Flagship explainer

How RingCentral, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$2.5B · 100%Cost of revenue$723M · 29%Gross profit$1.8B · 71%Operating income$121M · 5%Income before tax$56.2M · 2%Income tax$12.8M · 1%Net income$43.4M · 2%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$2.5B100%
Cost of revenue$723M29%
$1.8B71%
$121M5%
Income before tax$56.2M2%
Income tax$12.8M1%
$43.4M2%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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