Zoom (ZM) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended April 2025, Zoom Communications (ZM) reported revenue of $1.17 billion, up 2.9% over the same period last year. EPS came in at $1.43, compared to $1.35 in the year-ago quarter.

The reported revenue represents a surprise of +0.89% over the Zacks Consensus Estimate of $1.16 billion. With the consensus EPS estimate being $1.30, the EPS surprise was +10.00%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Zoom performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Enterprise Customers: 182,600 versus 193,166 estimated by four analysts on average.
• Customers >$100K TTM Revenue: 4,192 compared to the 4,155 average estimate based on three analysts.
• Current Remaining performance obligation (RPO): $2.36 billion compared to the $2.33 billion average estimate based on three analysts.
• Remaining Performance Obligations (RPO): $3.88 billion versus $3.86 billion estimated by two analysts on average.
• Non-Current Remaining performance obligation (RPO): $1.52 billion versus the two-analyst average estimate of $1.51 billion.
• Geographic Revenue- Americas: $848 million versus the two-analyst average estimate of $838.48 million. The reported number represents a year-over-year change of +3.5%.
• Geographic Revenue- Europe, Middle East, and Africa (EMEA): $185 million versus $184.58 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.5% change.
• Geographic Revenue- Asia Pacific (APAC): $142 million versus $143.01 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2.9% change.
• Revenue- Online: $470 million versus $472.82 million estimated by three analysts on average.
• Revenue- Enterprise: $704.70 million compared to the $689.42 million average estimate based on three analysts.

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This article originally published on Zacks Investment Research (zacks.com).

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