--- title: "Ringcentral | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 644.2 B" type: "News" locale: "en" url: "https://longbridge.com/en/news/285619522.md" datetime: "2026-05-07T21:02:37.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285619522.md) - [en](https://longbridge.com/en/news/285619522.md) - [zh-HK](https://longbridge.com/zh-HK/news/285619522.md) --- # Ringcentral | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 644.2 B Revenue: As of FY2026 Q1, the actual value is USD 644.2 B, beating the estimate of USD 642.53 M. EPS: As of FY2026 Q1, the actual value is USD 0.35, missing the estimate of USD 0.363. EBIT: As of FY2026 Q1, the actual value is USD 64.83 B. #### Revenue - Total revenue for RingCentral, Inc. increased approximately 5% year-over-year to $644 million, compared to $612 million in the first quarter of 2025. - Subscriptions revenue increased approximately 6% year-over-year to $623 million, accounting for 97% of total revenue. #### Operating Margins and Income - GAAP operating margin reached a record 7.8%, up from 1.7% in the prior year. - Non-GAAP operating margin was 22.9%, an increase of 110 basis points year-over-year. - GAAP operating income was $50 million, significantly up from $10 million in the same period last year. - Non-GAAP operating income was $147 million, or 22.9% of total revenue, compared to $133 million, or 21.8% of total revenue, in the prior year period. - Adjusted EBITDA was $170 million, or 26.3% of total revenue, compared to $155 million, or 25.3% of total revenue, in the same period last year. #### Cash Flow - Net cash provided by operating activities was $164 million, representing a 9.6% year-over-year increase, and 25.5% of total revenue. - Free cash flow was $141 million, up 8.0% year-over-year, and 21.8% of total revenue. - Cash and cash equivalents at the end of the first quarter of 2026 totaled $117 million. #### Capital Management and Debt - RingCentral, Inc. repurchased approximately 2.6 million shares for a total of $81 million. - The company repaid $609 million aggregate principal amount of Convertible Senior Notes due 2026 upon maturity in March, and currently has no debt maturities due until 2030. - Stock-based compensation expense as a percentage of revenue was reduced by 420 basis points year-over-year. #### Unique Metrics - Annualized Recurring Revenue (ARR) from customers utilizing paid AI products is over 10% of total ARR, having doubled year-over-year. #### Product and Go-to-Market Highlights - RingCentral, Inc. announced RingCentral AIR Pro™ and AIR Pro for Healthcare, an AI agent platform, and expanded global messaging with SMS in UK and Australia. - The company also announced AI Receptionist (AIR) for SMS and call queues, and the Customer Engagement Bundle (CEB) for Microsoft Teams. - Partnership expansions include Cox Business introducing an AI-first contact center solution powered by RingCentral, Inc. and Spectrum Business making RingCX and AI Conversation Expert (ACE) available to its customers. #### Outlook / Guidance RingCentral, Inc. expects second quarter 2026 total revenue to be between $648 million and $653 million, with non-GAAP operating margin projected at 23.0% to 23.2%. For the full year 2026, the company is raising its guidance for total revenue to a range of $2.62 billion to $2.64 billion, and non-GAAP operating margin to approximately 23.3% to 23.7%. Additionally, full-year free cash flow guidance has been raised to $590 million to $605 million. ### Related Stocks - [RNG.US](https://longbridge.com/en/quote/RNG.US.md) ## Related News & Research - [8x8 (EGHT) Q1 Earnings Report Preview: What To Look For](https://longbridge.com/en/news/286706587.md) - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [Range Impact GAAP EPS of -$0.02, revenue of $0.92M](https://longbridge.com/en/news/286725496.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Yext to Announce First Quarter Fiscal Year 2027 Financial Results on June 2, 2026 | YEXT Stock News](https://longbridge.com/en/news/286970613.md)