Press release
Zoom Communications Reports Financial Results for the First Quarter of Fiscal Year 2026
First quarter total revenue of $1,174.7 million, up 2.9% year over year as reported and 3.4% in constant currencyFirst quarter Enterprise revenue of $704.7
About this update from Zoom Communications, Inc.
[{"type":"text","content":"First quarter total revenue of $1,174.7 million, up 2.9% year over year as reported and 3.4% in constant currencyFirst quarter Enterprise revenue of $704.7 million, up 5.9% year over yearFirst quarter GAAP operating margin of 20.6% and non-GAAP operating margin of 39.8%First quarter GAAP EPS of $0.81, up 18.7% year over year, and non-GAAP EPS of $1.43, up 6.0% year over yearNumber of customers contributing more than $100,000 in trailing 12 months revenue up 8.0% year over yearRepurchased approximately 5.6 million shares of common stock in Q1, up from 4.3 million shares in Q4 SAN JOSE, Calif., May 21, 2025 (GLOBE NEWSWIRE) -- Zoom Communications, Inc. (NASDAQ: ZM), today announced financial results for the first fiscal quarter ended April 30, 2025. “We delivered another solid quarter, exceeding guidance in both revenue and profitability — a testament to the strength of our platform and AI-first innovation,” said Eric S. Yuan, Zoom’s founder and CEO. “In an uncertain macro-economic environment, customers are turning to Zoom to drive efficiency, improve customer and employee experiences, and future-proof their businesses. We saw continued momentum in Zoom Customer Experience, Zoom Revenue Accelerator, and Workvivo as customers look to elevate CX, reinvigorate sales, and strengthen culture. In Q1, we launched multiple new products, maintained strong operational discipline, and accelerated our share repurchase activity, reinforcing our commitment to shareholder value.” First Quarter Fiscal Year 2026 Financial Highlights: Revenue: Total revenue for the first quarter was $1,174.7 million, up 2.9% year over year. Adjusting for foreign currency impact, revenue in constant currency was $1,179.5 million, up 3.4% year over year. Enterprise revenue was $704.7 million, up 5.9% year over year, and Online revenue was $470.0 million, down 1.2% year over year.Income from Operations and Operating Margin: GAAP income from operations for the first quarter was $241.6 million, compared to GAAP income from operations of $203.0 million in the first quarter of fiscal year 2025. Non-GAAP income from operations, which adjusts for stock-based compensation expense and related payroll taxes, and acquisition-related expenses, was $467.3 million for the first quarter, compared to non-GAAP income from operations of $456.6 million in the first quarter of fiscal y...