---
schema_version: "secwatch.filing_event.v1"
accession: "0001384905-24-000007"
form_type: "8-K"
ticker: "RNG"
cik: "0001384905"
company_name: "RingCentral, Inc."
filed_at: "2024-02-20T23:59:59+00:00"
generated_at: "2026-06-05T22:53:47.686381+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# RingCentral Q4 rev $571M (+9%), non-GAAP EPS $0.86; FY24 rev outlook $2.37-2.40B

## Summary
- Q4 revenue $571M (+9% YoY); subscriptions $547M (+9%); ARR $2.33B (+11%).
- Non-GAAP operating margin 20.5% (up 650 bps); non-GAAP EPS $0.86 vs $0.60.
- Record Q4 operating cash flow $114M (19.9% rev); adjusted unlevered FCF $97M.
- FY2024 guidance: total revenue $2.37-2.40B (8-9% growth); non-GAAP EPS $3.50-3.58; op margin 21.0%.
- Board additions: Ned Segal (Dec 2023) and Prat Bhatt (Mar 2024); repurchased $253M of 2025 notes.

## SEC filing metadata
- accession: 0001384905-24-000007
- form_type: 8-K
- ticker: RNG
- cik: 0001384905
- company_name: RingCentral, Inc.
- filed_at: 2024-02-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1384905/000138490524000007/0001384905-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1384905/000138490524000007/rng-20240220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001384905-24-000007
- JSON: https://secwatch.observer/filing/0001384905-24-000007.json
- Plain text: https://secwatch.observer/filing/0001384905-24-000007.txt

## Key facts
- Earnings Releases
  RingCentral, Inc. reported the fiscal quarter ended December 31, 2023 results: revenue $571 million, EPS ($0.50).
  - Period: the fiscal quarter ended December 31, 2023
  - Revenue: $571 million
  - EPS: ($0.50)
  - Result: reported results
  source text: Financial Results for the Fourth Quarter 2023 • Revenue: Total revenue was $571 million for the fourth quarter of 2023, up from $525 million in the fourth quarter of 2022, representing 9% growth. Adjusted for constant currency, total revenue rose 8%. Subscriptions revenue of $547 million increased 9% year over year and accounted for 96% of total revenue. Adjusted for constant currency, subscriptions revenue rose 9%. • Operating Income (Loss): GAAP operating loss was ($45) million, compared to ($256) million in the same period last year. Non-GAAP operating income was $117 million, or 20.5% of total revenue, compared to $73 million, or 14.0% of total revenue, in the same period last year. • Adjusted EBITDA: Adjusted EBITDA was $138 million, or 24.2% of total revenue, compared to $93 million, or 17.7% of total revenue, in the same period last year. • Net Income (Loss) Per Share: GAAP net loss per share was ($0.50), compared to ($2.97) in the same period last year. Diluted non-GAAP net inc
  evidence_url: https://www.sec.gov/Archives/edgar/data/1384905/000138490524000007/0001384905-24-000007-index.htm
- Earnings Releases
  RingCentral, Inc. reported the fiscal year ended December 31, 2023 results: revenue $2.202 billion, EPS ($1.74).
  - Period: the fiscal year ended December 31, 2023
  - Revenue: $2.202 billion
  - EPS: ($1.74)
  - Result: reported results
  source text: Financial Results for the Full Year 2023 • Revenue: Total revenue was $2.202 billion for 2023, up from $1.988 billion in 2022, representing 11% growth. Adjusted for constant currency, total revenue rose 11%. Subscriptions revenue of $2.100 billion increased 11% and accounted for over 95% of total revenue. Adjusted for constant currency, subscriptions revenue rose 11%. • Operating Income (Loss): GAAP operating loss was ($199) million, compared to ($649) million in 2022. Non-GAAP operating income was $420 million, or 19.1% of total revenue, compared to $246 million, or 12.4% of total revenue, in 2022. • Adjusted EBITDA: Adjusted EBITDA for 2023 was $503 million, or 22.8% of total revenue, compared to $318 million, or 16.0% of total revenue, for 2022. • Net Income (Loss) Per Share: GAAP net loss per share was ($1.74), compared to ($9.23) in 2022. Diluted non-GAAP net income per share was $3.23, compared to $1.99 per share in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1384905/000138490524000007/0001384905-24-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.