Comparing the current results to its competitors, Zoom Communications Inc reported Revenue increase in the 2 quarter 2026 by 4.94 % year on year. The revenue growth was below Zoom Communications Inc 's competitors' average revenue growth of 17.05 %, achieved in the same quarter.
Zoom Communications Inc Net Income in the 2 quarter 2026 grew year on year by 330.14%, faster than the Zoom Communications Inc 's competitors average income growth of 81.2 %
Zoom Communications Inc 's Comment on Competition and Industry Peers
The markets in which we operate are highly competitive. We face competition from legacy web-based meeting services providers, including Cisco Webex and GoTo, bundled productivity solution providers with video functionality, including Google Workspace and Microsoft Teams, and UCaaS and legacy PBX providers, including 8x8, Avaya, and RingCentral, as well as consumer-facing platforms that can support small- or medium-sized businesses, including Amazon, Apple, and Facebook. Additionally, as we build out Zoom Contact Center, we may face additional competition, including from Five9, Inc., Genesys and NICE inContact.
Overall company revenue, grew less, than total company revenues, at 4.94 % and company approximately market share, declined to 0.28 %. << More on ZM Market Share.
*Market share is calculated based on total revenue.
October 28, 2025
In an era where digital transformation is redefining the contours of how businesses operate, Zoom Video Communications, Inc. (NASDAQ: ZM) has emerged as a formidable player with its innovative approaches to enterprise communication. Partnering with NVIDIA, a leader in graphics processing and AI computing, Zoom is pioneering a new era of customizable artificial intelligence tailored specifically for enterprise needs. This collaboration marks a significant milestone in enhancing communication systems for multinational organizations and underscores the urgent need for robust and adaptable technological solutions in today’s fast-paced business environment. The Advent of Customizable AI for EnterprisesThe corne...
November 20, 2024
Jenne, Inc. and Zoom: A Game-Changing Partnership Redefining Unified Communications In an era where technological advancement dictates the rhythm of business, Jenne, Inc. a leading value-added distributor of technology products and solutions, has made a bold move to elevate its offerings. The company is thrilled to announce its latest collaboration with Zoom Video Communications, Inc. (NASDAQ: ZM), a name synonymous with virtual connectivity and seamless communication. This partnership aims to redefine the landscape of unified communications, paving the way for resellers and their customers to thrive in a modern, flexible work environment.With the recent surge in demand for cohesive communication tools accel...
May 21, 2024
In a significant move, Zoom Video Communications Inc has reinforced its commitment to user security with the inclusion of post-quantum end-to-end encryption in Zoom Workplace. Through the recent development, Zoom has become the first UCaaS (Unified Communications as a Service) provider to offer this advanced security feature, further enhancing its reputation as a reliable and secure video conferencing platform.Enhanced Security Measures with Post-Quantum Encryption:Zoom s introduction of post-quantum end-to-end encryption, now available for Zoom Meetings as well, serves as a landmark achievement for the company. With rising concerns about data privacy and protection, incorporating this cutting-edge encryptio...
March 25, 2024
In a game-changing move that further strengthens its position as a leading provider of video collaboration tools, Zoom announced the availability of its AI-powered collaboration platform, Zoom Workplace, on AWS Marketplace. This strategic partnership allows customers to effortlessly find, test, purchase, and deploy Zoom Workplace products alongside thousands of software listings from independent vendors running on Amazon Web Services (AWS).Zoom Workplace encompasses a comprehensive suite of products, including Meetings, Team Chat, Phone, Whiteboard, Spaces, as well as Zoom Contact Center and Revenue Accelerator. With its arrival on AWS Marketplace, customers gain a seamless and intuitive experience, enabling...
Paltalk Inc's business model revolves around providing video chat and messaging services to individuals and businesses. They generate revenue through various means, including advertising, subscription fees for premium features, and virtual gift purchases within the platform.
Microsoft Corporation operates as a multinational technology company focused on software development, licensing, and related services. Its business model includes the creation and distribution of software products like operating systems and productivity suites, along with cloud-based solutions. Revenue is generated through hardware sales (such as gaming consoles), advertising, and consulting services.
Sources:
Zoom Communications Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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