"Zoom's strong first quarter financial results reflect continued enterprise momentum, with revenue of $1.174 billion driven by increased profitability and a focus on AI-powered solutions."
"The company's total revenue increased by 2.9% year-on-year, with a notable 5.9% growth in enterprise revenue, highlighting solid demand for its services in a competitive market."
Zoom Communications reported strong financial results for Q1 2026, with total revenue reaching $1.174 billion, a 2.9% year-on-year increase. Enterprise revenue grew 5.9%, showcasing strong demand, while online revenue experienced a slight decline. Notably, the company reported a significant GAAP net income of $254.6 million and a non-GAAP income of $448.3 million. Customer metrics were positive, with 4,192 customers contributing over $100,000 annually, an 8% increase, and a 98% net dollar expansion rate for enterprise clients. The results signal continued confidence in Zoom's business model, enhanced by AI initiatives.
Read at ComputerWeekly.com
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