RingCentral, Inc. Annual Amortization of Intangible Assets in USD from 2016 to 2023

Taxonomy & unit
us-gaap: USD
Description
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
Summary
RingCentral, Inc. quarterly/annual Amortization of Intangible Assets history and growth rate from 2016 to 2023.
  • RingCentral, Inc. Amortization of Intangible Assets for the quarter ending June 30, 2024 was $34.7M, a 7.47% decline year-over-year.
  • RingCentral, Inc. Amortization of Intangible Assets for the twelve months ending June 30, 2024 was $146M, a 9.54% decline year-over-year.
  • RingCentral, Inc. annual Amortization of Intangible Assets for 2023 was $151M, a 13.4% decline from 2022.
  • RingCentral, Inc. annual Amortization of Intangible Assets for 2022 was $175M, a 163% increase from 2021.
  • RingCentral, Inc. annual Amortization of Intangible Assets for 2021 was $66.4M, a 85.5% increase from 2020.
Amortization of Intangible Assets, Trailing 12 Months (USD)
Amortization of Intangible Assets, Annual (USD)
Amortization of Intangible Assets, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $151M -$23.4M -13.4% Jan 1, 2023 Dec 31, 2023 10-K 2024-02-22
2022 $175M +$108M +163% Jan 1, 2022 Dec 31, 2022 10-K 2024-02-22
2021 $66.4M +$30.6M +85.5% Jan 1, 2021 Dec 31, 2021 10-K 2024-02-22
2020 $35.8M +$25.1M +235% Jan 1, 2020 Dec 31, 2020 10-K 2023-02-23
2019 $10.7M +$6.3M +143% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-01
2018 $4.4M +$3.6M +450% Jan 1, 2018 Dec 31, 2018 10-K 2021-02-26
2017 $800K -$300K -27.3% Jan 1, 2017 Dec 31, 2017 10-K 2020-02-26
2016 $1.1M Jan 1, 2016 Dec 31, 2016 10-K 2019-02-27
* An asterisk sign (*) next to the value indicates that the value is likely invalid.