1、 2026 Zoom Communications,Inc.Zoom CommunicationsQ4 FY26 EarningsFebruary 25,2026Key:ready for review in progress stale DO NOT REVIEWReviewers|=added to doc|=reviewedPR&Kim S Accounting(incl Kim M)FP&A ICR Michelle Legal Eric 2026 Zoom Communications,Inc.In addition to the financials presented in ac
2、cordance with U.S.generally accepted accounting principles(GAAP),this presentation includes the following non-GAAP metrics:Revenue in Constant Currency,non-GAAP gross profit,non-GAAP gross margin,non-GAAP R&D expense,non-GAAP S&M expense,non-GAAP G&A expense,non-GAAP operating margin,non-GAAP income
3、 from operations,non-GAAP net income per share or EPS,free cash flow and free cash flow margin.Non-GAAP metrics have limitations as analytical tools and you should not consider them in isolation or as a substitute for or superior to the most directly comparable financial measures prepared in accorda
4、nce with U.S.GAAP.There are a number of limitations related to the use of non-GAAP metrics versus their nearest GAAP equivalents.Other companies,including companies in our industry,may calculate non-GAAP metrics differently or may use other measures to evaluate their performance,all of which could r
5、educe the usefulness of our non-GAAP metrics as tools for comparison.We urge you to review the reconciliation of Zooms non-GAAP metrics to the most directly comparable GAAP financial measures,and not to rely on any single financial measure to evaluate our business.See the Appendix for reconciliation
6、 between each non-GAAP metric and the most comparable GAAP measure.Use of non-GAAP financial measures 2026 Zoom Communications,Inc.This presentation and the accompanying oral presentation contain express and implied“forward-looking statements within the meaning of the Private Securities Litigation R