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

Zoom Communications (ZM) has reported Cost of Revenue for 9 consecutive years, with $291.7 million the latest figure, recorded in Q3 2026.

• On a quarterly basis, Cost of Revenue rose 6.79% year-over-year to $291.7 million in Q3 2026; TTM through Jul 2026 was $1.1 billion, a 0.85% increase from a year earlier, with the FY2026 full-year figure at $1.1 billion, down 0.94% from the prior year.
• Cost of Revenue was $291.7 million for Q3 2026 at Zoom Communications, down from $295.7 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $295.7 million in Q1 2026 and troughed at $257.3 million in Q1 2022.
• A 5-year average of $276.4 million and a median of $273.5 million in 2022 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue rose 14.38% in 2023 and slipped 6.13% in 2024, its largest moves.
• Over 5 years, Cost of Revenue stood at $270.7 million in 2022, then gained by 0.12% to $271.0 million in 2023, then rose by 4.76% to $283.9 million in 2024, then slipped by 4.27% to $271.8 million in 2025, then rose by 7.34% to $291.7 million in 2026.
• The last three Cost of Revenue figures came in at $291.7 million (Q3 2026), $295.7 million (Q1 2026), and $271.8 million (Q4 2025), per Business Quant data.