RingCentral, Inc. (RNG) Earnings Call Transcripts

RingCentral, Inc.'s Latest Earnings Call - June 10, 2026

In the Q1 2026 earnings call, RingCentral, Inc. (RNG:US) reported strong performance with revenue growth driven by its AI product portfolio and a durable core business. The company achieved a revenue of $500 million, which was above the consensus estimate of $485 million, reflecting a year-over-year growth of 15%. Management raised its full-year guidance, now expecting revenue to reach $2.1 billion, up from previous guidance of $2.0 billion, signaling confidence in continued growth and market demand.

Reported metrics

Guidance from management

Management raised full-year revenue guidance to $2.1 billion from $2.0 billion, reflecting confidence in the growth of both core and AI product segments.

What management said

Look, our core business is growing generally in line with the market, and it's fairly durable. And the durability comes from several different things. Number one, voice continues to be mission-critical for a lot of customers, especially in verticals -- so we are seeing...

Yes, absolutely. It will come from a combination of further efficiencies in the business and lower SPC and intangible amortization over time. Look, we've been expanding margins by, call it, 100 basis points, 100 to 150 basis points. My expectation is that operating margins will continue to improve from here. So that will be a driver. SPC is going to come down. So between the 2, we feel fairly confident in our ability...

What analysts pressed on

Analysts expressed concerns regarding the ongoing pricing pressure in the enterprise segment due to lapping COVID contracts, questioning the potential impact on future revenue growth. There were also inquiries about the effectiveness of AI product monetization and customer adoption rates.

Main topics on the call

• AI Product Adoption — Management highlighted that annual recurring revenue (ARR) from customers using at least one paid AI product has doubled year-over-year, now representing 10% of total ARR. CFO Vaibhav Agarwal stated, "This metric capture...
• Core Business Durability — RingCentral's core business is described as durable, with a recurring revenue model and a net retention rate exceeding 99%. Agarwal noted, "The core is durable, recurring layering in on top is the AI products," indicatin...
• Margin Expansion — The company has successfully expanded its operating margin from 12% to 24% over the past few years, with expectations to reach a GAAP operating margin of 20% in the next few years. Agarwal stated, "We have a recurring bu...
• Customer Migration to Cloud — Management emphasized the ongoing migration of customers from on-premise solutions to cloud-based services, with significant wins including Coca-Cola and the New York Mets. This transition is seen as a key driver for fut...

Read the full RingCentral, Inc. transcript (June 10, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 81 RingCentral, Inc. earnings call transcripts on record, spanning February 10, 2020 to July 23, 2026. Based on this history, RingCentral, Inc. reports quarterly. The most recent call on file is dated July 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

RNG

Exchange

NYSE

Country

US

Sector

Information Technology

Industry

Software

Calls on record

81

First call

February 10, 2020

Most recent

July 23, 2026

Reporting cadence

quarterly