Zoom Communications (ZM) Cost of Revenue (2018 - 2026)
Zoom Communications' Cost of Revenue was $291.72 million in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 6.8% from $273.17 million a year earlier.
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Zoom Communications (ZM) Cost of Revenue (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Zoom Communications' Cost of Revenue was $1.13 billion through Jul 31, 2026, up 0.9% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $1.12 billion, down 0.9% from FY2025.
- Cost of Revenue shows a five-year compound annual growth rate of 6.4% (FY2021 to FY2026).
- In earlier fiscal years, Cost of Revenue was $1.13 billion in FY2025 (+4.8%), $1.08 billion in FY2024 (-2.1%), $1.1 billion in FY2023 (+4.4%) and $1.05 billion in FY2022 (+28.3%).
- Quarterly Cost of Revenue has moved between $257.35 million (fiscal Q4 2022) and $295.7 million (fiscal Q4 2026) over five years.
- Compared with a year earlier, Cost of Revenue was higher in five of the last seven quarters, with growth averaging 1.7%.
- The best year-over-year quarter for Cost of Revenue over five years was fiscal Q4 2023 (growth of 14.4%); the worst was fiscal Q4 2024 (a decline of 6.1%).
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Zoom Communications Cost of Revenue 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=cost-of-revenue&ticker=ZM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "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=cost-of-revenue&ticker=ZM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();