Zoom has three revenue streams. The first is its subscription services, its rental of hardware solutions, and its add-on services. The company generated $622.7 million in revenues in 2020 with a net profit of $21.7 million. It saw more than a 300% increase in 2021 with $2.65 billion in revenues.
Does Zoom make a profit?
Zoom has been profitable for four years and has increased its net income each year. In 2021, it made over $1 billion in profit.
Zoom annual net income 2018 to 2021 ($mm)
How many users does Zoom have 2022?
Zoom has 300 million users that participate in meetings daily as of 2022. The service experienced significant growth in 2020 during the peak of the COVID-19 pandemic, and hasn’t lost its popularity yet.
What is the revenue of Zoom?
3.05 billion USD (2022)
Zoom Video Communications / Revenue