RingCentral

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.

About RingCentral

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

Industries

Consumer Software

Enterprise Software

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Belmont, California

Founded

2003

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Simplify's Take

What believers are saying

  • Q2 2026 revenue reached $657 million, and full-year guidance rose to $2.646 billion.
  • Paid AI products reached 13% of ARR by July 2026, doubling year over year.
  • Dividend rose 67% to $0.125, while free cash flow guidance hit $625 million.

What critics are saying

  • ShinyHunters listed RingCentral on July 27, 2026; confirmed leakage would crush enterprise trust.
  • AIR Pro beta features target 2H 2026, and delays invite Zoom and Twilio pressure.
  • Low-single-digit communications growth leaves valuation dependent on cash returns, not product expansion.

What makes RingCentral unique

  • AIR Pro launched March 10, 2026, pairing voice-first AI agents with no-code Studio.
  • RingCentral unifies voice, video, messaging, fax, and contact center for enterprise workflows.
  • AT&T partnership and global installed base widen distribution across SMB and large enterprises.

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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

401(k) Company Match

Family Planning Benefits

Fertility Treatment Support

Employee Assistance Program (EAP)

Professional Development Budget

Wellness Program

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 0%
IT Brands
Aug 5th, 2026
Phishing service spoofs RingCentral to steal Microsoft 365 accounts.

Phishing service spoofs RingCentral to steal Microsoft 365 accounts. The Greatness phishing-as-a-service (PhaaS) platform has expanded from credential phishing to adversary-in-the-middle attacks and device-code phishing targeting Microsoft 365 accounts. The platform has been active since at least mid-2022, targeting Microsoft 365 users in the United States, Canada, the UK, Australia, and South Africa. It evolved over the years and now targets multiple platforms, including Microsoft 365, iCloud, Yahoo, and Google Workspace. Currently, it is sold for $289 per month to cybercriminals over a Telegram channel with thousands of subscribers. In a recent campaign observed by researchers at email security company ZeroBEC, Greatness operators abused the RingCentral communications platform to bypass email security filters on the recipient side. RingCentral is a communications platform used by businesses for services such as cloud calling, messaging, and voicemail. In the Greatness phishing activity, the attacker impersonated the platform by claiming their emails came from service@ringcentral[.]com, targeting actual users of the service. These emails used fake voicemail and performance-review notifications as lures to entice recipients to open them. Although the messages originated from an unknown IONOS mail server, failed SPF and DMARC checks, and had no DKIM signature, they were still accepted by the receiving systems because RingCentral was whitelisted. Moreover, the emails included a fraudulent banner claiming that the sender had been verified by the organization's safe-sender list, which helped reduce suspicion at the human level. ZeroBEC explains that the tactic achieved a Spam Confidence Level (SCL) of -1 on Microsoft Exchange, allowing them to bypass the normal email filtering stages. Clicking the button embedded in those emails took victims to the Greatness infrastructure, where they were routed either through a Microsoft adversary-in-the-middle (AiTM) phishing flow that captured an MFA-approved authentication token or through a device-code phishing flow. Post-compromise, the attacker replayed Microsoft 365 authentication tokens from VPS and commercial VPN infrastructure to access the compromised accounts. They then enumerated Outlook mailboxes, Teams conversations, SharePoint sites, OneDrive files, contacts, calendars, and registered applications through Microsoft Graph, with access persisting for more than two weeks in some cases. It should be noted that RingCentral recently disclosed a data breach incident which was claimed by threat actor ShinyHunters. "This incident has affected data for a limited portion of RingCentral customers, and we are communicating with affected customers directly," explained the company in a security bulletin published July 28. ZeroBEC comments that it's likely that cybercriminals using Greatness got a list of valid targets, users of the RingCentral platform, from that incident, though a connection cannot be confidently made. The researchers recommend auditing safe-sender lists and replacing blanket domain exclusions with rules requiring valid email authentication. Also, hunt for Greatness infrastructure and suspicious MFA-approved Microsoft 365 sign-ins from hosting or VPN addresses. If compromise is suspected, administrators should revoke all access and refresh tokens, review OAuth consent, Microsoft Graph activity, and access to Microsoft 365 services. NOTE:: ITBrands is using this article for educational or Information purpose only

