Company: ZM
Filing Date: 2025-11-25
Form Type: 10-Q
Source: 0001585521-25-000202
Chunk: 242

Company: Zoom Communications, Inc.
Filing Date: 2025-11-25
Form: 10-Q
Item: Part I, Item 1
Chunk 242
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Item 1.    FINANCIAL STATEMENTS

ZOOM COMMUNICATIONS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except share and per share data)

As ofOctober 31,2025January 31,2025Assets(unaudited)Current assets:Cash and cash equivalents$1,215,877 $1,349,380 Marketable securities6,727,428 6,442,329 Accounts receivable, net of allowances of $18,128 and $22,078 as of October 31, 2025 and January 31, 2025, respectively417,693 495,228 Deferred contract acquisition costs, current175,047 188,358 Prepaid expenses and other current assets178,922 200,679 Total current assets8,714,967 8,675,974 Deferred contract acquisition costs, noncurrent118,316 123,464 Property and equipment, net284,851 330,475 Operating lease right-of-use assets40,870 55,900 Strategic investments1,052,604 591,481 Goodwill307,295 307,295 Deferred tax assets746,400 749,759 Other assets, noncurrent125,508 154,073 Total assets$11,390,811 $10,988,421 Liabilities and stockholders’ equityCurrent liabilities:Accounts payable$12,843 $8,345 Accrued expenses and other current liabilities514,778 558,562 Deferred revenue, current1,431,802 1,336,387 Total current liabilities1,959,423 1,903,294 Deferred revenue, noncurrent12,682 17,274 Operating lease liabilities, noncurrent28,072 37,406 Other liabilities, noncurrent103,794 95,363 Total liabilities2,103,971 2,053,337 Commitments and contingencies (Note 6)Stockholders’ equity:Common stock, $0.001 par value per share, 2,000,000,000 Class A shares authorized as of October 31, 2025 and January 31, 2025; 266,345,564 and 263,113,866 shares issued and outstanding as of October 31, 2025 and January 31, 2025, respectively; 300,000,000