Tom Champion's questions to Vimeo Inc (VMEO) leadership • Q2 2025
Question
Tom Champion inquired about the outlook for returning the enterprise customer count to growth in the second half of the year, potential impacts from macroeconomic turmoil, and whether changes in the search landscape are affecting the enterprise business. He also asked for an update on the company's investment plans for the year, particularly regarding R&D.
Answer
CEO Philip Moyer stated that while some customers churn, Vimeo is successfully winning new enterprise clients and refining its packaging to create a seamless upgrade path from self-serve. He acknowledged minor macroeconomic challenges but emphasized Vimeo's strong value proposition. Regarding search, he noted that while the environment is challenging, Vimeo's ad spend is highly efficient, and new AI tools are being developed to help customers with SEO. CFO Gillian Munson explained that the company is investing more efficiently than anticipated, allowing for an increase in the full-year adjusted EBITDA guidance without reducing investment enthusiasm. Moyer added that product and codebase consolidation is also driving efficiency and accelerating the pace of innovation.