RingCentral, Inc. (RNG)

RingCentral Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,253	2,202	1,988	1,595	1,184	902.86
Revenue Growth (YoY)	9.67%	10.77%	24.68%	34.73%	31.10%	34.03%
Cost of Revenue	674.09	664.29	641.73	448.37	323.61	231.04
Gross Profit	1,579	1,538	1,347	1,146	860.05	671.82
Selling, General & Admin	1,403	1,401	1,350	1,138	783.81	581.13
Research & Development	331.14	335.85	362.26	309.74	189.48	136.36
Other Operating Expenses	0	0	283.69	0	0	0
Operating Expenses	1,734	1,737	1,996	1,448	973.29	717.49
Operating Income	-155.18	-198.81	-649.48	-301.79	-113.24	-45.68
Interest Expense / Income	50.04	36	4.81	64.38	49.28	20.51
Other Expense / Income	-74.48	-77.96	219.77	7.55	-80.46	-9.25
Pretax Income	-130.74	-156.85	-874.05	-373.72	-82.06	-56.94
Income Tax	8.6	8.4	5.11	2.53	0.93	-3.33
Net Income	-139.34	-165.24	-879.17	-376.25	-83	-53.61
Shares Outstanding (Basic)	93	95	95	92	89	83
Shares Outstanding (Diluted)	93	95	95	92	89	83
Shares Change	-2.69%	-0.34%	3.82%	3.44%	6.68%	4.57%
EPS (Basic)	-1.49	-1.74	-9.23	-4.10	-0.94	-0.64
EPS (Diluted)	-1.49	-1.74	-9.23	-4.10	-0.94	-0.64
Free Cash Flow	313.39	323.92	104.86	79.5	-116.92	20.55
Free Cash Flow Per Share	3.37	3.41	1.10	0.87	-1.32	0.25
Gross Margin	70.08%	69.84%	67.73%	71.88%	72.66%	74.41%
Operating Margin	-6.89%	-9.03%	-32.66%	-18.92%	-9.57%	-5.06%
Profit Margin	-6.18%	-7.50%	-44.22%	-23.59%	-7.01%	-5.94%
Free Cash Flow Margin	13.91%	14.71%	5.27%	4.99%	-9.88%	2.28%
EBITDA	152.37	113.09	-622.69	-184.05	42.83	1.44
EBITDA Margin	6.76%	5.13%	-31.32%	-11.54%	3.62%	0.16%
Depreciation & Amortization	233.07	233.94	246.56	125.29	75.61	37.87
EBIT	-80.7	-120.85	-869.25	-309.34	-32.78	-36.43
EBIT Margin	-3.58%	-5.49%	-43.72%	-19.40%	-2.77%	-4.03%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).