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

Zoom Communications (ZM) has 9 years of Gross Margin data on file, last reported at 76.29% in Q1 2026.

• On a quarterly basis, Gross Margin rose 55.0% year-over-year to 76.29% in Q1 2026; TTM through Jan 2026 was 77.02%, a 123.0% increase from a year earlier, with the FY2026 full-year figure at 77.02%, up 123.0% from the prior year.
• Gross Margin for Q1 2026 stood at 76.29%, down from 77.9% in the prior quarter.
• Over the last five years, Gross Margin for ZM reached as high as 77.9% in Q4 2025 and fell as low as 73.67% in Q1 2023.
• Historically, Gross Margin has averaged 75.99% across 5 years, with a median of 75.98% in 2022.
• Across the five-year window, Gross Margin jumped 627 bps in 2022 and plunged 231 bps in 2023, its largest moves.
• Year by year, Gross Margin stood at 75.44% in 2022, then climbed by 1 bps to 76.16% in 2023, then fell by 0 bps to 75.89% in 2024, then increased by 3 bps to 77.9% in 2025, then retreated by 2 bps to 76.29% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 76.29% in Q1 2026, 77.9% in Q4 2025, and 77.56% in Q3 2025.