Demonstrações financeiras detalhadas de RingCentral, Inc. (RNG): demonstração de resultados, balanço patrimonial e fluxo de caixa. Acompanhe a evolução de margens, dívida, liquidez e rentabilidade ano a ano com até 20 anos de histórico.
Resumo da Análise
RingCentral, Inc. registou receitas de $2.52B no último exercício, com um CAGR de 5 anos de 16.3%.
Margens dos últimos 12 meses: margem bruta 71.8%, margem operacional 6.9%, margem líquida 4.3%.
Demonstração de Resultados (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Receita | $379.7M | $501.5M | $673.6M | $902.9M | $1.18B | $1.59B | $1.99B | $2.20B | $2.40B | $2.52B |
| Custo da Receita | $92.2M | $121.3M | $157.1M | $231.0M | $323.6M | $448.4M | $641.7M | $664.3M | $705.5M | $724.0M |
| Lucro Bruto | $287.5M | $380.3M | $516.5M | $671.8M | $860.0M | $1.15B | $1.35B | $1.54B | $1.69B | $1.79B |
| P&D | $65.5M | $75.1M | $101.0M | $136.4M | $189.5M | $309.7M | $362.3M | $335.9M | $329.3M | $317.0M |
| Despesas Gerais e Administrativas | $248.0M | $332.4M | $431.9M | $581.1M | $783.8M | $1.14B | $1.35B | $1.40B | $1.36B | $1.35B |
| Despesas Operacionais | $313.5M | $407.5M | $532.9M | $717.5M | $973.3M | $1.45B | $2.00B | $1.74B | $1.69B | $1.66B |
| Lucro Operacional | -$26.0M | -$27.3M | -$16.4M | -$45.7M | -$113.2M | -$301.8M | -$649.5M | -$198.8M | $2.7M | $126.2M |
| EBITDA | $1.8M | $12.4M | $13.3M | $1.4M | $42.8M | -$184.0M | -$622.7M | $113.1M | $236.6M | $381.4M |
| Despesas com Juros | $746000 | $99000 | $16.1M | $20.5M | $49.3M | $64.4M | $4.8M | $36.0M | $65.0M | $60.3M |
| Lucro Antes de Impostos | -$29.1M | -$25.9M | -$26.1M | -$56.9M | -$82.1M | -$373.7M | -$874.1M | -$156.8M | -$47.2M | $56.2M |
| Imposto | $236000 | $258000 | $140000 | -$3.3M | $934000 | $2.5M | $5.1M | $8.4M | $11.1M | $12.8M |
| Lucro Líquido | -$29.3M | -$26.1M | -$26.2M | -$53.6M | -$83.0M | -$376.2M | -$879.2M | -$165.2M | -$58.3M | $43.4M |
| LPA | $-0.40 | $-0.34 | $-0.33 | $-0.64 | $-0.94 | $-4.10 | $-9.23 | $-1.74 | $-0.63 | $0.50 |
| LPA Diluído | $-0.40 | $-0.34 | $-0.33 | $-0.64 | $-0.94 | $-4.10 | $-9.23 | $-1.74 | $-0.63 | $0.48 |
| Ações em Circulação (Diluídas) | $73.0M | $76.3M | $79.5M | $83.1M | $88.7M | $91.7M | $95.2M | $94.9M | $92.1M | $88.0M |
Demonstração de Resultados (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Receita | $638.7M | $644.0M | $644.2M | $657.0M |
| Lucro Bruto | $458.3M | $459.8M | $464.8M | $472.3M |
| Lucro Operacional | $30.8M | $48.1M | $50.0M | $50.3M |
| EBITDA | $129.7M | $97.8M | $105.8M | $4.0M |
| Lucro Líquido | $17.6M | $23.0M | $30.6M | $39.1M |
| LPA | $0.19 | $0.27 | $0.36 | $0.47 |
| LPA Diluído | $0.19 | $0.26 | $0.35 | $0.45 |
Balanço (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caixa e Equivalentes | $160.4M | $181.2M | $566.3M | $343.6M | $639.9M | $267.2M | $270.0M | $222.2M | $242.8M | $132.6M |
| Investimentos de Curto Prazo | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Contas a Receber | $30.2M | $46.7M | $94.4M | $130.0M | $176.0M | $232.8M | $311.3M | $364.4M | $386.3M | $384.1M |
| Estoque | $63000 | $198000 | $199000 | $401000 | $551000 | $5.7M | $1.2M | $1.5M | $1.2M | $929000 |
| Ativos Circulantes | $205.9M | $248.0M | $707.5M | $535.5M | $926.1M | $650.7M | $796.0M | $848.6M | $871.1M | $597.9M |
