RNG on NYSE

RingCentral

Logo: RingCentral, Public domain, via Wikimedia Commons5

American communications firm

RingCentral, Inc. is an American provider of AI-powered cloud-based communication and collaboration products and services.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 19, 2026.

Overview

$2.5BRevenue, fiscal 20256
$43.4MNet income, fiscal 20256
2003Founded1

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  • TickerRNG on NYSE1
  • Industrycloud computing1
  • HeadquartersBelmont1
  • Websitewww.ringcentral.com
  • Legal formDelaware corporation1
  • Business address20 Davis Drive, Belmont, Ca 940027
  • Filer categoryLarge accelerated filer7
  • LEI549300C8EH0H1614VE844
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressCORPORATION TRUST CENTER 1209 ORANGE ST, 19801 Wilmington, United States4
  • Registered withDivision of Corporations, Department of State, 53073334

RingCentral, Inc. is an American provider of AI-powered cloud-based communication and collaboration products and services.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

71.2%Gross margin6
4.8%Operating margin6
1.7%Net margin6
4.8%Revenue growth, 20256
$587.3MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

License and Service brought in 95% of the revenue RingCentral broke down this way in fiscal 2025.

  1. License and Service$2.4B695%up 6% from 2024
  2. Product and Service, Other$88.3M63%down 14% from 2024
  3. Product$46.4M62%down 11% from 2024
Products and services by year
Products and services202320242025
License and Service$2.1B$2.3B$2.4B
Product and Service, Other$102.1M$103.2M$88.3M
Product$44.8M$51.9M$46.4M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue29¢$723.2M
  • Research and development13¢$317.0M
  • Other costs56¢$1.4B
  • Income tax1¢$12.8M
  • Profit2¢$43.4M

Out of $2.5B in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending5¢$30.1M
  • Share buybacks54¢$334.4M
  • Kept or used elsewhere41¢$252.9M

Out of $617.4M of cash from operations.6

Financial statements

Revenue9101112136$2.5B in 2025+273% since 2018
0$1.0B$2.0B$3.0B2018: $673.6M$673.6M20182019: $902.9M$902.9M2019+34%2020: $1.2B$1.2B2020+31%2021: $1.6B$1.6B2021+35%2022: $2.0B$2.0B2022+25%2023: $2.2B$2.2B2023+11%2024: $2.4B$2.4B2024+9%2025: $2.5B$2.5B2025+5%
Gross profit9101112136$1.8B in 2025+247% since 2018
0$500.0M$1.0B$1.5B$2.0B2018: $516.5M$516.5M20182019: $671.8M$671.8M2019+30%2020: $860.0M$860.0M2020+28%2021: $1.1B$1.1B2021+33%2022: $1.3B$1.3B2022+17%2023: $1.5B$1.5B2023+14%2024: $1.7B$1.7B2024+10%2025: $1.8B$1.8B2025+6%
Operating income9101112136$120.6M in 2025
-$800.0M-$600.0M-$400.0M-$200.0M0$200.0M2018: -$16.4M-$16.4M20182019: -$45.7M-$45.7M2019+178%2020: -$113.2M-$113.2M2020+148%2021: -$301.8M-$301.8M2021+167%2022: -$649.5M-$649.5M2022+115%2023: -$198.8M-$198.8M2023−69%2024: $2.7M$2.7M20242025: $120.6M$120.6M2025+4415%
Net income9101112136$43.4M in 2025
-$1.0B-$750.0M-$500.0M-$250.0M0$250.0M2018: -$26.2M-$26.2M20182019: -$53.6M-$53.6M2019+105%2020: -$83.0M-$83.0M2020+55%2021: -$376.2M-$376.2M2021+353%2022: -$879.2M-$879.2M2022+134%2023: -$165.2M-$165.2M2023−81%2024: -$58.3M-$58.3M2024−65%2025: $43.4M$43.4M2025

Every line of the income statement as filed: the last 3 fiscal years, latest first.6

