Company: ZM
Filing Date: 2025-08-22
Form Type: 10-Q
Source: 0001585521-25-000141
Chunk: 243

Company: Zoom Communications, Inc.
Filing Date: 2025-08-22
Form: 10-Q
Item: Part I, Item 1
Chunk 243
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Item 1.    FINANCIAL STATEMENTS

ZOOM COMMUNICATIONS, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(in thousands, except share and per share data)

As ofJuly 31,2025January 31,2025Assets(unaudited)Current assets:Cash and cash equivalents$1,198,576 $1,349,380 Marketable securities6,580,073 6,442,329 Accounts receivable, net of allowances of $22,901 and $22,078 as of July 31, 2025 and January 31, 2025, respectively516,799 495,228 Deferred contract acquisition costs, current177,498 188,358 Prepaid expenses and other current assets190,260 200,679 Total current assets8,663,206 8,675,974 Deferred contract acquisition costs, noncurrent124,313 123,464 Property and equipment, net301,457 330,475 Operating lease right-of-use assets46,831 55,900 Strategic investments647,908 591,481 Goodwill307,295 307,295 Deferred tax assets804,772 749,759 Other assets, noncurrent148,281 154,073 Total assets$11,044,063 $10,988,421 Liabilities and stockholders’ equityCurrent liabilities:Accounts payable$11,619 $8,345 Accrued expenses and other current liabilities471,017 558,562 Deferred revenue, current1,465,044 1,336,387 Total current liabilities1,947,680 1,903,294 Deferred revenue, noncurrent14,233 17,274 Operating lease liabilities, noncurrent32,015 37,406 Other liabilities, noncurrent100,058 95,363 Total liabilities2,093,986 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 July 31, 2025 and January 31, 2025; 267,284,079 and 263,113,866 shares issued and outstanding as of July 31, 2025 and January 31, 2025, respectively; 300,000,000 Class B