Zoom reports Q1 FY2027 revenue up 5.5%, strong AI user growth, and raises share buyback by $1B

Zoom Communications reported a 5.5% year-over-year revenue increase to $1.239 billion in Q1 FY2027, driven by strong enterprise sales and AI adoption. AI Companion paid users grew 184% year-over-year, highlighting Zoom's focus on AI-driven work solutions. The company also raised its stock repurchase authorization by $1 billion, signaling confidence in future growth. Zoom projects continued revenue growth and profitability for FY2027, emphasizing AI innovation and customer expansion.