RingCentral Past Earnings Performance
Past criteria checks 0/6
RingCentral's earnings have been declining at an average annual rate of -22.4%, while the Software industry saw earnings growing at 20% annually. Revenues have been growing at an average rate of 20% per year.
Key information
-22.4%
Earnings growth rate
-21.3%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 20.0% |
| Return on equity | n/a |
| Net Margin | -4.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
RingCentral: Under The Radar Pick -- Reiterating Buy
Nov 19RingCentral, Inc. (NYSE:RNG) Surges 30% Yet Its Low P/S Is No Reason For Excitement
Nov 08
RingCentral: Expect Continued Margin Expansion, Steady Debt Reduction
Sep 02There's No Escaping RingCentral, Inc.'s (NYSE:RNG) Muted Revenues Despite A 26% Share Price Rise
Aug 04RingCentral, Inc.'s (NYSE:RNG) Business And Shares Still Trailing The Industry
May 06RingCentral: Business Continues To Stabilize
Apr 08RingCentral: Making Progress, But Many Caveats Remain
Mar 03RingCentral, Inc.'s (NYSE:RNG) Low P/S No Reason For Excitement
Jan 21RingCentral's Growth Concerns And Financial Strain
Dec 21RingCentral, Inc. (NYSE:RNG) Shares Could Be 39% Below Their Intrinsic Value Estimate
Dec 14RingCentral: Rating Upgrade As Things Are Stabilizing
Dec 01RingCentral: Should Do Fine Long Term, But I'm Negative Near Term
Sep 27RingCentral: Looks Cheap, But Carries Too Much Debt
Sep 21RingCentral: Deserves Better In View Of Innovation And Conversational AI
Aug 01RingCentral: Navigating Growth Challenges
Jun 28RingCentral teams up with Amazon Web Services on cloud offerings
Feb 15RingCentral: Still Working From Home, Buy This UCaaS Stock
Dec 08Revenue & Expenses Breakdown
How RingCentral makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 2,357 | -98 | 1,371 | 326 |
| 30 Jun 24 | 2,307 | -133 | 1,392 | 327 |
| 31 Mar 24 | 2,253 | -139 | 1,388 | 327 |
| 31 Dec 23 | 2,202 | -165 | 1,386 | 331 |
| 30 Sep 23 | 2,156 | -402 | 1,375 | 333 |
| 30 Jun 23 | 2,107 | -645 | 1,351 | 334 |
| 31 Mar 23 | 2,054 | -783 | 1,352 | 350 |
| 31 Dec 22 | 1,988 | -879 | 1,338 | 357 |
| 30 Sep 22 | 1,912 | -713 | 1,324 | 358 |
| 30 Jun 22 | 1,818 | -576 | 1,296 | 357 |
| 31 Mar 22 | 1,710 | -527 | 1,229 | 337 |
| 31 Dec 21 | 1,595 | -376 | 1,138 | 310 |
| 30 Sep 21 | 1,481 | -260 | 1,025 | 280 |
| 30 Jun 21 | 1,370 | -134 | 924 | 244 |
| 31 Mar 21 | 1,269 | -22 | 840 | 211 |
| 31 Dec 20 | 1,184 | -83 | 784 | 189 |
| 30 Sep 20 | 1,102 | -106 | 736 | 172 |
| 30 Jun 20 | 1,032 | -98 | 683 | 158 |
| 31 Mar 20 | 969 | -108 | 631 | 147 |
| 31 Dec 19 | 903 | -54 | 581 | 136 |
| 30 Sep 19 | 839 | -34 | 534 | 125 |
| 30 Jun 19 | 779 | -31 | 500 | 116 |
| 31 Mar 19 | 725 | -30 | 467 | 108 |
| 31 Dec 18 | 674 | -26 | 432 | 101 |
| 30 Sep 18 | 626 | -21 | 399 | 94 |
| 30 Jun 18 | 583 | -11 | 364 | 87 |
| 31 Mar 18 | 542 | -5 | 336 | 81 |
| 31 Dec 17 | 504 | -4 | 313 | 75 |
| 30 Sep 17 | 467 | -11 | 294 | 72 |
| 30 Jun 17 | 433 | -19 | 277 | 70 |
| 31 Mar 17 | 405 | -25 | 262 | 68 |
| 31 Dec 16 | 380 | -16 | 236 | 66 |
| 30 Sep 16 | 359 | -29 | 230 | 62 |
| 30 Jun 16 | 339 | -28 | 213 | 59 |
| 31 Mar 16 | 317 | -28 | 200 | 55 |
| 31 Dec 15 | 296 | -32 | 187 | 53 |
| 30 Sep 15 | 275 | -35 | 175 | 50 |
| 30 Jun 15 | 255 | -41 | 165 | 48 |
| 31 Mar 15 | 237 | -46 | 153 | 47 |
| 31 Dec 14 | 220 | -48 | 144 | 45 |
| 30 Sep 14 | 203 | -52 | 131 | 42 |
| 30 Jun 14 | 188 | -48 | 125 | 38 |
| 31 Mar 14 | 173 | -49 | 113 | 36 |
| 31 Dec 13 | 161 | -46 | 104 | 33 |
Quality Earnings: RNG is currently unprofitable.
Growing Profit Margin: RNG is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: RNG is unprofitable, and losses have increased over the past 5 years at a rate of 22.4% per year.
Accelerating Growth: Unable to compare RNG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RNG is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (24.3%).
Return on Equity
High ROE: RNG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.