Zoom Communications (ZM) Capital Expenditures (2018 - 2026)
Zoom Communications' (ZM) quarterly Capital Expenditures came in at $16.1 million in 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.
Analysis
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.
- On a quarterly basis, Capital Expenditures rose 92.9% year-over-year to $16.1 million in Q1 2026; TTM through Jan 2026 was $65.0 million, a 52.43% decrease from a year earlier, with the FY2026 full-year figure at $65.0 million, down 52.43% from the prior year.
- Capital Expenditures was $16.1 million for Q1 2026 at Zoom Communications, up from $15.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $84.2 million in Q3 2024 and troughed at $8.0 million in Q3 2025.
- A 5-year average of $26.7 million and a median of $22.7 million in 2022 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures jumped 114.5% in 2022 and tumbled 90.54% in 2025, its largest moves.
- Over 5 years, Capital Expenditures stood at $22.7 million in 2022, then surged 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 increased by 7.11% to $16.1 million in 2026.
- The last three Capital Expenditures figures came in at $16.1 million (Q1 2026), $15.0 million (Q4 2025), and $8.0 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | 16.68 Mn |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | - |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | -17.21 Mn |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 15.65 Mn |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 13.68 Mn |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | 2.63 Mn |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 7.81 Mn |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 2.29 Mn |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | -221,000.00 |
| 10 | 8X8 | 263.26 Mn | 168.30 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 |