Superworth

RingCentral profit margin RNG

Gross, operating and net profit as a share of revenue over the last twelve months, from 2012.

Net margin, 12 months
4.3%
Operating margin, 12 months
6.7%
Net margin on a year earlier
+4.8 pts
Peer median
19.4%

Over the twelve months to Jun 30, 2026, RingCentral kept 4.3% of its revenue as net profit, with an operating margin of 6.7% and a gross margin of 71.8%.

Five years earlier its net margin was −9.8%.

The median for 10 application software stocks of a similar size is 19.4%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY20251.7%4.8%71.2%
FY2024−2.4%0.1%70.6%
FY2023−7.5%−9.0%69.8%
FY2022−44.2%−32.7%67.7%
FY2021−23.6%−18.9%71.9%
FY2020−7.0%−9.6%72.7%
FY2019−5.9%−5.1%74.4%
FY2018−3.9%−2.4%76.7%
FY2017−0.8%−1.1%75.9%
FY2016−7.7%−6.8%75.7%
FY2015−10.8%−10.4%70.5%
FY2014−22.0%−20.6%65.1%
FY2013−28.7%−25.6%61.7%
FY2012−30.9%−29.5%60.8%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY264.3%+4.8 pts6.7%
Q1 FY263.3%+5.0 pts6.3%
Q4 FY251.7%+4.2 pts4.8%
Q3 FY250.5%+4.7 pts3.8%
Q2 FY25−0.5%+5.3 pts2.7%
Q1 FY25−1.7%+4.5 pts1.0%
Q4 FY24−2.4%+5.1 pts0.1%
Q3 FY24−4.2%+14.5 pts−2.5%
Q2 FY24−5.7%+24.8 pts−5.0%
Q1 FY24−6.2%+31.9 pts−6.9%
Q4 FY23−7.5%+36.7 pts−9.0%
Q3 FY23−18.6%+18.7 pts−19.0%

Against its peers

Companies in Software - Application nearest RingCentral's size, closest first, today.

CompanyProfit margin
RNGRingCentral4.3%
TTDTrade Desk13.6%
PEGAPegasystems18.7%
HNGEHinge Health15.1%
MTCHMatch20.2%
ESTCElastic20.8%
DOCNDigitalOcean23.3%
FDSFactset Research Systems23.2%
PINSPinterest5.5%
LIFLife36025.7%
FAFirst Advantage1.5%
Peer median19.4%

Where RingCentral ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on RingCentral

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.