Zoom Communications (ZM) EBIT Margin (2018 - 2026)

Zoom Communications (ZM) posted quarterly EBIT Margin of 20.04% for Q1 2026, up 103.0% year-over-year from 9.87% in Q1 2025, and down 20.6% quarter-over-quarter from 25.24% in Q4 2025.

Zoom Communications (ZM) EBIT Margin (2018 - 2026) Analysis & Trends

Zoom Communications (ZM) has reported EBIT Margin for 9 consecutive years, with 20.04% the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBIT Margin rose 103.0% year-over-year to 20.04%; the TTM figure through Jan 2026 stood at 23.08% (up 565.0% YoY), while the FY2026 annual figure was 23.08%, up 565.0% from the prior year.
  • EBIT Margin retreated to 20.04% in Q1 2026 per ZM's latest filing, from 25.24% in the prior quarter.
  • Across five years, EBIT Margin topped out at 26.43% in Q3 2025 and bottomed at 11.62% in Q1 2023.
  • Historically, EBIT Margin has averaged 14.97% across 5 years, with a median of 17.41% in 2024.
  • Annual changes were most pronounced in 2023 — EBIT Margin tumbled 3512 bps — and 2024, when it soared 2632 bps.
  • Zoom Communications' EBIT Margin stood at 6.04% in 2022, then jumped by 147 bps to 14.9% in 2023, then gained by 4 bps to 15.53% in 2024, then soared by 63 bps to 25.24% in 2025, then dropped by 21 bps to 20.04% in 2026.
  • Business Quant data shows ZM's EBIT Margin at 20.04% in Q1 2026, 25.24% in Q4 2025, and 26.43% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 27.70%
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 13.62%
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 21.08%
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 13.32%
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 4.06%
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn -23.45%
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn -33.33%
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 33.82%
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 46.97%
10 Zoom Communications 31.31 Bn 23.50 Bn 951.29 Mn 20.04%

Historic Data

Download Data
DateValue
Jan 31, 2026 20.04%
Oct 31, 2025 25.24%
Jul 31, 2025 26.43%
Apr 30, 2025 20.57%
Jan 31, 2025 19.01%
Oct 31, 2024 15.53%
Jul 31, 2024 17.41%
Apr 30, 2024 17.79%
Jan 31, 2024 14.70%
Oct 31, 2023 14.90%
Jul 31, 2023 15.60%
Apr 30, 2023 0.88%
Jan 31, 2023 -11.62%
Oct 31, 2022 6.04%
Jul 31, 2022 11.07%
Apr 30, 2022 17.42%
Jan 31, 2022 23.50%
Oct 31, 2021 27.68%
Jul 31, 2021 28.84%
Apr 30, 2021 23.67%