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

Zoom Communications (ZM) reported EBT Margin of 69.26% for Q1 2026, up 3123.0% year-over-year from 2.15% in Q1 2025, and up 7.18% quarter-over-quarter 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.

  • EBT Margin for Q1 2026 came in at 69.26%, up 3123.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 49.75% (up 2155.0% YoY), and the FY2026 annual result was 49.75%, up 2155.0% from the prior year.
  • EBT Margin rose to 69.26% in Q1 2026 per ZM's latest filing, from 64.62% in the prior quarter.
  • Over five years, EBT Margin peaked at 69.26% in Q1 2026 and troughed at 3.54% in Q1 2023.
  • A 5-year average of 24.66% and a median of 23.81% in 2024 frame the typical range for EBT Margin.
  • The sharpest annual moves came in 2022 and 2025: EBT Margin tumbled 3408 bps in 2022, then jumped 4081 bps in 2025.
  • A 5-year view of EBT Margin shows it 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 increased by 7 bps to 69.26% in 2026.
  • Business Quant data shows ZM's EBT Margin at 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 238.14 Bn 220.17 Bn 8.16 Bn 28.74%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 3.76%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -20.00%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 24.25%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 29.04%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 17.85%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 30.00%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 33.82%
10 Zoom Communications 27.67 Bn 19.85 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%