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

Zoom Communications' (ZM) quarterly EBT Margin came in at 69.26% in Q1 2026, up 3123.0% year-on-year from 2.15% in Q1 2025, and up 7.18% on a QoQ basis from 64.62% in Q4 2025.

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

Zoom Communications (ZM) has 9 years of EBT Margin data on file, last reported at 69.26% in Q1 2026.

  • On a quarterly basis, EBT Margin rose 3123.0% year-over-year to 69.26% in Q1 2026; TTM through Jan 2026 was 49.75%, a 2155.0% increase from a year earlier, with the FY2026 full-year figure at 49.75%, up 2155.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 69.26%, up from 64.62% in the prior quarter.
  • Over the last five years, EBT Margin for ZM reached as high as 69.26% in Q1 2026 and fell as low as 3.54% in Q1 2023.
  • Historically, EBT Margin has averaged 24.66% across 5 years, with a median of 23.81% in 2024.
  • Across the five-year window, EBT Margin sank 3408 bps in 2022 and surged 4081 bps in 2025, its largest moves.
  • Year by year, EBT Margin stood at 4.97% in 2022, then soared by 229 bps to 16.35% in 2023, then surged by 46 bps to 23.81% in 2024, then soared by 171 bps to 64.62% in 2025, then advanced by 7 bps to 69.26% in 2026.
  • Per Business Quant data, the three most recent EBT Margin figures were 69.26% in Q1 2026, 64.62% in Q4 2025, and 36.82% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 28.74%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -20.00%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 3.76%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 24.44%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 10.99%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 30.00%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -21.33%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 29.04%
10 Zoom Communications 25.28 Bn 17.46 Bn 951.29 Mn 69.26%

Historic Data

Download Data
DateValue
Jan 31, 2026 69.26%
Oct 31, 2025 64.62%
Jul 31, 2025 36.82%
Apr 30, 2025 26.88%
Jan 31, 2025 38.03%
Oct 31, 2024 23.81%
Jul 31, 2024 25.19%
Apr 30, 2024 25.58%
Jan 31, 2024 30.78%
Oct 31, 2023 16.35%
Jul 31, 2023 21.99%
Apr 30, 2023 3.91%
Jan 31, 2023 -3.54%
Oct 31, 2022 4.97%
Jul 31, 2022 8.22%
Apr 30, 2022 13.38%
Jan 31, 2022 12.93%
Oct 31, 2021 39.05%
Jul 31, 2021 31.71%
Apr 30, 2021 23.94%