Is RingCentral (RNG) overvalued or fairly valued?

MarketChacha shows RingCentral's valuation in context — a trailing P/E of about 72.2, a forward P/E of about 14.6 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is RingCentral's revenue?

RingCentral reported revenue of $2.5B for FY2025, with net profit of $43.4M, per official filings.

What is the share price of RingCentral (RNG)?

RingCentral last traded at $81.62 (+3.1% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

RingCentral

RNG · NYSE · Technology · United States

Snapshot

TickerRNG

ExchangeNYSE

SectorTechnology

IndustrySoftware - Application

CountryUnited States

Employees7,378

HeadquartersBelmont, United States

Websitewww.ringcentral.com

Filings tracked13

About RingCentral

RingCentral, Inc., an agentic voice AIpowered cloud business communication services provider, delivering an integrated platform for business phone, SMS, contact center, workforce engagement management, video collaboration, and messaging. The company's products include RingEX, a AI-powered unified communications as a service platform for collaboration across voice, messaging, and video; RingCentral Contact Center, a contact center solution that delivers AI-powered omni-channel and workforce engagement solutions; RingCentral Customer Engagement Bundle, a comprehensive solution that includes phone, messaging, and SMS for businesses; and RingCX, a contact center as a service solution for AI-powered customer engagement with CRM integrations. It also offers artificial intelligence (AI) solutions, such as AI Receptionist, a voice AI agent that automates and handles inbound communication; AI Virtual Assistant, which provides real time call and meeting summaries, capturing key points, open questions and action items; AI-based Quality Management, an automated conversation evaluation platform to identify compliance risks, coaching opportunities, and performance insights; AI Agent Assist, a real-time AI guidance for agents; AI Supervisor Assist, a real-time AI insights and recommendations for supervisors; and RingCentral Events, a virtual and hybrid events platform for multi-session conferences, branded experiences, registration, and attendee networking with AI-powered engagement tools. It serves a range of industries, including healthcare, financial and professional services, retail, state and local government, education, legal services, real estate, technology, insurance, construction and hospitality, and others. The company sells its products to enterprise customers, and small and medium-sized businesses through resellers and distributors, partners, and global service providers. RingCentral, Inc. was incorporated in 1999 and is headquartered in Belmont, California.

Who owns it

Insiders1.0%
Institutions99.0%
Public & other0.0%

550 institutional holders

Ownership breakdown from public market data.

Top holders

Capital World Investors15.03%
Blackrock Inc.14.65%
Vanguard Portfolio Management LLC8.82%
Ameriprise Financial, Inc.6.94%
LSV Asset Management5.39%
Vanguard Capital Management LLC4.52%
State Street Corporation4.09%
First Trust Advisors LP3.18%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Net margin trend-7.5% → 1.7%

Margin has expanded by about 9.2 points — the business is getting more profitable.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $672.7M · EPS 1.34

Est. earnings growth +13.9%

Next fiscal year

Rev $2.8B · EPS 5.58

Est. earnings growth +10.8%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$2.5B

Net margin

1.7%

Revenue CAGR (2y)

+6.9%

EPS (FY2025)

0.48

Net profit (FY2025)

$43.4M

Ask MarketChacha about RNG

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin
FY2025	$2.5B	$43.4M	0.48	1.7%
FY2024	$2.4B	$-58.3M	-0.63	-2.4%
FY2023	$2.2B	$-165.2M	-1.74	-7.5%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$657.0M	$39.1M	0.45	6.0%
2026Q1	$644.2M	$30.6M	0.35	4.8%
2025Q3	$638.7M	$17.6M	0.19	2.7%
2025Q2	$620.4M	$13.2M	0.14	2.1%
2025Q1	$612.1M	$-10.3M	-0.11	-1.7%
2024Q3	$608.8M	$-7.9M	-0.09	-1.3%
2024Q2	$592.9M	$-14.8M	-0.16	-2.5%
2024Q1	$584.2M	$-28.5M	-0.31	-4.9%
2023Q3	$558.2M	$-42.1M	-0.45	-7.5%
2023Q2	$539.3M	$-21.5M	-0.23	-4.0%
2023Q1	$533.7M	$-54.4M	-0.57	-10.2%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Exhibits
SEC7/23/2026material
10-Q filing
SEC7/23/2026
10-Q filing
SEC5/11/2026
8-K — Results of operations, Exhibits
SEC5/7/2026material
10-K/A filing
SEC4/30/2026
10-K filing
SEC2/27/2026
8-K — Results of operations, Other events, Exhibits
SEC2/19/2026material
8-K — Shareholder vote results
SEC1/5/2026material

2025

10-Q filing
SEC11/5/2025
8-K — Results of operations, Exhibits
SEC11/3/2025material
8-K — Material agreement, Material financial obligation, Exhibits
SEC9/12/2025material
10-Q filing
SEC8/7/2025
8-K — Results of operations, Exhibits
SEC8/5/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.