OverviewSuggest Edit
Zoom (also known as Zoom Video Communications) is a technology company that operates a video conferencing platform. Its software enables teams to host internal video conferences and external webinars with various features such as a waiting room, Q&A function, and a live chat feed. The company enables integration between its product and various other enterprise tools such as Slack and Microsoft Outlook.
| 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, Board Member
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, Denver, Overland Park, Sydney and in 2 other locations
San Jose, CA, US (HQ)
55 Almaden Blvd
Denver, CO, US
7601 E Technology Way
Overland Park, KS, US
6501 College Blvd #120
Sydney, AU
Level 1/9 Castlereagh St
Tokyo, JP
Hibiya Park Front 19-F, 2-1-6 Uchisaiwaicho, Chiyoda-ku
Amsterdam, NL
Locatellikade 1
Zoom Financials and Metrics
Zoom Revenue
Zoom's revenue was reported to be $4.1 b in FY, 2022
| USD | |
|---|---|
Revenue (FY, 2022) | 4.1b |
Gross profit (FY, 2022) | 3.0b |
Gross profit margin (FY, 2022), % | 74.3% |
Net income (FY, 2022) | 1.4b |
EBIT (FY, 2022) | 1.1b |
Market capitalization (27-Apr-2022) | 29.1b |
Closing stock price (27-Apr-2022) | 97.6 |
Cash (31-Oct-2021) | 1.3b |
EV | 27.8b |
Zoom's current market capitalization is $29.1 b.
Annual
Quarterly
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 122.0m | 145.8m | 166.6m | 328.2m | 663.5m | 777.2m | 956.2m | 1.0b | 1.1b |
Cost of goods sold | 24.1m | 27.9m | 30.8m | 103.7m | 192.3m | 258.7m | 265.0m | 261.3m | 271.0m |
Gross profit | 97.9m | 117.9m | 135.7m | 224.5m | 471.2m | 518.5m | 691.2m | 760.2m | 779.8m |
Gross profit Margin, % | 80% | 81% | 81% | 68% | 71% | 67% | 72% | 74% | 74% |
Annual
Quarterly
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 629.8m | 213.9m | 230.9m | 488.7m | 748.9m | 730.5m | 1.6b | 1.9b | 1.3b |
Accounts Receivable | 78.9m | 95.7m | 95.8m | 257.5m | 295.3m | 280.9m | 366.3m | 395.3m | 377.9m |
Prepaid Expenses | 21.3m | 64.3m | 54.9m | 46.1m | 74.0m | 87.4m | 96.1m | ||
Current Assets | 866.3m | 916.1m | 1.0b | 1.8b | 2.2b | 2.6b | 5.3b | 5.8b | 6.1b |
Annual
Quarterly
| USD | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 2.2m | 7.8m | 10.0m | 27.1m | 213.1m | 411.7m | 227.5m | 544.6m | 885.0m |
Depreciation and Amortization | 3.3m | 7.2m | 11.6m | 5.3m | 11.8m | 19.4m | 10.7m | 22.7m | 35.3m |
Accounts Payable | 4.4m | (2.8m) | (1.1m) | 1.8m | 10.9m | 8.8m | 1.6m | 44.0m | 12.1m |
Cash From Operating Activities | 22.2m | 53.4m | 115.3m | 259.0m | 660.3m | 1.1b | 533.3m | 1.0b | 1.4b |
| USD | FY, 2019 |
|---|---|
Financial Leverage | 2.3 x |
Zoom Operating Metrics
Zoom's Daily Active Users was reported to be 200 m in Mar, 2020.
| FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Mar, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | FY, 2021 | Q1, 2022 | Q2, 2022 | Q3, 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Enterprise Customers (10+ Employees) | 50.8 k | 58.5 k | 66.3 k | 74.1 k | 81.9 k | 265.4 k | 370.2 k | 433.7 k | 467.1 k | 497 k | 504.9 k | 512.1 k | |
Customers ($100k+ Trailing 12 Months Revenue) | 344 | 405 | 466 | 546 | 641 | 769 | 988 | 1.29 k | 1.64 k | 2 k | 2.28 k | 2.51 | |
Countries | 180 | 240 | |||||||||||
Daily Active Users | 200 m |
Zoom Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Kites | July 01, 2021 | |
| Keybase | May 07, 2020 | $42.9 m |
| Keybase LLC | ||
| Saasbee Inc. (Hefei) Ltd. | ||
| SaasBee Software (Hangzhou) Co., Ltd. | ||
| Zoom Video Communications Hong Kong LTD | ||
| Zoom Video Communications (Shanghai) Co., Ltd. | ||
| Zoom Video Communications (Suzhou) Inc. | ||
| Zoom Voice Communications, Inc. | ||
| ZVC Australia PTY LTD |
Zoom Revenue Breakdown
Zoom revenue breakdown by geographic segment: 13.8% from APAC, 66.7% from Americas and 19.5% from EMEA
Zoom Cybersecurity Score
Zoom Online and Social Media Presence
1.1m Twitter followers
Zoom has 1.1m Twitter Followers. The number of followers has increased 1.6% month over month and increased 1.6% quarter over quarter
Zoom's Trends
Twitter Engagement Stats for @zoom
33.9k
Tweets
2k
Following
1.1m
Followers
198
Tweets last 30 days
8.9
Avg. likes per Tweet
54%
Tweets with engagement
Zoom Company Culture
Overall Culture
A+
90/100
CEO Rating
A+
98/100
Compensation
A+
92/100
Diversity
A+
90/100
Zoom News and Updates
August 17, 2021
Zoom: autoridades alemãs aconselham governo a não usar o app
O governo do estado de Hamburgo, na Alemanha, foi aconselhado a parar de usar como ferramenta de trabalho o Zoom, aplicativo de videoconferência que ganhou notoriedade em todo o mundo desde o início da pandemia do novo coronavírus. A sugestão foi dada nessa segunda-feira (16) pela Agência de Proteçã…
August 10, 2021
Zoom Launches Telehealth Mobile Browser
Online video conferencing provider Zoom announced this week that it is launching a mobile browser that will allow users to join secure telehealth appointments without downloading the app.
August 10, 2021
Wrike Teams Up With Zoom To Improve Real-Time Collaboration
Wrike, the most intelligent and versatile collaborative work management platform, now part of Citrix, today announced the immediate availability of the Actionable Meetings by Wrike app for Zoom.
August 04, 2021
Zoom will owe you $15 after lawsuit for lying about encryption
Last year, Zoom was hit by a class-action lawsuit for lying about offering complete end-to-end encryption for Zoom calls.
August 01, 2021
Zoom Agrees to Settle User Privacy Lawsuit for $85 Million
Zoom Video Communications (ZM) - Get Report on Saturday reached a preliminary settlement on a user privacy lawsuit, agreeing to pay $85 million and improve its security and privacy practices.
July 30, 2021
Tata Teleservices, Zoom partner to provide bundled communication services
Digital services provider Tata Teleservices has teamed up with Zoom Video Communications to offer an intuitive, scalable, and secure communications solution to enterprises and individual customers.
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 6,269 employees.
What is Zoom revenue?
Latest Zoom annual revenue is $4.1 b.
What is Zoom revenue per employee?
Latest Zoom revenue per employee is $654 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, Denver, Overland Park, Sydney and in 2 other locations.
How many offices does Zoom have?
Zoom has 6 offices.
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