Zoom Communications Reports Financial Results for the First Quarter of Fiscal Year 2027
Zoom Communications reported Q1 fiscal 2027 total revenue of $1.239 billion, a 5.5% year-over-year increase, driven by a 7.2% growth in Enterprise revenue. The company demonstrated improved profitability with GAAP operating margin at 25.1% and non-GAAP operating margin at 41.1%. AI-driven product adoption surged, with AI Companion paid users growin…