Zoom Communications Reports Fourth Quarter and Fiscal Year 2026 Financial Results

Core Insights - Zoom Communications, Inc. reported a revenue growth of 4.4% for FY26, with an acceleration of 130 basis points compared to the previous year, driven by increased adoption of its platform for modern work [2][5] - The company anticipates surpassing the $5 billion revenue milestone in FY27 while focusing on sustainable, profitable growth and long-term shareholder returns [2] Financial Highlights - Fourth quarter total revenue reached $1,247.0 million, a 5.3% increase year over year, while full fiscal year revenue was $4,868.8 million, up 4.4% [5][11] - Non-GAAP net income for Q4 was $437.1 million, or $1.44 per share, compared to $446.9 million, or $1.41 per share in Q4 FY25 [4][6] - GAAP net income for Q4 was $674.1 million, or $2.22 per share, a significant increase of 91.4% year over year [6][11] Cash and Marketable Securities - As of January 31, 2026, total cash, cash equivalents, and marketable securities amounted to $7.8 billion [4] - Net cash provided by operating activities for Q4 was $354.5 million, down from $424.6 million in Q4 FY25 [7] Customer Metrics - The number of customers contributing more than $100,000 in trailing 12 months revenue increased by 9.3% year over year, totaling 4,468 customers [12] - The trailing 12-month net dollar expansion rate for Enterprise customers was 98% [12] Financial Outlook - For Q1 FY27, total revenue is expected to be between $1.220 billion and $1.225 billion, with non-GAAP income from operations projected between $487.0 million and $492.0 million [12][13] - For the full fiscal year 2027, total revenue is anticipated to be between $5.065 billion and $5.075 billion, with non-GAAP income from operations expected between $2.050 billion and $2.060 billion [13]