RingCentral (BSP:R2NG34) Research & Development: R$1,709 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:R2NG34 RingCentral Inc BSP:R2NG34
72 GF Score
Price R$8.31
GF Value R$7.64
! 6 Warning Signs
View Full Analysis

What is RingCentral Research & Development?

RingCentral BSP:R2NG34 72 Research & Development is R$1,709 Mil as of Mar. 2026. GuruFocus rates BSP:R2NG34 with a GF Score™ of 72/100 and a GF Value™ of R$7.64. The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. RingCentral's Research & Development for the three months ended in Mar. 2026 was R$427 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was R$1,709 Mil.

RingCentral  (BSP:R2NG34) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

RingCentral Research & Development Related Terms

RingCentral Research & Development Historical Data

* Premium members only.

The historical data trend for RingCentral's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

RingCentral Research & Development Chart

RingCentral Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,751.54 1,900.18 1,645.60 2,009.20 1,729.42

RingCentral Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 472.07 430.02 428.55 423.16 427.33
BSP:R2NG34
72GF Score
RingCentral Inc BSP:R2NG34
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RingCentral Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$1,709 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of R$1,709 Mil mean?
RingCentral (BSP:R2NG34) has a Research & Development of R$1,709 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on RingCentral and its competitors.
Is RingCentral's Research & Development too high?
RingCentral's current Research & Development is R$1,709 Mil. Overall, RingCentral has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does RingCentral's Research & Development compare to NATL and QTWO?
RingCentral's Research & Development of R$1,709 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on RingCentral and its competitors. RingCentral's current Research & Development is R$1,709 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RingCentral stock overvalued right now?
RingCentral (BSP:R2NG34) has a current Research & Development of R$1,709 Mil. The stock's GF Value™ is R$7.64, compared to a current price of R$8.31 — trading 8.8% above its estimated fair value. The current Research & Development is R$1,709 Mil. RingCentral's overall GF Score™ is 72/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For RingCentral (BSP:R2NG34), the current Research & Development is R$1,709 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is RingCentral (BSP:R2NG34) Overvalued in 2026?

Based on GuruFocus' analysis, RingCentral stock appears to be overvalued. The current stock price of R$8.31 is trading 8.8% above its estimated GF Value™ of R$7.64.

Key valuation signals for BSP:R2NG34:

  • Research & Development: R$1,709 Mil
  • GF Value™: R$7.64 vs. price of R$8.31 (8.8% above fair value)
  • GF Score™: 72/100 with 6 warning signs

No single metric tells the full story. See the BSP:R2NG34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

RingCentral Business Description

Address 20 Davis Drive, Belmont, CA, USA, 94002
RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and collaborate via voice, video, and messaging across all device types and all from one platform. RingCentral helps customers modernize and move from legacy on-premises systems to modern, cloud-based systems. Beyond its core RingCentral MVP solution, RingCentral also offers a cloud-based contact center solution, a stand-alone video meetings solution, and webinars.
72GF Score

Get the complete analysis for BSP:R2NG34

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$8.31
Price
R$7.64
GF Value