Zoom Communications, Inc.

Listed Company

ZMCIK 0001585521NasdaqLarge AcceleratedServices-Computer Programming, Data Processing, Etc.DelawareFY ends Jan 31

Period

FY 2026

Revenue

$4.87B

Net Income

$1.90B

Total Assets

$11.96B

Equity

$9.81B

Shares Out

—

Op. Cash Flow

$1.99B

+ 13F Filer

Business

Zoom Communications, Inc. provides an AI-first, open work platform that enables video-based communication and collaboration for businesses and individuals. It offers flagship products and services including Zoom Meetings, Zoom Phone, Zoom Team Chat, Zoom Docs, Zoom Whiteboard, Zoom AI Companion, Zoom Contact Center, Zoom Revenue Accelerator, Zoom Events, Workvivo, Zoom Rooms, and developer tools and an app marketplace. Its business is organized into product categories—AI, Zoom Workplace, Zoom Business Services, Employee Experience, and Developer Ecosystem. The company serves global customers across enterprises, SMBs, public sector, and individuals via direct sales, online channels, resellers, partners, and a developer ecosystem.

Summary from filing dated 2025-02-28

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-01-31	FY 2025 2025-01-31	FY 2024 2024-01-31	FY 2023 2023-01-31	FY 2022 2022-01-31
Revenue	4,869	4,665	4,527	4,393	4,100
Cost of revenue	1,119	1,130	1,078	1,100	1,055
Gross profit	3,750	3,536	3,449	3,293	3,045
Research and development	845	852	803	774	363
Sales and marketing	1,388	1,427	1,541	1,697	1,136
General and administrative	393	443	580	576	483
Total operating expenses	2,626	2,723	2,924	3,047	1,982
Income from operations	1,124	813	525	245	1,064
Gains on strategic investments, net	970	177	110	−38	44
Other income, net	329	325	197	41	−6
Income before provision for income taxes	2,422	1,316	832	249	1,102
Provision for income taxes	522	305	195	146	−274
Net income	1,900	1,010	637	104	1,376
Basic (in dollars per share)	6.32	3.28	2.12	0.35	4.64
Diluted (in dollars per share)	6.18	3.21	2.07	0.34	4.5
Basic (in shares)	301	308	301	297	296
Diluted (in shares)	307	315	309	304	306

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2026 2026-01-31	FY 2025 2025-01-31	FY 2024 2024-01-31	FY 2023 2023-01-31	FY 2022 2022-01-31
Cash and cash equivalents	1,273	1,349	1,558	1,087	1,063
Marketable securities	6,544	6,442	5,404	4,326	4,356
Accounts receivable, net of allowances of $18,348 and $22,078 as of January 31, 2026 and 2025, respectively	497	495	536	557	420
Deferred contract acquisition costs, current	109	188	208	223	199
Prepaid expenses and other current assets	235	201	219	163	146
Total current assets	8,658	8,676	7,926	6,356	6,184
Deferred contract acquisition costs, noncurrent	216	123	139	180	165
Property and equipment, net	265	330	294	253	222
Operating lease right-of-use assets	52	56	59	81	96
Strategic investments	1,579	591	409	399	368
Goodwill	400	307	307	123	28
Deferred tax assets	647	750	662	558	382
Other assets, noncurrent	144	154	133	178	107
Total assets	11,960	10,988	9,930	8,128	7,551
Accounts payable	6	8	10	14	8
Accrued expenses and other current liabilities	582	559	500	458	430
Deferred revenue, current	1,411	1,336	1,252	1,267	1,141
Total current liabilities	1,999	1,903	1,762	1,739	1,580
Deferred revenue, noncurrent	13	17	19	42	38
Operating lease liabilities, noncurrent	31	37	48	74	85
Other liabilities, noncurrent	109	95	81	67	68
Total liabilities	2,152	2,053	1,910	1,921	1,771
Commitments and contingencies (Note 9)	—	—	—	—	—
Common stock, $0.001 par value per share, 2,000,000,000 Class A shares authorized as of January 31, 2026 and 2025; 266,805,638 and 263,113,866 shares issued and outstanding as of January 31, 2026 and 2025, respectively; 300,000,000 Class B shares authorized as of January 31, 2026 and 2025; 28,721,770 and 42,626,998 shares issued and outstanding as of January 31, 2026 and 2025, respectively	295,000	305,000	307,000	294,000	299,000
Additional paid-in capital	4,100	5,130	5,229	4,105	3,750
Accumulated other comprehensive income	9	5	1	−50	−18
Retained earnings	5,700	3,800	2,789	2,152	2,048
Total stockholders equity	9,808	8,935	8,019	6,207	5,780
Total liabilities and stockholders equity	11,960	10,988	9,930	8,128	7,551