Period ending2025-12-312024-12-312023-12-31
Total revenues$2.5B$2.4B$2.2B
Total cost of revenues$723.2M$705.5M$664.3M
Gross profit$1.8B$1.7B$1.5B
Research and development$317.0M$329.3M$335.9M
Sales and marketing$1.1B$1.1B$1.1B
General and administrative$258.4M$266.4M$333.0M
Total operating expenses$1.7B$1.7B$1.7B
Income (loss) from operations$120.6M$2.7M-$198.8M
Interest expense-$60.3M-$65.0M-$36.0M
Other (expense) income-$4.0M$15.1M$78.0M
Other (expense) income, net-$64.3M-$49.9M$42.0M
Income (loss) before income taxes$56.2M-$47.2M-$156.8M
Provision for income taxes$12.8M$11.1M$8.4M
Net income (loss)$43.4M-$58.3M-$165.2M
Basic (in dollars per share)$0.48-$0.63-$1.74
Diluted (in dollars per share)$0.48-$0.63-$1.74
Basic (in shares)89.5M shares92.1M shares94.9M shares
Diluted (in shares)91.2M shares92.1M shares94.9M shares

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The story

RingCentral was founded by Vlad Shmunis and Vlad Vendrow. The company originally operated as RingZero, focused on small business communications on Microsoft Windows.

RingCentral received its first round of venture capital investment in 2006. By 2011, it had secured $45 million in capital investment, with Cisco and Silicon Valley Bank among its investors. It completed its IPO on September 27, 2013, followed by a follow-on offering in March 2014 that raised an additional $39.8 million.

In 2018, RingCentral became a founding partner of the Chase Center as well as the exclusive cloud communications provider for the Golden State Warriors.

In February 2020, RingCentral and Avaya unveiled the Avaya Cloud Office application.

In April 2020, RingCentral launched RingCentral Video, a video-conferencing product that completed its Message Video Phone (MVP) solution. The RingCentral MVP app launched in May 2020.

In 2021, RingCentral entered an exclusive UCaaS partnership with Mitel, granting Mitel's users access to RingCentral's cloud communications platform. In December, the company introduced common integrations for MVP with enhanced data protections.

Mo Katibeh, formerly of AT&T, was appointed as president and COO in January 2022.

RingCentral began offering its MVP and Contact Center features to Amazon Web Services (AWS) in February 2023. That same year, it launched RingSense, an AI platform.

Read the full text

In April 2023, Vodafone Italy and RingCentral partnered to roll out Vodafone Business UC, followed by a similar rollout in Portugal in May 2023, combining RingCentral’s messaging and video tools with Vodafone’s fixed and mobile voice services. The next generation of RingCentral for Microsoft Teams 2.0 was announced in May 2023. The embedded app integrates RingCentral's cloud PBX, softphone dialer, SMS, and fax capabilities directly into the Microsoft Teams platform interface.

In June 2023, RingCentral became the first global cloud provider to offer fully compliant cloud phone system services in India.

On August 28, 2023, Tarek Robbiati was appointed CEO. In 2024, founder Vlad Shmunis returned to the CEO role.

In May 2025, RingCentral launched RingCX for Salesforce Service Cloud Voice, followed by the release of its AI Receptionist (AIR), which automates front desk call handling. AIR Pro, a voice-first AI agent platform that automates customer interactions across SMS, chat and digital channels, was launched in March 2026.

On July 28th, 2026, RingCentral acknowledged it had been the victim of a targeted attack by the hacker group ShinyHunters, which resulted in a data breach of approximately 623GB of data, including the release of over 1.6 million customer account records.

From Wikipedia’s article on RingCentral, shared under CC BY-SA 4.0.8

Leadership

Who has led RingCentral, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (24)

Products and brands

RingCentral's integrated platform ensures compatibility across its entire product line. For example, RingEX (UC) can be used with RingCentral's RingCX and Contact Center. It provides a cloud-based business phone system with PBX features, including: multiple extensions, call control, Outlook, Microsoft Teams, Salesforce, Google Docs, DropBox, and Box integration; SMS; video conferencing and web conferencing; fax; auto-receptionist; call logs; and rule-based call routing and answering. RingCentral also offers AI assistance tools, such as AIR and AI Virtual Assistant, across its unified communications and contact center platforms.

