RingCentral (RNG) Gross Margin (2012 - 2026)
RingCentral (RNG) posted quarterly Gross Margin of 71.89% for Q2 2026, up 73.0% year-over-year from 41.55% in Q2 2025, and little changed quarter-over-quarter from 72.15% in Q1 2026.
RingCentral (RNG) Gross Margin (2012 - 2026) Analysis & Trends
RingCentral (RNG) has reported Gross Margin for 15 consecutive years, with 71.89% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin rose 73.0% year-over-year to 71.89%; the TTM figure through Jun 2026 stood at 71.83% (up 105.0% YoY), while the FY2025 annual figure was 71.24%, up 64.0% from the prior year.
- Gross Margin held at 71.89% in Q2 2026 per RNG's latest filing, from 72.15% in the prior quarter.
- Across five years, Gross Margin topped out at 72.15% in Q1 2026 and bottomed at 66.75% in Q1 2022.
- Historically, Gross Margin has averaged 70.08% across 5 years, with a median of 70.3% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 626 bps — and 2023, when it jumped 314 bps.
- RingCentral's Gross Margin stood at 69.4% in 2022, then increased by 1 bps to 70.2% in 2023, then increased by 1 bps to 71.01% in 2024, then advanced by 1 bps to 71.51% in 2025, then increased by 1 bps to 71.89% in 2026.
- Business Quant data shows RNG's Gross Margin at 71.89% in Q2 2026, 72.15% in Q1 2026, and 71.51% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | RingCentral | 5.40 Bn | 5.29 Bn | 472.31 Mn | 71.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 71.89% |
| Mar 31, 2026 | 72.15% |
| Dec 31, 2025 | 71.51% |
| Sep 30, 2025 | 71.76% |
| Jun 30, 2025 | 71.16% |
| Mar 31, 2025 | 70.52% |
| Dec 31, 2024 | 71.01% |
| Sep 30, 2024 | 70.40% |
| Jun 30, 2024 | 70.20% |
| Mar 31, 2024 | 70.82% |
| Dec 31, 2023 | 70.20% |
| Sep 30, 2023 | 69.73% |
| Jun 30, 2023 | 69.51% |
| Mar 31, 2023 | 69.89% |
| Dec 31, 2022 | 69.40% |
| Sep 30, 2022 | 67.10% |
| Jun 30, 2022 | 67.51% |
| Mar 31, 2022 | 66.75% |
| Dec 31, 2021 | 69.67% |
| Sep 30, 2021 | 73.36% |