Company: ZM
Filing Date: 2025-08-22
Form Type: 10-Q
Source: 0001585521-25-000141
Chunk: 289

Company: Zoom Communications, Inc.
Filing Date: 2025-08-22
Form: 10-Q
Item: Part I, Item 8
Chunk 289
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 accounted for under Topic 606. ASU 2025-05 is effective for fiscal years beginning after December 15, 2025 and interim periods within those annual reporting periods. Early adoption is permitted. We are currently evaluating the impact of the adoption of this ASU on our consolidated financial statements.

2.    Revenue Recognition

Disaggregation of RevenueThe following table summarizes revenue by region based on the billing address of customers:Three Months Ended July 31, Six Months Ended July 31, 2025202420252024AmountPercentage ofRevenueAmountPercentage ofRevenueAmountPercentage ofRevenueAmountPercentage ofRevenue(in thousands, except percentages)Americas$873,974 71.8 %$835,728 71.9 %$1,721,670 72.0 %$1,654,411 71.8 %Asia Pacific (“APAC”)148,337 12.2 142,315 12.2 290,108 12.1 280,629 12.2 Europe, Middle East, and Africa (“EMEA”)194,916 16.0 184,477 15.9 380,164 15.9 368,714 16.0 Total$1,217,227 100.0 %$1,162,520 100.0 %$2,391,942 100.0 %$2,303,754 100.0 %Contract BalancesWe receive payments from customers based on a billing schedule as established in our customer contracts. Accounts receivable are recorded when we contractually have the right to consideration. In some arrangements, a right to consideration for our performance under the customer contract may occur before invoicing to the customer, resulting in an unbilled accounts receivable. The amount of unbilled accounts receivable included within accounts receivable, net was $85.2 million and $118.5 million as of July 31, 2025 and January 31, 2025, respectively, and the amount of unbilled accounts receivable included within other assets, noncurrent was de minimis as of both July 31, 2025 and January 31, 2025.Contract liabilities consist of deferred revenue. Revenue is deferred when we have the right to invoice in advance of performance under a customer contract. The current portion of deferred revenue balances is recognized over the next 12 months. Revenue recognized from amounts included in deferred revenue at