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RingCentral

Cloud-based business communication and collaboration platform

Overview

RingCentral provides cloud-based communication and collaboration tools for businesses. It offers a unified RingCentral App that combines voice, video, messaging, and collaboration so users can manage calls, messages, and meetings across any device. Additional services include RingCentral Fax and RingCentral Contact Center, all delivered through a subscription model. Revenue comes from recurring subscription fees and an affiliate program that rewards partners for selling the services. The company differentiates itself with an integrated, global cloud communications suite and strategic partnerships (for example with AT&T) that extend reach. Its goal is to simplify and unify business communications and collaboration on a global scale.

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About RingCentral

Simplify's Rating
Why RingCentral is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Consumer SoftwareEnterprise Software

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Belmont, CA

Founded

2003

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What believers are saying

  • On October 22, 2026, RingCentral raised 2026 free cash flow guidance to $625 million.
  • Third-quarter 2026 AI ARR exceeded $400 million, roughly 15% of recurring revenue.
  • RingCentral cut gross debt below $1 billion and expanded Allnet.Italia and Warriors partnerships.

What critics are saying

  • Pay As You Go sued RingCentral on November 3, 2026 for patent infringement in Texas.
  • Arlington Technologies still targets Webinar, RingSense, Video Meetings, and Rooms in Delaware.
  • Microsoft Teams, Zoom, and Five9 keep pressuring RingCentral on price, bundles, and switching costs.

What makes RingCentral unique

  • RingCentral unifies RingEX and RingCX, selling one vendor for telephony and contact center.
  • On October 28, 2026, RingCX gained AI supervision for human and AI agents.
  • RingCentral’s AIR Pro and AI Receptionist embed agentic workflows directly into customer conversations.

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Funding

Total Funding

$543.4M

Above

Industry Average

Funded Over

7 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Health Savings Account/Flexible Spending Account
  • Unlimited Paid Time Off
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • Hybrid Work Options
  • 401(k) Retirement Plan

Stock Price

Growth & Insights and Company News

6 month growth

1%

1 year growth

2%

2 year growth

1%
Associated Press
Nov 10th, 2026
Jatheon Cloud adds RingCentral archiving to keep calls and texts beyond 90 days

Jatheon has added RingCentral archiving to Jatheon Cloud, its AWS-based archiving platform. The connector captures calls, texts, voicemails, and faxes, and keeps them searchable and ready for review. RingCentral deletes call recordings after 90 days under its standard policy. Jatheon keeps them beyond that window, which closes a common retention gap for regulated industries and the public sector. Reviewers can play recordings in the archive without exporting audio. RingCentral data sits in unified search alongside email and WhatsApp, and teams can tag and export records for audits or litigation. "When call recordings disappear after 90 days, firms are left exposed during exams, records requests, and lawsuits," said chief executive officer Marko Dinic.

WallStreetZen
Oct 28th, 2026
1 software stock hitting new highs.

