RingCentral Reports Q2 2025 Revenue Growth of 5% YoY, Achieves Positive GAAP Net Income with 2.1% Margin
Reuters
Aug 06
RingCentral Reports <a href="https://laohu8.com/S/QTWO">Q2</a> 2025 Revenue Growth of 5% YoY, Achieves Positive GAAP Net Income with 2.1% Margin
RingCentral Inc., a global leader in AI-powered business communications, reported financial results for the second quarter ending June 30, 2025. The company's subscriptions revenue saw a 6% year-over-year increase, reaching $599 million, while total revenue grew by 5% year-over-year to $620 million. The Annualized Exit Monthly Recurring Subscriptions $(ARR)$ rose 7% year-over-year to $2.59 billion. The GAAP operating margin improved to 6.0%, compared to a negative 0.9% in the prior year and 1.7% in the previous quarter. Moreover, the non-GAAP operating margin increased by 160 basis points year-over-year to 22.6%. RingCentral achieved a GAAP net income margin of 2.1%, a significant improvement from the negative 2.5% reported in the prior year and negative 1.7% in the previous quarter. A notable development within the company is the promotion of Vaibhav Agarwal to the position of Chief Financial Officer, marking a significant update in their leadership team. The results underscore RingCentral's continued growth and operational efficiency in the business communications sector.
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