Zoom Communications (ZM) Capital Expenditures (2018 - 2026)
Zoom Communications (ZM) reported Capital Expenditures of $16.08 million for fiscal Q4 2026 (quarter ended Jan 31, 2026), up 92.9% from $8.33 million a year earlier and up 7.1% from the prior quarter.
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Analysis
Zoom Communications (ZM) Capital Expenditures (2018 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Zoom Communications posted Capital Expenditures of $64.96 million, down 52.4% from FY2025.
- Capital Expenditures has a five-year compound annual growth rate of -4.1% (FY2021 to FY2026).
- By fiscal year, Capital Expenditures came in at $136.56 million in FY2025 (+7.6%), $126.95 million in FY2024 (+22.3%), $103.83 million in FY2023 (-21.7%) and $132.59 million in FY2022 (+65.8%).
- Five-year quarterly Capital Expenditures spans a low of $7.97 million in fiscal Q2 2026 and a high of $84.23 million in fiscal Q2 2025.
- Year over year, Capital Expenditures gained in three of the last eight quarters, with an average decline of 3.1%.
- The high point for year-over-year Capital Expenditures in five years was fiscal Q1 2022 (growth of 987.4%); the low point was fiscal Q2 2026 (a decline of 90.5%).
- Per Business Quant data, the three fiscal quarters before Q4 2026 came in at $15.01 million (Q3 2026), $7.97 million (Q2 2026) and $25.91 million (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 85.00 Mn |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 4.45 Mn |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 3.07 Mn |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 14.00 Mn |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | - |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | - |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 3.30 Mn |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | -17.21 Mn |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 10.59 Mn |
| 10 | Open Text | 5.38 Bn | 813.39 Mn | 1.01 Bn | 63.83 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 16.08 Mn |
| Oct 31, 2025 | 15.01 Mn |
| Jul 31, 2025 | 7.97 Mn |
| Apr 30, 2025 | 25.91 Mn |
| Jan 31, 2025 | 8.33 Mn |
| Oct 31, 2024 | 25.48 Mn |
| Jul 31, 2024 | 84.23 Mn |
| Apr 30, 2024 | 18.51 Mn |
| Jan 31, 2024 | 18.54 Mn |
| Oct 31, 2023 | 39.99 Mn |
| Jul 31, 2023 | 46.60 Mn |
| Apr 30, 2023 | 21.83 Mn |
| Jan 31, 2023 | 28.26 Mn |
| Oct 31, 2022 | 22.70 Mn |
| Jul 31, 2022 | 27.83 Mn |
| Apr 30, 2022 | 25.04 Mn |
| Jan 31, 2022 | 20.77 Mn |
| Oct 31, 2021 | 19.77 Mn |
| Jul 31, 2021 | 12.98 Mn |
| Apr 30, 2021 | 79.07 Mn |
API Access
Zoom Communications Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ZM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "ZM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=ZM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();