Zoom Communications (ZM) Capital Expenditures (2018 - 2026)

Zoom Communications (ZM) reported Capital Expenditures of -$33.7 million for Q1 2026, up 68.77% year-over-year from -$20.0 million in Q1 2025, and down 324.41% quarter-over-quarter from $15.0 million in Q4 2025.

Zoom Communications (ZM) Capital Expenditures (2018 - 2026) Analysis & Trends

Zoom Communications (ZM) has 9 years of Capital Expenditures data on file, last reported at -$33.7 million in Q1 2026.

  • Capital Expenditures for Q1 2026 came in at -$33.7 million, up 68.77% year-over-year; the trailing twelve-month figure through Jan 2026 was $15.2 million (down 25.45% YoY), and the FY2026 annual result was $15.2 million, down 25.45% from the prior year.
  • Capital Expenditures retreated to -$33.7 million in Q1 2026 per ZM's latest filing, from $15.0 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $84.2 million in Q3 2024 and troughed at -$107.8 million in Q1 2025.
  • A 5-year average of $16.9 million and a median of $22.7 million in 2022 frame the typical range for Capital Expenditures.
  • The sharpest annual moves came in 2022 and 2025: Capital Expenditures surged 186.55% in 2022, then sank 681.62% in 2025.
  • A 5-year view of Capital Expenditures shows it stood at $22.7 million in 2022, then soared by 76.17% to $40.0 million in 2023, then plunged by 36.27% to $25.5 million in 2024, then tumbled by 41.1% to $15.0 million in 2025, then sank by 324.41% to -$33.7 million in 2026.
  • Business Quant data shows ZM's Capital Expenditures at -$33.7 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 238.14 Bn 220.17 Bn 8.16 Bn -
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 65.00 Mn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 5.00 Mn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 145.00 Mn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 48.82 Mn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 100.00 Mn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 50.60 Mn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 58.00 Mn
10 Zoom Communications 27.67 Bn 19.85 Bn 951.29 Mn -33.68 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 -33.68 Mn
Jan 31, 2026 -33.68 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 -107.83 Mn
Jan 31, 2025 -107.83 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