RingCentral (RNG) Invested Capital (2012 - 2026)
RingCentral (RNG) reported Invested Capital of $510.29 million for Q2 2026, down 34.1% from $774.2 million a year earlier and down 14.4% 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 (-8.0%), $1.06 billion in FY2023 (-8.0%), $1.16 billion in FY2022 (+240.9%) and $338.97 million in FY2021 (-0.2%).
- The Q2 2026 figure ranks as the lowest quarterly Invested Capital since Q4 2021.
- Year over year, Invested Capital has now declined in each of the last nine quarters, with an average decline of 24.5% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was Q4 2022 (growth of 240.9%); the low point was Q3 2021 (a decline of 85.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $596.33 million (Q1 2026), $665.68 million (Q4 2025) and $723.16 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 97.58 Bn | 72.83 Bn | 6.00 Bn | 13.36 Bn |
| 2 | Atlassian | 55.96 Bn | 49.24 Bn | 1.53 Bn | 2.05 Bn |
| 3 | Autodesk | 50.57 Bn | 38.61 Bn | 1.87 Bn | 6.36 Bn |
| 4 | Twilio | 39.35 Bn | 29.42 Bn | 725.87 Mn | 9.97 Bn |
| 5 | Zoom Communications | 28.55 Bn | -2.24 Bn | 985.50 Mn | - |
| 6 | Figma | 11.38 Bn | 4.89 Bn | 309.61 Mn | - |
| 7 | Dropbox | 8.07 Bn | 3.71 Bn | 506.50 Mn | 421.20 Mn |
| 8 | Nice | 7.10 Bn | 5.56 Bn | 995.81 Mn | - |
| 9 | RingCentral | 6.67 Bn | 6.16 Bn | 472.31 Mn | 510.29 Mn |
| 10 | Open Text | 6.41 Bn | 1.84 Bn | 1.01 Bn | 9.79 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2020 | 311.90 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();