Zoom's fiscal Q2 2027 results, released August 25, highlighted accelerating enterprise momentum with 7.8% revenue growth—the strongest in three years—alongside strong AI product traction, including 256% year-over-year growth in Zoom Virtual Agent customers and 125% more licensed Workplace AI users. The company beat adjusted EPS and revenue estimates but issued conservative Q3 guidance that weighed on shares, while raising full-year revenue and EPS targets slightly. With $7.2 billion in cash and ongoing share repurchases, management emphasized expanding its AI-first customer experience platform amid competition from broader collaboration suites. Traders monitoring the November earnings call will focus on sustained enterprise net dollar retention, AI adoption metrics, and any updates to competitive positioning or macroeconomic impacts on customer spending.