Company: ZM
Filing Date: 2025-11-25
Form Type: 10-Q
Source: 0001585521-25-000202
Chunk: 256

Company: Zoom Communications, Inc.
Filing Date: 2025-11-25
Form: 10-Q
Item: Part I, Item 1
Chunk 256
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-term accounts receivable consist of the following:As ofOctober 31, 2025January 31, 2025(in thousands)Accounts receivable, gross$435,821 $517,306 Less: allowance for credit losses(14,159)(17,262)Less: allowance for returns(3,969)(4,816)Accounts receivable, net$417,693 $495,228 Below is a rollforward of our allowance for credit losses for the nine months ended October 31, 2025 and 2024:20252024 (in thousands)Balance as of January 31$17,262 $25,916 Provision for credit losses12,119 19,505 Write-offs(15,222)(25,250)Balance as of October 31$14,159 $20,171 Prepaid Expenses and Other Current AssetsPrepaid expenses and other current assets consisted of the following:As ofOctober 31, 2025January 31, 2025(in thousands)Prepaid expenses$154,877 $166,924 Restricted cash11,711 12,037 Other12,334 21,718 Prepaid expenses and other current assets$178,922 $200,679 

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Property and Equipment, NetProperty and equipment consisted of the following:As ofOctober 31, 2025January 31, 2025(in thousands)Servers$406,523 $427,664 Software148,035 123,259 Computer and office equipment46,233 47,021 Leasehold improvements57,591 54,885 Furniture and fixtures 5,737 5,767 Property and equipment, gross664,119 658,596 Less: accumulated depreciation and amortization(379,268)(328,121)Property and equipment, net$284,851 $330,475 Depreciation and amortization expense was $29.1 million and $28.9 million for the three months ended October 31, 2025 and 2024, respectively, and $90.1 million and $77.9 million for the nine months ended October 31, 2025 and 2024, respectively.Other Assets, NoncurrentOther assets, noncurrent consisted of the following:As ofOctober 31, 2025January 31, 2025(in thousands)Accounts receivable, noncurrent$2,