RingCentral
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. RingCentral's past years’ income statements indicate that its last revenue has increased compared to the previous period by 11% to $2,202,429,000. The net income raised on -$165,240,000 and profit margin reached -8%. Total operating expenses were $1,736,949,000.
Profit Margin
| 2014 | 219.88M | -48.34M | -21.98% |
|---|---|---|---|
| 2015 | 296.22M | -32.09M | -10.84% |
| 2016 | 379.72M | -29.30M | -7.72% |
| 2017 | 501.52M | -26.14M | -5.21% |
| 2018 | 673.62M | -26.20M | -3.89% |
| 2019 | 902.85M | -53.60M | -5.94% |
| 2020 | 1.18B | -82.99M | -7.01% |
| 2021 | 1.59B | -376.25M | -23.59% |
| 2022 | 1.98B | -879.16M | -44.22% |
| 2023 | 2.20B | -165.24M | -7.5% |
RNG Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 2.20B | 1.98B | 1.59B | 1.18B | 902.85M | 673.62M | 501.52M | 379.72M | 296.22M | 219.88M |
Cost of revenue | 664.29M | 641.73M | 448.36M | 323.60M | 231.04M | 157.12M | 121.27M | 92.21M | 87.27M | 76.77M |
Gross profit | 1.53B | 1.34B | 1.14B | 860.05M | 671.81M | 516.49M | 380.25M | 287.51M | 208.95M | 143.11M |
Operating exp. | ||||||||||
Research and development | 335.85M | 362.25M | 309.73M | 189.48M | 136.36M | 101.04M | 75.14M | 65.51M | 52.92M | 44.58M |
Selling and marketing | 1.06B | 1.05B | 854.15M | 583.77M | 439.1M | 329.11M | 260.06M | 192.49M | 139.85M | 104.82M |
Total operating expenses | 1.73B | 1.71B | 1.44B | 973.28M | 717.49M | 532.93M | 407.53M | 313.46M | 239.88M | 188.31M |
Operating income | -198.81M | -365.78M | -301.78M | -32.78M | -36.42M | -16.43M | -27.27M | -25.95M | -30.93M | -45.20M |
Other income (expenses), net | 41.96M | -508.26M | -71.93M | 31.17M | -20.51M | 6.47M | 1.39M | -2.37M | -2.43M | -3.03M |
Income before tax | -156.84M | -874.05M | -373.72M | -82.06M | -56.94M | -26.06M | -25.88M | -29.07M | -33.36M | -48.24M |
Income tax expense | 8.39M | 5.11M | 2.52M | 934K | -3.33M | 140K | 258K | 236K | -1.26M | 97K |
Net income | -165.24M | -879.16M | -376.25M | -82.99M | -53.60M | -26.20M | -26.14M | -29.30M | -32.09M | -48.34M |
Earnings per share | ||||||||||
Basic EPS | -1.74 | -9.23 | -4.1 | -0.94 | -0.64 | -0.33 | -0.34 | -0.4 | -0.46 | -0.72 |
Diluted EPS | -1.74 | -9.23 | -4.1 | -0.94 | -0.64 | -0.33 | -0.34 | -0.4 | -0.46 | -0.72 |
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