Company / Working Capital
RingCentral, Inc. Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$453.5M
FY2025
5-year range
-$453.5M / $216.1M
FY2021-FY2025
Trend
-470.7%
vs FY2024
Sector context
#298 of 311
Information Technology
What the data says
Working Capital changed -471% YoY in FY2025, a notable deviation from the 9-year average annual change of -18%.
Based on SEC 10-K filings.
-$453M in FY2025.
Declined from $216M to -$453M over the past 2 years.
Information Technology sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 4% in Information TechnologyTop 96% of 311This company -$453.5M Sector average $1.7B
▼
-126.4% below sector average
Key checks
Key Insights
- In FY2025, working capital decreased 470.7% year-over-year.
- Ranks #298 out of 311 companies in the Information Technology sector.
- Peak working capital was recorded in FY2018.
Company context
Key Data Points
- High Piotroski F-Score: 8/9 (strong financial health signals)
- Altman Z-Score 0.63 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$453.5M | -470.7% |
| FY2024 | $122.3M | -43.4% |
| FY2023 | $216.1M | +50.6% |
| FY2022 | $143.5M | +15.3% |
| FY2021 | $124.5M | -74.5% |
| FY2020 | $488.1M | +91.5% |
| FY2019 | $254.8M | -49.9% |
| FY2018 | $508.2M | +264.0% |
| FY2017 | $139.6M | +55.3% |
| FY2016 | $89.9M | -0.6% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026