RingCentral (RNG) Operating Margin (2012 - 2026)
RingCentral's (RNG) quarterly Operating Margin came in at 7.65% in Q2 2026, up 170.0% year-over-year from 2.83% in Q2 2025, and down 1.45% quarter-over-quarter from 7.77% in Q1 2026.
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RingCentral (RNG) Operating Margin (2012 - 2026) Analysis & Trends
RingCentral (RNG) has reported Operating Margin for 15 consecutive years, with 7.65% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin rose 170.0% year-over-year to 7.65% in Q2 2026; TTM through Jun 2026 was 6.72%, a 402.0% increase from a year earlier, with the FY2025 full-year figure at 4.79%, up 468.0% from the prior year.
- Operating Margin was 7.65% for Q2 2026 at RingCentral, down from 7.77% in the prior quarter.
- Over five years, Operating Margin peaked at 7.77% in Q1 2026 and troughed at 48.71% in Q4 2022.
- A 5-year average of 7.23% and a median of 1.38% in 2024 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin sank 2569 bps in 2022 and surged 4083 bps in 2023, its largest moves.
- Over 5 years, Operating Margin stood at 48.71% in 2022, then surged by 84 bps to 7.88% in 2023, then surged by 132 bps to 2.54% in 2024, then soared by 159 bps to 6.59% in 2025, then climbed by 16 bps to 7.65% in 2026.
- The last three Operating Margin figures came in at 7.65% (Q2 2026), 7.77% (Q1 2026), and 6.59% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | 5.64% |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | 24.61% |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | 14.88% |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 7.65% |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 0.63% |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | -2.07% |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 40.31% |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 4.79% |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | -2.36% |
| 10 | 8X8 | 263.26 Mn | 168.30 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.65% |
| Mar 31, 2026 | 7.77% |
| Dec 31, 2025 | 6.59% |
| Sep 30, 2025 | 4.82% |
| Jun 30, 2025 | 5.96% |
| Mar 31, 2025 | 1.69% |
| Dec 31, 2024 | 2.54% |
| Sep 30, 2024 | 0.54% |
| Jun 30, 2024 | -0.90% |
| Mar 31, 2024 | -1.87% |
| Dec 31, 2023 | -7.88% |
| Sep 30, 2023 | -9.71% |
| Jun 30, 2023 | -8.36% |
| Mar 31, 2023 | -10.22% |
| Dec 31, 2022 | -48.71% |
| Sep 30, 2022 | -35.86% |
| Jun 30, 2022 | -22.13% |
| Mar 31, 2022 | -22.14% |
| Dec 31, 2021 | -23.02% |
| Sep 30, 2021 | -20.05% |