Filing Flows › Zoom Communications (ZM) › Q1 FY27 › vs Q1 FY26
Zoom Communications (ZM) Q1 FY27 vs Q1 FY26 (year over year)
Zoom Communications's revenue rose $64.3M (+5%) from $1.2B in Q1 FY26 to $1.2B in Q1 FY27. Gross margin 77.9% against 76.3% (+1.6 pts).
Zoom Communications, Q1 FY27: revenue $1.2B (+6% year over year), operating margin 25.1%, net earnings $426M, operating cash flow $522M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q1 FY26 | Change | |
|---|---|---|---|
| Gross margin | 77.9% | 76.3% | +1.6 pts |
| Operating margin | 25.1% | 20.6% | +4.5 pts |
| Net margin | 34.4% | 21.7% | +12.7 pts |
| Free cash flow margin | 40.4% | 39.4% | +1.0 pts |
Every line
| Line | Q1 FY27 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $64.3M | +5% |
| Gross profit | $965M | $896M | $68.4M | +8% |
| Cost of revenue | $274M | $278M | −$4.1M | -1% |
| Other income, net | $221M | $74.2M | $147M | +198% |
| Operating profit | $310M | $242M | $68.9M | +29% |
| Operating expenses | $654M | $655M | −$475K | -0.1% |
| Pre-tax earnings | $532M | $316M | $216M | +68% |
| Research & development | $228M | $205M | $22.5M | +11% |
| Sales & marketing | $330M | $347M | −$16.9M | -5% |
| General & admin | $96.3M | $102M | −$6.1M | -6% |
| Net earnings | $426M | $255M | $171M | +67% |
| Income tax | $106M | $61.2M | $44.8M | +73% |
| Depreciation & amortization | $32.8M | $35.3M | −$2.5M | -7% |
| Share-based compensation | $179M | $202M | −$22.6M | -11% |
| Working capital & other | $116M | $2.2M | $114M | 52× |
| Operating cash flow | $522M | $489M | $32.3M | +7% |
| Free cash flow (company-reported) | $500M | $463M | $37.1M | +8% |
| Purchases of property and equipment | $21.1M | $25.9M | −$4.8M | -19% |
Questions
How much did Zoom Communications's revenue grow year over year in Q1 FY27?
Zoom Communications's revenue rose $64.3M (+5%) from $1.2B in Q1 FY26 to $1.2B in Q1 FY27. Gross margin 77.9% against 76.3% (+1.6 pts).