Zoom Raises Full-Year Outlook After Q2 Earnings Beat Driven by Enterprise Growth

Key Facts

In a move that signals operational strength despite market volatility, Zoom Video Communications reported second-quarter earnings that surpassed analyst expectations. The company posted earnings per share (EPS) of $1.55, beating the $1.48 consensus, on total revenue of $1.28 billion. While management issued conservative guidance for the third quarter, the overall sentiment was bolstered by the company raising its full-year financial outlook, suggesting confidence in its long-term scale.

The quarterly growth was primarily fueled by the enterprise segment, which expanded 7.8% year-over-year to $787.50 million, contributing to a 4.9% rise in total revenue. Per market data, ZM shares closed at $104.83 on August 24, 2026. These results arrive as tech investors weigh corporate performance against macroeconomic signals, including the UK's CPI holding at 2.9% and the latest insights from the Federal Reserve's meeting minutes.

Technically, ZM shares are trading near a support level of $103.01, based on the low hit during the session ending August 24, 2026, where the price closed at $104.83. With no major catalysts listed in the economic calendar for the coming week, the stock's trajectory will likely depend on whether the upward revision to full-year guidance can offset the immediate impact of the soft Q3 outlook.