RingCentral Q2 2026 Results Overview
RingCentral, Inc. (NYSE:RNG) announced second‑quarter 2026 financial results that surpassed analyst expectations. Adjusted earnings per share were $1.22, exceeding the consensus estimate of $1.16 by $0.06. Revenue reached $657 million, topping the consensus forecast of $650.55 million and representing a 5.9% year‑over‑year increase from $620 million in Q2 2025.
Following the release, the stock gained 2.9% in after‑hours trading and closed 2.55% higher on the day of the announcement. The company also raised its full‑year 2026 revenue guidance to a range of $2.635 billion to $2.646 billion, with a midpoint of $2.641 billion, although the commentary notes this falls short of the analyst consensus of $2.63 billion. Full‑year adjusted EPS guidance was increased to $4.96‑$5.10, with a midpoint of $5.03, surpassing the consensus estimate of $4.95.
CEO and Founder Vlad Shmunis stated that the quarter delivered strong performance across all key metrics and highlighted the company’s transition toward an “Agentic Voice AI” leadership position. He noted that customers using at least one paid AI product now account for approximately 13% of annual recurring revenue (ARR), a figure that has doubled year‑over‑year.
For the third quarter of 2026, RingCentral projects total revenue of $664 million to $670 million, with a midpoint of $667 million, and adjusted EPS of $1.25‑$1.30, with a midpoint of $1.28.
Subscription revenue grew 5.8% year‑over‑year to $634 million. Adjusted operating margin improved to 23.4%, up roughly 90 basis points from the prior year. Free cash flow amounted to $180 million, a 24.8% year‑over‑year increase, representing 27.4% of total revenue.
The board approved a dividend increase of approximately 67%, raising the payout from $0.075 to $0.125 per share, payable on August 20, 2026. Additionally, the company repurchased roughly 2.2 million shares for $94 million during the quarter.