Zoom Communications (ZM) Cost of Revenue (2018 - 2026)

Zoom Communications (ZM) has 9 years of Cost of Revenue data on file, last reported at $295.7 million in Q1 2026.

• On a quarterly basis, Cost of Revenue rose 2.9% year-over-year to $295.7 million in Q1 2026; TTM through Jan 2026 was $1.1 billion, a 0.94% decrease from a year earlier, with the FY2026 full-year figure at $1.1 billion, down 0.94% from the prior year.
• Cost of Revenue for Q1 2026 stood at $295.7 million, up from $271.8 million in the prior quarter.
• Over the last five years, Cost of Revenue for ZM reached as high as $295.7 million in Q1 2026 and fell as low as $257.3 million in Q1 2022.
• Historically, Cost of Revenue has averaged $275.5 million across 5 years, with a median of $273.3 million in 2024.
• Across the five-year window, Cost of Revenue increased 14.38% in 2023 and decreased 6.13% in 2024, its largest moves.
• Year by year, Cost of Revenue stood at $270.7 million in 2022, then increased by 0.12% to $271.0 million in 2023, then grew by 4.76% to $283.9 million in 2024, then retreated by 4.27% to $271.8 million in 2025, then rose by 8.8% to $295.7 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $295.7 million in Q1 2026, $271.8 million in Q4 2025, and $273.2 million in Q3 2025.