Ringcentral Profit Margin 2011-2023 | RNG
Current and historical gross margin, operating margin and net profit margin for Ringcentral (RNG) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Ringcentral net profit margin as of December 31, 2023 is -7.5%.
| Ringcentral Annual Profit Margins |
| Ringcentral Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Internet Software & Services |
$2.829B |
$2.202B |
|
RingCentral is a leading provider of Unified Communications as a Service solutions including global enterprise cloud communications, collaboration, and customer engagement solutions that enable businesses to communicate, collaborate, and connect. The company's cloud-based business communications and collaboration solutions are designed to provide a single user identity across multiple locations and devices, including smartphones, tablets, PCs and desk phones. This makes remote-working and collaboration easy. RingCentral's solutions include unified voice, video, on-line meetings, team messaging, digital customer engagement, and contact center solutions. Undoubtedly, the company has been benefiting from the work-from-home wave following the coronavirus pandemic that has forced more and more people to stay home.
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