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Sep 30, 2022

ZoomInfo Q3 2022 Earnings Report

ZoomInfo's Q3 2022 financial results were announced, demonstrating record revenue and profitability.

Key Takeaways

ZoomInfo reported a strong Q3 2022 with revenue of $287.6 million, a 46% increase year-over-year. The company's GAAP operating margin was 18%, and adjusted operating income margin was 41%. Cash flow from operations reached $85.7 million, and unlevered free cash flow was $99.8 million.

Revenue reached $287.6 million, representing a 46% increase year-over-year.

GAAP operating margin was 18%, while adjusted operating income margin was 41%.

Cash flow from operations amounted to $85.7 million, and unlevered free cash flow was $99.8 million.

The company closed the quarter with 1,848 customers having an annual contract value of $100,000 or greater.

Total Revenue
$288M
Previous year: $198M
+45.5%
EPS
$0.24
Previous year: $0.13
+84.6%
Customers with ACV > $100k
1.85K
Previous year: 1.25K
+47.8%
Gross Profit
$239M
Previous year: $160M
+49.9%
Cash and Equivalents
$406
Previous year: $197M
-100.0%
Free Cash Flow
$99.8
Previous year: $73.3M
-100.0%
Total Assets
$7.06B
Previous year: $6.61B
+6.8%

ZoomInfo

ZoomInfo

Forward Guidance

ZoomInfo is providing guidance for the fourth quarter and full year 2022.

Positive Outlook

  • Q4 2022 GAAP Revenue: $298 - $300 million
  • FY 2022 GAAP Revenue: $1.094 - $1.096 billion
  • Q4 2022 Non-GAAP Adjusted Operating Income: $121 - $123 million
  • FY 2022 Non-GAAP Adjusted Operating Income: $442 - $444 million
  • FY 2022 Non-GAAP Adjusted Net Income per share: $0.83 - $0.84