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RingCentral

RingCentral

Patents Pending (Foreign)

64

Q2, 2022

Revenue

$1.6 B

FY, 2021

Market Capitalization

$4.1 B

2022-09-19

RingCentral Summary

Company summary

Overview
RingCentral is a provider of business cloud communications for small businesses. Its solutions provide a single user identity across multiple locations and devices such as smartphones, tablets, personal computers, and desk phones and allow communication across channels including 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.
Type
Public
Founded
1999
HQ
Belmont, CA, US | view all locations
Website
https://www.ringcentral.com/
Cybersecurity rating
ESG rating
out of 100 | View all ESG data
Sectors

Key people

  • Vlad Shmunis

    Vlad Shmunis, Chief Executive Officer, Founder and Chairman of the Board

  • Vlad Vendrow

    Vlad Vendrow, Co-Founder, Chief Technology Officer

  • Sonalee Parekh

    Sonalee Parekh, Chief Financial Officer

  • Vaibhav Agarwal

    Vaibhav Agarwal, Interim Chief Financial Officer

Operating MetricsView all

Net Dollar Subscription Retention Rate

99.0%

Q2, 2022

Annualized Exit Monthly Recurring Subscriptions (RingCentral Office)

$1.8B
36.1%

Q1, 2022

Patents (US)

197

Q3, 2019

LocationsView all

20 locations detected

  • Belmont, CA HQ

    United States

    20 Davis Dr

  • Boulder, CO

    United States

    2545 Central Ave #200

  • Centennial, CO

    United States

    8005 S Chester St #200

  • Charlotte, NC

    United States

    BB&T Center, 200 S College St #2200

  • Fort Lauderdale, FL

    United States

    6400 N Andrews Ave #200

  • Sydney, NSW

    Australia

    Floor 28/161 Castlereagh St

and 14 others

RingCentral Financials

Summary financials

Revenue (Q2, 2022)
$486.9M
Gross profit (Q2, 2022)
$328.7M
Net income (Q2, 2022)
($159.5M)
Cash (Q2, 2022)
$306.5M
EBIT (Q2, 2022)
($107.8M)
Enterprise value
$5.4B

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