Zoom Communications (ZM) FCF Margin (2018 - 2026)
Zoom Communications' (ZM) quarterly FCF Margin came in at 27.14% in Q1 2026, down 801.0% year-over-year from 3.87% in Q1 2025, and down 45.67% quarter-over-quarter from 49.95% in Q4 2025.
Analysis
Zoom Communications (ZM) FCF Margin (2018 - 2026) Analysis & Trends
Zoom Communications (ZM) has reported FCF Margin for 9 consecutive years, with 27.14% the latest figure, recorded in Q1 2026.
- On a quarterly basis, FCF Margin fell 801.0% year-over-year to 27.14% in Q1 2026; TTM through Jan 2026 was 39.52%, a 75.0% increase from a year earlier, with the FY2026 full-year figure at 39.52%, up 75.0% from the prior year.
- FCF Margin was 27.14% for Q1 2026 at Zoom Communications, down from 49.95% in the prior quarter.
- Over five years, FCF Margin peaked at 49.95% in Q4 2025 and troughed at 16.4% in Q1 2023.
- A 5-year average of 33.53% and a median of 35.15% in 2025 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin plunged 2522 bps in 2022 and soared 1513 bps in 2023, its largest moves.
- Over 5 years, FCF Margin stood at 24.74% in 2022, then jumped by 61 bps to 39.87% in 2023, then slipped by 2 bps to 38.87% in 2024, then climbed by 29 bps to 49.95% in 2025, then sank by 46 bps to 27.14% in 2026.
- The last three FCF Margin figures came in at 27.14% (Q1 2026), 49.95% (Q4 2025), and 41.73% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | 23.73% |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | - |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | 20.58% |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 29.04% |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 9.09% |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | 11.89% |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 27.86% |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 12.98% |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | -4.75% |
| 10 | 8X8 | 263.26 Mn | 168.30 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 27.14% |
| Oct 31, 2025 | 49.95% |
| Jul 31, 2025 | 41.73% |
| Apr 30, 2025 | 39.44% |
| Jan 31, 2025 | 35.15% |
| Oct 31, 2024 | 38.87% |
| Jul 31, 2024 | 31.41% |
| Apr 30, 2024 | 49.92% |
| Jan 31, 2024 | 29.02% |
| Oct 31, 2023 | 39.87% |
| Jul 31, 2023 | 25.41% |
| Apr 30, 2023 | 35.89% |
| Jan 31, 2023 | 16.40% |
| Oct 31, 2022 | 24.74% |
| Jul 31, 2022 | 20.86% |
| Apr 30, 2022 | 46.67% |
| Jan 31, 2022 | 17.61% |
| Oct 31, 2021 | 35.67% |
| Jul 31, 2021 | 44.55% |
| Apr 30, 2021 | 47.50% |