Zoom Q3 FY2026 Earnings Summary

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Zoom Communications reported third-quarter FY2026 revenue of $1.23 billion, up 4.4% from last year, with enterprise revenue rising 6.1% and online revenue up 2%. GAAP operating margin was 25.2%, non-GAAP margin 41.2%, and GAAP earnings per share were $2.01, a 204% increase, while non-GAAP EPS was $1.52, up 10.1%. Operating cash flow was $629 million, and free cash flow was $614 million, with cash and investments totaling $7.9 billion. The company had 4,363 customers spending over $100,000 annually, up 9%, and enterprise expansion rate was 98%, with online churn stable at 2.7%.



Zoom repurchased 5.1 million shares and increased its buyback authorization by $1 billion. For Q4, revenue is expected around $1.23 billion, non-GAAP operating income near $480 million, and EPS about $1.48–$1.49. Full-year revenue is projected near $4.85 billion, with non-GAAP EPS around $5.96 and free cash flow about $1.87 billion. Zoom highlighted strong adoption of its AI tools and continued profitable growth.

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