ZM · Zoom Video Communications, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '27 | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.24B | $1.17B | $1.23B | $1.22B | $1.14B | $1.18B | $1.16B | $1.11B | $1.14B | $1.14B |
| Cost of Revenue | $274.29M | $278.40M | $271.77M | $273.17M | $273.30M | $283.88M | $285.09M | $263.95M | $270.99M | $266.56M |
| Gross Profit | $964.72M | $896.31M | $958.07M | $944.06M | $867.93M | $893.66M | $877.43M | $841.42M | $865.74M | $872.12M |
| R&D | $227.93M | $205.42M | $210.10M | $206.45M | $205.56M | $222.98M | $206.76M | $209.27M | $196.83M | $191.80M |
| SG&A | $96.27M | $102.33M | $94.74M | $76.89M | $111.34M | $126.14M | $109.53M | $199.90M | $125.14M | $129.32M |
| Total Operating Expenses | $654.25M | $654.72M | $647.65M | $622.33M | $664.91M | $710.82M | $675.06M | $831.67M | $696.35M | $694.50M |
| D&A | $32.78M | $35.32M | $29.10M | $28.90M | $26.67M | $23.50M | $22.60M | $24.08M | $23.50M | $22.60M |
| Operating Income | $310.47M | $241.59M | $310.41M | $321.74M | $203.02M | $182.84M | $202.37M | $9.74M | $169.39M | $177.62M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $105.94M | $61.16M | $181.84M | $89.57M | $75.66M | $73.36M | $73.87M | $27.79M | $44.61M | $68.40M |
| Net Income | $425.68M | $254.60M | $612.87M | $358.59M | $216.31M | $207.05M | $219.01M | $15.44M | $141.21M | $181.97M |
| EPS - Basic | $1.45 | $0.84 | $2.05 | $1.19 | $0.70 | $0.67 | $0.71 | $0.05 | $0.47 | $0.61 |
| EPS - Diluted | $1.42 | $0.81 | $2.01 | $1.16 | $0.69 | $0.66 | $0.70 | $0.05 | $0.45 | $0.59 |
Balance Sheet
| Line item | Q1 '27 | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $890.94M | $1.27B | $1.22B | $1.20B | $1.35B | $1.27B | $1.54B | $1.56B | $1.49B | $1.38B |
| Accounts Receivable | $467.81M | $497.34M | $417.69M | $516.80M | $495.23M | $458.01M | $528.24M | $536.08M | $514.04M | $571.05M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $18.70M | $6.27M | $12.84M | $11.62M | $8.35M | $8.54M | $10.61M | $10.18M | $14.43M | $20.85M |
| Current Assets | $8.58B | $8.66B | $8.71B | $8.66B | $8.68B | $8.53B | $8.40B | $7.93B | $7.48B | $7.05B |
| Total Assets | $12.16B | $11.96B | $11.39B | $11.04B | $10.99B | $10.68B | $10.51B | $9.93B | $9.32B | $8.92B |
| Current Liabilities | $2.03B | $2.00B | $1.96B | $1.95B | $1.90B | $1.85B | $1.84B | $1.76B | $1.75B | $1.77B |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $2.19B | $2.15B | $2.10B | $2.09B | $2.05B | $2.00B | $1.98B | $1.91B | $1.90B | $1.92B |
| Stockholders' Equity | $9.97B | $9.81B | $9.29B | $8.95B | $8.94B | $8.68B | $8.53B | $8.02B | $7.41B | $7.00B |
| Retained Earnings | $6.13B | $5.70B | $5.03B | $4.41B | $3.80B | $3.43B | $3.22B | $2.79B | $2.49B | $2.35B |
Cash Flow
| Line item | Q1 '27 | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $521.61M | $489.26M | - | - | $588.19M | - | - | $418.49M | - | - |
| Investing Cash Flow | ($480.72M) | ($125.13M) | - | - | ($107.82M) | - | - | ($480.79M) | - | - |
| Financing Cash Flow | ($394.11M) | ($490.53M) | - | - | ($142.45M) | - | - | $7.02M | - | - |
| CapEx | $21.11M | $25.91M | - | - | $18.51M | - | - | $21.83M | - | - |
| Free Cash Flow | $500.50M | $463.35M | - | - | $569.68M | - | - | $396.66M | - | - |
Ratios
| Metric | Q1 '27 | Q1 '26 | Q3 '26 | Q2 '26 | Q1 '25 | Q3 '25 | Q2 '25 | Q1 '24 | Q3 '24 | Q2 '24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 77.9% | 76.3% | 77.9% | 77.6% | 76.1% | 75.9% | 75.5% | 76.1% | 76.2% | 76.6% |
| Operating margin | 25.1% | 20.6% | 25.2% | 26.4% | 17.8% | 15.5% | 17.4% | 0.9% | 14.9% | 15.6% |
