NASDAQ$ZM
Zoom Video Communications Inc · Q4 2024 earnings
Q4 2024 earnings · · Investor relations
Briefing
Zoom's Q4 2024 financial results were reported, showing revenue growth and increased profitability.
Zoom Video Communications announced its Q4 and FY24 financial results, with Q4 revenue up 2.6% year-over-year to $1,146.5 million and GAAP net income of $298.8 million, or $0.95 per share. The company's full-year revenue reached $4,527.2 million, a 3.1% increase year-over-year. Zoom is focused on platform innovation, including AI integration, and has authorized a $1.5 billion stock repurchase program.
- Q4 total revenue reached $1,146.5 million, a 2.6% increase year-over-year.
- Enterprise revenue for Q4 was $667.3 million, up 4.9% year-over-year.
- GAAP net income for Q4 was $298.8 million, or $0.95 per share, compared to a loss of $(104.1) million in Q4 2023.
- Operating cash flow for Q4 increased by 66.0% year-over-year to $351.2 million.
Headline financials
Revenue & EPS history
Zoom · Revenue · Quarterly
$1.15B
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 and full fiscal year 2025, expecting total revenue of approximately $1.125 billion for Q1 and $4.600 billion for the full year. Non-GAAP diluted EPS is expected to be between $1.18 and $1.20 for Q1 and between $4.85 and $4.88 for the full year.
Tailwinds
- Total revenue is expected to be approximately $1.125 billion for Q1 2025
- Revenue in constant currency is expected to be approximately $1.125 billion for Q1 2025
- Non-GAAP income from operations is expected to be between $410.0 million and $415.0 million for Q1 2025
- Non-GAAP diluted EPS is expected to be between $1.18 and $1.20 for Q1 2025
- Total revenue is expected to be approximately $4.600 billion for FY 2025
Headwinds
- Factors could be material to Zoom's results computed in accordance with GAAP.
- Guidance does not include impact from share repurchase authorization.
- Uncertainty of expenses that may be incurred in the future.
- Macroeconomic conditions including inflation and market volatility.
- Global security concerns and their potential impact on regional and global economies and supply chains.
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 2024
+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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