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Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Zoom Video Communications's Net Income for the three months ended in Jul. 2024 was $219 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jul. 2024 was $875 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. Zoom Video Communications's Earnings per Share (Diluted) for the three months ended in Jul. 2024 was $0.70.
The historical data trend for Zoom Video Communications's Net Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Zoom Video Communications Annual Data | |||||||||||||||||
Trend | Jan17 | Jan18 | Jan19 | Jan20 | Jan21 | Jan22 | Jan23 | Jan24 | |||||||||
Net Income | Get a 7-Day Free Trial | 25.31 | 672.32 | 1,375.64 | 103.71 | 637.46 |
Zoom Video Communications Quarterly Data | ||||||||||||||||||||
Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | Jan24 | Apr24 | Jul24 | |
Net Income | Get a 7-Day Free Trial | 181.97 | 141.21 | 298.83 | 216.31 | 219.02 |
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.
Net Income
= Revenue
- Cost of Goods Sold
- Selling, General, & Admin. Expense
- Research & Development
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= EBITDA
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Operating Income
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others
Zoom Video Communications's Net Income for the fiscal year that ended in Jan. 2024 is calculated as
Net Income | (A: Jan. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 832.312 | + | -194.85 | + | 0 | + | 0 |
= | 637 |
Zoom Video Communications's Net Income for the quarter that ended in Jul. 2024 is calculated as
Net Income | (Q: Jul. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 292.889 | + | -73.874 | + | 0 | + | -2.8421709430404E-14 |
= | 219 |
Net Income for the trailing twelve months (TTM) ended in Jul. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $875 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Zoom Video Communications (NAS:ZM) Net Income Explanation
Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:
Zoom Video Communications's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jul. 2024 is calculated as
Earnings per Share (Diluted) (Q: Jul. 2024 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (219.015 | - | 0) | / | 314.027 | |
= | 0.70 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
EPS is most useful for companies that have:
A predictable businessThe dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Thank you for viewing the detailed overview of Zoom Video Communications's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Kelly Steckelberg | officer: Chief Financial Officer | C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113 |
Shane Crehan | officer: Chief Accounting Officer | C/O EVENTBRITE, INC., 155 5TH STREET, 7TH FLOOR, SAN FRANCISCO CA 94103 |
Velchamy Sankarlingam | officer: Pres. of Engineering & Product | C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113 |
Aparna Bawa | officer: General Counsel | C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113 |
Eric S. Yuan | director, 10 percent owner, officer: Chief Executive Officer | C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113 |
Santiago Subotovsky | director | C/O EMERGENCE CAPITAL PARTNERS, 160 BOVENT ROAD SUITE 300, SAN MATEO CA 94402 |
Jonathan Chadwick | director | 3401 HILLVIEW AVENUE, PALO ALTO CA 94304 |
Gregory Tomb | officer: President | 650 CASTRO ST, SUITE 400, MOUNTAIN VIEW CA 94041 |
Cindy L Hoots | director | C/O ZOOM VIDEO COMMUNICATIONS, INC, 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113 |
William R Mcdermott | director | 2225 LAWSON LANE, SANTA CLARA CA 95054 |
Ryan Azus | officer: Chief Revenue Officer | C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113 |
Carl M. Eschenbach | director, 10 percent owner | C/O SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, PALO ALTO CA 94025 |
Janine Pelosi | officer: Chief Marketing Officer | C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113 |
Kimberly Hammonds | director | 100 EAST DAVIE STREET, RALEIGH NC 27601 |
Bart Swanson | director | C/O ZOOM VIDEO COMMUNICATIONS, INC., 55 ALMADEN BOULEVARD, 6TH FLOOR, SAN JOSE CA 95113 |
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