Zoom
OverviewSuggest Edit
Zoom Video Communications is a company operating a video conferencing platform. It is designed for video, phone, content sharing, and chat, The platform runs across mobile devices, desktops, telephones, and room systems.
| Type | Public | |
| Founded | 2011 | |
| HQ | San Jose, CA, US | Map |
| Website | zoom.us | |
| Employee Ratings | More | |
| Overall Culture | A+ | More |
Key People/Management at Zoom
Eric S. Yuan
Founder & Chief Executive Officer and Director
Janine Pelosi
Chief Marketing Officer
Aparna Bawa
Chief Operating Officer & Interim Chief Legal Officer
Kelly Steckelberg
Chief Financial Officer
Ryan Azus
Chief Revenue Officer
Brendan Ittelson
Chief Technology Officer
Zoom Office Locations
Zoom has offices in San Jose, Alpharetta, Denver, Leawood and in 7 other locations
San Jose, CA, US (HQ)
55 Almaden Blvd
Alpharetta, GA, US
3625 Brookside Pkwy 4th Floor
Denver, CO, US
7601 E Technology Way
Leawood, KS, US
6601 College Blvd #120
Santa Barbara, CA, US
420 E Carrillo St
Sydney, AU
Capita Centre, Level 1/9 Castlereagh St
Zoom Financials and Metrics
Zoom Revenue
Zoom's revenue was reported to be $622.66 m in FY, 2020 which is a 88.4% increase from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2021) | 777.2m |
Gross profit (Q3, 2021) | 518.5m |
Gross profit margin (Q3, 2021), % | 66.7% |
Net income (Q3, 2021) | 198.6m |
EBIT (Q3, 2021) | 192.2m |
Market capitalization (26-Feb-2021) | 109.1b |
Closing stock price (26-Feb-2021) | 373.6 |
Cash (31-Oct-2020) | 730.5m |
EV | 108.4b |
Zoom's current market capitalization is $109.1 b.
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 60.1m | 74.5m | 90.1m | 122.0m | 145.8m | 166.6m | 328.2m | 663.5m | 777.2m |
Cost of goods sold | 11.7m | 13.0m | 16.8m | 24.1m | 27.9m | 30.8m | 103.7m | 192.3m | 258.7m |
Gross profit | 48.4m | 61.6m | 73.3m | 97.9m | 117.9m | 135.7m | 224.5m | 471.2m | 518.5m |
Gross profit Margin, % | 81% | 83% | 81% | 80% | 81% | 81% | 68% | 71% | 67% |
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (1.3m) | 2.5m | 1.9m | 2.2m | 7.8m | 10.0m | 27.1m | 213.1m | 411.7m |
Depreciation and Amortization | 1.2m | 2.6m | 4.5m | 3.3m | 7.2m | 11.6m | 5.3m | 11.8m | 19.4m |
Accounts Payable | 786.0k | (206.0k) | 369.0k | 4.4m | (2.8m) | (1.1m) | 1.8m | 10.9m | 8.8m |
Cash From Operating Activities | 2.8m | 17.1m | 35.3m | 22.2m | 53.4m | 115.3m | 259.0m | 660.3m | 1.1b |
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 322.3k |
Financial Leverage | 1.6 x |
Zoom Operating Metrics
Zoom's Monthly Active Users was reported to be 12.9 m in FY, 2020.
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Enterprise Customers (10+ Employees) | 25.80 k | 31.50 k | 37.20 k | 44.40 k | 50.80 k | 58.50 k | 66.30 k | 74.10 k | 81.90 k | 265.40 k | 370.20 k | 433.70 k |
Customers ($100k+ Trailing 12 Months Revenue) | 143 | 184 | 228 | 277 | 344 | 405 | 466 | 546 | 641 | 769 | 988 | 1.29 k |
Countries | 180 | 240 | ||||||||||
Monthly Active Users | 12.92 m |
Zoom Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Keybase | May 07, 2020 | |
| Saasbee Inc. (Hefei) Ltd. | ||
| SaasBee Software (Hangzhou) Co., Ltd. | ||
| Zoom Video Communications (Suzhou) Inc. | ||
| Zoom Voice Communications | ||
| ZVC – AUSTRALIA PTY LTD | ||
| ZVC JAPAN KK | ||
| ZVC NETHERLANDS B.V. | ||
| ZVC UK LTD |
Zoom Revenue Breakdown
Zoom revenue breakdown by geographic segment: 11.4% from EMEA, 8.2% from APAC and 80.4% from Americas
Zoom Cybersecurity Score
Zoom Online and Social Media Presence
1.09m Twitter followers
Zoom has 1.09m Twitter Followers. The number of followers has increased 0.1% quarter over quarter
Zoom's Trends
Twitter Engagement Stats for @zoom_us
27.7k
Tweets
2k
Following
1.1m
Followers
853
Tweets last 30 days
8
Avg. likes per Tweet
40.3%
Tweets with engagement
Zoom Company Culture
Overall Culture
A+
91/100
CEO Rating
A+
98/100
Compensation
A+
93/100
Diversity
A+
90/100
Zoom News and Updates
February 09, 2021
3CLogic Announces Cloud Contact Center Integration for Zoom
3CLogic, the premier voice-enabling solution and cloud contact center platform, announced its latest integration with Zoom
February 03, 2021
Zoom Video Adds Conferencing Features as Offices Reopen
Zoom Video on Wednesday unveiled a slew of changes to its virtual conference rooms to address the economic recovery from the pandemic and the changes in business meetings that have occurred
February 03, 2021
Zoom announces new software-hardware integrations for its hybrid conference rooms
Today Zoom is announcing a new set of software-hardware integrations for its Zoom Rooms, including dashboard viewing of real-time people count data and a contactless virtual receptionist mode to help facilitate enterprises’ transition to hybrid work
February 01, 2021
Okta Reports That Zoom is Top Video Conferencing App
Okta just released its annual Businesses at Work Report, which provides an in-depth look into how organizations and people work today, and breaks down the latest trends across workforces.
