Zoom Communications (ZM) Free Cash Flow (2018 - 2026)
Zoom Communications (ZM) recorded Free Cash Flow of $338.45 million in fiscal Q4 2026 (quarter ended Jan 31, 2026), down 18.7% from $416.23 million a year earlier and down 44.9% from the prior quarter.
Zoom Communications (ZM) Free Cash Flow (2018 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Zoom Communications reported Free Cash Flow of $1.92 billion, up 6.4% from FY2025.
- Annual Free Cash Flow has increased for three straight fiscal years, with a five-year compound annual growth rate of 6.7% (FY2021 to FY2026).
- Across earlier fiscal years, Free Cash Flow came in at $1.81 billion in FY2025 (+22.9%), $1.47 billion in FY2024 (+24.1%), $1.19 billion in FY2023 (-19.4%) and $1.47 billion in FY2022 (+5.9%).
- The fiscal Q4 2026 figure is the lowest quarterly Free Cash Flow since fiscal Q4 2024.
- On a year-over-year basis, Free Cash Flow rose in six of the last eight quarters, with growth averaging 16.5%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 81.5% in fiscal Q4 2024, against a decline of 50.1% in fiscal Q4 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $614.32 million (Q3 2026), $507.97 million (Q2 2026) and $463.35 million (Q1 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 93.82 Bn | 69.07 Bn | 6.00 Bn | 2.44 Bn |
| 2 | Atlassian | 46.64 Bn | 39.92 Bn | 1.53 Bn | 474.69 Mn |
| 3 | Twilio | 44.91 Bn | 34.90 Bn | 725.87 Mn | 369.32 Mn |
| 4 | Autodesk | 43.68 Bn | 31.72 Bn | 1.87 Bn | 561.00 Mn |
| 5 | Zoom Communications | 26.53 Bn | -4.25 Bn | 985.50 Mn | - |
| 6 | Figma | 11.16 Bn | 4.66 Bn | 309.61 Mn | - |
| 7 | Dropbox | 7.44 Bn | 3.07 Bn | 506.50 Mn | 235.20 Mn |
| 8 | Nice | 6.72 Bn | 5.19 Bn | 995.81 Mn | 319.12 Mn |
| 9 | RingCentral | 6.26 Bn | 5.75 Bn | 472.31 Mn | 195.84 Mn |
| 10 | Open Text | 5.43 Bn | 861.81 Mn | 1.01 Bn | 121.97 Mn |
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 |
Zoom Communications Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=ZM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "ZM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=ZM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();