Filing Flows › RingCentral (RNG) › Q1 2026
RingCentral (RNG) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
RingCentral (RNG) reported revenue of $644M for the first quarter 2026 (Q1 2026), +5% from a year earlier and 0% from the quarter before. Operating margin was 7.8%, net earnings $30.6M (4.8% of revenue).
RingCentral, Q1 2026: revenue $644M (+5% year over year), operating margin 7.8%, net earnings $30.6M, operating cash flow $164M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $644M | 0% | +5% |
| Gross profit | $465M | +0.9% | +8% |
| Operating profit | $50.0M | +18% | +384% |
| Net earnings | $30.6M | +33% | — |
| Operating cash flow | $164M | +10% | +10% |
| Free cash flow | $141M | — | +8% |
What changed
Revenue was $644.2M in Q1 2026, up 5% year over year and roughly flat from the previous quarter. Subscriptions was the largest line at 97% of revenue. Subscriptions added $33.1M year over year (up 6%), 103% of the total change. Other declined 4%.
Gross margin was 72.1%, up 1.6 points from Q1 2025. Operating profit was $50.0M, a 7.8% margin (up 6.1 points year over year). Of the extra revenue versus Q1 2025, 123% reached operating profit, above the 2% margin then. Operating expenses fell 2% while revenue rose 5%. Net earnings were $30.6M. The effective tax rate was 10.2%.
Operating cash flow was $164.0M (up 10% year over year), 536% of net earnings. Non-cash charges added back $56.9M of depreciation and amortization and $54.7M of share-based compensation. Working capital and other items added $21.9M. After capitalized expenditures ($23.4M), free cash flow as the company reports it was $140.6M.
Questions
What was RingCentral's revenue in the first quarter 2026?
RingCentral (RNG) reported revenue of $644M for the first quarter 2026 (Q1 2026), +5% from a year earlier and 0% from the quarter before.
Was RingCentral profitable in the first quarter 2026?
Operating profit was $50.0M (7.8% of revenue) and net earnings $30.6M.
Source: RingCentral 10-Q on SEC EDGAR.