KPIs & Operating Metrics(New)
Growth Metrics

Zoom Communications (ZM) Gross Margin (2018 - 2026)

Zoom Communications (ZM) has disclosed Gross Margin for 9 consecutive years, with 76.29% as the latest value for Q1 2026.

  • Quarterly Gross Margin rose 55.0% to 76.29% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 77.02% through Jan 2026, up 123.0% year-over-year, with the annual reading at 77.02% for FY2026, 123.0% up from the prior year.
  • Gross Margin for Q1 2026 was 76.29% at Zoom Communications, down from 77.9% in the prior quarter.
  • The five-year high for Gross Margin was 77.9% in Q4 2025, with the low at 73.67% in Q1 2023.
  • Average Gross Margin over 5 years is 75.99%, with a median of 75.98% recorded in 2022.
  • The sharpest move saw Gross Margin skyrocketed 627bps in 2022, then crashed -231bps in 2023.
  • Over 5 years, Gross Margin stood at 75.44% in 2022, then increased by 1bps to 76.16% in 2023, then decreased by 0bps to 75.89% in 2024, then grew by 3bps to 77.9% in 2025, then fell by -2bps to 76.29% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods came in at 76.29%, 77.9%, and 77.56% for Q1 2026, Q4 2025, and Q3 2025 respectively.