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RingCentral (RNG) Revenue & Revenue Breakdown

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RingCentral Revenue Highlights

Latest Revenue (Y)

$2.20B

Latest Revenue (Q)

$608.76M

Main Segment (Y)

License and Service

RingCentral Revenue by Period

RingCentral Revenue by Year

DateRevenueChange
2023-12-31-10.77%
2022-12-31-24.68%
2021-12-31-34.73%
2020-12-31-31.10%
2019-12-31-34.03%
2018-12-31-34.31%
2017-12-31-32.08%
2016-12-31-28.19%
2015-12-31-34.72%
2014-12-31-37.00%
2013-12-31-40.15%
2012-12-31-45.20%
2011-12-31-57.06%
2010-12-31--

RingCentral generated $2.20B in revenue during NA 2023, up 10.77% compared to the previous quarter, and up 326.95% compared to the same period a year ago.

RingCentral Revenue by Quarter

DateRevenueChange
2024-09-30-2.67%
2024-06-30-1.49%
2024-03-31-2.27%
2023-12-31-2.35%
2023-09-30-3.50%
2023-06-30-1.05%
2023-03-31-1.70%
2022-12-31-3.09%
2022-09-30-4.55%
2022-06-30-4.11%
2022-03-31-4.27%
2021-12-31-8.17%
2021-09-30-9.32%
2021-06-30-7.64%
2021-03-31-5.33%
2020-12-31-10.18%
2020-09-30-9.22%
2020-06-30-3.91%
2020-03-31-5.79%
2019-12-31-8.36%
2019-09-30-8.46%
2019-06-30-6.78%
2019-03-31-6.82%
2018-12-31-8.51%
2018-09-30-8.08%
2018-06-30-6.98%
2018-03-31-6.98%
2017-12-31-8.30%
2017-09-30-8.65%
2017-06-30-6.84%
2017-03-31-6.97%
2016-12-31-7.91%
2016-09-30-5.44%
2016-06-30-6.13%
2016-03-31-3.71%
2015-12-31-8.67%
2015-09-30-8.61%
2015-06-30-8.23%
2015-03-31-5.53%
2014-12-31-8.69%
2014-09-30-7.88%
2014-06-30-9.38%
2014-03-31-6.44%
2013-12-31-8.13%
2013-09-30-11.22%
2013-06-30-6.13%
2013-03-31-7.25%
2012-12-31-11.95%
2012-09-30--

RingCentral generated $608.76M in revenue during Q3 2024, up 2.67% compared to the previous quarter, and up 112.88% compared to the same period a year ago.

RingCentral Revenue Breakdown

RingCentral Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
License and Service-----
Product and Service, Other-----

RingCentral's latest annual revenue breakdown by segment (product or service), as of Dec 23: License and Service (95.36%), and Product and Service, Other (4.64%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Product and Service, Other--------------------
License and Service--------------------
Product--------------------

RingCentral's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: License and Service (95.76%), and Product and Service, Other (4.24%).

RingCentral Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
INTUIntuit--
NOWServiceNow--
WDAYWorkday--
ADSKAutodesk--
ZMZoom Video Communications--
SNOWSnowflake--
RNGRingCentral--
HUBSHubSpot--
DDOGDatadog--
ESTCElastic--
ZIZoomInfo--
CXMSprinklr--
MNDYmonday--
GTLBGitLab--
LPSNLivePerson--
DOMODomo--
AIC3.ai--

RNG Revenue FAQ

What is RingCentral’s yearly revenue?

RingCentral's yearly revenue for 2023 was $2.2B, representing an increase of 10.77% compared to 2022. The company's yearly revenue for 2022 was $1.99B, representing an increase of 24.68% compared to 2021. RNG's yearly revenue for 2021 was $1.59B, representing an increase of 34.73% compared to 2020.

What is RingCentral’s quarterly revenue?

RingCentral's quarterly revenue for Q3 2024 was $608.76M, a 2.67% increase from the previous quarter (Q2 2024), and a 9.07% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $592.91M, a 1.49% increase from the previous quarter (Q1 2024), and a 9.94% increase year-over-year (Q2 2023). RNG's quarterly revenue for Q1 2024 was $584.21M, a 2.27% increase from the previous quarter (Q4 2023), and a 9.47% increase year-over-year (Q1 2023).

What is RingCentral’s revenue growth rate?

RingCentral's revenue growth rate for the last 3 years (2021-2023) was 38.10%, and for the last 5 years (2019-2023) was 143.94%.

What are RingCentral’s revenue streams?

RingCentral's revenue streams in c 23 are License and Service, and Product and Service, Other. License and Service generated $2.1B in revenue, accounting 95.36% of the company's total revenue, up 11.26% year-over-year. Product and Service, Other generated $102.1M in revenue, accounting 4.64% of the company's total revenue, up 1.52% year-over-year.

What is RingCentral’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of RingCentral was License and Service. This segment made a revenue of $2.1B, representing 95.36% of the company's total revenue.