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RNG · NYSE

RingCentral, Inc.

Software - Application · United States

USD 71.86-3.9% daily changeQuote 2026-09-18 · USD
Market cap (USD)
US$6.00B
Trailing P/E
57.49x
Forward P/E
12.88x
Quarterly revenue growth
5.9%
Trailing net margin
4.3%
Indicated dividend yield
0.4%

Snapshot 2026-09-20 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-11-05 (provider estimate, not issuer-confirmed).

Company background

RingCentral, Inc., an agentic voice AI–powered cloud business communication services provider, delivering an integrated platform for business phone, SMS, contact center, workforce engagement management, video collaboration, and messaging. The company's products include RingEX, a AI-powered unified communications as a service platform for collaboration across voice, messaging, and video; RingCentral Contact Center, a contact center solution that delivers AI-powered omni-channel and workforce engagement solutions; RingCentral Customer Engagement Bundle, a comprehensive solution that includes phone, messaging, and SMS for businesses; and RingCX, a contact center as a service solution for AI-powered customer engagement with CRM integrations. It also offers artificial intelligence (AI) solutions, such as AI Receptionist, a voice AI agent that automates and handles inbound communication; AI Virtual Assistant, which provides real time call and meeting summaries, capturing key points, open questions and action items; AI-based Quality Management, an automated conversation evaluation platform to identify compliance risks, coaching opportunities, and performance insights; AI Agent Assist, a real-time AI guidance for agents; AI Supervisor Assist, a real-time AI insights and recommendations for supervisors; and RingCentral Events, a virtual and hybrid events platform for multi-session conferences, branded experiences, registration, and attendee networking with AI-powered engagement tools. It serves a range of industries, including healthcare, financial and professional services, retail, state and local government, education, legal services, real estate, technology, insurance, construction and hospitality, and others. The company sells its products to enterprise customers, and small and medium-sized businesses through resellers and distributors, partners, and global service providers. RingCentral, Inc. was incorporated in 1999 and is headquartered in Belmont, California.

Company website

Q2 2026

Go beyond the headline.

RingCentral Stock: It Beat, RAISED, and Popped 25% — Here’s Why We Still Say BUY

Published 2026-07-25

Comparable businesses

RNG peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

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Market metrics · missing or inapplicable values shown as —
MetricRNGRingCentral, Inc.Snapshot 2026-09-20Financial period: 2026-06-30
Market capMarket value, converted to USDUS$6.00B
Forward P/EProvider forward earnings estimate12.88x
EV / EBITDAEnterprise value / trailing EBITDA17.50x
Revenue growthLatest quarter vs prior-year quarter5.9%
Operating marginLatest reported quarter8.8%
Free cash flow yieldTrailing cash flow / market cap10.7%
Net debt / EBITDANet debt / trailing EBITDA2.54x
Debt / equityTotal debt / positive book equity
Trailing P/ETrailing twelve-month earnings57.49x
Price / bookPrice / positive book equity per share
EV / salesEnterprise value / trailing revenue2.81x
Earnings growthLatest quarter vs prior-year quarter221.4%
Gross marginTrailing twelve months71.9%
Net marginTrailing twelve months4.3%
Return on equityProvider trailing return; positive equity only
Free cash flow marginTrailing free cash flow / revenue24.7%
Dividend yieldIndicated annual dividend / price0.4%
Earnings payoutProvider trailing dividend payout12.0%
Current ratioCurrent assets / current liabilities1.11x
BetaProvider historical market sensitivity1.15

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-09-20. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for RNG

All available reporting periods
Q2 20262026-07-25

Reported figures

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