RingCentral Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	2,427	2,297	2,100	1,888	1,482
Other Revenue	88.26	103.2	102.1	100.57	112.67
Revenue	2,515	2,400	2,202	1,988	1,595
Revenue Growth (YoY)	4.78%	8.99%	10.77%	24.68%	34.73%
Cost of Revenue	719.04	705.51	664.29	641.73	448.37
Gross Profit	1,796	1,695	1,538	1,347	1,146
Selling, General & Admin	1,330	1,355	1,386	1,338	1,138
Research & Development	311.4	326.11	331.39	356.94	309.74
Other Operating Expenses	-	-	-	283.69	-
Operating Expenses	1,641	1,681	1,717	1,978	1,448
Operating Income	154.88	13.97	-179.32	-631.75	-301.79
Interest Expense	-60.28	-65	-36	-4.81	-64.38
Interest & Investment Income	-	8	12.5	2.5	-
Other Non Operating Income (Expenses)	-4.04	7.1	12.06	-222.27	-5.82
EBT Excluding Unusual Items	90.56	-35.92	-190.75	-856.33	-371.99
Merger & Restructuring Charges	-18.12	-11.3	-19.49	-17.73	-
Asset Writedown	-11.44	-	-	-	-
Other Unusual Items	-4.77	-	53.4	-	-1.74
Pretax Income	56.24	-47.23	-156.85	-874.05	-373.72
Income Tax Expense	12.85	11.06	8.4	5.11	2.53
Net Income	43.39	-58.29	-165.24	-879.17	-376.25
Net Income to Common	43.39	-58.29	-165.24	-879.17	-376.25
Shares Outstanding (Basic)	89	92	95	95	92
Shares Outstanding (Diluted)	91	92	95	95	92
Shares Change (YoY)	-0.97%	-2.95%	-0.34%	3.82%	3.44%
EPS (Basic)	0.48	-0.63	-1.74	-9.23	-4.10
EPS (Diluted)	0.48	-0.63	-1.74	-9.23	-4.10
Free Cash Flow	587.32	458.28	376.15	158.59	123.19
Free Cash Flow Per Share	6.44	4.97	3.96	1.67	1.34
Gross Margin	71.41%	70.61%	69.84%	67.73%	71.89%
Operating Margin	6.16%	0.58%	-8.14%	-31.77%	-18.92%
Profit Margin	1.73%	-2.43%	-7.50%	-44.22%	-23.59%
Free Cash Flow Margin	23.35%	19.09%	17.08%	7.98%	7.72%
EBITDA	377.48	236.58	54.62	-385.19	-176.49
EBITDA Margin	15.01%	9.86%	2.48%	-19.37%	-11.07%
D&A For EBITDA	222.6	222.61	233.94	246.56	125.29
EBIT	154.88	13.97	-179.32	-631.75	-301.79
EBIT Margin	6.16%	0.58%	-8.14%	-31.77%	-18.92%
Effective Tax Rate	22.84%	-	-	-	-
Revenue as Reported	2,515	2,400	2,202	1,988	1,595

Source: S&P Global Market Intelligence. Standard template. Financial Sources.