RingCentral, Inc. Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
RingCentral, Inc. quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • RingCentral, Inc. Operating Margin for the quarter ending June 30, 2024 was -5.01 %, a 80.4% increase year-over-year.
  • RingCentral, Inc. annual Operating Margin for 2023 was -9.03 %, a 72.4% increase from 2022.
  • RingCentral, Inc. annual Operating Margin for 2022 was -32.7 %, a 72.6% decline from 2021.
  • RingCentral, Inc. annual Operating Margin for 2021 was -18.9 %, a 97.8% decline from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -9.03 +23.6 +72.4% Jan 1, 2023 Dec 31, 2023
2022 -32.7 -13.7 -72.6% Jan 1, 2022 Dec 31, 2022
2021 -18.9 -9.36 -97.8% Jan 1, 2021 Dec 31, 2021
2020 -9.57 -4.51 -89.1% Jan 1, 2020 Dec 31, 2020
2019 -5.06 -2.62 -107% Jan 1, 2019 Dec 31, 2019
2018 -2.44 -1.38 -130% Jan 1, 2018 Dec 31, 2018
2017 -1.06 +2.32 +68.6% Jan 1, 2017 Dec 31, 2017
2016 -3.38 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.