Zoom Video Communications Inc. (ZM) Financial Statements (2024 and earlier)

Company Profile

Business Address 55 ALMADEN BOULEVARD, 6TH FLOOR
SAN JOSE, CA 95113
State of Incorp. DE
Fiscal Year End January 31
Industry (SIC) 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

4/30/2024
MRQ
1/31/2024
1/31/2023
1/31/2022
1/31/2021
1/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6,962,4855,412,6665,419,2664,244,713855,194
Cash and cash equivalents1,558,2521,086,8301,062,8202,240,303283,134
Short-term investments 5,404,2334,325,8364,356,4462,004,410572,060
Restricted cash and investments  10,236  
Receivables536,078557,404419,673294,703120,435
Prepaid expense188,259123,493112,66660,70222,320
Contract with customer, asset, after allowance for credit loss     
Capitalized contract cost208,474223,250199,266136,63044,885
Other current assets24,04926,45822,7005,6424,141
Other undisclosed current assets6,87413,141 50,47548,547
Total current assets:7,926,2196,356,4126,183,8074,792,8651,095,522
Noncurrent Assets
Operating lease, right-of-use asset58,97580,90695,96597,64968,608
Property, plant and equipment293,704252,821222,354149,92457,138
Long-term investments and receivables409,222398,992367,814  
Long-term investments409,222398,992367,814  
Intangible assets, net (including goodwill)307,295122,64127,60724,340 
Goodwill307,295122,64127,60724,340 
Capitalized contract cost, net138,724179,991164,714157,26246,245
Deferred income tax assets662,177558,428382,296  
Other noncurrent assets133,477177,874106,76175,95322,332
Total noncurrent assets:2,003,5741,771,6531,367,511505,128194,323
TOTAL ASSETS:9,929,7938,128,0657,551,3185,297,9931,289,845
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities184,168174,603374,089311,97159,503
Taxes payable90,26827,5003,700
Employee-related liabilities126,322118,64036,732
Accounts payable10,17514,4147,8418,6641,596
Accrued liabilities173,993160,189149,658157,16717,475
Deferred revenue1,251,8481,266,5141,141,435858,284209,542
Debt     7,675
Other liabilities18,91621,6928,4126,93311,523
Other undisclosed current liabilities307,255275,83555,75582,77845,587
Total current liabilities:1,762,1871,738,6441,579,6911,259,966333,830
Noncurrent Liabilities
Long-term debt and lease obligation:   85,01890,41564,792
Liabilities, other than long-term debt148,200182,814106,59186,84557,280
Deferred revenue18,51441,93238,48125,21120,994
Other liabilities81,37867,19568,11061,63436,286
Operating lease, liability48,30873,68785,01890,41564,792
Total noncurrent liabilities:148,200182,814191,609177,260122,072
Total liabilities:1,910,3871,921,4581,771,3001,437,226455,902
Equity
Equity, attributable to parent8,019,4066,206,6075,780,0183,860,767833,943
Common stock307294299292277
Additional paid in capital5,228,7564,104,8803,749,5143,187,168832,705
Accumulated other comprehensive income (loss)1,063(50,385)(17,902)839809
Retained earnings2,789,2802,151,8182,048,107672,468152
Total equity:8,019,4066,206,6075,780,0183,860,767833,943
TOTAL LIABILITIES AND EQUITY:9,929,7938,128,0657,551,3185,297,9931,289,845

Income Statement (P&L) ($ in thousands)

4/30/2024
TTM
1/31/2024
1/31/2023
1/31/2022
1/31/2021
1/31/2020
Revenues4,527,2244,392,9604,099,8642,651,368622,658
Cost of revenue
(Cost of Goods and Services Sold)
(1,077,801)(1,100,451)(1,054,554)(821,989)(115,396)
Gross profit:3,449,4233,292,5093,045,3101,829,379507,262
Operating expenses(2,924,144)(3,047,080)(1,981,719)(1,169,531)(494,566)
Operating income:525,279245,4291,063,591659,84812,696
Nonoperating income (expense)
(Investment Income, Nonoperating)
109,770(37,571)43,761  
Income from continuing operations before equity method investments, income taxes:635,049207,8581,107,352659,84812,696
Other undisclosed income (loss) from continuing operations before income taxes197,26341,418(5,720)18,18613,666
Income from continuing operations before income taxes:832,312249,2761,101,632678,03426,362
Income tax expense (benefit)(194,850)(145,565)274,007(5,718)(1,057)
Income from continuing operations:637,462103,7111,375,639672,31625,305
Income before gain (loss) on sale of properties:1,375,639672,31625,305
Net income attributable to parent:637,462103,7111,375,639672,31625,305
Undistributed earnings (loss) allocated to participating securities, basic  (7)(582)(789)(3,555)
Other undisclosed net income available to common stockholders, basic     
Net income available to common stockholders, diluted:637,462103,7041,375,057671,52721,750

Comprehensive Income ($ in thousands)

4/30/2024
TTM
1/31/2024
1/31/2023
1/31/2022
1/31/2021
1/31/2020
Net income:637,462103,7111,375,639672,31625,305
Comprehensive income:637,462103,7111,375,639672,31625,305
Other undisclosed comprehensive income (loss), net of tax, attributable to parent51,448(32,483)(18,741)30944
Comprehensive income, net of tax, attributable to parent:688,91071,2281,356,898672,34626,249

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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