Bulletproof Servers
Aug 5th, 2026
Phishing service spoofs RingCentral to steal Microsoft 365 accounts

Phishing service spoofs RingCentral to steal Microsoft 365 accounts. The Greatness phishing-as-a-service (PhaaS) platform has expanded from credential phishing to adversary-in-the-middle attacks and device-code phishing targeting Microsoft 365 accounts. The platform has been active since at least mid-2022, targeting Microsoft 365 users in the United States, Canada, the UK, Australia, and South Africa. It evolved over the years and now targets multiple platforms, including Microsoft 365, iCloud, Yahoo, and Google Workspace. Currently, it is sold for $289 per month to cybercriminals over a Telegram channel with thousands of subscribers. In a recent campaign observed by researchers at email security company ZeroBEC, Greatness operators abused the RingCentral communications platform to bypass email security filters on the recipient side. RingCentral is a communications platform used by businesses for services such as cloud calling, messaging, and voicemail. In the Greatness phishing activity, the attacker impersonated the platform by claiming their emails came from service@ringcentral[.]com, targeting actual users of the service. These emails used fake voicemail and performance-review notifications as lures to entice recipients to open them. Although the messages originated from an unknown IONOS mail server, failed SPF and DMARC checks, and had no DKIM signature, they were still accepted by the receiving systems because RingCentral was whitelisted. Moreover, the emails included a fraudulent banner claiming that the sender had been verified by the organization's safe-sender list, which helped reduce suspicion at the human level. ZeroBEC explains that the tactic achieved a Spam Confidence Level (SCL) of -1 on Microsoft Exchange, allowing them to bypass the normal email filtering stages. Clicking the button embedded in those emails took victims to the Greatness infrastructure, where they were routed either through a Microsoft adversary-in-the-middle (AiTM) phishing flow that captured an MFA-approved authentication token or through a device-code phishing flow. Post-compromise, the attacker replayed Microsoft 365 authentication tokens from VPS and commercial VPN infrastructure to access the compromised accounts. They then enumerated Outlook mailboxes, Teams conversations, SharePoint sites, OneDrive files, contacts, calendars, and registered applications through Microsoft Graph, with access persisting for more than two weeks in some cases. It should be noted that RingCentral recently disclosed a data breach incident which was claimed by threat actor ShinyHunters. "This incident has affected data for a limited portion of RingCentral customers, and we are communicating with affected customers directly," explained the company in a security bulletin published July 28. ZeroBEC comments that it's likely that cybercriminals using Greatness got a list of valid targets, users of the RingCentral platform, from that incident, though a connection cannot be confidently made. The researchers recommend auditing safe-sender lists and replacing blanket domain exclusions with rules requiring valid email authentication. Also, hunt for Greatness infrastructure and suspicious MFA-approved Microsoft 365 sign-ins from hosting or VPN addresses. If compromise is suspected, administrators should revoke all access and refresh tokens, review OAuth consent, Microsoft Graph activity, and access to Microsoft 365 services.

Yahoo Finance
Jul 28th, 2026
RingCentral hits 4-year high on 67% dividend increase, Q2 revenue up to $657M

RingCentral shares surged to a four-year high of $55.30 on Monday before closing 11.16% higher at $53.70, driven by investor anticipation of a 67% dividend increase. The company will pay $0.125 per share to shareholders on record as of 6 August 2026, with payments on 20 August. The dividend follows strong second-quarter results. Revenue rose 5.9% year-on-year to $657 million, exceeding guidance of $648-653 million. Subscription revenue reached $634 million, up 5.8% and beating forecasts of $628-633 million. Non-GAAP diluted earnings per share jumped 15% to $1.22, surpassing guidance of $1.15-1.17. Customers using at least one paid AI product now represent approximately 13% of annual recurring revenue, doubling year-on-year. Hedge fund positions decreased to 25 from 27, but total stake value increased 17.7% to $406 million.

HookPhish
Jul 27th, 2026
Ransomware Group shinyhunters hits: RingCentral, Inc.

