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

Zoom Communications (ZM) has 9 years of Cost of Revenue data on file, last reported at $1.4 billion in FY2026.

• Cost of Revenue for Q1 2026 came in at $359.5 million, up 487.97% year-over-year; the trailing twelve-month figure through Jan 2026 was $1.2 billion (up 30.93% YoY), and the FY2026 annual result was $1.4 billion, up 22.9% from the prior year.
• Cost of Revenue rose to $1.4 billion in FY2026 per ZM's latest filing, from $1.1 billion in the prior year.
• Over five years, Cost of Revenue peaked at $1.7 billion in FY2023 and troughed at $1.1 billion in FY2025.
• A 5-year average of $1.4 billion and a median of $1.4 billion in 2026 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2023 and 2025: Cost of Revenue soared 49.35% in 2023, then declined 26.71% in 2025.
• A 5-year view of Cost of Revenue shows it stood at $1.1 billion in 2022, then jumped by 49.35% to $1.7 billion in 2023, then retreated by 9.15% to $1.5 billion in 2024, then decreased by 26.71% to $1.1 billion in 2025, then gained by 22.9% to $1.4 billion in 2026.
• Business Quant data shows ZM's Cost of Revenue at $1.4 billion in FY2026, $1.1 billion in FY2025, and $1.5 billion in FY2024.