← Zoom Communications, Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $151.5m | $330.5m | $622.7m | $2.7b | $4.1b | $4.4b | $4.5b | $4.7b | $4.9b | |
| Cost of revenue | $30.8m | $61.0m | $115.4m | $822.0m | $1.1b | $1.1b | $1.1b | $1.1b | $1.1b | |
| Gross profit | $120.7m | $269.5m | $507.3m | $1.8b | $3.0b | $3.3b | $3.4b | $3.5b | $3.7b | |
| Research and development | $15.7m | $33.0m | $67.1m | $164.1m | $363.0m | $774.1m | $803.2m | $852.4m | $844.9m | |
| Total operating expenses | $125.5m | $263.3m | $494.6m | $1.2b | $2.0b | $3.0b | $2.9b | $2.7b | $2.6b | |
| Income from operations | ($4.8m) | $6.2m | $12.7m | $659.8m | $1.1b | $245.4m | $525.3m | $813.3m | $1.1b | |
| Sales and marketing | $82.7m | $185.8m | $340.6m | $684.9m | $1.1b | $1.7b | $1.5b | $1.4b | $1.4b | |
| General and administrative | $27.1m | $44.5m | $86.8m | $320.5m | $482.8m | $576.4m | $579.6m | $442.7m | $392.9m | |
| Gains on strategic investments, net | — | — | $0 | $2.5m | $43.8m | ($37.6m) | $109.8m | $177.1m | $969.8m | |
| Other income, net | $1.3m | $2.2m | $13.7m | $18.2m | ($5.7m) | $41.4m | $197.3m | $325.1m | $328.8m | |
| Provision for income taxes | $304k | $765k | $1.1m | $5.7m | ($274.0m) | $145.6m | $194.8m | $305.3m | $522.1m | |
| Income before provision for income taxes | ($3.5m) | $8.3m | $26.4m | $678.0m | $1.1b | $249.3m | $832.3m | $1.3b | $2.4b | |
| Net income | ($3.8m) | $7.6m | $25.3m | $672.3m | $1.4b | $103.7m | $637.5m | $1.0b | $1.9b | |
| Basic (in dollars per share) | ($0.05) | $0.09 | $0.11 | $2.37 | $4.64 | $0.35 | $2.12 | $3.28 | $6.32 | |
| Diluted (in dollars per share) | ($0.05) | $0.07 | $0.10 | $2.26 | $4.50 | $0.34 | $2.07 | $3.21 | $6.18 |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.