Zoom Communications (ZM) Capital Expenditures (2018 - 2026)
Zoom Communications (ZM) posted quarterly Capital Expenditures of $16.1 million for Q1 2026, up 92.9% year-over-year from $8.3 million in Q1 2025, and up 7.11% quarter-over-quarter from $15.0 million in Q4 2025.
Zoom Communications (ZM) Capital Expenditures (2018 - 2026) Analysis & Trends
Zoom Communications (ZM) has reported Capital Expenditures for 9 consecutive years, with $16.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Capital Expenditures rose 92.9% year-over-year to $16.1 million; the TTM figure through Jan 2026 stood at $65.0 million (down 52.43% YoY), while the FY2026 annual figure was $65.0 million, down 52.43% from the prior year.
- Capital Expenditures grew to $16.1 million in Q1 2026 per ZM's latest filing, from $15.0 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $84.2 million in Q3 2024 and bottomed at -$98.1 million in Q1 2022.
- Historically, Capital Expenditures has averaged $19.7 million across 5 years, with a median of $22.7 million in 2022.
- Annual changes were most pronounced in 2022 — Capital Expenditures slumped 308.65% — and 2023, when it jumped 128.81%.
- Zoom Communications' Capital Expenditures stood at $22.7 million in 2022, then jumped by 76.17% to $40.0 million in 2023, then sank by 36.27% to $25.5 million in 2024, then plunged by 41.1% to $15.0 million in 2025, then gained by 7.11% to $16.1 million in 2026.
- Business Quant data shows ZM's Capital Expenditures at $16.1 million in Q1 2026, $15.0 million in Q4 2025, and $8.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | -411.48 Mn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 4.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 145.00 Mn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 70.00 Mn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 114.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 10.45 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 72.80 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 58.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 64.00 Mn |
| 10 | Zoom Communications | 31.31 Bn | 23.50 Bn | 951.29 Mn | 16.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 16.08 Mn |
| Jan 31, 2026 | 16.08 Mn |
| Oct 31, 2025 | 15.01 Mn |
| Oct 31, 2025 | 15.01 Mn |
| Jul 31, 2025 | 7.97 Mn |
| Jul 31, 2025 | 7.97 Mn |
| Apr 30, 2025 | 25.91 Mn |
| Apr 30, 2025 | 25.91 Mn |
| Jan 31, 2025 | 8.33 Mn |
| Jan 31, 2025 | 8.33 Mn |
| Oct 31, 2024 | 25.48 Mn |
| Oct 31, 2024 | 25.48 Mn |
| Jul 31, 2024 | 84.23 Mn |
| Jul 31, 2024 | 84.23 Mn |
| Apr 30, 2024 | 18.51 Mn |
| Apr 30, 2024 | 18.51 Mn |
| Jan 31, 2024 | 18.54 Mn |
| Jan 31, 2024 | 18.54 Mn |
| Oct 31, 2023 | 39.99 Mn |
| Oct 31, 2023 | 39.99 Mn |