🔹 Revenue: $1.1747B (Est. $1.166B) 🟢; +2.9% YoY
🔹 Adj EPS: $1.43 (Est. $1.31) 🟢; +6.0% YoY
FY Guidance:
🔹 Revenue: $4.800B–$4.810B (Est. $4.788B) 🟢
🔹 Adjusted EPS: $5.56–$5.59 (Est. $5.37) 🟢
🔹 Free Cash Flow: $1.68B–$1.72B
🔹 Shares Outstanding: ~312M
Q2 Guidance:
🔹 Revenue: $1.195B–$1.200B (Est. $1.192B) 🟢
🔹 Adjusted EPS: $1.36–$1.37 (Est. $1.34) 🟢
🔹 Shares Outstanding: ~310M
Segment Revenue:
🔹 Enterprise: $704.7M; +5.9% YoY
🔹 Online: $470.0M; -1.2% YoY
Cash & Capital Allocation:
🔹 Free Cash Flow: $463.4M; ↓ YoY from $569.7M
🔹 Net Cash from Ops: $489.3M; ↓ YoY from $588.2M
🔹 Total Cash & Investments: $7.8B
🔹 Share Repurchase: 5.6M shares (↑ from 4.3M in Q4)
Customer Metrics:
🔹 Customers >$100K TTM Revenue: 4,192; +8% YoY
🔹 Enterprise Net Dollar Expansion Rate: 98%
🔹 Online Churn: 2.8%; ↓ 40bps YoY
🔹 74.2% of Online MRR from customers with ≥16 months; ↑ 40bps YoY
🔸 CEO Eric Yuan Commentary:
"Zoom exceeded guidance in both revenue and profitability despite macro uncertainty. Our AI-first innovation is resonating with customers across CX, sales, and culture. We’re doubling down on execution and shareholder returns."