1 software stock hitting new highs. By Mijuško Šibalić, Stock Market Writer and Stock Researcher October 28, 2026 10:43 PM PDT Dear WallStreetZen Member, This week, its Smart Leverage Alert centers on RingCentral (RNG). RingCentral is a leader in cloud communications. WallStreetZen Limited is talking about the voice, video, messaging, and contact-center software businesses run on... and it's rapidly reinventing itself as an AI-powered customer-engagement platform. After years in the market's doghouse, the stock has come roaring back and just hit a new high. The setup is a momentum story powered by a genuine turnaround. RingCentral has more than tripled over the past year and climbed roughly 59% in three months, breaking out to a fresh 52-week high after its latest quarter blew past expectations. Revenue and margins topped guidance, free cash flow jumped 21%, and the company raised its full-year outlook while cutting gross debt to around $1 billion. The engine behind it is AI. RingCentral's paid AI products now account for roughly 15% of recurring revenue, to the tune of over $400 million, double a year ago. This is a legacy software name successfully turning the AI wave into real, high-margin revenue. Wall Street is constructive, with the analyst consensus rating RNG a Buy. Its Zen Ratings model is firmly on board. RNG earns an A rating, the equivalent of a Strong Buy recommendation, placing it in the top 3% of more than 4,600 stocks, and it's a top-ranked name in the Application Software industry. Behind that score, RNG ranks in the top 11% for Value, the top 4% for Momentum, the top 4% for Safety, and the top 1% for its Financials factor - attractively priced, riding a powerful trend, with exceptional safety and financial strength. Its logic. With Zen Options Essentials, WallStreetZen Limited use "Smart Leverage" - Deep-In-The-Money options that let you control shares for a fraction of the cost, with your maximum risk strictly defined from day one. The "Smart Leverage" Setup: RNG long call. Given the strong fundamental case and the powerful uptrend in RNG, here's how WallStreetZen Limited is structuring the trade using Smart Leverage - Deep-In-The-Money calls that move nearly dollar-for-dollar with the stock, but with strictly defined risk from day one. Instead of committing about $8,560 to own 100 shares outright, a Deep-In-The-Money Call lets you control those same shares for about $2,952. * The Play: $75 Strike Call (Expiring Apr 16, 2027) * Delta: 0.8138 - Right in its sweet spot. This option moves nearly dollar-for-dollar with the stock. You get the upside with significantly less capital at risk. * Intrinsic Value: ~78% - The vast majority of what you pay is real value, not time decay. This is what separates a Smart Leverage setup from the kind of speculative options trades that blow up amateur accounts. * Leverage Multiple: 1.71x - Every dollar still works harder for you than the stock, while the deep ITM strike keeps meaningful downside protection versus a naked speculative call. * The Target: For this position to double (+100%), RNG only needs to reach approximately $100.10 - a roughly 34% move in the stock that produces a 100% return on the option premium. Why Options Over Shares? A roughly 34% move in RNG stock would be a solid return for shareholders. In this Deep-In-The-Money option, that same move has the potential to double your investment while putting only about $2,952 at risk instead of $8,560. That's the power of Smart Leverage: stock-like upside with a fraction of the capital and strictly defined risk from day one. What to do next? RNG is just one of the setups its Zen Options Essentials TradeFinder identified this week. And the best part? You don't need to spend hours doing research to find these trades. The TradeFinder does the heavy lifting - scanning for Deep-In-The-Money options with the optimal Delta, the right Intrinsic Value, and the right Leverage Multiple - so you can evaluate a trade like this in minutes. How is that possible? Because the best options trades aren't about picking exotic strategies or timing the market perfectly. They're about finding great stocks...and using Smart Leverage to control your risk while amplifying your upside. EXACTLY what the Zen Ratings model is built to find. EXACTLY what this methodology has been delivering. If you'd like to see how this entire methodology works, start by watching its presentation, "Options Trading with the Zen Ratings." It walks through the Smart Leverage framework, the TradeFinder, and how WallStreetZen Limited identify these opportunities step by step. Or, perhaps you are ready to start using Smart Leverage by becoming a Zen Options Essentials member. Click below to join: Happy Investing, Mijusko Sibalic Senior Writer, Zen Options Essentials (C) 2026 WallStreetZen Company. Stock tools. Stock ideas. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.

MarketScreener
Oct 28th, 2026
RingCentral Inc. announces new AI capabilities for RingCX.

RingCentral Inc. announces new AI capabilities for RingCX. Published on 10/28/2026 at 09:52 am EDT S&P Capital IQ RingCentral Inc. announced new AI capabilities for RingCX that give contact centers one place to supervise, measure, and plan for AI and human agents as a single workforce. AI agents now handle a growing share of customer conversations, and contact center managers and supervisors need the same visibility and control over them that they have over people. RingCX now extends live supervision, quality scoring, journey analytics, and staffing forecasts to AI agents, including RingCentral AI Receptionist (AIR) and AIR Pro, so supervisors can monitor performance, evaluate interactions, understand customer journeys, and plan capacity from one dashboard. These capabilities are designed to help contact centers improve first contact resolution, reduce handle time, and lower customer service costs. RingCentral?s new AI capabilities enable organizations to seamlessly transfer between AI and human agents in both directions while preserving context, surface AI agent interactions in the same live view as human agents so supervisors can catch issues and intervene in real time, score every AI agent interaction against the same rubric used for human agents, track the complete AI-to-human journey, and forecast staffing needs across AI and human agent capacity together. RingCentral is introducing AI Onboarding for RingCX, designed to simplify and accelerate contact center setup, and shorten the configuration work that delays go-live. Administrators can describe their desired configuration in natural language. RingCentral AI builds the configuration plan, executes it through RingCX APIs, and validates routing with a simulated test before go-live. RingCX is available for mobile, enabling call center agents to receive and handle routed RingCX voice calls from their mobile phones using the RingCentral mobile app, helping reduce missed calls. Additionally, RingCX in Microsoft Teams brings contact center capabilities directly into Microsoft Teams, allowing organizations to manage customer interactions within an interface employees already use, without adding another vendor. These new AI capabilities are being showcased at ICMI 2026 in Orlando, Florida, on October 28-29; booth #505. (C) S&P Capital IQ - 2026

