Company: ZM
Filing Date: 2025-08-22
Form Type: 10-Q
Source: 0001585521-25-000141
Chunk: 257

Company: Zoom Communications, Inc.
Filing Date: 2025-08-22
Form: 10-Q
Item: Part I, Item 1
Chunk 257
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$166,924 Restricted cash10,123 12,037 Other17,575 21,718 Prepaid expenses and other current assets$190,260 $200,679 Property and Equipment, NetProperty and equipment consisted of the following:As ofJuly 31, 2025January 31, 2025(in thousands)Servers$423,793 $427,664 Software144,924 123,259 Computer and office equipment44,489 47,021 Leasehold improvements57,169 54,885 Furniture and fixtures 5,681 5,767 Property and equipment, gross676,056 658,596 Less: accumulated depreciation and amortization(374,599)(328,121)Property and equipment, net$301,457 $330,475 Depreciation and amortization expense was $28.9 million and $25.7 million for the three months ended July 31, 2025 and 2024, respectively, and $60.9 million and $49.0 million for the six months ended July 31, 2025 and 2024, respectively.Other Assets, NoncurrentOther assets, noncurrent consisted of the following:As ofJuly 31, 2025January 31, 2025(in thousands)Accounts receivable, noncurrent$13,160 $19,266 Intangible assets subject to amortization, net27,367 33,410 Indefinite-lived intangible assets25,239 25,239 Prepaid expenses, noncurrent47,456 52,156 Income tax receivable, noncurrent21,680 12,230 Other13,379 11,772 Other assets, noncurrent$148,281 $154,073 

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Accrued Expenses and Other Current LiabilitiesAccrued expenses and other current liabilities consisted of the following:As ofJuly 31, 2025January 31, 2025(in thousands)Accrued expenses$171,850 $200,416 Accrued compensation and benefits135,851 193,110 Income tax liabilities21,080 18,815 Sales and other non-income tax liabilities39,622 41,755 Customer deposit liabilities55,220 47,312 Operating lease liabilities, current22,243 27,026 Other25,151 30,128 Accrued expenses