Zoom Communications ZM
NASDAQ ZM
$101.33 +3.19 (+3.25%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Zoom Communications' (ZM) quarterly Net Margin came in at 120.77% in Q3 2026, up 9131.0% year-over-year from 1.31% in Q3 2025, and up 123.41% quarter-over-quarter from 54.06% in Q1 2026.

Analysis

Zoom Communications (ZM) Net Margin (2018 - 2026) Analysis & Trends

Zoom Communications (ZM) has reported Net Margin for 9 consecutive years, with 120.77% the latest figure, recorded in Q3 2026.

  • On a quarterly basis, Net Margin rose 9131.0% year-over-year to 120.77% in Q3 2026; TTM through Jul 2026 was 64.13%, a 3913.0% increase from a year earlier, with the FY2026 full-year figure at 39.03%, up 1737.0% from the prior year.
  • Net Margin was 120.77% for Q3 2026 at Zoom Communications, up from 54.06% in the prior quarter.
  • Over five years, Net Margin peaked at 120.77% in Q3 2026 and troughed at 9.31% in Q1 2023.
  • A 5-year average of 26.32% and a median of 18.9% in 2024 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin tumbled 5509 bps in 2023 and surged 9131 bps in 2026, its largest moves.
  • Over 5 years, Net Margin stood at 4.39% in 2022, then surged by 183 bps to 12.42% in 2023, then jumped by 42 bps to 17.58% in 2024, then surged by 183 bps to 49.83% in 2025, then soared by 142 bps to 120.77% in 2026.
  • The last three Net Margin figures came in at 120.77% (Q3 2026), 54.06% (Q1 2026), and 49.83% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Twilio 35.77 Bn 33.11 Bn 725.87 Mn 71.19%
2 Zoom Communications 29.62 Bn 22.37 Bn 985.50 Mn 120.77%
3 Nice 6.38 Bn 6.02 Bn 995.81 Mn 8.38%
4 RingCentral 6.14 Bn 6.03 Bn 472.31 Mn 5.95%
5 Five9 2.49 Bn 1.83 Bn 166.74 Mn 1.08%
6 Bandwidth 1.35 Bn 1.17 Bn 78.54 Mn 1.09%
7 Consensus Cloud Solutions 648.68 Mn 549.78 Mn 73.07 Mn 29.96%
8 Ooma 640.32 Mn 622.79 Mn 50.99 Mn 3.56%
9 Agora 498.86 Mn 423.01 Mn 25.74 Mn 5.44%
10 8X8 263.26 Mn 168.30 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 120.77%
Jan 31, 2026 54.06%
Oct 31, 2025 49.83%
Jul 31, 2025 29.46%
Apr 30, 2025 21.67%
Jan 31, 2025 31.07%
Oct 31, 2024 17.58%
Jul 31, 2024 18.84%
Apr 30, 2024 18.95%
Jan 31, 2024 26.07%
Oct 31, 2023 12.42%
Jul 31, 2023 15.98%
Apr 30, 2023 1.40%
Jan 31, 2023 -9.31%
Oct 31, 2022 4.39%
Jul 31, 2022 4.16%
Apr 30, 2022 10.58%
Jan 31, 2022 45.78%
Oct 31, 2021 32.38%
Jul 31, 2021 31.03%