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| 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% |