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) Operating margin

Alert me on Operating margin

Ringcentral, Inc.'s operating margin over the twelve months to 30 September 2026 was 7.50%, up 2.7 percentage points from fiscal 2025 (4.79%). Over the past ten years it has ranged from −32.7% (fiscal 2022) to 4.79% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Application industry median of 0.00% and above the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 4.79% 4.68
FY2024 0.11% 9.14
FY2023 −9.03% 23.63
FY2022 −32.7% (13.74)
FY2021 −18.9% (9.35)
FY2020 −9.57% (4.51)
FY2019 −5.06% (2.62)
FY2018 −2.44% (1.38)
FY2017 −1.06% 2.32
FY2016 −3.38% 7.06

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 7.97% 0.32
Jun 2026 7.65% (0.12)
Mar 2026 7.77% 1.18
Dec 2025 6.59% 1.77
43 more quarters

Against its own ten years

Low −32.7% High 4.79%
Ten-year median −5.06%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
NICE Nice compare 18.5%
DUOL Duolingo, Inc. compare 12.4%
RNG Ringcentral, Inc. 7.50%
CVLT CommVault Systems, Inc. compare 7.39%
NIQ NIQ Global Intelligence plc compare 1.95%
KVYO Klaviyo, Inc. compare −1.33%
LYFT Lyft, Inc. compare −1.77%
NAVN Navan, Inc. compare −25.7%
OCTV Octave Intelligence plc compare —
Software Application industry median 0.00%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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