Quarterly ResultMay 22, 2026, 04:08 PM
Zoom Q1 Revenue +5.5% to $1.24B; Net Income +67.2% to $425.7M
AI Summary
Zoom Communications, Inc. reported strong financial results for the first quarter ended April 30, 2026, with net income increasing significantly by 67.2% to $425.7 million and revenue growing 5.5% to $1.24 billion. The company also expanded its AI capabilities through the acquisition of BrightHire, Inc. for $98.0 million and made additional strategic investments of $99.7 million in other private AI companies. Operating activities generated $521.6 million in cash, and Zoom repurchased $361.7 million of common stock during the quarter.
Key Highlights
- Net income for Q1 2026 surged 67.2% to $425.7 million ($1.42 diluted EPS) from $254.6 million in Q1 2025.
- Revenue for Q1 2026 grew 5.5% to $1.24 billion from $1.17 billion in the prior year period.
- Acquired BrightHire, Inc. for $98.0 million to expand AI-powered interview intelligence capabilities.
- Made $99.7 million in strategic investments in equity securities of other private AI companies.
- Net cash provided by operating activities was $521.6 million for the three months ended April 30, 2026.
- Repurchased $361.7 million of common stock during the quarter.
- Americas region revenue was $893.6 million, representing 72.1% of total revenue.
Price Impact
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