EL7.AI
StocksMedium•22 October 2026•
3 min read

RingCentral EPS hits $1.33, beats estimates as annual guidance rises

Key Facts

1Adjusted earnings per share were $1.33 versus expectations of $1.28, a beat of $0.05.
2Quarterly revenue totaled $676 million versus $639 million a year earlier, up 5.9%.
3Annual adjusted earnings-per-share guidance now stands at $5.07 to $5.12 versus consensus of $5.03.
4The company raised its annual free cash flow target to a range of $620 million to $630 million.
5RingCentral shares rose 10% following the results, according to Investing's coverage.

RingCentral reported adjusted earnings of $1.33 per share in the third quarter of 2026, beating analyst expectations, according to Investing's coverage of the company's results on October 22. Analysts had estimated earnings of $1.28 per share, putting the actual result $0.05 above forecasts. The results cover the fiscal period ended September 30, which the company had scheduled to report after the market close. Adjusted earnings also exceeded the upper end of the range the company set for the quarter when it announced second-quarter results. RingCentral had targeted adjusted earnings of between $1.25 and $1.30 per share, with the quarterly result subsequently exceeding both its own forecasts and analyst estimates.

Third-quarter revenue totaled $676 million, according to Investing's coverage, compared with $639 million in the same period of 2025. Total revenue therefore grew 5.9% year on year. Revenue also exceeded the previous guidance range RingCentral announced alongside its second-quarter results this year. In that statement, the company said it was targeting "total revenue of between $664 million and $670 million" for the third quarter. The result paired a beat on the adjusted earnings target with revenue above the upper end of management's target for the same period, alongside higher sales compared with the corresponding quarter a year earlier.

With the results announcement, adjusted earnings-per-share guidance for fiscal 2026 stood at $5.07 to $5.12, according to Investing. That compares with analyst consensus of $5.03 per share, meaning the lower end of the new guidance exceeds their full-year estimates. Annual guidance issued alongside second-quarter results had targeted adjusted earnings of between $4.96 and $5.10 per share. The new range raises both the lower and upper ends of the annual earnings target compared with the company's previous statement. For annual revenue, RingCentral had raised its target range for the same fiscal year to between $2.635 billion and $2.646 billion in its second-quarter statement.

The latest earnings results follow a year-on-year increase in adjusted earnings per share in the second quarter of 2026. According to RingCentral's statement for that period, adjusted earnings were $1.22 per share. The company compared that level with earnings of $1.06 per share in the second quarter of 2025, while the third-quarter result also exceeded the previous quarter's level. On cash generation, the company said in its second-quarter statement that free cash flow totaled $180 million. It described the measure as having risen "24.8% year on year," with the improvement in adjusted earnings during that period accompanied by growth in free cash flow from a year earlier.

In the market reaction, Investing's coverage published on October 22 said RingCentral shares rose 10% following the earnings report. The gain came as quarterly earnings beat analyst estimates and the company raised its annual adjusted earnings-per-share guidance range. The outlook revision also included free cash flow, with the company raising its target range for the measure, according to the website. The free cash flow target for fiscal 2026 now stands at $620 million to $630 million. RingCentral had scheduled its third-quarter earnings call for October 22 at 5:00 p.m. Eastern time, following the scheduled release of results after the market close.