Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________________________________ FORM 10-K ___________________________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2026 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commiss ...

Key Takeaways Zoom posts Q4 EPS miss, but revenue rises 5.3% Y/Y to $1.25B.ZM enterprise revenue climbs 7.1% as $100K customers grow 9.3% to 4,468.Zoom guides FY27 revenues of $5.065-$5.075B and EPS of $5.77-$5.81, targets up to $1.74B FCF.Zoom Communications (ZM) reported fourth-quarter fiscal 2026 adjusted earnings of $1.44 per share, which missed the Zacks Consensus Estimate by 2.70% and increased 2.1% year over year.Revenues of $1.25 billion beat the consensus mark by 1.18% and increased 5.3% year over ...

Core Viewpoint - Zoom's fourth quarter earnings report is perceived as mixed, leading to a decline in share prices despite a solid revenue growth of 5.3% in the enterprise segment and 7.1% overall [1][8]. Group 1: Importance of AI - In the age of AI, Zoom is positioned to become more essential by bridging human-to-human interactions with system actions, streamlining workflows that traditionally require manual updates [2][4]. - The company emphasizes that human-to-human interactions remain crucial for driving business outcomes, while AI can enhance human-to-system interactions by automating tasks [4][6]. Group 2: Monetization and Market Position - Zoom is confident in its ability to monetize its technology in the near term, leveraging its unique position in facilitating human interactions [6][8]. - The company acknowledges concerns regarding competition from various AI applications but maintains a focus on its core strength in human interactions [7][8]. Group 3: Financial Performance and Investments - Despite missing earnings per share (EPS) expectations due to tax issues, the company expresses confidence in future growth, particularly looking towards fiscal year 2027 [8]. - Zoom holds a stake in Anthropic, which has generated a significant pre-tax gain of $532 million in Q4, but the company is not considering selling this stake at the moment [9].

For the quarter ended January 2026, Zoom Communications (ZM) reported revenue of $1.25 billion, up 5.3% over the same period last year. EPS came in at $1.44, compared to $1.41 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.23 billion, representing a surprise of +1.18%. The company delivered an EPS surprise of -2.87%, with the consensus EPS estimate being $1.48.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall St ...

Group 1 - The article discusses the impact of "SaaSpocalypse" on software stocks, particularly highlighting that few have escaped the trend, with Zoom (ZM) being one of the exceptions [1] - The notion of agentic AI is presented as a significant threat to incumbent enterprise software companies, suggesting a transformative shift in the industry [1] Group 2 - The author, Gary Alexander, has extensive experience in technology sectors, both on Wall Street and in Silicon Valley, which informs his insights on current industry themes [1] - Alexander has been a contributor to Seeking Alpha since 2017 and has been featured in various web publications, indicating his established presence in the investment community [1]

Zoom (NasdaqGS:ZM) Q4 2026 Earnings call February 25, 2026 05:00 PM ET Company ParticipantsAlex Zukin - Managing Director of Software Equity ResearchCatharine Trebnick - Managing DirectorCharles Eveslage - Head of Investor RelationsEric Yuan - Founder and CEOJackson Ader - Managing DirectorMichelle Chang - CFOSamad Samana - Managing DirectorSeth Gilbert - Director of Software Equity ResearchTom Blakey - Managing DirectorConference Call ParticipantsAllan Verkhovski - Director and Software Equity Research Ana ...

Zoom (NasdaqGS:ZM) Q4 2026 Earnings call February 25, 2026 05:00 PM ET Company ParticipantsAlex Zukin - Managing Director of Software Equity ResearchCatharine Trebnick - Managing DirectorCharles Eveslage - Head of Investor RelationsEric Yuan - Founder and CEOJackson Ader - Managing DirectorMichelle Chang - CFOSamad Samana - Managing DirectorSeth Gilbert - Director of Software Equity ResearchTom Blakey - Managing DirectorConference Call ParticipantsAllan Verkhovski - Director and Software Equity Research Ana ...

Zoom (NasdaqGS:ZM) Q4 2026 Earnings call February 25, 2026 05:00 PM ET Speaker3Hello, everyone, and welcome to Zoom's Q4 FY 2026 earnings release webinar. I will now hand things over to Charles Evislage, Head of Investor Relations. Charles, over to you.Thank you, Catherine. Hello, everyone, welcome to Zoom's earnings video webinar for the fourth quarter and full fiscal year 2026. I'm joined today by Zoom's founder and CEO, Eric Yuan, and Zoom's CFO, Michelle Chang. Our earnings release was issued today afte ...

Core Viewpoint - Zoom Communications forecasts quarterly profit below Wall Street estimates, indicating challenges from intense competition and a cautious spending environment [1][2] Company Performance - Shares of Zoom fell nearly 3% in extended trading following the profit forecast [2] - The enterprise business has shown resilience, but the online segment for individual consumers and small businesses remains weak, with fourth-quarter online segment revenue at $489.7 million and a slight increase in churn [3] Competitive Landscape - Zoom faces increasing competition from Microsoft Teams and Google Meet, which are bundled with broader workplace suites, making them more cost-effective for enterprise customers [2] - Despite efforts to diversify offerings, Zoom is experiencing slowing growth as pandemic-driven work-from-home trends decline [2] Financial Outlook - For the first quarter, Zoom expects revenue between $1.22 billion and $1.23 billion, aligning with analysts' average estimate of $1.22 billion [4] - Adjusted profit per share is projected to be between $1.40 and $1.42, below the estimated $1.45 [4] - In the fourth quarter, Zoom reported revenue of $1.25 billion, surpassing estimates of $1.23 billion, but adjusted profit per share was $1.44, below the expected $1.49 [4][5] Investment in Technology - Zoom has launched several AI features to stimulate growth, but investments in this technology may pressure operating margins [4]

Zoom Communications Q4 FY26 Earnings February 25, 2026 © 2026 Zoom Communications, Inc. Key: ready for review in progress stale DO NOT REVIEW Reviewers | = added to doc | ✅✅ = reviewed PR & Kim S ✅✅ Accounting (incl Kim M) ✅✅ FP&A ✅✅ ICR ✅✅ Michelle ✅✅ Legal ✅✅ Eric ✅✅ Use of non-GAAP financial measures In addition to the financials presented in accordance with U.S. generally accepted accounting principles ("GAAP"), this presentation includes the following non-GAAP metrics: Revenue in Constant Currency, non ...