Loading...
•
Apr 30, 2024
Zoom Q1 2025 Earnings Report
Zoom's Q1 2025 financial results were released, demonstrating growth in revenue and operating cash flow.
Key Takeaways
Zoom reported a 3.2% year-over-year increase in total revenue, reaching $1,141.2 million for the first quarter of fiscal year 2025. The company's operating cash flow saw a significant increase of 40.6% year-over-year, and free cash flow grew by 43.6%.
Total revenue for Q1 2025 reached $1,141.2 million, a 3.2% increase year-over-year.
Enterprise revenue grew by 5.3% year-over-year, totaling $665.7 million.
GAAP operating margin was 17.8%, and non-GAAP operating margin was 40.0%.
Operating cash flow increased by 40.6% year-over-year, reaching $588.2 million.
Zoom
Zoom
Zoom Revenue by Segment
Revenue by Segment
Enterprise Revenue
CapyFin.comOnline Revenue
CapyFin.com Forward Guidance
Zoom provided guidance for the second quarter of fiscal year 2025 and full fiscal year 2025.
Positive Outlook
- Second Quarter Fiscal Year 2025: Total revenue is expected to be between $1.145 billion and $1.150 billion and revenue in constant currency is expected to be between $1.147 billion and $1.152 billion.
- Second Quarter Fiscal Year 2025: Non-GAAP income from operations is expected to be between $415.0 million and $420.0 million.
- Second Quarter Fiscal Year 2025: Non-GAAP diluted EPS is expected to be between $1.20 and $1.21 with approximately 316 million weighted average shares outstanding.
- Full Fiscal Year 2025: Total revenue is expected to be between $4.610 billion and $4.620 billion and revenue in constant currency is expected to be between $4.616 billion and $4.626 billion.
- Full Fiscal Year 2025: Full fiscal year non-GAAP income from operations is expected to be between $1.740 billion and $1.750 billion.
Challenges Ahead
- Second Quarter Fiscal Year 2025: Non-GAAP diluted EPS is expected to be between $1.20 and $1.21 with approximately 316 million weighted average shares outstanding.
- Full Fiscal Year 2025: Full fiscal year non-GAAP diluted EPS is expected to be between $4.99 and $5.02 with approximately 319 million weighted average shares outstanding.
- The EPS and share count figures do not include the impact from $1.350 billion of authorized share repurchase remaining as of April 30, 2024.
- A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty of expenses that may be incurred in the future.
- These factors could be material to Zoom's results computed in accordance with GAAP.
Revenue & Expenses
Visualization of income flow from segment revenue to net income