Company: ZM
Filing Date: 2025-05-23
Form Type: 10-Q
Source: 0001585521-25-000090
Chunk: 245

Company: Zoom Communications, Inc.
Filing Date: 2025-05-23
Form: 10-Q
Item: Part I, Item 1
Chunk 245
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,964 Operating lease liabilities, net(7,401)(7,114)Net cash provided by operating activities489,261 588,191 Cash flows from investing activities:Purchases of marketable securities(1,135,024)(867,911)Maturities of marketable securities1,033,279 776,941 Sales of marketable securities2,525 — Purchases of property and equipment(25,910)(18,508)Purchases of strategic investments— (3,000)Proceeds from strategic investments— 4,654 Net cash used in investing activities(125,130)(107,824)Cash flows from financing activities:Proceeds from exercise of stock options954 1,016 Proceeds from employee equity transactions to be remitted to employees and tax authorities, net8,690 6,581 Cash paid for repurchases of common stock(418,021)(150,048)Taxes paid related to net share settlement of equity awards(82,153)— Net cash used in financing activities(490,530)(142,451)Effect of exchange rate changes on cash, cash equivalents, and restricted cash11,854 (6,852)Net (decrease) increase in cash, cash equivalents, and restricted cash(114,545)331,064 Cash, cash equivalents, and restricted cash – beginning of period1,361,417 1,565,380 Cash, cash equivalents, and restricted cash – end of period$1,246,872 $1,896,444 Reconciliation of cash, cash equivalents, and restricted cash within the condensed consolidated balance sheets to the amounts shown in the condensed consolidated statements of cash flows above:Cash and cash equivalents$1,228,847 $1,885,603 Restricted cash, current included in prepaid expenses and other current assets18,025 10,588 Restricted cash, noncurrent included in other assets, noncurrent— 253 Total cash, cash equivalents, and restricted cash$1,246,872 $1,896,444 

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

10

ZOOM COMMUNICATIONS, INC.

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited)

1.Summary of Business and Significant Accounting Policies

Description of BusinessZoom provides an AI-first open work platform for human connection. Our platform is designed to enable seamless communication