Quarterly ResultJul 23, 2026, 04:52 PM
RingCentral Q2 Revenue $657M, EPS $0.45; Raises Dividend 67% to $0.125
AI Summary
RingCentral, Inc. announced strong financial results for the second quarter ended June 30, 2026, exceeding guidance across all key metrics. Total revenue grew 5.9% year-over-year to $657 million, with GAAP EPS at $0.45 and non-GAAP EPS at $1.22. The company also significantly increased its quarterly cash dividend by approximately 67% to $0.125 per share and raised its full-year outlook for revenue, GAAP and non-GAAP margins, and free cash flow. Additionally, 13% of Annual Recurring Revenue (ARR) now comes from customers using a native paid AI product, doubling year-over-year.
Key Highlights
- Total revenue increased 5.9% year-over-year to $657 million.
- GAAP EPS was $0.45, up from $0.14 in the prior year.
- Non-GAAP EPS was $1.22, up from $1.06 in the prior year.
- Quarterly cash dividend increased by 67% to $0.125 per share.
- Free cash flow grew 24.8% year-over-year to $180 million.
- Full-year total revenue guidance raised to $2.635 billion to $2.646 billion.
- Full-year non-GAAP EPS guidance raised to $4.96 to $5.10.
- 13% of ARR is now from customers utilizing a native paid AI product.
Price Impact
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