Technology - Software - Application - NYSE - US
$ 35.78
-2.61 %
$ 3.24 B
Market Cap
-34.08
P/E
INCOME STATEMENT
2.2 B
REVENUE
-199 M
OPERATING INCOME
-165 M
NET INCOME
EFFICIENCY
Earnings Waterfall
RingCentral, Inc.
| Revenue | 2.2 B |
| Cost Of Revenue | 664 M |
| Gross Profit | 1.54 B |
| Operating Expenses | 1.74 B |
| Operating Income | -199 M |
| Other Expenses | -33.6 M |
| Net Income | -165 M |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | ||||||||||||||
| Revenue | 2 202.4 | 1 988.3 | 1 594.8 | 1 183.7 | 902.9 | 673.6 | 501.5 | 379.7 | 296.2 | 219.9 | 160.5 | 114.5 | 78.9 | 50.2 |
| GROSS PROFIT | ||||||||||||||
| Cost Of Revenue | 664.3 | 641.7 | 448.4 | 323.6 | 231.0 | 157.1 | 121.3 | 92.2 | 87.3 | 76.8 | 61.5 | 44.9 | 33.0 | 22.5 |
| Gross Profit | 1 538.1 | 1 346.6 | 1 146.4 | 860.0 | 671.8 | 516.5 | 380.3 | 287.5 | 209.0 | 143.1 | 99.0 | 69.6 | 45.9 | 27.8 |
| OPERATING INCOME | ||||||||||||||
| Operating Expenses | 1 736.9 | 1 712.4 | 1 448.2 | 973.3 | 717.5 | 532.9 | 407.5 | 313.5 | 239.9 | 188.3 | 140.0 | 103.5 | 59.7 | 35.1 |
| Selling, General and Administrative Expenses | 1 386.1 | 1 350.1 | 1 138.4 | 783.8 | 581.1 | 431.9 | 332.4 | 248.0 | 187.0 | 143.7 | 106.6 | 79.0 | 47.5 | 27.9 |
| Research and Development Expenses | 335.9 | 362.3 | 309.7 | 189.5 | 136.4 | 101.0 | 75.1 | 65.5 | 52.9 | 44.6 | 33.4 | 24.4 | 12.2 | 7.2 |
| Operating Income | (198.8) | (365.8) | (301.8) | (32.8) | (36.4) | (16.4) | (27.3) | (26.0) | (30.9) | (45.2) | (41.0) | (33.8) | (13.8) | (7.3) |
| PRE-TAX INCOME | ||||||||||||||
| Interest Income Expense | 36.0 | 4.8 | 64.4 | 49.3 | 20.5 | 16.1 | 99 K | 0.7 | 1.1 | 2.0 | 5.4 | 1.5 | 0.2 | 0.2 |
| Total Other Income | 42.0 | (224.6) | (71.9) | 31.2 | (11.3) | (9.6) | 1.4 | (3.1) | (2.4) | (3.0) | (5.1) | (1.5) | 49 K | 12 K |
| Pre-Tax Income | (156.8) | (874.1) | (373.7) | (82.1) | (56.9) | (26.1) | (25.9) | (29.1) | (33.4) | (48.2) | (46.1) | (35.3) | (13.9) | (7.3) |
| NET INCOME | ||||||||||||||
| Tax Provision | 8.4 | 5.1 | 2.5 | 0.9 | (3.3) | 0.1 | 0.3 | 0.2 | (1.3) | 97 K | 45 K | 92 K | 15 K | 1 K |
| Net Income | (165.2) | (879.2) | (376.2) | (83.0) | (53.6) | (26.2) | (26.1) | (29.3) | (32.1) | (48.3) | (46.1) | (35.4) | (13.9) | (7.3) |
| EPS | 1.74 | 9.23 | 4.1 | 0.94 | 0.64 | 0.33 | 0.34 | 0.4 | 0.46 | 0.72 | 1.39 | 0.67 | 0.26 | 0.14 |