Zoom Communications Inc. ($ZM) Q2 2025 Earnings Surpass Expectations, Lifts Full-Year Guidance

Zoom Communications Inc. (NASDAQ: ZM) reported robust Q2 fiscal 2026 results, with revenue climbing 4.7% year-over-year to $1.217 billion. Enterprise revenue led the charge, rising 7.0% to $730.7 million, while online revenue grew modestly at 1.4%. Net income surged 64% to $358.6 million, with adjusted EPS beating estimates at $1.53.

The company's operational efficiency shone through, with GAAP operating margins expanding to 26.4% and non-GAAP margins reaching 41.3%. Zoom repurchased 6 million shares during the quarter, bringing total buybacks under its current plan to 27.4 million shares. Management raised full-year EPS guidance to $5.81-$5.84, reflecting confidence in sustained growth.

Investors responded positively, pushing shares up 1.4% to $73.17 at close, with pre-market trading indicating further gains to $76.75. The earnings beat and raised outlook suggest Zoom's post-pandemic transformation continues gaining traction.