RingCentral is a provider of SaaS solutions for businesses to support modern communications. The Company's cloud-based business communications solutions provide a single user identity across multiple locations and devices, such as smartphones, tablets, personal computers and desk phones, and allow for communication across multiple channels, including high definition voice, video, short messaging service, messaging and collaboration, conferencing, online meetings, and fax. Its products include RingCentral Office, RingCentral Professional, RingCentral Fax, RingCentral Contact Center and RingCentral Glip.
Company Growth (employees)
Type
Public
HQ
Belmont, US
Founded
2003
Size (employees)
1,037 (est)
Ringcentral was founded in 2003 and is headquartered in Belmont, US

Key People/Management at Ringcentral

Dave Sipes

Dave Sipes

COO
Vlad Vendrow

Vlad Vendrow

Co-founder and Chief Technology Officer
Ryan Azus

Ryan Azus

Senior Vice President of Worldwide Sales
Praful Shah

Praful Shah

Senior Vice President of Strategy
Vlad Shmunis

Vlad Shmunis

CEO, Founder, and Chairman
Kira Makagon

Kira Makagon

Executive Vice President of Innovation

Ringcentral Office Locations

Ringcentral has offices in Belmont, Centennial, Charlotte, Boca Raton and in 22 other locations
Belmont, US (HQ)
20 Davis Dr
London, GB
85 Uxbridge Rd
Boca Raton, US
202 5901 Broken Sound Pkwy NW
Charlotte, US
2320 121 W Trade St
Centennial, US
200 8005 S Chester St
Show all (26)

Ringcentral Financials and Metrics

Ringcentral Financials

Ringcentral's revenue was reported to be $379.7 m in FY, 2016
USD

Revenue (Q3, 2017)

129.8 b

Net income (Q3, 2017)

(5.7 b)

EBIT (Q3, 2017)

(6.2 b)

Market capitalization (13-Nov-2017)

3.5 b

Cash (30-Sep-2017)

172.3 m

EV

3.4 b
Ringcentral's current market capitalization is $3.5 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

160.5 m219.9 m296.2 m379.7 m

Revenue growth, %

37%35%28%

Cost of goods sold

61.5 m76.8 m87.3 m92.2 m

Gross profit

99 m143.1 m209 m287.5 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

41.9 m48.3 m52.8 m56.9 m65.3 m70.7 m76.8 m86.5 m91.8 m96.8 m111.8 m119 b129.8 b

Cost of goods sold

16 m17.9 m19.5 m19.4 m20.5 m21.5 m22.3 m21.7 m22.4 m23.5 m27.3 m29.6 b

Gross profit

26 m30.4 m33.2 m37.5 m44.8 m49.2 m54.4 m64.8 m69.5 m73.4 m84.5 m89.4 b

Gross profit Margin, %

62%63%63%66%69%70%71%75%76%76%76%75%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

116.4 m113.2 m137.6 m160.4 m

Accounts Receivable

3 m7.7 m19.2 m30.2 m

Inventories

5.2 m8.8 m12 m15.3 m

Current Assets

126.7 m159.8 m171 m205.9 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

25.5 m166.8 m151.4 m120.7 m114.2 m120.8 m130 m139.1 m147.8 m152.4 m149.7 m167 m172.3 m

Accounts Receivable

2.5 m3.9 m5.1 m7.4 m11.6 m12.2 m15.2 m25.6 m24.2 m23.6 m31.3 m33.3 m39.7 m

Inventories

2 m2.3 m2.2 m2 m2.1 m2.4 m2.3 m902 k122 k84 k22.2 m

Current Assets

41.6 m179.8 m167.8 m167.2 m158.9 m158.5 m162.5 m178.5 m186.7 m192.7 m198.4 m218.2 m234.2 m
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    (46.1 m)(48.3 m)(32.1 m)(29.3 m)

    Depreciation and Amortization

    9 m10.4 m13.5 m14.7 m

    Accounts Receivable

    (355 k)(4.6 m)(11.9 m)(11.7 m)

    Inventories

    (1.9 m)(3.6 m)(3.6 m)(3.3 m)
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    (8.9 m)(12.9 m)(13.3 m)(12 m)(10.6 m)(8.2 m)(6.3 m)(6.6 m)(7.8 m)(8 m)(7.3 m)(5.7 b)

    Accounts Receivable

    5.1 m7.4 m11.6 m12.2 m15.2 m25.6 m24.2 m23.6 m31.3 m39.7 m

    Inventories

    2.2 m2 m2.1 m2.4 m2.3 m902 k122 k84 k22.2 m

    Accounts Payable

    4.3 m5.7 m4.9 m6 m4.2 m2.8 m2 m4.7 m4.7 m10 m
      USDY, 2017

      EV/EBIT

      -0.5 x

      Revenue/Employee

      125.1 m

      Debt/Equity

      0.1 x

      Debt/Assets

      0.1 x

      Financial Leverage

      1.8 x
      Show all financial metrics

      Ringcentral Operating Metrics

      Ringcentral's Customers was reported to be 350 k in FY, 2016
      Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017

      Monthly Recurring Subscriptions

      $18.3 m$21.1 m$22.9 m$24.8 m$28.4 m$30.3 m$32.5 m$37.6 m

      Annualized Exit Monthly Recurring Subscriptions

      $219.8 m$253.7 m$274.6 m$297.5 m$340.3 m$364 m$389.5 m$450.8 m

      Annualized Exit Monthly Recurring Subscriptions (RingCentral Office)

      $153.7 m$185.4 m$205.4 m$227.7 m$269.3 m$291.9 m$316.8 m$373 m

      Patents (US)

      5485106
      Show all operating metrics

      Ringcentral Market Value History

      Ringcentral Revenue Breakdown

      Ringcentral Median Salaries

      Source: 65 public H-1B filings from Ringcentral

      Ringcentral's Web-traffic and Trends

      Ringcentral Online and Social Media Presence

      Ringcentral Company Life and Culture

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