RingCentral (RNG) Operating Leases (2018 - 2026)
RingCentral (RNG) reported Operating Leases of $48.5 million for Q1 2026, up 114.47% year-over-year from $22.6 million in Q1 2025, and up 36.0% quarter-over-quarter from $35.7 million in Q4 2025.
RingCentral (RNG) Operating Leases (2018 - 2026) Analysis & Trends
RingCentral (RNG) has 9 years of Operating Leases data on file, last reported at $48.5 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $48.5 million, up 114.47% year-over-year; the trailing twelve-month figure through Mar 2026 was $48.5 million (up 114.47% YoY), and the FY2025 annual result was $35.7 million, down 28.92% from the prior year.
- Operating Leases climbed to $48.5 million in Q1 2026 per RNG's latest filing, from $35.7 million in the prior quarter.
- Over five years, Operating Leases peaked at $50.2 million in Q4 2024 and troughed at $18.4 million in Q1 2023.
- A 5-year average of $36.4 million and a median of $37.7 million in 2022 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2023 and 2024: Operating Leases tumbled 61.02% in 2023, then surged 134.85% in 2024.
- A 5-year view of Operating Leases shows it stood at $37.7 million in 2022, then gained by 19.07% to $44.9 million in 2023, then rose by 11.79% to $50.2 million in 2024, then retreated by 28.92% to $35.7 million in 2025, then surged by 36.0% to $48.5 million in 2026.
- Business Quant data shows RNG's Operating Leases at $48.5 million in Q1 2026, $35.7 million in Q4 2025, and $38.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn |
| 10 | RingCentral | 3.32 Bn | 3.21 Bn | 464.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.51 Mn |
| Dec 31, 2025 | 35.67 Mn |
| Sep 30, 2025 | 38.57 Mn |
| Jun 30, 2025 | 19.34 Mn |
| Mar 31, 2025 | 22.62 Mn |
| Dec 31, 2024 | 50.18 Mn |
| Sep 30, 2024 | 48.54 Mn |
| Jun 30, 2024 | 48.16 Mn |
| Mar 31, 2024 | 43.19 Mn |
| Dec 31, 2023 | 44.89 Mn |
| Sep 30, 2023 | 34.03 Mn |
| Jun 30, 2023 | 33.59 Mn |
| Mar 31, 2023 | 18.39 Mn |
| Dec 31, 2022 | 37.70 Mn |
| Sep 30, 2022 | 22.35 Mn |
| Jun 30, 2022 | 25.44 Mn |
| Mar 31, 2022 | 47.19 Mn |
| Dec 31, 2021 | 50.50 Mn |
| Sep 30, 2021 | 51.37 Mn |
| Jun 30, 2021 | 34.51 Mn |