RingCentral, Inc. (RNG) Barclays 23rd Annual Global Technology Conference December 10, 2025 5:30 PM EST
Company Participants
Kira Makagon – President & COO
Devang Shah – Senior Vice President of Growth
Conference Call Participants
Eamon Coughlin – Barclays Bank PLC, Research Division
Presentation
Eamon Coughlin
Barclays Bank PLC, Research Division
Hi, everyone. Welcome to the 2025 Barclays TMT Conference. I’m Eamon Coughlin, software research analyst here at Barclays. Very happy to have Kira Makagon, President and Chief Operating Officer at RingCentral; and Devang Shah, SVP of Strategic Finance. Thanks for being here, guys.
Kira Makagon
President & COO
Good to be here.
Devang Shah
Senior Vice President of Growth
Great.
Question-and-Answer Session
Eamon Coughlin
Barclays Bank PLC, Research Division
I guess for those in the room or maybe are new to the RingCentral story, can you help us understand some of the key business trends that you’re seeing throughout 2025, maybe some of the key investment areas and maybe some of the bets you’re making for the long term?
Kira Makagon
President & COO
Yes. So RingCentral is a global communications provider. We are about $2.5 billion in revenue. And we have 500,000 customers of all sizes that use our products across our communication portfolio that includes UCaaS and CCaaS and our AI portfolio. We are profitable. We are throwing about $500 million worth of cash on an annual basis, expanding margin.
And it’s important to note that voice is mission-critical, and we sit at the very tippy top of that voice pyramid. And from there, all communications flow. And it’s mission-critical from business to communication — business-to-consumer communication. And that’s also important to note because it’s often UCaaS is thought of people to people within the company. And what we’re seeing is our platform, whether it’s UC or CC, is used for business to consumer.