| Imobilizado | $32.0M | $43.3M | $70.2M | $128.5M | $193.3M | $214.2M | $220.8M | $227.4M | $227.1M | $217.4M |
| Ágio | $9.4M | $9.4M | $31.2M | $55.3M | $57.3M | $55.5M | $54.3M | $67.4M | $83.0M | $97.8M |
| Ativos Intangíveis | $2.2M | $1.5M | $19.5M | $127.3M | $118.3M | $716.6M | $528.1M | $393.8M | $258.5M | $135.4M |
| Ativos Totais | $252.6M | $305.2M | $894.3M | $1.45B | $2.18B | $2.58B | $2.07B | $1.94B | $1.78B | $1.48B |
| Contas a Pagar | $7.8M | $7.3M | $10.1M | $34.6M | $54.0M | $70.0M | $62.7M | $53.3M | $21.9M | $27.7M |
| Dívida de Curto Prazo | $14.7M | 0 | 0 | 0 | $31.1M | 0 | 0 | $20.0M | $181.3M | $624.2M |
| Passivos Circulantes | $116.0M | $126.7M | $199.4M | $280.7M | $438.1M | $526.3M | $652.6M | $632.5M | $748.8M | $1.22B |
| Dívida de Longo Prazo | $312000 | 0 | $366.6M | $386.9M | $1.38B | $1.40B | $1.64B | $1.53B | $1.35B | $843.4M |
| Passivos Totais | $122.6M | $133.0M | $576.7M | $705.0M | $1.87B | $2.24B | $2.56B | $2.45B | $2.33B | $2.07B |
| Reservas | -$239.5M | -$265.6M | -$235.7M | -$289.3M | -$372.3M | -$748.6M | -$1.53B | -$1.70B | -$1.76B | -$1.71B |
| Patrimônio Líquido | $130.0M | $172.2M | $317.6M | $745.7M | $312.2M | $339.0M | -$482.8M | -$502.6M | -$550.9M | -$588.1M |
| Dívida Total | $15.0M | 0 | $366.6M | $429.7M | $1.46B | $1.45B | $1.68B | $1.59B | $1.58B | $1.48B |
| Dívida Líquida | -$145.3M | -$181.2M | -$199.8M | $86.0M | $821.6M | $1.18B | $1.41B | $1.37B | $1.34B | $1.35B |
| Capital de Giro | $89.9M | $121.3M | $508.2M | $254.8M | $488.1M | $124.5M | $143.5M | $216.1M | $122.3M | -$620.8M |
Balanço (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caixa e Equivalentes | $145.4M | $132.6M | $116.6M | $111.5M |
| Ativos Totais | $1.53B | $1.48B | $1.42B | $1.38B |
| Passivos Totais | $1.86B | $2.07B | $2.03B | $1.99B |
| Patrimônio Líquido | -$334.3M | -$588.1M | -$609.3M | -$610.4M |
| Dívida Total | $1.30B | $1.48B | $1.45B | $1.34B |
Fluxo de Caixa (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Lucro Líquido | -$29.3M | -$26.1M | -$26.2M | -$53.6M | -$83.0M | -$376.2M | -$879.2M | -$165.2M | -$58.3M | $43.4M |
| Depreciação e Amortização | $14.7M | $16.2M | $23.3M | $37.9M | $75.6M | $125.3M | $246.6M | $233.9M | $222.6M | $222.6M |
| Compensação em Ações | $30.8M | $42.1M | $68.1M | $101.4M | $189.6M | $358.0M | $386.0M | $426.7M | $339.1M | $269.7M |
| Variação Capital de Giro | $9.7M | $7.9M | -$33.1M | -$73.2M | -$229.6M | -$126.3M | -$224.2M | -$215.3M | -$207.9M | -$146.8M |
| Fluxo de Caixa Operacional | $29.7M | $41.2M | $72.1M | $64.8M | -$35.2M | $152.2M | $191.3M | $399.7M | $483.3M | $617.4M |
| CapEx | -$16.4M | -$26.9M | -$57.0M | -$133.4M | -$107.7M | -$396.8M | -$90.4M | -$75.7M | -$83.1M | -$30.1M |
| Aquisições | 0 | 0 | -$26.4M | -$27.9M | 0 | 0 | 0 | -$14.7M | -$26.3M | -$20.8M |
| Recompra de Ações | -$255000 | -$3.7M | -$15.0M | -$14.7M | 0 | 0 | -$99.8M | -$311.1M | -$322.4M | -$334.4M |
| Dividendos Pagos | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Fluxo de Caixa Livre | $13.3M | $14.2M | $15.1M | -$68.5M | -$142.9M | -$244.7M | $100.9M | $323.9M | $400.2M | $587.3M |
Fluxo de Caixa (Trimestral)
| Ano | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Fluxo de Caixa Operacional | $151.4M | $155.6M | $164.0M | $206.4M |
