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Zoom Communications, Inc. logo

Zoom Communications, Inc.

ZM

NASDAQTechnologySoftware - Application

Open in GoAI

Previous close

$107.43

+$1.13 · +1.06%

Aug 21, 4:00 PM ET

ZM company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

97

Deep Value

Momentum

45

Neutral

Sentiment

67

Bullish

Risk resilience

55

Elevated Risk

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Zoom Communications, Inc. provides a robust platform for enhancing communication and fostering collaboration. The company's global reach is organized into three primary operational regions: the Americas, the Asia Pacific, and Europe, the Middle East, and Africa (EMEA). Eric S. Yuan founded the enterprise in 2011, and its corporate headquarters are situated in San Jose, California.

Industry
Software - Application
Sector
Technology
Headquarters
US
CEO
Eric S. Yuan
Listed since
Apr 18, 2019
Employees
7,438

Market position

Day range

Current $107.43

52-week range

Current $107.43

Open
$106.4
Previous close
$106.3
Volume
2.71M
0.66× average
Average volume
4.1M
Average daily volume
Market cap
31.5B USD
Beta
1.04
Market reference 1
50-day average
$93.8666
+14.45% above average
200-day average
$89.674
+19.80% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
26.46B USD
P/E (TTM)
15.48×
P/B (TTM)
3.17×
P/S (TTM)
6.39×
EV / EBITDA
10.36×
Earnings yield
6.87%
Free cash flow yield
6.95%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
77.40%
Operating margin
24.17%
Net margin
41.99%
Return on equity
19.37%
Return on assets
15.89%
Return on invested capital
8.82%

Financial health

Debt / equity
0.01×
Current ratio
4.33×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends84%55%25%-5%Gross margin, FY2022: 74.28%Gross margin, FY2023: 74.95%Gross margin, FY2024: 76.19%Gross margin, FY2025: 75.79%Gross margin, FY2026: 77.02%Operating margin, FY2022: 25.94%Operating margin, FY2023: 5.59%Operating margin, FY2024: 11.60%Operating margin, FY2025: 17.43%Operating margin, FY2026: 23.08%Net margin, FY2022: 33.55%Net margin, FY2023: 2.36%Net margin, FY2024: 14.08%Net margin, FY2025: 21.65%Net margin, FY2026: 39.03%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 74.28%. Gross margin FY2023 74.95%. Gross margin FY2024 76.19%. Gross margin FY2025 75.79%. Gross margin FY2026 77.02%. Operating margin FY2022 25.94%. Operating margin FY2023 5.59%. Operating margin FY2024 11.60%. Operating margin FY2025 17.43%. Operating margin FY2026 23.08%. Net margin FY2022 33.55%. Net margin FY2023 2.36%. Net margin FY2024 14.08%. Net margin FY2025 21.65%. Net margin FY2026 39.03%.

