RingCentral Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	2,394	2,297	2,100	1,888	1,482	1,086
Other Revenue	91.28	103.2	102.1	100.57	112.67	97.38
Revenue	2,486	2,400	2,202	1,988	1,595	1,184
Revenue Growth (YoY)	5.45%	8.99%	10.77%	24.68%	34.73%	31.10%
Cost of Revenue	717.13	705.51	664.29	641.73	448.37	323.61
Gross Profit	1,768	1,695	1,538	1,347	1,146	860.05
Selling, General & Admin	1,342	1,355	1,386	1,338	1,138	783.81
Research & Development	319.47	326.11	331.39	356.94	309.74	189.48
Other Operating Expenses	-	-	-	283.69	-	-
Operating Expenses	1,662	1,681	1,717	1,978	1,448	973.29
Operating Income	106.79	13.97	-179.32	-631.75	-301.79	-113.24
Interest Expense	-62.85	-65	-36	-4.81	-64.38	-49.28
Interest & Investment Income	4	8	12.5	2.5	-	-
Other Non Operating Income (Expenses)	7.44	7.1	12.06	-222.27	-5.82	93.74
EBT Excluding Unusual Items	55.38	-35.92	-190.75	-856.33	-371.99	-68.78
Merger & Restructuring Charges	-13.04	-11.3	-19.49	-17.73	-	-
Other Unusual Items	-12.4	-	53.4	-	-1.74	-13.28
Pretax Income	29.94	-47.23	-156.85	-874.05	-373.72	-82.06
Income Tax Expense	16.7	11.06	8.4	5.11	2.53	0.93
Net Income	13.24	-58.29	-165.24	-879.17	-376.25	-83
Net Income to Common	13.24	-58.29	-165.24	-879.17	-376.25	-83
Shares Outstanding (Basic)	91	92	95	95	92	89
Shares Outstanding (Diluted)	92	92	95	95	92	89
Shares Change (YoY)	-1.12%	-2.95%	-0.34%	3.82%	3.44%	6.68%
EPS (Basic)	0.15	-0.63	-1.74	-9.23	-4.10	-0.94
EPS (Diluted)	0.14	-0.63	-1.74	-9.23	-4.10	-0.94
Free Cash Flow	572.83	458.28	376.15	158.59	123.19	-78.81
Free Cash Flow Per Share	6.23	4.97	3.96	1.67	1.34	-0.89
Gross Margin	71.15%	70.61%	69.84%	67.73%	71.89%	72.66%
Operating Margin	4.30%	0.58%	-8.14%	-31.77%	-18.92%	-9.57%
Profit Margin	0.53%	-2.43%	-7.50%	-44.22%	-23.59%	-7.01%
Free Cash Flow Margin	23.05%	19.09%	17.08%	7.98%	7.72%	-6.66%
EBITDA	328.25	236.58	54.62	-385.19	-176.49	-37.63
EBITDA Margin	13.21%	9.86%	2.48%	-19.37%	-11.07%	-3.18%
D&A For EBITDA	221.45	222.61	233.94	246.56	125.29	75.61
EBIT	106.79	13.97	-179.32	-631.75	-301.79	-113.24
EBIT Margin	4.30%	0.58%	-8.14%	-31.77%	-18.92%	-9.57%
Revenue as Reported	2,486	2,400	2,202	1,988	1,595	1,184

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.