Company: ZM
Filing Date: 2025-08-22
Form Type: 10-Q
Source: 0001585521-25-000141
Chunk: 304

Company: Zoom Communications, Inc.
Filing Date: 2025-08-22
Form: 10-Q
Item: Part I, Item 8
Chunk 304
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Interest income(81,159)(88,260)(162,940)(166,248)Other segment items (2)(52,476)12,963 (20,703)26,159 Provision for income taxes89,570 73,874 150,732 149,530 Segment net income358,592 219,015 613,195 435,323 Adjustments and reconciling items— — — — Consolidated net income$358,592 $219,015 $613,195 $435,323 (1)  Excludes stock-based compensation expense and related payroll taxes, acquisition-related expenses, and litigation settlements, net(2) Includes stock-based compensation related payroll taxes, acquisition-related expenses, litigation settlements, net, gains on strategic investments, net, and other income, net excluding interest income

11.    Subsequent Events

We have evaluated subsequent events from the balance sheet date through August 22, 2025, the date at which the condensed consolidated financial statements were available to be issued.Subsequent to July 31, 2025, we recognized an unrealized gain of approximately $400.0 million on our strategic investments related to an equity investment in a private company. The unrealized gain reflects an increase in the fair value measurement of our investment following an observable transaction in August 2025.

Item 2.    MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

You should read the following discussion and analysis of our financial condition and results of operations together with the unaudited condensed consolidated financial statements and related notes included elsewhere in this Quarterly Report on Form 10-Q. This discussion contains forward-looking statements based upon current expectations that involve risks and uncertainties. Our actual results may differ materially from those anticipated in these forward-looking statements as a result of various factors, including those discussed in the section titled “Risk Factors” and in other parts of this Quarterly Report on Form 10-Q.

Overview

Zoom Workplace with AI Companion is an AI-first open work platform for human connection. Our platform is designed to enable seamless communication and collaboration through a suite of products that includes Zoom Workplace (including Zoom Meetings and Zoom Phone), Zoom Business Services (including Zoom Contact Center), Employee Experience (including Workvivo), and more, all with AI at its core to improve productivity, collaboration, and business outcomes.

We strive to simplify the workday with tools that drive meaningful team collaboration and customer engagement