Zoom Video Communications reported total revenue of $128 million for the second quarter of fiscal 2027, up 4.9% year on year, with growth in the Enterprise segment driving an increase in its full-year outlook. Enterprise accounted for 62% of total revenue, with the expansion of AI capabilities and an increase in long-term contracts supporting growth. The Online segment is expected to remain flat.
Zoom's total revenue for the second quarter of fiscal 2027 was $128 million, up 4.9% year on year. The Enterprise segment led growth and accounted for 62% of revenue. Non-GAAP operating income was $510 million, with a non-GAAP operating margin of 40.0%, and EPS was $1.55.
By region, the Americas increased 6%, EMEA increased 2% and APAC increased 4%. Deferred revenue rose to $1.60 billion, while RPO expanded to approximately $4.5 billion, confirming the continued contribution of a diverse range of new and existing customer contracts to revenue over the past 12 months. Zoom repurchased approximately $35.2 million of its shares, bringing cumulative repurchases to $3.4 billion.
Growth in the Enterprise segment was supported by the monetization of AI and the extension of multi-product contracts, while Zoom Phone ARR continued to grow. Workvivo ARR surpassed $100 million, and AI-native capabilities were introduced in Workvivo HQ. Zoom CX ARR maintained strong double-digit growth, and the number of deals with seven-figure ARR reached a record high.
Full-year fiscal 2027 guidance was raised to revenue of $5.0085-$5.0995 billion, non-GAAP operating income of approximately $2.065-$2.075 billion, non-GAAP diluted EPS of $6.08-$6.12 and free cash flow of $17.8-$18.2 billion. Strong growth in the Enterprise segment is expected to support results while the outlook for the Online segment remains flat.