Zoom Communications (ZM) EBT Margin (2018 - 2026)
Zoom Communications (ZM) posted quarterly 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 reported EBT Margin for 9 consecutive years, with 69.26% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT Margin rose 3123.0% year-over-year to 69.26%; the TTM figure through Jan 2026 stood at 49.75% (up 2155.0% YoY), while the FY2026 annual figure was 49.75%, up 2155.0% from the prior year.
- EBT Margin climbed to 69.26% in Q1 2026 per ZM's latest filing, from 64.62% in the prior quarter.
- Across five years, EBT Margin topped out at 69.26% in Q1 2026 and bottomed at 3.54% in Q1 2023.
- Historically, EBT Margin has averaged 24.66% across 5 years, with a median of 23.81% in 2024.
- Annual changes were most pronounced in 2022 — EBT Margin tumbled 3408 bps — and 2025, when it jumped 4081 bps.
- Zoom Communications' EBT Margin stood at 4.97% in 2022, then jumped by 229 bps to 16.35% in 2023, then soared by 46 bps to 23.81% in 2024, then jumped by 171 bps to 64.62% in 2025, then rose 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 | 255.48 Bn | 234.41 Bn | 16.51 Bn | 29.61% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 49.54% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 24.44% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 23.09% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 10.99% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -21.33% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 22.98% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 33.82% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 47.29% |
| 10 | Zoom Communications | 31.31 Bn | 23.50 Bn | 951.29 Mn | 69.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |