Zoom 4Q22 Pre-Earnings Report

By Jeremy Scott, Director of Research

The impending return to office presents an interesting challenge for Zoom as it works to gain market share just as companies adopt a hybrid model. But… 

  • Active client domains continue to decelerate from last year’s highs but are more stable over a 2-year basis. 
  • Within small accounts (<10 employees) make up more than ⅓ of revenue, no-touch conversions continue to decline.

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zoom no-touch conversions (top countries)
Jeremy Scott is the Director of Research for Similarweb’s Investor Solutions. Prior to Similarweb, Jeremy was a Director and Senior Research Analyst at Mizuho covering Food, Restaurants & Delivery. He has worked in similar roles at CLSA and Morgan Stanley. Jeremy brings nearly a decade of sell-side experience to Similarweb and specializes in building robust predictive models for complex industries in order to generate investment opportunities for clients. He is a graduate of Lafayette College and a CFA charter holder.

Jeremy Scott

Director or Research, Similarweb Investor Analytics