Filing Flows

Filing Flows › RingCentral (RNG) › How it makes money

How RingCentral (RNG) makes money

RingCentral (RNG) made $676M of revenue in the third quarter 2026 (Q3 2026), +6% from a year earlier. Subscriptions brought in $653M (97%); Other brought in $23.1M (3%). Of every dollar of revenue, 73¢ was left as gross profit, 8¢ was left as operating profit, 84¢ was left as net earnings.

Drawing the Sankey…

RingCentral revenue by segment, Q3 2026RingCentral revenue by segment, Q3 2026Subscriptions$653MOther$23.1M
RingCentral: revenue by line, Q1 2025 to Q3 2026RingCentral: revenue by line, Q1 2025 to Q3 2026SubscriptionsOtherSubscriptions: $653M latest$653MOther: $23.1M latestQ1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026Q3 2026
The mix barely moved between Q1 2025 and Q3 2026.
RingCentral revenue by quarterRingCentral revenue by quarter$612MQ1 2025$620MQ2 2025$639MQ3 2025$644MQ4 2025$644MQ1 2026$657MQ2 2026$676MQ3 2026
RingCentral: where each dollar of revenue goesRingCentral: where each dollar of revenue goesCost of revenue27¢Gross profit73¢Operating expenses65¢Operating profit8¢Net earnings84¢Operating cash flow27¢Free cash flow23¢

Revenue by segment, Q3 2026

SegmentRevenueShareQ/QY/Y
Subscriptions$653M96.6%+3%+6%
Other$23.1M3.4%-1%+1%

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$676M100.0%
Cost of revenue$182M26.9%
Gross profit$494M73.1%
Operating expenses$440M65.1%
Operating profit$53.9M8.0%
Net earnings$570M84.3%
Operating cash flow$180M26.6%
Free cash flow$157M23.2%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$676M+6%
Q2 2026$657M+6%
Q1 2026$644M+5%
Q4 2025$644M+5%
Q3 2025$639M+5%
Q2 2025$620M+5%
Q1 2025$612M+5%

From RingCentral's 10-Q filed Oct 23, 2026 (on EDGAR).

Questions

How does RingCentral make money?

RingCentral (RNG) made $676M of revenue in the third quarter 2026 (Q3 2026), +6% from a year earlier. Subscriptions brought in $653M (97%); Other brought in $23.1M (3%). Of every dollar of revenue, 73¢ was left as gross profit, 8¢ was left as operating profit, 84¢ was left as net earnings.

What is RingCentral's biggest business?

Subscriptions: $653M in the third quarter 2026, 97% of revenue, +6% from a year earlier.

What is RingCentral's profit margin?

Net earnings were $570M, 84.3% of revenue, in the third quarter 2026; the operating margin was 8.0%.

Open the interactive view →

Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.