Zoom Video Communications Inc. (NASDAQ: ZM)
Software - Application · San Jose, CA, United States · Founded 2011
- Market capitalization: $22.0 billion
- Annual revenue: $4.87 billion
- Net income: $1.9 billion
- Employees: 8,000
- Sector: Technology
- Headquarters: San Jose, United States
- Founded: 2011
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Zoom is the video conferencing platform that became a verb during the pandemic. From 10 million daily participants in December 2019 to 300 million by April 2020, no software company has ever experienced growth that explosive. The platform now serves over 200,000 enterprise customers beyond its consumer base.
Freemium subscriptions — free for 40-minute meetings, paid plans ($13-25/user/month) for longer meetings, cloud recording, and admin features. Enterprise contracts provide the bulk of revenue. Zoom has expanded into Zoom Phone (VoIP), Zoom Rooms (conference rooms), and Zoom Contact Center to grow beyond video.
Founded in 2011 by Eric Yuan, a former Cisco WebEx engineer who left because Cisco wouldn't let him rebuild WebEx from scratch. Zoom went public in 2019 at $36/share, peaked at $559 during the pandemic, then crashed back to earth as offices reopened. Revenue grew from $623 million (2020) to $4.5 billion (2024).
| Market Capitalization | $22.0B |
| Annual Revenue | $4.87B |
| Net Income | $1.9B |
| Profit Margin | 39% |
| Revenue per Employee | $608750K |
| Stock Exchange | NASDAQ |
| Ticker Symbol | ZM |
Financial data is approximate and based on most recent annual filings.
'You're on mute' became the defining phrase of 2020-2021. Zoom fatigue entered the medical lexicon. The company invested $100 million in security after 'Zoombombing' incidents embarrassed the platform. Eric Yuan took a 98% pay cut in 2020 to fund employee bonuses during the pandemic.
Zoom won the pandemic but faces a tougher peacetime. Microsoft Teams (bundled free with Office 365) is the existential threat — why pay for Zoom when Teams is included? The expansion into phone, rooms, and contact center is the survival strategy. AI features (meeting summaries, real-time translation) could re-differentiate.
What is Zoom Video Communications Inc.'s revenue?
Zoom Video Communications Inc. generates approximately $4.87 billion in annual revenue.
How many employees does Zoom Video Communications Inc. have?
Zoom Video Communications Inc. employs approximately 8,000 people worldwide.
What is Zoom Video Communications Inc.'s market cap?
Zoom Video Communications Inc. (ZM) has a market capitalization of approximately $22.0 billion on the NASDAQ.
When was Zoom Video Communications Inc. founded?
Zoom Video Communications Inc. was founded in 2011 and is headquartered in San Jose, CA, United States.
Who is the CEO of Zoom Video Communications Inc.?
Eric Yuan is the current CEO of Zoom Video Communications Inc..
What is Zoom Video Communications Inc.'s website?
Zoom Video Communications Inc.'s official website is zoom.us.
| CEO | Eric Yuan |
| Sector | Technology |
| Industry | Software - Application |
| Founded | 2011 |
| HQ | San Jose, CA |
| Country | United States |
| Website | zoom.us |
See traffic, security, and technical data for Zoom Video Communications Inc.'s website:
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