RINGCENTRAL $RNG Q3’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $676M (Est. $667M) 🟢; +5.9% YoY
🔹 Adj. EPS: $1.33 (Est. $1.28) 🟢; +18% YoY
🔹 GAAP EPS: $6.50; includes valuation allowance release
🔹 Non-GAAP Operating Margin: 24.7%; +190 bps YoY
Raises FY26 Guide:
🔹 Revenue: $2.65B-$2.66B (Est. $2.64B) 🟢
🔹 Adj. EPS: $5.07-$5.12 (Est. $5.04) 🟢
🔹 Non-GAAP Operating Margin: ~24.0%-24.2%
🔹 Free Cash Flow: $620M-$630M
Q4 Guide:
🔹 Revenue: $673M-$680M (Est. $673M) 🟡
🔹 Adj. EPS: $1.32-$1.37 (Est. $1.35) 🟡
🔹 Non-GAAP Operating Margin: 25.0%-25.5%
Announcements:
🔹 Launched plugins for ChatGPT and Claude, including Claude for Small Business, and MCP connectors to make voice, SMS, and chat data available in LLMs.
Other Q3 Metrics:
🔹 Free Cash Flow: $157M; +21.0% YoY
🔹 Operating Cash Flow: $180M; +18.8% YoY
Comments:
🔸 “Voice is central to the next wave of AI innovation, and RingCentral is uniquely positioned to lead this transformation”
🔸 “We also reached our $1 billion gross debt target ahead of schedule, further strengthening our balance sheet while returning capital to shareholders.”
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