Zoom Communications Inc. (ZM) income statement
NASDAQ · Technology · Software - Application · 7,438 employees · CEO Eric S. Yuan
- Price
- $95.50 -2.21%
- Market cap
- $27.9B
- Enterprise value
- $27B
- Last report
- Q2 '27 filed 2026-08-26
- Next report
- 2026-11-23 EPS est. $1.49
Zoom Communications Inc. (ZM) reported revenue of $1.28B for Q2 '27 (+4.9% year on year), operating income of $314M (24.6% of revenue) and net income of $1.54B. Over the last four quarters revenue was $4.99B.
Income statement
| Income statement | Trend | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 | Q2 '27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.14B | $1.15B | $1.14B | $1.16B | $1.18B | $1.18B | $1.17B | $1.22B | $1.23B | $1.25B | $1.24B | $1.28B | |
| Cost of revenue | $271M | $276M | $273M | $285M | $284M | $287M | $278M | $273M | $272M | $296M | $274M | $292M | |
| Gross profit | $866M | $870M | $868M | $877M | $894M | $897M | $896M | $944M | $958M | $951M | $965M | $985M | |
| Research & development | $197M | $205M | $206M | $207M | $223M | $217M | $205M | $206M | $210M | $223M | $228M | $242M | |
| Sales & marketing | $374M | $371M | $348M | $359M | $362M | $359M | $347M | $339M | $343M | $360M | $330M | $331M | |
| General & administrative | $125M | $125M | $111M | $110M | $126M | $95.7M | $102M | $76.9M | $94.7M | $119M | $96.3M | $98.2M | |
| Operating expenses | $696M | $702M | $665M | $675M | $711M | $672M | $655M | $622M | $648M | $701M | $654M | $671M | |
| Operating income | $169M | $169M | $203M | $202M | $183M | $225M | $242M | $322M | $310M | $250M | $310M | $314M | |
| Other non-operating income (gains on investments, FX ...) | -$16.4M | -$184M | -$88.9M | -$90.5M | -$97.6M | -$225M | -$74.2M | -$126M | -$484M | -$614M | -$221M | -$1.68B | |
| Total non-operating income | $16.4M | $184M | $88.9M | $90.5M | $97.6M | $225M | $74.2M | $126M | $484M | $614M | $221M | $1.68B | |
| Income before tax | $186M | $353M | $292M | $293M | $280M | $450M | $316M | $448M | $795M | $864M | $532M | $1.99B | |
| Income tax | $44.6M | $54.1M | $75.7M | $73.9M | $73.4M | $82.5M | $61.2M | $89.6M | $182M | $190M | $106M | $453M | |
| Net income | $141M | $299M | $216M | $219M | $207M | $368M | $255M | $359M | $613M | $674M | $426M | $1.54B | |
| EPS (basic) | $0.47 | $0.98 | $0.70 | $0.71 | $0.67 | $1.20 | $0.84 | $1.19 | $2.03 | $2.27 | $1.45 | $5.25 | |
| EPS (diluted) | $0.46 | $0.95 | $0.69 | $0.70 | $0.66 | $1.16 | $0.81 | $1.16 | $2.00 | $2.22 | $1.42 | $5.14 | |
| Shares (basic, weighted) | 302M | 306M | 309M | 309M | 308M | 307M | 305M | 302M | 302M | 296M | 294M | 294M | |
| Shares (diluted, weighted) | 310M | 313M | 315M | 314M | 314M | 317M | 313M | 308M | 309M | 303M | 300M | 300M | |
| Depreciation & amortization | $27M | $27.3M | $26.7M | $29.1M | $32.3M | $34.6M | $35.3M | $32.2M | $32.4M | $33M | $50.2M | $32.3M | |
| EBITDA | $213M | $380M | $319M | $322M | $313M | $485M | $351M | $480M | $827M | $897M | $582M | $2.03B |
| Income statement | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $60.8M | $151M | $331M | $623M | $2.65B | $4.1B | $4.39B | $4.53B | $4.67B | $4.87B | |
| Cost of revenue | $12.5M | $30.8M | $61M | $115M | $822M | $1.05B | $1.1B | $1.08B | $1.13B | $1.12B | |
| Gross profit | $48.3M | $121M | $270M | $507M | $1.83B | $3.05B | $3.29B | $3.45B | $3.54B | $3.75B | |
| Research & development | $9.22M | $15.7M | $33M | $67.1M | $164M | $363M | $774M | $803M | $852M | $845M | |
| Sales & marketing | $31.6M | $82.7M | $186M | $341M | $685M | $1.14B | $1.7B | $1.54B | $1.43B | $1.39B | |
| General & administrative | $7.55M | $27.1M | $44.5M | $86.8M | $321M | $483M | $576M | $580M | $443M | $393M | |
| Other operating expenses | $60K | $74K | $345K | $0 | $0 | -$5.72M | $0 | $0 | $0 | $0 | |
| Operating expenses | $48.3M | $126M | $263M | $495M | $1.17B | $1.98B | $3.05B | $2.92B | $2.72B | $2.63B | |
| Operating income | $0 | -$4.83M | $6.17M | $12.7M | $660M | $1.06B | $245M | $525M | $813M | $1.12B | |
| Interest income | $98K | $1.32M | $2.18M | $13.7M | $18.2M | $0 | $0 | $0 | $0 | $0 | |
| Other non-operating income (gains on investments, FX ...) | $0 | $0 | $0 | $0 | $0 | -$38M | -$3.85M | -$307M | -$502M | -$1.3B | |
| Total non-operating income | $158K | $1.32M | $2.18M | $13.7M | $18.2M | $38M | $3.85M | $307M | $502M | $1.3B | |
| Income before tax | $158K | -$3.52M | $8.35M | $26.4M | $678M | $1.1B | $249M | $832M | $1.32B | $2.42B | |
| Income tax | $172K | $304K | $765K | $1.06M | $5.72M | -$274M | $146M | $195M | $305M | $522M | |
| Net income | -$14K | -$3.82M | $7.58M | $25.3M | $672M | $1.38B | $104M | $637M | $1.01B | $1.9B | |
| EPS (basic) | -$0.00 | -$0.02 | $0.03 | $0.09 | $2.37 | $4.64 | $0.35 | $2.12 | $3.28 | $6.32 | |
| EPS (diluted) | -$0.00 | -$0.01 | $0.03 | $0.09 | $2.25 | $4.50 | $0.34 | $2.07 | $3.21 | $6.18 | |
| Shares (basic, weighted) | 237M | 237M | 269M | 234M | 284M | 296M | 297M | 301M | 308M | 301M | |
| Shares (diluted, weighted) | 269M | 269M | 269M | 254M | 298M | 306M | 304M | 309M | 315M | 307M | |
| Depreciation & amortization | $1.22M | $2.79M | $7.01M | $16.4M | $28.9M | $48.2M | $82.3M | $104M | $123M | $133M | |
| EBITDA | $1.22M | -$2.05M | $13.2M | $29.1M | $689M | $1.15B | $332M | $937M | $1.44B | $2.56B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-07-31, 10-Q 2026-04-30, 10-K 2026-01-31, 10-Q 2025-10-31, 10-Q 2025-07-31, 10-Q 2025-04-30, 10-K 2025-01-31, 10-Q 2024-10-31, 10-Q 2024-07-31
Data as of 2026-11-02