Zoom Communications (ZM) FCF Margin (2018 - 2026)
Zoom Communications (ZM) reported FCF Margin of 31.13% for Q1 2026, down 1383.0% year-over-year from 2.43% in Q1 2025, and down 37.68% on a QoQ basis from 49.95% in Q4 2025.
Zoom Communications (ZM) has 9 years of FCF Margin data on file, last reported at 31.13% in Q1 2026.
- Quarterly FCF Margin fell 1383.0% year-over-year to 31.13% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 40.54% (down 72.0% YoY) and the FY2026 annual result came in at 40.54%, down 72.0% from the prior year.
- FCF Margin retreated to 31.13% in Q1 2026 per ZM's latest filing, from 49.95% in the prior quarter.
- Across five years, FCF Margin topped out at 49.95% in Q4 2025 and bottomed at 16.4% in Q1 2023.
- The 5-year median for FCF Margin is 35.89% (2023), against an average of 34.35%.
- The widest annual swing landed in 2022, when FCF Margin sank 3037 bps; it then soared 1594 bps in 2025.
- Tracing ZM's FCF Margin over 5 years: stood at 24.74% in 2022, then soared by 61 bps to 39.87% in 2023, then decreased by 2 bps to 38.87% in 2024, then advanced by 29 bps to 49.95% in 2025, then sank by 38 bps to 31.13% in 2026.
- Per Business Quant, the three latest ZM FCF Margin figures stand at 31.13% (Q1 2026), 49.95% (Q4 2025), and 41.73% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 36.77% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 47.52% |
| 3 | Uber Technologies | 147.39 Bn | 146.35 Bn | 11.88 Bn | 17.31% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 15.02% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 41.64% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 20.82% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 45.65% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 36.83% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 61.18% |
| 10 | Zoom Communications | 31.75 Bn | 23.93 Bn | 951.29 Mn | 31.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 31.13% |
| Oct 31, 2025 | 49.95% |
| Jul 31, 2025 | 41.73% |
| Apr 30, 2025 | 39.44% |
| Jan 31, 2025 | 44.96% |
| 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% |
| Jan 31, 2021 | 47.98% |
| Oct 31, 2020 | 49.95% |
| Jul 31, 2020 | 56.27% |
| Apr 30, 2020 | 76.70% |
| Jan 31, 2020 | 33.61% |
| Oct 31, 2019 | 32.86% |
| Jul 31, 2019 | 11.75% |
| Apr 30, 2019 | 12.57% |
| Jan 31, 2019 | 29.14% |
| Oct 31, 2018 | 11.25% |
| Jul 31, 2018 | 10.97% |
| Apr 30, 2018 | -1.82% |