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RingCentral's peak revenue was $1.6B in 2021. The peak quarterly revenue was $608.8M in 2024(q3).
RingCentral's revenue increased from $114.5m in 2012 to $1.6B currently. That's a 1,292.48% change in annual revenue.
| Fiscal year / year | RingCentral revenue |
|---|---|
| 2012 | $114.5M |
| 2013 | $160.5M |
| 2014 | $219.9M |
| 2015 | $296.2M |
| 2016 | $379.7M |
| 2017 | $501.5M |
| 2018 | $673.6M |
| 2019 | $902.9M |
| 2020 | $1.2B |
| 2021 | $1.6B |
Rate RingCentral's financial transparency
RingCentral saw the greatest revenue growth in 2013, when revenue increased by 40.15%.
RingCentral had the lowest revenue growth in 2022, when revenue changed by 24.68%.
| Year | RingCentral growth |
|---|---|
| 2013 | 40%↑ |
| 2014 | 37%↑ |
| 2015 | 35%↑ |
| 2016 | 28%↑ |
| 2017 | 32%↑ |
| 2018 | 34%↑ |
| 2019 | 34%↑ |
| 2020 | 31%↑ |
| 2021 | 35%↑ |
Do you work at RingCentral?
Did RingCentral meet its revenue projections?
| CEO | Vladimir G. Shmunis |
| Industry | Software & Services |
| Company Type | Public |
| Employees Number | 2,363 |
| Date Founded | 1999 |
| Headquarters | Belmont, California |
| Number of Locations | 8 |
| Revenue | $1.6B |
| Net Income | -$879,166,000 |
| Gross Proft | $1.1B (2021) |
| PE Ratio | -17.54 |
| Tax Rate | -0.0% |
| Market Capitalization | $6.6B |
| Total Assets | $2,073,662,000 |
| Ticker | RNG |
RingCentral received early financing of $12.0M on 2007-09-01.
| Series | Round size | Date |
|---|---|---|
| Series A | $12M | 09/2007 |
| Series B | $12M | 02/2008 |
| Series C | $10M | 10/2010 |
| Series D | $10M | 09/2011 |
| Investors | Security type |
|---|---|
| Sequoia Capital | Series A |
| Khosla Ventures | Series A |
| DAG Ventures | Series B |
| Sequoia Capital | Series B |
| Khosla Ventures | Series B |
| Cisco Systems, Inc. | Series C |
| Sequoia Capital | Series C |
| Khosla Ventures | Series C |
| DAG Ventures | Series D |
| Scale Venture Partners | Series D |
| Cisco Systems, Inc. | Series D |
| Sequoia Capital | Series D |
| Khosla Ventures | Series D |
| Silicon Valley Bank | Series D |
RingCentral's top competitor, Workday, earned an annual revenue of $8.4B.
RingCentral's smallest competitor is Grasshopper Group with revenue of $240.0K last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Vonage | $58,815 | $1.4B | 2,400 | 7 |
| Meru Networks | $107,663 | $90.9M | 350 | - |
| Juniper Networks | $120,409 | $5.1B | 9,400 | - |
| Workday | $125,723 | $8.4B | 12,500 | 193 |
| Palo Alto Networks | $131,646 | $8.0B | 11,098 | 1,162 |
| Infoblox | $124,726 | $358.3M | 1,001 | 68 |
| Citrix | $114,526 | $3.2B | 9,000 | 6 |
| F5 | $122,454 | $2.8B | 6,550 | 203 |
| Extreme Networks | $71,927 | $1.1B | 2,713 | 87 |
| 8x8 | $111,101 | $728.7M | 1,696 | 63 |
Zippia gives an in-depth look into the details of RingCentral, including salaries, political affiliations, employee data, and more, in order to inform job seekers about RingCentral. The employee data is based on information from people who have self-reported their past or current employments at RingCentral. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by RingCentral. The data presented on this page does not represent the view of RingCentral and its employees or that of Zippia.
RingCentral may also be known as or be related to RINGCENTRAL INC., RingCentral, RingCentral Inc, RingCentral, Inc., Ringcentral and Ringcentral, Inc.