analyticsCommunications
Data as of Q2 2026
Summary Verdict
ZM: 4—RNG: 1wins
Rule of 40
43.9ZM
24.3RNG
check_circleZM leads
Revenue Growth
4.2%ZM
4.8%RNG
check_circleRNG leads
Gross Margin
77%ZM
71%RNG
check_circleZM leads
FCF Margin
39.7%ZM
19.5%RNG
check_circleZM leads
Operating Margin
24.4%ZM
5.1%RNG
check_circleZM leads
NRR
—ZM
—RNG
Metric
Rule of 40Efficiency score
ZM
43.9check_circle
RNG
24.3
Revenue GrowthYoY
ZM
4.2%
RNG
4.8%check_circle
Gross Margin% of revenue
ZM
77%check_circle
RNG
71%
FCF MarginFree cash flow
ZM
39.7%check_circle
RNG
19.5%
Operating MarginGAAP
ZM
24.4%check_circle
RNG
5.1%
NRRNet retention
ZM
N/A
RNG
N/A
EV / RevenueValuation multiple
ZM
5.8x
RNG
2.0xcheck_circle
Market CapUSD
ZM
$29.8Bcheck_circle
RNG
$3.8B
ARR GrowthYoY
ZM
N/A
RNG
N/A
CAC PaybackMonths to recover
ZM
N/A
RNG
N/A
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insights
Analysis
As of Q2 2026, Zoom Communications, Inc. trades at 5.8x EV/Revenue versus RingCentral, Inc. at 2.0x. On the Rule of 40, Zoom Communications, Inc. scores 43.9 compared to RingCentral, Inc.'s 24.3, placing Zoom Communications, Inc. ahead in operating efficiency. Gross margins stand at Zoom Communications, Inc. 77% vs RingCentral, Inc. 71%.
Sector Context
Both companies operate in the Communications sector. The median columns above show where each company stands relative to their peers.