RingCentral's cloud-based communication and collaboration platform offers a comprehensive set of capabilities that unify voice, business messaging, team collaboration, video conferencing, and online meetings. RingCentral revolutionizes the power of the cloud to help companies across the globe work smarter, radically improving the way businesses partner with customers and co-workers. The company offers nimble business communication solutions.
The company's capable platform offers more than VoIP phone service or cloud PBX. RingCentral delivers complete unified communications as a service (UCaaS)—the kind of solutions that integrate seamlessly within person's current application and framework, without expensive on-premise hardware or hassles. Bridging the divide across multiple devices—including smartphones, tablets, computers, and desk phones—RingCentral solutions provide today’s mobile workforce with the flexible communication tools needed to get the job done right.
Company Growth (employees)
Belmont, US
Size (employees)
1,037 (est)+37%
Ringcentral was founded in 2003 and is headquartered in Belmont, US

Key People at Ringcentral

Michael  Machado

Michael Machado

David Lee

David Lee

Vice President of Product Management
Ryan Azus

Ryan Azus

Senior Vice President of Worldwide Sales
Praful Shah

Praful Shah

Senior Vice President of Strategy

Ringcentral Office Locations

Ringcentral has offices in Belmont, Centennial, Charlotte, Boca Raton and in 18 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

Ringcentral Data and Metrics

Ringcentral Financial Metrics

Ringcentral's revenue was reported to be $379.7 m in FY, 2016 which is a 28% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

379.7 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

287.5 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

(29.3 m)

EBIT (FY, 2016)

(26 m)

Market capitalization (24-May-2017)

2.6 b

Closing share price (24-May-2017)


Cash (31-Dec-2016)

160.4 m


2.4 b
Ringcentral's current market capitalization is $2.6 b.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016


160.5 m219.9 m296.2 m379.7 m

Revenue growth, %


Cost of goods sold

61.5 m76.8 m87.3 m92.2 m

Gross profit

99 m143.1 m209 m287.5 m

Gross profit Margin, %


Sales and marketing expense

72.3 m104.8 m139.9 m192.5 m

R&D expense

33.4 m44.6 m52.9 m65.5 m

General and administrative expense

34.3 m38.9 m47.1 m55.5 m

Operating expense total

140 m188.3 m239.9 m313.5 m


(41 m)(45.2 m)(30.9 m)(26 m)

EBIT margin, %


Interest expense

(5.4 m)(2 m)(1.1 m)(746 k)

Income tax expense

(45 k)97 k(1.3 m)236 k

Net Income

(46.1 m)(48.3 m)(32.1 m)(29.3 m)
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016


116.4 m113.2 m137.6 m160.4 m

Accounts Receivable

3 m7.7 m19.2 m30.2 m


5.2 m8.8 m12 m15.3 m

Current Assets

126.7 m159.8 m171 m205.9 m


16.7 m25.5 m28.2 m32 m


9.4 m9.4 m

Total Assets

145.2 m188.3 m214.8 m252.6 m

Accounts Payable

4.4 m4.2 m5.2 m7.8 m

Total Debt

34.2 m24.6 m18.6 m14.8 m

Current Liabilities

51.7 m76.3 m80.6 m116 m

Common Stock

1 k5 k6 k6 k

Additional Paid-in Capital

193.6 m274.8 m319.8 m366.8 m

Retained Earnings

(129.8 m)(178.1 m)(210.2 m)(239.5 m)

Total Equity

96.5 m110.1 m130 m

Debt to Equity Ratio

0.3 x0.2 x0.1 x

Debt to Assets Ratio

0.2 x0.1 x0.1 x0.1 x

Financial Leverage

2 x2 x1.9 x
Numbers are in $, 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)


(1.9 m)(3.6 m)(3.6 m)(3.3 m)

Accounts Payable

(453 k)(510 k)1.6 m1.5 m

Cash From Operating Activities

(23.8 m)(11.4 m)5.1 m29.7 m

Purchases of PP&E

(10.8 m)(18 m)(14.6 m)(14.2 m)

Cash From Investing Activities

(10.9 m)(46.7 m)6.4 m(16.4 m)

Long-term Borrowings

(9.9 m)(6.1 m)(3.8 m)

Cash From Financing Activities

113.2 m54.8 m12.6 m9.3 m

Interest Paid

2.4 m1.3 m1.9 m711 k

Income Taxes Paid

46 k96 k100 k229 k
Y, 2016


-93.4 x


81.6 x


0.1 x


0.1 x

Financial Leverage

1.9 x

Ringcentral Operating Metrics

Ringcentral's Customers was reported to be 350 k in FY, 2016
FY, 2016

Patents (US)


Patents Pending



350 k

Ringcentral Market Value History

Ringcentral Revenue Breakdown

Ringcentral Job Categories

Ringcentral Median Salaries

Source: 65 public H-1B filings from Ringcentral

Ringcentral Online and Social Media Presence

Ringcentral News and Updates

Ringcentral Company Life and Culture

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