Zoom Q4 2020 Earnings Report

Zoom's Q4 2020 earnings showcased strong revenue growth and profitability.

Key Takeaways

Zoom Video Communications reported a strong fourth quarter with a 78% increase in total revenue, reaching $188.3 million. The company also saw significant growth in customers with more than 10 employees and those contributing over $100,000 in TTM revenue. GAAP income from operations was $10.6 million, and non-GAAP income from operations was $38.4 million.

Total revenue increased by 78% year-over-year to $188.3 million.

GAAP income from operations rose by 92% year-over-year to $10.6 million.

Non-GAAP income from operations increased by 292% year-over-year to $38.4 million.

Customers with more than 10 employees grew by 61% year-over-year.

Previous year: $0.0221

+579.0%