Zoom Communications reported total revenue of $1,217.2 million for the second quarter, showing a 4.7% year-over-year increase.
The Enterprise revenue reached $730.7 million, marking a 7.0% year-over-year growth.
Zoom achieved a GAAP operating margin of 26.4% and a non-GAAP operating margin of 41.3% in Q2.
Revenue Growth
Total revenue increased by 4.7% year over year, with Enterprise revenue growing by 7.0%.
Operating Margins
GAAP operating margin was 26.4% and non-GAAP operating margin was 41.3% in the second quarter.
Earnings Per Share
GAAP EPS increased by 65.7% year over year, reaching $1.16, while non-GAAP EPS rose by 10.0% to $1.53.
Share Repurchases
Zoom repurchased around 6.0 million shares of common stock in Q2, totaling 27.4 million shares under the current plan.
Customer Growth
The number of customers contributing over $100,000 in revenue in the trailing 12 months increased by 8.7% year over year.
- Zoom experienced its highest year-over-year revenue growth in 11 quarters, with an increase of 4.7% in total revenue.
- The company expanded its GAAP operating margin year over year by 9 percentage points, demonstrating strong financial performance.
With robust financial performance in Q2 and positive outlook for the full year, Zoom Communications is well-positioned for continued growth and innovation in the communication technology sector.