Company: ZM
Filing Date: 2025-05-23
Form Type: 10-Q
Source: 0001585521-25-000090
Chunk: 244

Company: Zoom Communications, Inc.
Filing Date: 2025-05-23
Form: 10-Q
Item: Part I, Item 1
Chunk 244
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$8,019,406 Issuance of common stock upon exercise of stock options109,464 — 1,016 — — 1,016 Issuance of common stock upon release of restricted stock units4,001,172 4 (4)— — — Repurchases of common stock(2,400,305)(2)(150,046)— — (150,048)Stock-based compensation expense— — 230,695 — — 230,695 Other comprehensive loss— — — (18,553)— (18,553)Net income— — — — 216,308 216,308 Balance as of April 30, 2024309,268,684 $309 $5,310,417 $(17,490)$3,005,588 $8,298,824 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

9

ZOOM COMMUNICATIONS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands)

(unaudited)Three Months Ended April 30,20252024Cash flows from operating activities:Net income$254,603 $216,308 Adjustments to reconcile net income to net cash provided by operating activities:Stock-based compensation expense201,569 229,425 Amortization of deferred contract acquisition costs69,557 68,125 Depreciation and amortization35,316 26,667 Deferred income taxes(24,690)(7,952)Losses (gains) on strategic investments, net13,619 (17,354)Provision for accounts receivable allowances5,855 6,782 Unrealized foreign exchange (gains) losses(7,626)7,237 Non-cash operating lease cost6,108 5,368 Amortization of discount/premium on marketable securities(12,845)(17,668)Other4,142 98 Changes in operating assets and liabilities:Accounts receivable12,485 12,260 Prepaid expenses and other assets(12,293)35,839 Deferred contract acquisition costs(48,148)(40,128)Accounts payable7,252 7,276 Accrued expenses and other liabilities(80,383)(14,942)Deferred revenue72,141 77