Ringcentral, Inc. Gross Margin

Gross Margin of RNG for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Margin growth rates and interactive chart. Gross profit margin shows the percentage of revenue that exceeds a company's costs of goods sold. It illustrates how well a company is generating revenue from the costs involved in producing their products and services. The higher the margin, the more effective the company's management is in generating revenue for each dollar of cost. Gross profit margin is calculated by subtracting the cost of goods sold from total revenue for the period and dividing that number by revenue. If a company has $200 million in revenue and $80 million in cost of goods sold, the gross margin is 60%.

Highlights and Quick Summary

  • Gross Margin for the quarter ending December 31, 2022 was 69.4% (a 3.43% increase compared to previous quarter)
  • Year-over-year quarterly Gross Margin increased by 3.97%
  • Annual Gross Margin for 2022 was 67.76% (a -5.69% decrease from previous year)
  • Annual Gross Margin for 2021 was 71.85% (a -1.09% decrease from previous year)
  • Annual Gross Margin for 2020 was 72.64% (a -2.39% decrease from previous year)
  • Twelve month Gross Margin ending December 31, 2022 was 67.73% (a 0.01% increase compared to previous quarter)
  • Twelve month trailing Gross Margin decreased by -3.74% year-over-year
Trailing Gross Margin for the last four month:
31 Dec '22 30 Sep '22 30 Jun '22 31 Mar '22
67.73% 67.72% 69.18% 70.36%
Visit stockrow.com/RNG for comprehensive keystats, realtime prices, income statement, balance sheet, cash flow statement with 10 years of data, and state-of-the-art screener.

Historical Gross Margin of Ringcentral, Inc.

Most recent Gross Marginof RNG including historical data for past 10 years.

Interactive Chart of Gross Margin of Ringcentral, Inc.

Ringcentral, Inc. Gross Margin for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2022 69.4% 67.1% 67.51% 66.75% 67.76%
2021 69.67% 73.36% 72.34% 72.48% 71.85%
2020 72.73% 72.89% 72.43% 72.55% 72.64%
2019 73.55% 74.41% 75.07% 74.77% 74.42%
2018 76.61% 77.41% 76.33% 76.27% 76.71%
2017 76.19% 76.37% 75.35% 75.67% 75.92%
2016 76.57% 75.78% 75.65% 74.88% 75.76%
2015 72.6% 70.91% 69.54% 68.54% 70.54%
2014 67.81% 65.92% 62.98% 62.9% 65.09%
2013 62.17% 61.92% 61.11% 61.33% 61.67%
2012 62.04% – – – 60.79%

Business Profile of Ringcentral, Inc.

Sector: Technology
Industry: Software Application
© stockrow.com