RingCentral reports record cash flow and beats Q2 earnings expectations

RingCentral announced second‑quarter 2026 results that exceeded the high end of its guidance. Revenue reached $657 million, up 5.9% year over year, with subscription revenue of approximately $634 million. Adjusted earnings were $1.22 per share, surpassing the Wall Street average estimate of $1.17, while headline profit was 45 cents per share.

The company generated $180 million of free cash flow, a 25% increase from the prior year, and raised its quarterly dividend. Non‑GAAP operating margin rose to 23.4% and GAAP margin improved to 7.7%, reflecting stronger profitability and lower stock‑based compensation as a share of revenue. Management highlighted growing adoption of its AI‑driven communication tools and reaffirmed guidance for the fiscal third quarter and full‑year earnings.