ZM Q1 2024 Earnings — Zoom Communications, Inc. Revenue & Financial Results | Market Cap Arena

ZMZoom Communications, Inc.

$23B

Q1 2024 Earnings

Technology Software - Application

Income Statement

Revenue

$1.1B+2.9% YoY

Gross Profit

$841M76.1% margin

Operating Income

$10M0.9% margin

Net Income

$15M1.4% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

-1.1%

Cash Flow

Operating Cash Flow

$418M

Free Cash Flow

$397M

Stock-Based Comp.

$282M

Balance Sheet

Total Assets

$8.5B

Total Liabilities

$2.0B

Stockholders' Equity

$6.5B

Cash & Equivalents

$1.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$1.1B	+2.9%
Gross Profit	$841M	$812M	+3.6%
Operating Income	$10M	$187M	-94.8%
Net Income	$15M	$114M	-86.4%

Geographic Segments

Americas

$785M71%

EMEA

$180M16%

Asia Pacific

$141M13%