Filing Flows › RingCentral (RNG) › Q3 2026 › vs Q3 2025
RingCentral (RNG) Q3 2026 vs Q3 2025 (year over year)
RingCentral's revenue rose $37.4M (+6%) from $639M in Q3 2025 to $676M in Q3 2026. The biggest changes: Subscriptions +$37.1M (+6%); Other +$265K (+1%). Gross margin 73.1% against 71.8% (+1.4 pts).
RingCentral, Q3 2026: revenue $676M (+6% year over year), operating margin 8.0%, net earnings $570M, operating cash flow $180M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Gross margin | 73.1% | 71.8% | +1.4 pts |
| Operating margin | 8.0% | 4.8% | +3.1 pts |
| Net margin | 84.3% | 2.7% | +81.5 pts |
| Free cash flow margin | 23.2% | 20.3% | +2.9 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Subscriptions | $653M | $616M | $37.1M | +6% |
| Other | $23.1M | $22.8M | $265K | +1% |
| Revenue | $676M | $639M | $37.4M | +6% |
| Gross profit | $494M | $458M | $36.0M | +8% |
| Cost of revenue | $182M | $180M | $1.4M | +0.8% |
| Operating profit | $53.9M | $30.8M | $23.1M | +75% |
| Operating expenses | $440M | $428M | $12.9M | +3% |
| Pre-tax earnings | $28.0M | $17.0M | $11.0M | +64% |
| Other expense, net | $25.9M | $13.8M | $12.1M | +88% |
| Research & development | $88.1M | $79.9M | $8.2M | +10% |
| Sales & marketing | $283M | $282M | $1.4M | +0.5% |
| General & admin | $69.4M | $66.1M | $3.4M | +5% |
| Income tax benefit | $542M | $513K | $541M | 1,056× |
| Net earnings | $570M | $17.6M | $552M | 32× |
| Depreciation & amortization | $56.6M | $56.4M | $181K | +0.3% |
| Share-based compensation | $64.7M | $64.7M | −$49K | -0.1% |
| Working capital & other | $511M | −$12.7M | $524M | — |
| Operating cash flow | $180M | $151M | $28.5M | +19% |
| Free cash flow (company-reported) | $157M | $130M | $27.2M | +21% |
| Capitalized expenditures | $23.1M | $21.8M | $1.3M | +6% |
Questions
How much did RingCentral's revenue grow year over year in Q3 2026?
RingCentral's revenue rose $37.4M (+6%) from $639M in Q3 2025 to $676M in Q3 2026.
What drove RingCentral's revenue change in Q3 2026?
Subscriptions +$37.1M (+6%); Other +$265K (+1%).