RingEX

RingEX is a unified UCaaS platform that integrates business phone, video conferencing, team messaging, SMS, and fax, along with AI-powered features. RingEX integrates directly with Microsoft Teams through RingCentral for Teams 2.0. Additionally, RingEX powers Vodafone Business UC, combining RingCentral’s messaging and video tools with Vodafone’s fixed and mobile voice services.

AI Receptionist

AI Receptionist (AIR) is RingCentral’s generative AI-powered voice agent, launched in 2025. AIR automatically answers inbound calls and routes callers by context, triages inquiries using natural language, and sends SMS confirmations. It provides transcripts and analytics for each call, featuring customizable voice and multilingual support.

RingCX

Launched in 2023, RingCX is RingCentral’s CaaS platform that combines UC services (i.e. message, video, phone, SMS, fax) with a contact center solution powered by a generative AI feature set.

Read the full text

AI Conversation Expert

Formerly known as RingSense, AI Conversation Expert (ACE) is RingCentral’s conversation intelligence and analytics engine. ACE uses voice and natural language processing to extract business intelligence from interaction data by leveraging generative AI. The platform features a centralized insights dashboard that aggregates interaction data into six strategic modules to provide high-level visibility into customer trends and streamline workflows.

From Wikipedia’s article on RingCentral, shared under CC BY-SA 4.0.8

Acquisitions

In June 2015, RingCentral acquired Glip, a persistent workstream collaboration platform that integrates team messaging, document sharing, task and event management, and other collaboration functionalities into the RingCentral platform. In October 2018, it acquired Dimelo, a Paris-based OmniChannel contact center provider.

In January 2019, the company acquired Connect First, a Boulder, Colorado-based outbound and blended customer engagement provider.

In December 2020, the company acquired DeepAffects, which specializes in intelligence-assisted speech recognition. In March 2021, it purchased Kindite, an encryption service provider.

RingCentral expanded its video communications portfolio by acquiring Hopin, an online audience engagement technology provider, in August 2023.

From Wikipedia’s article on RingCentral, shared under CC BY-SA 4.0.8

Former names

  • RingCentral IncDec 20, 2006 to Jul 3, 20197

Timeline

  1. Aug 30, 2023New chief executive Tarek Robbiati becomes CEO19
  2. Sep 26, 2013New chief executive Vladimir Shmunis becomes CEO20
  3. 2003Founded Founded1

Filings

607 filings to the SEC since October 2021: 9 annual reports, 16 quarterly reports, 42 major events, 323 insider forms, 46 large holders, 171 other. The latest 20:

  1. Oct 9, 20268-K EDGAR
  2. Oct 6, 20264 EDGAR
  3. Oct 2, 2026144 EDGAR
  4. Sep 28, 20268-K EDGAR
  5. Sep 16, 20264 EDGAR
  6. Sep 15, 2026144 EDGAR
  7. Sep 14, 2026144 EDGAR
  8. Sep 11, 20264 EDGAR
  9. Sep 9, 2026144 EDGAR
  10. Sep 4, 2026144 EDGAR
  11. Sep 3, 20264 EDGAR
  12. Sep 3, 2026144 EDGAR
  13. Sep 3, 20264 EDGAR
  14. Sep 3, 20264 EDGAR
  15. Sep 3, 20264 EDGAR
  16. Sep 3, 20264 EDGAR
  17. Sep 2, 2026144 EDGAR
  18. Sep 2, 2026144 EDGAR
  19. Sep 1, 20264 EDGAR
  20. Aug 28, 2026144 EDGAR

