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Mar 31, 2023

ZoomInfo Q1 2023 Earnings Report

ZoomInfo delivered growth, profitability, and free cash flow generation.

Key Takeaways

ZoomInfo announced its Q1 2023 financial results, reporting a revenue of $300.7 million, a 24% increase year-over-year, and an operating income of $66.3 million.

Revenue of $300.7 million, an increase of 24% year-over-year.

Operating income of $66.3 million and Adjusted Operating Income of $120.3 million.

GAAP operating income margin of 22% and Adjusted Operating Income Margin of 40%.

Cash flow from operations of $108.6 million and Unlevered Free Cash Flow of $121.1 million.

Total Revenue
$301M
Previous year: $242M
+24.4%
EPS
$0.24
Previous year: $0.18
+33.3%
Customers with ACV > $100k
1.91K
Previous year: 1.62K
+17.4%
Gross Profit
$255M
Previous year: $198M
+29.1%
Cash and Equivalents
$474M
Previous year: $394M
+20.2%
Free Cash Flow
$121M
Previous year: $126M
-3.8%
Total Assets
$7.17B
Previous year: $6.92B
+3.5%

ZoomInfo

ZoomInfo

Forward Guidance

ZoomInfo is providing guidance for the second quarter and full year 2023.