Zoom Video Communications, Inc. Class A ( (ZM) ) has released its Q2 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 leading provider of video conferencing and online communication services, operates in the technology sector with a focus on enhancing virtual collaboration experiences.
In its latest earnings report for the second quarter of fiscal year 2026, Zoom reported a total revenue of $1,217.2 million, marking a 4.7% increase year over year. The company highlighted its strong performance in enterprise revenue, which grew by 7.0% year over year, and an impressive increase in GAAP earnings per share by 65.7%.
Key financial metrics from the quarter include a GAAP operating margin of 26.4% and a non-GAAP operating margin of 41.3%. Zoom also reported a significant rise in GAAP net income to $358.6 million, translating to $1.16 per share, and a non-GAAP net income of $471.3 million or $1.53 per share. The company repurchased approximately 6.0 million shares of common stock, contributing to a total of 27.4 million shares repurchased under the current plan.
Looking ahead, Zoom has raised its full-year outlook for revenue, non-GAAP operating income, and free cash flow, reflecting confidence in its strategic initiatives and market position. The company expects total revenue for the full fiscal year 2026 to be between $4.825 billion and $4.835 billion, with continued focus on innovation and customer engagement.
Zoom’s management remains optimistic about the future, emphasizing the transformative role of AI in enhancing work collaboration and the company’s commitment to driving innovation and delivering value to its customers and stakeholders.