Income trends

Revenue

4.87B USD+4.36%

Operating income

1.12B USD+38.16%

Net income

1.9B USD+88.09%
Income trends across reported periods5.35B USD3.44B USD1.53B USD−372.79M USDRevenue, FY2022: 4.1B USDRevenue, FY2023: 4.39B USDRevenue, FY2024: 4.53B USDRevenue, FY2025: 4.67B USDRevenue, FY2026: 4.87B USDOperating income, FY2022: 1.06B USDOperating income, FY2023: 245.43M USDOperating income, FY2024: 525.28M USDOperating income, FY2025: 813.3M USDOperating income, FY2026: 1.12B USDNet income, FY2022: 1.38B USDNet income, FY2023: 103.71M USDNet income, FY2024: 637.46M USDNet income, FY2025: 1.01B USDNet income, FY2026: 1.9B USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 4.1B USD. Revenue FY2023 4.39B USD. Revenue FY2024 4.53B USD. Revenue FY2025 4.67B USD. Revenue FY2026 4.87B USD. Operating income FY2022 1.06B USD. Operating income FY2023 245.43M USD. Operating income FY2024 525.28M USD. Operating income FY2025 813.3M USD. Operating income FY2026 1.12B USD. Net income FY2022 1.38B USD. Net income FY2023 103.71M USD. Net income FY2024 637.46M USD. Net income FY2025 1.01B USD. Net income FY2026 1.9B USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue4.87B USD4.67B USD4.53B USD4.39B USD4.1B USD
Cost of goods sold1.12B USD1.13B USD1.08B USD1.1B USD1.05B USD
Gross profit3.75B USD3.54B USD3.45B USD3.29B USD3.05B USD
Research and development844.88M USD852.42M USD803.19M USD774.06M USD362.99M USD
Selling, general, and administrative1.78B USD1.87B USD2.12B USD2.27B USD1.62B USD
Operating expenses2.63B USD2.72B USD2.92B USD3.05B USD1.98B USD
Depreciation and amortization132.83M USD122.63M USD104.45M USD82.32M USD48.19M USD
Operating income1.12B USD813.3M USD525.28M USD245.43M USD1.06B USD
Net income1.9B USD1.01B USD637.46M USD103.71M USD1.38B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
91%
10 beats, 1 miss, 0 met estimates
Average EPS surprise
+10.58%
11 comparable reports
Latest EPS result
1.55
Estimate 1.42 · Beat by 9.15%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.611.491.361.24Q4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Nov 25, 2024: actual 1.38, estimate 1.31, surprise +5.34%, Beat. Q1 2025, reported Feb 24, 2025: actual 1.41, estimate 1.3, surprise +8.46%, Beat. Q2 2025, reported May 21, 2025: actual 1.43, estimate 1.31, surprise +9.16%, Beat. Q3 2025, reported Aug 21, 2025: actual 1.53, estimate 1.38, surprise +10.87%, Beat. Q4 2025, reported Nov 24, 2025: actual 1.52, estimate 1.44, surprise +5.56%, Beat. Q1 2026, reported Feb 25, 2026: actual 1.44, estimate 1.49, surprise -3.36%, Miss. Q2 2026, reported May 21, 2026: actual 1.55, estimate 1.42, surprise +9.15%, Beat. Q3 2026, reported Aug 25, 2026: actual —, estimate 1.48, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.32B1.25B1.18B1.11BQ4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Nov 25, 2024: actual 1.18B USD, estimate 1.16B USD, surprise +1.23%, Beat. Q1 2025, reported Feb 24, 2025: actual 1.18B USD, estimate 1.18B USD, surprise +0.47%, Beat. Q2 2025, reported May 21, 2025: actual 1.17B USD, estimate 1.17B USD, surprise +0.72%, Beat. Q3 2025, reported Aug 21, 2025: actual 1.22B USD, estimate 1.2B USD, surprise +1.58%, Beat. Q4 2025, reported Nov 24, 2025: actual 1.23B USD, estimate 1.21B USD, surprise +1.25%, Beat. Q1 2026, reported Feb 25, 2026: actual 1.25B USD, estimate 1.23B USD, surprise +1.04%, Beat. Q2 2026, reported May 21, 2026: actual 1.24B USD, estimate 1.22B USD, surprise +1.21%, Beat. Q3 2026, reported Aug 25, 2026: actual —, estimate 1.27B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$118.92

10.70% upside
Past 12 months12-month forecastHigh $133Average $118.92Low $104

Rating distribution

49 ratings
Strong buy00%
Buy1939%
Hold2755%
Sell36%
Strong sell00%

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ETFs holding ZM

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
769.15M
Weight
0.03%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Mid-Cap ETF logoVanguard Morningstar Mid-Cap ETFVO
Market value
522.73M
Weight
0.23%
AUM
224.7B USD
Expense ratio
0.03%
Price / 1D
$82.97+0.53%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
294.31M
Weight
0.31%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Vanguard Morningstar Value ETF logoVanguard Morningstar Value ETFVTV
Market value
230.01M
Weight
0.09%
AUM
256.5B USD
Expense ratio
0.03%
Price / 1D
$226.4+0.54%
Vanguard Information Technology ETF logoVanguard Information Technology ETFVGT
Market value
227.08M
Weight
0.14%
AUM
160.2B USD
Expense ratio
0.09%
Price / 1D
$118.42+0.05%
VictoryShares Free Cash Flow ETF logoVictoryShares Free Cash Flow ETFVFLO
Market value
160.15M
Weight
1.49%
AUM
10.72B USD
Expense ratio
0.44%
Price / 1D
$55.45+0.69%
Vanguard Morningstar Mid-Cap Value ETF logoVanguard Morningstar Mid-Cap Value ETFVOE
Market value
155.49M
Weight
0.40%
AUM
38.6B USD
Expense ratio
0.05%
Price / 1D
$208.64+0.35%
iShares Expanded Tech-Software Sector ETF logoiShares Expanded Tech-Software Sector ETFIGV
Market value
135.75M
Weight
0.97%
AUM
14.26B USD
Expense ratio
0.38%
Price / 1D
$103.37+1.43%

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