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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $657.01M | $644.20M | $644.03M | $638.66M | $620.40M | $612.06M | $614.51M | $608.77M |
| Cost of revenue | $184.70M | $179.43M | $183.51M | $180.33M | $178.95M | $180.45M | $178.17M | $180.18M |
| Gross profit | $472.31M | $464.77M | $460.53M | $458.33M | $441.45M | $431.61M | $436.34M | $428.58M |
| Gross margin | 71.9% | 72.1% | 71.5% | 71.8% | 71.2% | 70.5% | 71.0% | 70.4% |
| Research and development | $82.80M | $81.71M | $77.56M | $79.91M | $77.54M | $81.98M | $84.90M | $84.14M |
| Selling, general and administrative | $339.22M | $333.03M | $340.52M | $347.61M | $326.95M | $339.28M | $335.80M | $341.15M |
| Operating expenses | $422.02M | $414.74M | $418.09M | $427.52M | $404.49M | $421.27M | $420.70M | $425.29M |
| Operating income | $50.29M | $50.03M | $42.44M | $30.81M | $36.96M | $10.34M | $15.64M | $3.29M |
| Operating margin | 7.7% | 7.8% | 6.6% | 4.8% | 6.0% | 1.7% | 2.5% | 0.5% |
| EBITDA | $107.37M | $106.94M | $98.64M | $87.23M | $91.88M | $65.40M | $70.69M | $57.87M |
| Interest expense | −$18.67M | −$14.81M | −$13.76M | −$13.94M | −$16.47M | −$16.12M | −$16.33M | −$16.39M |
| Income before taxes | $42.25M | $34.11M | $27.89M | $17.05M | $15.68M | −$4.37M | $1.59M | −$12.03M |
| Income taxes | $3.14M | $3.49M | $4.92M | −$513.00K | $2.48M | $5.96M | $8.78M | −$4.18M |
| Net income | $39.12M | $30.62M | $22.97M | $17.56M | $13.19M | −$10.33M | −$7.19M | −$7.85M |
| Net margin | 6.0% | 4.8% | 3.6% | 2.7% | 2.1% | -1.7% | -1.2% | -1.3% |
| EPS, basic | $0.47 | $0.36 | $0.27 | $0.19 | $0.15 | −$0.11 | −$0.08 | −$0.09 |
| EPS, diluted | $0.45 | $0.35 | $0.26 | $0.19 | $0.14 | −$0.11 | −$0.08 | −$0.09 |
| Diluted shares | 86.62M | 86.99M | 89.82M | 91.96M | 92.06M | 91.02M | 90.66M | 91.89M |
Figures describe RingCentral shares, not any token. As of Jul 23, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.