Company: ZM
Filing Date: 2025-05-23
Form Type: 10-Q
Source: 0001585521-25-000090
Chunk: 241

Company: Zoom Communications, Inc.
Filing Date: 2025-05-23
Form: 10-Q
Item: Part I, Item 1
Chunk 241
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Item 1.    FINANCIAL STATEMENTS

ZOOM COMMUNICATIONS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except share and per share data)

As ofApril 30,2025January 31,2025Assets(unaudited)Current assets:Cash and cash equivalents$1,228,847 $1,349,380 Marketable securities6,563,976 6,442,329 Accounts receivable, net of allowances of $23,412 and $22,078 as of April 30, 2025 and January 31, 2025, respectively477,242 495,228 Deferred contract acquisition costs, current175,900 188,358 Prepaid expenses and other current assets220,812 200,679 Total current assets8,666,777 8,675,974 Deferred contract acquisition costs, noncurrent114,513 123,464 Property and equipment, net312,211 330,475 Operating lease right-of-use assets53,217 55,900 Strategic investments576,139 591,481 Goodwill307,295 307,295 Deferred tax assets769,189 749,759 Other assets, noncurrent152,555 154,073 Total assets$10,951,896 $10,988,421 Liabilities and stockholders’ equityCurrent liabilities:Accounts payable$14,205 $8,345 Accrued expenses and other current liabilities473,951 558,562 Deferred revenue, current1,409,217 1,336,387 Total current liabilities1,897,373 1,903,294 Deferred revenue, noncurrent16,185 17,274 Operating lease liabilities, noncurrent35,894 37,406 Other liabilities, noncurrent100,076 95,363 Total liabilities2,049,528 2,053,337 Commitments and contingencies (Note 6)Stockholders’ equity:Common stock, $0.001 par value per share, 2,000,000,000 Class A shares authorized as of April 30, 2025 and January 31, 2025; 261,109,338 and 263,113,866 shares issued and outstanding as of April 30, 2025 and January 31, 2025, respectively; 300,000,000 Class B