RingCentral vs Toast: revenue, profit, margins and growth compared
RingCentral brought in $2.5B of revenue in fiscal 2025, Toast $6.2B in fiscal 2025. Revenue changed by +4.8% at RingCentral and +24.1% at Toast on the year before, so Toast grew faster. RingCentral kept 1.7% of its revenue as net profit, Toast 5.6%. Free cash flow was $587.3M at RingCentral and $608M at Toast.
Fiscal years as each company reports them; the two may end in different months.
Questions about RingCentral and Toast
Which is bigger by revenue, RingCentral or Toast?
Toast is bigger by revenue: $6.2B in fiscal 2025, against $2.5B for RingCentral in fiscal 2025.
Which keeps more of its revenue as profit, RingCentral or Toast?
RingCentral had a net margin of 1.7% in fiscal 2025; Toast had 5.6% in fiscal 2025.
Which grew revenue faster, RingCentral or Toast?
In their latest fiscal years revenue changed by +4.8% at RingCentral and +24.1% at Toast.
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.