Zoom Communications, Inc.
84.89-0.28 (-0.33%)
Oct 28, 4:00:01 PM EDT · NasdaqGS · ZM · USD
Key Stats
Market Cap
25.41BP/E (TTM)
22.34Basic EPS (TTM)
3.80Dividend Yield
0%Recent Filings
10-Q
Q2 FY2026 results
Zoom Communications posted solid Q2 FY2026 results, with revenue climbing 4.7% year-over-year to $1.2B while gross margin expanded to 77.6% from 75.5%, fueled by lower hosting costs and stock-based compensation. Operating income surged 59% to $322M, and diluted EPS rose to $1.16 from $0.70, backed by 308M diluted shares. Enterprise revenue grew 7%, though net dollar expansion held at 98%; Americas drove 72% of sales. Cash and equivalents stood at $1.2B with $6.6B in marketable securities, and free cash flow hit $971M YTD (derived). No debt. Yet competition from bundled suites like Microsoft Teams intensifies.
8-K
Zoom Q2 revenue up 4.7%
Zoom Communications reported Q2 fiscal 2026 revenue of $1,217.2 million, up 4.7% year over year, with enterprise revenue surging 7.0% to $730.7 million while online lagged at 1.4%. GAAP operating margin expanded to 26.4%, boosted by lower expenses, and the company repurchased 6.0 million shares. It raised full-year guidance, projecting revenue of $4.825 billion to $4.835 billion and free cash flow of $1.74 billion to $1.78 billion. Enterprise customers grew 8.7%.
8-K
Director resigns; new accounting head
Zoom Communications announced board director Peter Gassner's resignation effective August 31, 2025, with no disagreements on operations or policies. The board immediately appointed Chief Accounting Officer Kimberly McGarry as principal accounting officer, replacing the CFO in that role. McGarry, with over 20 years in accounting, receives $425,000 base salary, 55% target bonus, and $4,000,000 in RSUs vesting over four years. This shift bolsters financial oversight amid leadership transitions.
8-K
Annual meeting results approved
Zoom Communications held its 2025 Annual Meeting on June 12, electing William R. McDermott, Michael Fenger, and Santiago Subotovsky as Class III directors with strong support—McDermott and Fenger each topping 505 million FOR votes, while Subotovsky garnered 432 million amid higher withholds. Stockholders overwhelmingly ratified KPMG LLP as auditors for the fiscal year ending January 31, 2026, with 575 million FOR votes. Say-on-pay approval passed handily at 431 million FOR, signaling board alignment. Votes reflect solid governance continuity.
10-Q
Q1 FY2026 results
Zoom's Q1 FY2026 revenue climbed 2.9% y/y to $1.17B, fueled by 5.9% Enterprise growth yet tempered by a 1.2% Online dip, while gross margin edged up to 76.3% on lower stock-based comp. Operating income rose 19.0% y/y to $241.6M, with net income jumping 17.7% to $254.6M and diluted EPS at $0.81 (reconciled to 312.8M shares). Cash from operations hit $489.3M, yielding $463.4M FCF after $25.9M capex, but dipped q/q amid tax payments; quarter-end cash and equivalents stood at $1.23B with $6.56B in marketable securities and no debt. Repurchased $418.0M in shares under its $2.7B program. Ongoing DOJ and SEC probes into privacy and China ties pose regulatory risks.
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