| CapEx | -$7.6M | $34.3M | -$6.5M | -$26.2M |
| Fluxo de Caixa Livre | $143.8M | $189.9M | $157.5M | $180.2M |
| Dividendos Pagos | 0 | 0 | -$6.4M | -$6.4M |
| Compensação em Ações | $64.7M | 0 | $54.7M | $57.1M |
Crescimento e Margens (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crescimento Receita (anual) | | +32.1% | +34.3% | +34.0% | +31.1% | +34.7% | +24.7% | +10.8% | +9.0% | +4.8% |
| Crescimento Lucro Líquido (anual) | | +10.8% | -0.2% | -104.6% | -54.8% | -353.3% | -133.7% | +81.2% | +64.7% | +174.4% |
| Crescimento LPA (anual) | | +15.0% | +2.9% | -93.9% | -46.9% | -336.2% | -125.1% | +81.1% | +63.8% | +179.4% |
| Variação de Ações (anual) | | +4.5% | +4.2% | +4.6% | +6.7% | +3.4% | +3.8% | -0.3% | -3.0% | -4.5% |
| Crescimento FCF (anual) | | +7.0% | +6.1% | -553.2% | -108.6% | -71.3% | +141.2% | +221.1% | +23.6% | +46.8% |
| Margem Bruta | 75.7% | 75.8% | 76.7% | 74.4% | 72.7% | 71.9% | 67.7% | 69.8% | 70.6% | 71.2% |
| Margem Operacional | -6.8% | -5.4% | -2.4% | -5.1% | -9.6% | -18.9% | -32.7% | -9.0% | 0.1% | 5.0% |
| Margem EBITDA | 0.5% | 2.5% | 2.0% | 0.2% | 3.6% | -11.5% | -31.3% | 5.1% | 9.9% | 15.2% |
| Margem Líquida | -7.7% | -5.2% | -3.9% | -5.9% | -7.0% | -23.6% | -44.2% | -7.5% | -2.4% | 1.7% |
| Margem FCF | 3.5% | 2.8% | 2.2% | -7.6% | -12.1% | -15.3% | 5.1% | 14.7% | 16.7% | 23.4% |
| Taxa Efetiva de Imposto | -0.8% | -1.0% | -0.5% | 5.9% | -1.1% | -0.7% | -0.6% | -5.4% | -23.4% | 22.8% |
Dados por Ação (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Ação | $0.18 | $0.19 | $0.19 | $-0.82 | $-1.61 | $-2.67 | $1.06 | $3.41 | $4.34 | $6.68 |
| Dividendo por Ação | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Ações em Circulação (Básicas) | $73.0M | $76.3M | $79.5M | $83.1M | $88.7M | $91.7M | $95.2M | $94.9M | $92.1M | $86.1M |
O que olhar em empresas de Technology
- Crescimento de receita 3a (≥15%/ano) — Valida tração sustentada, não um ano pontual.
- Margem bruta (Depende do sub-setor) — SaaS ≥70%, Internet ≥55%, Semis ≥45%, Hardware ≥35%.
- FCF / Receita (≥20%) — Caixa real gerada. Muitas tech maquilham lucros não-GAAP.
- ROIC (≥15%) — Eficiência do capital reinvestido — a primeira métrica de Buffett.
- SBC / Receita (<10% saudável) — Stock-based compensation. Diluição silenciosa: >20% destrói valor.
- Dívida Líquida / EBITDA (≤2x (1,5x SaaS)) — Resistência em recessões e subidas de juros.
Rentabilidade
| Margem bruta | 71.80% |
| Margem operacional | 6.94% |
| Margem líquida | 4.27% |
Saúde financeira
| Dívida / Patrimônio | -2.20 |
| Liquidez corrente | 1.11 |
Índices Chave (10 anos)
| Ano | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/L | -51.50 | -142.35 | -249.82 | -263.55 | -403.16 | -45.70 | -3.84 | -19.51 | -55.57 | 57.76 |
| P/VP | 11.56 | 21.44 | 20.64 | 18.80 | 107.63 | 50.70 | -6.98 | -6.41 | -5.85 | -4.23 |
| P/V | 3.96 | 7.36 | 9.73 | 15.53 | 28.39 | 10.78 | 1.70 | 1.46 | 1.34 | 0.99 |
| Margem Bruta | 75.7% | 75.8% | 76.7% | 74.4% | 72.7% | 71.9% | 67.7% | 69.8% | 70.6% | 71.2% |
| Margem Operacional | -6.8% | -5.4% | -2.4% | -5.1% | -9.6% | -18.9% | -32.7% | -9.0% | 0.1% | 5.0% |
| Margem Líquida | -7.7% | -5.2% | -3.9% | -5.9% | -7.0% | -23.6% | -44.2% | -7.5% | -2.4% | 1.7% |