RingCentral, Inc. (RNG)

RingCentral Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,330	2,297	2,100	1,888	1,482	1,086
Other Revenue	98.42	103.2	102.1	100.57	112.67	97.38
Revenue	2,428	2,400	2,202	1,988	1,595	1,184
Revenue Growth (YoY)	7.78%	8.99%	10.77%	24.68%	34.73%	31.10%
Cost of Revenue	714.5	705.51	664.29	641.73	448.37	323.61
Gross Profit	1,714	1,695	1,538	1,347	1,146	860.05
Selling, General & Admin	1,349	1,355	1,386	1,338	1,138	783.81
Research & Development	327.32	326.11	331.39	356.94	309.74	189.48
Other Operating Expenses	-	-	-	283.69	-	-
Operating Expenses	1,676	1,681	1,717	1,978	1,448	973.29
Operating Income	37.72	13.97	-179.32	-631.75	-301.79	-113.24
Interest Expense	-64.86	-65	-36	-4.81	-64.38	-49.28
Interest & Investment Income	6.8	8	12.5	2.5	-	-
Other Non Operating Income (Expenses)	7.76	7.1	12.06	-222.27	-5.82	93.74
EBT Excluding Unusual Items	-12.58	-35.92	-190.75	-856.33	-371.99	-68.78
Merger & Restructuring Charges	-13.81	-11.3	-19.49	-17.73	-	-
Other Unusual Items	-	-	53.4	-	-1.74	-13.28
Pretax Income	-26.39	-47.23	-156.85	-874.05	-373.72	-82.06
Income Tax Expense	13.73	11.06	8.4	5.11	2.53	0.93
Net Income	-40.12	-58.29	-165.24	-879.17	-376.25	-83
Net Income to Common	-40.12	-58.29	-165.24	-879.17	-376.25	-83
Shares Outstanding (Basic)	92	92	95	95	92	89
Shares Outstanding (Diluted)	92	92	95	95	92	89
Shares Change (YoY)	-2.85%	-2.95%	-0.34%	3.82%	3.44%	6.68%
EPS (Basic)	-0.44	-0.63	-1.74	-9.23	-4.10	-0.94
EPS (Diluted)	-0.44	-0.63	-1.74	-9.23	-4.10	-0.94
Free Cash Flow	512.4	458.28	376.15	158.59	123.19	-78.81
Free Cash Flow Per Share	5.59	4.97	3.96	1.67	1.34	-0.89
Gross Margin	70.58%	70.61%	69.84%	67.73%	71.89%	72.66%
Operating Margin	1.55%	0.58%	-8.14%	-31.77%	-18.92%	-9.57%
Profit Margin	-1.65%	-2.43%	-7.50%	-44.22%	-23.59%	-7.01%
Free Cash Flow Margin	21.10%	19.09%	17.08%	7.98%	7.72%	-6.66%
EBITDA	258.74	236.58	54.62	-385.19	-176.49	-37.63
EBITDA Margin	10.66%	9.86%	2.48%	-19.37%	-11.07%	-3.18%
D&A For EBITDA	221.02	222.61	233.94	246.56	125.29	75.61
EBIT	37.72	13.97	-179.32	-631.75	-301.79	-113.24
EBIT Margin	1.55%	0.58%	-8.14%	-31.77%	-18.92%	-9.57%
Revenue as Reported	2,428	2,400	2,202	1,988	1,595	1,184

Updated May 8, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q