Company: ZM
Filing Date: 2025-05-23
Form Type: 10-Q
Source: 0001585521-25-000090
Chunk: 281

Company: Zoom Communications, Inc.
Filing Date: 2025-05-23
Form: 10-Q
Item: Part I, Item 8
Chunk 281
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$— $2,930 Agency bonds996,220 1,691 (323)997,588 Corporate and other debt securities745,550 2,606 (131)748,025 U.S. government agency securities4,717,606 16,351 (1,043)4,732,914 Treasury bills82,527 1 (9)82,519 Marketable securities$6,544,833 $20,649 $(1,506)$6,563,976 As of January 31, 2025AmortizedCostGrossUnrealizedGainsGrossUnrealizedLossesEstimatedFairValue(in thousands)Commercial paper$20,841 $— $— $20,841 Agency bonds1,173,518 1,609 (643)1,174,484 Corporate and other debt securities719,145 2,069 (419)720,795 U.S. government agency securities4,412,730 8,449 (5,249)4,415,930 Treasury bills110,237 43 (1)110,279 Marketable securities$6,436,471 $12,170 $(6,312)$6,442,329 Unrealized losses for securities that have been in an unrealized loss position for less than 12 months were $1.5 million and $6.2 million as of April 30, 2025 and January 31, 2025, respectively. Unrealized losses for securities that have been in an unrealized loss position for 12 months or longer were immaterial as of April 30, 2025 and January 31, 2025. We review the individual securities that have unrealized losses on a regular basis to evaluate whether or not any security has experienced, or is expected to experience, credit losses resulting in the decline in fair value. We evaluate, among other factors, whether we have the intention to sell any of these marketable securities and whether it is more likely than not that we will be required to sell any of them before recovery of the amortized cost basis. We have not recorded an allowance for credit losses, as we believe any such losses would be immaterial based on the high-grade credit rating for each of our marketable securities as of the end of each period. There were no material realized gains or losses from available-for-sale securities that