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zoom Zoom Reports Financial Results for the Second Quarter of Fiscal Year 2022 August 30 , 2021 • Second quarter total revenue of $ 1,021.5 million , up 54 % year over year • Number of customers contributing more than $ 100,000 in TTM revenue up 131 % year over year • Second quarter GAAP operating margin of 28.8 % and non - GAAP operating margin of 41.6 % SAN JOSE , Calif . , Aug. 30 , 2021 ( GLOBE NEWSWIRE ) -- Zoom Video Communications , Inc. ( NASDAQ : ZM ) today announced financial results for the second fiscal quarter ended July 31 , 2021 . " In Q2 , we achieved our first billion dollar revenue quarter while delivering strong profitability and cash flow , " said Zoom founder and CEO , Eric S. Yuan . " Q2 also marked several milestones on our expansion beyond the UC platform . We launched Zoom Apps , bringing over 50 apps directly into the Zoom experience , and Zoom Events , an all - in - one digital events service . Today we are a global brand counting over half a million customers with more than 10 employees , which we believe positions us extremely well to support organizations and individuals as they look to reimagine work , communications , and collaboration . " Second Quarter Fiscal Year 2022 Financial Highlights : • Revenue : Total revenue for the second quarter was $ 1,021.5 million , up 54 % year over year . • Income from Operations and Operating Margin : GAAP income from operations for the second quarter was $ 294.6 million , up from $ 188.1 million in the second quarter of fiscal year 2021. After adjusting for stock - based compensation expense and related payroll taxes , acquisition - related expenses , and expenses related to charitable donation of common stock , non - GAAP income from operations for the second quarter was $ 424.7 million , up from $ 277.0 million in the second quarter of fiscal year 2021. For the second quarter , GAAP operating margin was 28.8 % and non - GAAP operating margin was 41.6 % . • Net Income and Diluted Net Income Per Share : GAAP net income attributable to common stockholders for the second quarter was $ 316.9 million , or $ 1.04 per share , up from $ 185.7 million , or $ 0.63 per share in the second quarter of fiscal year 2021 . Non - GAAP net income for the quarter was $ 415.1 million , after adjusting for stock - based compensation expense and related payroll taxes , acquisition - related expenses , gains on strategic investments , undistributed earnings attributable to participating securities , and expenses related to charitable donation of common stock . Non - GAAP net income per share was $ 1.36 . In the second quarter of fiscal year 2021 , non - GAAP net income was $ 274.8 million , or $ 0.92 per share . • Cash and Marketable Securities : Total cash , cash equivalents , and marketable securities , excluding restricted cash , as of July 31 , 2021 was $ 5.1 billion . • Cash Flow : Net cash provided by operating activities was $ 468.0 million for the second quarter , compared to $ 401.3 million in the second quarter of fiscal year 2021. Free cash flow , which is net cash provided by operating activities less purchases of property and equipment , was $ 455.0 million , compared to $ 373.4 million in the second quarter of fiscal year 2021 . Customer Metrics : Drivers of total revenue included acquiring new customers and expanding across existing customers . At the end of the second quarter of fiscal year 2022 , Zoom had : • 2,278 customers contributing more than $ 100,000 in trailing 12 months revenue , up approximately 131 % from the same quarter last fiscal year . • Approximately 504,900 customers with more than 10 employees , up approximately 36 % from the same quarter last fiscal year . • A trailing 12 - month net dollar expansion rate in customers with more than 10 employees above 130 % for the 13th consecutive quarter . Financial Outlook : Zoom is providing the following guidance for its third quarter fiscal year 2022 and its full fiscal year 2022 . • Third Quarter Fiscal Year 2022 : Total revenue is expected to be between $ 1.015 billion and $ 1.020 billion and non - GAAP income from operations is expected to be between $ 340.0 million and $ 345.0 million . Non - GAAP diluted EPS is expected