

Zoom defines non-GAAP income from operations as income from operations excluding stock-based compensation expense and related payroll taxes, expenses related to charitable donation of common stock, acquisition-related expenses, and litigation settlements, net. Zoom assumes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, except as required by law. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. Zoom is a space where you can connect to others, share ideas, make plans, and build toward a future limited only by your imagination. Zoom will host a Zoom Video Webinar for investors on February 28, at p. Any repurchased shares of Class A common stock will be retired. The repurchase program will be funded using Zoom’s working capital.


Accrued expenses and other current liabilities.ĭeferred revenue, current. Prepaid expenses and other current assets. Deferred contract acquisition costs, current. For the fourth quarter, GAAP operating margin was For the fiscal year, GAAP operating margin was Customer Metrics Zoom defines a customer as a separate and distinct buying entity, which can be a single paid host or an organization of any size including a distinct unit of an organization that has multiple paid hosts.Īs of January 31. Consolidated Statements of Operations Unaudited, in thousands, except share and per share amounts.Ĭonsolidated Statements of Cash Flows Unaudited, in thousands. Consolidated Balance Sheets Unaudited, in thousands. Zoom defines ARR as the annualized revenue run rate of subscription agreements from all customers at a point in time.įor the trailing 12 months calculation, Zoom takes an average of the net dollar expansion rate over the trailing 12 months. Zoom defines a customer as a separate and distinct buying entity, which can be a single paid host or an organization of any size including a distinct unit of an organization that has multiple paid hosts. Zoom considers free cash flow to be a liquidity measure that provides useful information to management and investors regarding net cash provided by operating activities and cash used for investments in property and equipment required to maintain and grow the business. Zoom defines free cash flow as GAAP net cash provided by operating activities less purchases of property and equipment.