Ransomware Group shinyhunters hits: RingCentral, Inc. HookPhish team Target organization RingCentral, Inc. ringcentral.com Technology Summary. In the latest cybersecurity news, RingCentral, Inc. - an organization based in US - has fallen victim to a ransomware attack conducted by the group shinyhunters. This data breach, discovered on Jul 27, 2026, 12:59 UTC, underscores the increasing need for proactive cybersecurity defenses as HookPhish continue through 2026. Incident report. | Target Organization | RingCentral, Inc. | | Threat Group | shinyhunters | | Summary | Over XX of data was compromised. This is a final warning to reach out by 30 July 2026 before HookPhish leak along with several annoying (digital) problems that'll come your way. Make the right decision, don't be the next headline. Updated: 27 July 2026 | Warning: FINAL WARNING PAY OR LEAK | | Date of Breach | Jul 27, 2026, 11:10 UTC | | Discovery Date | Jul 27, 2026, 12:59 UTC | | Region | US | | Target Domain | ringcentral.com | | Business Sector | Technology | How to reduce your ransomware risk. Most ransomware intrusions start with a stolen password or a phishing email. A few proactive steps sharply cut your exposure: * monitor the dark web for leaked logins - close the gap attackers exploit. * continuous breach monitoring - close the gap attackers exploit. Disclaimer. HookPhish does not engage in the exfiltration, downloading, taking, hosting, viewing, reposting, or disclosure of any stolen information. All breach data reported here is sourced from publicly available threat intelligence feeds for awareness purposes only.

SaasRise
Jul 26th, 2026
RingCentral shares jump 25% on strong free cash flow and dividend hike.

RingCentral shares jump 25% on strong free cash flow and dividend hike. SaasRise - Jul 26, 2026 RingCentral (RNG) saw its shares climb 25% after reporting a 5.9% YoY revenue rise to $657 million, a 24.8% jump in free cash flow to $180 million, and a 67% dividend increase to $0.125 per share. The results underscore the company's AI-driven product expansion and a tightening profit profile. Why it matters. RingCentral's results illustrate a turning point for mature SaaS operators: AI can be a lever not only for top-line expansion but also for margin improvement and cash generation. By turning AI tools into a meaningful share of ARR and using that to boost operating efficiency, RingCentral demonstrates a pathway to profitability that many growth-stage SaaS firms lack. The dividend hike signals that investors are rewarding cash-positive SaaS models, potentially prompting other public SaaS companies to consider shareholder returns as a strategic option. For founders and operators, RingCentral's playbook highlights the importance of embedding AI across the product stack to create new revenue streams while also extracting operational efficiencies. The company's ability to raise guidance despite a modest 5.9% revenue growth suggests that investors value cash conversion and margin expansion as much as headline growth, reshaping how SaaS CEOs prioritize product roadmaps and capital allocation. Key points. * RingCentral shares up 25% after Q2 results * Revenue rose 5.9% YoY to $657 million * Free cash flow hit $180 million, a 24.8% increase * AI tool sales doubled, now 13% of ARR * Quarterly dividend increased 67% to $0.125 per share Analysis. RingCentral's Q2 performance is a case study in how mature SaaS firms can leverage AI to break the growth-profitability paradox. Historically, the SaaS sector has been dominated by a narrative that high growth necessitates low margins and negative cash flow, especially for companies chasing market share. RingCentral flips that script by using AI not just as a feature set but as a revenue-generating engine that also drives operational efficiencies. The 13% ARR contribution from AI tools, coupled with a 27% free-cash-flow margin, suggests that AI can be a moat that protects both top-line and bottom-line performance. The dividend hike is equally noteworthy. SaaS investors have traditionally shunned dividend-paying models, fearing that cash returns signal a plateau in growth potential. RingCentral's decision to raise its payout while still forecasting double-digit EPS growth and robust free cash flow challenges that bias. It may encourage other cash-positive SaaS companies - especially those with recurring revenue bases and expanding AI portfolios - to explore shareholder returns as a differentiator in capital-intensive markets. Looking ahead, the key question is scalability. RingCentral must sustain AI adoption rates and continue to improve margin conversion as it scales. Competitors like ZoomInfo, Twilio, and Freshworks are also accelerating AI investments, which could compress RingCentral's pricing power if differentiation erodes. However, the company's integrated voice network and data assets provide a defensible platform that could keep its AI offerings ahead of the curve. If RingCentral can maintain its cash conversion trajectory while expanding AI-driven ARR, it could set a new benchmark for profitable, AI-native SaaS businesses.

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