Zoom Communications, Inc.
For the period ended Jan 31, 2026. Filed Feb 27, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2026 · Filed Feb 27, 2026
ZM$90.91-0.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
| Year Ended January 31, | |||
|---|---|---|---|
| 2026 | 2025 | 2024 | |
| Cash flows from operating activities: | |||
| Net income | $1,900,148 | $1,010,238 | $637,462 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Stock-based compensation expense | 760,776 | 931,309 | 1,057,161 |
| Deferred income taxes | 105,035 | (90,551) | (116,679) |
| Amortization of deferred contract acquisition costs | 283,382 | 282,103 | 270,701 |
| Gains on strategic investments, net | (969,822) | (177,142) | (109,770) |
| Depreciation and amortization | 132,831 | 122,632 | 104,451 |
| Provision for accounts receivable allowances | 17,351 | 20,022 | 35,244 |
| Unrealized foreign exchange (gains) losses | (11,405) | 17,165 | 12,259 |
| Non-cash operating lease cost | 24,778 | 24,066 | 21,066 |
| Charitable donation of common stock | 20,904 | — | — |
| Amortization of discount/premium on marketable securities | (28,910) | (71,636) | (50,770) |
| Other | 22,307 | 4,048 | (7,670) |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | 2,823 | 26,640 | 53,270 |
| Prepaid expenses and other assets | (28,821) | (17,114) | (71,247) |
| Deferred contract acquisition costs | (295,949) | (246,727) | (214,657) |
| Accounts payable | (613) | (3,133) | (4,416) |
| Accrued expenses and other liabilities | 19,761 | 62,277 | 51,974 |
| Deferred revenue | 63,186 | 79,995 | (46,719) |
| Operating lease liabilities, net | (28,714) | (28,884) | (22,824) |
| Net cash provided by operating activities | 1,989,048 | 1,945,308 | 1,598,836 |
| Cash flows from investing activities: | |||
| Purchases of marketable securities | (4,824,598) | (4,622,104) | (4,083,968) |
| Maturities of marketable securities | 4,064,393 | 3,610,274 | 3,131,419 |
| Sales of marketable securities | 684,371 | 47,482 | 1,191 |
| Purchases of property and equipment | (64,961) | (136,560) | (126,953) |
| Purchases of strategic investments | (98,245) | (18,500) | (70,527) |
| Proceeds from sale of strategic investments | 80,438 | 13,384 | 170,067 |
| Cash paid for acquisitions, net of cash acquired | (119,796) | — | (204,918) |
| Purchases of intangible assets | (500) | — | — |
| Net cash used in investing activities | (278,898) | (1,106,024) | (1,183,689) |
| Cash flows from financing activities: | |||
| Cash paid for repurchases of common stock, including excise taxes | (1,620,691) | (1,093,878) | — |
| Proceeds from issuance of common stock for employee stock purchase plan | 61,206 | 54,008 | 54,097 |
| Proceeds from exercise of stock options | 2,482 | 4,619 | 10,195 |
| Proceeds from employee equity transactions (remitted) to be remitted to employees and tax authorities, net | (523) | 7,174 | (4,106) |
| Taxes paid related to net share settlement of equity awards | (247,832) | — | — |
| Net cash (used in) provided by financing activities | (1,805,358) | (1,028,077) | 60,186 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 17,572 | (15,170) | (10,196) |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | (77,636) | (203,963) | 465,137 |
| Cash, cash equivalents, and restricted cash—beginning of year | 1,361,417 | 1,565,380 | 1,100,243 |
| Cash, cash equivalents, and restricted cash—end of year | $1,283,781 | $1,361,417 | $1,565,380 |
| Supplemental disclosures of non-cash investing and financing information | |||
|---|---|---|---|
| Purchase of equipment during the period included in accounts payable and accrued expenses | $15,204 | $20,393 | $16,206 |
| Excise tax on share repurchases included in accrued expenses | $8,648 | $1,240 | $— |
| Reconciliation of cash, cash equivalents, and restricted cash within the consolidated balance sheets to the amounts shown in the consolidated statements of cash flows above: | |||
| Cash and cash equivalents | $1,272,877 | $1,349,380 | $1,558,252 |
| Restricted cash, current included in prepaid expenses and other current assets | 10,904 | 12,037 | 6,874 |
| Restricted cash, noncurrent included in other assets, noncurrent | — | — | 254 |
| Total cash, cash equivalents, and restricted cash | $1,283,781 | $1,361,417 | $1,565,380 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.