AI Companion 3.0 Unveiled
Zoom introduced AI Companion 3.0, a next-generation AI agent, which has seen adoption surge more than four times year over year.
Zoom Phone Milestone
Zoom Phone surpassed 10,000,000 paid seats early in Q3, with consistent ARR growth in the mid-teens.
Revenue and Profitability Growth
Total revenue grew 4.4% year over year to $1,230,000,000, and non-GAAP income from operations grew 11% year over year, to $507,000,000.
Strong Free Cash Flow
Operating cash flow in Q3 grew 30% year over year to $629,000,000 with a free cash flow margin of 50%, up 11 points year over year.
New Share Repurchase Authorization
An incremental $1,000,000,000 share repurchase was authorized, reflecting confidence in Zoom's financial health.