RingCentral (RNG) Invested Capital (2012 - 2026)
RingCentral (RNG) reported Invested Capital of $998.19 million for Q3 2026, up 38.0% from $723.16 million a year earlier and up 95.6% from the prior quarter.
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Analysis
RingCentral (RNG) Invested Capital (2012 - 2026) Analysis & Trends
For FY2025, RingCentral posted Invested Capital of $665.68 million, down 31.9% from FY2024.
- Invested Capital has declined for three consecutive years, though with a five-year compound annual growth rate of 14.4% (FY2020 to FY2025).
- By year, Invested Capital came in at $978.21 million in FY2024 (-6.2%), $1.04 billion in FY2023 (-9.8%), $1.16 billion in FY2022 (+240.9%) and $338.97 million in FY2021 (-0.2%).
- The Q3 2026 figure ranks as the highest quarterly Invested Capital since Q2 2024.
- Year over year, Invested Capital gained in 1 of the last eight quarters, with an average decline of 16.4%.
- The high point for year-over-year Invested Capital in five years was Q4 2022 (growth of 240.9%); the low point was Q2 2026 (a decline of 34.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $510.29 million (Q2 2026), $596.33 million (Q1 2026) and $665.68 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 94.52 Bn | 69.77 Bn | 6.00 Bn | 16.53 Bn |
| 2 | Autodesk | 54.99 Bn | 43.02 Bn | 1.87 Bn | 6.36 Bn |
| 3 | Atlassian | 39.98 Bn | 33.26 Bn | 1.53 Bn | 2.05 Bn |
| 4 | Twilio | 30.87 Bn | 20.51 Bn | 760.53 Mn | 10.16 Bn |
| 5 | Zoom Communications | 26.33 Bn | -4.40 Bn | 985.50 Mn | - |
| 6 | Figma | 10.00 Bn | 3.32 Bn | 314.44 Mn | - |
| 7 | Dropbox | 7.80 Bn | 3.43 Bn | 506.50 Mn | 421.20 Mn |
| 8 | Open Text | 6.19 Bn | 1.62 Bn | 1.01 Bn | 9.79 Bn |
| 9 | RingCentral | 6.04 Bn | 5.57 Bn | 494.30 Mn | 998.19 Mn |
| 10 | Nice | 5.99 Bn | 4.56 Bn | 1.49 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 998.19 Mn |
| Jun 30, 2026 | 510.29 Mn |
| Mar 31, 2026 | 596.33 Mn |
| Dec 31, 2025 | 665.68 Mn |
| Sep 30, 2025 | 723.16 Mn |
| Jun 30, 2025 | 774.20 Mn |
| Mar 31, 2025 | 822.52 Mn |
| Dec 31, 2024 | 978.21 Mn |
| Sep 30, 2024 | 987.85 Mn |
| Jun 30, 2024 | 1.01 Bn |
| Mar 31, 2024 | 1.02 Bn |
| Dec 31, 2023 | 1.04 Bn |
| Sep 30, 2023 | 1.32 Bn |
| Jun 30, 2023 | 1.11 Bn |
| Dec 31, 2022 | 1.16 Bn |
| Dec 31, 2021 | 338.97 Mn |
| Sep 30, 2021 | 45.26 Mn |
| Jun 30, 2021 | 92.29 Mn |
| Mar 31, 2021 | 250.12 Mn |
| Dec 31, 2020 | 339.61 Mn |
API Access
RingCentral Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=RNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "RNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=RNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();