Zoom Communications (ZM) Free Cash Flow (2018 - 2026)
Zoom Communications' (ZM) quarterly Free Cash Flow came in at $338.4 million in Q1 2026, down 18.69% year-over-year from $416.2 million in Q1 2025, and down 44.91% quarter-over-quarter from $614.3 million in Q4 2025.
Analysis
Zoom Communications (ZM) Free Cash Flow (2018 - 2026) Analysis & Trends
Zoom Communications (ZM) has reported Free Cash Flow for 9 consecutive years, with $338.4 million the latest figure, recorded in Q1 2026.
- On a quarterly basis, Free Cash Flow fell 18.69% year-over-year to $338.4 million in Q1 2026; TTM through Jan 2026 was $1.9 billion, a 6.38% increase from a year earlier, with the FY2026 full-year figure at $1.9 billion, up 6.38% from the prior year.
- Free Cash Flow was $338.4 million for Q1 2026 at Zoom Communications, down from $614.3 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $614.3 million in Q4 2025 and troughed at $183.3 million in Q1 2023.
- A 5-year average of $387.0 million and a median of $396.7 million in 2023 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow slumped 50.09% in 2022 and surged 81.47% in 2024, its largest moves.
- Over 5 years, Free Cash Flow stood at $272.6 million in 2022, then surged by 66.23% to $453.2 million in 2023, then advanced by 1.01% to $457.7 million in 2024, then soared by 34.21% to $614.3 million in 2025, then sank by 44.91% to $338.4 million in 2026.
- The last three Free Cash Flow figures came in at $338.4 million (Q1 2026), $614.3 million (Q4 2025), and $508.0 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | 355.71 Mn |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | - |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | 319.12 Mn |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 190.78 Mn |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 28.40 Mn |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | 26.14 Mn |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 25.46 Mn |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 10.80 Mn |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | -1.92 Mn |
| 10 | 8X8 | 263.26 Mn | 168.30 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jan 31, 2026 | 338.45 Mn |
| Oct 31, 2025 | 614.32 Mn |
| Jul 31, 2025 | 507.97 Mn |
| Apr 30, 2025 | 463.35 Mn |
| Jan 31, 2025 | 416.23 Mn |
| Oct 31, 2024 | 457.73 Mn |
| Jul 31, 2024 | 365.10 Mn |
| Apr 30, 2024 | 569.68 Mn |
| Jan 31, 2024 | 332.69 Mn |
| Oct 31, 2023 | 453.17 Mn |
| Jul 31, 2023 | 289.37 Mn |
| Apr 30, 2023 | 396.66 Mn |
| Jan 31, 2023 | 183.33 Mn |
| Oct 31, 2022 | 272.62 Mn |
| Jul 31, 2022 | 229.38 Mn |
| Apr 30, 2022 | 501.11 Mn |
| Jan 31, 2022 | 188.62 Mn |
| Oct 31, 2021 | 374.79 Mn |
| Jul 31, 2021 | 455.04 Mn |
| Apr 30, 2021 | 454.23 Mn |