Company: ZM
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001585521-25-000042
Chunk: 174

Company: Zoom Communications, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 174
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able segment derives its revenue is the same as those described in the Summary of Business and Significant Accounting Policies.The measure of segment profit or loss that our CODM uses to allocate resources and assess performance is our consolidated net income. The CODM uses net income to monitor results and to decide whether to reinvest profits. Our CODM does not assess segment performance or make decisions using asset or liability information.

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Table of Contents

The following table summarizes the significant segment expenses regularly provided to the CODM as well as other segment items:Year Ended January 31,202520242023Revenue$4,665,433 $4,527,224 $4,392,960 Adjusted cost of revenue (1)984,916 908,283 912,913 Adjusted research and development (1)500,177 430,117 393,548 Adjusted sales and marketing (1)1,090,294 1,116,356 1,153,660 Adjusted general and administrative (1)252,152 297,580 353,755 Stock-based compensation expense931,309 1,057,161 1,285,752 Interest income(340,474)(210,009)(54,103)Other segment items (2)(68,525)95,424 98,159 Provision for income taxes305,346 194,850 145,565 Segment net income1,010,238 637,462 103,711 Adjustments and reconciling items— — — Consolidated net income1,010,238 637,462 103,711 (1)  Excludes stock-based compensation expense and related payroll taxes, acquisition-related expenses, restructuring expenses, and litigation settlements, net(2) Includes stock-based compensation related payroll taxes, acquisition-related expenses, restructuring expenses, litigation settlements, net, gains on strategic investments, net, and other income, net excluding interest incomeThe following table presents our property and equipment, net of depreciation and amortization, by geographic region: As of January 31, 20252024 (in thousands)Americas$238,328 $202,022 APAC51,036 45,321 EMEA41,111 46,361 Total property and equipment, net$330,475 $293,704