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Reported August 25, 2026 · After market close

Revenue$1.3BBeat by $10.5M
EPS$1.55Beat by $0.07
Revenue estimate$1.3B
EPS estimate$1.48
FY27 continues to progress well, reflecting focused execution against our three priorities and clear Enterprise business momentum. Total revenue grew 4.9% year over year, anchored by 7.8% growth in Enterprise revenue, its strongest growth rate in three years. Our AI-first Customer Experience portfolio continues to scale, delivering high-double-digit ARR expansion, driven in part by strong adoption of Zoom Virtual Agent, whose customer count increased 256% year over year. With innovations including ZoomMate, My Notes, AI Productivity Suite, ZVA Receptionist, and Workvivo HQ Agent, and acquisitions like Common Room and BrightHire, we are embedding AI into the flow of work across collaboration, customer experience, revenue orchestration, recruiting, and employee experience. The breadth of that AI adoption reflects how Zoom is differentiating as a system of action for modern work, moving enterprise operations from conversation to completion.
Eric S. Yuan

Next report

Nov 23, 2026 (in 3 months)
Revenue estimate$1.3B
EPS estimate$1.52

Financials

Q2 2027

Income statement

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Revenue$1.3B+4.9%
Gross profit$985.5M+4.4%
Operating income$314.3M-2.3%
Net income$1.5B+330%
EPS (diluted)$5.15+344%

Balance sheet

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Cash & equivalents$948.5M-21.5%
Total debt$60.3M+11.1%
Total equity$11.3B+26.3%
Total assets$13.6B+23.0%

Cash flow

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Operating cash flow$494.8M-4.1%
CapEx$22.4M+181%
Free cash flow$472.4M-7.0%

Valuation & ratios

Valuation

as of 08/27/26
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Market cap$27.51B+13.6%
Enterprise value$26.63B+15.4%
P/E8.5×-11.9×
P/S5.5×+0.4×

Profitability

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Gross margin77.3%+0.9pp
Operating margin23.7%+3.3pp
Net margin65.2%+40.2pp
FCF margin38.6%-0.3pp

Returns & leverage

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Return on equity32.1%+18.5pp
Debt / equity0.0×
Current ratio3.8×-0.6×

Segments

By geography

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Americas$923.5M+5.7%
Europe, Middle East, and Africa (“EMEA”)$199.1M+2.2%
Asia Pacific (“APAC”)$154.6M+4.2%

By segment

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Reportable Segment$1.3B+4.9%

FAQ

When did Zoom Video Communications, Inc. report Q2 2027 earnings?
Zoom Video Communications, Inc. (ZM) reported Q2 2027 earnings on August 25, 2026 after market close.
What were Zoom Video Communications, Inc.'s Q2 2027 revenue and EPS?
Zoom Video Communications, Inc. reported revenue of $1.3B and eps of $1.55 for Q2 2027.
Did Zoom Video Communications, Inc. beat estimates in Q2 2027?
Revenue beat the consensus estimate of $1.3B by $10.5M. EPS beat the consensus estimate of $1.48 by $0.07.
How did Zoom Video Communications, Inc.'s Q2 2027 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 4.9% from $1.2B a year earlier and eps grew 1.3% from $1.53.
Where can I find Zoom Video Communications, Inc.'s Q2 2027 SEC filings?
You can read the 8-K earnings release (0001585521-26-000119) and the 10-Q periodic report (0001585521-26-000121) directly on SEC EDGAR. The filing index links above go to sec.gov.