RingCentral, Inc. Earnings Recaps
Q3 2025
Nov 4, 2025
RingCentral delivered solid performance in Q3 2025, with subscription revenue growing 6% year-over-year, driven by a successful integration of AI-driven products and a robust core voice platform.
Key takeaways
- Subscription revenue increased 6% YOY, reflecting sustained momentum in core business and AI-led solutions.
- AI-driven ARR is showing strong double-digit growth, contributing significantly to overall annual recurring revenue.
- Over half of RingCentral's revenue comes from key verticals such as healthcare and financial services, with voice usage on the platform growing in double digits.
- New product offerings, including RingCX and various AI agents (AIR, AVA, ACE), are gaining traction and expected to surpass $100 million in ARR by the end of 2025.
- Expanded partnerships, particularly with AT&T, are enhancing market reach and accelerating adoption of AI-led products.