Company: ZM
Filing Date: 2025-11-25
Form Type: 10-Q
Source: 0001585521-25-000202
Chunk: 243

Company: Zoom Communications, Inc.
Filing Date: 2025-11-25
Form: 10-Q
Item: Part I, Item 1
Chunk 243
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 Class B shares authorized as of October 31, 2025 and January 31, 2025; 30,678,509 and 42,626,998 shares issued and outstanding as of October 31, 2025 and January 31, 2025, respectively296 305 Additional paid-in capital4,250,595 5,130,271 Accumulated other comprehensive income10,363 4,990 Retained earnings5,025,586 3,799,518 Total stockholders’ equity9,286,840 8,935,084 Total liabilities and stockholders’ equity$11,390,811 $10,988,421      

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

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Table of Contents

ZOOM COMMUNICATIONS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except share and per share data)

(unaudited)

Three Months Ended October 31,Nine Months Ended October 31,2025202420252024Revenue$1,229,835 $1,177,541 $3,621,777 $3,481,295 Cost of revenue271,770 283,881 823,337 842,272 Gross profit958,065 893,660 2,798,440 2,639,023 Operating expenses:Research and development210,097 222,980 621,960 635,294 Sales and marketing342,814 361,703 1,028,779 1,068,481 General and administrative94,740 126,137 273,960 347,016 Total operating expenses647,651 710,820 1,924,699 2,050,791 Income from operations310,414 182,840 873,741 588,232 Gains on strategic investments, net406,060 6,324 437,497 26,785 Other income, net78,235 91,248 247,398 250,248 Income before provision for income taxes794,709 280,412 1,558,636 865,265 Provision for income taxes181,836 73,362 332,568 222,892 Net income612,873 207,050 1,226,068 642,373 Net income