Zoom was by far the preferred enterprise video conferencing app for the second straight year
January 15, 2021
Zoom Announces Closing of $2.0 Billion Public Offering
Zoom Video Communications, Inc. (NASDAQ: ZM), a leading provider of video-first unified communications, today announced the closing of its previously announced underwritten public offering of its Class A common stock. Zoom sold 5,882,353 shares of its Class A common stock, including 735,294 shares p…
Zoom Blogs
February 15, 2019
Cvent’s Head-to-Head Match Up Showed Why Zoom Is the Industry Leader
Check out our case study on Cvent, the leading meetings, events, and hospitality management technology provider with nearly 4,000 employees, 25,000 customers, and 300,000 users worldwide. Before switching to Zoom, Cvent’s technology team had explored a variety of different video conferencing tools, …
February 14, 2019
Zoom Customers Share the Love: TrustRadius Most Loved 2019 Award
Happy Valentine’s Day to our customers – we love you! On this special day, we are excited to share that Zoom was the only web conferencing software that received a Most Loved 2019 award by TrustRadius. The TrustRadius Love Report analyzed 168,000+ reviews of 4,185 products across 421 categories to d…
February 14, 2019
Total Expert Zooms to 15X More Meeting Minutes & Half the Support Tickets
Check out our case study on Total Expert, a platform that allows financial services professionals to collaborate and grow their businesses. Their services include contact management, lead capture apps, print marketing, and single property sites. Total Expert’s team tried a few video communications t…
February 09, 2019
Best-of-Breed Means Best-of-Experience for Your Users
Best-of-breed is the concept that several solutions working closely together can create a better experience for end users and IT teams than a single-vendor solution. At Zoom, we subscribe to this school of thought. Sure, we provide a comprehensive video-first unified communications platform, but we …
February 07, 2019
Zoom is the Only Fastest Growing & Most Popular App – Okta Businesses @ Work 2019
Okta’s annual Businesses @ Work 2019 Report provides an in-depth look into how organizations and people work today — breaking down the latest trends across workforces. It explores employees, partners, contractors, customers, as well as the apps and services they use to be productive. This year, Zoom…
February 06, 2019
Zoom Recognized as a 2019 Top Rated Web Conferencing Software Winner By TrustRadius
Zoom is excited to announce that we have been awarded the 2019 Top Rated Web Conferencing Software by TrustRadius again this year! Each month, about 400,000 B2B technology buyers use over 120,000 verified reviews and ratings on TrustRadius.com to make informed purchasing decisions. Since they launc…
Zoom Frequently Asked Questions
When was Zoom founded?
Zoom was founded in 2011.
Who are Zoom key executives?
Zoom's key executives are Eric S. Yuan, Janine Pelosi and Aparna Bawa.
How many employees does Zoom have?
Zoom has 2,854 employees.
What is Zoom revenue?
Latest Zoom annual revenue is $622.7 m.
What is Zoom revenue per employee?
Latest Zoom revenue per employee is $218.2 k.
Who are Zoom competitors?
Competitors of Zoom include ON24, Viber and RingCentral.
Where is Zoom headquarters?
Zoom headquarters is located at 55 Almaden Blvd, San Jose.
Where are Zoom offices?
Zoom has offices in San Jose, Alpharetta, Denver, Leawood and in 7 other locations.
How many offices does Zoom have?
Zoom has 11 offices.
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