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.
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.
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