Company: ZM
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001585521-25-000042
Chunk: 132

Company: Zoom Communications, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 132
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 respectively; 300,000,000 Class B shares authorized as of January 31, 2025 and 2024; 42,626,998 and 46,661,531 shares issued and outstanding as of January 31, 2025 and 2024, respectively305 307 Additional paid-in capital5,130,271 5,228,756 Accumulated other comprehensive income4,990 1,063 Retained earnings3,799,518 2,789,280 Total stockholders’ equity8,935,084 8,019,406 Total liabilities and stockholders’ equity$10,988,421 $9,929,793 

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

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Table of Contents

ZOOM COMMUNICATIONS, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands, except share and per share data)

Year Ended January 31,202520242023Revenue$4,665,433 $4,527,224 $4,392,960 Cost of revenue1,129,627 1,077,801 1,100,451 Gross profit3,535,806 3,449,423 3,292,509 Operating expenses:Research and development852,415 803,187 774,059 Sales and marketing1,427,384 1,541,307 1,696,590 General and administrative442,712 579,650 576,431 Total operating expenses2,722,511 2,924,144 3,047,080 Income from operations813,295 525,279 245,429 Gains (losses) on strategic investments, net177,142 109,770 (37,571)Other income, net325,147 197,263 41,418 Income before provision for income taxes1,315,584 832,312 249,276 Provision for income taxes305,346 194,850 145,565 Net income1,010,238 637,462 103,711 Undistributed earnings attributable to participating securities— — (7)Net income attributable to common stockholders$1,010,238 $637,462 $103,704 Net income per share attributable to common stockholders:Basic$3.28 $2.12 $0.35