RingCentral, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $132.6M | $242.8M | $222.2M | $270.0M | $267.2M | $639.9M | $343.6M | $566.3M |
| Accounts Receivable | $384.1M | $386.3M | $364.4M | $311.3M | $232.8M | $176.0M | $130.0M | $94.4M |
| Inventory | $929.0K | $1.2M | $1.5M | $1.2M | $5.7M | $551.0K | $401.0K | $199.0K |
| Total Current Assets | $765.2M | $871.1M | $848.6M | $796.0M | $650.7M | $926.1M | $535.5M | $707.5M |
| Property, Plant & Equipment | $186.6M | $180.7M | $184.4M | $185.4M | $166.9M | $142.2M | $89.2M | $70.2M |
| Goodwill | $97.8M | $83.0M | $67.4M | $54.3M | $55.5M | $57.3M | $55.3M | $31.2M |
| Intangible Assets (Excl. Goodwill) | $135.4M | $258.5M | $393.8M | $528.1M | $716.6M | $118.3M | $127.3M | $19.5M |
| Total Assets | $1.48B | $1.78B | $1.94B | $2.07B | $2.58B | $2.18B | $1.45B | $894.3M |
| Liabilities | ||||||||
| Accounts Payable | $27.7M | $21.9M | $53.3M | $62.7M | $70.0M | $54.0M | $34.6M | $10.1M |
| Total Current Liabilities | $1.22B | $748.8M | $632.5M | $652.6M | $526.3M | $438.1M | $280.7M | $199.4M |
| Long-Term Debt | $629.6M | $1.35B | $1.53B | $1.64B | — | — | — | — |
| Total Liabilities | $1.87B | $2.13B | $2.25B | $2.36B | $2.04B | $1.87B | $705.0M | $576.7M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-1.71B | $-1.76B | $-1.70B | $-1.53B | $-748.6M | $-372.3M | $-289.3M | $-235.7M |
| Total Stockholders' Equity | $-588.1M | $-550.9M | $-502.6M | $-482.8M | $339.0M | $308.5M | $745.7M | $317.6M |