ZM Q1 2026

Q4 2026 Q3 2026 Q2 2026 Q1 2026

Earnings

Zoom Video Communications posted a stronger-than-expected first quarter for fiscal 2026, with non-GAAP earnings of $1.43 per diluted share clearing the $1.31 consensus estimate by 9.54% and revenue of $1.17 billion edging past forecasts by 0.74% on 2… Read more Zoom Video Communications posted a stronger-than-expected first quarter for fiscal 2026, with non-GAAP earnings of $1.43 per diluted share clearing the $1.31 consensus estimate by 9.54% and revenue of $1.17 billion edging past forecasts by 0.74% on 2.9% year-over-year growth. The headline driver behind the profitability beat was a meaningful expansion in Enterprise, where revenue climbed 5.9% year over year to $704.70 million and the customer count contributing more than $100,000 in trailing 12-month revenue grew 8.0% to 4,192, even as the Online segment continued to face modest headwinds with a 1.2% revenue decline. GAAP operating margin widened to 20.6% from 17.8% a year ago, reflecting disciplined cost controls that pushed total operating expenses slightly lower to $654.72 million. Free cash flow came in at $463.35 million, and the company repurchased approximately 5.6 million shares for $418.02 million in the quarter. Looking ahead, Zoom guided full-year fiscal 2026 revenue of $4.80 billion to $4.81 billion and non-GAAP diluted EPS of $5.56 to $5.59.