RingCentral, Inc.
For the period ended Mar 31, 2026. Filed May 11, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed May 11, 2026
RNG$73.32+0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash flows from operating activities | ||
| Net income (loss) | $30,618 | $(10,328) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Depreciation and amortization | 56,911 | 55,061 |
| Share-based compensation | 54,665 | 77,881 |
| Amortization of deferred and prepaid sales commission costs | 39,436 | 40,789 |
| Amortization of debt discount and issuance costs | 976 | 1,131 |
| Loss on early extinguishment of debt | 1,606 | — |
| Reduction of operating lease right-of-use assets | 6,419 | 6,985 |
| Provision for bad debt | 3,739 | 4,437 |
| Other | 4,235 | (234) |
| Changes in assets and liabilities: | ||
| Accounts receivable | 20,741 | 698 |
| Deferred and prepaid sales commission costs | (27,574) | (25,236) |
| Prepaid expenses and other assets | (5,272) | (5,399) |
| Accounts payable | (425) | 38,461 |
| Accrued and other liabilities | (3,693) | (15,997) |
| Deferred revenue | (11,862) | (13,189) |
| Operating lease liabilities | (6,474) | (5,398) |
| Net cash provided by operating activities | 164,046 | 149,662 |
| Cash flows from investing activities | ||
| Purchases of property and equipment | (6,544) | (5,587) |
| Capitalized internal-use software | (16,855) | (13,899) |
| Cash paid for business combination, net of cash acquired | (7,929) | — |
| Net cash used in investing activities | (31,328) | (19,486) |
| Cash flows from financing activities | ||
| Payments for taxes related to net share settlement of equity awards | (10,760) | (1,904) |
| Payments for repurchases of common stock | (81,334) | (50,000) |
| Payment of dividends | (6,413) | — |
| Proceeds from issuance of long-term debt | 600,000 | — |
| Payments for the settlement of convertible notes | (609,065) | (161,326) |
| Repurchases of principal on senior notes | (26,250) | — |
| Repayments of principal on term loan | (11,567) | (5,000) |
| Payments for fees on long-term debt | (620) | (1,018) |
| Repayments of financing obligations | (633) | (633) |
| Payments for contingent consideration | (889) | — |
| Net cash used in financing activities | (147,531) | (219,881) |
| Effect of exchange rate changes | (1,173) | 1,330 |
| Net decrease in cash, cash equivalents, and restricted cash | (15,986) | (88,375) |
| Cash, cash equivalents, and restricted cash | ||
| Beginning of period | 132,564 | 242,811 |
| End of period | $116,578 | $154,436 |
| Supplemental disclosure of cash flow data: | ||
| Cash paid for interest, net of interest rate swap | $21,302 | $22,931 |
| Cash paid for income taxes, net of refunds | $1,753 | $2,304 |
| Non-cash investing and financing activities | ||
| Equipment and capitalized internal-use software purchased and unpaid at period end | $5,783 | $5,061 |
| Indemnity holdback consideration | $4,094 | $— |
| Contingent consideration | $1,900 | $— |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.