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Zoom Video Communications Reports Steady Q1 Growth

Zoom Video Communications Reports Steady Q1 Growth

Zoom Video Communications, Inc. Class A ( (ZM) ) has released its Q1 earnings. Here is a breakdown of the information Zoom Video Communications, Inc. Class A presented to its investors.

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Zoom Video Communications, Inc., a leader in video conferencing and communication services, operates in the technology sector, providing a platform that enhances business communication and collaboration globally.

Zoom Video Communications has reported its financial results for the first quarter of fiscal year 2026, showcasing a steady growth in revenue and profitability. The company achieved a total revenue of $1,174.7 million, marking a 2.9% increase year over year, with significant contributions from its enterprise segment.

Key financial highlights include a GAAP operating margin of 20.6% and a non-GAAP operating margin of 39.8%. The company reported a GAAP EPS of $0.81, reflecting an 18.7% year-over-year increase, and a non-GAAP EPS of $1.43, up by 6.0%. Zoom also saw an 8.0% increase in customers contributing over $100,000 in trailing 12-month revenue. Additionally, Zoom repurchased approximately 5.6 million shares of common stock, demonstrating its commitment to enhancing shareholder value.

Looking ahead, Zoom’s management remains optimistic about the company’s growth trajectory, projecting total revenue for the second quarter of fiscal year 2026 to be between $1.195 billion and $1.200 billion. The company continues to focus on innovation and expanding its product offerings to meet the evolving needs of its customers in an uncertain economic environment.

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