NASDAQ$ZM
Zoom Video Communications Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Zoom reported strong Q4 and FY2022 results, with revenue growth and increased profitability.
Zoom Video Communications announced its Q4 and FY2022 financial results. The company's Q4 revenue reached $1,071.4 million, a 21% increase year-over-year. GAAP net income attributable to common stockholders for the quarter was $490.5 million, or $1.60 per share. The company also authorized a stock repurchase program of up to $1.0 billion of Zoom’s Class A common stock.
- Q4 revenue reached $1,071.4 million, up 21% year-over-year.
- GAAP income from operations for Q4 was $251.8 million, a slight decrease from $256.1 million in Q4 2021.
- GAAP net income attributable to common stockholders for Q4 was $490.5 million, or $1.60 per share.
- Zoom authorized a stock repurchase program of up to $1.0 billion of its Class A common stock.
Headline financials
Revenue & EPS history
Zoom · Revenue · Quarterly
$1.07B
Revenue by segment
Zoom · $1.24B total across 2 segments · Q1 2027
- Enterprise$756M—61.0%
- Online$483M—39.0%
Forward guidance
Zoom is providing the following guidance for its first quarter of fiscal year 2023 and its full fiscal year 2023. Total revenue is expected to be between $1.070 billion and $1.075 billion and non-GAAP income from operations is expected to be between $345.0 million and $350.0 million for Q1 2023. Total revenue is expected to be between $4.530 billion and $4.550 billion and non-GAAP income from operations is expected to be between $1.430 billion and $1.450 billion for FY 2023.
Tailwinds
- Total revenue is expected to be between $1.070 billion and $1.075 billion for Q1 2023
- Non-GAAP income from operations is expected to be between $345.0 million and $350.0 million for Q1 2023
- First quarter non-GAAP diluted EPS is expected to be between $0.86 and $0.88
- Total revenue is expected to be between $4.530 billion and $4.550 billion for FY 2023
- Non-GAAP income from operations is expected to be between $1.430 billion and $1.450 billion for FY 2023
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 2022
+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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