NASDAQ$ZM
Zoom Video Communications Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
Zoom's Q4 2021 earnings showcased substantial growth, driven by increased customer acquisition and expansion.
Zoom Video Communications reported a strong fourth quarter, with revenue up 369% year-over-year to $882.5 million. GAAP income from operations increased significantly, and the company's customer base expanded substantially. The company is optimistic about future growth.
- Total revenue for the quarter was $882.5 million, up 369% year-over-year.
- GAAP income from operations for the quarter was $256.1 million.
- GAAP net income per share was $0.87 compared to $0.05 in Q4 2020.
- Zoom had approximately 467,100 customers with more than 10 employees, up approximately 470% year-over-year.
Headline financials
Revenue & EPS history
Zoom · Revenue · Quarterly
$882M
Revenue by segment
Zoom · $1.24B total across 2 segments · Q1 2027
- Enterprise$756M—61.0%
- Online$483M—39.0%
Forward guidance
Zoom provided guidance for Q1 2022 and full fiscal year 2022, projecting continued revenue growth and non-GAAP profitability.
Tailwinds
- Q1 2022 total revenue is expected to be between $900.0 million and $905.0 million.
- Q1 2022 non-GAAP income from operations is expected to be between $295.0 million and $300.0 million.
- Q1 non-GAAP diluted EPS is expected to be between $0.95 and $0.97.
- FY 2022 total revenue is expected to be between $3.760 billion and $3.780 billion.
- FY 2022 non-GAAP income from operations is expected to be between $1.125 billion and $1.145 billion.
Headwinds
- A reconciliation of non-GAAP guidance measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to the uncertainty of expenses that may be incurred in the future.
- The potential effect on user growth rate once the impact of the COVID-19 pandemic tapers.
- Users return to work or school or are otherwise no longer subject to shelter-in-place mandates.
- Impact of COVID-19 on the overall economic environment.
- Delays or outages in services from our co-located data centers.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2021
+2.7%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+1.3%
Avg return
30 days after
44%
14 / 32 earnings
Positive
+52.9%
Q2 2021
Best reaction
-18.3%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | +9.3% | +3.4% | -10.6% | |
| Q4 2026 | -11.6% | -14.0% | -9.0% | |
| Q3 2026 | +9.8% | +8.1% | +11.7% | |
| Q2 2026 | +12.7% | +10.6% | +15.0% | |
| Q1 2026 | -0.1% | -4.1% | -5.2% | |
| Q4 2025 | -8.5% | -9.1% | -5.3% | |
| Q3 2025 | -2.9% | -3.7% | -0.2% | |
| Q2 2025 | +15.1% | +20.6% | +14.2% | |
| Q1 2025 | -0.5% | -1.8% | -12.4% | |
| Q4 2024 | +7.5% | +11.8% | +5.1% | |
| Q3 2024 | +2.8% | +0.6% | +9.0% | |
| Q2 2024 | -0.7% | +2.1% | +3.8% | |
| Q1 2024 | -5.4% | -4.5% | -3.5% | |
| Q4 2023 | +0.9% | -4.2% | -4.5% | |
| Q3 2023 | -5.5% | -7.6% | -14.3% | |
| Q2 2023 | -18.3% | -18.2% | -23.7% | |
| Q1 2023 | +5.1% | +23.0% | +28.3% | |
| Q4 2022 | -2.0% | -13.1% | -2.3% | |
| Q3 2022 | -17.8% | -12.4% | -23.1% | |
| Q2 2022 | -15.1% | -12.5% | -24.5% | |
| Q1 2022 | -1.3% | +1.3% | +16.6% | |
| Q4 2021 | -0.2% | -9.7% | -14.0% | |
| Q3 2021 | -13.8% | -13.1% | -25.1% | |
| Q2 2021 | +52.9% | +23.6% | +57.1% | |
| Q1 2021 | +9.7% | +1.7% | +28.2% | |
| Q4 2018 | +28.9% | +11.6% | +21.2% | |
| Q4 2020 | +6.4% | -3.2% | +9.1% | |
| Q3 2020 | -10.3% | -7.7% | -3.8% | |
| Q2 2018 | -1.1% | +3.7% | -12.5% | |
| Q2 2020 | -8.7% | -14.1% | -18.2% | |
| Q1 2018 | +28.4% | +29.4% | +15.7% | |
| Q1 2020 | +20.5% | +21.6% | +17.7% | |
| Q4 2019 | — | — | — | |
| Q3 2018 | — | — | — |
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