Company: ZM
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001585521-25-000042
Chunk: 155

Company: Zoom Communications, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 155
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 54,885 43,981 Furniture and fixtures 5,767 5,192 Property and equipment, gross658,596 530,021 Less: accumulated depreciation and amortization(328,121)(236,317)Property and equipment, net$330,475 $293,704 Depreciation and amortization expense was $109.1 million, $91.9 million, and $77.0 million for the fiscal years ended January 31, 2025, 2024, and 2023, respectively.

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Other Assets, NoncurrentOther assets, noncurrent consisted of the following:As of January 31,20252024(in thousands)Accounts receivable, noncurrent$19,266 $26,099 Intangible assets subject to amortization, net33,410 46,935 Indefinite-lived intangible assets25,239 25,239 Prepaid expense, noncurrent52,156 23,351 Income tax receivable, noncurrent12,230 — Other11,772 11,853 Other assets, noncurrent$154,073 $133,477 Accrued Expenses and Other Current LiabilitiesAccrued expenses and other current liabilities consisted of the following:As of January 31,20252024(in thousands)Accrued expenses$200,416 $173,993 Accrued compensation and benefits193,110 185,128 Income tax liabilities18,815 21,880 Sales and other non-income tax liabilities41,755 35,460 Customer deposit liabilities47,312 40,142 Operating lease liabilities, current27,026 24,645 Other30,128 18,916 Accrued expenses and other current liabilities$558,562 $500,164 Other Liabilities, NoncurrentOther liabilities, noncurrent consisted of the following:As of January 31,20252024(in thousands)Sales and other non-income tax liabilities$41,517 $42,254 Long-term income tax liabilities49,449 33,864 Other4,397 5,260 Other liabilities, noncurrent$95,363 $81,378 

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7.    Operating Leases

We have entered into various operating lease agreements for office space, with remaining contractual periods of up to five years. We also enter into equipment operating