Zoom Communications, Inc. income statement
In fiscal 2026, Zoom Communications, Inc. reported revenue of $4.87bn, up 4.4% on the year before, operating income of $1.12bn (a 23.1% margin) and net income of $1.90bn, or $6.18 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Jan 2018 | 2019Jan 2019 | 2020Jan 2020 | 2021Jan 2021 | 2022Jan 2022 | 2023Jan 2023 | 2024Jan 2024 | 2025Jan 2025 | 2026Jan 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 151 | 331 | 623 | 2,651 | 4,100 | 4,393 | 4,527 | 4,665 | 4,869 | 4,993 |
| Cost of revenue | 31 | 61 | 115 | 822 | 1,055 | 1,100 | 1,078 | 1,130 | 1,119 | 1,133 |
| Gross profit | 121 | 270 | 507 | 1,829 | 3,045 | 3,293 | 3,449 | 3,536 | 3,750 | 3,860 |
| Research and development | 16 | 33 | 67 | 164 | 363 | 774 | 803 | 852 | 845 | 903 |
| Selling and marketing | 83 | 186 | 341 | 685 | 1,136 | 1,697 | 1,541 | 1,427 | 1,388 | 1,363 |
| General and administrative | 27 | 45 | 87 | 321 | 483 | 576 | 580 | 443 | 393 | 408 |
| Operating income | −5 | 6 | 13 | 660 | 1,064 | 245 | 525 | 813 | 1,124 | 1,185 |
| Income before tax | −4 | 8 | 26 | 678 | 1,102 | 249 | 832 | 1,316 | 2,422 | 4,185 |
| Income tax | 0 | 1 | 1 | 6 | −274 | 146 | 195 | 305 | 522 | 930 |
| Net income | −4 | 8 | 25 | 672 | 1,376 | 104 | 637 | 1,010 | 1,900 | 3,255 |
| Diluted EPS | −$0.11 | $0.00 | $0.09 | $2.25 | $4.50 | $0.34 | $2.07 | $3.21 | $6.18 | $10.78 |
| Diluted shares (average) | 78m | 116m | 254m | 298m | 306m | 304m | 309m | 315m | 307m | 302m |
| EBITDA | −2 | 13 | 29 | 689 | 1,112 | 328 | 630 | 936 | 1,256 | 1,307 |
| Quarter | 2025 Q3Oct 2024 | 2025 Q4Jan 2025 | 2026 Q1Apr 2025 | 2026 Q2Jul 2025 | 2026 Q3Oct 2025 | 2026 Q4Jan 2026 | 2027 Q1Apr 2026 | 2027 Q2Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,178 | 1,184 | 1,175 | 1,217 | 1,230 | 1,247 | 1,239 | 1,277 |
| Cost of revenue | 284 | 287 | 278 | 273 | 272 | 296 | 274 | 292 |
| Gross profit | 894 | 897 | 896 | 944 | 958 | 951 | 965 | 985 |
| Research and development | 223 | 217 | 205 | 206 | 210 | 223 | 228 | 242 |
| Selling and marketing | 362 | 359 | 347 | 339 | 343 | 360 | 330 | 331 |
| General and administrative | 126 | 96 | 102 | 77 | 95 | 119 | 96 | 98 |
| Operating income | 183 | 225 | 242 | 322 | 310 | 250 | 310 | 314 |
| Income before tax | 280 | 450 | 316 | 448 | 795 | 864 | 532 | 1,995 |
| Income tax | 73 | 82 | 61 | 90 | 182 | 190 | 106 | 453 |
| Net income | 207 | 368 | 255 | 359 | 613 | 674 | 426 | 1,542 |
| Diluted EPS | $0.66 | $1.17 | $0.81 | $1.16 | $2.01 | $2.21 | $1.42 | $5.15 |
| EBITDA | 212 | 260 | 277 | 351 | 340 | 283 | 343 | 342 |
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