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Clarivate vs RingCentral: revenue, profit, margins and growth compared

Clarivate brought in $2.5B of revenue in fiscal 2025, RingCentral $2.5B in fiscal 2025. Revenue changed by -4.0% at Clarivate and +4.8% at RingCentral on the year before, so RingCentral grew faster. Clarivate kept -8.2% of its revenue as net profit, RingCentral 1.7%. Free cash flow was $365.3M at Clarivate and $587.3M at RingCentral.

Side by side, latest fiscal year

CLVTRNG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.5B$2.5B
Revenue growth-4.0%+4.8%
Net income-$201.1M$43.4M
Net margin-8.2%1.7%
Free cash flow$365.3M$587.3M
Free cash flow margin14.9%23.4%
Earnings per share (diluted)-$0.30$0.48
Cash$329.2M$132.6M
Debt$4.4B$1.3B
Price to earningsn/a158.7
Market value$1.1B$6.4B
Dividend yieldn/an/a
Rank by revenue in sector#137 of 530 · Technology#135 of 530 · Technology

Over the years

Revenue
CLVT FY2018: $968.5MCLVT FY2019: $974.3MCLVT FY2020: $1.3BCLVT FY2021: $1.9BCLVT FY2022: $2.7BCLVT FY2023: $2.6BCLVT FY2024: $2.6BCLVT FY2025: $2.5BRNG FY2018: $673.6MRNG FY2019: $902.9MRNG FY2020: $1.2BRNG FY2021: $1.6BRNG FY2022: $2BRNG FY2023: $2.2BRNG FY2024: $2.4BRNG FY2025: $2.5BFY18FY19FY20FY21FY22FY23FY24FY25
CLVT $2.5BRNG $2.5B
Net income
CLVT FY2018: -$242.2MCLVT FY2019: -$258.6MCLVT FY2020: -$350.6MCLVT FY2021: -$270.5MCLVT FY2022: -$4BCLVT FY2023: -$911.2MCLVT FY2024: -$636.7MCLVT FY2025: -$201.1MRNG FY2018: -$26.2MRNG FY2019: -$53.6MRNG FY2020: -$83MRNG FY2021: -$376.3MRNG FY2022: -$879.2MRNG FY2023: -$165.2MRNG FY2024: -$58.3MRNG FY2025: $43.4MFY18FY19FY20FY21FY22FY23FY24FY25
CLVT -$201.1MRNG $43.4M
Net margin
CLVT FY2018: -25.0%CLVT FY2019: -26.5%CLVT FY2020: -28.0%CLVT FY2021: -14.4%CLVT FY2022: -148.9%CLVT FY2023: -34.7%CLVT FY2024: -24.9%CLVT FY2025: -8.2%RNG FY2018: -3.9%RNG FY2019: -5.9%RNG FY2020: -7.0%RNG FY2021: -23.6%RNG FY2022: -44.2%RNG FY2023: -7.5%RNG FY2024: -2.4%RNG FY2025: 1.7%FY18FY19FY20FY21FY22FY23FY24FY25
CLVT -8.2%RNG 1.7%
Revenue growth
CLVT FY2019: +0.6%CLVT FY2020: +28.7%CLVT FY2021: +49.7%CLVT FY2022: +41.7%CLVT FY2023: -1.2%CLVT FY2024: -2.7%CLVT FY2025: -4.0%RNG FY2019: +34.0%RNG FY2020: +31.1%RNG FY2021: +34.7%RNG FY2022: +24.7%RNG FY2023: +10.8%RNG FY2024: +9.0%RNG FY2025: +4.8%FY19FY20FY21FY22FY23FY24FY25
CLVT -4.0%RNG +4.8%
Free cash flow
CLVT FY2018: -$71.5MCLVT FY2019: $47.7MCLVT FY2020: $155.8MCLVT FY2021: $205.3MCLVT FY2022: $306.4MCLVT FY2023: $501.7MCLVT FY2024: $357.5MCLVT FY2025: $365.3MRNG FY2018: $45MRNG FY2019: $37.1MRNG FY2020: -$78.8MRNG FY2021: $123.2MRNG FY2022: $158.6MRNG FY2023: $376.1MRNG FY2024: $458.3MRNG FY2025: $587.3MFY18FY19FY20FY21FY22FY23FY24FY25
CLVT $365.3MRNG $587.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Clarivate and RingCentral

Which is bigger by revenue, Clarivate or RingCentral?

RingCentral is bigger by revenue: $2.5B in fiscal 2025, against $2.5B for Clarivate in fiscal 2025.

Which keeps more of its revenue as profit, Clarivate or RingCentral?

Clarivate had a net margin of -8.2% in fiscal 2025; RingCentral had 1.7% in fiscal 2025.

Which grew revenue faster, Clarivate or RingCentral?

In their latest fiscal years revenue changed by -4.0% at Clarivate and +4.8% at RingCentral.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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