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RingCentral (RNG) Gross Margin

Annual Gross Margin

69.84%
+2.11%+3.12%

December 31, 2023

Summary

Performance

1-Year Change

+3.12%

3-Year Change

-3.88%

5-Year Change

-8.91%

15-Year Change

-8.01%

RNG Gross Margin Chart

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Highlights

Sector Rank

77.59%
RNG annual gross profit margin is higher than 77.59% of companies in Technology sector

High & Low

All-time High

76.67%
RNG annual gross profit margin is currently -8.91% below its historical high of 76.67%

3-Year Low

67.73%
RNG annual gross profit margin is currently +3.12% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2023
RNG previous annual earnings announcement was published on Dec 31, 2023

Next Annual Earnings Report Date

Feb 20, 2025
RNG next annual earnings announcement is scheduled for Feb 20, 2025

OtherRNGprofitabilitymetrics:

Annual Revenue

$2.20 B
RNG annual revenue is $2.20 billion

Annual Gross Profit

$1.54 B
RNG annual gross profit is $1.54 billion

Annual Operating Margin

-9.03%
RNG annual operating profit margin is -9.03%

Annual Net Margin

-7.50%
RNG annual net profit margin is -7.50%

Quarterly Gross Margin

70.40%
+0.20%+0.28%

September 30, 2024

Summary

Performance

3-Month Change

+0.28%

1-Year Change

+0.96%

3-Year Change

-4.03%

5-Year Change

-5.39%

RNG Quarterly Gross Margin Chart

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Highlights

Sector Rank

75.77%
RNG quarterly gross profit margin is higher than 75.77% of companies in Technology sector

High & Low

All-time High

77.41%
RNG quarterly gross profit margin is currently -9.06% below its historical high of 77.41%

3-Year Low

66.75%
RNG quarterly gross profit margin is currently +5.47% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 30, 2024
RNG previous earnings announcement was published on Sep 30, 2024

Next Quarterly Earnings Report Date

Feb 20, 2025
RNG next earnings announcement is scheduled for Feb 20, 2025

OtherRNGprofitabilitymetrics:

Quarterly Revenue

$608.76 M
RNG quarterly revenue is $608.76 million

Quarterly Gross Profit

$428.58 M
RNG quarterly gross profit is $428.58 million

Quarterly Operating Margin

0.54%
RNG quarterly operating profit margin is 0.54%

Quarterly Net Margin

-1.29%
RNG quarterly net profit margin is -1.29%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

69.84%
RNG annual gross profit margin is 69.84%

Annual Gross Profit

$1.54 B
RNG annual gross profit is $1.54 billion

Annual Revenue

$2.20 B
RNG annual revenue is $2.20 billion

RNG Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year+3.1%+1.0%
3 y3 years-3.9%-4.0%
5 y5 years-8.9%-5.4%

RNG Gross Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-2.8%+3.1%-0.6%+5.5%
5 y5-year-6.1%+3.1%-4.3%+5.5%
alltimeall time-8.9%+26.3%-9.1%+15.2%

RingCentral Gross Margin History

DateAnnualQuarterly
Sep 2024
-
70.40%(+0.3%)
Jun 2024
-
70.20%(-0.9%)
Mar 2024
-
70.82%(+0.9%)
Dec 2023
69.84%(+3.1%)
70.20%(+0.7%)
Sep 2023
-
69.73%(+0.3%)
Jun 2023
-
69.51%(-0.5%)
Mar 2023
-
69.89%(+0.7%)
Dec 2022
67.73%(-5.8%)
69.40%(+3.4%)
Sep 2022
-
67.10%(-0.6%)
Jun 2022
-
67.51%(+1.1%)
Mar 2022
-
66.75%(-4.2%)
Dec 2021
71.88%(-1.1%)
69.67%(-5.0%)
Sep 2021
-
73.36%(+1.4%)
Jun 2021
-
72.34%(-0.2%)
Mar 2021
-
72.48%(-0.3%)
Dec 2020
72.66%(-2.4%)
72.73%(-0.2%)
Sep 2020
-
72.89%(+0.6%)
Jun 2020
-
72.43%(-0.2%)
Mar 2020
-
72.55%(-1.4%)
Dec 2019
74.41%(-2.9%)
73.55%(-1.2%)
Sep 2019
-
74.41%(-0.9%)
Jun 2019
-
75.07%(+0.4%)
Mar 2019
-
74.77%(-2.4%)
Dec 2018
76.67%
76.61%(-1.0%)
Sep 2018
-
77.41%(+1.4%)
DateAnnualQuarterly
Jun 2018
-
76.33%(+0.1%)
Mar 2018
-
76.27%(+0.1%)
Dec 2017
75.92%(+0.2%)
76.19%(-0.2%)
Sep 2017
-
76.37%(+1.4%)
Jun 2017
-
75.35%(-0.4%)
Mar 2017
-
75.67%(-1.2%)
Dec 2016
75.76%(+7.4%)
76.57%(+1.0%)
Sep 2016
-
75.78%(+0.2%)
Jun 2016
-
75.65%(+1.0%)
Mar 2016
-
74.88%(+3.1%)
Dec 2015
70.54%(+8.4%)
72.60%(+2.4%)
Sep 2015
-
70.91%(+2.0%)
Jun 2015
-
69.54%(+1.5%)
Mar 2015
-
68.54%(+1.1%)
Dec 2014
65.09%(+5.5%)
67.81%(+2.9%)
Sep 2014
-
65.92%(+4.7%)
Jun 2014
-
62.98%(+0.1%)
Mar 2014
-
62.90%(+1.2%)
Dec 2013
61.67%(+1.4%)
62.17%(+0.4%)
Sep 2013
-
61.92%(+1.3%)
Jun 2013
-
61.11%(-0.4%)
Mar 2013
-
61.33%(-2.1%)
Dec 2012
60.79%(+4.5%)
62.66%(+1.0%)
Sep 2012
-
62.04%
Dec 2011
58.17%(+5.2%)
-
Dec 2010
55.29%
-

FAQ

  • What is RingCentral annual gross profit margin?
  • What is the all time high annual gross margin for RingCentral?
  • What is RingCentral annual gross margin year-on-year change?
  • What is RingCentral quarterly gross profit margin?
  • What is the all time high quarterly gross margin for RingCentral?
  • What is RingCentral quarterly gross margin year-on-year change?

What is RingCentral annual gross profit margin?

The current annual gross margin of RNG is 69.84%

What is the all time high annual gross margin for RingCentral?

RingCentral all-time high annual gross profit margin is 76.67%

What is RingCentral annual gross margin year-on-year change?

Over the past year, RNG annual gross profit margin has changed by +2.11% (+3.12%)

What is RingCentral quarterly gross profit margin?

The current quarterly gross margin of RNG is 70.40%

What is the all time high quarterly gross margin for RingCentral?

RingCentral all-time high quarterly gross profit margin is 77.41%

What is RingCentral quarterly gross margin year-on-year change?

Over the past year, RNG quarterly gross profit margin has changed by +0.67% (+0.96%)