Video chat app Zoom has 2,507 customers paying over $100K each

In the ongoing Covid-19 pandemic where remote work and learning took centre-stage, 2,507 customers are now contributing more than $100,000 to video chat app Zoom in trailing 12 months revenue, up approximately 94 per cent from the same quarter last fiscal year.

Zoom now has approximately 512,100 customers with more than 10 employees, up approximately 18 per cent from the same quarter last fiscal year.

Announcing its third quarter results for its fiscal year 2022 late on Monday, Zoom said it total revenue reached $1,050.8 million, up 35 per cent (year over year) and net income was $340.3 million, up from $198.4 million in the third quarter (Q3) of fiscal year 2021.