Zoom Q4 Revenue Up 5.3% to $1.25B but EPS, Guidance Disappoints

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Zoom’s Q4 revenue rose 5.3% to $1.247 billion with non-GAAP EPS of $1.44, trailing consensus by 3.1% and operating margin of 20%. It forecasts Q1 revenue of $1.22 billion and FY27 EPS of $5.79, both below analyst expectations, and sees profit growth pressured by stiff competition.

1. Q4 Financial Results

Zoom delivered Q4 total revenue of $1,247.0 million, up 5.3% year over year, with non-GAAP EPS of $1.44 missing consensus by 3.1%, GAAP EPS of $2.22, GAAP operating margin of 20.0% and non-GAAP margin of 39.3%.

2. Guidance and Forecasts

Management projects Q1 CY2026 revenue of $1.22 billion at the midpoint and FY27 non-GAAP EPS of $5.79, both below analyst estimates, and warned that quarterly profit could fall short due to intensifying competitive pressures.

3. Cash Flow and Buybacks

The company reported Q4 free cash flow of $338.4 million, ended the quarter with $7.8 billion in cash and marketable securities, and repurchased 3.8 million shares during the quarter.

Sources

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