ZM Q1 2023 Earnings — Zoom Communications, Inc. Revenue & Financial Results | Market Cap Arena

ZMZoom Communications, Inc.

$23B

Q1 2023 Earnings

Technology Software - Application

Income Statement

Revenue

$1.1B+12.3% YoY

Gross Profit

$812M75.6% margin

Operating Income

$187M17.4% margin

Net Income

$114M10.6% margin

EPS (Diluted)

$0.37

QoQ Revenue Growth

+0.2%

Cash Flow

Operating Cash Flow

$526M

Free Cash Flow

$498M

Stock-Based Comp.

$209M

Balance Sheet

Total Assets

$8.0B

Total Liabilities

$2.0B

Stockholders' Equity

$5.9B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$956M	+12.3%
Gross Profit	$812M	$691M	+17.5%
Operating Income	$187M	$226M	-17.3%
Net Income	$114M	$228M	-50.0%

Geographic Segments

Americas

$728M68%

EMEA

$197M18%

Asia Pacific

$149M14%