For the quarter ended March 2026, RingCentral (RNG Quick QuoteRNG - Free Report) reported revenue of $644.2 million, up 5.3% over the same period last year. EPS came in at $1.20, compared to $1.00 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $642.81 million, representing a surprise of +0.22%. The company delivered an EPS surprise of +2.92%, with the consensus EPS estimate being $1.17.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how RingCentral performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Gross Margin - Non-GAAP Subscriptions: 80.8% versus the four-analyst average estimate of 80.5%.
• Gross Margin - Non-GAAP Other: -15.6% versus -8.8% estimated by four analysts on average.
• Annualized Exit Monthly Recurring Subscriptions (ARR): $2.71 billion versus $2.67 billion estimated by three analysts on average.
• Revenues- Subscriptions: $623.17 million versus the four-analyst average estimate of $622.97 million. The reported number represents a year-over-year change of +5.6%.
• Revenues- Other: $21.03 million compared to the $19.85 million average estimate based on four analysts. The reported number represents a change of -4.2% year over year.

View all Key Company Metrics for RingCentral here>>>

Shares of RingCentral have returned +22% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.