The 607 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

178 open-market trades by officers, directors and large owners since October 2021: 2 buys and 176 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 14, 2026Makagon KiraPresident and COOSale36,185$70.11$2.5MForm 4
Sep 9, 2026Arora TarunChief Accounting OfficerSale4,172$70.36$293.6KForm 4
Sep 3, 2026Arora TarunChief Accounting OfficerSale954$77.00$73.5KForm 4
Sep 3, 2026Shmunis VladimirCEO and ChairmanSale11,165$76.58$855.0KForm 4
Sep 2, 2026Agarwal VaibhavChief Financial OfficerSale7,046$72.10$508.0KForm 4
Sep 2, 2026Shmunis VladimirCEO and ChairmanSale15,556$71.78$1.1MForm 4
Aug 28, 2026Arora TarunChief Accounting OfficerSale4,568$69.60$317.9KForm 4
Aug 25, 2026Arora TarunChief Accounting OfficerSale675$67.45$45.5KForm 4
Aug 21, 2026Arora TarunChief Accounting OfficerSale1,876$65.26$122.4KForm 4
Aug 21, 2026Agarwal VaibhavChief Financial OfficerSale4,044$65.07$263.1KForm 4
Aug 18, 2026Agarwal VaibhavChief Financial OfficerSale1,688$65.50$110.6KForm 4
Jul 2, 2026Shenkan Amy GuggenheimDirectorSale1,265$40.59$51.3KForm 4
Jul 2, 2026THEIS ROBERT IDirectorSale2,530$40.28$101.9KForm 4
Jun 16, 2026Shmunis VladimirCEO and ChairmanSale11,696$38.22$447.0KForm 4
Jun 15, 2026Shmunis VladimirCEO and ChairmanSale15,556$38.52$599.2KForm 4
Jun 10, 2026Arora TarunChief Accounting OfficerSale4,171$38.85$162.0KForm 4
Jun 2, 2026Agarwal VaibhavChief Financial OfficerSale7,047$46.17$325.4KForm 4
May 29, 2026Arora TarunChief Accounting OfficerSale3,615$43.00$155.4KForm 4
May 27, 2026Makagon KiraPresident and COOSale16,988$42.54$722.7KForm 4
May 26, 2026Arora TarunChief Accounting OfficerSale919$42.66$39.2KForm 4

All 178 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Capital World Investors11,083,089$432.0M0.1%+105,725
BlackRock, Inc.10,798,834$420.9M0.0%−396,824
Vanguard Portfolio Management LLC6,502,530$253.5M0.0%−732,336
Ameriprise Financial Inc5,120,134$199.6M0.0%−485,510
Vanguard Capital Management LLC3,334,735$130.0M0.0%−16,801
State Street Corp3,016,103$117.6M0.0%+111,008
First Trust Advisors LP2,346,082$91.4M0.1%+766,857
Quantinno Capital Management LP2,238,449$87.3M0.1%+261,454
Alyeska Investment Group, L.P.2,048,841$79.9M0.2%+590,246
Jupiter Asset Management Ltd1,532,360$59.7M0.3%No change
Aqr Capital Management LLC1,537,795$59.1M0.0%−494,637
Geode Capital Management, LLC1,386,020$54.0M0.0%−152,511
Panagora Asset Management Inc1,383,355$53.9M0.2%+651,374
Morgan Stanley1,378,867$53.7M0.0%+237,906
Dimensional Fund Advisors LP1,349,709$52.6M0.0%+40,760
Renaissance Technologies LLC1,025,381$40.0M0.1%−187,300
Franklin Resources Inc876,792$34.2M0.0%+161,002
Mackenzie Financial Corp811,312$31.6M0.0%+617,831
Goldman Sachs Group Inc724,395$28.2M0.0%−590,761
Fort Washington Investment Advisors Inc /oh/712,943$27.8M0.1%−50,485
Russell Investments Group, Ltd.642,020$25.0M0.0%+420,758
Charles Schwab Investment Management Inc634,638$24.7M0.0%−50,041
Jpmorgan Chase & Co627,651$24.7M0.0%+51,551
UBS Group AG586,388$22.9M0.0%+60,013
Bank of New York Mellon Corp555,544$21.7M0.0%−30,245

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Apr 10, 2023Daniel S. GoldmanDemocratic, HouseSale$1,001 - $15,000−81.3%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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