Zoom Beats Q1 Estimates, AI Companion Users Surge 184%
Zoom posts $1.24B in Q1 revenue, topping estimates as AI Companion adoption explodes and stock jumps 8% after hours.
Zoom just reminded everyone it's not done yet. The company posted Q1 revenue of $1.24 billion, up 5.5% year-over-year and beating the $1.22 billion Wall Street expected.
The real headline: paid users of AI Companion surged 184%. That's a massive acceleration for Zoom's bet on AI-powered workplace tools, and it signals customers are actually buying into the company's push beyond video calls.
Zoom also issued FY 2027 revenue guidance above analyst estimates, projecting continued momentum from its expanding suite of office products. The market liked what it saw — ZM shares popped more than 8% in after-hours trading.
The numbers tell a clear story. Zoom's pivot from pandemic darling to full-stack enterprise platform is gaining traction. AI adoption is doing the heavy lifting, and customers are paying for it.