| EBITDA margin | 27.7% | 23.6% | 27.6% | 28.8% | 20.1% | 17.5% | 19.4% | 3.1% | 17.0% | 17.6% |
| Net margin | 34.4% | 21.7% | 49.8% | 29.5% | 19.0% | 17.6% | 18.8% | 1.4% | 12.4% | 16.0% |
| Free cash flow margin | 40.4% | 39.4% | - | - | 49.9% | - | - | 35.9% | - | - |
| FCF / Net income | 1.18 | 1.82 | - | - | 2.63 | - | - | 25.68 | - | - |
| R&D / Revenue | 18.4% | 17.5% | 17.1% | 17.0% | 18.0% | 18.9% | 17.8% | 18.9% | 17.3% | 16.8% |
| SG&A / Revenue | 7.8% | 8.7% | 7.7% | 6.3% | 9.8% | 10.7% | 9.4% | 18.1% | 11.0% | 11.4% |
| Effective tax rate | 19.9% | 19.4% | 22.9% | 20.0% | 25.9% | 26.2% | 25.2% | 64.3% | 24.0% | 27.3% |
| Return on assets | 3.5% | 2.1% | 5.4% | 3.2% | 2.0% | 1.9% | 2.1% | 0.2% | 1.5% | 2.0% |
| Return on equity | 4.3% | 2.6% | 6.6% | 4.0% | 2.4% | 2.4% | 2.6% | 0.2% | 1.9% | 2.6% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 4.22 | 4.33 | 4.45 | 4.45 | 4.56 | 4.60 | 4.56 | 4.50 | 4.27 | 3.99 |
| Quick ratio | 4.22 | 4.33 | 4.45 | 4.45 | 4.56 | 4.60 | 4.56 | 4.50 | 4.27 | 3.99 |
| Cash ratio | 0.44 | 0.64 | 0.62 | 0.62 | 0.71 | 0.69 | 0.84 | 0.88 | 0.85 | 0.78 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 1.22 | 1.22 | 1.23 | 1.23 | 1.23 | 1.23 | 1.23 | 1.24 | 1.26 | 1.27 |
| Liabilities / Assets | 0.18 | 0.18 | 0.18 | 0.19 | 0.19 | 0.19 | 0.19 | 0.19 | 0.20 | 0.22 |
| Efficiency | ||||||||||
| Asset turnover | 0.10 | 0.10 | 0.11 | 0.11 | 0.10 | 0.11 | 0.11 | 0.11 | 0.12 | 0.13 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 138d | 155d | 124d | 155d | 158d | 142d | 166d | 177d | 165d | 183d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 25d | 8d | 17d | 16d | 11d | 11d | 14d | 14d | 19d | 29d |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 68.4x | 113.7x | 43.4x | 63.8x | 126.0x | 113.2x | 86.3x | 1292.2x | 133.3x | 124.3x |
| P / B | 2.9x | 2.9x | 2.9x | 2.6x | 3.1x | 2.7x | 2.2x | 2.5x | 2.5x | 3.2x |
| P / S | 23.5x | 24.5x | 21.6x | 18.8x | 24.0x | 19.9x | 16.3x | 17.8x | 16.4x | 19.7x |
| EV / EBITDA | 82.4x | 99.4x | 74.8x | 61.7x | 113.5x | 107.6x | 77.5x | 534.9x | 88.8x | 105.2x |
| Growth | ||||||||||
| Revenue growth (YoY) | 5.5% | 2.9% | 4.4% | 4.7% | 3.2% | 3.6% | 2.1% | 2.9% | 3.2% | 3.6% |
| Revenue CAGR (3y) | 3.9% | 3.0% | 3.7% | 3.5% | 6.1% | 3.9% | 4.4% | 49.9% | 13.5% | 19.7% |
| Revenue CAGR (5y) | 5.3% | 29.1% | 9.6% | 12.9% | 80.2% | 47.9% | 73.2% | - | - | - |
| Gross profit growth (YoY) | 7.6% | 3.3% | 7.2% | 7.6% | 3.2% | 3.2% | 0.6% | 3.6% | 4.2% | 5.6% |
| Operating income growth (YoY) | 28.5% | 19.0% | 69.8% | 59.0% | 1984.0% | 7.9% | 13.9% | -94.8% | 154.7% | 45.9% |
| Net income growth (YoY) | 67.2% | 17.7% | 196.0% | 63.7% | 1300.6% | 46.6% | 20.4% | -86.4% | 192.0% | 297.8% |
| EPS growth (YoY) | 75.3% | 17.4% | 204.5% | 65.7% | 1280.0% | 46.7% | 18.6% | -86.5% | 181.3% | 293.3% |
| EPS CAGR (3y) | 205.1% | 29.8% | 132.5% | 97.8% | -2.3% | -15.9% | -12.4% | -17.8% | -12.0% | -2.2% |
| EPS CAGR (5y) | 13.9% | 55.2% | 24.9% | 13.0% | - | - | 103.6% | - | - | - |
| FCF growth (YoY) | 8.0% | -18.7% | - | - | 43.6% | - | - | -20.8% | - | - |
| FCF CAGR (5y) | 2.0% | 13.0% | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 1.7% | 9.8% | 7.0% | 5.0% | 11.4% | 17.1% | 21.7% | 29.2% | 28.8% | 16.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2026-01-31.
Business segments
$4.87B totalReportable Segment$4.87B · 100.0%
Geographic
$4.87B totalAmericas$3.51B · 72.1%
EMEA$769.91M · 15.8%
Asia Pacific$590.71M · 12.1%
Peer comparison
Same SIC group: Services-Computer Programming, Data Processing, Etc.
Comparing Zoom Video Communications against the 5 most active filers in the same SIC group.