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Mar 31, 2024

RingCentral Q1 2024 Earnings Report

Total Revenue
$584M
Previous year: $534M
+9.5%
EPS
$0.87
Previous year: $0.76
+14.5%
ARR
$2.37B
Previous year: $2.16B
+9.7%
Mid-Market/Enterprise ARR
$1.48B
Previous year: $1.33B
+11.2%
Enterprise ARR
$1.02B
Previous year: $905M
+13.0%
Gross Profit
$414M
Previous year: $373M
+11.1%
Cash and Equivalents
$203M
Previous year: $275M
-26.1%
Free Cash Flow
$90M
Previous year: $99.8M
-9.9%
Total Assets
$1.87B
Previous year: $2.05B
-8.5%

RingCentral

RingCentral

RingCentral Revenue by Segment

Revenue & Expenses

Visualization of income flow from segment revenue to net income