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Filing Flows › RingCentral (RNG) › Q2 2026 › vs Q1 2026

RingCentral (RNG) Q2 2026 vs Q1 2026 (quarter over quarter)

RingCentral's revenue rose $12.8M (+2%) from $644M in Q1 2026 to $657M in Q2 2026. The biggest changes: Subscriptions +$10.5M (+2%); Other +$2.3M (+11%). Gross margin 71.9% against 72.1% (-0.3 pts).

RingCentral, Q2 2026: revenue $657M (+6% year over year), operating margin 7.7%, net earnings $39.1M, operating cash flow $206M. The chart draws each line against Q1 2026, the increases inside each band.

RingCentral: what changed, Q2 2026 vs Q1 2026RingCentral: what changed, Q2 2026 vs Q1 2026Operating cash flow$42.4MWorking capital & other$31.2MSubscriptions$10.5MNet earnings$8.5MPre-tax earnings$8.1MOther expense, net−$7.9MGross profit$7.5MOperating expenses$7.3MCost of revenue$5.3MGeneral & admin$4.1M

Margins

Q2 2026Q1 2026Change
Gross margin71.9%72.1%-0.3 pts
Operating margin7.7%7.8%-0.1 pts
Net margin6.0%4.8%+1.2 pts

Every line

LineQ2 2026Q1 2026Change%
Subscriptions$634M$623M$10.5M+2%
Other$23.4M$21.0M$2.3M+11%
Revenue$657M$644M$12.8M+2%
Gross profit$472M$465M$7.5M+2%
Cost of revenue$185M$179M$5.3M+3%
Operating profit$50.3M$50.0M$257K+0.5%
Operating expenses$422M$415M$7.3M+2%
Pre-tax earnings$42.3M$34.1M$8.1M+24%
Other expense, net$8.0M$15.9M−$7.9M-50%
Research & development$82.8M$81.7M$1.1M+1%
Sales & marketing$275M$273M$2.1M+0.8%
General & admin$64.3M$60.2M$4.1M+7%
Net earnings$39.1M$30.6M$8.5M+28%
Income tax$3.1M$3.5M−$355K-10%
Depreciation & amortization$57.1M$56.9M$175K+0.3%
Share-based compensation$57.1M$54.7M$2.5M+5%
Working capital & other$53.1M$21.9M$31.2M+143%
Operating cash flow$206M$164M$42.4M+26%

Questions

How much did RingCentral's revenue grow quarter over quarter in Q2 2026?

RingCentral's revenue rose $12.8M (+2%) from $644M in Q1 2026 to $657M in Q2 2026.

What drove RingCentral's revenue change in Q2 2026?

Subscriptions +$10.5M (+2%); Other +$2.3M (+11%).

Q2 2026 results → · Compare in the interactive Sankey →