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Revenue
9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue
Note 2. Revenue
The Company derives its revenues primarily from subscriptions, sale of products, and professional services. Revenues are recognized when control of these services is transferred to the customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those services.
Disaggregation of revenue
The following table provides information about disaggregated revenue by primary geographical markets:
Three Months Ended
September 30,
Nine Months Ended
September 30,
 2022202120222021
Primary geographical markets    
North America90 %88 %90 %88 %
Others10 12 10 12 
Total revenues100 %100 %100 %100 %
The Company derived over 90% of subscriptions revenues from RingCentral MVP and RingCentral customer engagement solutions products for each of the three and nine months ended September 30, 2022 and 2021. For the three and
nine months ended September 30, 2022 and 2021, RingCentral customer engagement solutions represented over 10% of total revenues.
Deferred revenue
During the three and nine months ended September 30, 2022, the Company recognized revenue of $20.5 million and $163.6 million, respectively, that was included in the corresponding deferred revenue balance at the beginning of the year.
Remaining performance obligations
The typical subscription contract term ranges from one month to five years. Contract revenue as of September 30, 2022 that has not yet been recognized was approximately $2.0 billion. This excludes contracts with an original expected length of less than one year. Of these remaining performance obligations, the Company expects to recognize revenue of 54% of this balance over the next 12 months and 46% thereafter.
Other revenues
Other revenues are primarily comprised of product revenue from the sale of pre-configured phones and professional services. Product revenues from the sale of pre-configured phones were $12.6 million and $12.9 million for the three months ended September 30, 2022 and 2021, respectively, and $35.2 million and $37.1 million for the nine months ended September 30, 2022 and 2021, respectively.