RingCentral (RNG) Gross Margin (2012 - 2026)
RingCentral's (RNG) quarterly Gross Margin came in at 71.89% in 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.
Analysis
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.
- On a quarterly basis, Gross Margin rose 73.0% year-over-year to 71.89% in Q2 2026; TTM through Jun 2026 was 71.83%, a 105.0% increase from a year earlier, with the FY2025 full-year figure at 71.24%, up 64.0% from the prior year.
- Gross Margin was 71.89% for Q2 2026 at RingCentral, roughly flat from 72.15% in the prior quarter.
- Over five years, Gross Margin peaked at 72.15% in Q1 2026 and troughed at 66.75% in Q1 2022.
- A 5-year average of 70.08% and a median of 70.3% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin tumbled 626 bps in 2022 and soared 314 bps in 2023, its largest moves.
- Over 5 years, Gross Margin stood at 69.4% in 2022, then climbed by 1 bps to 70.2% in 2023, then climbed by 1 bps to 71.01% in 2024, then rose by 1 bps to 71.51% in 2025, then climbed by 1 bps to 71.89% in 2026.
- The last three Gross Margin figures came in at 71.89% (Q2 2026), 72.15% (Q1 2026), and 71.51% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | 48.42% |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | 77.16% |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | 64.21% |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 71.89% |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 53.37% |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | 35.72% |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 79.98% |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 61.26% |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | 63.67% |
| 10 | 8X8 | 263.26 Mn | 168.30 Mn | - | - |
Historic Data
Download Data
Historic 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% |