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
DateValue
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