RingCentral公布二季度业绩并小幅上调全年指引

Total revenue up 5.9%; GAAP and non-GAAP margins and EPS all above high end of guidance

13% of ARR is now from customers utilizing a native paid AI product, doubling year-over-year

Raising quarterly dividend by approximately 67% to $0.125 per share

Raising full year outlook on revenue, GAAP and non-GAAP margins and free cash flow

BELMONT, Calif.--(BUSINESS WIRE)--
RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered customer engagement, today announced financial results for the second quarter ended June 30, 2026.
Second Quarter Financial Highlights
Subscriptions revenue increased approximately 5.8% year-over-year to $634 million.
Total revenue increased approximately 5.9% year-over-year to $657 million.
GAAP operating margin of 7.7%, compared to 6.0% in the prior year.
Non-GAAP operating margin of 23.4%, up approximately 90 basis points year-over-year.
GAAP EPS of $0.45 compared to $0.14 last year.
Non-GAAP EPS of $1.22 compared to $1.06 last year.
Net cash provided by operating activities of $206 million, up 23.3% year-over-year.
Free cash flow of $180 million, up 24.8% year-over-year.
Reduced stock-based compensation expense as a percentage of revenue by 150 basis points year-over-year.
Repurchased approximately 2.2 million shares for a total of $94 million.
“We delivered another strong quarter, exceeding the high end of guidance across all key metrics while accelerating our transformation into an Agentic Voice AI leader,” said Vlad Shmunis, RingCentral’s Founder, Chairman and CEO. “Customers using at least one paid AI product now represent approximately 13% of ARR, having doubled year-over-year. This is a reflection of the growing value of our AI portfolio. Powered by our global voice network, rich customer interaction data, and ability to orchestrate AI and human agents, RingCentral is uniquely positioned to lead the future of customer engagement.”
“RingCentral is in a unique position, with a strong recurring core business, a widening moat, increasing momentum from AI-led products, and a financial profile that continues to strengthen,” said Vaibhav Agarwal, RingCentral’s CFO. “We are growing revenues, driving operating efficiencies, and generating high-quality free cash flow, which gives us the flexibility to invest in growth, strengthen the balance sheet, and return capital to shareholders, positioning us for long-term growth to compound free cash flow and create meaningful long-term shareholder value.”
RingCentral Declares a Dividend
RingCentral’s Board of Directors approved an increase in the Company's quarterly cash dividend by approximately 67% from $0.075 to $0.125 per share of our outstanding capital stock, payable on August 20, 2026 to stockholders of record as of the close of business on August 6, 2026.
Financial Results for the Second Quarter 2026
Revenue: Total revenue was $657 million for the second quarter of 2026, up from $620 million in the second quarter of 2025, representing 5.9% year-over-year growth. Subscriptions revenue of $634 million increased 5.8% year-over-year and accounted for 96% of total revenue.
Operating Income: GAAP operating income was $50 million, compared to $37 million in the same period last year. Non-GAAP operating income was $154 million, or 23.4% of total revenue, compared to $140 million, or 22.6% of total revenue, in the same period last year.
Adjusted EBITDA: Adjusted EBITDA was $177 million, or 26.9% of total revenue, compared to $162 million, or 26.0% of total revenue, in the same period last year.
Net Income Per Share: GAAP net income per diluted share improved to $0.45, compared to $0.14 in the same period last year. Diluted non-GAAP net income per share was $1.22, compared to $1.06 per share in the same period last year. The second quarters of 2026 and 2025 each reflected a non-GAAP tax rate of approximately 22.5%.
Cash Flow: Net cash provided by operating activities for the second quarter of 2026 was $206 million, or 31.4% of total revenue, compared to $167 million, or 27.0% of total revenue, for the second quarter of 2025. Free cash flow for the second quarter of 2026 was $180 million, or 27.4% of total revenue, compared to $144 million, or 23.3% of total revenue, for the second quarter of 2025.
Cash and Cash Equivalents: Total cash and cash equivalents at the end of the second quarter of 2026 was $112 million. Our cash balance reflects the repurchase of $94 million in shares during the second quarter of 2026 under the share repurchase plans previously authorized by our Board. We currently have approximately $326 million remaining under our total authorization.
Additional Highlights
Expanded AIR Pro with agentic AI capabilities in RingCX, including native AI agents embedded directly into customer engagement workflows, autonomous AI-powered outbound outreach, and intelligent handoffs that seamlessly transfer conversations to live agents with full customer context.
Enhanced AVA (AI Virtual Assistant) with AI-powered Workflow Builder and conversational analytics, enabling users to create RingCX workflows using natural language and instantly retrieve reports, metrics, and operational insights through simple prompts.
Advanced RingWEM capabilities with Live Screen Monitoring, giving supervisors real-time visibility into agent interactions and the ability to coach agents live, improving quality management, compliance, and workforce performance.
RingCentral named to TIME’s list of America’s Best Companies 2026. The ranking recognizes U.S. companies demonstrating excellence in employee satisfaction, financial performance, and sustainability transparency.
Nucleus Research named RingCX a Leader in its CCaaS Technology Value Matrix, recognizing RingCentral's AI, workforce engagement, and embedded contact center investments.
Aragon Research named RingCX a Leader in its Intelligent Contact Center for SMB Globe report, specifically citing the OpenAI partnership as positioning RingCentral to lead the shift toward agentic voice AI across the full customer interaction lifecycle.
ISG named RingCentral a Leader in its Collaborative AI Suites Buyers Guide — and a category leader in AI Capabilities specifically.
Metrigy gave RingCentral Top Provider recognition in its 2026 MetriStar Award for UCaaS, based on direct customer ratings — with high scores in voice quality, platform integrations, and ease of use.
Financial Outlook
Third Quarter 2026 Guidance:
Subscriptions revenue of $643 to $649 million.
Total revenue of $664 to $670 million.
GAAP operating margin of 7.2% to 8.6%.
Non-GAAP operating margin of 23.5% to 24.0%
Non-GAAP EPS of $1.25 to $1.30 based on approximately 86.5 million fully diluted shares.
Share-based compensation of $63 to $67 million.
Our full year 2026 guidance is:
Raising subscriptions revenue range to $2.550 billion to $2.561 billion.
Raising total revenue range to $2.635 billion to $2.646 billion.
Raising GAAP operating margin to 9.0% to 9.7%.
Raising non-GAAP operating margin to approximately 23.6% to 24.0%.
Raising non-GAAP EPS of $4.96 to $5.10 based on 87.0 to 86.5 million fully diluted shares.
Share-based compensation of $240 to $245 million.
Raising free cash flow guidance of $615 to $625 million.
Conference Call Details:
What: RingCentral financial results for the second quarter of 2026 and outlook for the third quarter and full year of 2026.
When: Thursday, July 23, 2026 at 2:00PM PT (5:00PM ET).
Dial-in: 1-888-349-0093 from the United States; 1-412-317-5201 internationally
Webcast: https://ir.ringcentral.com (live and replay).
Investor Presentation Details
An investor presentation providing additional information and analysis can be found at https://ir.ringcentral.com .
About RingCentral
RingCentral is a global leader in AI–powered customer engagement, delivering an integrated platform for business phone, SMS, contact center, workforce engagement management, video collaboration, and messaging. Powered by advanced AI capabilities, RingCentral delivers intelligence at every p