RingCentral (RNG) Operating Leases (2019 - 2026)
RingCentral's Operating Leases came in at $22.34 million for Q3 2026, up 32.3% from $16.89 million a year earlier but down 4.8% from the prior quarter.
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Analysis
RingCentral (RNG) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, RingCentral's Operating Leases was $14.37 million, down 51.7% from FY2024.
- Operating Leases carries a five-year compound annual growth rate of -18.0% (FY2020 to FY2025).
- Going back by year, Operating Leases was $29.73 million in FY2024 (+5.5%), $28.18 million in FY2023 (+39.6%), $20.18 million in FY2022 (-36.6%) and $31.81 million in FY2021 (-17.8%).
- The five-year range for quarterly Operating Leases is $14.37 million (Q4 2025) to $31.81 million (Q4 2021).
- Year-over-year, Operating Leases has increased for three consecutive quarters, with an average decline of 8.3% over the last eight quarters.
- The fastest year-over-year change in Operating Leases over five years came in Q2 2024 (growth of 83.8%), and the weakest in Q4 2025 (a decline of 51.7%).
- Business Quant data shows RNG's Operating Leases at $23.47 million (Q2 2026), $26.6 million (Q1 2026) and $14.37 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Adobe | 93.84 Bn | 69.09 Bn | 6.00 Bn |
| 2 | Autodesk | 55.44 Bn | 43.47 Bn | 1.87 Bn |
| 3 | Atlassian | 40.30 Bn | 33.58 Bn | 1.53 Bn |
| 4 | Twilio | 31.65 Bn | 21.29 Bn | 760.53 Mn |
| 5 | Zoom Communications | 27.00 Bn | -3.73 Bn | 985.50 Mn |
| 6 | Figma | 10.35 Bn | 3.67 Bn | 314.44 Mn |
| 7 | Dropbox | 7.32 Bn | 2.95 Bn | 506.50 Mn |
| 8 | Open Text | 6.19 Bn | 1.62 Bn | 1.01 Bn |
| 9 | RingCentral | 6.11 Bn | 5.64 Bn | 494.30 Mn |
| 10 | Nice | 6.03 Bn | 4.61 Bn | 1.49 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.34 Mn |
| Jun 30, 2026 | 23.47 Mn |
| Mar 31, 2026 | 26.60 Mn |
| Dec 31, 2025 | 14.37 Mn |
| Sep 30, 2025 | 16.89 Mn |
| Jun 30, 2025 | 19.34 Mn |
| Mar 31, 2025 | 22.62 Mn |
| Dec 31, 2024 | 29.73 Mn |
| Sep 30, 2024 | 29.83 Mn |
| Jun 30, 2024 | 30.51 Mn |
| Mar 31, 2024 | 25.62 Mn |
| Dec 31, 2023 | 28.18 Mn |
| Sep 30, 2023 | 18.58 Mn |
| Jun 30, 2023 | 16.60 Mn |
| Mar 31, 2023 | 18.39 Mn |
| Dec 31, 2022 | 20.18 Mn |
| Sep 30, 2022 | 22.35 Mn |
| Jun 30, 2022 | 25.44 Mn |
| Mar 31, 2022 | 28.21 Mn |
| Dec 31, 2021 | 31.81 Mn |
API Access
RingCentral Operating Leases 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=operating-leases&ticker=RNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=RNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();