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-01-31	FY 2025 2025-01-31	FY 2024 2024-01-31	FY 2023 2023-01-31	FY 2022 2022-01-31
Stock-based compensation expense	761	931	1,057	1,286	477
Deferred income taxes	105	−91	−117	−161	−328
Amortization of deferred contract acquisition costs	283	282	271	259	177
Depreciation and amortization	133	123	104	82	48
Provision for accounts receivable allowances	17	20	35	50	37
Unrealized foreign exchange (gains) losses	−11	17	12	13	0
Non-cash operating lease cost	25	24	21	29	18
Charitable donation of common stock	21	0	0	—	—
Amortization of discount/premium on marketable securities	−29	−72	−51	1	25
Other	22	4	−8	2	5
Accounts receivable	3	27	53	−232	−159
Prepaid expenses and other assets	−29	−17	−71	−18	−156
Deferred contract acquisition costs	−296	−247	−215	−299	−247
Accounts payable	−613,000	−3	−4	12	−2
Accrued expenses and other liabilities	20	62	52	21	101
Deferred revenue	63	80	−47	127	294
Operating lease liabilities, net	−29	−29	−23	−24	−17
Net cash provided by operating activities	1,989	1,945	1,599	1,290	1,605
Purchases of marketable securities	−4,825	−4,622	−4,084	−2,849	−4,435
Maturities of marketable securities	4,064	3,610	3,131	2,835	1,733
Sales of marketable securities	684	47	1	0	297
Purchases of property and equipment	−65	−137	−127	−104	−133
Purchases of strategic investments	−98	−19	−71	—	—
Proceeds from sale of strategic investments	80	13	170	—	—
Cash paid for acquisitions, net of cash acquired	−120	0	−205	−121	−4
Purchases of intangible assets	−500,000	0	0	−11	−13
Net cash used in investing activities	−279	−1,106	−1,184	−318	−2,859
Cash paid for repurchases of common stock, including excise taxes	−1,621	−1,094	0	−1,000	0
Proceeds from issuance of common stock for employee stock purchase plan	61	54	54	54	59
Proceeds from exercise of stock options	2	5	10	9	14
Proceeds from employee equity transactions (remitted) to be remitted to employees and tax authorities, net	−523,000	7	−4	774,000	−40
Taxes paid related to net share settlement of equity awards	−248	0	0	—	—
Net cash (used in) provided by financing activities	−1,805	−1,028	60	−937	34
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	18	−15	−10	−8	0
Net (decrease) increase in cash, cash equivalents, and restricted cash	−78	−204	465	27	−1,220
Purchase of equipment during the period included in accounts payable and accrued expenses	15	20	16	12	14

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro

Holdings (13F)

Portfolio as of 2026-01-14 · 2 positions

Reported AUM

$148.38M

Holdings

Top sector

$148.38M

Top sectors

Sector	Value	% of portfolio
Uncategorized	$148.38M	100.0%

Top holdings

Issuer	Ticker	Shares	Value	%
MONDAYCOM LTD	—	483.9K	$76.48M	51.5%
CVENT HOLDING CORP	—	10.00M	$71.90M	48.5%