Filing Flows › Zoom Communications (ZM) › Q1 FY27 › vs Q4 FY26
Zoom Communications (ZM) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Zoom Communications's revenue fell $8.0M (-0.6%) from $1.2B in Q4 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 Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 77.9% | 76.3% | +1.6 pts |
| Operating margin | 25.1% | 20.0% | +5.0 pts |
| Net margin | 34.4% | 54.1% | -19.7 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | −$8.0M | -0.6% |
| Gross profit | $965M | $951M | $13.4M | +1% |
| Cost of revenue | $274M | $296M | −$21.4M | -7% |
| Other income, net | $221M | $614M | −$393M | -64% |
| Operating profit | $310M | $250M | $60.6M | +24% |
| Operating expenses | $654M | $701M | −$47.2M | -7% |
| Pre-tax earnings | $532M | $864M | −$332M | -38% |
| Research & development | $228M | $223M | $5.0M | +2% |
| Sales & marketing | $330M | $360M | −$29.5M | -8% |
| General & admin | $96.3M | $119M | −$22.7M | -19% |
| Net earnings | $426M | $674M | −$248M | -37% |
| Income tax | $106M | $190M | −$83.6M | -44% |
| Depreciation & amortization | $32.8M | $33.0M | −$180K | -0.5% |
| Share-based compensation | $179M | $185M | −$6.3M | -3% |
| Working capital & other | $116M | $538M | −$422M | -78% |
| Operating cash flow | $522M | $355M | $167M | +47% |
Questions
How much did Zoom Communications's revenue grow quarter over quarter in Q1 FY27?
Zoom Communications's revenue fell $8.0M (-0.6%) from $1.2B in Q4 FY26 to $1.2B in Q1 FY27. Gross margin 77.9% against 76.3% (+1.6 pts).