Growth Metrics

RingCentral (RNG) Operating Margin (2016 - 2025)

RingCentral (RNG) has disclosed Operating Margin for 14 consecutive years, with 6.59% as the latest value for Q4 2025.

  • For Q4 2025, Operating Margin rose 405.0% year-over-year to 6.59%; the TTM value through Dec 2025 reached 4.79%, up 468.0%, while the annual FY2025 figure was 4.79%, 468.0% up from the prior year.
  • Operating Margin hit 6.59% in Q4 2025 for RingCentral, up from 4.82% in the prior quarter.
  • Across five years, Operating Margin topped out at 6.59% in Q4 2025 and bottomed at 48.71% in Q4 2022.
  • Average Operating Margin over 5 years is 11.0%, with a median of 9.03% recorded in 2023.
  • Year-over-year, Operating Margin crashed -2569bps in 2022 and then surged 4083bps in 2023.
  • RingCentral's Operating Margin stood at 23.02% in 2021, then crashed by -112bps to 48.71% in 2022, then soared by 84bps to 7.88% in 2023, then soared by 132bps to 2.54% in 2024, then skyrocketed by 159bps to 6.59% in 2025.
  • According to Business Quant data, Operating Margin over the past three periods came in at 6.59%, 4.82%, and 5.96% for Q4 2025, Q3 2025, and Q2 2025 respectively.