Company: ZM
Filing Date: 2025-08-22
Form Type: 10-Q
Source: 0001585521-25-000141
Chunk: 303

Company: Zoom Communications, Inc.
Filing Date: 2025-08-22
Form: 10-Q
Item: Part I, Item 8
Chunk 303
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— 14,850,761 — 1,826,669 — 12,596,651 — Purchase rights committed under the ESPP381,788 — 2,436,546 — 296,776 — 1,738,415 — Outstanding stock options87,993 — 96,890 — 89,815 — 99,622 — Total1,860,544 — 17,384,197 — 2,213,260 — 14,434,688 — The table above does not include 405,156 shares of issued Class A common stock held by us as of July 31, 2025 and 2024 that are reserved for the sole purpose of being transferred to nonprofit organizations.

10.    Segment information

Our CEO is the Chief Operating Decision Maker (“CODM”) of the Company. The Company manages the business activities on a consolidated basis and all information provided to and reviewed by our CODM is compiled at the consolidated entity level. Therefore, we have only one operating and reportable segment. The description of the types of products and services from which the reportable segment derives its revenue is the same as those described in the Summary of Business and Significant Accounting Policies.The measure of segment profit or loss that our CODM uses to allocate resources and assess performance is our consolidated net income. The CODM uses net income to monitor results and to decide whether to reinvest profits. Our CODM does not assess segment performance or make decisions using asset or liability information.The following table summarizes the significant segment expenses regularly provided to the CODM as well as other segment items:

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Three Months Ended July 31, Six Months Ended July 31, 2025202420252024(in thousands)Revenue$1,217,227 $1,162,520 $2,391,942 $2,303,754 Adjusted cost of revenue (1)245,413 249,315 490,044 485,453 Adjusted research and development (1)133,797 120,650 260,876 237,370 Adjusted sales and marketing (1)271,648 271,199 543,447 535,781 Adjusted general and administrative (1)63,143 65,814 127,023 133,011 Stock-based compensation expense188,699 237,950 390,268 467,375