Ringcentral Gross Margin 2011-2023 | RNG
Current and historical gross margin for Ringcentral (RNG) over the last 10 years. The current gross profit margin for Ringcentral as of December 31, 2023 is %.
| Ringcentral Gross Margin Historical Data |
| Date |
TTM Revenue |
TTM Gross Profit |
Gross Margin |
| 2023-12-31 |
$2.20B |
$1.54B |
69.85% |
| 2023-09-30 |
$2.16B |
$1.50B |
69.62% |
| 2023-06-30 |
$2.11B |
$1.45B |
69.01% |
| 2023-03-31 |
$2.06B |
$1.41B |
68.52% |
| 2022-12-31 |
$1.99B |
$1.35B |
67.72% |
| 2022-09-30 |
$1.91B |
$1.30B |
67.73% |
| 2022-06-30 |
$1.82B |
$1.26B |
69.14% |
| 2022-03-31 |
$1.71B |
$1.20B |
70.29% |
| 2021-12-31 |
$1.59B |
$1.15B |
71.83% |
| 2021-09-30 |
$1.48B |
$1.08B |
72.65% |
| 2021-06-30 |
$1.37B |
$0.99B |
72.48% |
| 2021-03-31 |
$1.27B |
$0.92B |
72.50% |
| 2020-12-31 |
$1.19B |
$0.86B |
72.49% |
| 2020-09-30 |
$1.10B |
$0.80B |
72.71% |
| 2020-06-30 |
$1.03B |
$0.76B |
73.16% |
| 2020-03-31 |
$0.97B |
$0.72B |
73.89% |
| 2019-12-31 |
$0.90B |
$0.67B |
74.61% |
| 2019-09-30 |
$0.84B |
$0.63B |
75.42% |
| 2019-06-30 |
$0.78B |
$0.59B |
76.12% |
| 2019-03-31 |
$0.73B |
$0.55B |
76.41% |
| 2018-12-31 |
$0.67B |
$0.52B |
76.85% |
| 2018-09-30 |
$0.63B |
$0.48B |
76.84% |
| 2018-06-30 |
$0.58B |
$0.45B |
76.46% |
| 2018-03-31 |
$0.54B |
$0.41B |
76.16% |
| 2017-12-31 |
$0.50B |
$0.38B |
75.94% |
| 2017-09-30 |
$0.47B |
$0.36B |
76.02% |
| 2017-06-30 |
$0.43B |
$0.33B |
75.81% |
| 2017-03-31 |
$0.41B |
$0.31B |
75.86% |
| 2016-12-31 |
$0.38B |
$0.29B |
75.59% |
| 2016-09-30 |
$0.36B |
$0.27B |
74.65% |
| 2016-06-30 |
$0.34B |
$0.25B |
73.45% |
| 2016-03-31 |
$0.32B |
$0.23B |
72.01% |
| 2015-12-31 |
$0.30B |
$0.21B |
70.61% |
| 2015-09-30 |
$0.28B |
$0.19B |
69.09% |
| 2015-06-30 |
$0.26B |
$0.17B |
68.24% |
| 2015-03-31 |
$0.24B |
$0.16B |
66.67% |
| 2014-12-31 |
$0.22B |
$0.14B |
65.00% |
| 2014-09-30 |
$0.20B |
$0.13B |
63.55% |
| 2014-06-30 |
$0.19B |
$0.12B |
62.23% |
| 2014-03-31 |
$0.17B |
$0.11B |
61.85% |
| 2013-12-31 |
$0.16B |
$0.10B |
61.49% |
| 2013-06-30 |
$0.10B |
$0.06B |
60.58% |
| 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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