RingCentral, Inc. (RNG) Form 10-Q — Oct 22, 2026
RingCentral reported Q3 2026 revenue of $676.0 million, up 6% year-over-year, with operating income rising 75% to $53.9 million and operating margin improving to 8.0% from 4.8%. ARR reached $2.80 billion and free cash flow for the first nine months was $477.6 million, up from $404.1 million a year earlier. The headline $569.7 million net income (diluted EPS of $6.50 vs $0.19 a year ago) was driven by a $544.9 million non-cash tax benefit from releasing the valuation allowance on U.S. deferred tax assets, which management said reflects demonstrated sustained U.S.
Key figures
- Eps
- 6.5
- Revenue
- 676043000
- Net Income
- 569700000
- Total Debt
- 1016890000
- Revenue Yoy
- 6%
- Total Assets
- 1875056000
- Cash Position
- 110118000
- Arr
- $2.80 billion at Sep 30, 2026 vs $2.63 billion at Sep 30, 2025
- Free cash flow 9m
- $477.6 million
- Q3 2026 eps basic
- $6.73
- Term loan balance
- $916.9 million (fully drawn)
- Quarterly dividend
- $0.125 per share payable Nov 20, 2026
- Revolver available
- $305.0 million
- Operating income q3
- $53.9 million vs $30.8 million prior year
- Q3 2025 eps diluted
- $0.19
- Net dollar retention
- >99%
- Share repurchases 9m
- $193.0 million (~5.2 million shares)
- Operating cash flow 9m
- $550.4 million
- Restructuring costs q3
- $12.9 million
- Senior notes outstanding
- $100.0 million (8.50% due 2030)
- Repurchase authority remaining
- $308.9 million
- Remaining performance obligations
- $2.7 billion
- Valuation allowance release tax benefit
- $544.9 million (non-cash, Q3 2026)
AI analysis
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