RingCentral Declares First-Ever Dividend of $0.075 Per Share
RingCentral, Inc. (NYSE: RNG), a cloud-based business communications platform provider, initiated its first quarterly cash dividend program at $0.075 per share. The board approved the inaugural payout following a year of record free cash flow performance.
RingCentral, Inc. (NYSE: RNG), a cloud-based business communications platform provider, declared its first-ever quarterly cash dividend of $0.075 per share on February 19, 2026. The board approved the dividend alongside the company's fourth quarter earnings announcement. Read more dividend announcements.
Shareholders of record as of March 9, 2026 will receive payment on March 16, 2026. The company said it intends to pay dividends quarterly going forward, subject to market conditions and board approval.
| Dividend Details | Information |
|---|---|
| Amount | $0.075 per share |
| Frequency | Quarterly |
| Record Date | March 9, 2026 |
| Payment Date | March 16, 2026 |
The dividend initiation came as RingCentral reported full-year 2025 revenue of $2.5 billion, up 5% from the prior year. Operating cash flow reached $617 million, a 28% increase year-over-year, while free cash flow climbed 32% to $530 million.
"We're confident in the future of our business, and are excited to initiate our first ever dividend while increasing our share repurchase authorization to $500 million," said Vlad Shmunis, founder and CEO. The company expanded its share repurchase program from a previous authorization as part of its capital return strategy.
For the fourth quarter ended December 31, 2025, RingCentral generated $644 million in revenue and achieved GAAP operating margin of 6.6%, compared to 2.5% in the prior year. The company repurchased approximately 5 million shares for $135 million during the quarter.
CFO Vaibhav Agarwal said the company expanded GAAP operating margin to 4.8% for the full year and non-GAAP operating margin to 22.5%. RingCentral reduced net leverage to 1.7 times and achieved GAAP operating profitability for the first time. The company targets 20% GAAP operating margins over the next three to four years while continuing to reduce stock-based compensation.
RingCentral reported that annual recurring revenue from customers using at least one monetized AI product more than doubled year-over-year and now approaches 10% of total ARR. The company invests over $250 million annually in innovation and operates a cloud-native, real-time communications platform.