Yahoo Finance
Oct 28th, 2026
RingCentral's RingCX lets contact centres supervise AI and human agents together

RingCentral (NYSE: RNG) has added AI capabilities to its RingCX contact centre platform, letting supervisors manage AI and human agents as one workforce. The company announced the update on October 28, 2026. RingCX now extends live supervision, quality scoring, journey analytics, and staffing forecasts to AI agents, including RingCentral AI Receptionist (AIR) and AIR Pro. Supervisors can monitor, score, and plan capacity from one dashboard, and calls can move between AI and human agents with context intact. RingCentral also introduced AI Onboarding, which lets administrators describe a setup in natural language and has AI build and test the configuration. RingCX is now available on mobile and in Microsoft Teams. The features are on show at ICMI 2026 in Orlando, Florida, on October 28-29.

SaasRise
Oct 24th, 2026
RingCentral boosts full-year free cash flow forecast as ai-driven ARR tops $400M.

RingCentral boosts full-year free cash flow forecast as ai-driven ARR tops $400M. SaasRise - Oct 24, 2026 RingCentral raised its full-year free cash flow guidance to roughly $625 million after reporting AI-driven subscription revenue exceeding $400 million, or about 15% of total ARR. The communications SaaS firm also posted 5.9% revenue growth YoY and improved operating margins, underscoring a durable cash-generation engine. Why it matters. RingCentral's ability to monetize AI features at scale signals a broader trend where communication platforms are evolving from pure connectivity tools to AI-enhanced productivity suites. For SaaS operators, the company's margin resilience despite higher compute costs demonstrates that disciplined pricing and cost-optimization can preserve profitability while expanding high-margin AI services. The debt reduction and elevated free cash flow also illustrate how mature SaaS firms can leverage strong cash generation to fund strategic initiatives, pursue acquisitions, or accelerate product innovation without diluting shareholders. This financial flexibility may pressure competitors to prioritize balance-sheet health alongside growth. Key points. * AI-enabled subscription revenue exceeds $400 million, ~15% of total ARR * Full-year free cash flow forecast raised to ~ $625 million * Q3 revenue up 5.9% YoY to $676 million; adjusted EPS $1.33 * Adjusted operating margin improved to 24.7% * Gross debt fell below $1 billion ahead of schedule Analysis. RingCentral's latest results highlight a pivotal inflection point for communication-focused SaaS firms: AI is no longer a peripheral add-on but a core revenue driver. By converting AI adopters into a high-retention cohort, the company has created a sticky, higher-margin revenue stream that can offset the incremental cost of compute. This mirrors patterns seen in vertical SaaS players that have embedded AI into domain-specific workflows, suggesting a competitive moat that is increasingly data- and model-centric. From a GTM perspective, RingCentral's success underscores the value of bundling AI capabilities with existing product suites to boost ARPU and net retention. The 15% AI share of ARR, while still modest, is growing at a double-digit pace, indicating that early adopters are willing to pay a premium for intelligent features such as agentic voice. Competitors that lag in AI integration risk losing expansion revenue to more innovative rivals. Financially, the company's ability to sustain >80% subscription gross margins while scaling AI workloads is noteworthy. It suggests that RingCentral has achieved a cost-effective model architecture, likely through strategic cloud vendor negotiations and efficient model selection. This margin discipline, combined with a proactive debt-paydown strategy, gives RingCentral the runway to invest in next-generation AI, pursue strategic acquisitions, or increase shareholder returns, setting a benchmark for capital-efficient growth in the mature SaaS segment.

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