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| 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% |