Zoom once again quadrupled its revenue year over year

The Verge

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Illustration by Alex Castro / The Verge

Zoom is doing pretty well. The company reported $777.2 million in revenue during its third quarter, well over 4x its revenue from the same quarter last year. That’s now two quarters in a row that Zoom’s revenue has quadrupled. Zoom expects to quadruple its revenue year over year once again in the fourth quarter.

The immense success should come as no surprise. Zoom became the go-to videoconferencing app at the start of the pandemic, and it’s managed to hold on to that spot even as other services — like Google Meet, Slack, and Microsoft Teams — have increasingly vied for attention.

Zoom doesn’t state how many users it has in total, but its metrics around paying customers continue to grow. The company now has 433,700 subscribers with more...

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