RingCentral reported first-quarter revenue growth of 5% year over year to $644 million, and non-GAAP operating margin of 22.9%, compared with the midpoint of guidance at $643 million and 22.9%, respectively. 2026 guidance was raised slightly.
RingCentral has inked partnerships with a variety of legacy PBX and telecommunication service providers to deliver co-branded UCaaS solutions to approximately half of the 400 million on-premises phone seats.
We see significant competition from software giants like Microsoft, emerging threats like Zoom, well-positioned incumbents like Cisco, legacy providers like Avaya, and service providers like Verizon.
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Metric
|
RNG
|
ZM
|
CSCO
|
|---|---|---|---|
Price/Earnings (Normalized) | 8.94 | 16.75 | 30.37 |
Price/Book Value | — | 2.98 | 10.01 |
Price/Sales | 1.45 | 6.24 | 8.14 |
Price/Cash Flow | 4.68 | 13.45 | 28.74 |
|
Metric
|
RNG
|
ZM
|
CSCO
|
|---|---|---|---|
Quick Ratio | 0.75 | 4.03 | 0.66 |
Current Ratio | 1.15 | 4.22 | 0.92 |
Interest Coverage | 2.61 | — | 10.01 |
|
Metric
|
RNG
|
ZM
|
CSCO
|
|---|---|---|---|
Return on Assets (Normalized) | 26.69% | 15.97% | 13.34% |
Return on Equity (Normalized) | — | 19.57% | 34.57% |
Return on Invested Capital (Normalized) | 60.90% | 19.45% | 21.97% |
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1-Day Chart
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United States