Inc. compare 0.0×
NICE Nice compare 0.0×
DUOL Duolingo, Inc. compare 0.1×
NAVN Navan, Inc. compare 0.1×
LYFT Lyft, Inc. compare 0.3×
NIQ NIQ Global Intelligence plc compare 3.1×
CVLT CommVault Systems, Inc. compare 70.4×
OCTV Octave Intelligence plc compare —
Software Application industry median 0.0×
Technology sector median 0.1×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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