RingCentral (RNG) Operating Margin (2012 - 2026)
RingCentral (RNG) posted Operating Margin of 7.65% for Q2 2026, up 1.70 percentage points from 5.96% a year earlier but down 0.11 percentage points from the prior quarter.
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Analysis
RingCentral (RNG) Operating Margin (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at RingCentral was 6.72%, up 4.02 percentage points year-over-year; for FY2025, it came in at 4.79%, up 4.68 percentage points from FY2024.
- Annual Operating Margin has increased for three consecutive years, with a five-year change of +14.36 percentage points (FY2020 to FY2025).
- In prior years, RingCentral's Operating Margin was 0.11% in FY2024 (+9.14 pp), -9.03% in FY2023 (+23.64 pp), -32.66% in FY2022 (-13.74 pp) and -18.92% in FY2021 (-9.36 pp).
- Quarterly Operating Margin has run from a low of -48.71% in Q4 2022 to a high of 7.77% in Q1 2026 over five years.
- On a year-over-year basis, Operating Margin has increased in each of the last 14 quarters, with an average year-over-year change of +5.90 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q4 2023, with a gain of 40.83 percentage points; the weakest was Q4 2022, with a drop of 25.69 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 7.77% (Q1 2026), 6.59% (Q4 2025) and 4.82% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 34.82% |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 11.93% |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 5.64% |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 29.28% |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 24.61% |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | -31.69% |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 26.10% |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 14.88% |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 7.65% |
| 10 | Open Text | 5.38 Bn | 813.39 Mn | 1.01 Bn | 23.70% |
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% |
API Access
RingCentral Operating Margin 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-margin&ticker=RNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=RNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();