Company: ZM
Filing Date: 2025-11-25
Form Type: 10-Q
Source: 0001585521-25-000202
Chunk: 248

Company: Zoom Communications, Inc.
Filing Date: 2025-11-25
Form: 10-Q
Item: Part I, Item 1
Chunk 248
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,482 Purchases of property and equipment(48,885)(128,226)Purchases of strategic investments(27,495)(13,500)Proceeds from strategic investments3,868 4,854 Purchases of intangible assets(500)— Net cash used in investing activities(330,171)(1,101,138)Cash flows from financing activities:Proceeds from exercise of stock options1,854 3,752 Proceeds from issuance of common stock for employee stock purchase plan36,057 34,263 Proceeds from employee equity transactions (remitted) to be remitted to employees and tax authorities, net(100)2,190 Cash paid for repurchases of common stock, including excise taxes(1,296,990)(739,311)Taxes paid related to net share settlement of equity awards(192,268)— Net cash used in financing activities(1,451,447)(699,106)Effect of exchange rate changes on cash, cash equivalents, and restricted cash13,262 (3,020)Net decrease in cash, cash equivalents, and restricted cash(133,829)(282,522)Cash, cash equivalents, and restricted cash – beginning of period1,361,417 1,565,380 Cash, cash equivalents, and restricted cash – end of period$1,227,588 $1,282,858 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$1,215,877 $1,273,823 Restricted cash, current included in prepaid expenses and other current assets11,711 9,035 Total cash, cash equivalents, and restricted cash$1,227,588 $1,282,858 

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

11

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 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