Zoom Video Communications Inc - Ordinary Shares - Class A
ZM - Insider Information
Get informed when a big investor buys or sells
+ FollowMarket Cap$27.94B
Close$
Earnings Call Q2 2027
August 25, 2026 - AI Summary
Strong Q2 results and Enterprise acceleration (core driver): Total revenue rose 4.9% YoY to $1.28B (~4.7% constant currency), beating the guidance high-end by $7M. Enterprise revenue grew 7.8% YoY (now 62% of total revenue, up 2 pts YoY), described as the fastest growth in 3 years, supported by AI monetization and expansion of larger multi-product deals.
AI monetization momentum across products (not just “features”): The company emphasized AI being embedded across the “system of action.” Examples cited: Workplace AI licensed MAUs up 125% YoY; ZoomMate launched in June with early interest; Zoom CX ARR growing at high double-digit YoY, with a record number of seven-figure CX deals; Zoom Virtual Agent (ZVA) customer count +250% YoY, with demand both attach (with Contact Center) and standalone. Multiple deal examples showed customers consolidating/displacing vendors, sometimes coexisting with incumbents.
Bookings / RPO step-up suggests larger, longer deals (quality of demand): Deferred revenue +6% YoY to $1.56B (above prior guidance range) and RPO +14% YoY to ~$4.5B, driven by non-current RPO +25%—management attributed this to winning larger, longer-duration, multi-product platform deals tied to AI-first offerings (Workplace, Phone, Contact Center, and paid AI).
Exclusive for Stockcircle Pro members
Sign up
$197.49
101.4% upside
Current Fair Value
101.4% upsideUndervalued by 101.4% based on the discounted cash flow analysis.
Insider Trades
Loading insider trades…
Congress Trades
Loading congress trades…
Share Statistics
| Market cap | $27.94 Billion |
|---|---|
| Enterprise Value | $28.63 Billion |
| Earnings per Share | $6.32 |
| Beta | 1.03 |
| Outstanding Shares | 293,688,378 |
Return
| Return on Equity | 28.80% |
|---|---|
| Return on Assets | 23.96% |
| Return on Invested Capital | 30.35% |
Valuation & Multiples
| P/E Ratio | 8.71 |
|---|---|
| PEG | 2.64 |
| Price to Sales | 5.77 |
| Price to Book Ratio | 2.58 |
| Enterprise Value to Revenue | 5.73 |
| Enterprise Value to EBIT | 8.23 |
| Enterprise Value to Net Income | 8 |
| Total Debt to Enterprise | 0.06 |
| Debt to Equity | 0.14 |
Revenue Sources
No data
Last Earnings Call
Report Date
August 25, 2026
EPS Estimate
$1.48
Consensus analyst estimateRevenue Estimate
$1.27 B
Consensus analyst estimateNext Earnings Call
Expected Date
November 23, 2026
EPS Estimate
$1.49
Consensus analyst estimateRevenue Estimate
$1.28 B
Consensus analyst estimateInstitutional Put/Call Ratio
Compares institutional put options with call options. At 0.00, the ratio is below 1, so institutions hold more calls than puts.
| Put/Call Ratio | 0.0000▼ 58.50% |
|---|---|
| Total Calls | 6,000▼ 99.95% |
| Total Puts | -▼ 100.00% |
Institutional Ownership
Holdings and activity of institutional investors.
| Ownership % | 1.43%▼ 67.82% |
|---|---|
| Total Invested | $381.32M▼ 97.83% |
| Investors Holding | 188▼ 754.00% |
About Zoom Video Communications Inc
7,438 employees
CEO: Eric Yuan
Zoom Video Communications, Inc., headquartered in San Jose, California, offers a comprehensive unified communications platform. Established in 2011 and initially known as Zoom Communications, Inc. before its name change in May 2012, the ...